Sunworks, Inc. (SUNW)

NASDAQ: SUNW · IEX Real-Time Price · USD
1.86
-0.05 (-2.62%)
At close: Jun 24, 2022 4:00 PM
1.87
+0.01 (0.54%)
After-hours: Jun 24, 2022 7:50 PM EDT
-2.62%
Market Cap 61.25M
Revenue (ttm) 126.18M
Net Income (ttm) -30.02M
Shares Out 32.93M
EPS (ttm) -1.07
PE Ratio n/a
Forward PE 3.40
Dividend n/a
Ex-Dividend Date n/a
Volume 829,990
Open 1.93
Previous Close 1.91
Day's Range 1.85 - 1.99
52-Week Range 1.23 - 11.77
Beta 1.71
Analysts Buy
Price Target 3.32 (+78.5%)
Earnings Date Aug 11, 2022

About SUNW

Sunworks, Inc., through its subsidiaries, provides photovoltaic and battery based power and storage systems for the agricultural, commercial, industrial, public works, and residential markets in the United States. It also designs, finances, integrates, installs, and manages systems ranging in size from 2 kilowatt for residential projects to multi megawatt systems for larger commercial and public works projects. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was incorporated i... [Read more...]

Industry Electrical Equipment
Founded 2002
CEO Charles Cargile
Employees 495
Stock Exchange NASDAQ
Ticker Symbol SUNW
Full Company Profile

Financial Performance

In 2021, Sunworks's revenue was $101.15 million, an increase of 166.81% compared to the previous year's $37.91 million. Losses were -$26.63 million, 67.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SUNW stock is "Buy." The 12-month stock price forecast is 3.32, which is an increase of 78.49% from the latest price.

Price Target
$3.32
(78.49% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sunworks to Conduct Virtual Annual Meeting of Stockholders on June 15, 2022

PROVO, UT / ACCESSWIRE / June 8, 2022 / Sunworks, Inc. (NASDAQ:SUNW), a provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works marke...

Sunworks (SUNW) Reports Q1 Loss, Tops Revenue Estimates

Sunworks (SUNW) delivered earnings and revenue surprises of -16.67% and 4.33%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Sunworks Reports First Quarter 2022 Results

PROVO, UT / ACCESSWIRE / May 16, 2022 / Sunworks, Inc. (NASDAQ:SUNW), a leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public wor...

Sunworks (SUNW) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Sunworks (SUNW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Penny Stocks With Huge Potential According To 4 Wall Street Analysts

Penny stocks with huge potential according to analysts in 2022. The post Penny Stocks With Huge Potential According To 4 Wall Street Analysts appeared first on Penny Stocks to Buy, Picks, News and Infor...

Other symbols: BTTXMNMDTCRT

Sunworks Announces First Quarter 2022 Results Conference Call and Webcast Date

PROVO, UT / ACCESSWIRE / May 2, 2022 / Sunworks, Inc. (NASDAQ:SUNW), a leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public work...

Sunworks Launches ESG Reporting Program

Assigns Management and Board-Level Oversight to ESG Program Intends to Launch Inaugural ESG Report in Early 2024 PROVO, UT / ACCESSWIRE / April 11, 2022 / Sunworks, Inc. (NASDAQ:SUNW), a leading provide...

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Other symbols: DNNOPTT

Sunworks (SUNW) Reports Q4 Loss, Tops Revenue Estimates

Sunworks (SUNW) delivered earnings and revenue surprises of -123.81% and 7.37%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Sunworks Announces Fourth Quarter and Full-Year 2021 Financial Results

Backlog Reaches $58 Million as Company Overcomes Seasonal Weather and Supply Chain Disruptions; Company Enters 2022 With Experienced Team and Strong Demand PROVO, UT / ACCESSWIRE / March 11, 2022 / Sunw...

Why Sunworks (SUNW) Might Surprise This Earnings Season

Sunworks (SUNW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Solar Stock News: Why Are SUNW, RUN, SEDG, FSLR Stocks Up Today?

Solar stocks are in focus today. Seemingly the entire industry is making major strides following a recent U.S. ban on Russian oil imports.

Other symbols: FSLRRUNSEDG

6 Penny Stocks Making Major Moves Today: OP, NINE, ENSV, POLA, SUNW & MULN

Penny stocks are seeing incredible movement on Tuesday as retail traders ride along with a wave of rallies in the oil and mining sectors. The post 6 Penny Stocks Making Major Moves Today: OP, NINE, ENSV...

Other symbols: ENSVMULNNINEOPPOLA

Best Penny Stocks To Buy? 5 Energy Stocks To Watch Right Now

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Other symbols: DNNGEVOOPTTWPRT

Sunworks (SUNW) Expected to Beat Earnings Estimates: Should You Buy?

Sunworks (SUNW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sunworks to Host Fourth Quarter and Full-Year 2021 Financial Results Conference Call on Friday, March 11, 2022

PROVO, UT / ACCESSWIRE / March 3, 2022 / Sunworks, Inc. (NASDAQ:SUNW), a provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works mark...

Sunworks Names Chris Monahan as Chief Legal Officer

Brings Significant Construction and Engineering Law and Risk Management Expertise to Sunworks Executive Team PROVO, UT / ACCESSWIRE / February 10, 2022 / Sunworks, Inc. (NASDAQ:SUNW), a provider of sola...

Sunworks Names Patrick C. McCullough to Board of Directors

Seasoned Executive brings more than 20 years of experience with Fortune 500 companies, as a senior officer and Board member, with specific expertise in retail energy and renewables to Sunworks Board PRO...

Sunworks Announces Third Quarter Financial Results

Strategic Initiatives and Investments to Support 2022 Growth; Builds Inventory to Meet Demand and Mitigate Supply Chain Challenges PROVO, UT / ACCESSWIRE / November 11, 2021 / Sunworks, Inc. (NASDAQ:SUN...

Sunworks to Host Third Quarter 2021 Financial Results Conference Call on Thursday, November 11, 2021

PROVO, UT / ACCESSWIRE / November 1, 2021 / Sunworks, Inc. (NASDAQ:SUNW), a provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works m...

Sunworks Announces Preliminary Third Quarter Financial Results

Company ends September with a backlog of $51 million; Builds inventory levels to satisfy backlog and proactively address supply chain issues PROVO, UT / ACCESSWIRE / October 21, 2021 / Sunworks, Inc. (N...

Solar Stocks: Why SUNW, SPWR, DQ, ENPH and SEDG Are Shining Bright Today

Solar stocks are on the move today and that's good news for investors as shares are shining brighter on energy shortage news. The post Solar Stocks: Why SUNW, SPWR, DQ, ENPH and SEDG Are Shining Bright ...

Other symbols: DQENPHSEDGSPWR

Is the Options Market Predicting a Spike in Sunworks (SUNW) Stock?

Investors need to pay close attention to Sunworks (SUNW) stock based on the movements in the options market lately.

Sunworks Appoints Jason Bonfigt As Finance Chief

Sunworks Inc (NASDAQ: SUNW) appointed Jason Bonfigt  as its Chief Financial Officer and treasurer on October 5, 2021. Bonfigt joins Sunworks from Broadwind, Inc. (NASDAQ: BWEN), where he served as CFO a...

Sunworks Significantly Bolsters Senior Leadership Team with Jason Bonfigt as CFO and Wayne Tomlinson as CIO

Adds Accomplished Public Company CFO with Clean Tech Expertise; New CIO is a Proven Technology Leader with Track-Record Using Technology to Improve Efficiency PROVO, UT / ACCESSWIRE / October 7, 2021 / ...