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 decreased to 1.49 in Q2 2019. Its down 0.06, from 1.55 in 2019Q1. It dived, as 20 investors sold SunPower Corporation shares while 27 reduced holdings. 30 funds opened positions while 40 raised stakes. 35.75 million shares or 2.52% more from 34.87 million shares in 2019Q1 were reported.
Jpmorgan Chase Com holds 0% of its portfolio in SunPower Corporation (NASDAQ:SPWR) for 186,500 shares. Fifth Third Fincl Bank holds 0% of its portfolio in SunPower Corporation (NASDAQ:SPWR) for 10,000 shares. Driehaus Capital Mngmt Ltd holds 33,000 shares or 0.01% of its portfolio. Quantbot Techs Limited Partnership reported 0.01% in SunPower Corporation (NASDAQ:SPWR). Morgan Stanley holds 936,914 shares or 0% of its portfolio. New Jersey-based Bessemer has invested 0% in SunPower Corporation (NASDAQ:SPWR). Sg Americas Lc reported 12,681 shares. Aqr Cap Mngmt Llc has 0% invested in SunPower Corporation (NASDAQ:SPWR). Peoples Fin Service Corp, a Pennsylvania-based fund reported 30 shares. Fuller Thaler Asset Inc accumulated 747,903 shares or 0.09% of the stock. Millennium Mgmt Ltd Liability Com holds 0% or 494,816 shares in its portfolio. Legal General Grp Public Limited Com owns 22,184 shares. Private Advisor Gp Ltd Liability has 13,777 shares. Retail Bank Of Montreal Can has 25,444 shares for 0% of their portfolio. First Advisors Limited Partnership stated it has 0% of its portfolio in SunPower Corporation (NASDAQ:SPWR).

SunPower Corporation (NASDAQ:SPWR) Ratings Coverage

Among 2 analysts covering SunPower (NASDAQ:SPWR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. SunPower has $1100 highest and $10 lowest target. $10.50’s average target is -15.59% below currents $12.44 stock price. SunPower had 6 analyst reports since April 8, 2019 according to SRatingsIntel. The stock of SunPower Corporation (NASDAQ:SPWR) has “Hold” rating given on Wednesday, June 19 by Robert W. Baird. The stock of SunPower Corporation (NASDAQ:SPWR) has “Buy” rating given on Tuesday, June 18 by Goldman Sachs. Below is a list of SunPower Corporation (NASDAQ:SPWR) latest ratings and price target changes.

19/06/2019 Broker: Robert W. Baird Rating: Hold New Target: $10 Maintain
19/06/2019 Broker: Raymond James Old Rating: Outperform New Rating: Market Perform Downgrade
18/06/2019 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy New Target: $11.0000 Upgrade
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

The stock increased 2.22% or $0.27 during the last trading session, reaching $12.44. About 504,310 shares traded. SunPower Corporation (NASDAQ:SPWR) has risen 72.42% since September 14, 2018 and is uptrending. It has outperformed by 72.42% the S&P500.

SunPower Corporation researches, develops, makes, and delivers solar solutions worldwide. The company has market cap of $1.77 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: Nasdaq.com which released: “SunPower Corp (SPWR) to Post Q2 Earnings: What’s in Store? – Nasdaq” on July 26, 2019, also Finance.Yahoo.com with their article: “The SunPower (NASDAQ:SPWR) Share Price Is Down 70% So Some Shareholders Are Rather Upset – Yahoo Finance” published on July 05, 2019, Nasdaq.com published: “SunPower (SPWR) Up 13% Since Last Earnings Report: Can It Continue? – Nasdaq” on June 08, 2019. More interesting news about SunPower Corporation (NASDAQ:SPWR) were released by: Seekingalpha.com and their article: “The ‘Wind’ Appears To Be Behind SunPower’s Back – Seeking Alpha” published on August 30, 2019 as well as Fool.com‘s news article titled: “Tesla’s “Relaunch” of Solar Is Another Swing and Miss – The Motley Fool” with publication date: August 24, 2019.

SunPower Corporation (NASDAQ:SPWR) Institutional Positions Chart

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