NASDAQ:SPWR - SunPower Stock Price, News & Analysis

SunPower trades on the NASDAQ under the ticker symbol "SPWR."

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

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

SunPower issued an update on its FY 2019 earnings guidance on Wednesday, July, 31st. The company provided earnings per share 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.

9 brokerages have issued twelve-month price targets for SunPower's stock. Their predictions range from $6.00 to $11.00. On average, they anticipate SunPower's share price to reach $7.7925 in the next twelve months. This suggests that the stock has a possible downside of 45.9%. View Analyst Price Targets for SunPower.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 4 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SunPower.

News articles about SPWR stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. SunPower earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned news stories about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for SunPower.

SunPower saw a increase in short interest in 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 trading volume, of 2,990,000 shares, the short-interest ratio is presently 6.3 days. Approximately 30.1% of the company's stock are sold short. View SunPower's Current Options Chain.

Some companies that are related to SunPower include Monolithic Power Systems (MPWR), First Solar (FSLR), Semiconductor Manufacturing International (SMICY), Mellanox Technologies (MLNX), Cree (CREE), United Microelectronics (UMC), Silicon Laboratories (SLAB), Cabot Microelectronics (CCMP), Solaredge Technologies (SEDG), SUMCO CORP/ADR (SUOPY), Dialog Semiconductor (DLGNF), Viavi Solutions (VIAV), Semtech (SMTC), Cirrus Logic (CRUS) and Inphi (IPHI).

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).

SunPower's stock is owned by many different of institutional and retail 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.

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.

SPWR stock was acquired 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.

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.

One share of SPWR stock can currently be purchased for approximately $14.41.

SunPower has a market capitalization of $2.05 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.

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

SunPower's mailing address is 77 RIO ROBLES, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-240-5500.