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SunPower (NASDAQ: SPWR ) layoffs have the have the solar technology and energy services company cutting 1,000 jobs to reduce operating costs. SunPower notes that these layoffs will result in charges o
SunPower (SPWR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Solar company SunPower said on Wednesday it plans to reduce its workforce and shut down certain business segments as part of a restructuring plan to help lower costs.

5 Stocks to Sell Immediately

03:16pm, Tuesday, 16'th Apr 2024
Last week, I recommended “5 Stocks to Buy as Interest Rates Begin to Fall.” Declining borrowing costs looked set to turn these loss-making firms profitable again – a historically bullish sign fo
Susquehanna International cut its price target on SunPower stock to $3 on Friday. The new price target implies SunPower stock will rise this year, but the company's sales and earnings are expected to
Short-sellers have lost a fortune this year as American equities have continued soaring. The Nasdaq 100 and S&P 500 indices have surged to a record high and analysts expect that this trend may continu
Interest rates were up modestly this week, in contrast to the decrease investors were expecting. The viability of some of these solar companies is coming into question.

Why SunPower Stock Slumped on Thursday

05:58pm, Thursday, 29'th Feb 2024
The solar energy specialist admitted an important regulatory filing would be delayed. The company needs more time to compile its 10-K annual report.
UBS raised its price target on the shares following the publication of fourth-quarter results. Despite the upside implied by the new level, the bank's recommendation remains neutral.
SunPower reported pretty dismal 2023 results last week. For the year the residential solar company lost $247 million on $1.7 billion in revenue.
SunPower's (SPWR) reports a Q4 loss. Revenues decline on a year-over-year basis.

2 solar stocks ready to shine bright in 2024

07:23am, Tuesday, 20'th Feb 2024
While the oils/energy sector had modest gains in 2023, solar energy stocks took a beating. The Invesco Solar ETF NYSEARCA: TAN is down 38.53% on a trailing 12-month basis and down 12% year-to-date (YT
There are some great solar stocks to buy for February. These companies trade at attractive valuations and have great growth prospects.
SunPower reported $357 million in quarterly revenue and a loss of $124 million for the latest quarter. New financing of up to $200 million will allow the company to survive for the next year.
SunPower (SPWR) came out with a quarterly loss of $0.51 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to earnings of $0.15 per share a year ago.
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