​

SunPower (SPWR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SPWR Stock Forecast

SunPower stock forecast is as follows: an average price target of $17.50 (represents a 87400.00% upside from SPWR’s last price of $0.02) and a rating consensus of 'Hold', based on 21 wall street analysts offering a 1-year stock forecast.

SPWR Price Target

The average price target for SunPower (SPWR) is $17.50 based on 1-year price targets from 21 Wall Street analysts in the past 3 months, with a price target range of $28.00 to $3.00. This represents a potential 87400.00% upside from SPWR's last price of $0.02.

SPWR Analyst Ratings

Hold

According to 21 Wall Street analysts, SunPower's rating consensus is 'Hold'. The analyst rating breakdown for SPWR stock is 0 'Strong Buy' (0.00%), 7 'Buy' (33.33%), 11 'Hold' (52.38%), 3 'Sell' (14.29%), and 0 'Strong Sell' (0.00%).

SunPower Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 23, 2024Sean MorganMorgan Stanley$6.00$2.14180.37%29900.00%
Apr 05, 2024Biju PerincherilSusquehanna$3.00$2.855.26%14900.00%
Feb 03, 2023Wells Fargo$19.00$17.965.76%94900.00%
Jan 31, 2023Goldman Sachs$14.00$17.43-19.68%69900.00%
Jan 10, 2023Morgan Stanley$25.00$17.2744.72%124900.00%
Nov 15, 2022Deutsche Bank$16.00$22.03-27.37%79900.00%
Sep 08, 2022Goldman Sachs$18.00$27.84-35.36%89900.00%
Aug 18, 2022Morgan Stanley$31.00$25.8619.88%154900.00%
Aug 08, 2022J.P. Morgan$25.00$23.964.34%124900.00%
Aug 03, 2022Raymond James$25.00$21.7015.21%124900.00%
Jul 20, 2022J.P. Morgan$20.00$17.5214.12%99900.00%
Jun 29, 2022Michael BlumWells Fargo$17.00$15.1512.17%84900.00%
Jun 20, 2022Brian LeeGoldman Sachs$13.00$17.93-27.50%64900.00%
Jun 13, 2022Morgan Stanley$22.00$16.7131.66%109900.00%
May 02, 2022Truist Financial$18.00$16.787.27%89900.00%
Feb 15, 2022Jon WindhamUBS$17.00$17.09-0.53%84900.00%
Feb 02, 2022Maheep MandloiCredit Suisse$17.00$15.767.87%84900.00%
Jan 21, 2022Jeff OsborneCowen & Co.$28.00$15.8077.22%139900.00%
Oct 20, 2021Moses SuttonBarclays$22.00$28.80-23.61%109900.00%

The latest SunPower stock forecast, released on Apr 23, 2024 by Sean Morgan from Morgan Stanley, set a price target of $6.00, which represents a 180.37% increase from the stock price at the time of the forecast ($2.14), and a 29900.00% increase from SPWR last price ($0.02).

SunPower Price Target by Period

1M3M12M
# Anlaysts--2
Avg Price Target--$4.50
Last Closing Price$0.02$0.02$0.02
Upside/Downside-100.00%-100.00%22400.00%

In the current month, the average price target of SunPower stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SunPower's last price of $0.02. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jul 23, 2024Goldman SachsSellSellHold
Jul 23, 2024StephensEqual-WeightEqual-WeightHold
Jul 23, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Jul 23, 2024RBC CapitalSector PerformSector PerformHold
Jul 23, 2024Deutsche BankHoldHoldHold
Jul 15, 2024ScotiabankUnderperformUnderperformHold
Jul 15, 2024SusquehannaSector PerformSector PerformHold
Jul 15, 2024GLJ ResearchSellSellHold
May 15, 2024Wolfe ResearchPeer PerformUnderperformDowngrade
May 14, 2024GLJ ResearchSellSellHold
Apr 23, 2024Evercore ISIOutperformDowngrade
Apr 05, 2024SusquehannaNeutralNeutralHold
Oct 17, 2023Morgan StanleyEqual-WeightUnderweightDowngrade
Oct 03, 2023Raymond JamesOutperformOutperformHold
Jul 12, 2023Raymond JamesOutperformStrong BuyUpgrade
May 12, 2023WedbushNeutralNeutralHold
May 04, 2023CFRANeutralNeutralHold
Apr 22, 2023CitigroupNeutralNeutralHold
Apr 13, 2023Bank of America SecuritiesOutperformNeutralUpgrade
Mar 30, 2023Goldman SachsSellNeutralUpgrade
Feb 09, 2023BarclaysOverweightInitialise
Feb 09, 2023Canaccord GenuityBuyInitialise
Feb 09, 2023Loop Capital MarketsBuyInitialise
Feb 09, 2023BenchmarkBuyInitialise
Feb 03, 2023Wells FargoEqual-WeightEqual-WeightHold
Jan 31, 2023Goldman SachsSellSellHold
Jan 10, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Jan 08, 2023Wells FargoEqual-WeightPositiveUpgrade
Jan 06, 2023Wells FargoUnderweightEqual-WeightUpgrade
Dec 13, 2022Wolfe ResearchPeer PerformInitialise
Nov 15, 2022Deutsche BankHoldInitialise
Nov 10, 2022Credit SuisseNeutralUpgrade
Oct 12, 2022Bank of America SecuritiesOutperformDowngrade
Oct 07, 2022CFRAHoldUpgrade
Sep 08, 2022Goldman SachsSellSellHold
Aug 18, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 03, 2022Raymond JamesOutperformOutperformHold
Jul 12, 2022Raymond JamesOutperformOutperformHold
Jun 29, 2022Wells FargoUnderweightInitialise
Jun 21, 2022Goldman SachsNeutralBuyDowngrade
Jun 20, 2022Goldman SachsNeutralDowngrade
Jun 13, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Feb 15, 2022UBSNeutralUpgrade

