SunPower Corporation (NASDAQ: SPWR) has been nothing but disappointment for investors over the past twelve months. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Still, there’s reason to believe that its future may be markedly different from the past year.  How may Amazon and Microsoft help SunPower?Copy link to sectionRenewables do not currently make up a significant portion of power generation in the United States. Solar, for example, accounts for ...

The urgency to transition to solar energy has intensified in the effort to combat greenhouse gas emissions. Moving away from fossil fuels to embrace renewable energy sources presents significant investment opportunities despite the substantial financial commitments and time required for this shift. In this context, companies like SunPower (SPWR) , Nextracker (NXT) , and First Solar (FSLR) are strategically positioned to benefit from this transition.Solar Leads in New Energy Capacity AdditionsThe share of re ...

SunPower TodaySPWRSunPower$3.42 +0.10 (+3.01%) 52-Week Range$1.76▼$12.18Price Target$4.56Add to WatchlistSunPower Co. NASDAQ: SPWR offers solar products, including high-efficiency solar panels and complete solar systems, to businesses and homeowners. SunPower manufactures its own photovoltaic (PV) solar panels, Maxeon solar cells with interdigitated back contact (IBC) technology, which are even more efficient than optimized passivated emitter and rear contact (PERC) panels. Maxeon panels absorb more sunligh ...

RICHMOND, Calif., June 3, 2024 /PRNewswire/ -- Today, SunPower (NASDAQ:SPWR) announced it has drawn upon the $50 million second tranche of the $175 million second lien term loan from Sol Holding, LLC ("Sol Holding") that it announced in February 2024. Sol Holding, which is owned jointly by affiliates of TotalEnergies SE and Global Infrastructure Partners, is the majority owner of SunPower's common stock."Today's announcement demonstrates the continued support of our majority shareholders in the long-term va ...

An analyst upgrade of First Solar and increasing awareness that renewable electricity stocks may be "stealth" AI plays propelled the sector higher.Shares of solar-related stocks First Solar (FSLR 18.69%), SunPower (SPWR 14.23%), and Sunnova Energy (NOVA 7.65%) were rocketing higher today, appreciating 18%, 17.4%, and 12.6%, respectively, as of 2:08 p.m. EDT.First Solar received a positive analyst upgrade late yesterday and was up 8% or so on Tuesday before its renewed surge today. However, it appears the op ...

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 affordable s ...

With storage attach-rates soaring, SunPower adds most-requested battery storage to its offerings  SunPower Financial introduces loan and lease financing for Powerwall 3, making home backup even more accessibleRICHMOND, Calif., May 22, 2024 /PRNewswire/ -- 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.  "Homeowners are increa ...

RICHMOND, Calif., May 20, 2024 /PRNewswire/ -- 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 ...

A short squeeze certainly helped.Renewable energy stocks went crazy this week as meme investing returned, short squeezes happened, and there was maybe some light at the end of the tunnel for some of these companies.The biggest move was SunPower (SPWR -15.96%), which was up well over 100% early in the week, and as of noon ET on Friday is now up 43% for the week, according to data provided by S&P Global Market Intelligence. Direct competitor Sunnova Energy International (NOVA -7.08%) was also up as much as 23 ...

The future may be brighter if SunPower stock continues to climb.SunPower (SPWR -4.98%) was caught up in the trading craze early this week, and the stock jumped over 100% at its peak. In this video, Travis Hoium covers why the move is both nothing and very important to the company's success.*Stock prices used were end-of-day prices of May 14, 2024. The video was published on May 15, 2024. ...