Lowest-Rated StocksLowest-RatedNASDAQ:SPWR SunPower (SPWR) Stock Price, News & Analysis → Never use this word on your phone (FBI could be watching) (From Paradigm Press) (Ad) Free SPWR Stock Alerts $2.34 +0.16 (+7.34%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$2.24▼$2.4450-Day Range$1.88▼$3.2852-Week Range$1.76▼$12.18Volume4.65 million shsAverage Volume5.18 million shsMarket Capitalization$410.34 millionP/E RatioN/ADividend YieldN/APrice Target$4.72 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get SunPower alerts: Email Address SunPower MarketRank™ Stock AnalysisAnalyst RatingReduce1.53 Rating ScoreUpside/Downside101.9% Upside$4.72 Price TargetShort InterestBearish76.55% of Float Sold ShortDividend StrengthN/ASustainability0.03Upright™ Environmental ScoreNews Sentiment0.10Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.74) to ($0.37) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.96 out of 5 starsOils/Energy Sector450th out of 1,427 stocksSemiconductors & Related Devices Industry163rd out of 540 stocks 3.8 Analyst's Opinion Consensus RatingSunPower has received a consensus rating of Reduce. The company's average rating score is 1.53, and is based on no buy ratings, 10 hold ratings, and 9 sell ratings.Amount of Analyst CoverageSunPower has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted76.55% of the float of SunPower has been sold short.Short Interest Ratio / Days to CoverSunPower has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in SunPower has recently decreased by 0.10%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldSunPower does not currently pay a dividend.Dividend GrowthSunPower does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSunPower has received a 66.23% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Solar panels", "Installation services of solar panels", and "Construction of solar power plants" products. See details.Environmental SustainabilityThe Environmental Impact score for SunPower is 0.03. Previous Next 2.3 News and Social Media Coverage News SentimentSunPower has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for SunPower this week, compared to 8 articles on an average week.Search Interest22 people have searched for SPWR on MarketBeat in the last 30 days. This is an increase of 5% compared to the previous 30 days.MarketBeat Follows12 people have added SunPower to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SunPower insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.28% of the stock of SunPower is held by insiders.Percentage Held by Institutions47.36% of the stock of SunPower is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SunPower are expected to grow in the coming year, from ($0.74) to ($0.37) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SunPower is -1.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of SunPower is -1.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSunPower has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressNever use this word on your phone (FBI could be watching)This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...Watch my unredacted video about what I think is coming next right here About SunPower Stock (NASDAQ:SPWR)SunPower Corporation, a solar technology and energy services provider, offers solar, storage, and home energy solutions primarily in the United States and Canada. Its solutions include the Equinox and SunVault systems which are pre-engineered modular solutions for residential applications that combine solar module technology with integrated plug-and-play power stations, cable management systems, and mounting hardware that enable dealers and installers to complete system installations, as well as for end customers to manage their energy production. The company also provides post-installation monitoring and maintenance services. It serves residential customers, including individual homeowners and new home builders. The company was incorporated in 1985 and is headquartered in Richmond, California. SunPower Corporation operates as a subsidiary of TotalEnergies SE.Read More