NASDAQ:SPWR - SunPower Stock Price, News, & Analysis

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$7.78 +0.05 (+0.65 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$7.73
Today's Range$7.73 - $7.92
52-Week Range$4.55 - $8.99
Volume1.09 million shs
Average Volume1.75 million shs
Market Capitalization$1.11 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.32
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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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$0.0239 per share
Book Value($1.56) per share

Profitability

Net Income$-811,090,000.00

Miscellaneous

Employees6,600
Market Cap$1.11 billion
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) released its earnings results on Thursday, May, 9th. The semiconductor company reported ($0.45) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.50) by $0.05. The semiconductor company had revenue of $348.22 million for the quarter, compared to analyst estimates of $387.93 million. SunPower had a negative return on equity of 83.67% and a negative net margin of 46.65%. SunPower's quarterly revenue was down 11.1% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.20) EPS. View SunPower's Earnings History.

When is SunPower's next earnings date?

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

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 earnings per share (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?

6 brokerages have issued 1 year target prices for SunPower's stock. Their predictions range from $4.00 to $9.00. On average, they anticipate SunPower's share price to reach $6.5833 in the next year. This suggests that the stock has a possible downside of 15.4%. View Analyst Price Targets for SunPower.

What is the consensus analysts' recommendation for SunPower?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 3 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SunPower.

Has SunPower been receiving favorable news coverage?

Media stories about SPWR stock have trended positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SunPower earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.

Are investors shorting SunPower?

SunPower saw a drop in short interest in April. As of April 30th, there was short interest totalling 19,640,385 shares, a drop of 6.9% from the April 15th total of 21,088,460 shares. Based on an average daily trading volume, of 1,272,840 shares, the short-interest ratio is currently 15.4 days. Currently, 31.5% of the company's shares 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 Micron Technology (MU), First Solar (FSLR), Tesla (TSLA), Intel (INTC), Netflix (NFLX), Gilead Sciences (GILD), Alibaba Group (BABA), Broadcom (AVGO), NVIDIA (NVDA) and QUALCOMM (qcom).

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 institutional and retail investors. Top institutional investors 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 $7.78.

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?

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:  510 (Vote Outperform)
Underperform Votes:  486 (Vote Underperform)
Total Votes:  996
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 5/25/2019 by MarketBeat.com Staff

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