SunPower Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last twelve months. 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.

Wall Street analysts have given SunPower a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SunPower wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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SunPower saw a decrease in short interest in the month of February. As of February 12th, there was short interest totaling 20,980,000 shares, a decrease of 18.8% from the January 28th total of 25,840,000 shares. Based on an average trading volume of 8,810,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 25.9% of the shares of the stock are sold short.
View SunPower's Short Interest.

SunPower is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for SunPower.

SunPower Co. (NASDAQ:SPWR) posted its earnings results on Tuesday, February, 16th. The semiconductor company reported $0.14 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.06 by $0.08. SunPower had a net margin of 4.05% and a negative trailing twelve-month return on equity of 256.87%.
View SunPower's earnings history.

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 459.0% and is now trading at $34.77.
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SunPower issued an update on its first quarter 2021 After-Hours earnings guidance on Wednesday, February, 17th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $270-330 million, compared to the consensus revenue estimate of $328.85 million.

13 brokerages have issued 1 year price targets for SunPower's shares. Their forecasts range from $9.00 to $49.00. On average, they anticipate SunPower's stock price to reach $28.09 in the next year. This suggests that the stock has a possible downside of 19.2%.
View analysts' price targets for SunPower or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to SunPower include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR) and Silicon Laboratories (SLAB).
View all of SPWR's competitors.

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 The Walt Disney (DIS).

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

SunPower's stock is owned by many different institutional and retail investors. Top institutional investors include Federated Hermes Inc. (1.88%), Renaissance Technologies LLC (1.28%), Voloridge Investment Management LLC (0.81%), First Trust Advisors LP (0.76%), Jennison Associates LLC (0.55%) and Northern Trust Corp (0.54%). Company insiders that own SunPower stock include Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, Patrick Wood III, SA Total, Thomas H Werner and Vichheka Heang.
View institutional ownership trends for SunPower.

SPWR stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Jennison Associates LLC, Seven Eight Capital LP, GSA Capital Partners LLP, Rice Hall James & Associates LLC, Guinness Asset Management LTD, Essex Investment Management Co. LLC, and The Manufacturers Life Insurance Company . 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.

SPWR stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Voloridge Investment Management LLC, First Trust Advisors LP, Nia Impact Advisors LLC, Wells Fargo & Company MN, Beacon Harbor Wealth Advisors Inc., Alliancebernstein L.P., and Salient Capital Advisors LLC.
View insider buying and selling activity for SunPower or or view top insider-buying stocks.

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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One share of SPWR stock can currently be purchased for approximately $34.77.

SunPower has a market capitalization of $5.92 billion and generates $1.86 billion in revenue each year. The semiconductor company earns $22.16 million in net income (profit) each year or ($0.47) on an earnings per share basis.

SunPower employs 8,400 workers across the globe.

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

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

SunPower's mailing address is 51 RIO ROBLES, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-240-5500 or via email at [email protected]