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S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Fed's Shocking New Plan to Control Your Money (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Fed's Shocking New Plan to Control Your Money (Ad)
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Fed's Shocking New Plan to Control Your Money (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Fed's Shocking New Plan to Control Your Money (Ad)
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Fed's Shocking New Plan to Control Your Money (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Fed's Shocking New Plan to Control Your Money (Ad)
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
NASDAQ:SPWR

SunPower - SPWR Stock Forecast, Price & News

$12.39
-0.02 (-0.16%)
(As of 03/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$12.16
$12.72
50-Day Range
$12.37
$18.75
52-Week Range
$12.15
$28.42
Volume
3.04 million shs
Average Volume
4.42 million shs
Market Capitalization
$2.17 billion
P/E Ratio
47.65
Dividend Yield
N/A
Price Target
$19.85

SunPower MarketRank™ Forecast

Analyst Rating
Hold
2.04 Rating Score
Upside/​Downside
60.2% Upside
$19.85 Price Target
Short Interest
Healthy
14.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.01
Upright™ Environmental Score
News Sentiment
0.43mentions of SunPower in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$99,675 Bought Last Quarter
Proj. Earnings Growth
137.50%
From $0.24 to $0.57 Per Share

Overall MarketRank

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

2.99 out of 5 stars

Oils/Energy Sector

46th out of 242 stocks

Semiconductors & Related Devices Industry

10th 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. It operates through the Dev Co. and Power Co. segments. The Dev Co. segment refers to the solar origination and installation revenue stream as sale of solar power systems. The Power Co. segment deals with the post system sale and recurring services revenue. The company was founded by Thomas L. Dinwoodie, Robert Lorenzini and Richard M. Swanson in April 1985 and is headquartered in San Jose, CA.

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SPWR Stock News Headlines

SunPower (NASDAQ:SPWR) Raised to Hold at StockNews.com
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Q4 2022 Maxeon Solar Technologies Ltd Earnings Call
SunPower files to delay 10-K report
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
SunPower Corporation: Growth Surges
SunPower (SPWR) Q4 Earnings Beat Estimates
SunPower Helps Renters Take Advantage of Solar Energy
1 Growth Stock Down 84% to Buy Right Now
SolarEdge (SEDG) Commences Shipping of New Battery Cells
Biden's climate agenda has a problem: Not enough workers
SunPower: Don't Buy The Hype, It's Still Overvalued
See More Headlines
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SPWR Company Calendar

Last Earnings
8/02/2022
Today
3/27/2023
Next Earnings (Estimated)
5/04/2023
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
$19.85
High Stock Price Forecast
$27.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+60.2%
Consensus Rating
Hold
Rating Score (0-4)
2.04
Research Coverage
24 Analysts

Profitability

Net Income
$56.04 million
Pretax Margin
5.55%

Debt

Sales & Book Value

Annual Sales
$1.74 billion
Cash Flow
$0.38 per share
Book Value
$3.30 per share

Miscellaneous

Free Float
173,688,000
Market Cap
$2.17 billion
Optionable
Optionable
Beta
1.87

Key Executives

  • Peter Faricy
    Chairman, President & Chief Executive Officer
  • Derek Kuzak
    Executive Vice President-Operations
  • Guthrie Dundas
    CFO, Treasurer & Vice President-Project Finance
  • 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?

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 4 sell ratings, 15 hold ratings and 5 buy ratings 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?

24 brokerages have issued 1-year price targets for SunPower's stock. Their SPWR share price forecasts range from $14.00 to $27.00. On average, they anticipate the company's share price to reach $19.85 in the next year. This suggests a possible upside of 60.2% 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 31.3% and is now trading at $12.39.
View the best growth stocks for 2023 here
.

Are investors shorting SunPower?

SunPower saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 12,160,000 shares, a decline of 23.0% from the February 28th total of 15,790,000 shares. Based on an average daily trading volume, of 4,240,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 14.3% of the shares of the 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 Thursday, May 4th 2023.
View our SPWR earnings forecast
.

How were SunPower's earnings last quarter?

SunPower Co. (NASDAQ:SPWR) released its earnings results on Tuesday, August, 2nd. The semiconductor company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.02. The semiconductor company had revenue of $417.80 million for the quarter, compared to analyst estimates of $364.47 million. SunPower had a net margin of 3.22% and a trailing twelve-month return on equity of 7.10%. The firm's quarterly revenue was up 60.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.01 EPS.

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 many different institutional and retail investors. Top institutional shareholders include Millennium Management LLC (2.70%), Geode Capital Management LLC (0.94%), Credit Suisse AG (0.73%), First Trust Advisors LP (0.63%), Parallax Volatility Advisers L.P. (0.00%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Douglas J Richards, Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, Peter Faricy, SA Total, 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 $12.39.

How much money does SunPower make?

SunPower (NASDAQ:SPWR) has a market capitalization of $2.17 billion and generates $1.74 billion in revenue each year. The semiconductor company earns $56.04 million in net income (profit) each year or $0.26 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 3/28/2023 by MarketBeat.com Staff