It’s been a crucial week for SunPower Corporation (NASDAQ:SPWR); here’s what analysts have to say.

SunPower Corporation (NASDAQ:SPWR) Logo
Investors sentiment increased to 1.55 in 2019 Q1. Its up 0.53, from 1.02 in 2018Q4. It increased, as 12 investors sold SunPower Corporation shares while 28 reduced holdings. 19 funds opened positions while 43 raised stakes. 34.87 million shares or 5.59% more from 33.03 million shares in 2018Q4 were reported.
Signaturefd Limited Liability Corp stated it has 0% of its portfolio in SunPower Corporation (NASDAQ:SPWR). Ameritas Inv Ptnrs holds 0% in SunPower Corporation (NASDAQ:SPWR) or 5,246 shares. Glenmede Tru Na has invested 0% in SunPower Corporation (NASDAQ:SPWR). Raymond James Assoc invested in 49,202 shares. Domini Impact Invests Ltd owns 1.86% invested in SunPower Corporation (NASDAQ:SPWR) for 18,573 shares. Geode Mngmt Limited Liability Corp holds 813,677 shares or 0% of its portfolio. Moreover, Great West Life Assurance Can has 0% invested in SunPower Corporation (NASDAQ:SPWR) for 9,480 shares. North Star Investment Management Corp has invested 0.03% of its portfolio in SunPower Corporation (NASDAQ:SPWR). Bessemer Group Incorporated Inc has 0% invested in SunPower Corporation (NASDAQ:SPWR) for 2,500 shares. Quinn Opportunity Prtn Ltd Liability Co owns 201,701 shares. Parallax Volatility Advisers Limited Partnership has invested 0% in SunPower Corporation (NASDAQ:SPWR). Ameriprise Financial reported 62,860 shares. Exane Derivatives has 0% invested in SunPower Corporation (NASDAQ:SPWR). Burns J W Ny owns 25,100 shares for 0.04% of their portfolio. Deutsche Bank & Trust Ag has 0% invested in SunPower Corporation (NASDAQ:SPWR) for 87,720 shares.

Since December 31, 2018, it had 0 buys, and 1 sale for $4,155 activity.

SunPower Corporation (NASDAQ:SPWR) Ratings Coverage

Among 3 analysts covering SunPower (NASDAQ:SPWR), 0 have Buy rating, 2 Sell and 1 Hold. Therefore 0 are positive. SunPower had 7 analyst reports since January 8, 2019 according to SRatingsIntel. Bank of America downgraded the stock to “Sell” rating in Friday, February 15 report. Credit Suisse downgraded it to “Hold” rating and $7 target in Friday, February 15 report. Below is a list of SunPower Corporation (NASDAQ:SPWR) latest ratings and price target changes.

23/04/2019 Broker: BidaskScore Rating: Hold Downgrade
11/04/2019 Broker: JP Morgan Rating: Neutral Reinitiate
08/04/2019 Broker: BidaskScore Rating: Hold Upgrade
14/02/2019 Broker: Barclays Capital Rating: Sell New Target: $3.5
15/02/2019 Broker: Credit Suisse Rating: Hold New Target: $7 Downgrade
15/02/2019 Broker: Bank of America Rating: Sell Downgrade
08/01/2019 Broker: Barclays Capital Rating: Underweight New Target: $4 Initiates Coverage On

The stock decreased 5.91% or $0.5 during the last trading session, reaching $7.96. About 2.36M shares traded or 35.19% up from the average. SunPower Corporation (NASDAQ:SPWR) has declined 8.35% since June 12, 2018 and is downtrending. It has underperformed by 12.78% the S&P500.

SunPower Corporation researches, develops, makes, and delivers solar solutions worldwide. The company has market cap of $1.13 billion. It operates through three divisions: Residential, Commercial, and Power Plant. It currently has negative earnings. The firm provides solar power components, including panels and other system components.

More notable recent SunPower Corporation (NASDAQ:SPWR) news were published by: Fool.com which released: “2 Million U.S. Solar Installations Are Just the Start – Motley Fool” on May 20, 2019, also Nasdaq.com with their article: “Solar Energy Is Hot in 2019 – Nasdaq” published on April 21, 2019, Nasdaq.com published: “Noteworthy Friday Option Activity: IMGN, SPWR, MMM – Nasdaq” on April 12, 2019. More interesting news about SunPower Corporation (NASDAQ:SPWR) were released by: Fool.com and their article: “SunPower Introduces Its Key Product for 2019 – Motley Fool” published on March 06, 2019 as well as Fool.com‘s news article titled: “3 Top Solar Stocks to Watch in December – The Motley Fool” with publication date: December 24, 2018.

SunPower Corporation (NASDAQ:SPWR) Institutional Positions Chart

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