Symbols / SPWR $1.19 -4.80% SunPower Inc.

Technology • Solar • United States • NGM
SPWR Chart
About

SunPower Inc. engages in the provision of solar system sales and installation in the United States. It operates through Residential Solar Installation and New Homes Business segments. The company also installs storage and batteries. In addition, it offers a technology platform, financing solutions, and solar modules. The company sells its products to homeowners, home builders, and small to medium-sized commercial customers through third-party sales partners. The company was formerly known as Complete Solaria, Inc. and changed its name to SunPower Inc. in October 2025. SunPower Inc. is headquartered in Fremont, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Solar Market Cap 142.25M
Enterprise Value 343.36M Income 16.89M Sales 308.94M
Book/sh -1.26 Cash/sh 0.05 Dividend Yield
Payout 0.00% Employees 600 IPO
P/E 19.83 Forward P/E 5.95 PEG
P/S 0.46 P/B -0.94 P/C
EV/EBITDA -25.66 EV/Sales 1.11 Quick Ratio 0.74
Current Ratio 1.00 Debt/Eq LT Debt/Eq
EPS (ttm) 0.06 EPS next Y 0.20 EPS Growth
Revenue Growth 11.64% Earnings 2026-04-14 ROA -7.68%
ROE ROIC Gross Margin 43.56%
Oper. Margin -4.92% Profit Margin 5.11% Shs Outstand 119.54M
Shs Float 61.25M Short Float 13.08% Short Ratio 8.29
Short Interest 52W High 2.50 52W Low 1.13
Beta 0.83 Avg Volume 1.49M Volume 707.76K
Target Price $5.70 Recom Strong_buy Prev Close $1.25
Price $1.19 Change -4.80%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.70
Mean price target
2. Current target
$1.22
Latest analyst target
3. DCF / Fair value
$-4.85
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.22
Low
$5.40
High
$6.00
Mean
$5.70

