News
SPWR
2.033
-5.02%
-0.108
Sunpower identifies issues with financial reporting, shares dive
Sunpower identifies issues with financial reporting, shares dive 22% in premarket trade. U.S. Solar power storage and energy service provider identified misstatements in its audited financial results for the year ended Jan. 1, 2023. SunPower shares down 22%.
Reuters · 7h ago
SunPower's Audit Committee Concluded That Audited And Unaudited Financial Statements From 2022 And Q1-Q3 2023, Reported To SEC On December 18, 2023, In Various Forms, Are Unreliable And Will Be Restated; Not Fully Completed Its Review, And Expected Financial Impact Of Errors Prelim. And Subject To Change; Cannot Provide Assurance That Other Errors Will Not Be Identified
Benzinga · 7h ago
SUNPOWER SAYS IN CONNECTION WITH PREPARATION OF FINANCIAL STATEMENTS FOR FY 2023, CO IDENTIFIED MISSTATEMENTS IN AUDITED FINANCIAL STATEMENTS
Reuters · 8h ago
SUNPOWER SAYS COMPANY NOT FULLY COMPLETED REVIEW, AND EXPECTED FINANCIAL IMPACT OF ERRORS IS PRELIMINARY AND SUBJECT TO CHANGE
Reuters · 8h ago
SUNPOWER SAYS CO’S FINANCIAL STATEMENTS AND INTERNAL CONTROL OVER FINANCIAL REPORTING INCLUDED IN 2022 FORM 10-K/A SHOULD NO LONGER BE RELIED UPON
Reuters · 8h ago
SunPower Price Target Maintained With a $6.00/Share by Evercore ISI Group
Dow Jones · 10h ago
SunPower Cut to In-Line From Outperform by Evercore ISI Group
Dow Jones · 10h ago
Evercore ISI Group Downgrades SunPower to In-Line, Maintains Price Target to $6
Benzinga · 10h ago
Biden’s Earth Day Surprise Adds a Little Sunshine to Solar Panel Stocks  
TipRanks · 11h ago
Piper Sandler Sticks to Its Hold Rating for SunPower (SPWR)
TipRanks · 1d ago
Weekly Report: what happened at SPWR last week (0415-0419)?
Weekly Report · 1d ago
SunPower Price Target Cut to $4.00/Share From $5.00 by Mizuho
Dow Jones · 4d ago
SunPower Is Maintained at Neutral by Mizuho
Dow Jones · 4d ago
Mizuho Maintains Neutral on SunPower, Lowers Price Target to $4
Benzinga · 4d ago
BUZZ-Mizuho trims solar firms PT on demand woes
Mizuho Securities cuts price target on several solar companies. Brokerage expects residential solar additions to be down in Q1. Says slowdown in 2024 driven by slower-than-expected demand recovery due to higher financing costs. Solar firms expected to be hit in Q2.
Reuters · 4d ago
SUNPOWER CORPORATION <SPWR.O>: MIZUHO CUTS TARGET PRICE TO $4 FROM $5
Reuters · 4d ago
CORRECTED-U.S. RESEARCH ROUNDUP-Blackstone, Ellington Financial, Netflix
Blackstone, Ellington Financial, Netflix revise their ratings and price targets on several U.S. Companies. Deutsche Bank raises Abbvie Inc target price to $175 from $170, and cuts it to $140 from $145. Blackstone, ellington financial and Netflix also revise their targets on Friday.
Reuters · 4d ago
U.S. RESEARCH ROUNDUP- Builders Firstsource, Eli Lilly, Northern Trust
Wall Street analysts revise their ratings and price targets on several U.S.-listed companies. Builders Firstsource, Eli Lilly, Northern Trust and Abbott Laboratories are among those. Alphabet Inc raises its target price to $165 from $160. TenX Genomics Inc, a maker of DNA sequencing equipment, is downgraded to hold from sell.
Reuters · 5d ago
SUNPOWER CORPORATION <SPWR.O>: TD COWEN CUTS TARGET PRICE TO $3.5 FROM $4
Reuters · 5d ago
Sunrun: Industry Risks And Current Difficulties Make It A Sell
Seeking Alpha · 6d ago
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About SPWR
SunPower Corporation is a solar technology and energy services provider. The Company offers fully integrated solar, storage and home energy solutions to customers primarily in the United States and Canada through a range of hardware, software, and financing options and Smart Energy solutions. The Company's Smart Energy adds layers of intelligent control to homes, buildings and grids, all personalized through easy-to-use customer interfaces. It is engaged in the United States Distributed Generation (DG) storage and energy services market, providing customers control over electricity consumption and resiliency during power outages. The five pillars of its strategy include customer care, products, growth, digital innovation and financial solutions. The Company’s subsidiaries include SunPower Corporation, Systems, SunPower North America, LLC, SunStrong Capital Holdings, LLC, SunPower Capital, LLC Delaware and Blue Raven Solar Holdings, LLC.