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Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
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SunPower Is Ready To Power Up Triple-Digit Earnings Gains
Build A Better Tech Portfolio With Jabil Inc.
Is the US Military Secretly Under Chinese Control? (Ad)
US stocks end mixed a day after Dow entered a bear market
Leaks on Russian gas pipelines raise concerns about sabotage
Is the US Military Secretly Under Chinese Control? (Ad)
Will UPS Be Next to Deliver a Warning?
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
Is the US Military Secretly Under Chinese Control? (Ad)
SunPower Is Ready To Power Up Triple-Digit Earnings Gains
Build A Better Tech Portfolio With Jabil Inc.
Is the US Military Secretly Under Chinese Control? (Ad)
US stocks end mixed a day after Dow entered a bear market
Leaks on Russian gas pipelines raise concerns about sabotage
Is the US Military Secretly Under Chinese Control? (Ad)
Will UPS Be Next to Deliver a Warning?
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
Is the US Military Secretly Under Chinese Control? (Ad)
SunPower Is Ready To Power Up Triple-Digit Earnings Gains
Build A Better Tech Portfolio With Jabil Inc.
Is the US Military Secretly Under Chinese Control? (Ad)
US stocks end mixed a day after Dow entered a bear market
Leaks on Russian gas pipelines raise concerns about sabotage
Is the US Military Secretly Under Chinese Control? (Ad)
Will UPS Be Next to Deliver a Warning?
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
Is the US Military Secretly Under Chinese Control? (Ad)
SunPower Is Ready To Power Up Triple-Digit Earnings Gains
Build A Better Tech Portfolio With Jabil Inc.
Is the US Military Secretly Under Chinese Control? (Ad)
US stocks end mixed a day after Dow entered a bear market
Leaks on Russian gas pipelines raise concerns about sabotage
Is the US Military Secretly Under Chinese Control? (Ad)
Will UPS Be Next to Deliver a Warning?
Vote in Ukraine's Russia-held areas stokes tension with West
NASDAQ:SPWR

SunPower - SPWR Stock Forecast, Price & News

$24.56
+0.46 (+1.91%)
(As of 09/27/2022 12:00 AM ET)
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Compare
Today's Range
$24.50
$25.57
50-Day Range
$15.88
$28.13
52-Week Range
$12.78
$34.61
Volume
2.46 million shs
Average Volume
3.57 million shs
Market Capitalization
$4.28 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$22.20

SunPower MarketRank™ Forecast

Analyst Rating
Hold
1.86 Rating Score
Upside/​Downside
9.6% Downside
$22.20 Price Target
Short Interest
Bearish
18.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.09
Upright™ Environmental Score
News Sentiment
0.55mentions of SunPower in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.63 M Sold Last Quarter
Proj. Earnings Growth
250.00%
From $0.12 to $0.42 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.67 out of 5 stars

Oils/Energy Sector

197th out of 257 stocks

Semiconductors & Related Devices Industry

74th out of 97 stocks

SPWR stock logo

About SunPower (NASDAQ:SPWR) Stock

SunPower Corporation, a solar technology and energy services provider, offers solar, storage, and home energy solutions to customers primarily in the United States and Canada. It operates through Residential, Light Commercial; Commercial and Industrial Solutions; and Others segments. The company provides solar, storage, and home energy solutions and components through a combination of its third-party installing and non-installing dealer network and resellers, as well as in-house sales team; and turn-key engineering, procurement, and construction services and sale of energy under power purchase agreements. It also offers commercial roof, carport, and ground mounted systems; and post-installation monitoring and maintenance services. In addition, the company provides residential leasing services, as well as sells inverters manufactured by third parties. It primarily serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of TotalEnergies SE.

