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Price
Target price
€2.94

€2.94

2.050%
0.059
2.050%
€7.62
 
01.03.24 / Tradegate WKN: A1JNM7 / Symbol: SPWR / Name: SunPower / Stock / Renewable Energy / Small Cap /
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Sunpower Corp. Stock

There is an upward development for Sunpower Corp. compared to yesterday, with an increase of €0.059 (2.050%).
Currently there is a rather negative sentiment for Sunpower Corp. with 9 Buy predictions and 12 Sell predictions..
On the other hand, the target price of 7 € is above the current price of 2.94 € for Sunpower Corp., so the potential is actually 138.18%.
Our community identified positive and negative aspects for Sunpower Corp. stock for the coming years. 4 users see the criterium "Worthwhile Investment for the next years" as a plus for the Sunpower Corp. stock. On the other hand our users think that "General Risks" could be a problem in the future.

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

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Performance of Sunpower Corp. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Sunpower Corp. 2.050% -0.153% -13.762% -79.508% -33.265% -90.730% -48.439%
Tecogen (new) New 0.890% 0.893% -11.719% -36.872% -14.394% -67.714% -82.879%
Amaresco Inc. A -4.240% -3.842% -10.125% -58.840% -38.812% -64.317% 22.585%
Plug Power Inc. 7.930% 27.782% -17.764% -73.289% -16.294% -91.821% 125.316%

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 Buy
Perf. (%) -10.53%
Target price 5.549
Change
Ends at 20.02.25

SunPower Co. (NASDAQ: SPWR) had its price target lowered by analysts at Evercore ISI from $7.00 to $6.00. They now have an "outperform" rating on the stock.
Ratings data for SPWR provided by MarketBeat
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SunPower Co. (NASDAQ: SPWR) was downgraded by analysts at Guggenheim from a "neutral" rating to a "sell" rating.
Ratings data for SPWR provided by MarketBeat
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Prediction Sell
Perf. (%) 2.24%
Target price 2.294
Change
Ends at 22.01.25

SunPower Co. (NASDAQ: SPWR) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $4.00 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 Stock Slumped on Thursday: https://g.foolcdn.com/editorial/images/767564/person-seated-at-a-desk-with-two-pc-monitors-holding-head-in-hands.jpg
Why SunPower Stock Slumped on Thursday

Whenever a company delays a regulatory filing, particularly one involving quarterly or annual financial updates, some investors fear the worst. After all, such filings are a normal and expected

SunPower Stock Has 34% Upside, According to 1 Wall Street Analyst: https://g.foolcdn.com/editorial/images/766545/two-adults-and-a-baby-touching-a-solar-panel-array.jpg
SunPower Stock Has 34% Upside, According to 1 Wall Street Analyst

Even though the market seems to have a less-than-sunny view of solar stocks just now, one analyst recently upped his price target on sector mainstay SunPower (NASDAQ: SPWR). SunPower has an upside

Why Solar Energy Stocks Plunged This Week: https://g.foolcdn.com/editorial/images/766626/solar-farm-in-mountains.jpg
Why Solar Energy Stocks Plunged This Week

There wasn't much good news for the solar industry this week, as earnings season brought bad report after bad report. Residential solar companies are suffering most because of policy changes in