SPWR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPWR Stock News HeadlinesMay 3, 2024 | americanbankingnews.comSunPower Co. (NASDAQ:SPWR) Receives Average Rating of "Reduce" from AnalystsMay 1, 2024 | fool.comSunPower Stock Is Down 55% This Year. Is It a Buy?May 4, 2024 | Paradigm Press (Ad)Never use this word on your phone (FBI could be watching)This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...May 1, 2024 | americanbankingnews.comSunPower (NASDAQ:SPWR) PT Lowered to $4.00April 27, 2024 | benzinga.comPeering Into SunPower's Recent Short InterestApril 26, 2024 | msn.comSunPower details Bay Area job cuts, will slash more than 100 jobs in regionApril 26, 2024 | msn.comSolar firm SunPower to cut jobs, wind down most of residential direct salesApril 24, 2024 | investing.comSolar firm SunPower to cut jobs, shut business segmentsMay 4, 2024 | Paradigm Press (Ad)Never use this word on your phone (FBI could be watching)This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...April 24, 2024 | oilprice.comSunPower To Cut Jobs After its Stock Gets HammeredApril 24, 2024 | msn.comSunPower to cut jobs, shut business segments in restructuring planApril 24, 2024 | finance.yahoo.comSunPower to Cut Almost One-Third of WorkforceApril 24, 2024 | investorplace.comSunPower Layoffs 2024: What to Know About the Latest SPWR Job CutsApril 24, 2024 | reuters.comSolar company SunPower to reduce workforce, shut business segmentsApril 24, 2024 | americanbankingnews.comSunPower (NASDAQ:SPWR) Lowered to "Inline" at Evercore ISIApril 23, 2024 | msn.comEvercore ISI Group Downgrades SunPower (SPWR)April 23, 2024 | ca.investing.comChallenges Mount for SunPower Amid Earnings RestatementApril 23, 2024 | za.investing.comSunPower discloses plans to restate some earningsApril 23, 2024 | msn.comFirst Solar upgraded, SunPower downgraded at Evercore ISIApril 23, 2024 | msn.comSunPower plunges after disclosing plans to restate earningsApril 23, 2024 | finance.yahoo.comSunPower Slides After Disclosing Plans to Restate EarningsApril 23, 2024 | finance.yahoo.comSolar company SunPower flags issues with 2022 financial reportingApril 23, 2024 | reuters.comSolar company Sunpower flags issues with financial reportingApril 16, 2024 | investorplace.com5 Stocks to Sell ImmediatelyApril 9, 2024 | fool.com1 Wall Street Analyst Cuts SunPower's Price Target by 33%. Here's Why He's Right (and Wrong)April 3, 2024 | markets.businessinsider.com3 Stocks With the Highest Short Interest Headed Into AprilMarch 22, 2024 | finanznachrichten.deSunPower Corp.: SunPower Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-KSee More Headlines Receive SPWR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SunPower and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/15/2024Today5/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Semiconductors & related devices Sub-IndustrySemiconductors Current SymbolNASDAQ:SPWR Previous SymbolNASDAQ:SPWRA CUSIP86765240 CIK867773 Webwww.sunpowercorp.com Phone(408) 240-5500Fax302-655-5049Employees3,480Year FoundedN/APrice Target and Rating Average Stock Price Target$4.72 High Stock Price Target$12.00 Low Stock Price Target$2.50 Potential Upside/Downside+101.9%Consensus RatingReduce Rating Score (0-4)1.53 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)($1.37) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-247,110,000.00 Net Margins-14.15% Pretax Margin-13.61% Return on Equity-40.95% Return on Assets-11.70% Debt Debt-to-Equity RatioN/A Current Ratio0.94 Quick Ratio0.64 Sales & Book Value Annual Sales$1.69 billion Price / Sales0.24 Cash FlowN/A Price / Cash FlowN/A Book Value$1.75 per share Price / Book1.34Miscellaneous Outstanding Shares175,360,000Free Float174,870,000Market Cap$410.34 million OptionableOptionable Beta1.80 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Thomas H. Werner (Age 64)Executive Chairman & Principal Executive Officer Comp: $2.04MMs. Elizabeth Eby (Age 59)Principal Accounting Officer, Executive VP & CFO Ms. Jennifer JohnstonExecutive VP & COOMr. Josh KoppelmanExecutive VP & CTOMr. Michael WeinsteinVice President of Investor RelationsMs. Eileen EvansExecutive