SunPower Reports Strong Fourth Quarter and Fiscal Year 2020 Results
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SunPower (SPWR) PT Raised to $40 at Roth Capital
February 18, 2021 5:26 AM ESTRoth Capital analyst Phiilip Shen raised the price target on SunPower (NASDAQ: SPWR) to $40.00 (from $16.00) while maintaining a Buy rating.
The analyst comments "While SPWR provided mixed results/guidance, management is improving GMs, and there seems to be more ahead. Many were... More
SunPower (SPWR) Tops Q4 EPS by 7c, Revenues Miss
February 17, 2021 4:32 PM ESTSunPower (NASDAQ: SPWR) reported Q4 EPS of $0.14, $0.07 better than the analyst estimate of $0.07. Revenue for the quarter came in at $341.8 million versus the consensus estimate of $355.84 million.
"2020 was a transformational year for SunPower: we successfully completed the spin-off of Maxeon, significantly improved our financial performance and rapidly shifted our sales strategy to meet increasing U.S. demand as consumers and businesses look to generate and store their own... More
