SunPower Inc. (SPWR) Stock Price & Analysis
SunPower Inc. (SPWR) is trading at USD 0.23, up 0.48% today, as of October 23, 2026 at 16:39 UTC (US market open; quotes may be delayed), according to Nexqual market data.
SPWR last closed at USD 0.23; today's session has ranged USD 0.22–0.23 on volume of 1,112,670 shares. Market capitalization is $73.38M, with a 52-week range of USD 0.2–2.19 (NGM). Source: Nexqual, retrieved October 23, 2026 at 16:40 UTC.
Also available as compact Markdown for AI agents: nexqual.com/SPWR.md
Key facts (SPWR)
- Last four reported quarters (through Jun 28, 2026): revenue $283M, net income -$10.7M (-3.8% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $22K; 1 not under a Rule 10b5-1 plan ($22K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (2 analysts), mean target USD 1.7 (range 1.4–2).
- Total return with dividends: 1Y -89.1% vs S&P 500 +14.6%; 5Y -97.7% vs S&P 500 +77.3%.
- Next earnings: 2026-11-11, EPS estimate USD -0.03, revenue estimate $71.7M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (SPWR)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | — | $66.5M | $87.6M | $109M | $300M | $283M |
| Gross profit | — | $19.8M | $17.8M | $39.5M | $129M | — |
| Operating income | -$3.8M | -$21.2M | -$52.4M | -$68.5M | -$26.9M | -$56.9M |
| Net income | $5.1M | -$29.5M | -$270M | -$56.5M | -$45.4M | -$10.7M |
| EPS (diluted) | — | -$1.31 | -$4.94 | -$1.22 | -$0.52 | — |
| Free cash flow | — | — | -$58.6M | — | — | — |
| Gross margin | — | 29.8% | 20.3% | 36.3% | 43.1% | — |
| Operating margin | — | -31.8% | -59.8% | -63.0% | -9.0% | -20.1% |
| Net margin | — | -44.3% | -307.7% | -51.9% | -15.1% | -3.8% |
| Revenue growth | — | — | +31.8% | +24.1% | +175.9% | — |
| Cash + short-term investments | $278K | $4.4M | $2.6M | $13.4M | $9.6M | — |
| Total debt | — | $3.4M | $95.2M | $186M | $189M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 28, 2026) (SPWR)
P/S 0.3x · EV/Sales 0.9x · Earnings yield -14.56% · Net debt $176M · EV $249M
Insider sales (SEC Form 4, open-market, last ~7 months) (SPWR)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-09 | Gishen Adam | Director | 70,000 | $22K | 33.2% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (SPWR)
Consensus Buy (mean 2.00 on a 1–5 scale), 2 analysts; mean target USD 1.7 (low 1.4, high 2).
Total return (dividends reinvested) (SPWR)
| 1Y (from 2025-10-23) | 5Y (from 2023-01-02) | |
|---|---|---|
| Total return | -89.1% | -97.7% |
| S&P 500 (SPY) | +14.6% | +77.3% |
| Per year | -89.1% | -63.0% |
| Volatility (annualized) | 104.4% | 114.3% |
| Max drawdown | -89.7% (Oct 2025→Aug 2026) | -97.9% (Jun 2023→Aug 2026) |
SPWR revenue by product line (quarter ended Jun 28, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Residential Solar Installation | $28.7M | 52.3% | -23.3% |
| New Homes Business | $13.5M | 24.6% | -55.2% |
| Dealer | $12.7M | 23.2% | — |
| Total revenue | $54.9M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
SPWR suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | The Solaria | “October 2023, we sold the solar panel assets of The Solaria Corporation, including intellectual property and customer contracts to Maxeon” |
| Customer | Solar Technologies | “October 2023, we sold the solar panel assets of The Solaria Corporation, including intellectual property and customer contracts to Maxeon” |
Quoted from the company's 10-K filed Apr 14, 2026.
Companies that name SPWR in their SEC reports
| Relationship to SPWR | Company | Filing | Sentence |
|---|---|---|---|
| related | Enphase Energy, Inc. (ENPH) | 10-K Feb 17, 2026 | “The CEO of SunPower also serves as a member of the Company's Board of Directors, and therefore this transaction constitutes a related party transaction.” |
SPWR customer concentration
In the period ended Dec 28, 2025, 2 direct customers each accounted for at least 10% (19%, 10%) of revenue, per the company's 10-K filed Apr 14, 2026. The company does not name them.
SPWR company outlook (results filed Jul 28, 2026)
- “Despite a poor Q2'26, we remain optimistic in our outlook for Q3'26.”
- “Program 5 of 9 SunPower Completes Megawatt Millenium Solar Project, Receives High Customer NPS Score (July 16, 2026) Creates A Megawatt of Power From Carport Roofs ·”
Quoted word-for-word from the SEC 8-K results press release.
