SPWR - SunPower Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
7.22
+0.20 (+2.85%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Price Crosses Moving Average

Price Crosses Moving Average

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close7.02
Open7.00
Bid7.20 x 3000
Ask7.25 x 900
Day's Range6.91 - 7.25
52 Week Range4.03 - 16.04
Volume2,216,749
Avg. Volume3,844,365
Market Cap1.227B
Beta (5Y Monthly)2.25
PE Ratio (TTM)10.15
EPS (TTM)0.71
Earnings DateJul 29, 2020 - Aug 03, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est6.17
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Canadian Solar: Focus on Long-Term Growth After Earnings Beat
    GuruFocus.com

    Canadian Solar: Focus on Long-Term Growth After Earnings Beat

    The stock fell more than 5.4% Continue reading...

  • SunPower Announces Exclusive $1,000 Rebate for Veterans and Active Duty Military
    PR Newswire

    SunPower Announces Exclusive $1,000 Rebate for Veterans and Active Duty Military

    In honor of Memorial Day, SunPower (NASDAQ:SPWR) is now offering an ongoing exclusive $1,000 home solar VISA Reward Card Rebate¹ for veterans and active duty military.

  • SunPower Receives Regulatory Approval for Maxeon's Spin-Off
    Zacks

    SunPower Receives Regulatory Approval for Maxeon's Spin-Off

    SunPower (SPWR) aims at becoming a pure-play distributed generation energy services company, after the spin-off.

  • 5 Renewable Energy Stocks to Buy Right Now
    Motley Fool

    5 Renewable Energy Stocks to Buy Right Now

    The oil industry is usually a pretty boring place to invest. Not lately, though. Oil prices have been swinging wildly for the past few weeks, but they haven't swung anywhere close to the $60/barrel they reached in February.

  • SunPower's Planned Maxeon Solar Technologies Spin-Off Receives Key Regulatory Approval
    PR Newswire

    SunPower's Planned Maxeon Solar Technologies Spin-Off Receives Key Regulatory Approval

    SunPower Corp. (NASDAQ:SPWR) today announced that its planned company split into two independent, pure-play solar companies took an important step forward when Maxeon Solar Technologies' future investor and long-time partner Tianjin Zhonghuan Semiconductor Co. (TZS), received necessary regulatory approval from China's State Administration for Market Regulation.

  • GlobeNewswire

    Clairvest Acquires Solar O&M Business of SunPower, Rebrands it as NovaSource Power Services

    Upon closing the business will be renamed NovaSource Power Services (“NovaSource” or the “Company”). NovaSource is a recognized O&M leader in commercial, industrial and utility scale solar projects.

  • SunPower Leaning Into a Digital Future For Solar Energy
    Motley Fool

    SunPower Leaning Into a Digital Future For Solar Energy

    When COVID-19 began to wreak havoc on the solar industry, resulting in the loss of tens of thousands of jobs, it seemed obvious that most residential solar companies would be impacted in a similar way. SunPower's Design Studio makes it easier for customers to begin creating a solar installation design than any other U.S. installer. Over the last two months, installers like Vivint Solar (NYSE: VSLR) and Sunrun (NASDAQ: RUN) have scrambled to increase online sales of solar products.

  • Solar ETF Shines on Mostly Upbeat Q1 Earnings
    Zacks

    Solar ETF Shines on Mostly Upbeat Q1 Earnings

    Solar companies' earnings came in upbeat-to-mixed in Q1, which facilitated a super rally in the pure-play fund past week.

  • SunPower (SPWR) Q1 Loss Narrower Than Expected, Revenues Beat
    Zacks

    SunPower (SPWR) Q1 Loss Narrower Than Expected, Revenues Beat

    SunPower's (SPWR) first-quarter top line improves 10.4% year over year on higher sales of solar power systems, components and solar services.

  • Why SunPower Shares Popped 15% on Friday
    Motley Fool

    Why SunPower Shares Popped 15% on Friday

    SunPower reported revenue of $449.2 million in the quarter, gross margin of 8.3%, and an adjusted loss of $17.3 million, or $0.10 per share. While losses are never good, SunPower's digitized sale process has held up well, and the company is making progress turning the commercial business into a profitable operation. Investors are still speculating on what the rest of the year will look like, but right now SunPower is performing even better than expected in a seasonally weak quarter with COVID-19 headwinds.

  • Barrons.com

    Why Solar Stocks Are Persevering Through the Downturn

    The transition to renewable energy remains a long-term trend that investors still want to bet on regardless of the current level of demand.

  • SunPower (SPWR) Q1 2020 Earnings Call Transcript
    Motley Fool

    SunPower (SPWR) Q1 2020 Earnings Call Transcript

    On the call today, we will start off with a strategic overview from Tom Werner, CEO of SunPower, who will also provide an update on our SPES business followed by Jeff Waters, CEO of SPT and Maxeon, who will discuss our international business. Manu Sial, our CFO, will then review our first-quarter 2020 financial results before turning the call back to Tom for guidance.

  • Thomson Reuters StreetEvents

    Edited Transcript of SPWR earnings conference call or presentation 7-May-20 8:30pm GMT

    Q1 2020 SunPower Corp Earnings Call

  • SunPower (SPWR) Reports Q1 Loss, Tops Revenue Estimates
    Zacks

    SunPower (SPWR) Reports Q1 Loss, Tops Revenue Estimates

    SunPower (SPWR) delivered earnings and revenue surprises of 52.38% and 2.82%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • Forget SunPower. SolarEdge Technologies Is a Better Solar Stock
    Motley Fool

    Forget SunPower. SolarEdge Technologies Is a Better Solar Stock

    SunPower has been around much longer and has a big money supporter, but SolarEdge has proven to be the more lucrative business.

