NASDAQ:SPWR SunPower - SPWR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $12.41 -0.19 (-1.51%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$12.19▼$12.6150-Day Range$12.37▼$18.7552-Week Range$12.19▼$28.42Volume3.05 million shsAverage Volume4.64 million shsMarket Capitalization$2.17 billionP/E Ratio47.73Dividend YieldN/APrice Target$19.85 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SunPower MarketRank™ ForecastAnalyst RatingHold2.04 Rating ScoreUpside/Downside59.9% Upside$19.85 Price TargetShort InterestHealthy18.59% of Float Sold ShortDividend StrengthN/ASustainability-0.01Upright™ Environmental ScoreNews Sentiment0.45Based on 3 Articles This WeekInsider TradingAcquiring Shares$99,675 Bought Last QuarterProj. Earnings Growth137.50%From $0.24 to $0.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.89 out of 5 starsOils/Energy Sector46th out of 243 stocksSemiconductors & Related Devices Industry7th out of 86 stocks 4.0 Analyst's Opinion Consensus RatingSunPower has received a consensus rating of Hold. The company's average rating score is 2.04, and is based on 5 buy ratings, 15 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.85, SunPower has a forecasted upside of 59.9% from its current price of $12.41.Amount of Analyst CoverageSunPower has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted18.59% of the float of SunPower has been sold short.Short Interest Ratio / Days to CoverSunPower has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in SunPower has recently decreased by 8.83%, indicating that investor sentiment is improving significantly. 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 4.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSunPower has received a 55.69% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Construction of solar power plants", "Operation of solar power plants", and "Solar panels" products. See details.Environmental SustainabilityThe Environmental Impact score for SunPower is -0.01. Previous Next 1.9 News and Social Media Coverage News SentimentSunPower has a news sentiment score of 0.45. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for SunPower this week, compared to 5 articles on an average week.Social Mentions This WeekMarketBeat has tracked 1 reddit mention for SunPower this week, compared to 0 mentions on an average week.Search InterestOnly 1 people have searched for SPWR on MarketBeat in the last 30 days. This is a decrease of -98% compared to the previous 30 days.MarketBeat Follows11 people have added SunPower to their MarketBeat watchlist in the last 30 days. This is an increase of 10% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SunPower insiders have bought more of their company's stock than they have sold. Specifically, they have bought $99,675.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.67% of the stock of SunPower is held by insiders.Percentage Held by InstitutionsOnly 36.07% of the stock of SunPower is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for SunPower are expected to grow by 137.50% in the coming year, from $0.24 to $0.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SunPower is 47.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.58.Price to Earnings Ratio vs. SectorThe P/E ratio of SunPower is 47.73, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 60.53.Price to Earnings Growth RatioSunPower has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSunPower has a P/B Ratio of 3.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SunPower (NASDAQ:SPWR) StockSunPower Corp. engages in the design, manufacture, and delivery of solar panels and systems. It operates through the Dev Co. and Power Co. segments. The Dev Co. segment refers to the solar origination and installation revenue stream as sale of solar power systems. The Power Co. segment deals with the post system sale and recurring services revenue. The company was founded by Thomas L. Dinwoodie, Robert Lorenzini and Richard M. Swanson in April 1985 and is headquartered in San Jose, CA.Read More 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 SPWR Stock News HeadlinesMarch 19, 2023 | americanbankingnews.comInsider Buying: SunPower Co. (NASDAQ:SPWR) CEO Buys 7,500 Shares of StockMarch 18, 2023 | americanbankingnews.comSunPower (NASDAQ:SPWR) Raised to Hold at StockNews.comMarch 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 14, 2023 | finance.yahoo.comSunPower Appoints Steve Louden to its Board of DirectorsMarch 8, 2023 | finance.yahoo.comQ4 2022 Maxeon Solar Technologies Ltd Earnings CallMarch 2, 2023 | seekingalpha.comSunPower files to delay 10-K reportFebruary 22, 2023 | finance.yahoo.comSunPower Corporation's (NASDAQ:SPWR) 8.5% loss last week hit both individual investors who own 50% as well as institutionsFebruary 22, 2023 | finance.yahoo.comSunPower Presents Official Energy Track Panel and Exclusive Event at SXSW 2023March 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.February 21, 2023 | seekingalpha.comSunPower Corporation: Growth SurgesFebruary 16, 2023 | finance.yahoo.comSunPower Corporation (NASDAQ:SPWR) Q4 2022 Earnings Call TranscriptFebruary 16, 2023 | fool.comSunPower (SPWR) Q4 2022 Earnings Call TranscriptFebruary 16, 2023 | finance.yahoo.comSunPower (SPWR) Q4 Earnings Beat EstimatesFebruary 10, 2023 | 247wallst.comFriday’s Top Analyst Upgrades and Downgrades: Bank of America, Disney, DraftKings, Mattel, Nucor, Nvidia, SunPower and MoreJanuary 31, 2023 | finance.yahoo.comSunPower Helps Renters Take Advantage of Solar EnergyJanuary 26, 2023 | 247wallst.comThursday’s Top Analyst Upgrades and Downgrades: Alphabet, Amazon, Diamondback Energy, DR Horton, Fisker, Fox, Microsoft, Philip Morris, SunPower, Toast and MoreJanuary 18, 2023 | finance.yahoo.com1 Growth Stock Down 84% to Buy Right NowJanuary 18, 2023 | finance.yahoo.comSolarEdge (SEDG) Commences Shipping of New Battery CellsJanuary 11, 2023 | finance.yahoo.comBiden's climate agenda has a problem: Not enough workersJanuary 11, 2023 | finance.yahoo.comINSIGHT-Biden's climate agenda has a problem: Not enough workersJanuary 9, 2023 | 