Positive News SentimentPositive NewsNASDAQ:SUNW Sunworks (SUNW) Stock Forecast, Price & News $0.52 +0.01 (+2.84%) (As of 12:27 PM ET) Add Compare Share Share Today's Range$0.52▼$0.5450-Day Range$0.49▼$1.8452-Week Range$0.49▼$3.21Volume538,632 shsAverage Volume1.09 million shsMarket Capitalization$23.22 millionP/E RatioN/ADividend YieldN/APrice Target$3.40 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Sunworks MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside549.1% Upside$3.40 Price TargetShort InterestBearish10.02% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.68) to ($0.47) 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.1.95 out of 5 starsOils/Energy Sector177th out of 249 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry17th out of 29 stocks 3.3 Analyst's Opinion Consensus RatingSunworks has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.40, Sunworks has a forecasted upside of 549.1% from its current price of $0.52.Amount of Analyst CoverageSunworks has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted10.02% of the outstanding shares of Sunworks have been sold short.Short Interest Ratio / Days to CoverSunworks has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sunworks has recently increased by 11.00%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSunworks does not currently pay a dividend.Dividend GrowthSunworks does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SUNW. Previous Next 3.3 News and Social Media Coverage News SentimentSunworks has a news sentiment score of 1.89. 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 higher news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Sunworks this week, compared to 0 articles on an average week.Search InterestOnly 9 people have searched for SUNW on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Sunworks to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sunworks insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.20% of the stock of Sunworks is held by insiders.Percentage Held by InstitutionsOnly 8.88% of the stock of Sunworks is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Sunworks are expected to grow in the coming year, from ($0.68) to ($0.47) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sunworks is -0.60, 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 Sunworks is -0.60, 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 RatioSunworks has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sunworks (NASDAQ:SUNW) StockSunworks, Inc., through its subsidiaries, engages in the provision of photovoltaic and battery based power and storage systems for the commercial, agricultural, industrial, public works, and residential markets in the United States. It is also involved in the design, arrange financing, integrate, install, and manage systems ranging for residential homeowners, and commercial and public works projects. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was incorporated in 2002 and is headquartered in Provo, Utah.Read More SUNW Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SUNW Stock News HeadlinesSeptember 15, 2023 | finance.yahoo.comSunworks to Conduct Virtual Annual Meeting of Stockholders on September 22, 2023August 31, 2023 | finance.yahoo.comSunworks Retains Elite Ranking on Solar Power World's 2023 Top Solar Contractors ListSeptember 29, 2023 | Tradewins (Ad)Successful Options Trading Begins With…Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month! August 20, 2023 | finance.yahoo.comTime To Worry? Analysts Are Downgrading Their Sunworks, Inc. (NASDAQ:SUNW) OutlookAugust 16, 2023 | finance.yahoo.comInvestors Give Sunworks, Inc. (NASDAQ:SUNW) Shares A 26% HidingAugust 14, 2023 | msn.comSunworks GAAP EPS of -$0.34 misses by $0.18, revenue of $34.64M misses by $8.96MAugust 14, 2023 | finanznachrichten.deSunworks, Inc.: Sunworks Announces Second Quarter 2023 ResultsAugust 14, 2023 | finance.yahoo.comSunworks Announces Second Quarter 2023 ResultsSeptember 29, 2023 | Altimetry (Ad)Pentagon Consultant—Here's how Biden Wins Landslide Re-election—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,August 13, 2023 | markets.businessinsider.comSunworks earnings preview: what Wall Street is expectingAugust 11, 2023 | benzinga.comSunworks's Earnings: A PreviewAugust 9, 2023 | finanznachrichten.deSunworks, Inc.: Sunworks Announces $3.3 Million Registered Direct Offering of Common StockAugust 9, 2023 | msn.comSunworks plunges on $3.3M stock offeringAugust 9, 2023 | finance.yahoo.comSunworks Announces $3.3 Million Registered Direct Offering of Common StockAugust 8, 2023 | finance.yahoo.comSunworks To Host Second Quarter 2023 Results Conference Call and Webcast on August 14, 2023August 3, 2023 | tmcnet.comSunWorks Enters Florida Market Through New Partnership with Top Notch Lawn CareAugust 2, 2023 | finance.yahoo.comSunworks Provides Preliminary Second Quarter 2023 Business UpdateJuly 18, 2023 | finance.yahoo.comSunworks (SUNW) Shows Fast-paced Momentum But Is Still a Bargain StockJuly 14, 2023 | msn.comSunworks (SUNW) Moves to Strong Buy: Rationale Behind the UpgradeJuly 12, 2023 | finanznachrichten.deSunworks, Inc.: Sunworks Appoints Mark C. Trout as Group CEO of the Residential Solar SegmentJuly 12, 2023 | finance.yahoo.comSunworks Appoints Mark C. Trout as Group CEO of the Residential Solar SegmentJune 21, 2023 | finance.yahoo.comHere's Why These 3 Solar Energy Stocks are Well Poised to GainJune 8, 2023 | finanznachrichten.deSunworks, Inc.: Sunworks Announces $4.6 Million Registered Direct Offering of Common StockJune 8, 2023 | finance.yahoo.comSunworks Announces $4.6 Million Registered Direct Offering of Common StockJune 3, 2023 | fool.comSunworks (NASDAQ: SUNW)May 24, 2023 | finance.yahoo.comSunworks to Host First Quarter 2023 Results Conference Call and Webcast on May 25, 2023May 24, 2023 | finanznachrichten.deSunworks, Inc.: Sunworks Announces First Quarter 2023 ResultsSee More Headlines Receive SUNW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sunworks and its competitors with MarketBeat's FREE daily newsletter. Email Address SUNW Company Calendar Last Earnings8/14/2023Today9/29/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:SUNW CUSIPN/A CIK1172631 Websunworksusa.com Phone(866) 600-6800Fax805-456-0397Employees622Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.40 High Stock Price Forecast$5.00 Low Stock Price Forecast$1.20 Forecasted Upside/Downside+567.