The Technical Analyst
SunPower Corp [SPWR]
Exchange: NASDAQ Sector: Technology Industry: Solar
SunPower Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
-1.28% $1.935
America/New_York / 24 apr 2024 @ 13:57
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 339.55 mill |
| EPS: | -1.300 |
| P/E: | -1.490 |
| Earnings Date: | May 01, 2024 |
| SharesOutstanding: | 175.48 mill |
| Avg Daily Volume: | 6.68 mill |
| RATING 2024-04-23 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Buy | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Strong Buy | |
| P/E: | Neutral | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -1.490 | sector: PE -1.697 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -0.01x |
| Company: PE -1.490 | industry: PE 108.83 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 1.683 - 2.21 ( +/- 13.61%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-05 | Gip Iii Sol Holdings, L.p. | Buy | 35 077 905 | Common Stock |
| 2024-03-05 | Gip Iii Sol Holdings, L.p. | Sell | 107 907 | Common Stock |
| 2024-03-05 | Gip Iii Sol Holdings, L.p. | Sell | 1 | Warrant (right to buy) |
| 2024-03-05 | Totalenergies Se | Buy | 35 077 905 | Common Stock |
| 2024-03-05 | Totalenergies Se | Sell | 107 907 | Common Stock |
| INSIDER POWER |
|---|
| 98.64 |
| Last 94 transactions |
| Buy: 70 893 271 | Sell: 627 821 |
Forecast:
15:35 - $1.940
Live Trading Signals (every 1 min)
Forecast
1: 14:05 - $1.934
Forecast 2: 14:55 - $1.947
Forecast 3: 15:35 - $1.940
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $1.935 (-1.28% ) |
| Volume | 3.45 mill |
| Avg. Vol. | 6.68 mill |
| % of Avg. Vol | 51.56 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For SPWR
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $3.23 | N/A | Active |
|---|
SPWR
SunPower Corporation, a solar technology and energy services provider, offers solar, storage, and home energy solutions to customers primarily in the United States and Canada. It operates through Residential, Light Commercial; Commercial and Industrial Solutions; and Others segments. The company provides solar, storage, and home energy solutions and components through a combination of its third-party installing and non-installing dealer network and resellers, as well as in-house sales team; and turn-key engineering, procurement, and construction services and sale of energy under power purchase agreements. It also offers commercial roof, carport, and ground mounted systems; and post-installation monitoring and maintenance services. In addition, the company provides residential leasing services, as well as sells inverters manufactured by third parties. It primarily serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of TotalEnergies SE.
Latest Press Releases
2024-03-21 16:30:00 - Press Release
Sunpower Receives Notification Of Deficiency From Nasdaq Related To Delayed Filing Of Annual Report On Form 10-k
Richmond, calif. , march 21, 2024 /prnewswire/ -- sunpower (nasdaq:spwr) received on march 20, 2024, a notice (the "notice") from the nasdaq stock market llc ("nasdaq") indicating that the company is not in compliance with nasdaq listing rule 5250(c)(1) (the "listing rule"), which requires timely filing of all required periodic financial reports with the sec, as a result of not having timely filed the form 10-k with the sec, as described more fully in the company's notification of late filing on form 12b-25 filed with the sec on february 29, 2024.
2024-03-14 09:05:00 - Press Release
Sunpower Appoints Chief Revenue Officer
Tony garzolini rejoins the company in a newly created role as sunpower deepens focus on profitability and dealer experience richmond, calif. , march 14, 2024 /prnewswire/ -- sunpower corp. (nasdaq:spwr) a leading residential solar technology and energy services provider, today announced the appointment of residential solar and home energy veteran, tony garzolini, as executive vice president and chief revenue officer (cro).
2024-02-29 09:05:00 - Press Release
Sunpower Announces Delay In Filing Form 10-k
Richmond, calif. , feb. 29, 2024 /prnewswire/ -- sunpower corp. (nasdaq:spwr), (the "company" or "sunpower"), a leading residential solar technology and energy services provider, today announced that it filed a form 12b-25 with the securities and exchange commission to provide notice of the delayed filing of its annual report on form 10-k ("form 10-k") for the fiscal year ended december 31, 2023.