VP, Chief Legal Officer & Corporate SecretaryMr. Jim DaweGlobal Vice President of Sales & MarketingMs. Joanne EndowHead of ESGMr. Tony GarzoliniExecutive VP & Chief Revenue OfficerMore ExecutivesKey CompetitorsEmeren GroupNYSE:SOLMaxeon Solar TechnologiesNASDAQ:MAXNCanadian SolarNASDAQ:CSIQJinkoSolarNYSE:JKSShoals Technologies GroupNASDAQ:SHLSView All CompetitorsInstitutional OwnershipMirae Asset Global Investments Co. Ltd.Bought 39,542 shares on 5/1/2024Ownership: 0.122%BNP Paribas Financial MarketsBought 1,050 shares on 5/1/2024Ownership: 0.000%Harel Insurance Investments & Financial Services Ltd.Sold 6,082 shares on 4/30/2024Ownership: 0.042%New Mexico Educational Retirement BoardBought 17,100 shares on 4/23/2024Ownership: 0.010%First Trust Direct Indexing L.P.Bought 15,323 shares on 4/19/2024Ownership: 0.009%View All Institutional Transactions SPWR Stock Analysis - Frequently Asked Questions Should I buy or sell SunPower stock right now? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 9 sell ratings and 10 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SPWR shares. View SPWR analyst ratings or view top-rated stocks. What is SunPower's stock price target for 2024? 19 brokerages have issued 12-month price objectives for SunPower's shares. Their SPWR share price targets range from $2.50 to $12.00. On average, they expect the company's stock price to reach $4.72 in the next twelve months. This suggests a possible upside of 101.9% from the stock's current price. View analysts price targets for SPWR or view top-rated stocks among Wall Street analysts. How have SPWR shares performed in 2024? SunPower's stock was trading at $4.83 at the beginning of 2024. Since then, SPWR shares have decreased by 51.6% and is now trading at $2.34. View the best growth stocks for 2024 here. When is SunPower's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our SPWR earnings forecast. How were SunPower's earnings last quarter? SunPower Co. (NASDAQ:SPWR) issued its quarterly earnings data on Thursday, February, 15th. The semiconductor company reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by $0.24. The semiconductor company earned $356.91 million during the quarter, compared to the consensus estimate of $364.58 million. SunPower had a negative trailing twelve-month return on equity of 40.95% and a negative net margin of 14.15%. What ETFs hold SunPower's stock? ETFs with the largest weight of SunPower (NASDAQ:SPWR) stock in their portfolio include Subversive Decarbonization ETF (DKRB), ProShares S&P Kensho Cleantech ETF (CTEX), SoFi Smart Energy ETF (SHFT), SoFi Smart Energy ETF (ENRG), Parabla Innovation ETF (LZRD), SPDR S&P Kensho Clean Power ETF (CNRG), Global X Clean Tech ETF (CTEC) and Invesco Solar ETF (TAN). What is Tom Werner's approval rating as SunPower's CEO? 197 employees have rated SunPower Chief Executive Officer Tom Werner on Glassdoor.com. Tom Werner has an approval rating of 79% among the company's employees. 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). Who are SunPower's major shareholders? SunPower's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.12%), Green Alpha Advisors LLC (0.09%), Harel Insurance Investments & Financial Services Ltd. (0.04%), Counterpoint Mutual Funds LLC (0.04%), Banque Cantonale Vaudoise (0.03%) and New Mexico Educational Retirement Board (0.01%). Insiders that own company stock include Douglas J Richards, Manavendra Sial, Peter Faricy and Vichheka Heang. View institutional ownership trends. How do I buy shares of SunPower? Shares of SPWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SPWR) was last updated on 5/4/2024 by MarketBeat.com Staff From Our PartnersCould Your Accounts Be Frozen?Allegiance GoldAutomatic Income (from home)Awesomely, LLCUrgent Nvidia WarningAltimetryForget Nvidia. This is the future of AIPorter & CompanyHave You Seen Elon’s New A.I. Device? (Picture Inside)InvestorPlaceThe asset beating inflation by 4xColonial MetalsDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SunPower Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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