During the recent session, Sunpower Corp (NASDAQ:SPWR)’s traded shares were 8.45 million, with the beta value of the company hitting 1.89. At the last check today, the stock’s price was $2.09, reflecting an intraday loss of -17.08% or -$0.43. The 52-week high for the SPWR share is $12.18, that puts it down -482.78 from that peak though still a striking 15.79% gain since the share price plummeted to a 52-week low of $1.76. The company’s market capitalization is $366.70M, and the average trade volume was 11.21 million shares over the past three months.

Sunpower Corp (SPWR) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.60. SPWR has a Sell rating from 2 analyst(s) out of 18 analysts who have looked at this stock. 10 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.27.

Sunpower Corp (NASDAQ:SPWR) trade information

Sunpower Corp (SPWR) registered a -17.08% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -17.08% in intraday trading to $2.09, hitting a weekly high. The stock’s 5-day price performance is -17.73%, and it has moved by -22.03% in 30 days. Based on these gigs, the overall price performance for the year is -81.65%.

The extremes of the forecast give a target low and a target high price of $3 and $28 respectively. As a result, SPWR is trading at a discount of -1239.71% off the target high and -43.54% off the low.

Sunpower Corp (SPWR) estimates and forecasts

Statistics show that Sunpower Corp has outperformed its competitors in share price, compared to the industry in which it operates. Sunpower Corp (SPWR) shares have gone down -28.92% during the last six months, with a year-to-date growth rate more than the industry average at 31.87% against -6.00. In the rating firms’ projections, revenue will decrease -13.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 324.21M as predicted by 20 analyst(s). Meanwhile, a consensus of 21 analyst(s) estimates revenue growth to 353.94M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 24.51%. While earnings are projected to return 32.75% in 2024.

SPWR Dividends

Sunpower Corp is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Sunpower Corp (NASDAQ:SPWR)’s Major holders

Sunpower Corp insiders own 0.71% of total outstanding shares while institutional holders control 140.03%, with the float percentage being 141.03%. Blackrock Inc. is the largest shareholder of the company, while 319 institutions own stock in it. As of Mar 31, 2024, the company held over 17.27 shares (or 9.84% of all shares), a total value of $35.73 million in shares.

The next largest institutional holding, with 9.69 shares, is of Vanguard Group Inc ‘s that is approximately 5.52% of outstanding shares. At the market price on Mar 31, 2024, these shares were valued at $20.03 million.

Also, the Mutual Funds coming in first place with the largest holdings of Sunpower Corp (SPWR) shares are iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund. Data provided on May 31, 2024 indicates that iShares Core S&P Smallcap ETF owns about 5.78 shares. This amounts to just over 3.29 percent of the company’s overall shares, with a $11.96 million market value. The same data shows that the other fund manager holds slightly less at 2.75, or about 1.57% of the stock, which is worth about $5.69 million.