SunPower's last stock rating was published by Goldman Sachs on Jul 23, 2024. The company gave SPWR a "Sell" rating, the same as its previous rate.

SunPower Financial Forecast

SunPower Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$356.90M$432.00M$463.85M$440.88M$384.53M$475.71M$417.77M$350.28M$341.81M$323.64M$308.93M$306.40M-$274.81M$352.91M$449.19M$603.76M$475.96M
Avg Forecast$492.00M$476.75M$461.50M$431.00M$492.00M$476.75M$461.50M$214.33M$319.66M$310.57M$333.80M$324.46M$364.74M$453.49M$476.32M$419.03M$487.99M$431.08M$362.18M$331.43M$374.70M$328.94M$326.85M$307.28M$354.21M$239.05M$303.11M$446.21M$627.73M$473.37M
High Forecast$492.00M$476.75M$461.50M$431.00M$492.00M$476.75M$461.50M$214.33M$319.66M$310.57M$333.80M$324.46M$450.20M$573.44M$476.32M$419.03M$487.99M$431.08M$362.18M$331.43M$374.70M$328.94M$326.85M$307.28M$354.21M$239.05M$303.11M$446.21M$627.73M$473.37M
Low Forecast$492.00M$476.75M$461.50M$431.00M$492.00M$476.75M$461.50M$214.33M$319.66M$310.57M$333.80M$324.46M$291.56M$371.99M$476.32M$419.03M$487.99M$431.08M$362.18M$331.43M$374.70M$328.94M$326.85M$307.28M$354.21M$239.05M$303.11M$446.21M$627.73M$473.37M
# Analysts111111111111111999881217999121346463
Surprise %------------0.98%0.95%0.97%1.05%0.79%1.10%1.15%1.06%0.91%0.98%0.95%1.00%-1.15%1.16%1.01%0.96%1.01%

SunPower's average Quarter revenue forecast for Mar 24 based on 1 analysts is $324.46M, with a low forecast of $324.46M, and a high forecast of $324.46M. SPWR's average Quarter revenue forecast represents a -9.09% decrease compared to the company's last Quarter revenue of $356.90M (Dec 23).

SunPower EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111111999881217999121346463
EBITDA------------$-83.50M$-28.16M$-25.17M$-33.96M$42.07M$156.16M$-20.63M$-3.81M$442.26M$-78.34M$88.40M$-40.37M-$165.71M$40.42M$28.22M$53.03M$28.92M
Avg Forecast$68.74M$66.61M$64.48M$60.22M$68.74M$66.61M$64.48M$29.95M$44.66M$43.39M$46.64M$-176.86M$50.96M$63.36M$66.55M$-160.78M$163.77M$60.23M$50.60M$-127.10M$52.35M$45.96M$45.67M$-115.55M$49.49M$33.40M$42.35M$36.96M$87.71M$66.14M
High Forecast$68.74M$66.61M$64.48M$60.22M$68.74M$66.61M$64.48M$29.95M$44.66M$43.39M$46.64M$-141.49M$62.90M$80.12M$66.55M$-128.63M$196.52M$60.23M$50.60M$-101.68M$52.35M$45.96M$45.67M$-92.44M$49.49M$33.40M$42.35M$44.35M$87.71M$66.14M
Low Forecast$68.74M$66.61M$64.48M$60.22M$68.74M$66.61M$64.48M$29.95M$44.66M$43.39M$46.64M$-212.23M$40.74M$51.97M$66.55M$-192.94M$131.02M$60.23M$50.60M$-152.52M$52.35M$45.96M$45.67M$-138.66M$49.49M$33.40M$42.35M$29.57M$87.71M$66.14M
Surprise %-------------1.64%-0.44%-0.38%0.21%0.26%2.59%-0.41%0.03%8.45%-1.70%1.94%0.35%-4.96%0.95%0.76%0.60%0.44%

9 analysts predict SPWR's average Quarter EBITDA for Mar 23 to be $-160.78M, with a high of $-128.63M and a low of $-192.94M. This is -482.16% lower than SunPower's previous annual EBITDA (Dec 22) of $42.07M.

