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Price
Target price
€1.91

€1.91

-14.520%
-0.323
-14.520%
€6.30
 
05.07.24 / Tradegate WKN: A1JNM7 / Symbol: SPWR / Name: SunPower / Stock / Renewable Energy / Small Cap /
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Sunpower Corp. Stock

Sunpower Corp. took a tumble today and lost -€0.323 (-14.520%).
Our community is currently low on Sunpower Corp. with 9 Buy predictions and 15 Sell predictions.
However, we have a potential of 213.45% for Sunpower Corp. as the target price of 6 € is above the current price of 1.91 €.
For the coming years our community has positive and negative things to say abot the Sunpower Corp. stock. Criterium "Worthwhile Investment for the next years" gathered the most positive votes but regarding "General Risks" there were negative voices in the community.

Pros and Cons of Sunpower Corp. in the next few years

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Tell us your opinion to access the 'Wisdom of the Crowds'

Performance of Sunpower Corp. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Sunpower Corp. -14.520% -30.620% -35.657% -78.548% -56.535% -92.115% -81.804%
Tecogen (new) New -0.830% -1.653% -6.299% -29.167% -9.848% -59.524% -79.340%
Amaresco Inc. A -0.480% -6.320% -24.051% -43.498% -14.431% -52.453% 96.231%
Plug Power Inc. 4.900% 10.147% -13.670% -75.596% -43.722% -91.178% 13.814%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-04-15

SunPower Corporation (NASDAQ: SPWR) is a prominent player in the renewable energy industry, mainly involved in the solar power sector. A quick glance at the company's financials reveals mixed signals, indicating that there is a need to dive deeper into their financial statements to get a better understanding of their financial health.

Revenue Growth: SunPower has been achieving consistent revenue growth over the years. Total revenue increased significantly from $1.12 billion in 2020 to $1.32 billion in 2021 and reached $1.74 billion in 2022. This indicates healthy growth prospects for the company in the renewable energy industry.

Improved Gross Profit: The company's gross profit has been on an upward trajectory, rising from $167 million in 2020 to $221 million in 2021 and further to $364 million in 2022. This improvement suggests that SunPower is becoming more efficient in managing its cost of goods sold, thereby enhancing its profitability.

Comments

Prediction Sell
Perf. (%) -34.28%
Target price 1.842
Change
Ends at 05.06.25

SunPower Co. (NASDAQ: SPWR) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $2.25 to $2.00. They now have a "sell" rating on the stock.
Ratings data for SPWR provided by MarketBeat
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Prediction Sell
Perf. (%) -40.18%
Target price 1.841
Change
Ends at 15.05.25

SunPower Co. (NASDAQ: SPWR) was downgraded by analysts at Wolfe Research from a "peer perform" rating to an "underperform" rating. They now have a $2.00 price target on the stock.
Ratings data for SPWR provided by MarketBeat
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Prediction Sell
Perf. (%) -29.47%
Target price 2.313
Change
Ends at 28.03.25

SunPower Co. (NASDAQ: SPWR) had its price target lowered by analysts at Citigroup Inc. from $3.00 to $2.50. They now have a "sell" rating on the stock.
Ratings data for SPWR provided by MarketBeat
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News

Why SunPower Plunged Today: https://g.foolcdn.com/editorial/images/782662/team-installing-solar-panels-renewable-energy.jpg
Why SunPower Plunged Today

Shares of residential solar company SunPower (NASDAQ: SPWR) were plunging in Friday trading, down 22.4% as of 2:12 p.m. ET.

The company released an 8-K form late Wednesday, July 3, informing

Why ChargePoint, SunPower, and Sunnova Energy Stocks All Popped Today: https://g.foolcdn.com/editorial/images/780420/3-colorful-arrows-racing-straight-up-on-a-black-background.jpg
Why ChargePoint, SunPower, and Sunnova Energy Stocks All Popped Today

New inflation data came out Wednesday, and the news is good for stock investors, particularly for those holding highly-shorted green energy momentum stocks in particular. According to the U.S

Is SunPower Stock Ready to Lead the Solar Market?: https://www.marketbeat.com/logos/articles/med_20240609120725_chartz-spwr.jpg
Is SunPower Stock Ready to Lead the Solar Market?

SunPower Co. (NASDAQ: SPWR) offers solar products, including high-efficiency solar panels and complete solar systems, to businesses and homeowners. SunPower manufactures its own photovoltaic