Lowest-Rated StocksLowest-RatedMost-Downgraded StocksMost-DowngradedNASDAQ:SPWR SunPower (SPWR) Stock Forecast, Price & News $6.37 -0.25 (-3.78%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$6.36▼$6.8050-Day Range$6.37▼$11.5952-Week Range$6.31▼$25.75Volume2.83 million shsAverage Volume3.92 million shsMarket Capitalization$1.12 billionP/E Ratio21.23Dividend YieldN/APrice Target$14.05 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SunPower MarketRank™ ForecastAnalyst RatingHold2.09 Rating ScoreUpside/Downside120.6% Upside$14.05 Price TargetShort InterestBearish31.04% of Float Sold ShortDividend StrengthN/ASustainability+0.03Upright™ Environmental ScoreNews Sentiment-0.10Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.32) to ($0.04) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.25 out of 5 starsOils/Energy Sector117th out of 244 stocksSemiconductors & Related Devices Industry50th out of 86 stocks 4.0 Analyst's Opinion Consensus RatingSunPower has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 3 buy ratings, 15 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.05, SunPower has a forecasted upside of 120.6% from its current price of $6.37.Amount of Analyst CoverageSunPower has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted31.04% of the float of SunPower has been sold short.Short Interest Ratio / Days to CoverSunPower has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in SunPower has recently increased by 0.68%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldSunPower does not currently pay a dividend.Dividend GrowthSunPower does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSunPower has received a 66.23% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Solar panels", "Installation services of solar panels", and "Construction of solar power plants" products. See details.Environmental SustainabilityThe Environmental Impact score for SunPower is 0.03. Previous Next 1.6 News and Social Media Coverage News SentimentSunPower has a news sentiment score of -0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for SunPower this week, compared to 4 articles on an average week.Search InterestOnly 16 people have searched for SPWR on MarketBeat in the last 30 days. This is a decrease of -59% compared to the previous 30 days.MarketBeat Follows10 people have added SunPower to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SunPower insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.33% of the stock of SunPower is held by insiders.Percentage Held by Institutions47.36% of the stock of SunPower is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for SunPower are expected to grow in the coming year, from ($0.32) to ($0.04) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SunPower is 21.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.85.Price to Earnings Ratio vs. SectorThe P/E ratio of SunPower is 21.23, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 8.98.Price to Book Value per Share RatioSunPower has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SunPower (NASDAQ:SPWR) StockSunPower 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 is a subsidiary of TotalEnergies SE.Read More SPWR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPWR Stock News HeadlinesSeptember 22, 2023 | thestreet.comSunPower CorporationSeptember 21, 2023 | finance.yahoo.comSunPower to Announce Third Quarter 2023 Results on November 1, 2023September 24, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 21, 2023 | americanbankingnews.comSunPower Co. (NASDAQ:SPWR) Receives Consensus Recommendation of "Hold" from BrokeragesSeptember 17, 2023 | americanbankingnews.comSunPower (NASDAQ:SPWR) Price Target Cut to $9.00 by Analysts at JPMorgan Chase & Co.September 17, 2023 | americanbankingnews.comJPMorgan Chase & Co. Cuts SunPower (NASDAQ:SPWR) Price Target to $9.00September 15, 2023 | msn.comJP Morgan Maintains Sunpower (SPWR) Underweight RecommendationSeptember 14, 2023 | markets.businessinsider.comWells Fargo Sticks to Its Hold Rating for SunPower (SPWR)September 24, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 13, 2023 | seekingalpha.comSunPower Corporation: Outlook Remains Favorable, Sticking With My Gut On This OneSeptember 8, 2023 | finance.yahoo.comWhy Investors Went Cold on SunPower Stock This WeekSeptember 8, 2023 | forbes.comWhy Residential Solar Players Like SunPower Stock Are Having A Tough YearSeptember 7, 2023 | finance.yahoo.comSunPower Enhances SunVault Battery Storage for Electricity Bill SavingsSeptember 6, 2023 | markets.businessinsider.comAnalyst Expectations for SunPower's FutureSeptember 6, 2023 | finance.yahoo.comUnraveling the Challenges Ahead for SunPower Corp (SPWR)September 6, 2023 | finance.yahoo.comIs SunPower (SPWR) Too Good to Be True? A Comprehensive Analysis of a Potential Value TrapSeptember 3, 2023 | msn.comSunPower: Headwinds May Produce A Buying OpportunityAugust 31, 2023 | finance.yahoo.comSunPower (SPWR) Down 19.9% Since Last Earnings Report: Can It Rebound?August 30, 2023 | finance.yahoo.comHedge Funds Are Shorting Stocks That Biden’s IRA Was Meant to HelpAugust 25, 2023 | thestreet.comSunPower (SPWR) Stock Soars on Climate DealAugust 15, 2023 | bizjournals.comMetro grid battery energy storage juggernaut names new CEO for 'next phase' of growthAugust 15, 2023 | markets.businessinsider.comWhat's Going On With Maxeon Stock Today?August 11, 2023 | finance.yahoo.comQ2 2023 Maxeon Solar Technologies Ltd Earnings CallAugust 11, 2023 | finance.yahoo.comWhy Maxeon Solar Technologies Stock Cracked TodayAugust 11, 2023 | finance.yahoo.comSunPower Statement Regarding Ongoing Supply Agreement NegotiationAugust 6, 2023 | finance.yahoo.comResidential Solar Weakness Hits SunPowerAugust 2, 2023 | finance.yahoo.comSunPower Corporation (NASDAQ:SPWR) Q2 2023 Earnings Call TranscriptSee More Headlines Receive SPWR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SunPower and its competitors with MarketBeat's FREE daily newsletter. Email Address SPWR Company Calendar Last Earnings8/01/2023Today9/24/2023Next Earnings (Confirmed)11/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductors SectorOils/Energy Current SymbolNASDAQ:SPWR Previous SymbolNASDAQ:SPWRA CUSIP86765240 CIK867773 Webwww.sunpowercorp.com Phone(408) 240-5500Fax302-655-5049Employees3,480Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.05 High Stock Price Forecast$27.