SunPower Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111111999881217999121346463
Net Income------------$-123.90M$-31.95M$-33.07M$-50.85M$20.99M$139.41M$-41.71M$-2.50M$412.48M$-84.31M$75.21M$-49.50M-$109.68M$19.38M$-2.38M$10.98M$-17.44M
Avg Forecast$-4.74M$-5.82M$-6.90M$-9.06M$-19.29M$-14.03M$-14.03M$-2.12M$-18.29M$-28.64M$-37.50M$-199.96M$-44.17M$-1.21M$-11.08M$-181.78M$80.48M$12.73M$3.89M$-143.70M$-911.49K$10.28M$6.55M$-130.64M$20.46M$-14.64M$-41.22M$-1.90M$27.85M$4.55M
High Forecast$-4.74M$-5.82M$-6.90M$-9.06M$-19.29M$-14.03M$-14.03M$-2.12M$-18.29M$-28.64M$-32.81M$-159.97M$-31.09M$-1.21M$-11.08M$-145.43M$96.57M$12.73M$3.89M$-114.96M$-911.49K$10.28M$6.55M$-104.51M$20.46M$-14.64M$-41.22M$-1.52M$27.85M$4.55M
Low Forecast$-4.74M$-5.82M$-6.90M$-9.06M$-19.29M$-14.03M$-14.03M$-2.12M$-18.29M$-28.64M$-39.84M$-239.96M$-57.26M$-1.21M$-11.08M$-218.14M$64.38M$12.73M$3.89M$-172.44M$-911.49K$10.28M$6.55M$-156.77M$20.46M$-14.64M$-41.22M$-2.28M$27.85M$4.55M
Surprise %------------2.80%26.43%2.98%0.28%0.26%10.95%-10.71%0.02%-452.53%-8.20%11.47%0.38%--7.49%-0.47%1.26%0.39%-3.84%

SunPower's average Quarter net income forecast for Mar 23 is $-181.78M, with a range of $-218.14M to $-145.43M. SPWR's average Quarter net income forecast represents a -965.89% decrease compared to the company's last Quarter net income of $20.99M (Dec 22).

SunPower SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111111999881217999121346463
SG&A------------$104.86M$83.08M$82.71M$90.88M$76.61M$87.12M$93.04M$77.00M$52.51M$51.17M$56.73M$47.74M-$35.46M$55.97M$65.96M$70.88M$64.73M
Avg Forecast$87.55M$84.84M$82.12M$76.69M$87.55M$84.84M$82.12M$38.14M$56.88M$55.26M$59.40M$197.31M$64.90M$80.70M$84.76M$179.38M$305.27M$76.71M$64.45M$141.80M$66.68M$58.53M$58.16M$128.91M$63.03M$42.54M$53.94M$89.21M$111.70M$84.23M
High Forecast$87.55M$84.84M$82.12M$76.69M$87.55M$84.84M$82.12M$38.14M$56.88M$55.26M$59.40M$236.78M$80.11M$102.04M$84.76M$215.25M$366.33M$76.71M$64.45M$170.16M$66.68M$58.53M$58.16M$154.69M$63.03M$42.54M$53.94M$107.05M$111.70M$84.23M
Low Forecast$87.55M$84.84M$82.12M$76.69M$87.55M$84.84M$82.12M$38.14M$56.88M$55.26M$59.40M$157.85M$51.88M$66.19M$84.76M$143.50M$244.22M$76.71M$64.45M$113.44M$66.68M$58.53M$58.16M$103.13M$63.03M$42.54M$53.94M$71.37M$111.70M$84.23M
Surprise %------------1.62%1.03%0.98%0.51%0.25%1.14%1.44%0.54%0.79%0.87%0.98%0.37%-0.83%1.04%0.74%0.63%0.77%

SunPower's average Quarter SG&A projection for Mar 24 is $197.31M, based on 1 Wall Street analysts, with a range of $157.85M to $236.78M. The forecast indicates a 88.16% rise compared to SPWR last annual SG&A of $104.86M (Dec 23).