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SPWR Stock News Headlines

SunPower Is Ready To Power Up Triple-Digit Earnings Gains
The sun is shining on solar stocks, such as SunPower, following passage of the Inflation Reduction Act. Analysts see earnings up more than 200% next year.
Are These Green Energy Companies Right For Your Portfolio? (SPWR)
Three clean energy stocks that might outperform and be right for those looking at clean energy stocks for their portfolio.
3 Solar Stocks That Will Benefit From the Biden Tariff Holiday (SPWR)
Many companies stand to benefit from the Biden administration's focus on solar energy. This article highlights three solar stocks that stand to benefit
SunPower Announces Progress Toward 25X25 Commitments
13 Analysts Have This to Say About SunPower
SunPower CFO Sial steps down; Dundas named interim CFO
See More Headlines
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SPWR Company Calendar

Last Earnings
8/02/2022
Today
9/28/2022
Next Earnings (Confirmed)
11/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:SPWR
Previous Symbol
NASDAQ:SPWRA
CUSIP
86765240
Employees
3,660
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$22.20
High Stock Price Forecast
$31.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
-9.6%
Consensus Rating
Hold
Rating Score (0-4)
1.86
Research Coverage
14 Analysts

Profitability

Net Income
$-37,360,000.00
Pretax Margin
-8.35%

Debt

Sales & Book Value

Annual Sales
$1.32 billion
Book Value
$2.25 per share

Miscellaneous

Free Float
172,961,000
Market Cap
$4.28 billion
Optionable
Optionable
Beta
1.97

Key Executives

  • Mr. Peter T. Faricy (Age 56)
    Chairman, Pres & CEO
    Comp: $1.67M
  • Mr. Manavendra S. SialMr. Manavendra S. Sial (Age 45)
    Exec. VP & CFO
    Comp: $673.63k
  • Mr. Douglas J. RichardsMr. Douglas J. Richards (Age 63)
    Exec. VP & Chief People Officer
    Comp: $558.36k
  • Mr. Derek Kuzak
    Exec. VP of Supply Chain, Quality & Field Operations
  • Ms. Vichheka HeangMs. Vichheka Heang (Age 42)
    VP, Corp. Controller & Principal Accounting Officer
  • Mr. Josh Koppelman
    Exec. VP & CTO
  • Mr. Michael Weinstein
    Head of Investor Relations
  • Mr. Jim Dawe
    Global VP of Sales & Marketing
  • Ms. June Sauvaget
    Exec. VP & Chief Marketing Officer
  • Mr. Bobby S. Ram
    Managing Director of Specialty Products













SPWR Stock - Frequently Asked Questions

Should I buy or sell SunPower stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 4 sell ratings, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 2022?

14 analysts have issued 12-month target prices for SunPower's stock. Their SPWR share price forecasts range from $17.00 to $31.00. On average, they predict the company's stock price to reach $22.20 in the next year. This suggests that the stock has a possible downside of 9.6%.
View analysts price targets for SPWR
or view top-rated stocks among Wall Street analysts.

How have SPWR shares performed in 2022?

SunPower's stock was trading at $20.87 at the beginning of 2022. Since then, SPWR stock has increased by 17.7% and is now trading at $24.56.
View the best growth stocks for 2022 here
.

When is SunPower's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our SPWR earnings forecast
.

How can I listen to SunPower's earnings call?

SunPower will be holding an earnings conference call on Tuesday, November 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

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 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.02. The semiconductor company earned $417.80 million during the quarter, compared to analysts' expectations of $364.47 million. SunPower had a negative net margin of 10.51% and a negative trailing twelve-month return on equity of 4.15%. The company's revenue was up 60.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.01 EPS.

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 many different retail and institutional investors. Top institutional shareholders include Credit Suisse AG (1.08%), Northern Trust Corp (0.62%), Millennium Management LLC (0.51%), Goldman Sachs Group Inc. (0.43%), DekaBank Deutsche Girozentrale (0.42%) and Parallax Volatility Advisers L.P. (0.00%). Insiders that own company stock include Douglas J Richards, Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, 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 $24.56.

How much money does SunPower make?

SunPower (NASDAQ:SPWR) has a market capitalization of $4.28 billion and generates $1.32 billion in revenue each year. The semiconductor company earns $-37,360,000.00 in net income (profit) each year or ($0.90) on an earnings per share basis.

How many employees does SunPower have?

The company employs 3,660 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 9/28/2022 by MarketBeat.com Staff

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