  • Is a Beat in Store for SunPower Corp's (SPWR) Q1 Earnings?
    Zacks

    Is a Beat in Store for SunPower Corp's (SPWR) Q1 Earnings?

    SunPower's (SPWR) Q1 performance is likely to have benefited from strong demand growth in its commercial business and booking strength. Project delays might have marred the performance.

  • GlobeNewswire

    Tech CU Partners with SunPower to Provide $1 Billion in Solar Financing

    Tech CU (Technology Credit Union) announced today it will provide $1 billion in financing for residential solar loans via a partnership with SunPower, a sustainable energy company that provides customers with complete solar solutions and services. “We have enjoyed unprecedented success as one of the first lenders to partner with third party finance providers in this space, and are thrilled to add SunPower, a premium solar equipment manufacturer and solution provider, to our growing list of solar funding partners,” said Todd Harris, CEO of Tech CU.

  • SunPower Pops 6% on $1 Billion Financing Partnership With Tech CU
    SmarterAnalyst

    SunPower Pops 6% on $1 Billion Financing Partnership With Tech CU

    Shares in SunPower Corp. (SPWR) rose more than 6% as the U.S. solar company announced it teamed up with funding partner Technology Credit Union (Tech CU) to secure $1 billion in solar and storage financing for the coming four years.SunPower’s shares surged 6% to $7.55 in early morning U.S. trading. The stock has surged over 60% since mid-March. The partnership will give SunPower access to capital for its loan program and will increase financing options for qualified U.S. residential solar customers, the company said."Our new partnership with Tech CU will diversify SunPower's funding resources while providing our customers with a streamlined process and experience," said Norm Taffe, executive vice president of North American Channels at SunPower. "This $1 billion commitment will also allow for tens of thousands of SunPower solar systems to be funded over the course of the next four years."SunPower, which is majority-owned by French energy giant Total SA (TOT), makes solar panels for roof tops and specializes in residential and commercial solar installations.The partnership will enable SunPower to reduce operating costs through lower per-watt financing fees and streamline the loan application and contract signing process for customers, the energy company said. In addition, the utilization of a financing platform that integrates SunPower's sales and system design tools will give customers the ability to compare cash, lease or loan acquisition options all at one time, it said.Wall Street analysts are sidelined on SunPower’s stock as the consensus recommends investors Hold the stock. The consensus rating is divided into 5 Holds, 4 Buys and 2 Sells. The $8.93 average price target forecasts shares will soar 19% in the coming 12 months. (See SunPower stock analysis on TipRanks)Related News: Total Sticks to Dividend Payout Despite Quarterly Profit Plunge Starbucks to Reopen 85% of U.S. Stores This Week; Fitch Cuts Rating to BBB WestRock Reports Quarterly Sales Miss, Slashes Dividend Payout By 57% More recent articles from Smarter Analyst: * Tesla’s California Auto Plant Gets Go-Ahead to Reopen Next Week * Pfizer Plans To Test Covid-19 Vaccine On Thousands Of Patients By September- Report * Uber Rejects GrubHub’s All-Stock Proposal – Report * Gilead Signs Remdesivir Licensing Agreements With Five Drugmakers

  • SunPower Secures $1 Billion in Solar + Storage Financing Through New Partnership with Tech CU
    PR Newswire

    SunPower Secures $1 Billion in Solar + Storage Financing Through New Partnership with Tech CU

    SunPower Corp. (NASDAQ:SPWR) today announced that a new $1 billion partnership with Technology Credit Union (Tech CU) will increase financing options for qualified U.S. residential solar customers. The new partnership will give SunPower access to capital for its loan program.

  • 3 Tech Growth Stocks to Consider
    GuruFocus.com

    3 Tech Growth Stocks to Consider

    SunPower Corp tops the list Continue reading...

  • SunPower (SPWR) Expected to Beat Earnings Estimates: Should You Buy?
    Zacks

    SunPower (SPWR) Expected to Beat Earnings Estimates: Should You Buy?

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

  • SunPower Offering Home Solar Systems for $0 Down and "6 Months on Us"
    PR Newswire

    SunPower Offering Home Solar Systems for $0 Down and "6 Months on Us"

    SunPower Corp. (NASDAQ:SPWR) today introduced an unparalleled new solar promotion to provide energy savings and security to U.S. families in immediate need of payment flexibility.

  • SunPower to Announce First-Quarter Results on May 7, 2020
    PR Newswire

    SunPower to Announce First-Quarter Results on May 7, 2020

    SunPower Corp. (NASDAQ:SPWR) will discuss its first-quarter results on a conference call, Thursday, May 7, at 1:30 p.m. Pacific Time. The call-in number is (877) 371-5747 passcode: SunPower, or the webcast can be accessed from SunPower's website at http://investors.sunpower.com/events.cfm.

  • SunPower idles factories as coronavirus hits solar demand
    Reuters

    SunPower idles factories as coronavirus hits solar demand

    The company, which primarily makes panels for the rooftop solar market, idled facilities in France, Malaysia, Mexico, the Philippines and the United States, it said in a filing with the U.S. Securities and Exchange Commission. SunPower said it expected to bring the factories back online "in the coming weeks." SunPower officials were not immediately able to say how many employees would be affected by the move.

  • SunRun Gains on Q1 Preliminary Results, Cancels 2020 View
    Zacks

    SunRun Gains on Q1 Preliminary Results, Cancels 2020 View

    Sunrun (RUN) deploys 97.4 megawatts (MW) of its systems in the first quarter of 2020, an improvement of 13.3% when compared with the prior-year quarter figure.