SunPower Corporation (SPWR)

NASDAQ: SPWR · IEX Real-Time Price · USD
2.320
+0.010 (0.43%)
Apr 17, 2024, 2:57 PM EDT - Market open
0.43%
Market Cap 406.23M
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 4,637,926
Open 2.340
Previous Close 2.310
Day's Range 2.240 - 2.420
52-Week Range 2.210 - 14.490
Beta 1.54
Analysts Sell
Price Target 5.01 (+115.95%)
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]

Industry Solar
Sector Technology
IPO Date Nov 17, 2005
Employees 4,710
Stock Exchange NASDAQ
Ticker Symbol SPWR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for SPWR stock is "Sell." The 12-month stock price forecast is $5.01, which is an increase of 115.95% from the latest price.

Price Target
$5.01
(115.95% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

Other symbols: UPSTVLCN
22 days ago - Invezz

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 ...

26 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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 ...

6 weeks ago - PRNewsWire

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 ...

7 weeks ago - PRNewsWire

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 "...

Other symbols: APOHASI
7 weeks ago - PRNewsWire

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.

7 weeks ago - Forbes

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...

2 months ago - PRNewsWire

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...

2 months ago - Market Watch

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.

2 months ago - Barrons

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 ($124) million and Adjusted EBITDA of ($...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

Other symbols: RUN
2 months ago - Invezz

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...

3 months ago - PRNewsWire

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 ...

3 months ago - Business Wire

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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...

Other symbols: RUN
4 months ago - Invezz

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...

4 months ago - Investopedia

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...

4 months ago - PRNewsWire

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.

4 months ago - Market Watch

SPWR Investors Have Opportunity to Lead SunPower Corporation Securities Fraud Lawsuit

BENSALEM, Pa. , Dec. 18, 2023 /PRNewswire/ -- Law Offices of Howard G.

4 months ago - PRNewsWire

SunPower Stock Plunges on ‘Going Concern' Warning

The solar company says earlier this month it became aware that it had breached a credit agreement when it delayed quarterly results.

4 months ago - Barrons