1 Solar Stock Could Crush Expectations [The Motley Fool]
SunPower Corporation (SPWR)
Last sunpower corporation earnings: 2/12 04:05 pm
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US:NASDAQ Investor Relations:
investors.sunpower.com
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Source: The Motley Fool
SunPower has gotten a lot of good news in the last few months, yet the stock keeps dropping. On September 18, 2018, the Trump administration announced a tariff exemption for SunPower Corporation 's ( NASDAQ:SPWR ) high-efficiency solar panels, currently being produced in Asia. The exemption will allow the company to bring panels used for high-value rooftop solar into the U.S. tariff-free, making them more competitive with primarily Asian-made commodity solar panels. The amazing news is that the exemption should save SunPower about $100 million in tariff costs over the next year . You might think the market would respond positively to news like that, but instead SunPower's stock has dropped 14.7% since the announcement. Sometimes the market does wild things, and what I think it's missing is that newly lowered costs and strong demand have SunPower set up to crush expectations in the second half of the year. Image source: SunPower. 2018 is shaping up to be a go
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SPWR
News
- SunPower slammed by Wells Fargo sell rating as U.S. solar policy 'not supportive' [Seeking Alpha]Seeking Alpha
- SunPower Co. (<a href="https://www.marketbeat.com/stocks/NASDAQ/SPWR/price-target/">NASDAQ: SPWR</a>) is now covered by analysts at Wells Fargo & Company. They set an "underweight" rating on the stock.MarketBeat
- INVESTOR ALERT: Kaskela Law LLC Announces Investigation of SunPower Corp. and Encourages Current SPWR Stockholders to Contact the FirmGlobeNewswire
- SunPower and Sunnova Energy Are Downgraded. Buy Sunrun Instead, Goldman Says. [MarketWatch]MarketWatch
- SunPower Co. (<a href="https://www.marketbeat.com/stocks/NASDAQ/SPWR/price-target/">NASDAQ: SPWR</a>) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "sell" rating.MarketBeat
SPWR
Earnings
- 5/5/22 - Beat
SPWR
Sec Filings
- 7/5/22 - Form 4
- 6/14/22 - Form 8-K
- 5/31/22 - Form 8-K
- SPWR's page on the SEC website