SunPower (SPWR) Stock Price, News & Analysis

$2.75
-0.54 (-16.41%)
(As of 03:27 PM ET)
Today's Range
$2.71
$3.25
50-Day Range
$1.88
$4.39
52-Week Range
$1.76
$12.18
Volume
10.58 million shs
Average Volume
8.47 million shs
Market Capitalization
$482.24 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.59

SunPower MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
61.0% Upside
$4.59 Price Target
Short Interest
Bearish
95.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
0.03
Upright™ Environmental Score
News Sentiment
0.38mentions of SunPower in the last 14 days
Based on 26 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.74) to ($0.37) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.90 out of 5 stars

Oils/Energy Sector

68th out of 247 stocks

Semiconductors & Related Devices Industry

29th out of 90 stocks

SPWR stock logo

About SunPower Stock (NASDAQ:SPWR)

SunPower Corporation, a solar technology and energy services provider, offers solar, storage, and home energy solutions primarily in the United States and Canada. Its solutions include the Equinox and SunVault systems which are pre-engineered modular solutions for residential applications that combine solar module technology with integrated plug-and-play power stations, cable management systems, and mounting hardware that enable dealers and installers to complete system installations, as well as for end customers to manage their energy production. The company also provides post-installation monitoring and maintenance services. It serves residential customers, including individual homeowners and new home builders. The company was incorporated in 1985 and is headquartered in Richmond, California. SunPower Corporation operates as a subsidiary of TotalEnergies SE.

SPWR Stock Price History

SPWR Stock News Headlines

Wolfe Research Downgrades SunPower (NASDAQ:SPWR) to Underperform
SunPower Corp. stock downgraded on meme trade concerns
Wolfe Research Downgrades SunPower (SPWR)
Short Squeeze Stocks Alert: The Rally Could Already Be Over
Why SunPower Stock Got Burned Today
SunPower Target of Unusually Large Options Trading (NASDAQ:SPWR)
SunPower (SPWR) Earnings Dates & Reports
Peering Into SunPower's Recent Short Interest
See More Headlines
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Company Calendar

Last Earnings
8/02/2022
Today
5/17/2024
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:SPWR
Previous Symbol
NASDAQ:SPWRA
CUSIP
86765240
Employees
3,480
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.59
High Stock Price Target
$12.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+39.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
20 Analysts

Profitability

Net Income
$-247,110,000.00
Pretax Margin
-13.61%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Book Value
$1.75 per share

Miscellaneous

Free Float
174,870,000
Market Cap
$576.93 million
Optionable
Optionable
Beta
1.80
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Key Executives

  • Mr. Thomas H. WernerMr. Thomas H. Werner (Age 64)
    Executive Chairman & Principal Executive Officer
    Comp: $2.04M
  • Ms. Elizabeth Eby (Age 59)
    Principal Accounting Officer, Executive VP & CFO
  • Ms. Jennifer Johnston
    Executive VP & COO
  • Mr. Josh Koppelman
    Executive VP & CTO
  • Mr. Michael Weinstein
    Vice President of Investor Relations
  • Ms. Eileen Evans
    Executive VP, Chief Legal Officer & Corporate Secretary
  • Mr. Jim Dawe
    Global Vice President of Sales & Marketing
  • Ms. Joanne Endow
    Head of ESG
  • Mr. Tony Garzolini
    Executive VP & Chief Revenue Officer

SPWR Stock Analysis - Frequently Asked Questions

Should I buy or sell SunPower stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 10 sell ratings and 10 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SPWR shares.
View SPWR analyst ratings
or view top-rated stocks.

What is SunPower's stock price target for 2024?

20 equities research analysts have issued 1 year target prices for SunPower's stock. Their SPWR share price targets range from $2.00 to $12.00. On average, they anticipate the company's share price to reach $4.59 in the next year. This suggests a possible upside of 63.8% 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 2024?

SunPower's stock was trading at $4.83 on January 1st, 2024. Since then, SPWR shares have decreased by 42.0% and is now trading at $2.80.
View the best growth stocks for 2024 here
.

When is SunPower's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our SPWR earnings forecast
.

How were SunPower's earnings last quarter?

SunPower Co. (NASDAQ:SPWR) released its quarterly earnings results on Tuesday, August, 2nd. The semiconductor company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.05 by $0.02. The semiconductor company had revenue of $417.80 million for the quarter, compared to analysts' expectations of $364.47 million. SunPower had a negative net margin of 14.15% and a negative trailing twelve-month return on equity of 40.95%. The company's revenue was up 60.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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).

Who are SunPower's major shareholders?

SunPower's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.52%), Quadrature Capital Ltd (0.20%), Healthcare of Ontario Pension Plan Trust Fund (0.18%), Susquehanna Fundamental Investments LLC (0.18%), SG Americas Securities LLC (0.15%) and Mirae Asset Global Investments Co. Ltd. (0.12%). Insiders that own company stock include Douglas J Richards, Manavendra Sial, Peter Faricy 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SPWR) was last updated on 5/17/2024 by MarketBeat.com Staff

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