SunPower Co. to Post Q1 2026 Earnings of $0.04 Per Share, Zacks Research Forecasts (NASDAQ:SPWR)

SunPower Co. (NASDAQ:SPWR) – Equities research analysts at Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for SunPower in a report released on Tuesday, April 16th. Zacks Research analyst A. Dutta now expects that the semiconductor company will post earnings per share of $0.04 for the quarter, down from their previous forecast of $0.08. The consensus estimate for SunPower’s current full-year earnings is ($0.74) per share.

SunPower (NASDAQ:SPWR) last issued its earnings results on Thursday, February 15th. The semiconductor company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.24). SunPower had a negative return on equity of 40.95% and a negative net margin of 14.15%. The company had revenue of $356.91 million for the quarter, compared to the consensus estimate of $364.58 million.

Other equities analysts have also recently issued research reports about the company. StockNews.com upgraded SunPower to a “sell” rating in a report on Saturday, December 23rd. Raymond James cut SunPower from an “outperform” rating to a “market perform” rating in a report on Thursday, January 4th. The Goldman Sachs Group reduced their target price on SunPower from $4.00 to $2.50 and set a “sell” rating on the stock in a report on Monday, January 22nd. UBS Group raised their price target on SunPower from $4.00 to $4.25 and gave the stock a “neutral” rating in a research report on Friday, February 16th. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and set a $4.00 price target (down previously from $6.00) on shares of SunPower in a research report on Monday, January 8th. Ten research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $4.82.

SunPower Trading Down 2.2 %

Shares of SPWR opened at $2.26 on Wednesday. SunPower has a 1 year low of $2.21 and a 1 year high of $14.49. The stock has a market cap of $396.31 million, a P/E ratio of -1.65 and a beta of 1.73. The stock’s 50-day moving average price is $3.00 and its two-hundred day moving average price is $3.90.

Institutional Investors Weigh In On SunPower

Hedge funds and other institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC increased its position in shares of SunPower by 383.0% during the 4th quarter. International Assets Investment Management LLC now owns 5,366 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 4,255 shares during the last quarter. Wedmont Private Capital acquired a new position in shares of SunPower during the 1st quarter worth approximately $30,000. Avior Wealth Management LLC acquired a new position in shares of SunPower during the 3rd quarter worth approximately $31,000. PNC Financial Services Group Inc. increased its position in shares of SunPower by 86.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,327 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 2,005 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its position in shares of SunPower by 53.3% during the 3rd quarter. Exchange Traded Concepts LLC now owns 7,296 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 2,537 shares during the last quarter. Institutional investors and hedge funds own 47.36% of the company’s stock.

About SunPower

SunPower Corporation, a solar technology and energy services provider, offers solar, storage, and home energy solutions primarily in the United States and Canada. Its solutions include the Equinox and SunVault systems which are pre-engineered modular solutions for residential applications that combine solar module technology with integrated plug-and-play power stations, cable management systems, and mounting hardware that enable dealers and installers to complete system installations, as well as for end customers to manage their energy production.