SPWR - SunPower Corporation
| Previous Close | 7.55 |
| Open | 8.00 |
| Bid | 7.93 x 1000 |
| Ask | 7.94 x 1800 |
| Day's Range | 7.60 - 8.11 |
| 52 Week Range | 6.36 - 10.00 |
| Volume | 3,967,769 |
| Avg. Volume | 1,579,192 |
| Market Cap | 1.121B |
| Beta | 2.00 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -7.89 |
| Earnings Date | Oct 31, 2018 - Nov 5, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 8.12 |
- Zacks•1 hour ago
3 Companies Left Out of the Latest Trump Tariffs
The trade war between the U.S. and China continues to escalate, with Beijing set to impose tariffs on $60 billion in U.S. imports in response to the Trump administrations' new set of tariffs on $200 billion in Chinese imports. Despite the mounting pressure on companies in the world's two largest economies, some firms and their products appear to be safe.
- Motley Fool•1 hour ago
SunPower Stock Gains Momentum as Analysts Weigh In: What You Need to Know
Shares spiked 15% on tariff news yesterday. Is there more good news in store?
- Benzinga•4 hours ago
Credit Suisse Upgrades SunPower After Solar Tariff Exemption
SunPower Corporation (NASDAQ: SPWR ) shares jumped about 15 percent Tuesday after the company announced that certain interdigitated back contract solar cells and modules will be exempted from solar tariffs ...
- Kiplinger•5 hours ago
10 Companies Already Hurt by President Trump's Tariffs
If steep tariffs on goods imported into the United States are only part of a negotiating tactic from President Donald Trump, he certainly has committed to his bluff. Trump's tariffs - the first of which went into effect in early July and prompted an immediate, equivalent response from America's trade partners, including China - have been left in place long enough to start taking a measurable toll on American bottom lines. Most consumers and even most investors have yet to see or feel their impact. Despite the relatively civil trade war thus far, the global economy is robust, driving overall corporate earnings upward. Workers are enjoying their recent pay raises. Time is working against certain businesses, however. The ripple effect stemming from the initial victims' struggle could take weeks if not months to be fully felt on other fronts. And new tariffs are being imposed. It will take weeks and/or months to feel their full impact as well, even as those outfits start to feel the early ripples. Still, more than a few major publicly traded stocks have already taken hits related to Trump's tariffs (and other countries' retaliatory measures). Here are 10 companies that already have run into trade-war headwinds. SEE ALSO: The Best and Worst Presidents (According to the Stock Market)
- Zacks•6 hours ago
Are Options Traders Betting on a Big Move in SunPower (SPWR) Stock?
Investors need to pay close attention to SunPower (SPWR) stock based on the movements in the options market lately.
- ACCESSWIRE•6 hours ago
Today's Research Reports on Trending Tickers: SunPower and First Solar
NEW YORK, NY / ACCESSWIRE / September 19, 2018 / U.S. markets closed up Tuesday on the strength of upbeat corporate earnings and strong economic data. On Tuesday, China announced tariffs of between 5 to ...
- Motley Fool•22 hours ago
Why Cronos Group, Tilray, and SunPower Jumped Today
Find out why some of these stocks are on a real high.
- Motley Fool•22 hours ago
Why Enphase Energy Inc.'s Shares Popped 13% Today
It wasn't Enphase Energy itself but one of its partners that got good news today.
Reuters•yesterdaySunPower receives exemption from Trump tariffs, shares soar
(Reuters) - SunPower Corp on Tuesday said some of the solar cells and panels it produces overseas will be excluded from the Trump administration's 30 percent import tariffs, sending the company's shares up 15 percent. SunPower is based in San Jose, California but produces most of its solar products in Mexico and the Philippines. The exemption covers SunPower's premium, high-efficiency interdigitated back contact (IBC) cells and modules, which the company argued stood apart from the cheap, commoditized imports that dominate the market and were the target of the tariffs.
Reuters•yesterdaySunPower receives exemption from Trump tariffs, shares soar
SunPower is based in San Jose, California but produces most of its solar products in Mexico and the Philippines. The exemption covers SunPower's premium, high-efficiency interdigitated back contact (IBC) cells and modules, which the company argued stood apart from the cheap, commoditized imports that dominate the market and were the target of the tariffs. "With today's decision that SunPower's highly differentiated IBC cells and modules are excluded from tariffs, we are able to turn the page," SunPower Chief Executive Tom Werner said in a statement.
- Bloomberg•yesterday
Made in Mexico Good Enough for SunPower to Win Tariff Exemption
SunPower Corp., the second-biggest U.S. solar manufacturer, won’t have to pay import tariffs on the panels it makes in factories outside the country. The company was granted an exclusion from the U.S. tariffs on imported solar panels President Donald Trump imposed earlier this year, according to a statement Tuesday from San Jose, California-based SunPower. SunPower makes panels mostly in Mexico and Malaysia, and had argued that its products don’t pose the same threat to U.S. manufacturers as the Chinese producers that dominate the industry with lower-cost, less-efficient products.
