SunPower Corporation (SPWR)
| Market Cap | 426.41M |
| Revenue (ttm) | 1.83B |
| Net Income (ttm) | -119.78M |
| Shares Out | 175.48M |
| EPS (ttm) | -0.70 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,381,750 |
| Open | 2.700 |
| Previous Close | 2.710 |
| Day's Range | 2.415 - 2.750 |
| 52-Week Range | 1.770 - 12.180 |
| Beta | 1.81 |
| Analysts | Sell |
| Price Target | 4.35 (+79.01%) |
| Earnings Date | Jul 30, 2024 |
About 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 producti... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for SPWR stock is "Sell." The 12-month stock price forecast is $4.35, which is an increase of 79.01% from the latest price.
News
SunPower has been painful in 2024 but Microsoft and Amazon can help SPWR
SunPower Corporation (NASDAQ: SPWR) has been nothing but disappointment for investors over the past twelve months. Still, there's reason to believe that its future may be markedly different from the ...
SunPower Announces $50 Million Draw on Previously Announced Second Lien Term Loan to Further Business Operations as Company Executes Business Plan
RICHMOND, Calif. , June 3, 2024 /PRNewswire/ -- Today, SunPower (NASDAQ:SPWR) announced it has drawn upon the $50 million second tranche of the $175 million second lien term loan from Sol Holding, LLC...
Shares of Faraday Future, SunPower, MicroCloud Hologram and other memes surge, lifted by another meme-stock revival
The latest post from influential trader Keith Gill, aka Roaring Kitty, sent shares of original meme stocks GameStop Corp. and AMC Entertainment Holdings Inc. soaring in premarket trades Monday, while ...
SunPower terminates its chief operating officer a year after she was hired
SunPower Corp. disclosed Friday that Chief Operating Officer Jennifer Johnston has been terminated by the solar-panel maker's board of directors.
Solar stocks are rallying, with boosts from Tesla and China
Solar stocks jumped on Wednesday, with SunPower Corp. shares leading the way after the solar-power company unveiled a deal with Tesla, Inc. for stationary batteries.
SunPower Adds Tesla Powerwall 3 to its Portfolio
With storage attach-rates soaring, SunPower adds most-requested battery storage to its offerings SunPower Financial introduces loan and lease financing for Powerwall 3, making home backup even more ...
SunPower Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q for the period ended March 31, 2024
RICHMOND, Calif. , May 20, 2024 /PRNewswire/ -- SunPower (NASDAQ:SPWR) received on May 17, 2024, a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not ...
SunPower's ‘extreme' meme-stock surge has this analyst predicting a steep fall
Wolfe Research analyst Steve Fleishman sees darker days ahead for SunPower Corp. shares after they've gotten caught up in the meme-stock momentum.
SunPower Stock Had Its Meme Run. Why One Analyst Just Downgraded the Shares.
The solar company's shares are falling—and it may be a preview of what's to come for GameStop and AMC.
SunPower, MicroCloud Hologram and other highly shorted names are riding the meme-stock wave
Meme-stock mania is sweeping up numerous heavily shorted names, beyond the obvious subjects like GameStop Corp. and AMC Entertainment Holdings Inc.
It's Not Just GameStop or AMC. SunPower and More Shorted Meme Stocks Are Flying.
One-time meme stocks and other heavily-shorted names are rocketing higher in a new retail investor frenzy.
SunPower, SolarEdge, Sunnova stocks jumped: beware of this risk
US solar stocks jumped sharply on Monday as investors cheered the new actions by Joe Biden to increase tariffs on Chinese imports. Sunnova Energy (NOVA) stock jumped by 3.7% while SolarEdge (SEDG) and...
Clean energy stock plays: Analyst says buy Uranium Energy and skip SunPower
Defiance ETFs CEO and CIO Sylvia Jablonski joins Market Domination for the latest edition of Good Buy or Goodbye to give insight into the best clean energy picks. Jablonski names Uranium Energy (UEC) ...
Solar company SunPower to reduce workforce, shut business segments
Solar company SunPower said on Wednesday it plans to reduce its workforce and shut down certain business segments as part of a restructuring plan to help lower costs.
Solar company Sunpower flags issues with financial reporting
SunPower has identified misstatements in its results for fiscal year 2022, the U.S. solar power storage and energy service provider said in a regulatory filing on Tuesday.
Shorts prevail as SunPower, Volcon, Upstart (UPST) stocks plunge
Short-sellers have lost a fortune this year as American equities have continued soaring. The Nasdaq 100 and S&P 500 indices have surged to a record high and analysts expect that this trend may continu...
SunPower Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
RICHMOND, Calif. , March 21, 2024 /PRNewswire/ -- SunPower (NASDAQ:SPWR) received on March 20, 2024, a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is ...
SunPower Appoints Chief Revenue Officer
Tony Garzolini rejoins the company in a newly created role as SunPower deepens focus on profitability and Dealer experience RICHMOND, Calif. , March 14, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPW...
SunPower Announces Delay in Filing Form 10-K
RICHMOND, Calif. , Feb. 29, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that ...
SunPower Announces CEO Transition
Board establishes Office of the Chairman to lead business operations as Peter Faricy departs Board is conducting a comprehensive CEO search RICHMOND, Calif. , Feb. 27, 2024 /PRNewswire/ -- SunPower ...
SunPower Secures More Than $300M in Project Financing Commitments for Industry-Leading Residential Solar and Storage Lease Programs
Builds on the recent capital raise to provide SunPower with access to more than half a billion dollars in financing RICHMOND, Calif., Feb. 23, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), (the "...
How SunPower Narrowly Avoided Bankruptcy With ‘Trojan Horse' Rescue Deal
SunPower reported pretty dismal 2023 results last week. For the year the residential solar company lost $247 million on $1.7 billion in revenue.
Tom Werner Joins SunPower's Board of Directors as Executive Chairman
RICHMOND, Calif. , Feb. 20, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) a leading residential solar technology and energy services provider, today announced Tom Werner as Executive Chairman of t...
SunPower's stock charges up after additional financing, waivers secured
Shares of SunPower Corp. were boosted Thursday, after the troubled solar panels and systems company said it secured new funding and waivers from its financial partners, which the company believes will...
SunPower Stock Soars After It Raises Additional Capital. But Earnings Miss.
The company has raised $175 million through a second lien term loan from Sol Holding.