Analysts rate SunPower Corporation (SPWR:NSD) with a Hold rating and a $21 target

STA Research
by: STA Research
SunPower Corporation

Based on the SunPower stock forecast from 13 analysts, the average analyst SPWR stock price target is USD 21.73 over the next 12 months. SunPower Corporation’s average analyst rating is Hold. Stock Target Advisor’s own stock analysis of SunPower stock is Very Bearish, which is based on 0 positive signals and 6 negative signals. At the last closing, SunPower stock price was USD 27.37SunPower stock price has changed by +3.37% over the past week, +3.29% over the past month and +28.44% over the last year.

About SunPower Corporation (SPWR:NSD):

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. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of TotalEnergies SE.

 

Most Recent Analyst Ratings for SunPower:

 

What we like:

There is nothing we particularly like about SunPower stock.

 

What we don’t like:

Overpriced compared to earnings:

SPWR stock price is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value:

SPWR stock price is trading high compared to its peers median on a price to book value basis.

Highly leveraged:

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the SunPower stock forecast and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Negative cashflow:

SunPower stock had negative total cash flow in the most recent four quarters.

Negative free cash flow:

SunPower stock had negative total free cash flow in the most recent four quarters.

Low Revenue Growth:

SPWR stock has shown below median revenue growth in the previous 5 years compared to its sector

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