Here's What You Have to Know About Solar Energy Stocks This Week
There's been some hope that solar companies will see a recovery soon, but 's (NASDAQ: SPWR) results last week poured cold water on that idea. Not only was the company forced to raise capital at onerous terms, it also said hardware costs are expected to come down, which would mean lower revenue for everyone else in the value chain.
Travis Hoium digs into the results in this video.
*Stock prices used were end-of-day prices of Feb. 16, 2024. The video was published on Feb. 18, 2024.
Source Fool.com
Sunpower Corp. Stock
€2.19
7.770%
Currently there is a rather negative sentiment for Sunpower Corp. with 9 Buy predictions and 13 Sell predictions..
On the other hand, the target price of 7 € is above the current price of 2.19 € for Sunpower Corp., so the potential is actually 220.37%.