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.88) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-28,210,000.00 Net Margins-18.87% Pretax Margin-18.80% Return on Equity-51.53% Return on Assets-27.79% Debt Debt-to-Equity Ratio0.06 Current Ratio1.28 Quick Ratio0.86 Sales & Book Value Annual Sales$166.88 million Price / Sales0.14 Cash FlowN/A Price / Cash FlowN/A Book Value$1.82 per share Price / Book0.28Miscellaneous Outstanding Shares44,297,000Free Float43,765,000Market Cap$22.58 million OptionableOptionable Beta1.93 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Gaylon Morris (Age 50)CEO & Director Comp: $612.64kMr. Jason Lee Bonfigt CPA (Age 45)CFO & Treasurer Comp: $434.05kMr. Christopher Gardner Monahan (Age 61)Chief Legal Officer Comp: $331.38kMs. Krista MendozaChief Operating OfficerMr. Paul C. McDonnel CPA (Age 67)Sr. VP of Fin. & Accounting Mr. Gerald A. Nadler (Age 80)Chief Scientist Ms. Sarah WillisSr. VP of Marketing & CommunicationsMr. Christopher S. OutwaterDirector of Bus. Devel.Mr. Kyle KearneySr. VP of Commercial SalesMr. Ryan FowlerSr. VP of HRMore ExecutivesKey CompetitorsSunrise New EnergyNASDAQ:EPOWElectriq PowerNYSE:ELIQNeoVoltaNASDAQ:NEOVHouston American EnergyNYSE:HUSAOcean Power TechnologiesNASDAQ:OPTTView All CompetitorsInstitutional OwnershipWolverine Trading LLCSold 17,100 shares on 8/23/2023Ownership: 0.000%XTX Topco LtdBought 131,727 shares on 8/15/2023Ownership: 0.770%Citadel Advisors LLCBought 1,300 shares on 8/15/2023Ownership: 0.000%Schonfeld Strategic Advisors LLCSold 16,400 shares on 8/14/2023Ownership: 0.092%BlackRock Inc.Sold 84,298 shares on 8/11/2023Ownership: 1.182%View All Institutional Transactions SUNW Stock - Frequently Asked Questions Should I buy or sell Sunworks stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunworks in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SUNW shares. View SUNW analyst ratings or view top-rated stocks. What is Sunworks' stock price forecast for 2023? 2 Wall Street research analysts have issued 1 year target prices for Sunworks' stock. Their SUNW share price forecasts range from $1.20 to $5.00. On average, they anticipate the company's stock price to reach $3.40 in the next year. This suggests a possible upside of 567.1% from the stock's current price. View analysts price targets for SUNW or view top-rated stocks among Wall Street analysts. How have SUNW shares performed in 2023? Sunworks' stock was trading at $1.58 at the beginning of 2023. Since then, SUNW stock has decreased by 67.7% and is now trading at $0.5097. View the best growth stocks for 2023 here. When is Sunworks' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our SUNW earnings forecast. How were Sunworks' earnings last quarter? Sunworks, Inc. (NASDAQ:SUNW) issued its earnings results on Monday, August, 14th. The semiconductor company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by $0.18. The semiconductor company had revenue of $34.64 million for the quarter, compared to the consensus estimate of $34 million. Sunworks had a negative net margin of 18.87% and a negative trailing twelve-month return on equity of 51.53%. When did Sunworks' stock split? Shares of Sunworks reverse split before market open on Friday, August 30th 2019. The 1-7 reverse split was announced on Thursday, August 29th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, August 29th 2019. An investor that had 100 shares of stock prior to the reverse split would have 14 shares after the split. What guidance has Sunworks issued on next quarter's earnings? Sunworks issued an update on its second quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $33.00 million-$35.00 million, compared to the consensus revenue estimate of $43.60 million. What other stocks do shareholders of Sunworks own? Based on aggregate information from My MarketBeat watchlists, some companies that other Sunworks investors own include Advanced Micro Devices (AMD), Plug Power (PLUG), Biocept (BIOC), iBio (IBIO), Sorrento Therapeutics (SRNE), Inovio Pharmaceuticals (INO), Nokia Oyj (NOK), Onconova Therapeutics (ONTX) and VBI Vaccines (VBIV). What is Sunworks' stock symbol? Sunworks trades on the NASDAQ under the ticker symbol "SUNW." How do I buy shares of Sunworks? Shares of SUNW 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 Sunworks' stock price today? One share of SUNW stock can currently be purchased for approximately $0.51. How much money does Sunworks make? Sunworks (NASDAQ:SUNW) has a market capitalization of $22.58 million and generates $166.88 million in revenue each year. The semiconductor company earns $-28,210,000.00 in net income (profit) each year or ($0.88) on an earnings per share basis. How many employees does Sunworks have? The company employs 622 workers across the globe. How can I contact Sunworks? Sunworks' mailing address is 1030 WINDING CREEK ROAD SUITE 100, ROSEVILLE CA, 95678. The official website for the company is sunworksusa.com. The semiconductor company can be reached via phone at (866) 600-6800, via email at rob@fnkir.com, or via fax at 805-456-0397. 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