SPWR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.03 | $-0.02 | +50.0% | $71.7M | 1 |
| Next quarter (ends Dec 2026) | $-0.02 | $0.03 | -166.7% | $72.6M | 1 |
| Current fiscal year (ends Dec 2026) | $-0.12 | $-0.30 | -60.0% | $272.5M | 1 |
| Next fiscal year (ends Dec 2027) | $-0.14 | $0.20 | -168.3% | $325.0M | 2 |
Key Statistics (as of October 23, 2026 at 16:40 UTC)
| Price | USD 0.23 |
|---|---|
| Change | ▲ 0.48% (up) |
| Previous Close | USD 0.23 |
| Open | USD 0.22 |
| Day Range | USD 0.22 – 0.23 |
| 52-Week Range | USD 0.2 – 2.19 |
| Volume | 1,112,670 shares |
| Market Cap | $73.38M |
| Exchange | NGM |
Technical Analysis (SPWR)
Nexqual's technical model rates SPWR "SELL" based on 2 bullish and 5 bearish signals across 128 daily candles, as of October 23, 2026 at 16:40 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 29.34 (oversold) |
| vs SMA50 | Below (USD 0.29) |
| MACD | -0.02 (negative) |
Analyst Ratings (SPWR)
Wall Street analysts rate SPWR "Buy" based on 2 analysts, with a mean price target of USD 1.7 (range USD 1.4–2), per Nexqual as of October 23, 2026 at 16:40 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 2 |
| Mean Target | USD 1.7 |
| High Target | USD 2 |
| Low Target | USD 1.4 |
| Buy / Hold / Sell | 2 / 0 / 0 |
Earnings (SPWR)
| Next Earnings Date | 2026-11-11 |
|---|---|
| EPS Estimate | USD 0.01 |
| Revenue Estimate | $71.65M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0 vs est -0.12 ▲ beat |
| 2025-12-31 | USD -0.14 vs est -0.09 ▼ miss |
| 2025-09-30 | USD -0.2 vs est -0.05 ▼ miss |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
Financials & Fundamentals (SPWR)
| Total Revenue | $283.12M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -17.00% |
| Gross Margin | +52.17% |
| Operating Margin | -42.76% |
| Profit Margin | -3.77% |
| Current Ratio | 0.82 |
| Total Cash | $4.08M |
| Total Debt | $138.18M |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
Financial Health Score (SPWR)
Nexqual rates SunPower Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 16:40 UTC.
| Growth | Strong — Revenue +176% YoY (annual) |
|---|---|
| Profitability | Mixed — Gross margin 52%, operating -43% (last 12 months) |
| Balance Sheet | Mixed — $4M cash and investments vs $180M debt (Jun 2026, SEC) |
| Cash Flow | Weak — Operating cash flow -$15M (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — No data |
Ownership (SPWR)
| Insider Ownership | +20.51% |
|---|---|
| Institutional Ownership | +28.30% |
| Shares Outstanding | 320.30M |
| Float | 92.94M |
| Short % of Float | +8.73% |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
Leadership (SPWR)
SunPower Inc. is led by Thurman John Rodgers, CEO & Executive Chairman, per Nexqual as of October 23, 2026 at 16:40 UTC.
| CEO & Executive Chairman | Thurman John Rodgers |
|---|---|
| Chief Compliance Officer & Director | Christopher Lundell |
| Chief Financial Officer | Tom Kowalczuk |
| Senior Vice President of IT | Venki Sundaresan |
| Vice President of Investor Relations | Sioban Genevieve Hickie |
Major Backers & Investors (SPWR)
Notable institutional backers of SunPower Inc. include Carlyle Group Inc., Polar Asset Management Partners Inc., Cygnus Capital Advisors, LLC, according to Nexqual as of October 23, 2026 at 16:40 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Carlyle Group Inc. | 0.73% |
| Polar Asset Management Partners Inc. | 0.65% |
| Cygnus Capital Advisors, LLC | 0.49% |
| Ardsley Advisory Partners LP | 0.44% |
| Ddd Partners, Llc | 0.43% |
| Prelude Capital Management LLC | 0.4% |
| Renaissance Technologies | 0.34% |
| Westerly Capital Management, LLC | 0.31% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 1.44% |
| BlackRock | 0.39% |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
From SunPower Inc.'s Latest SEC 10-K Filing (filed 2026-04-14)
Key Strengths & Strategy (as disclosed to the SEC)
- SunPower Inc. or SunPower, has created a unique, end-to-end offering that delivers a best-in-class customer experience with a robust technology platform, financing solutions, and high-performance solar equipment.
- We generally enter into confidentiality and invention assignment agreements with employees and contractors, and confidentiality agreements with other third parties, to limit access to, and disclosure and use of, confidential information and proprietary technology.
- The Acquisitions will allow us to accelerate our revenue growth and expand our footprint to deliver solar system sales into regions where we might have not previously done business. sell solar systems to homeowners, home builders and small to medium-sized commercial customers through third-party sales partners.
- The ecosystem we have built provides broad reach, and we believe it positions us for sustained and rapid growth through a capital-efficient business model.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| JKS | JinkoSolar Holding Company Limi | USD 8.21 | ▲ 0.86% |
| ARRY | Array Technologies, Inc. | USD 3.17 | ▼ 4.09% |
| CSIQ | Canadian Solar Inc. | USD 9.2 | ▼ 0.22% |
| SHLS | Shoals Technologies Group, Inc. | USD 7.53 | ▼ 2.59% |
| RUN | Sunrun Inc. | USD 7.54 | ▼ 2.14% |
| SEDG | SolarEdge Technologies, Inc. | USD 33.3 | ▲ 1.09% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 16:40 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt