NASDAQ:SPWR

SunPower Stock Forecast, Price & News

Followed 130 Times

$43.78

+6.41 (+17.15 %)

(As of 01/21/2021 05:03 PM ET)

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Today's Range

$37.15

Now: $43.78▼

$44.55

50-Day Range

$20.69

MA: $26.70▼

$36.85

52-Week Range

$4.03

Now: $43.78▼

$44.55

Volume18.86 million shs

Average Volume10.91 million shs

Market Capitalization$7.45 billion

P/E Ratio118.32

Dividend YieldN/A

Beta2.47

SunPower Corporation delivers solar solutions worldwide. It operates through SunPower Energy Services and SunPower Technologies segments. The company provides solar power components, including panels and system components, primarily to dealers, system integrators, and distributors. It also offers commercial rooftop and ground-mounted solar power systems, and residential mounting systems. In addition, the company provides post-installation operations and maintenance services. Further, it leases and sells solar power systems to residential customers; and sells inverters manufactured by third parties. The company also serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners. The company was founded in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of Total Energies Nouvelles ActivitÃ©s USA, SAS.

MarketRank^™

Overall MarketRank^™

1.20 out of 5 stars

Oils/Energy Sector

203rd out of 669 stocks

Semiconductors & Related Devices Industry

77th out of 147 stocks

2.0 Analyst's Opinion

Consensus Rating
SunPower has received a consensus rating of Hold. The company's average rating score is 2.07, and is based on 3 buy ratings, 9 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.33, SunPower has a forecasted downside of 51.3% from its current price of $43.78.
Amount of Analyst Coverage
SunPower has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
SunPower has received 617 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
SunPower has received 622 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
SunPower has received 50.20% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about SunPower and other stocks. Vote “Outperform” if you believe SPWR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SPWR will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
SunPower does not currently pay a dividend.
Dividend Growth
SunPower does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SunPower insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,330,702.00 in company stock.
Percentage Held by Insiders
Only 1.11% of the stock of SunPower is held by insiders.
Percentage Held by Institutions
45.92% of the stock of SunPower is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for SunPower are expected to grow in the coming year, from ($0.34) to $0.24 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SunPower is 118.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of SunPower is 118.32, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 28.16.
Price to Book Value per Share Ratio
SunPower has a P/B Ratio of 336.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustrySemiconductors

SectorOils/Energy

Current SymbolNASDAQ:SPWR

Previous SymbolNASDAQ:SPWRA

CUSIP86765240

CIK867773

Webwww.sunpowercorp.com

Phone408-240-5500

Employees8,400

Debt

Debt-to-Equity Ratio12.46

Current Ratio1.14

Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio118.32

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.86 billion

Price / Sales4.00

Cash Flow$0.09 per share

Price / Cash Flow483.03

Book Value$0.13 per share

Price / Book336.77

Profitability

EPS (Most Recent Fiscal Year)($0.47)

Net Income$22.16 million

Net Margins4.05%

Return on Equity-256.87%

Return on Assets-2.58%

Miscellaneous

Outstanding Shares170,160,000

Market Cap$7.45 billion

Next Earnings Date2/10/2021 (Estimated)

OptionableOptionable

$43.78

+6.41 (+17.15 %)

(As of 01/21/2021 05:03 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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SunPower (NASDAQ:SPWR) Frequently Asked Questions

How has SunPower's stock been impacted by COVID-19?

SunPower's stock was trading at $6.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SPWR stock has increased by 594.9% and is now trading at $43.22.
View which stocks have been most impacted by COVID-19.

Is SunPower a buy right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than SunPower?

Wall Street analysts have given SunPower a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SunPower wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as SunPower's CEO?

1,448 employees have rated SunPower CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among SunPower's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is SunPower's next earnings date?

SunPower is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for SunPower.

How were SunPower's earnings last quarter?

SunPower Co. (NASDAQ:SPWR) announced its quarterly earnings data on Wednesday, October, 28th. The semiconductor company reported ($0.04) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.14) by $0.10. The semiconductor company had revenue of $274.81 million for the quarter, compared to analyst estimates of $232.86 million. SunPower had a net margin of 4.05% and a negative return on equity of 256.87%.
View SunPower's earnings history.

What guidance has SunPower issued on next quarter's earnings?

SunPower issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, October, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.12-1.16 billion, compared to the consensus revenue estimate of $1.39 billion.

What price target have analysts set for SPWR?

14 Wall Street analysts have issued 1-year target prices for SunPower's stock. Their forecasts range from $9.00 to $35.00. On average, they anticipate SunPower's share price to reach $21.33 in the next twelve months. This suggests that the stock has a possible downside of 50.6%.
View analysts' price targets for SunPower or view Wall Street analyst' top-rated stocks.

Who are some of SunPower's key competitors?

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

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 The Walt Disney (DIS).

Who are SunPower's key executives?

SunPower's management team includes the following people:

Mr. Thomas H. Werner, Chairman, Pres & CEO (Age 61, Pay $1.49M)
Mr. Manavendra S. Sial, Exec. VP & CFO (Age 44, Pay $863.39k)
Mr. Kenneth Lawrence Mahaffey, Exec. VP, Gen. Counsel, Chief Ethics & Compliance Officer and Corp. Sec. (Age 52, Pay $515.84k)
Mr. Douglas J. Richards, Exec. VP & Chief People Officer (Age 62, Pay $605.06k)
Ms. Vichheka Heang, VP, Corp. Controller & Principal Accounting Officer (Age 41)
Mr. Bob Okunski, VP of Investor Relations
Jim Dawe, Global VP of Sales & Marketing
Mr. Bobby S. Ram, Managing Director of Specialty Products
Mr. Norman P. Taffe, Exec. VP of NA Residential & Commercial Channels (Age 55)
Mr. Eric Potts, Sr. VP of Commercial Americas

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 variety of institutional and retail investors. Top institutional shareholders include Beacon Harbor Wealth Advisors Inc. (0.10%), DAVENPORT & Co LLC (0.01%) and Sowell Financial Services LLC (0.00%). Company insiders that own SunPower stock include Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, Patrick Wood III, SA Total, Thomas H Werner and Vichheka Heang.
View institutional ownership trends for SunPower.

Which institutional investors are buying SunPower stock?

SPWR stock was bought by a variety of institutional investors in the last quarter, including Beacon Harbor Wealth Advisors Inc., DAVENPORT & Co LLC, and Sowell Financial Services LLC.
View insider buying and selling activity for SunPower or or view top insider-buying stocks.

How do I buy shares of SunPower?

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.

What is SunPower's stock price today?

One share of SPWR stock can currently be purchased for approximately $43.22.

How big of a company is SunPower?

SunPower has a market capitalization of $7.35 billion and generates $1.86 billion in revenue each year. The semiconductor company earns $22.16 million in net income (profit) each year or ($0.47) on an earnings per share basis. SunPower employs 8,400 workers across the globe.

What is SunPower's official website?

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

How can I contact SunPower?

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]

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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