NASDAQ:SPWR - SunPower Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $25.55
Forecasted Upside: -4.36 %
Number of Analysts: 13
Breakdown:
4 Sell Ratings
8 Hold Ratings
1 Buy Ratings
0 Strong Buy Ratings

^$26.71 As of 06/17/2021 04:59 PM ET

▲ +2.09 (8.49%)

1 month | 3 months | 12 months

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Analyst Price Target for SPWR

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$25.55

▼ -4.36% Downside Potential

This price target is based on 13 analysts offering 12 month price targets for SunPower in the last 3 months. The average price target is $25.55, with a high forecast of $49.00 and a low forecast of $11.00. The average price target represents a -4.36% upside from the last price of $26.71.

Hold

The current consensus among 13 contributing investment analysts is to hold stock in SunPower. This rating has held steady since January 2020, when it changed from a Sell consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
4 hold ratings
5 sell ratings

Ratings as of

12/25/2019

0 strong buy ratings
0 buy ratings
6 hold ratings
4 sell ratings

Ratings as of

3/24/2020

0 strong buy ratings
0 buy ratings
6 hold ratings
5 sell ratings

Ratings as of

6/22/2020

0 strong buy ratings
1 buy ratings
7 hold ratings
4 sell ratings

Ratings as of

9/20/2020

0 strong buy ratings
1 buy ratings
8 hold ratings
4 sell ratings

Ratings as of

12/19/2020

0 strong buy ratings
1 buy ratings
8 hold ratings
4 sell ratings

Ratings as of

3/19/2021

0 strong buy ratings
1 buy ratings
8 hold ratings
4 sell ratings

Ratings as of

5/18/2021

0 strong buy ratings
1 buy ratings
8 hold ratings
4 sell ratings

Ratings as of

6/17/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
5/12/2021	Truist	Lower Price Target		$42.00 ➝ $29.00	Low	i
5/7/2021	The Goldman Sachs Group	Lower Price Target	Neutral	$29.00 ➝ $26.00	Low	i
5/6/2021	Roth Capital	Lower Price Target	In-Line ➝ Neutral	$40.00 ➝ $24.00	Medium	i Rating by P. Shen at Roth Capital
5/6/2021	Barclays	Lower Price Target	Underweight	$23.00 ➝ $20.00	Medium	i
4/22/2021	Barclays	Lower Price Target	Underweight	$28.00 ➝ $23.00	Medium	i
4/20/2021	Morgan Stanley	Lower Price Target	Underweight	$22.00 ➝ $21.00	Low	i
3/29/2021	Robert W. Baird	Reiterated Rating	Buy		High	i
3/29/2021	The Goldman Sachs Group	Reiterated Rating	Buy ➝ Neutral	$42.00 ➝ $32.00	N/A	i
3/22/2021	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$42.00 ➝ $32.00	High	i
3/16/2021	Barclays	Boost Price Target		$17.00 ➝ $28.00	Low	i
3/10/2021	Morgan Stanley	Lower Price Target	Underweight	$27.00 ➝ $22.00	Low	i
3/9/2021	Piper Sandler	Lower Price Target	Positive ➝ Neutral	$35.00 ➝ $31.00	High	i
3/8/2021	JPMorgan Chase & Co.	Lower Price Target	Neutral	$28.00 ➝ $24.00	Medium	i
3/2/2021	Truist	Boost Price Target		$31.00 ➝ $42.00	High	i
3/1/2021	Credit Suisse Group	Reiterated Rating	Neutral ➝ Underperform	$23.00	Low	i
2/22/2021	Credit Suisse Group	Downgrade	Neutral ➝ Underperform	$23.00	High	i
2/18/2021	Roth Capital	Boost Price Target		$16.00 ➝ $40.00	High	i Rating by P. Shen at Roth Capital
2/18/2021	Robert W. Baird	Boost Price Target	Outperform	$20.00 ➝ $49.00	High	i
2/18/2021	JPMorgan Chase & Co.	Boost Price Target	Neutral	$25.00 ➝ $28.00	High	i
2/16/2021	Roth Capital	Reiterated Rating	Neutral		Low	i Rating by P. Shen at Roth Capital
2/4/2021	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight	$27.00	High	i
1/27/2021	Piper Sandler	Downgrade	Overweight ➝ Neutral	$35.00	Medium	i
