Lowest-Rated StocksLowest-RatedNASDAQ:SPWR SunPower (SPWR) Stock Price, News & Analysis → Pentagon contract could send this $2 AI stock soaring (From Behind the Markets) (Ad) Free SPWR Stock Alerts $1.96 -0.18 (-8.41%) (As of 04:30 PM ET) Add Compare Share Share Today's Range$1.77▼$2.3150-Day Range$2.14▼$4.2852-Week Range$1.77▼$14.49Volume10.97 million shsAverage Volume7.01 million shsMarket Capitalization$343.71 millionP/E RatioN/ADividend YieldN/APrice Target$4.76 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get SunPower alerts: Email Address SunPower MarketRank™ Stock AnalysisAnalyst RatingReduce1.58 Rating ScoreUpside/Downside145.6% Upside$4.76 Price TargetShort InterestHealthy76.63% of Float Sold ShortDividend StrengthN/ASustainability0.03Upright™ Environmental ScoreNews Sentiment-0.22Based on 22 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.74) to ($0.37) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.95 out of 5 starsOils/Energy Sector62nd out of 236 stocksSemiconductors & Related Devices Industry31st out of 88 stocks 3.8 Analyst's Opinion Consensus RatingSunPower has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 9 hold ratings, and 9 sell ratings.Amount of Analyst CoverageSunPower has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted76.63% of the float of SunPower has been sold short.Short Interest Ratio / Days to CoverSunPower has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in SunPower has recently decreased by 7.73%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSunPower does not currently pay a dividend.Dividend GrowthSunPower does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSunPower has received a 66.23% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Solar panels", "Installation services of solar panels", and "Construction of solar power plants" products. See details.Environmental SustainabilityThe Environmental Impact score for SunPower is 0.03. Previous Next 1.5 News and Social Media Coverage News SentimentSunPower has a news sentiment score of -0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 22 news articles for SunPower this week, compared to 7 articles on an average week.Search InterestOnly 21 people have searched for SPWR on MarketBeat in the last 30 days. This is a decrease of -34% compared to the previous 30 days.MarketBeat Follows14 people have added SunPower to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SunPower insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.28% of the stock of SunPower is held by insiders.Percentage Held by Institutions47.36% of the stock of SunPower is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SunPower are expected to grow in the coming year, from ($0.74) to ($0.37) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SunPower is -1.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of SunPower is -1.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSunPower has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingDon’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him About SunPower Stock (NASDAQ: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 production. The company also provides post-installation monitoring and maintenance services. It serves residential customers, including individual homeowners and new home builders. The company was incorporated in 1985 and is headquartered in Richmond, California. SunPower Corporation operates as a subsidiary of TotalEnergies SE.Read More SPWR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPWR Stock News HeadlinesApril 2, 2024 | marketbeat.comHow to Invest in Energy (SPWR)Energy keeps the world moving, from oil to gas to solar to wind. Learn about the types of energy investments, where to find them and which may be best for you.April 23, 2024 | ca.investing.comChallenges Mount for SunPower Amid Earnings RestatementApril 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 23, 2024 | za.investing.comSunPower discloses plans to restate some earningsApril 23, 2024 | msn.comFirst Solar upgraded, SunPower downgraded at Evercore ISIApril 23, 2024 | msn.comSunPower plunges after disclosing plans to restate earningsApril 23, 2024 | finance.yahoo.comSunPower Slides After Disclosing Plans to Restate EarningsApril 23, 2024 | finance.yahoo.comSolar company SunPower flags issues with 2022 financial reportingApril 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 23, 2024 | reuters.comSolar company Sunpower flags issues with financial reportingApril 21, 2024 | americanbankingnews.comMizuho Lowers SunPower (NASDAQ:SPWR) Price Target to $4.00April 19, 2024 | americanbankingnews.comBrokers Set Expectations for SunPower Co.'s Q2 2025 Earnings (NASDAQ:SPWR)April 18, 2024 | americanbankingnews.comSunPower Co. (NASDAQ:SPWR) Expected to Earn Q1 2026 Earnings of $0.04 Per ShareApril 16, 2024 | investorplace.com5 Stocks to Sell ImmediatelyApril 9, 2024 | fool.com1 Wall Street Analyst Cuts SunPower's Price Target by 33%. Here's Why He's Right (and Wrong)April 3, 2024 | markets.businessinsider.com3 Stocks With the Highest Short Interest Headed Into AprilMarch 22, 2024 | finanznachrichten.deSunPower Corp.: SunPower Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-KMarch 21, 2024 | finance.yahoo.comSunPower Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-KMarch 21, 2024 | msn.com3 Stocks Under $10 That Wall Street Sees More Than 100% Upside This YearMarch 21, 2024 | fool.comIs SunPower Stock Going to $2.50? 