S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Laser breakthrough could send stock soaring 2,467% (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Laser breakthrough could send stock soaring 2,467% (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Laser breakthrough could send stock soaring 2,467% (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Laser breakthrough could send stock soaring 2,467% (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Laser breakthrough could send stock soaring 2,467% (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Laser breakthrough could send stock soaring 2,467% (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Laser breakthrough could send stock soaring 2,467% (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Laser breakthrough could send stock soaring 2,467% (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Laser breakthrough could send stock soaring 2,467% (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker

SunPower (SPWR) Stock Forecast, Price & News

$10.89
-0.03 (-0.27%)
(As of 06/2/2023 ET)
Compare
Today's Range
$10.80
$11.27
50-Day Range
$9.57
$14.68
52-Week Range
$9.37
$28.42
Volume
4.66 million shs
Average Volume
4.75 million shs
Market Capitalization
$1.91 billion
P/E Ratio
83.78
Dividend Yield
N/A
Price Target
$17.82

SunPower MarketRank™ Forecast

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
63.6% Upside
$17.82 Price Target
Short Interest
Bearish
15.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
+0.03
Upright™ Environmental Score
News Sentiment
0.24mentions of SunPower in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$99,675 Bought Last Quarter
Proj. Earnings Growth
238.46%
From $0.13 to $0.44 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.70 out of 5 stars

Oils/Energy Sector

63rd out of 248 stocks

Semiconductors & Related Devices Industry

12th out of 89 stocks


SPWR stock logo

About SunPower (NASDAQ:SPWR) Stock

SunPower Corp. engages in the design, manufacture, and delivery of solar panels and systems. The company provides fully integrated solar, storage, and home energy solutions. The company was founded by Thomas L. Dinwoodie, Robert Lorenzini and Richard M. Swanson in April 1985 and is headquartered in Richmond, CA.

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SPWR Stock News Headlines

First Solar Rises to a 15-Year High on Sunny Takeover Deal (SPWR)
First Solar is shining again, trading at its highest level since 2008 thanks to an astute buyout and positive regulatory news.
We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
SunPower Sees Unusually Large Options Volume (NASDAQ:SPWR)
SunPower Co. (NASDAQ:SPWR) Short Interest Up 17.1% in May
SunPower (SPWR) Receives a Sell from Barclays
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
SunPower Names Elizabeth Eby CFO
SunPower Appoints Chief Financial Officer
Q1 2023 Maxeon Solar Technologies Ltd Earnings Call
SunPower Disappoints but Sees a Brighter Future
See More Headlines

SPWR Price History

SPWR Company Calendar

Last Earnings
8/02/2022
Today
6/04/2023
Next Earnings (Estimated)
8/01/2023
Fiscal Year End
12/31/2023

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 Forecast
$17.82
High Stock Price Forecast
$27.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+63.6%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
23 Analysts

Profitability

Net Income
$56.04 million
Pretax Margin
3.33%

Debt

Sales & Book Value

Annual Sales
$1.74 billion
Cash Flow
$0.38 per share
Book Value
$2.88 per share

Miscellaneous

Free Float
174,386,000
Market Cap
$1.91 billion
Optionable
Optionable
Beta
1.89

Key Executives

  • Peter Faricy
    Chairman, President & Chief Executive Officer
  • Jennifer Johnston
    Chief Operating Officer & Executive Vice President
  • Guthrie Dundas
    Chief Financial Officer
  • Josh Koppelman
    Chief Technology Officer & Executive VP
  • June Sauvaget
    Chief Marketing Officer & Executive Vice President













SPWR Stock - Frequently Asked Questions

Should I buy or sell SunPower stock right now?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last twelve months. There are currently 2 sell ratings, 17 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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?

23 equities research analysts have issued twelve-month price objectives for SunPower's stock. Their SPWR share price forecasts range from $12.00 to $27.00. On average, they anticipate the company's stock price to reach $17.82 in the next twelve months. This suggests a possible upside of 63.6% 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 start of the year. Since then, SPWR shares have decreased by 39.6% and is now trading at $10.89.
View the best growth stocks for 2023 here
.

Are investors shorting SunPower?

SunPower saw a increase in short interest in May. As of May 15th, there was short interest totaling 13,400,000 shares, an increase of 17.1% from the April 30th total of 11,440,000 shares. Based on an average daily volume of 4,690,000 shares, the short-interest ratio is presently 2.9 days. Currently, 15.6% of the shares of the company are short sold.
View SunPower's Short Interest
.

When is SunPower's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our SPWR earnings forecast
.

How were SunPower's earnings last quarter?

SunPower Co. (NASDAQ:SPWR) announced its earnings results on Tuesday, August, 2nd. The semiconductor company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.05 by $0.02. The semiconductor company earned $417.80 million during the quarter, compared to analyst estimates of $364.47 million. SunPower had a trailing twelve-month return on equity of 3.12% and a net margin of 1.81%. The business's revenue was up 60.2% on a year-over-year basis. During the same period last year, the firm 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).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (8.91%), State Street Corp (1.96%), Geode Capital Management LLC (0.98%), First Trust Advisors LP (0.60%), Bank of New York Mellon Corp (0.48%) and DekaBank Deutsche Girozentrale (0.47%). 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 $10.89.

How much money does SunPower make?

SunPower (NASDAQ:SPWR) has a market capitalization of $1.91 billion and generates $1.74 billion in revenue each year. The semiconductor company earns $56.04 million in net income (profit) each year or $0.13 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 6/4/2023 by MarketBeat.com Staff

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