1/20/2021	JPMorgan Chase & Co.	Boost Price Target	Neutral	$21.00 ➝ $25.00	Low	i
1/20/2021	Credit Suisse Group	Boost Price Target	Neutral	$16.00 ➝ $23.00	Low	i
1/19/2021	Piper Sandler	Boost Price Target	Overweight	$22.00 ➝ $35.00	High	i
1/12/2021	Morgan Stanley	Boost Price Target	Equal Weight	$12.50 ➝ $27.00	Low	i
1/12/2021	Truist	Initiated Coverage	Hold	$31.00	Low	i
1/4/2021	The Goldman Sachs Group	Boost Price Target	Positive ➝ Buy	$23.00 ➝ $33.00	N/A	i
12/17/2020	Capital One Financial	Initiated Coverage	Equal Weight	$23.00	Medium	i Rating by R. Tullis at Capital One Financial Co.
12/9/2020	JPMorgan Chase & Co.	Boost Price Target	Neutral	$15.00 ➝ $18.00	High	i
11/9/2020	The Goldman Sachs Group	Boost Price Target	Buy	$20.00 ➝ $23.00	High	i
11/2/2020	Roth Capital	Boost Price Target	Positive ➝ Neutral	$10.00 ➝ $16.00	High	i Rating by Philip Shen at Roth Capital
10/29/2020	Piper Sandler	Boost Price Target	Overweight	$20.00 ➝ $22.00	Medium	i
10/29/2020	JPMorgan Chase & Co.	Boost Price Target	Neutral	$13.00 ➝ $15.00	Low	i
10/29/2020	Barclays	Boost Price Target	Underweight	$5.00 ➝ $9.00	Medium	i
10/27/2020	UBS Group	Downgrade	Neutral ➝ Sell	$10.00 ➝ $11.00	Medium	i
10/26/2020	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$12.00 ➝ $16.00	Low	i
10/20/2020	Morgan Stanley	Boost Price Target	Equal Weight	$10.50 ➝ $11.50	Medium	i
10/7/2020	Piper Sandler	Initiated Coverage	Overweight	$20.00	High	i
10/1/2020	Oppenheimer	Reiterated Rating	Hold		Low	i Rating by Colin Rusch at Oppenheimer Holdings Inc.
9/30/2020	JPMorgan Chase & Co.	Boost Price Target	Positive ➝ Neutral	$11.00 ➝ $13.00	High	i
9/23/2020	Roth Capital	Lower Price Target	Neutral	$11.00 ➝ $10.00	High	i Rating by Philip Shen at Roth Capital
9/18/2020	Morgan Stanley	Upgrade	Underweight ➝ Equal Weight		Low	i
9/11/2020	Robert W. Baird	Upgrade	Neutral ➝ Outperform	$10.00 ➝ $13.00	High	i
8/31/2020	Credit Suisse Group	Lower Price Target	Outperform	$13.00 ➝ $12.00	Medium	i
8/14/2020	Morgan Stanley	Boost Price Target	Underweight	$5.10 ➝ $5.30	Low	i
8/14/2020	Raymond James	Reiterated Rating	Hold		Medium	i
8/11/2020	Credit Suisse Group	Reiterated Rating	Buy	$13.00	Medium	i
8/6/2020	Oppenheimer	Initiated Coverage	Hold		High	i Rating by Colin Rusch at Oppenheimer Holdings Inc.
7/22/2020	Barclays	Boost Price Target	Underweight	$2.50 ➝ $5.00	Low	i
7/17/2020	Roth Capital	Reiterated Rating	Hold	$9.00	High	i Rating by Philip Shen at Roth Capital
7/17/2020	Morgan Stanley	Boost Price Target	Underweight	$4.80 ➝ $5.10	Low	i
6/17/2020	Morgan Stanley	Boost Price Target	Underweight	$4.40 ➝ $4.80	High	i
5/28/2020	JPMorgan Chase & Co.	Boost Price Target	Neutral	$9.00 ➝ $10.00	High	i
5/11/2020	Morgan Stanley	Boost Price Target	Neutral	$5.50 ➝ $7.00	High	i
5/11/2020	UBS Group	Boost Price Target	Neutral	$5.50 ➝ $7.00	High	i
5/11/2020	Credit Suisse Group	Lower Price Target	Outperform	$10.50 ➝ $10.00	High	i
5/8/2020	Oppenheimer	Reiterated Rating	Hold		High	i
4/21/2020	Credit Suisse Group	Lower Price Target	Outperform	$11.00 ➝ $10.50	Low	i
4/7/2020	UBS Group	Lower Price Target	Neutral	$10.00 ➝ $5.50	High	i
3/27/2020	JPMorgan Chase & Co.	Lower Price Target	Neutral	$12.00 ➝ $10.00	Low	i
2/13/2020	Cowen	Downgrade	Outperform ➝ Market Perform	$10.00	High	i
2/4/2020	Roth Capital	Initiated Coverage	Neutral	$9.00	High	i
11/29/2019	Credit Suisse Group	Lower Price Target	Outperform	$14.50 ➝ $11.00	Low	i
