SunPower Corporation (SPWR)

NASDAQ: SPWR · IEX Real-Time Price · USD
25.69
-0.84 (-3.17%)
At close: Aug 11, 2022 4:00 PM
26.00
+0.31 (1.21%)
Pre-market: Aug 12, 2022 8:00 AM EDT
-3.17%
Market Cap 4.47B
Revenue (ttm) 1.48B
Net Income (ttm) -155.16M
Shares Out 174.09M
EPS (ttm) 0.06
PE Ratio 428.17
Forward PE 82.64
Dividend n/a
Ex-Dividend Date n/a
Volume 3,197,137
Open 27.05
Previous Close 26.53
Day's Range 25.66 - 27.15
52-Week Range 12.78 - 34.61
Beta 1.86
Analysts Hold
Price Target 19.35 (-24.7%)
Earnings Date Aug 2, 2022

About SPWR

SunPower Corporation, a solar technology and energy services provider, offers solar, storage, and home energy solutions to customers primarily in the United States and Canada. It operates through Residential, Light Commercial; Commercial and Industrial Solutions; and Others segments. The company provides solar, storage, and home energy solutions and components through a combination of its third-party installing and non-installing dealer network and resellers, as well as in-house sales team; and turn-key engineering, procurement, and constructio... [Read more...]

Industry Semiconductors & Semiconductor Equipment
IPO Date Nov 17, 2005
CEO Thomas Werner
Employees 3,660
Stock Exchange NASDAQ
Ticker Symbol SPWR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for SPWR stock is "Hold." The 12-month stock price forecast is 19.35, which is a decrease of -24.68% from the latest price.

Price Target
$19.35
(-24.68% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Fuel cell, EV and solar stocks rally as climate bill makes ‘alternative' energy more ‘in the money'

Shares of solar, elective vehicle and fuel cell companies all rallied Monday, after the Senate approved what J.P. Morgan analyst Mark Strouse called “the largest policy change in U.S. history” to accele...

Clean Energy Stocks Rise on Senate Passage of Climate Bill

The bill provides nearly $370 billion in funding for the renewable energy market, from solar energy to hydrogen fuel cells.

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SunPower (SPWR) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

SunPower's (SPWR) Q2 adjusted revenues improve the top line by 62.9% from the year-ago quarter's $254.1 million.

Are Solar Energy Stocks a Buy Today?

Solar stocks are rising again, and this may be a real long-term trend.

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SunPower Jumps 15.5% Today on Strong Earnings

Earnings indicate SunPower has turned the corner.

SunPower ($SPWR) Books 63% YoY Revenue Growth In Q2; Significantly Expands Customer Backlog

SunPower ($SPWR), a leading solar technology and energy services provider, has announced second quarter results that included accelerated revenue growth and new record customers. The company set a quart...

SunPower (SPWR) Q2 Earnings Lag Estimates

SunPower (SPWR) delivered earnings and revenue surprises of -40% and 14%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

SunPower Stock Shines as Adjusted Earnings Top Expectations

The solar panel manufacturer posts second-quarter adjusted earnings of 3 cents a share, narrowly topping estimates.

SunPower Second-Quarter Results Beat Wall Street Estimates

SunPower stock jumped early Tuesday as the maker of solar panels and systems reported second-quarter results that beat estimates. The post SunPower Second-Quarter Results Beat Wall Street Estimates appe...

SunPower Reports Second Quarter 2022 Results

Added a record 19,700 customers in the second quarter, a 51% increase YoY Accelerated revenue growth to 63% YoY Achieved backlog of 53,000 retrofit and new homes customers Delivered strong gross margin:...

Clean Energy Solar Stocks Sunrun, SunPower Scorch On Good News

Clean energy got a boost Thursday after Sen. Joe Manchin and Senate Majority Leader Chuck Schumer reached a deal on climate spending.

Other symbols: RUN

SunPower (SPWR) Moves 18.2% Higher: Will This Strength Last?

SunPower (SPWR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Why Solar Energy Stocks Were Soaring Today

A climate change bill isn't just back on the table, it seems likely to pass quickly.

Other symbols: CSIQFSLRRUNSEDG

Solar stocks jump as Senator Joe Manchin reaches a deal with Democrats that includes climate spending

Shares of SunRun and SunPower both jumped as much as 13% while First Solar surged 10% early Thursday.

Other symbols: RUNTAN

Plug Power, Fuel Cell and solar stocks soar after Manchin changes course to back climate spending

Shares of clean energy companies soared Thursday, after Democratic Sen. Joe Manchin pulled an about-face and agreed to an economic bill that includes climate spending.

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Solar stocks jump as Schumer, Manchin announce climate spending deal

The bill would be the largest climate spending package in U.S. history.

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Semiconductor stocks have been hit hard, but many are poised for rapid growth. Here are 15 expected to shine through ...

In December, we listed analysts' favorite semiconductor stocks for 2022. That hasn't turned out well.

Earnings Preview: SunPower (SPWR) Q2 Earnings Expected to Decline

SunPower (SPWR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 Solar Stocks to Sell Now

These 3 solar stocks to sell now are either overvalued or have poor financials or even worse have both mentioned reasons to avoid them. The post 3 Solar Stocks to Sell Now appeared first on InvestorPlace.

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7 Stocks Set to Surge if Congress Passes Democrats' Budget Bill

With Senate Democrats working hard to pass a budget bill soon, here are some good clean-energy and EV stocks to buy. The post 7 Stocks Set to Surge if Congress Passes Democrats' Budget Bill appeared fir...

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Why Solar Energy Stocks Dropped on Friday

A climate change bill appears to be dead on arrival in the U.S. Senate.

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SunPower to Announce Second Quarter 2022 Results on August 2, 2022

Event to be webcast online at: http://investors.sunpower.com/events.cfm SAN JOSE, Calif. , July 11, 2022 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR) will discuss its second quarter 2022 financial resul...

Why Are Solar Stocks Outperforming?

Our theme of Solar stocks - which includes solar panel manufacturers, systems installers, and component suppliers - has declined by just about 11% year-to-date, faring better than the broader S&P 500 wh...

Other symbols: ENPH

Why SunPower and Other Alternative Energy Stocks Dropped This Week

Some analysts believe recent growth in the alternative energy sector has hit a wall.

Why Investors Went Dark on Solar Stocks Today

A prominent bank has taken a bearish short- to medium-term view of the sector.

Other symbols: RUN