Sunpower Corp. Stock
Sunpower Corp. Stock
Pros and Cons of Sunpower Corp. in the next few years
Pros
Cons
Performance of Sunpower Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Sunpower Corp. | -1.440% | 15.409% | -21.899% | -82.184% | -53.962% | -90.504% | -68.687% |
| Tecogen (new) New | -2.360% | 2.419% | 7.627% | -22.561% | -3.788% | -51.527% | -80.341% |
| Amaresco Inc. A | 1.170% | 0.553% | -9.747% | -50.434% | -32.088% | -54.545% | 37.931% |
| Plug Power Inc. | 1.290% | 3.411% | -21.381% | -70.706% | -46.179% | -90.348% | 3.248% |
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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.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
News
SunPower Stock Is Down 55% This Year. Is It a Buy?
A seemingly never-ending storm has hovered over SunPower (NASDAQ: SPWR), which is at a record low with shares down more than 85% in the past year and 55% so far in 2024.
The latest setback came
1 Wall Street Analyst Cuts SunPower's Price Target by 33%. Here's Why He's Right (and Wrong)
SunPower (NASDAQ: SPWR) spooked investors back in February when it warned that, "as a result of the time and effort that was required to complete ... restatements" of certain financial reports, it
Is SunPower Stock Going to $2.50? 1 Wall Street Analyst Thinks So.
The sun isn't going to shine on SunPower (NASDAQ: SPWR), at least as far as investors are concerned. That's the latest take from an analyst tracking the solar stock. In mid-March he cut his price