1 Wall Street Analyst Thinks So.March 15, 2024 | fool.comWhy Solar Energy Stocks Cratered Again This WeekMarch 15, 2024 | finance.yahoo.comSPWR Apr 2024 4.000 callMarch 14, 2024 | finance.yahoo.comSunPower Appoints Garzolini as Executive VP, Chief Revenue OfficerMarch 14, 2024 | finanznachrichten.deSunPower Corp.: SunPower Appoints Chief Revenue OfficerMarch 14, 2024 | finance.yahoo.comSunPower Appoints Chief Revenue OfficerMarch 12, 2024 | finance.yahoo.comSPWR Apr 2024 4.500 putMarch 11, 2024 | markets.businessinsider.comA Glimpse Into The Expert Outlook On SunPower Through 13 AnalystsSee More Headlines Receive SPWR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SunPower and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/15/2024Today4/23/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Semiconductors & related devices Sub-IndustrySemiconductors Current SymbolNASDAQ:SPWR Previous SymbolNASDAQ:SPWRA CUSIP86765240 CIK867773 Webwww.sunpowercorp.com Phone(408) 240-5500Fax302-655-5049Employees3,480Year FoundedN/APrice Target and Rating Average Stock Price Target$4.76 High Stock Price Target$12.00 Low Stock Price Target$2.50 Potential Upside/Downside+183.6%Consensus RatingReduce Rating Score (0-4)1.58 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)($1.37) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-247,110,000.00 Net Margins-14.15% Pretax Margin-13.61% Return on Equity-40.95% Return on Assets-11.70% Debt Debt-to-Equity RatioN/A Current Ratio0.94 Quick Ratio0.64 Sales & Book Value Annual Sales$1.69 billion Price / Sales0.17 Cash FlowN/A Price / Cash FlowN/A Book Value$1.75 per share Price / Book0.96Miscellaneous Outstanding Shares175,360,000Free Float174,870,000Market Cap$294.60 million OptionableOptionable Beta1.73 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Thomas H. Werner (Age 64)Executive Chairman & Principal Executive Officer Comp: $2.04MMs. Elizabeth Eby (Age 59)Principal Accounting Officer, Executive VP & CFO Ms. Jennifer JohnstonExecutive VP & COOMr. Josh KoppelmanExecutive VP & CTOMr. Michael WeinsteinVice President of Investor RelationsMs. Eileen EvansExecutive VP, Chief Legal Officer & Corporate SecretaryMr. Jim DaweGlobal Vice President of Sales & MarketingMs. Joanne EndowHead of ESGMr. Tony GarzoliniExecutive VP & Chief Revenue OfficerMore ExecutivesKey CompetitorsEmeren GroupNYSE:SOLMaxeon Solar TechnologiesNASDAQ:MAXNCanadian SolarNASDAQ:CSIQJinkoSolarNYSE:JKSShoals Technologies GroupNASDAQ:SHLSView All CompetitorsInstitutional OwnershipNew Mexico Educational Retirement BoardBought 17,100 shares on 4/23/2024Ownership: 0.010%First Trust Direct Indexing L.P.Bought 15,323 shares on 4/19/2024Ownership: 0.009%Counterpoint Mutual Funds LLCBought 20,493 shares on 4/15/2024Ownership: 0.037%Green Alpha Advisors LLCSold 8,887 shares on 4/10/2024Ownership: 0.091%Wedmont Private CapitalBought 10,919 shares on 4/10/2024Ownership: 0.006%View All Institutional Transactions SPWR Stock Analysis - Frequently Asked Questions Should I buy or sell SunPower stock right now? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 9 sell ratings and 9 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SPWR shares. View SPWR analyst ratings or view top-rated stocks. What is SunPower's stock price target for 2024? 18 Wall Street research analysts have issued 1-year price objectives for SunPower's stock. Their SPWR share price targets range from $2.50 to $12.00. On average, they anticipate the company's share price to reach $4.76 in the next twelve months. This suggests a possible upside of 145.6% from the stock's current price. View analysts price targets for SPWR or view top-rated stocks among Wall Street analysts. How have SPWR shares performed in 2024? SunPower's stock was trading at $4.83 at the beginning of 2024. Since then, SPWR stock has decreased by 59.8% and is now trading at $1.94. View the best growth stocks for 2024 here. When is SunPower's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our SPWR earnings forecast. How were SunPower's earnings last quarter? SunPower Co. (NASDAQ:SPWR) issued its quarterly earnings results on Thursday, February, 15th. The semiconductor company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.30) by $0.24. The semiconductor company earned $356.91 million during the quarter, compared to analyst estimates of $364.58 million. SunPower had a negative trailing twelve-month return on equity of 40.95% and a negative net margin of 14.15%. What ETFs hold SunPower's stock? ETFs with the largest weight of SunPower (NASDAQ:SPWR) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), Subversive Decarbonization ETF (DKRB), SoFi Smart Energy ETF (SHFT), SoFi Smart Energy ETF (ENRG), SPDR S&P Kensho Clean Power ETF (CNRG), Parabla Innovation ETF (LZRD), Invesco Solar ETF (TAN) and Global X Clean Tech ETF (CTEC). What is Tom Werner's approval rating as SunPower's CEO? 197 employees have rated SunPower Chief Executive Officer Tom Werner on Glassdoor.com. Tom Werner has an approval rating of 79% among the company's employees. What other stocks do shareholders of SunPower own? Based on aggregate information from My MarketBeat watchlists, some companies that other SunPower investors own include Tesla (TSLA), Advanced Micro Devices (AMD), First Solar (FSLR), Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), Intel (INTC), Cisco Systems (CSCO), QUALCOMM (QCOM) and Walt Disney (DIS). Who are SunPower's major shareholders? SunPower's stock is owned by many different institutional and retail investors. Top institutional investors include Green Alpha Advisors LLC (0.09%), Counterpoint Mutual Funds LLC (0.04%), Banque Cantonale Vaudoise (0.03%), New Mexico Educational Retirement Board (0.01%), First Trust Direct Indexing L.P. (0.01%) and Wedmont Private Capital (0.01%). Insiders that own company stock include Douglas J Richards, Manavendra Sial, Peter Faricy, Thomas H Werner and Vichheka Heang. View institutional ownership trends. How do I buy shares of SunPower? Shares of SPWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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