SPWR - Sunpower Corp8:00:00 PM 5/28/2024
+ 0.06 (2.05%)
SunPower Corporation is an American energy company that designs and manufactures crystalline silicon photovoltaic cells and solar panels based on an all-back-contact solar cell invented at Stanford University. The company is majority owned by Total and is publicly traded on the NASDAQ as SPWR. The initial technology and ideas that led to the creation of SunPower started from solar power research projects in the lab of Richard Swanson, a professor of electrical engineering at Stanford University. On April 24, 1985, EOS Electric Power was officially incorporated by co-founders, Richard Swanson and Richard Crane, an engineer in Swanson's lab. Robert Lorenzini later joined and the company's name was changed to SunPower in 1988. The original plan was to develop and market solar concentrator systems and the next couple years were spent securing funding.
Quarterly financials
(USD)Oct 2023Q/Q
Gross Profit72.5MM-2%
Cost Of Revenue358.2MM-8%
Operating Income-32.3MM+39%
Operating Expenses104.8MM+8%
Net Income-37.4MM+20%
Interest Expense7.7MM+32%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 


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Stock news

    An analyst upgrade of First Solar and increasing awareness that renewable electricity stocks may be "stealth" AI plays propelled the sector higher.

    Solar technology and energy services provider SunPower (NASDAQ:SPWR) saw its shares rise dramatically higher on Wednesday. Earlier, the company announced that it will add the Tesla (NASDAQ:TSLA) Powerwall 3, a battery storage system, to its portfolio. While SPWR stock soared on the positive consumer implications, it remains a highly speculative investment. According to a corporate press release, SunPower will offer the latest Powerwall system “as part of its curated portfolio of high quality and

    SunPower (NASDAQ:SPWR), America's highest-rated† residential solar energy company, today announced it will now be offering Tesla Powerwall 3 as part of its curated portfolio of high quality and affordable solar and storage products.

    In this article we take a look at 4 tech stocks Ray Dalio’s Bridgewater Associates was selling in Q1’2024. To see more such stocks, click Billionaire Ray Dalio is Selling These Tech Stocks in 2024. 4. SunPower Corporation (NYSE:SPWR) Number of Hedge Fund Holders: 14 SunPower Corporation (NYSE:SPWR) makes photovoltaic solar energy generation systems and […]

    SunPower (NASDAQ:SPWR) received on May 17, 2024, a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission (the "SEC"), as a result of not having timely filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024 (the "Q1 2024 10-Q") with th -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Intel, Robinhood (NASDAQ:HOOD) and Boston Beer (NYSE:SAM); downgrade for SunPower (NASDAQ:SPWR).

    Meme stock frenzy begins to fizzle05-17-2024 20:09:10 PM

    Meme stocks have made a return after popular Reddit contributor Keith Gill, also known as "Roaring Kitty," returned to social media. Stocks like GameStop (GME) and AMC Entertainment (AMC) saw a bump in trading but, as of Friday afternoon, are showing signs of fizzling out. Other companies, including small-cap stocks like Faraday Future Intelligent Electric (FFIE) and Greenwave Technology Solutions (GWAV) were caught up in the meme craze, seeing triple-digit percentage gains for the week. Yahoo F...

    A short squeeze certainly helped.

    Lesser-known small-cap stocks took part in the meme craze this week, outperforming flagship names.

    There were some big stock moves this week and short squeezes are to blame.