11/1/2019	The Goldman Sachs Group	Set Price Target	Buy	$14.00	N/A	i Rating by Brian K. Lee at The Goldman Sachs Group, Inc.
10/30/2019	Cfra	Downgrade	Buy ➝ Hold		High	i
8/5/2019	Barclays	Reiterated Rating	Sell	$6.00	High	i
8/1/2019	Credit Suisse Group	Upgrade	Neutral ➝ Outperform		High	i
7/22/2019	Vertical Research	Initiated Coverage	Sell		Medium	i
6/19/2019	Raymond James	Downgrade	Outperform ➝ Market Perform	$9.84	High	i
6/17/2019	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$6.00 ➝ $11.00	High	i
5/8/2019	Morgan Stanley	Set Price Target	Sell	$6.00	High	i Rating by Stephen Byrd at Morgan Stanley
4/11/2019	JPMorgan Chase & Co.	Initiated Coverage	Neutral	$7.50	Low	i
2/15/2019	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$10.00 ➝ $7.00	High	i
2/15/2019	Bank of America	Downgrade	Neutral ➝ Underperform	$6.00	High	i
1/7/2019	Barclays	Initiated Coverage	Underweight	$4.00	High	i
10/9/2018	Bank of America	Lower Price Target	Neutral ➝ Neutral	$7.50 ➝ $7.00	Low	i
10/3/2018	Bank of America	Upgrade	Underperform ➝ Neutral	$7.00 ➝ $7.50	Low	i
9/19/2018	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$8.00 ➝ $10.00	High	i
9/19/2018	Robert W. Baird	Boost Price Target	Neutral ➝ Neutral	$7.00 ➝ $9.00	High	i
9/19/2018	JPMorgan Chase & Co.	Set Price Target	Hold	$9.00	High	i Rating by Paul Coster at JPMorgan Chase & Co.
6/11/2018	Robert W. Baird	Downgrade	Outperform ➝ Neutral	$10.00 ➝ $7.00	High	i
6/7/2018	JPMorgan Chase & Co.	Lower Price Target	Neutral ➝ Neutral	$9.50 ➝ $8.50	Medium	i
6/7/2018	Credit Suisse Group	Lower Price Target	Neutral ➝ Neutral	$8.50 ➝ $8.00	Low	i
5/24/2018	Williams Capital	Boost Price Target	Hold	$6.00 ➝ $8.00	Low	i
4/23/2018	Bank of America	Downgrade	Neutral ➝ Underperform		Medium	i Rating by Julien Dumoulin Smith at Bank of America Co.
4/19/2018	Credit Suisse Group	Boost Price Target	Neutral ➝ Neutral	$7.20 ➝ $8.50	Low	i
4/18/2018	Bank of America	Boost Price Target	Neutral ➝ Neutral	$8.00 ➝ $8.50	Medium	i Rating by Julien Dumoulin Smith at Bank of America Co.
3/15/2018	UBS Group	Initiated Coverage	Neutral	$8.00	High	i
2/15/2018	Cowen	Reiterated Rating	Buy	$10.00	Medium	i
2/15/2018	JPMorgan Chase & Co.	Lower Price Target	Neutral ➝ Neutral	$8.00 ➝ $7.50	High	i
2/15/2018	Oppenheimer	Reiterated Rating	Outperform ➝ Market Perform	$10.00	High	i
2/15/2018	UBS Group	Downgrade	Outperform ➝ Market Perform		High	i
2/12/2018	Credit Suisse Group	Initiated Coverage	Neutral ➝ Neutral	$7.20	Low	i
1/18/2018	Guggenheim	Reiterated Rating	Hold		Low	i Rating by Sophie Karp at Guggenheim
12/30/2017	Bank of America	Initiated Coverage	Neutral		N/A	i Rating by Julien Dumoulin Smith at Bank of America Co.
12/28/2017	Bank of America	Set Price Target	Hold	$10.00	High	i Rating by Julien Dumoulin Smith at Bank of America Co.
12/22/2017	Bank of America	Initiated Coverage	Neutral ➝ Neutral	$10.00	Low	i
12/11/2017	Robert W. Baird	Upgrade	Neutral ➝ Outperform	$7.00 ➝ $10.00	High	i
9/27/2017	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight	$7.22 ➝ $6.00	High	i
9/26/2017	Bank of America	Lower Price Target	Neutral	$12.00 ➝ $10.00	Low	i
9/17/2017	Cowen	Reiterated Rating	Buy	$12.00	Low	i Rating by Jeff Osborne at Cowen Inc
9/8/2017	Macquarie	Downgrade	Outperform ➝ Neutral		High	i
9/1/2017	Robert W. Baird	Reiterated Rating	Hold	$7.00	Medium	i
8/11/2017	Cowen	Set Price Target	Buy	$12.00	Medium	i Rating by Jeff Osborne at Cowen Inc
8/2/2017	Oppenheimer	Reiterated Rating	Outperform	$10.00 ➝ $13.00	High	i
8/2/2017	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$6.00 ➝ $9.00	Low	i