2024-02-27 09:05:00 - Press Release
Sunpower Announces Ceo Transition
Board establishes office of the chairman to lead business operations as peter faricy departs board is conducting a comprehensive ceo search richmond, calif. , feb. 27, 2024 /prnewswire/ -- sunpower corp. (nasdaq: spwr), (the "company" or "sunpower"), a leading residential solar technology and energy services provider, today announced that chief executive officer (ceo) peter faricy has departed the company, effective february 26, 2024.
2024-02-23 08:30:00 - Press Release
Sunpower Secures More Than $300m In Project Financing Commitments For Industry-leading Residential Solar And Storage Lease Programs
Builds on the recent capital raise to provide sunpower with access to more than half a billion dollars in financing richmond, calif., feb. 23, 2024 /prnewswire/ -- sunpower corp. (nasdaq:spwr), (the "company" or "sunpower"), a leading residential solar technology and energy services provider, today announced that it has secured over $300 million in project financing commitments from funds managed by apollo (nyse: apo) (the "apollo funds"), atlas sp partners, ("atlas sp") and hannon armstrong sustainable infrastructure capital, inc. (nyse: hasi) ("hasi") for its residential solar and storage lease programs, which will be paid upon installation.
Latest News
2024-04-24 12:21:43 - InvestorPlace
SunPower Layoffs 2024: What to Know About the Latest SPWR Job Cuts
SunPower (NASDAQ: SPWR ) layoffs have the have the solar technology and energy services company cutting 1,000 jobs to reduce operating costs. SunPower notes that these layoffs will result in charges of about $28 million.
2024-04-24 11:08:34 - Zacks Investment Research
Earnings Preview: SunPower (SPWR) Q1 Earnings Expected to Decline
SunPower (SPWR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
2024-04-24 09:24:06 - Reuters
Solar company SunPower to reduce workforce, shut business segments
Solar company SunPower said on Wednesday it plans to reduce its workforce and shut down certain business segments as part of a restructuring plan to help lower costs.
2024-04-16 15:16:21 - InvestorPlace
5 Stocks to Sell Immediately
Last week, I recommended “5 Stocks to Buy as Interest Rates Begin to Fall.” Declining borrowing costs looked set to turn these loss-making firms profitable again – a historically bullish sign for stocks.
2024-04-09 11:06:35 - The Motley Fool
1 Wall Street Analyst Cuts SunPower's Price Target by 33%. Here's Why He's Right (and Wrong)
Susquehanna International cut its price target on SunPower stock to $3 on Friday. The new price target implies SunPower stock will rise this year, but the company's sales and earnings are expected to get worse.
2024-03-26 08:46:09 - Invezz
Shorts prevail as SunPower, Volcon, Upstart (UPST) stocks plunge
Short-sellers have lost a fortune this year as American equities have continued soaring. The Nasdaq 100 and S&P 500 indices have surged to a record high and analysts expect that this trend may continue this year.
2024-03-15 17:32:08 - The Motley Fool
Why Solar Energy Stocks Cratered Again This Week
Interest rates were up modestly this week, in contrast to the decrease investors were expecting. The viability of some of these solar companies is coming into question.
2024-02-29 17:58:31 - The Motley Fool
Why SunPower Stock Slumped on Thursday
The solar energy specialist admitted an important regulatory filing would be delayed. The company needs more time to compile its 10-K annual report.
2024-02-25 06:55:00 - The Motley Fool
SunPower Stock Has 34% Upside, According to 1 Wall Street Analyst
UBS raised its price target on the shares following the publication of fourth-quarter results. Despite the upside implied by the new level, the bank's recommendation remains neutral.
2024-02-22 10:47:04 - Forbes
How SunPower Narrowly Avoided Bankruptcy With ‘Trojan Horse' Rescue Deal
SunPower reported pretty dismal 2023 results last week. For the year the residential solar company lost $247 million on $1.7 billion in revenue.