SunPower Corporation (SPWR) AI Stock Analysis

SunPower Corporation delivers solar, storage, and home energy solutions primarily across the United States and Canada. Operating across segments including Residential, Light Commercial, and Commercial and Industrial Solutions, the company supplies solar panels, storage solutions, and integrated home energy systems. It distributes products through third-party installers, non-installing dealers, resellers, and an in-house sales team. Offerings include turn-key engineering, procurement, and construction services, power purchase agreements (PPAs), and roof-mounted, carport, or ground-mounted arrays. SunPower also provides post-installation monitoring, maintenance, residential leasing, and third-party inverter sales to project developers, utilities, production home builders, and building owners.

Annual revenue expanded from $68.8M in FY2021 to $300.0M in FY2025, generating a 5-year revenue CAGR of 59.2%. Despite revenue increasing 175.9% in FY2025, SunPower reported an operating margin of -9.0% and a net loss of -$45.4M. The company remained unprofitable across all reported fiscal periods, posting its largest net loss of -$269.6M in FY2023. Over the trailing twelve months ended June 30, 2026, revenue totaled $283.1M with an EPS of -$0.33 and a net profit margin of -3.8%. In the latest quarter ended June 30, 2026, quarterly revenue fell 17.0% year-over-year while quarterly earnings fell 87.1%.

As of June 30, 2026, SunPower held $4.1M in cash and short-term investments compared to $132.0M in total debt, creating net debt of $127.9M. The company operates with negative shareholders' equity of -$26.3M and a current ratio of 0.82 out of $250.2M in total assets. Operating cash flow in FY2025 was -$15.3M, yielding free cash flow of -$15.3M. To support operations, SunPower recorded share issuance of $16.5M in FY2025, while its share count expanded 382.9% over 5 years.

SunPower trades at an enterprise value of $197.3M and a market capitalization of $78.8M. Its price-to-sales multiple is 0.3x, and its EV-to-EBITDA stands at 6.1x, both below the median of its US-listed Technology peers at 2.8x and 16.6x, respectively. The company has a price-to-book ratio of 1.0x. Over the past year, SPWR shares returned -86.7%, trailing the S&P 500 (SPY) return of 16.8%. Over a 5-year period, the stock fell 97.5% compared to an 83.0% gain for the benchmark index.

Two Wall Street analysts track SunPower, both issuing Strong Buy ratings. The mean price target is $1.70, representing a potential upside of 591.1% from the last close of $0.25 on October 16, 2026. For the fiscal year ending December 31, 2026, analysts estimate revenue of $272.5M and an EPS of -$0.12. For the next fiscal year, consensus estimates forecast revenue to grow 19.3% to $325.0M with an EPS of -$0.14. Over the last four quarters, SunPower met or beat EPS estimates 1 time.

This page is an AI-written research summary of SunPower Corporation (SPWR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: SPWR income statement, SPWR balance sheet, SPWR key metrics, SPWR analyst forecast, SPWR chart. See the SPWR stock overview for the latest quote and news.