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Roku stock and the mother of all entry opportunities
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The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
My wife was skeptical... until I showed her my account balance. (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
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Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
AI Stock Caught Trading Under Secret Name (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
My wife was skeptical... until I showed her my account balance. (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
AI Stock Caught Trading Under Secret Name (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
AI Stock Caught Trading Under Secret Name (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard

SunPower (SPWR) Stock Price, News & Analysis

$3.16
-0.27 (-7.87%)
(As of 02/22/2024 ET)
Today's Range
$3.16
$3.47
50-Day Range
$2.94
$6.14
52-Week Range
$2.74
$16.28
Volume
7.65 million shs
Average Volume
8.59 million shs
Market Capitalization
$554.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.16

SunPower MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.62 Rating Score
Upside/​Downside
95.0% Upside
$6.16 Price Target
Short Interest
Bearish
40.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
+0.03
Upright™ Environmental Score
News Sentiment
0.22mentions of SunPower in the last 14 days
Based on 41 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.51) to ($0.17) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.95 out of 5 stars

Oils/Energy Sector

63rd out of 231 stocks

Semiconductors & Related Devices Industry

27th out of 86 stocks


SPWR stock logo

About SunPower Stock (NASDAQ:SPWR)

SunPower Corporation, a solar technology and energy services provider, offers solar, storage, and home energy solutions primarily in the United States and Canada. Its solutions include the Equinox and SunVault systems which are pre-engineered modular solutions for residential applications that combine solar module technology with integrated plug-and-play power stations, cable management systems, and mounting hardware that enable dealers and installers to complete system installations, as well as for end customers to manage their energy production. The company also provides post-installation monitoring and maintenance services. It serves residential customers, including individual homeowners and new home builders. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation operates as a subsidiary of TotalEnergies SE.

SPWR Stock Price History

SPWR Stock News Headlines

2 solar stocks ready to shine bright in 2024
While the oils/energy sector had modest gains in 2023, solar energy stocks took a beating. The Invesco Solar ETF NYSEARCA: TAN is down 38.53% on a trailing 12-month basis and down 12% year-to-date (YTD).
2 solar stocks ready to shine bright in 2024
While the oils/energy sector had modest gains in 2023, solar energy stocks took a beating. The Invesco Solar ETF (NYSEARCA: TAN) is down 38.53% on a trailing
Tech insider: "Watch your mailbox"
You could soon get a strange package from the Federal Government. It's part of the biggest overhaul to our money in decades. And it could change your life (and retirement) in ways that'll surprise you.
Where Will SunPower Stock Be in 1 Year?
SunPower (NASDAQ:SPWR) Given New $6.00 Price Target at Evercore ISI
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
7 Solar Stocks That Could Make Your February Unforgettable
SunPower (NASDAQ:SPWR) Price Target Raised to $4.50
UBS Group Boosts SunPower (NASDAQ:SPWR) Price Target to $4.25
Guggenheim Lowers SunPower (NASDAQ:SPWR) to Sell
Sunpower Corp
SunPower Full Year 2023 Earnings: EPS Misses Expectations
SPWR Feb 2024 3.500 put
Why SunPower Stock Is Down Today
SunPower downgraded to Sell at Guggenheim after rescue financing
SunPower price target raised by 50c at Susquehanna, here's why
See More Headlines
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Company Calendar

Last Earnings
8/02/2022
Today
2/22/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:SPWR
Previous Symbol
NASDAQ:SPWRA
CUSIP
86765240
Employees
3,480
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.16
High Stock Price Target
$20.00
Low Stock Price Target
$2.50
Potential Upside/Downside
+95.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.62
Research Coverage
21 Analysts

Profitability

Net Income
$-247,110,000.00
Pretax Margin
-13.61%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Book Value
$1.75 per share

Miscellaneous

Free Float
174,782,000
Market Cap
$554.14 million
Optionable
Optionable
Beta
1.76
These 7 Stocks Will Be Magnificent in 2024 Cover

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Key Executives

  • Mr. Peter T. Faricy (Age 58)
    Chairman, President & CEO
    Comp: $1.22M
  • Mr. Guthrie Dundas (Age 39)
    VP of Finance & Treasurer
    Comp: $435.93k
  • Ms. Elizabeth Eby (Age 60)
    Principal Accounting Officer, Executive VP & CFO
  • Ms. Jennifer Johnston
    Executive VP & COO
  • Mr. Josh Koppelman
    Executive VP & CTO
  • Mr. Michael Weinstein
    Vice President of Investor Relations
  • Ms. Eileen Evans
    Executive VP, Chief Legal Officer & Corporate Secretary
  • Mr. Jim Dawe
    Global Vice President of Sales & Marketing
  • Ms. Joanne Endow
    Head of ESG














SPWR Stock Analysis - Frequently Asked Questions

Should I buy or sell SunPower stock right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 9 sell ratings, 11 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" SPWR shares.
View SPWR analyst ratings
or view top-rated stocks.

What is SunPower's stock price target for 2024?

21 brokerages have issued 1 year price targets for SunPower's shares. Their SPWR share price targets range from $2.50 to $20.00. On average, they anticipate the company's stock price to reach $6.16 in the next year. This suggests a possible upside of 95.0% from the stock's current price.
View analysts price targets for SPWR
or view top-rated stocks among Wall Street analysts.

How have SPWR shares performed in 2024?

SunPower's stock was trading at $4.83 at the beginning of 2024. Since then, SPWR shares have decreased by 34.6% and is now trading at $3.16.
View the best growth stocks for 2024 here
.

Are investors shorting SunPower?

SunPower saw a increase in short interest in January. As of January 31st, there was short interest totaling 34,710,000 shares, an increase of 20.1% from the January 15th total of 28,910,000 shares. Based on an average daily volume of 7,740,000 shares, the days-to-cover ratio is presently 4.5 days. Currently, 40.2% of the company's stock are sold short.
View SunPower's Short Interest
.

When is SunPower's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our SPWR earnings forecast
.

How were SunPower's earnings last quarter?

SunPower Co. (NASDAQ:SPWR) issued its earnings results on Tuesday, August, 2nd. The semiconductor company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.02. The semiconductor company earned $417.80 million during the quarter, compared to the consensus estimate of $364.47 million. SunPower had a negative net margin of 14.15% and a negative trailing twelve-month return on equity of 40.95%. SunPower's quarterly revenue was up 60.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.01 earnings per share.

What is Tom Werner's approval rating as SunPower's CEO?

197 employees have rated SunPower Chief Executive Officer Tom Werner on Glassdoor.com. Tom Werner has an approval rating of 79% among the company's employees.

What other stocks do shareholders of SunPower own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SunPower investors own include Tesla (TSLA), Advanced Micro Devices (AMD), First Solar (FSLR), Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), Intel (INTC), Cisco Systems (CSCO), QUALCOMM (QCOM) and Walt Disney (DIS).

Who are SunPower's major shareholders?

SunPower's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.50%), Point72 Asset Management L.P. (1.66%), Federated Hermes Inc. (0.97%), Goldman Sachs Group Inc. (0.00%), Balyasny Asset Management L.P. (0.00%) and First Trust Advisors LP (0.61%). Insiders that own company stock include Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, Peter Faricy, Thomas H Werner and Vichheka Heang.
View institutional ownership trends
.

How do I buy shares of SunPower?

Shares of SPWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SPWR) was last updated on 2/23/2024 by MarketBeat.com Staff