SunPower Corporation (SPWR)
| Market Cap | 182.47M |
| Revenue (ttm) | 1.83B |
| Net Income (ttm) | -119.78M |
| Shares Out | 217.23M |
| EPS (ttm) | -0.70 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 15,097,378 |
| Open | 0.994 |
| Previous Close | 0.967 |
| Day's Range | 0.811 - 1.020 |
| 52-Week Range | 0.500 - 10.300 |
| Beta | 1.67 |
| Analysts | Sell |
| Price Target | 4.10 (+388.1%) |
| Earnings Date | Aug 6, 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 $4.1, which is an increase of 388.10% from the latest price.
News
SunPower's woes spell good news for these solar names
SunPower's role in the market “can easily be absorbed by other players,” says Raymond James analyst Pavel Molchanov
SunPower's stock skyrockets despite company's challenges: ‘Shorts dug themselves a hole here'
SunPower shares climbed 25.4% Tuesday despite the challenges facing the maker of solar-energy technology. The company's shares fell 74.75% last week, making it the stock's worst week on record, accord...
Solar Stocks Are Not Having a Good Run. Why These Stocks Are Still a Buy.
Hit by high interest rates, low power prices and uncertainty around the U.S. election, solar stocks are facing a tough quarter.
SunPower's stock had its worst week on record. Now Susquehanna is suspending coverage.
Susquehanna Financial Group suspended its coverage of SunPower Corp. early Monday, citing the challenges facing the maker of solar-energy technology.
GLJ Research labels SunPower stock as ‘worthless' amid operational halt and financial woes
SunPower Corporation (NASDAQ: SPWR) is facing intense scrutiny following a recent analysis by GLJ Research, which has cast a dark shadow over the company's future. In a critical report, GLJ Research ...
Dark Days For SunPower, As Shares Plunge Amid Accounting Scandal
Storms are brewing around residential solar company SunPower. Shares have fallen 60% in the past five days, even slipping below $1, as news emerged that SunPower had notified its dealer network that i...
SunPower stock collapses to nearly $1 as company halts leases, installations and shipments
SunPower's stock has fallen more than 40% this week and nearly 90% the last 12 months. The collapse this week came after SunPower told dealers that it was halting leases, installations and shipments.
SunPower tumbles nearly 20% after pausing some operations
SunPower shares plummeted nearly 20% on Thursday after the solar company informed clients that it is pausing some operations, including deactivating lease and power purchase agreements from its own sa...
Solar stocks shine after inflation reading bolsters rate-cut hopes
Solar stocks were sharply higher on Thursday, buoyed by a cooler-than-expected inflation reading that bolstered hopes the Federal Reserve will start lowering interest rates sooner rather than later.
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...