247wallst.comMonday’s Top Analyst Upgrades and Downgrades: Bank of America, Chevron, MGM Resorts, Silvergate Capital, Snowflake, SunPower and MoreJanuary 5, 2023 | finance.yahoo.comSunPower and Maxeon Extend Their Current Supply Relationship to Meet Rising Homeowner DemandJanuary 5, 2023 | seekingalpha.comSunPower: Don't Buy The Hype, It's Still OvervaluedDecember 30, 2022 | finance.yahoo.comDoes This Valuation Of SunPower Corporation (NASDAQ:SPWR) Imply Investors Are Overpaying?December 26, 2022 | thestreet.comSunPower Needs to Scrap Large-Scale Utility Solar and Focus on ResidentialDecember 26, 2022 | thestreet.comSunPower (SPWR) Stock Drops Today on Light 2015 Fiscal GuidanceDecember 14, 2022 | finance.yahoo.comSunPower to Announce Fourth Quarter 2022 Results on February 15, 2023See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 SPWR Company Calendar Last Earnings8/02/2022Today3/24/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductors SectorOils/Energy 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 Forecast$19.85 High Stock Price Forecast$27.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+59.9%Consensus RatingHold Rating Score (0-4)2.04 Research Coverage24 Analysts Profitability EPS (Most Recent Fiscal Year)$0.26 Trailing P/E Ratio47.73 Forward P/E Ratio51.71 P/E Growth1.18Net Income$56.04 million Net Margins3.22% Pretax Margin5.55% Return on Equity7.10% Return on Assets2.07% Debt Debt-to-Equity RatioN/A Current Ratio1.21 Quick Ratio0.91 Sales & Book Value Annual Sales$1.74 billion Price / Sales1.25 Cash Flow$0.34 per share Price / Cash Flow36.03 Book Value$3.30 per share Price / Book3.76Miscellaneous Outstanding Shares174,860,000Free Float173,688,000Market Cap$2.17 billion OptionableOptionable Beta1.87 Key ExecutivesPeter FaricyChairman, President & Chief Executive OfficerDerek KuzakExecutive Vice President-OperationsGuthrie DundasCFO, Treasurer & Vice President-Project FinanceJosh KoppelmanChief Technology Officer & Executive VPJune SauvagetChief Marketing Officer & Executive Vice PresidentKey CompetitorsJinkoSolarNYSE:JKSCanadian SolarNASDAQ:CSIQMaxeon Solar TechnologiesNASDAQ:MAXNShoals Technologies GroupNASDAQ:SHLSHolly Energy PartnersNYSE:HEPView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 1,056 shares on 3/23/2023Ownership: 0.054%ETF Managers Group LLCBought 1,204 shares on 3/23/2023Ownership: 0.019%Peter FaricyBought 7,500 shares on 3/16/2023Total: $99,675.00 ($13.29/share)Voya Investment Management LLCSold 11,677 shares on 2/28/2023Ownership: 0.179%Parallax Volatility Advisers L.P.Sold 394,500 shares on 2/27/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions SPWR Stock - Frequently Asked Questions Should I buy or sell SunPower stock right now? 24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last twelve months. There are currently 4 sell ratings, 15 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SPWR shares. 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 SPWR analyst ratings or view top-rated stocks. What is SunPower's stock price forecast for 2023? 24 Wall Street analysts have issued 1 year price objectives for SunPower's stock. Their SPWR share price forecasts range from $14.00 to $27.00. On average, they expect the company's share price to reach $19.85 in the next twelve months. This suggests a possible upside of 59.9% 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 2023? SunPower's stock was trading at $18.03 at the beginning of the year. Since then, SPWR stock has decreased by 31.2% and is now trading at $12.41. View the best growth stocks for 2023 here. When is SunPower's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our SPWR earnings forecast. How were SunPower's earnings last quarter? SunPower Co. (NASDAQ:SPWR) released its quarterly earnings data on Tuesday, August, 2nd. The semiconductor company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.02. The semiconductor company earned $417.80 million during the quarter, compared to analyst estimates of $364.47 million. SunPower had a trailing twelve-month return on equity of 7.10% and a net margin of 3.22%. The company's quarterly revenue was up 60.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.01 earnings per share. What ETFs hold SunPower's stock? ETFs with the largest weight of SunPower (NASDAQ:SPWR) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), Global X Clean Tech ETF (CTEC), Invesco Solar ETF (TAN), SPDR S&P Kensho Clean Power ETF (CNRG), AXS Green Alpha ETF (NXTE), AdvisorShares Gerber Kawasaki ETF (GK), ALPS Clean Energy ETF (ACES) and VanEck Green Infrastructure ETF (RNEW). 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). 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 number of retail and institutional investors. Top institutional shareholders include Millennium Management LLC (2.70%), Geode Capital Management LLC (0.94%), Credit Suisse AG (0.73%), First Trust Advisors LP (0.63%), Parallax Volatility Advisers L.P. (0.00%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Douglas J Richards, Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, Peter Faricy, SA Total, Thomas H Werner 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SunPower's stock price today? One share of SPWR stock can currently be purchased for approximately $12.41. How much money does SunPower make? SunPower (NASDAQ:SPWR) has a market capitalization of $2.17 billion and generates $1.74 billion in revenue each year. The semiconductor company earns $56.04 million in net income (profit) each year or $0.26 on an earnings per share basis. How many employees does SunPower have? The company employs 3,480 workers across the globe. How can I contact SunPower? SunPower's mailing address is 51 RIO ROBLES, SAN JOSE CA, 95134. The official website for the company is www.sunpowercorp.com. The semiconductor company can be reached via phone at (408) 240-5500, via email at bob.okunski@sunpower.com, or via fax at 302-655-5049. This page (NASDAQ:SPWR) was last updated on 3/25/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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