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NASDAQ:SPWR

SunPower Stock Forecast, Price & News

$10.66
+0.52 (+5.13 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$10.03
Now: $10.66
$10.75
50-Day Range
$9.89
MA: $11.27
$13.62
52-Week Range
$4.03
Now: $10.66
$14.45
Volume3.81 million shs
Average Volume4.36 million shs
Market Capitalization$1.81 billion
P/E Ratio533.27
Dividend YieldN/A
Beta2.35
SunPower Corporation researches, develops, manufactures, and delivers solar solutions worldwide. It operates through three segments: Residential, Commercial, and Power Plant. 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 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 incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of Total Solar International SAS.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.24 out of 5 stars


Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
Current SymbolNASDAQ:SPWR
Previous SymbolNASDAQ:SPWRA
CUSIP86765240
Phone408-240-5500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.86 billion
Cash Flow$0.07 per share
Book Value$0.13 per share

Profitability

Net Income$22.16 million

Miscellaneous

Employees8,400
Market Cap$1.81 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$10.66
+0.52 (+5.13 %)
(As of 09/25/2020 12:00 AM 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 (Coronavirus)?

SunPower's stock was trading at $6.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SPWR shares have increased by 71.4% and is now trading at $10.66.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of SunPower?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 1 sell rating, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for SunPower
.

When is SunPower's next earnings date?

SunPower is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for SunPower
.

How were SunPower's earnings last quarter?

SunPower Co. (NASDAQ:SPWR) released its earnings results on Wednesday, August, 5th. The semiconductor company reported ($0.22) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.48) by $0.26. The semiconductor company earned $352.91 million during the quarter, compared to analyst estimates of $314.85 million.
View SunPower's earnings history
.

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

SunPower updated its fourth quarter 2020 Pre-Market earnings guidance on Thursday, September, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $330-370 million, compared to the consensus revenue estimate of $356.12 million.

What price target have analysts set for SPWR?

12 brokerages have issued 1-year price objectives for SunPower's stock. Their forecasts range from $5.00 to $14.00. On average, they expect SunPower's stock price to reach $9.59 in the next year. This suggests that the stock has a possible downside of 10.0%.
View analysts' price targets for SunPower
.

Are investors shorting SunPower?

SunPower saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 33,320,000 shares, an increase of 11.6% from the August 31st total of 29,850,000 shares. Based on an average daily volume of 5,000,000 shares, the short-interest ratio is currently 6.7 days. Approximately 361.0% of the company's stock are sold short.
View SunPower's Short Interest
.

Who are some of SunPower's key 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), Micron Technology (MU), Advanced Micro Devices (AMD), First Solar (FSLR), NVIDIA (NVDA), Netflix (NFLX), Intel (INTC), Cisco Systems (CSCO), Walt Disney (DIS) and QUALCOMM (QCOM).

Who are SunPower's key executives?

SunPower's management team includes the following people:
  • Mr. Thomas H. Werner, Chairman & CEO (Age 59)
  • Mr. Manavendra S. Sial, Exec. VP & CFO (Age 42)
  • Mr. Douglas J. Richards, Exec. VP of Admin. (Age 60)
  • Mr. Kenneth Lawrence Mahaffey, Exec. VP, Gen. Counsel, Chief Ethics & Compliance Officer and Corp. Sec. (Age 50)
  • Dr. William P. Mulligan III, Technical & Management Consultant (Age 58)

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.76%), Federated Hermes Inc. (1.84%), Hennessy Advisors Inc. (0.54%), Point72 Asset Management L.P. (0.49%), Two Sigma Advisers LP (0.42%) and PDT Partners LLC (0.33%). Company insiders that own SunPower stock include Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, Patrick Wood III, SA Total, Thomas H Werner, Vichheka Heang, Vidul Prakash and William P Mulligan III.
View institutional ownership trends for SunPower
.

Which institutional investors are selling SunPower stock?

SPWR stock was sold by a variety of institutional investors in the last quarter, including Psagot Investment House Ltd., Vanguard Group Inc., Goldman Sachs Group Inc., AQR Capital Management LLC, PDT Partners LLC, Two Sigma Advisers LP, Canal Insurance CO, and Hennessy Advisors Inc.. 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
.

Which institutional investors are buying SunPower stock?

SPWR stock was acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Federated Hermes Inc., Mark Asset Management LP, Baird Financial Group Inc., First Trust Advisors LP, tru Independence LLC, Tudor Investment Corp Et Al, and Schonfeld Strategic Advisors LLC.
View insider buying and selling activity for SunPower
.

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 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 $10.66.

How big of a company is SunPower?

SunPower has a market capitalization of $1.81 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 9/26/2020 by MarketBeat.com Staff

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