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SunPower Corp SPWR Stock Quote

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Morningstar‘s Stock Analysis SPWR

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SunPower Reaffirms 2022 Guidance; Raising Our Fair Value Estimate to $24 on Policy Upside

Brett Castelli Equity Analyst

Analyst Note

| Brett Castelli |

We've raised our fair value estimate for SunPower to $24 per share from $20 following second-quarter results. The primary driver of the valuation increase is an increase in our long-term revenue forecast based on upside from the proposed Inflation Reduction Act of 2022.

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Key Statistics SPWR

Company Profile SPWR

Business Description

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.

51 Rio Robles
San Jose, CA, 95134
T +1 408 240-5500
Industry Solar
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 30, 2019
Stock Type Slow Growth
Employees 3,660

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