SunPower Stock Forecast, Price & News

SunPower (NASDAQ:SPWR) Frequently Asked Questions

Is SunPower a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 4 sell ratings, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 top-rated stocks.

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. Since then, SPWR shares have increased by 292.3% and is now trading at $24.40.
View which stocks have been most impacted by COVID-19.

When is SunPower's next earnings date?

SunPower is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for SunPower.

How were SunPower's earnings last quarter?

SunPower Co. (NASDAQ:SPWR) issued its quarterly earnings data on Wednesday, November, 3rd. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.01 by $0.05. The semiconductor company earned $323.64 million during the quarter, compared to analyst estimates of $325.52 million. SunPower had a net margin of 27.71% and a trailing twelve-month return on equity of 8.15%. During the same period last year, the firm earned ($0.06) earnings per share.
View SunPower's earnings history.

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

SunPower issued an update on its FY 2021 earnings guidance on Wednesday, November, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.41 billion-$1.49 billion, compared to the consensus revenue estimate of $1.42 billion.

What price target have analysts set for SPWR?

13 brokers have issued 12-month price targets for SunPower's shares. Their forecasts range from $20.00 to $49.00. On average, they anticipate SunPower's stock price to reach $26.62 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price.
View analysts' price targets for SunPower or view top-rated stocks among Wall Street analysts.

Who are SunPower's key executives?

SunPower's management team includes the following people:

• Peter Faricy, Chairman, President & Chief Executive Officer
• Manavendra S. Sial, Chief Financial Officer & Executive Vice President (LinkedIn Profile)
• Regan J. MacPherson, Chief Legal Officer & Executive Vice President
• Vichheka Heang, Chief Accounting Officer, VP & Controller (LinkedIn Profile)
• Douglas J. Richards, Executive Vice President-Administration

What is Tom Werner's approval rating as SunPower's CEO?

197 employees have rated SunPower CEO Tom Werner on Glassdoor.com. Tom Werner has an approval rating of 79% among SunPower's employees.

Who are some of SunPower's key competitors?

Some companies that are related to SunPower include NVIDIA (NVDA), Broadcom (AVGO), Intel (INTC), Texas Instruments (TXN), Micron Technology (MU), Marvell Technology (MRVL), Analog Devices (ADI), Xilinx (XLNX), Microchip Technology (MCHP), Skyworks Solutions (SWKS), Monolithic Power Systems (MPWR), First Solar (FSLR), Lattice Semiconductor (LSCC), Silicon Laboratories (SLAB) and Ambarella (AMBA).
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 Walt Disney (DIS).

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 Invesco Ltd. (2.95%), Geode Capital Management LLC (0.84%), Point72 Asset Management L.P. (0.56%), Wolverine Asset Management LLC (0.00%), Citadel Advisors LLC (0.00%) and Two Sigma Advisers LP (0.30%). Company insiders that own SunPower stock include Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, SA Total, Thomas H Werner, Vichheka Heang and Vichheka Heang.
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 Millennium Management LLC, MUFG Securities EMEA plc, Credit Suisse AG, Voya Investment Management LLC, Cinctive Capital Management LP, Luminus Management LLC, UBS Group AG, and Citadel Advisors LLC. 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 or view top insider-selling stocks.

Which institutional investors are buying SunPower stock?

SPWR stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Two Sigma Advisers LP, Invesco Ltd., Squarepoint Ops LLC, Barclays PLC, Achmea Investment Management B.V., Graham Capital Management L.P., and Allianz Asset Management GmbH.
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.
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What is SunPower's stock price today?

One share of SPWR stock can currently be purchased for approximately $24.40.

How much money does SunPower make?

SunPower has a market capitalization of $4.22 billion and generates $1.12 billion in revenue each year. The semiconductor company earns $475.05 million in net income (profit) each year or $1.70 on an earnings per share basis.

How many employees does SunPower have?

SunPower employs 2,200 workers across the globe.

What is SunPower's official website?

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

Where are SunPower's headquarters?

SunPower is headquartered at 51 RIO ROBLES, SAN JOSE CA, 95134.

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, via email at [email protected], or via fax at 302-655-5049.