7/22/2017	Axiom Securities	Reiterated Rating	Buy		Medium	i
7/10/2017	Cowen	Set Price Target	Buy	$12.00	Low	i Rating by Jeff Osborne at Cowen Inc
2/16/2017	Credit Suisse Group	Reiterated Rating	Neutral	$9.00 ➝ $8.00	N/A	i Rating by Patrick Jobin at Credit Suisse Group AG
2/16/2017	Oppenheimer	Upgrade	Market Perform ➝ Outperform	$10.00	N/A	i
2/16/2017	Robert W. Baird	Reiterated Rating	Neutral	$7.00	N/A	i
2/10/2017	The Goldman Sachs Group	Reiterated Rating	Neutral		N/A	i
2/10/2017	Credit Suisse Group	Reiterated Rating	Hold		N/A	i Rating by Patrick Jobin at Credit Suisse Group AG
1/30/2017	Mizuho	Reiterated Rating	Neutral	$25.00 ➝ $8.00	N/A	i
12/6/2016	Guggenheim	Downgrade	Buy ➝ Neutral	$7.15 ➝ $7.22	N/A	i
11/17/2016	Robert W. Baird	Downgrade	Outperform ➝ Neutral	$12.00 ➝ $7.00	N/A	i
11/14/2016	Credit Suisse Group	Initiated Coverage	Neutral	$9.00	N/A	i
11/11/2016	UBS Group	Downgrade	Buy ➝ Neutral	$13.00 ➝ $7.00	N/A	i Rating by julien dumoulin smith at UBS Group AG
11/10/2016	Robert W. Baird	Reiterated Rating	Outperform	$16.00 ➝ $12.00	N/A	i
11/10/2016	JPMorgan Chase & Co.	Reiterated Rating	Hold	$11.00	N/A	i Rating by Paul Coster at JPMorgan Chase & Co.
11/10/2016	Barclays	Reiterated Rating	Equal Weight		N/A	i
11/9/2016	Bank of America	Downgrade	Buy ➝ Neutral	$20.00 ➝ $10.00	N/A	i
10/26/2016	The Goldman Sachs Group	Reiterated Rating	Neutral	$9.00	N/A	i
10/5/2016	Deutsche Bank Aktiengesellschaft	Set Price Target	Hold	$9.00	N/A	i Rating by Vishal Shah at Deutsche Bank Aktiengesellschaft
9/30/2016	Williams Capital	Initiated Coverage	Hold	$9.00	N/A	i
9/8/2016	JMP Securities	Initiated Coverage	Underperform	$6.00	N/A	i
9/4/2016	UBS Group	Set Price Target	Buy	$13.00	N/A	i
8/13/2016	Barclays	Downgrade	Overweight ➝ Equal Weight	$23.00 ➝ $12.00	N/A	i Rating by Jon Windham at Barclays PLC
8/12/2016	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$27.00 ➝ $12.00	N/A	i Rating by stephen byrd at Morgan Stanley
8/11/2016	Morgan Stanley	Set Price Target	Overweight ➝ Buy	$27.00	N/A	i Rating by Stephen Byrd at Morgan Stanley
8/10/2016	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy ➝ Hold	$11.00 ➝ $37.00	N/A	i
8/10/2016	Avondale Partners	Downgrade	Outperform ➝ Market Perform		N/A	i
8/10/2016	UBS Group	Lower Price Target	Buy	$22.00 ➝ $13.00	N/A	i
8/10/2016	Citigroup	Downgrade	Outperform ➝ Market Perform		N/A	i
8/10/2016	Oppenheimer	Reiterated Rating	Outperform ➝ Market Perform	$39.00	N/A	i
8/10/2016	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$32.00 ➝ $12.00	N/A	i
8/10/2016	Janney Montgomery Scott	Downgrade	Buy ➝ Neutral		N/A	i
8/10/2016	Mizuho	Lower Price Target	Neutral	$57.00 ➝ $46.00	N/A	i Rating by Jim Von Riesemann at Mizuho
8/10/2016	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$37.00 ➝ $11.00	N/A	i Rating by Vishal Shah at Deutsche Bank Aktiengesellschaft
8/10/2016	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$28.00 ➝ $17.00	N/A	i Rating by Paul Coster at JPMorgan Chase & Co.
8/5/2016	JPMorgan Chase & Co.	Set Price Target	Buy	$33.00 ➝ $28.00	N/A	i Rating by Paul Coster at JPMorgan Chase & Co.
8/3/2016	Morgan Stanley	Reiterated Rating	Overweight	$39.00 ➝ $27.00	N/A	i Rating by Stephen Byrd at Morgan Stanley
7/27/2016	Guggenheim	Upgrade	Neutral ➝ Buy	$15.64 ➝ $20.00	N/A	i
7/7/2016	Robert W. Baird	Reiterated Rating	Outperform	$37.00	N/A	i Rating by Ben Kallo at Robert W. Baird
7/6/2016	UBS Group	Upgrade	Neutral ➝ Buy	$22.00 ➝ $14.47	N/A	i

