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

SunPower Co. (NASDAQ:SPWR) – Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for SunPower in a research report issued to clients and investors on Tuesday, April 16th. Zacks Research analyst A. Dutta now expects that the semiconductor company will post earnings per share of $0.04 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.

Several other analysts have also issued reports on SPWR. Susquehanna cut their price objective on SunPower from $4.50 to $3.00 and set a “neutral” rating for the company in a report on Friday, April 5th. The Goldman Sachs Group cut their target price on SunPower from $4.00 to $2.50 and set a “sell” rating on the stock in a report on Monday, January 22nd. UBS Group raised their target price on SunPower from $4.00 to $4.25 and gave the company a “neutral” rating in a report on Friday, February 16th. Evercore ISI cut their target price on SunPower from $7.00 to $6.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. Finally, Citigroup cut their target price on SunPower from $3.00 to $2.50 and set a “sell” rating on the stock in a report on Thursday, March 28th. Ten investment analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $4.82.

SunPower Stock Performance

Shares of NASDAQ:SPWR opened at $2.31 on Wednesday. SunPower has a 1 year low of $2.21 and a 1 year high of $14.73. The business has a fifty day simple moving average of $3.02 and a 200 day simple moving average of $3.91. The firm has a market cap of $405.08 million, a price-to-earnings ratio of -1.69 and a beta of 1.73.

SunPower (NASDAQ:SPWR) last announced its quarterly earnings data on Thursday, February 15th. The semiconductor company reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by ($0.24). SunPower had a negative return on equity of 40.95% and a negative net margin of 14.15%. The firm had revenue of $356.91 million for the quarter, compared to analysts’ expectations of $364.58 million.

Institutional Investors Weigh In On SunPower

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

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.