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.
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorOils/Energy
Phone408-240-5500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.73 billion
Profitability
Miscellaneous
Employees6,600
Next Earnings Date7/29/2019 (Estimated)
OptionableOptionable
SunPower (NASDAQ:SPWR) Frequently Asked Questions
What is SunPower's stock symbol?
SunPower trades on the NASDAQ under the ticker symbol "SPWR."
How were SunPower's earnings last quarter?
SunPower Co. (NASDAQ:SPWR) issued its earnings results on Thursday, May, 9th. The semiconductor company reported ($0.45) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.50) by $0.05. The semiconductor company earned $348.22 million during the quarter, compared to the consensus estimate of $387.93 million. SunPower had a negative return on equity of 83.67% and a negative net margin of 46.65%. The firm's revenue for the quarter was down 11.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.20) EPS. View SunPower's Earnings History.
When is SunPower's next earnings date?
What guidance has SunPower issued on next quarter's earnings?
SunPower updated its second quarter 2019 earnings guidance on Thursday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $420-460 million, compared to the consensus revenue estimate of $472 million.SunPower also updated its FY 2019 guidance to EPS.
What price target have analysts set for SPWR?
7 equities research analysts have issued 1-year target prices for SunPower's stock. Their forecasts range from $4.00 to $9.00. On average, they anticipate SunPower's stock price to reach $6.7857 in the next year. This suggests that the stock has a possible downside of 12.9%. View Analyst Price Targets for SunPower.
What is the consensus analysts' recommendation for SunPower?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 3 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SunPower.
Has SunPower been receiving favorable news coverage?
News articles about SPWR stock have been trending negative recently, InfoTrie reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SunPower earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.
Are investors shorting SunPower?
SunPower saw a decrease in short interest in April. As of April 30th, there was short interest totalling 19,640,385 shares, a decrease of 6.9% from the April 15th total of 21,088,460 shares. Based on an average trading volume of 1,272,840 shares, the days-to-cover ratio is currently 15.4 days. Currently, 31.5% of the shares of the company are sold short. View SunPower's Current Options Chain.
Who are some of SunPower's key competitors?
Some companies that are related to SunPower include Silicon Laboratories (SLAB), SUMCO CORP/ADR (SUOPY), Semtech (SMTC), Cabot Microelectronics (CCMP), Dialog Semiconductor (DLGNF), Viavi Solutions (VIAV), AU Optronics (AUO), Solaredge Technologies (SEDG), Finisar (FNSR), Cirrus Logic (CRUS), Power Integrations (POWI), Acacia Communications (ACIA), Inphi (IPHI), OSI Systems (OSIS) and Amkor Technology (AMKR).
What other stocks do shareholders of SunPower own?
Who are SunPower's key executives?
SunPower's management team includes the folowing 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)
Who are SunPower's major shareholders?
SunPower's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (0.58%), Northern Trust Corp (0.54%), California Public Employees Retirement System (0.52%), Rock Point Advisors LLC (0.52%), Charles Schwab Investment Management Inc. (0.25%) and Baker Avenue Asset Management LP (0.23%). Company insiders that own SunPower stock include Catherine A Lesjak, Kenneth Lawrence Mahaffey, Manavendra Sial, Patrick Wood III, Vidul Prakash and William P Mulligan III. View Institutional Ownership Trends for SunPower.
Which major investors are selling SunPower stock?
SPWR stock was sold by a variety of institutional investors in the last quarter, including Shelton Capital Management, Guinness Asset Management Ltd, First Trust Advisors LP, Guinness Atkinson Asset Management Inc, SEI Investments Co, ICM Asset Management Inc. WA, Rhumbline Advisers and Metropolitan Life Insurance Co NY. Company insiders that have sold SunPower company stock in the last year include Kenneth Lawrence Mahaffey, Manavendra Sial, Patrick Wood III, Vidul Prakash and William P Mulligan III. View Insider Buying and Selling for SunPower.
Which major investors are buying SunPower stock?
SPWR stock was bought by a variety of institutional investors in the last quarter, including IndexIQ Advisors LLC, Baker Avenue Asset Management LP, Jane Street Group LLC, Geode Capital Management LLC, OZ Management LP, California Public Employees Retirement System, Candriam Luxembourg S.C.A. and Charles Schwab Investment Management Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is SunPower's stock price today?
One share of SPWR stock can currently be purchased for approximately $7.79.
How big of a company is SunPower?
SunPower has a market capitalization of $1.11 billion and generates $1.73 billion in revenue each year. The semiconductor company earns $-811,090,000.00 in net income (profit) each year or ($0.88) on an earnings per share basis. SunPower employs 6,600 workers across the globe.
What is SunPower's official website?
How can I contact SunPower?
SunPower's mailing address is 77 RIO ROBLES, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-240-5500.
MarketBeat Community Rating for SunPower (NASDAQ SPWR)
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.