(Data available from 6/17/2016 forward)

SunPower Corporation delivers solar solutions worldwide. It operates through Residential, Light Commercial; Commercial and Industrial Solutions; and Others segments. The company provides solar energy solutions, including sales to its third-party dealer network and resellers, storage solutions, cash and loan sales, and long-term leases directly to end customers; and sells turn-key engineering, procurement, and construction services, as well as sells energy under power purchase agreements. It also offers commercial roof, carport, and ground mounted systems; and post-installation operations and maintenance services. In addition, the company provides residential leasing program services, as well as sells inverters manufactured by third parties. The company also serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of Total Energies Nouvelles ActivitÃ©s USA.

Today's Range

Now: $26.71

$24.34

$26.94

50 Day Range

MA: $24.92

$20.91

$29.71

52 Week Range

Now: $26.71

$6.92

$57.52

Volume

359,950 shs

Average Volume

6,223,073 shs

Market Capitalization

$4.61 billion

P/E Ratio

12.42

Dividend Yield

N/A

Beta

2.09

Frequently Asked Questions

What sell-side analysts currently cover shares of SunPower?

The following Wall Street research analysts have issued research reports on SunPower in the last twelve months: Barclays PLC, Capital One Financial Co., Credit Suisse Group AG, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer Holdings Inc., Piper Sandler, Raymond James, Robert W. Baird, Roth Capital, The Goldman Sachs Group, Inc., TheStreet, Truist, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for SPWR.

What is the current price target for SunPower?

11 Wall Street analysts have set twelve-month price targets for SunPower in the last year. Their average twelve-month price target is $25.55, suggesting a possible upside of 6.6%. Robert W. Baird has the highest price target set, predicting SPWR will reach $49.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $11.00 for SunPower in the next year.
View the latest price targets for SPWR.

What is the current consensus analyst rating for SunPower?

SunPower currently has 4 sell ratings, 8 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SPWR, but not buy more shares or sell existing shares.
View the latest ratings for SPWR.

What other companies compete with SunPower?

Other companies that are similar to SunPower include NVIDIA, Intel, Broadcom, Texas Instruments, Micron Technology, Analog Devices, Microchip Technology, Marvell Technology, Xilinx, Skyworks Solutions, Maxim Integrated Products, Monolithic Power Systems, Cree, First Solar and Lattice Semiconductor.

How do I contact SunPower's investor relations team?

SunPower's physical mailing address is 51 RIO ROBLES, SAN JOSE CA, 95134. The semiconductor company's listed phone number is 408-240-5500 and its investor relations email address is [email protected] The official website for SunPower is www.sunpowercorp.com.