SunPower Reports Third Quarter 2021 Results

Go back to SunPower Reports Third Quarter 2021 Results

SunPower (SPWR) PT Raised to $28 at Cowen

November 4, 2021 7:28 AM EDT

Cowen analyst Jeffrey Osborne raised the price target on SunPower (NASDAQ: SPWR) to $28.00 (from $26.00) while maintaining a Market Perform rating.

The analyst commented, "SunPower is incrementally closer to transitioning into a pure residential and light commercial business. Management plans on providing an... More

SunPower (SPWR) Tops Q3 EPS by 3c

November 3, 2021 4:25 PM EDT

SunPower (NASDAQ: SPWR) reported Q3 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $323.6 million versus the consensus estimate of $335.33 million.

GUIDANCE:

SunPower sees Q4 2021 revenue of $330-380 million, excluding CIS and Legacy... More