SunPower EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111111999881217999121346463
EPS------------$-0.71$-0.18$-0.17$-0.29$0.12$0.80$-0.24$-0.01$2.42$-0.49$0.43$-0.29-$0.64$0.12$-0.01$0.07$-0.12
Avg Forecast$-0.03$-0.03$-0.04$-0.05$-0.11$-0.08$-0.08$-0.01$-0.10$-0.16$-0.21$-0.26$-0.25$-0.01$-0.06$-0.01$0.16$0.07$0.02$0.02$-0.01$0.06$0.04-$0.12$-0.08$-0.24$-0.12$0.16$0.03
High Forecast$-0.03$-0.03$-0.04$-0.05$-0.11$-0.08$-0.08$-0.01$-0.10$-0.16$-0.19$-0.23$-0.18$-0.01$-0.06$-0.01$0.16$0.07$0.02$0.02$-0.01$0.06$0.04-$0.12$-0.08$-0.24$-0.12$0.16$0.03
Low Forecast$-0.03$-0.03$-0.04$-0.05$-0.11$-0.08$-0.08$-0.01$-0.10$-0.16$-0.23$-0.29$-0.33$-0.01$-0.06$-0.01$0.16$0.07$0.02$0.02$-0.01$0.06$0.04-$0.12$-0.08$-0.24$-0.12$0.16$0.03
Surprise %------------2.82%26.11%2.69%24.46%0.76%11.02%-10.81%-0.77%-465.56%-8.36%11.50%-65.73%--7.67%-0.51%0.12%0.45%-4.63%

According to 9 Wall Street analysts, SunPower's projected average Quarter EPS for Mar 23 is $-0.01, with a low estimate of $-0.01 and a high estimate of $-0.01. This represents a -109.88% decrease compared to SPWR previous annual EPS of $0.12 (Dec 22).

SunPower Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NOVASunnova Energy$4.20$10.22143.33%Buy
RUNSunrun$10.06$23.17130.32%Buy
SEDGSolarEdge$14.37$26.6085.11%Hold
NXTNextracker$35.72$55.2554.68%Buy
CSIQCanadian Solar$11.67$17.6751.41%Buy
FSLRFirst Solar$188.27$275.5046.33%Buy
ENPHEnphase Energy$73.40$106.2744.78%Buy
JKSJinkoSolar$26.56$20.00-24.70%Sell
MAXNMaxeon Solar$6.15$3.75-39.02%Sell

SPWR Forecast FAQ

Is SunPower a good buy?

No, according to 21 Wall Street analysts, SunPower (SPWR) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 33.33% of SPWR's total ratings.

What is SPWR's price target?

SunPower (SPWR) average price target is $17.5 with a range of $3 to $28, implying a 87400.00% from its last price of $0.02. The data is based on 21 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will SunPower stock go up soon?

According to Wall Street analysts' prediction for SPWR stock, the company can go up by 87400.00% (from the last price of $0.02 to the average price target of $17.5), up by 139900.00% based on the highest stock price target, and up by 14900.00% based on the lowest stock price target.

Can SunPower stock reach $0?

SPWR's average twelve months analyst stock price target of $17.5 supports the claim that SunPower can reach $0 in the near future.

What are SunPower's analysts' financial forecasts?

SunPower's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.64B (high $1.64B, low $1.64B), average EBITDA is $229.78M (high $229.78M, low $229.78M), average net income is $-49.47M (high $-49.47M, low $-49.47M), average SG&A $292.65M (high $292.65M, low $292.65M), and average EPS is $-0.282 (high $-0.282, low $-0.282). SPWR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.86B (high $1.86B, low $1.86B), average EBITDA is $260.05M (high $260.05M, low $260.05M), average net income is $-26.518M (high $-26.518M, low $-26.518M), average SG&A $331.2M (high $331.2M, low $331.2M), and average EPS is $-0.151 (high $-0.151, low $-0.151).

Did the SPWR's actual financial results beat the analysts' financial forecasts?

Based on SunPower's last annual report (Dec 2023), the company's revenue was $1.74B, beating the average analysts forecast of $1.71B by 1.60%. Apple's EBITDA was $153.03M, beating the average prediction of $20.09M by 661.72%. The company's net income was $104.71M, missing the average estimation of $-238M by -143.95%. Apple's SG&A was $339.32M, missing the average forecast of $409.74M by -17.19%. Lastly, the company's EPS was $0.6, missing the average prediction of $-0.334 by -279.72%. In terms of the last quarterly report (Dec 2023), SunPower's revenue was $356.9M, missing the average analysts' forecast of $364.74M by -2.15%. The company's EBITDA was $-83.503M, missing the average prediction of $50.96M by -263.86%. SunPower's net income was $-124M, beating the average estimation of $-44.173M by 180.48%. The company's SG&A was $104.86M, beating the average forecast of $64.9M by 61.57%. Lastly, the company's EPS was $-0.71, beating the average prediction of $-0.252 by 181.85%