SunPower Corporation (SPWR)
| Market Cap | 331.60M |
| Revenue (ttm) | 1.83B |
| Net Income (ttm) | -119.78M |
| Shares Out | 175.48M |
| EPS (ttm) | -0.70 |
| PE Ratio | n/a |
| Forward PE | 34.60 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 217,864 |
| Open | 1.920 |
| Previous Close | 1.940 |
| Day's Range | 1.890 - 1.890 |
| 52-Week Range | 1.770 - 13.500 |
| Beta | 1.54 |
| Analysts | Sell |
| Price Target | 4.54 (+140.21%) |
| Earnings Date | May 1, 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 20 analysts, the average rating for SPWR stock is "Sell." The 12-month stock price forecast is $4.54, which is an increase of 140.21% from the latest price.
News
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.
SunPower Reports Fourth Quarter and Full Year 2023 Results
Added 16,000 customers in Q4, 75,900 new customers in FY 2023 Reported Q4 revenue of $357 million; FY 2023 revenue of $1.7 billion Reported Q4 GAAP Net Loss of ($124) million and Adjusted EBITDA of ($...
SunPower Secures Additional Capital to Drive Ongoing Transformation
Obtains $175 million of capital and $25 million of additional revolving debt capacity, long-term waivers Provides up to $155 million of additional liquidity RICHMOND, Calif. , Feb. 15, 2024 /PRNewswir...
SunPower Provides Update on Discussions with Key Financial Partners
RICHMOND, Calif. , Feb. 1, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that it...
Sunrun and SunPower stocks at risk as ESG outflows jump
Sunrun (NASDAQ: RUN) and SunPower (SPWR) stock prices have been in a strong downtrend as concerns about the solar industry continues. The two have crashed by over 40% in the past 12 months and there a...
SunPower to Announce Full Year and Fourth Quarter 2023 Results on February 15, 2024
Event to be webcast online at https://investors.sunpower.com/events-and-presentations RICHMOND, Calif. , Jan. 22, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) will discuss its full year and fou...
SUNPOWER ALERT: Bragar Eagel & Squire, P.C. is Investigating SunPower Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against SunPower Corporation (NASDAQ: SPWR) on ...
FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in SunPower Corporation with Losses In Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / December 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against SunPower Corporation ("SunPow...
FINAL DEADLINE DAYS AWAY: The Schall Law Firm Encourages Investors in SunPower Corporation with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / December 20, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against SunPower Corporation ("SunPow...
DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in SunPower Corporation with Losses In Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / December 19, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against SunPower Corporation ("SunPow...
As SunPower stock price collapses, focus turns to SunRun (RUN)
One of the biggest energy news this week was a going concern warning by SunPower, a leading player in the solar industry. As a result, the SPWR stock price tumbled by more than 32% on Monday, making i...
SunPower Stock Plunges as It Warns That Debt Could Threaten Business
Shares of SunPower Corp. (SPWR) plunged more than 30% as the solar power equipment and services provider warned that it may not be able to remain in business after failing to make payments on its debt...
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in SunPower Corporation of Class Action Lawsuit and Upcoming Deadline - SPWR
NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against SunPower Corporation ("SunPower" or the "Company") (NASDAQ: SPWR) and certain office...
SunPower's stock tanks after going-concern warning
Shares of SunPower Corp. dropped more than 30% Monday after the residential solar company spooked investors with a going-concern warning in regulatory filings.