Motley Fool•7 days agoWhy Solar Stocks Are Struggling in 2018
Demand is down, supply is up, and everyone is lowering prices.
- Bloomberg•7 days ago
Hurricane Florence's Brutal Winds Will Test the Carolinas Solar Boom
The nation’s second-biggest solar region is facing the first real-time test of its systems, with Hurricane Florence threatening the Carolinas with winds well in excess of 100 miles per hour and torrential rains. The Category 4 storm was packing 130 mile-per-hour winds (210 kilometer-per-hour) as of Wednesday, with landfall expected by the weekend. While most newer systems are designed to withstand 140 to 160 miles-per-hour winds, the Carolinas haven’t sustained a direct hit by such a large hurricane since its solar boom expanded in 2014.
- Zacks•12 days ago
SunPower Gains from Higher Residential & Commercial Demand
Focus on product enhancement and demand for residential Equinox solution aid SunPower (SPWR).
- Reuters•20 days ago
China's solar subsidy cuts erode the impact of Trump tariffs
A move by China to slash subsidies for domestic solar installations has unleashed a flood of low-cost Chinese-made panels onto the global market - pushing down prices and eroding the impact of U.S. President Donald Trump’s tariff on solar equipment imports, according to industry officials. The falling prices, however, will hurt panel manufacturers including China’s Jinko Solar and Korea’s Hanwha Q CELLS, which had announced hundreds of millions of dollars in U.S. solar manufacturing investments in the expectation that tariffs would boost their profits.
- Motley Fool•23 days ago
Why SunPower Is Killing Its Biggest Business
Shutting down a big business may not be a bad idea for SunPower.
- Motley Fool•28 days ago
SunPower Is Gaining Steam In Residential Solar
Others may be struggling, but SunPower is gaining market share and margins are rising in its residential solar business.
- Investopedia•last month
Top 3 Solar Stocks as of August 2018
Solar stocks took a beating in the second half of 2015 and throughout 2016, but the sector turned around in 2017. In fact, one exchange-traded fund (ETF) tracking the sector – the Guggenheim Solar ETF ( TAN) – generated impressive returns of over 54% last year. Solar stocks soared in the past due in part to federal tax credits for home solar installation and other incentives to stimulate the industry, but the sector was surprisingly resilient in 2017 despite a presidential administration that does not prioritize renewable energy to the same extent as its predecessor.
- Investor's Business Daily•last month
Know This Sell Signal: When Stock Leaders Stage Big Downside Reversals
SunPower in 2007, Regeneron Pharmaceuticals in 2015, and Randgold in 2016 both triggered an important sell signal: a sharp reversal to the downside in unusually heavy volume.
- PR Newswire•last month
National Parks Conservation Association Teams Up with SunPower to Help Reduce Carbon Emissions and Improve Air Quality in Communities Nationwide
SAN JOSE, Calif., Aug. 13, 2018 /PRNewswire/ -- For nearly 100 years, National Parks Conservation Association (NPCA) has worked to protect and preserve America's most iconic and inspirational places for present and future generations. Through a new program with SunPower (SPWR), NPCA will provide opportunities for its members and supporters to go solar, thereby helping to reduce carbon emissions and improve air quality.
- InvestorPlace•last month
Solar Stocks Are Still Attractive – Despite Recent Rally
Many solar stocks rallied this week after Daqo New Energy (NYSE: DQ), a Chinese company that makes polysilicon used to develop solar modules, reported much stronger than expected results. Importantly, Daqo also clarified that, contrary to the expectations of many, global solar energy demand is not collapsing. Despite the recent rally in solar energy stocks, many of the names in the sector, including JinkoSolar (NYSE: JKS), Daqo, SunPower (NASDAQ: SPWR), and SolarEdge (NASDAQ: SEDG), remain extremely undervalued. Given the multiple positive upcoming catalysts for the solar energy sector, investors should buy those solar stocks.
- GlobeNewswire•last month
Consolidated Research: 2018 Summary Expectations for SunPower, Vulcan Materials, Nielsen Holdings Plc, Voya Financial, Antero Resources, and Knight-Swift Transportation — Fundamental Analysis, Key Performance Indications
NEW YORK, Aug. 10, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of SunPower ...
- GlobeNewswire•last month
Enphase Energy Completes Acquisition of SunPower’s Microinverter Business
Enphase Energy, Inc. (ENPH), and SunPower Corp. (SPWR), today announced that Enphase has completed the previously announced acquisition of SunPower’s microinverter business for a total of $25 million in cash and 7.5 million shares of Enphase common stock. “We are excited to close the acquisition of SunPower’s microinverter business ahead of plan,” said Badri Kothandaraman, president and CEO of Enphase Energy.
