Analysts' ratings for SunPower SPWR over the last quarter vary from bullish to bearish, as provided by 17 analysts.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 2 | 7 | 6 | 2 |
Last 30D | 0 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 2 | 0 | 1 |
2M Ago | 0 | 0 | 2 | 0 | 0 |
3M Ago | 0 | 2 | 3 | 6 | 1 |
Analysts have recently evaluated SunPower and provided 12-month price targets. The average target is $4.88, accompanied by a high estimate of $6.00 and a low estimate of $2.50. This current average represents a 34.32% decrease from the previous average price target of $7.43.
Diving into Analyst Ratings: An In-Depth Exploration
An in-depth analysis of recent analyst actions unveils how financial experts perceive SunPower. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Maheep Mandloi | Mizuho | Raises | Neutral | $6.00 | $5.00 |
Brian Lee | Goldman Sachs | Lowers | Sell | $4.00 | $5.00 |
Dushyant Ailani | Jefferies | Announces | Hold | $5.50 | - |
Maheep Mandloi | Mizuho | Announces | Neutral | $5.00 | - |
Jordan Levy | Truist Securities | Lowers | Hold | $5.00 | $6.00 |
Biju Perincheril | Susquehanna | Lowers | Positive | $5.50 | $8.00 |
Andrew Percoco | Morgan Stanley | Lowers | Underweight | $3.00 | $5.00 |
Christine Cho | Barclays | Lowers | Underweight | $2.50 | $6.00 |
Brian Lee | Goldman Sachs | Lowers | Neutral | $5.00 | $7.00 |
Pavel Molchanov | Raymond James | Lowers | Outperform | $6.00 | $9.00 |
Philip Shen | Roth MKM | Lowers | Neutral | $5.00 | $10.00 |
Moses Sutton | Exane BNP Paribas | Announces | Underperform | $4.00 | - |
Mark Strouse | JP Morgan | Lowers | Underweight | $6.00 | $9.00 |
Christine Cho | Barclays | Lowers | Underweight | $6.00 | $9.00 |
Vikram Bagri | Citigroup | Lowers | Sell | $4.50 | $10.00 |
Andrew Percoco | Morgan Stanley | Lowers | Underweight | $5.00 | $8.00 |
Kashy Harrison | Piper Sandler | Lowers | Neutral | $5.00 | $7.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to SunPower. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of SunPower compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of SunPower's stock. This comparison reveals trends in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of SunPower's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on SunPower analyst ratings.
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Delving into SunPower's Background
SunPower is a leading solar technology and energy services provider that offers fully integrated solar, storage, and home energy solutions to customers primarily in the United States and Canada through an array of hardware, software, and financing options and smart energy solutions. The company's sales channels include a network of both installing and noninstalling dealers and resellers that operate in residential and commercial markets as well as a group of in-house sales teams in each segment engaged in direct sales to end customers.
Financial Insights: SunPower
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: SunPower's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately -9.59%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -8.68%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): SunPower's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -8.31%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): SunPower's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -2.47%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a high debt-to-equity ratio of 0.86, SunPower faces challenges in effectively managing its debt levels, indicating potential financial strain.
What Are Analyst Ratings?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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