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SunPower Corporation (SPWR)
After hours:
| Previous close | 1.9600 |
| Open | 2.0100 |
| Bid | 1.9200 x 1900 |
| Ask | 1.9500 x 3800 |
| Day's range | 1.9100 - 2.0899 |
| 52-week range | 1.7700 - 13.5000 |
| Volume | |
| Avg. volume | 6,715,574 |
| Market cap | 343.935M |
| Beta (5Y monthly) | 1.54 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.3000 |
| Earnings date | 01 May 2024 - 06 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 3.33 |
- Yahoo Finance Video
Enphase Energy and SunPower: Solar stocks sliding
Shares of solar tech maker Enphase Energy (ENPH) are moving lower Wednesday after the company posted its first-quarter report, with its earnings of $0.35 per share missing expectations of $0.42. Despite the miss, the company claims that the worst is behind it and the demand for solar rooftops will bounce back. Similarly, SunPower's stock (SPWR) is also moving lower as the company announces layoffs, reducing efforts into residential direct sales. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest developments for these solar companies and what it could mean for them moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
ZacksEarnings 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.
ReutersSolar firm SunPower to cut jobs, wind down most of residential direct sales
SunPower said it will wind down its SunPower Residential Installation locations and close SunPower Direct sales, adding that installations would be handled by its Blue Raven Solar and independent dealers. SunPower had acquired Blue Raven for $165 million in 2021. The company had 586,250 residential customers as of Dec. 31, 2023.