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+120.6%Consensus RatingHold Rating Score (0-4)2.09 Research Coverage22 Analysts Profitability EPS (Most Recent Fiscal Year)$0.30 Trailing P/E Ratio21.23 Forward P/E RatioN/A P/E GrowthN/ANet Income$56.04 million Net Margins3.37% Pretax Margin3.69% Return on Equity-2.67% Return on Assets-0.86% Debt Debt-to-Equity Ratio0.64 Current Ratio1.64 Quick Ratio0.98 Sales & Book Value Annual Sales$1.74 billion Price / Sales0.64 Cash Flow$0.38 per share Price / Cash Flow16.77 Book Value$3.30 per share Price / Book1.93Miscellaneous Outstanding Shares175,190,000Free Float174,614,000Market Cap$1.12 billion OptionableOptionable Beta1.89 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Peter T. Faricy (Age 57)Chairman, Pres & CEO Comp: $1.22MMr. Jason MacRae (Age 50)Exec. VP of Financial Products Comp: $1.31MMr. Guthrie Dundas (Age 38)VP of Fin. & Treasurer Comp: $435.93kMs. Elizabeth Eby (Age 59)Exec. VP & CFO Ms. Jennifer JohnstonExec. VP & COOMs. Vichheka Heang (Age 43)VP, Corp. Controller & Principal Accounting Officer Mr. Josh KoppelmanExec. VP & CTOMr. Michael WeinsteinVP of Investor RelationsMs. Eileen EvansExec. VP, Chief Legal Officer & Corp. Sec.Mr. Jim DaweGlobal VP of Sales & MarketingMore ExecutivesKey CompetitorsJinkoSolarNYSE:JKSMaxeon Solar TechnologiesNASDAQ:MAXNShoals Technologies GroupNASDAQ:SHLSOPAL FuelsNASDAQ:OPALNOWNYSE:DNOWView All CompetitorsInsiders & InstitutionsPortside Wealth Group LLCBought 28,574 shares on 9/1/2023Ownership: 0.016%Wolverine Trading LLCBought 55,400 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 41,600 shares on 8/22/2023Ownership: 0.024%Osaic Holdings Inc.Sold 37,890 shares on 8/21/2023Ownership: 0.024%Teachers Retirement System of The State of KentuckyBought 14,004 shares on 8/21/2023Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions SPWR Stock - Frequently Asked Questions Should I buy or sell SunPower stock right now? 22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 3 sell ratings, 15 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SPWR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPWR, but not buy additional shares or sell existing shares. View SPWR analyst ratings or view top-rated stocks. What is SunPower's stock price forecast for 2023? 22 brokerages have issued twelve-month price objectives for SunPower's stock. Their SPWR share price forecasts range from $7.00 to $27.00. On average, they expect the company's share price to reach $14.05 in the next twelve months. This suggests a possible upside of 120.6% 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 2023? SunPower's stock was trading at $18.03 at the beginning of the year. Since then, SPWR shares have decreased by 64.7% and is now trading at $6.37. View the best growth stocks for 2023 here. When is SunPower's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our SPWR earnings forecast. How can I listen to SunPower's earnings call? SunPower will be holding an earnings conference call on Wednesday, November 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were SunPower's earnings last quarter? SunPower Co. (NASDAQ:SPWR) released its quarterly earnings data on Tuesday, August, 1st. The semiconductor company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by $0.11. The semiconductor company had revenue of $463.85 million for the quarter, compared to the consensus estimate of $462.85 million. SunPower had a net margin of 3.37% and a negative trailing twelve-month return on equity of 2.67%. What ETFs hold SunPower's stock? ETFs with the largest weight of SunPower (NASDAQ:SPWR) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), SPDR S&P Kensho Clean Power ETF (CNRG), Subversive Decarbonization ETF (DKRB), Global X Clean Tech ETF (CTEC), SoFi Smart Energy ETF (SHFT), SoFi Smart Energy ETF (ENRG), Invesco Solar ETF (TAN) and Parabla Innovation ETF (LZRD). What guidance has SunPower issued on next quarter's earnings? SunPower updated its second quarter 2023 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $464.00 million-$464.00 million, compared to the consensus revenue estimate of $483.76 million. 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). What is SunPower's stock symbol? SunPower trades on the NASDAQ under the ticker symbol "SPWR." Who are SunPower's major shareholders? SunPower's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.06%), Schroder Investment Management Group (3.89%), State Street Corp (2.19%), Geode Capital Management LLC (1.03%), Goldman Sachs Group Inc. (0.00%) and Northern Trust Corp (0.55%). Insiders that own company stock include Douglas J Richards, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SunPower's stock price today? One share of SPWR stock can currently be purchased for approximately $6.37. How much money does SunPower make? SunPower (NASDAQ:SPWR) has a market capitalization of $1.12 billion and generates $1.74 billion in revenue each year. The semiconductor company earns $56.04 million in net income (profit) each year or $0.30 on an earnings per share basis. How many employees does SunPower have? The company employs 3,480 workers across the globe. How can I contact SunPower? SunPower's mailing address is 51 RIO ROBLES, SAN JOSE CA, 95134. The official website for the company is www.sunpowercorp.com. The semiconductor company can be reached via phone at (408) 240-5500, via email at bob.okunski@sunpower.com, or via fax at 302-655-5049. This page (NASDAQ:SPWR) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SunPower Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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