SunPower (SPWR) Stock Forecast, Price Target & Predictions

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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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Apr 23, 2024	Sean Morgan	Morgan Stanley	$6.00	$2.14	180.37%	29900.00%
Apr 05, 2024	Biju Perincheril	Susquehanna	$3.00	$2.85	5.26%	14900.00%
Feb 03, 2023	-	Wells Fargo	$19.00	$17.96	5.76%	94900.00%
Jan 31, 2023	-	Goldman Sachs	$14.00	$17.43	-19.68%	69900.00%
Jan 10, 2023	-	Morgan Stanley	$25.00	$17.27	44.72%	124900.00%
Nov 15, 2022	-	Deutsche Bank	$16.00	$22.03	-27.37%	79900.00%
Sep 08, 2022	-	Goldman Sachs	$18.00	$27.84	-35.36%	89900.00%
Aug 18, 2022	-	Morgan Stanley	$31.00	$25.86	19.88%	154900.00%
Aug 08, 2022	-	J.P. Morgan	$25.00	$23.96	4.34%	124900.00%
Aug 03, 2022	-	Raymond James	$25.00	$21.70	15.21%	124900.00%

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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

	1M	3M	12M
# 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

Date	Company	Previous Rating	New Rating	Rating Change
Jul 23, 2024	Goldman Sachs	Sell	Sell	Hold
Jul 23, 2024	Stephens	Equal-Weight	Equal-Weight	Hold
Jul 23, 2024	Keefe, Bruyette & Woods	Outperform	Outperform	Hold
Jul 23, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
Jul 23, 2024	Deutsche Bank	Hold	Hold	Hold
Jul 15, 2024	Scotiabank	Underperform	Underperform	Hold
Jul 15, 2024	Susquehanna	Sector Perform	Sector Perform	Hold
Jul 15, 2024	GLJ Research	Sell	Sell	Hold
May 15, 2024	Wolfe Research	Peer Perform	Underperform	Downgrade
May 14, 2024	GLJ Research	Sell	Sell	Hold

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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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	11	19	9	9	8	8	12	17	9	9	9	12	13	4	6	4	6	3
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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	11	19	9	9	8	8	12	17	9	9	9	12	13	4	6	4	6	3
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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	11	19	9	9	8	8	12	17	9	9	9	12	13	4	6	4	6	3
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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	11	19	9	9	8	8	12	17	9	9	9	12	13	4	6	4	6	3
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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	11	19	9	9	8	8	12	17	9	9	9	12	13	4	6	4	6	3
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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
SPWR	SunPower	$0.12	$17.50	14483.33%	Hold
SEDG	SolarEdge	$10.47	$157.00	1399.52%	Hold
NOVA	Sunnova Energy	$3.44	$20.91	507.85%	Buy
RUN	Sunrun	$9.71	$33.99	250.05%	Buy
ENPH	Enphase Energy	$61.36	$167.61	173.16%	Buy
CSIQ	Canadian Solar	$11.06	$19.50	76.31%	Sell
NXT	Nextracker	$36.40	$56.36	54.84%	Buy
FSLR	First Solar	$187.36	$239.46	27.81%	Buy
JKS	JinkoSolar	$20.82	$23.80	14.31%	Sell
MAXN	Maxeon Solar	$7.50	$3.75	-50.00%	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%