SPWR Stock: More Upside For Sunpower Corp (NASDAQ: SPWR)?

In the last trading session, 4.65 million Sunpower Corp (NASDAQ:SPWR) shares changed hands as the company’s beta touched 1.92. With the company’s per share price at $2.34 changed hands at $0.16 or 7.34% during last session, the market valuation stood at $410.62M. SPWR’s last price was a discount, traded about -430.77% off its 52-week high of $12.42. The share price had its 52-week low at $1.76, which suggests the last value was 24.79% up since then. When we look at Sunpower Corp’s average trading volume, we note the 3-month average coming to 6.26 million.

Sunpower Corp (NASDAQ:SPWR) trade information

Instantly SPWR was in green as seen at the end of in last trading. With action 17.59%, the performance over the past five days has been green. The jump to weekly highs of 2.44 added 7.34% to the stock’s daily price. The company’s shares are showing year-to-date downside of -51.55%, with the 5-day performance at 17.59% in the green. However, in the 30-day time frame, Sunpower Corp (NASDAQ:SPWR) is -17.89% down.

Sunpower Corp (SPWR) estimates and forecasts

Data shows that the Sunpower Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -41.94% over the past 6 months, a 32.97% in annual growth rate that is considerably higher than the industry average of -11.20%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 24.51%. The 2024 estimates are for Sunpower Corp earnings to increase by 38.18%.

SPWR Dividends

Sunpower Corp is expected to release its next quarterly earnings report in June.