SunPower Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last twelve months. There are currently 4 sell ratings, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SunPower stock. 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 analyst ratings for SunPower or view top-rated stocks.

Wall Street analysts have given SunPower a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but SunPower wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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SunPower is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for SunPower.

SunPower will be holding an earnings conference call on Tuesday, August 3rd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

SunPower Co. (NASDAQ:SPWR) released its quarterly earnings data on Wednesday, May, 5th. The semiconductor company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.03. The semiconductor company earned $306.40 million during the quarter, compared to analysts' expectations of $310.15 million. SunPower had a negative trailing twelve-month return on equity of 14.10% and a net margin of 33.55%. The company's revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.10) earnings per share.
View SunPower's earnings history.

SunPower's stock was trading at $6.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SPWR shares have increased by 271.5% and is now trading at $23.11.
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SunPower issued an update on its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $1.52 billion-$1.52 billion, compared to the consensus revenue estimate of $1.51 billion.

13 brokers have issued 12 month target prices for SunPower's stock. Their forecasts range from $11.00 to $49.00. On average, they expect SunPower's share price to reach $25.27 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
View analysts' price targets for SunPower or view top-rated stocks among Wall Street analysts.

197 employees have rated SunPower CEO Tom Werner on Glassdoor.com. Tom Werner has an approval rating of 79% among SunPower's employees.

Some companies that are related to SunPower include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Marvell Technology (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR) and Lattice Semiconductor (LSCC).
View all of SPWR's competitors.

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 The Walt Disney (DIS).

SunPower trades on the NASDAQ under the ticker symbol "SPWR."

SunPower's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Harel Insurance Investments & Financial Services Ltd. (0.02%) and North Star Investment Management Corp. (0.02%). Company insiders that own SunPower stock include Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, SA Total, Thomas H Werner and Vichheka Heang.
View institutional ownership trends for SunPower.

SPWR stock was sold by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd.. Company insiders that have sold SunPower company stock in the last year include Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, Thomas H Werner, and Vichheka Heang.
View insider buying and selling activity for SunPower or view top insider-selling stocks.

SPWR stock was acquired by a variety of institutional investors in the last quarter, including North Star Investment Management Corp..
View insider buying and selling activity for SunPower or or view top insider-buying stocks.

Shares of SPWR 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.
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One share of SPWR stock can currently be purchased for approximately $23.11.

SunPower has a market capitalization of $3.99 billion and generates $1.12 billion in revenue each year. The semiconductor company earns $475.05 million in net income (profit) each year or ($0.17) on an earnings per share basis.

SunPower employs 2,200 workers across the globe.

The official website for SunPower is www.sunpowercorp.com.

SunPower is headquartered at 51 RIO ROBLES, SAN JOSE CA, 95134.

SunPower's mailing address is 51 RIO ROBLES, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at (408) 240-5500 or via email at [email protected]