SunPower Co. (NASDAQ:SPWR) Expected to Earn Q1 2026 Earnings of $0.04 Per Share

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

SPWR has been the subject of a number of other research reports. UBS Group upped their price objective on SunPower from $4.00 to $4.25 and gave the company a “neutral” rating in a research report on Friday, February 16th. Raymond James cut SunPower from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 4th. Evercore ISI reduced their price target on SunPower from $7.00 to $6.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Wells Fargo & Company restated an “underweight” rating and issued a $4.00 price target (down previously from $6.00) on shares of SunPower in a research report on Monday, January 8th. Finally, Guggenheim cut SunPower from a “neutral” rating to a “sell” rating in a research report on Friday, February 16th. Ten investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, SunPower has an average rating of “Hold” and a consensus price target of $4.82.

SunPower Price Performance

Shares of NASDAQ:SPWR opened at $2.31 on Wednesday. The company has a market cap of $405.08 million, a P/E ratio of -1.69 and a beta of 1.73. SunPower has a 1 year low of $2.21 and a 1 year high of $14.73. The stock’s fifty day moving average price is $3.02 and its 200-day moving average price is $3.91.

SunPower (NASDAQ:SPWR) last announced its quarterly 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). The business had revenue of $356.91 million for the quarter, compared to the consensus estimate of $364.58 million. SunPower had a negative net margin of 14.15% and a negative return on equity of 40.95%.

Hedge Funds Weigh In On SunPower

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV boosted its stake in SunPower by 3.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 24,881 shares of the semiconductor company’s stock valued at $573,000 after buying an additional 782 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in SunPower by 6.3% during the third quarter. Commonwealth Equity Services LLC now owns 13,966 shares of the semiconductor company’s stock valued at $321,000 after buying an additional 823 shares during the last quarter. Toroso Investments LLC boosted its stake in SunPower by 24.7% during the third quarter. Toroso Investments LLC now owns 5,077 shares of the semiconductor company’s stock valued at $117,000 after buying an additional 1,007 shares during the last quarter. Prudential Financial Inc. boosted its stake in SunPower by 11.4% during the second quarter. Prudential Financial Inc. now owns 10,818 shares of the semiconductor company’s stock valued at $164,000 after buying an additional 1,103 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in SunPower by 0.5% during the fourth quarter. Alliancebernstein L.P. now owns 212,391 shares of the semiconductor company’s stock valued at $3,829,000 after buying an additional 1,125 shares during the last quarter. 47.36% of the stock is owned by institutional investors.

SunPower Company Profile

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.