SunPower Stock Price, News & Analysis (NASDAQ:SPWR)

$14.70
-0.39 (-2.58 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$14.60
Now: $14.70
$15.13
50-Day Range
$12.22
MA: $13.35
$15.30
52-Week Range
$4.55
Now: $14.70
$16.04
Volume2.19 million shs
Average Volume2.23 million shs
Market Capitalization$2.10 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.29
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.73 billion
Cash Flow$0.0245 per share
Book Value($1.06) per share

Profitability

Net Income$-811,090,000.00

Miscellaneous

Employees6,600
Market Cap$2.10 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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) announced its quarterly earnings results on Wednesday, July, 31st. The semiconductor company reported ($0.26) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.14) by $0.12. The semiconductor company earned $481.90 million during the quarter, compared to the consensus estimate of $444.23 million. SunPower had a negative net margin of 12.95% and a negative return on equity of 83.67%. The company's quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.01) EPS. View SunPower's Earnings History.

When is SunPower's next earnings date?

SunPower is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for SunPower.

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

SunPower updated its FY 2019 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.9-2.1 billion, compared to the consensus revenue estimate of $1.98 billion.

What price target have analysts set for SPWR?

8 brokerages have issued 1 year price targets for SunPower's shares. Their forecasts range from $6.00 to $11.00. On average, they anticipate SunPower's share price to reach $7.62 in the next twelve months. This suggests that the stock has a possible downside of 48.2%. View Analyst Price Targets for SunPower.

What is the consensus analysts' recommendation for SunPower?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 4 sell ratings, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SunPower.

Has SunPower been receiving favorable news coverage?

News headlines about SPWR stock have been trending somewhat negative on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. 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 coverage optimism score of -1.3 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for SunPower.

Are investors shorting SunPower?

SunPower saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 18,842,700 shares, an increase of 7.6% from the July 31st total of 17,514,300 shares. Based on an average daily volume of 2,990,000 shares, the short-interest ratio is currently 6.3 days. Currently, 30.1% of the shares of the company are short sold. View SunPower's Current Options Chain.

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 First Solar (FSLR), Micron Technology (MU), Tesla (TSLA), Intel (INTC), Advanced Micro Devices (AMD), Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), QUALCOMM (QCOM) and Broadcom (AVGO).

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 number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.45%), Impax Asset Management Group plc (2.53%), UBS Asset Management Americas Inc. (2.04%), Invesco Ltd. (1.64%), D. E. Shaw & Co. Inc. (0.77%) and Northern Trust Corp (0.55%). Company insiders that own SunPower stock include Catherine A Lesjak, Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, Patrick Wood III, Thomas H Werner, 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 UBS Asset Management Americas Inc., Quest Capital Management Inc. ADV, Impax Asset Management Group plc, Invesco Ltd., ICM Asset Management Inc. WA, California Public Employees Retirement System, Bank of America Corp DE and SG Americas Securities LLC. Company insiders that have sold SunPower company stock in the last year include Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, Patrick Wood III, Thomas H Werner, Vidul Prakash and William P Mulligan III. View Insider Buying and Selling for SunPower.

Which major investors are buying SunPower stock?

SPWR stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., D. E. Shaw & Co. Inc., Nuveen Asset Management LLC, A.R.T. Advisors LLC, Cubist Systematic Strategies LLC, Parametric Portfolio Associates LLC, Comerica Bank and Aperio Group LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is SunPower's stock price today?

One share of SPWR stock can currently be purchased for approximately $14.70.

How big of a company is SunPower?

SunPower has a market capitalization of $2.10 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.View Additional Information About SunPower.

What is SunPower's official website?

The official website for SunPower is http://www.sunpowercorp.com/.

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  545 (Vote Outperform)
Underperform Votes:  515 (Vote Underperform)
Total Votes:  1,060
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.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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