Jefferies initiated coverage of SunPower with a rating of Hold and set a new price target of $5.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/19/2024 | Neutral → Underperform | Mizuho | |
| 5/15/2024 | $2.00 | Peer Perform → Underperform | Wolfe Research |
| 4/23/2024 | $6.00 | Outperform → In-line | Evercore ISI |
| 2/16/2024 | $1.00 | Neutral → Sell | Guggenheim |
| 1/11/2024 | $5.50 → $4.00 | Positive → Neutral | Susquehanna |
| 1/8/2024 | $6.00 → $4.00 | Equal Weight → Underweight | Wells Fargo |
| 1/4/2024 | Outperform → Mkt Perform | Raymond James | |
| 12/18/2023 | $5.00 → $4.00 | Neutral → Sell | Goldman |
SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy technology, today announced the appointment of Yoram Tietz and Gilad Almogy to its Board of Directors, effective January 6, 2025. Mr. Tietz has been appointed as chair the Board's Audit Committee, while Mr. Almogy joined the Board's Technology Committee. Yoram Tietz is a Senior Advisor to General Atlantic, a leading global growth equity investment fund where he provides strategic support and counsel for General Atlantic's investing platform in Israel. Prior to joining General Atlantic, Mr. Tietz spent 27 years at Ernst & Young (EY), including more than 15 years as Managing Partner of EY Israel. Prior to his role a
Gregg Lowe to Depart as President & CEO and as a Member of the Board of Directors Current Chairman Thomas Werner Appointed Executive Chairman Search Process Underway to Identify Permanent CEO Wolfspeed (NYSE:WOLF) today announced that its Board of Directors (the "Board") has determined and agreed with Gregg Lowe that he will depart this month from his roles as Wolfspeed's President and Chief Executive Officer and as a member of the Board. The Board is conducting a search to identify a permanent CEO with the support of a leading global executive search firm. The Board has appointed Thomas Werner, Chairman of the Board, as Executive Chairman while the Board works to identify Wolfs
RICHMOND, Calif., Aug. 12, 2024 /PRNewswire/ -- SunPower Corp. (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that the Company received a notice from the Nasdaq Stock Market LLC ("Nasdaq") that it has determined to delist the Company's common stock on Nasdaq. The delisting is a result of the Company's failure to demonstrate compliance with Nasdaq Listing Rules 5101, 5110(b), and IM-5101-1 as a result of the Company and certain of its direct and indirect subsidiaries filing voluntary petitions for relief under Chapter 11 of Title 11 of the United States Bankruptcy Code ("Chapter 11") in the United States Bankruptcy Court for
Mizuho downgraded SunPower from Neutral to Underperform
Wolfe Research downgraded SunPower from Peer Perform to Underperform and set a new price target of $2.00
Evercore ISI downgraded SunPower from Outperform to In-line and set a new price target of $6.00
3 - SUNPOWER CORP (0000867773) (Issuer)
3 - SUNPOWER CORP (0000867773) (Issuer)
3 - SUNPOWER CORP (0000867773) (Issuer)
8-K - SUNPOWER CORP (0000867773) (Filer)
NT 10-Q - SUNPOWER CORP (0000867773) (Filer)
8-K - SUNPOWER CORP (0000867773) (Filer)
SC 13D/A - SUNPOWER CORP (0000867773) (Subject)
SC 13D/A - SUNPOWER CORP (0000867773) (Subject)
SC 13G - SUNPOWER CORP (0000867773) (Subject)
SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy technology, today announced the appointment of Yoram Tietz and Gilad Almogy to its Board of Directors, effective January 6, 2025. Mr. Tietz has been appointed as chair the Board's Audit Committee, while Mr. Almogy joined the Board's Technology Committee. Yoram Tietz is a Senior Advisor to General Atlantic, a leading global growth equity investment fund where he provides strategic support and counsel for General Atlantic's investing platform in Israel. Prior to joining General Atlantic, Mr. Tietz spent 27 years at Ernst & Young (EY), including more than 15 years as Managing Partner of EY Israel. Prior to his role a
Gregg Lowe to Depart as President & CEO and as a Member of the Board of Directors Current Chairman Thomas Werner Appointed Executive Chairman Search Process Underway to Identify Permanent CEO Wolfspeed (NYSE:WOLF) today announced that its Board of Directors (the "Board") has determined and agreed with Gregg Lowe that he will depart this month from his roles as Wolfspeed's President and Chief Executive Officer and as a member of the Board. The Board is conducting a search to identify a permanent CEO with the support of a leading global executive search firm. The Board has appointed Thomas Werner, Chairman of the Board, as Executive Chairman while the Board works to identify Wolfs
NEW YORK, Aug. 6, 2024 /PRNewswire/ -- SolarWinds Corp. (NYSE:SWI) will replace SunPower Corp. (NASD: SPWR) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, August 9. SunPower has filed for Chapter 11 bankruptcy and is no longer eligible for continued inclusion in the S&P SmallCap 600. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector August 9, 2024 S&P SmallCap 600 Addition SolarWinds SWI Information Technology August 9, 2024 S&P SmallCap 600 Deletion SunPower SPWR Industrials For more information about S&P Dow Jones Indices, pleas
Added 16,000 customers in Q4, 75,900 new customers in FY 2023Reported Q4 revenue of $357 million; FY 2023 revenue of $1.7 billion Reported Q4 GAAP Net Loss of ($124) million and Adjusted EBITDA of ($68) million; FY 2023 GAAP Net Loss of ($247) million and Adjusted EBITDA of ($84) million Announced $175 million of additional capital and $25 million of additional revolving debt capacityRICHMOND, Calif., Feb. 15, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today announced financial results for the fourth quarter and full year ending December 31, 2023.
Added 20,400 customers in Q2, entering Q3 with backlog of 20,000 retrofit customers and 39,000 New Homes customers Increased GAAP Revenue 11% year-over-year Reported Q2 GAAP Net Loss of ($30) million, Adjusted EBITDA of ($3) million Previously announced updated Guidance to reflect current market conditions SunPower Financial™ to become ADT Solar's exclusive lease and PPA providerRICHMOND, Calif., Aug. 1, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced financial results for the second quarter, ending July 2, 2023.
Preliminary second quarter GAAP Net Loss of ($30) million, Adjusted EBITDA of approximately ($3) millionPreliminary second quarter customer growth of 20,400 new customersPreliminary second quarter Revenue of $464 million, 11% higher year-over-yearReduced 2023 outlook for customer growth and Adjusted EBITDARICHMOND, Calif., July 26, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, today provided preliminary unaudited financial results for the second quarter ending July 2, 2023. "Demand in the second quarter has weakened