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-03-13 down Janney Montgomery Scott Buy → Neutral
2024-11-14 reit Cantor Fitzgerald Overweight → Overweight $6
2024-07-23 main Goldman Sachs Sell → Sell $1
2024-07-19 main Citigroup Sell → Sell $0
2024-07-19 down Mizuho Neutral → Underperform $1
2024-07-18 main GLJ Research Sell → Sell
2024-07-16 reit GLJ Research Sell → Sell $2
2024-07-15 main Susquehanna Neutral → Neutral $3
2024-06-05 main Goldman Sachs Sell → Sell $2
2024-06-04 reit GLJ Research Sell → Sell $2
2024-05-16 reit GLJ Research Sell → Sell $2
2024-05-15 down Wolfe Research Peer Perform → Underperform
2024-04-29 main Scotiabank Sector Perform → Sector Perform $4
2024-04-23 down Evercore ISI Group Outperform → In-Line $6
2024-04-19 main Mizuho Neutral → Neutral $4
2024-04-05 main Susquehanna Neutral → Neutral $3
2024-03-28 main Citigroup Sell → Sell $3
2024-03-11 main Piper Sandler Neutral → Neutral $3
2024-02-20 main Evercore ISI Group Outperform → Outperform $6
2024-02-16 main UBS Neutral → Neutral $4
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-12-16 THIAM TIDJANE CHEICK Director 989,769 $1.27 $1,577,175
2025-10-24 THIAM TIDJANE CHEICK Director 86,956 $2.01 $174,782
2025-10-23 GISHEN ADAM Director 20,000 $2.04 $40,800
2025-07-09 MCCRANIE JOHN DANIEL Director 1,243,169 $0.00 $0
2025-06-03 RODGERS THURMAN JOHN Chief Executive Officer 606,000 $1.68 $1,018,080
2025-06-02 RODGERS THURMAN JOHN Chief Executive Officer 21,177 $1.49 $31,554
2025-05-30 RODGERS THURMAN JOHN Chief Executive Officer 300,000 $1.38 $414,000
2025-05-23 ALVAREZ ANTONIO R Director 106,557 $0.00 $0
2025-05-23 PASEK RONALD JAMES Director 112,022 $0.00 $0
2025-05-23 THIAM TIDJANE CHEICK Director 103,825 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
108.74
+24.11%
87.62
+31.80%
66.47
-3.40%
68.82
Operating Revenue
108.74
+24.11%
87.62
+31.80%
66.47
-3.40%
68.82
Cost Of Revenue
69.24
-0.84%
69.83
+49.69%
46.65
+16.26%
40.12
Reconciled Cost Of Revenue
69.24
-0.84%
69.83
+49.69%
46.65
+16.26%
40.12
Gross Profit
39.50
+122.07%
17.79
-10.29%
19.83
-30.90%
28.69
Operating Expense
108.01
+53.98%
70.15
+71.15%
40.98
+13.78%
36.02
Selling General And Administration
108.01
+53.98%
70.15
+71.15%
40.98
+13.78%
36.02
Selling And Marketing Expense
31.42
-17.43%
38.05
+39.11%
27.35
-9.55%
30.24
General And Administrative Expense
76.59
+138.62%
32.10
+135.43%
13.63
+135.88%
5.78
Other Gand A
76.59
+138.62%
32.10
+135.43%
13.63
+135.88%
5.78
Total Expenses
177.25
+26.63%
139.97
+59.73%
87.63
+15.09%
76.14
Operating Income
-68.51
-30.85%
-52.36
-147.47%
-21.16
-188.75%
-7.33
Total Operating Income As Reported
-68.51
-30.85%
-52.36
-147.47%
-21.16
-188.75%
-7.33
EBITDA
-35.48
+56.33%
-81.25
-263.36%
-22.36
-214.82%
-7.10
Normalized EBITDA
-69.07
-61.08%
-42.88
-110.34%
-20.39
-187.01%
-7.10
Reconciled Depreciation
2.74
+194.19%
0.93
+43.52%
0.65
+39.96%
0.46
EBIT
-38.22
+53.49%
-82.18
-257.17%
-23.01
-204.12%
-7.57
Total Unusual Items
33.58
+187.51%
-38.38
-1842.05%
-1.98
Total Unusual Items Excluding Goodwill
33.58
+187.51%
-38.38
-1842.05%
-1.98
Special Income Charges
22.34
+242.29%
-15.70
-585.26%
3.23
Other Special Charges
-22.34
-316.07%
10.34
+419.57%
-3.23
Restructuring And Mergern Acquisition
0.00
-100.00%
2.39
0.00
Net Income
-56.45
+79.06%
-269.56
-814.46%
-29.48
-217.61%
-9.28
Pretax Income
-54.44
+43.42%
-96.22
-243.68%
-28.00
-201.75%
-9.28
Net Non Operating Interest Income Expense
-19.97
-42.69%
-14.00
-181.01%
-4.98
-190.95%
-1.71
Interest Expense Non Operating
16.22
+15.61%
14.03
+181.45%
4.99
+191.24%
1.71
Net Interest Income
-19.97
-42.69%
-14.00
-181.01%
-4.98
-190.95%
-1.71
Interest Expense
16.22
+15.61%
14.03
+181.45%
4.99
+191.24%
1.71
Interest Income Non Operating
0.02
-47.22%
0.04
+620.00%
0.01
0.00
Interest Income
0.02
-47.22%
0.04
+620.00%
0.01
0.00
Other Income Expense
34.04
+213.98%
-29.86
-1507.21%
-1.86
-677.41%
-0.24
Other Non Operating Income Expenses
0.46
-94.66%
8.51
+7114.41%
0.12
+149.37%
-0.24
Gain On Sale Of Security
11.25
+149.59%
-22.68
-335.18%
-5.21
Gain On Sale Of Business
0.00
+100.00%
-2.97
Tax Provision
0.00
+100.00%
-0.02
-174.07%
0.03
+800.00%
0.00
Tax Rate For Calcs
0.00
-100.00%
0.00
-99.90%
0.00
-22.22%
0.00
Tax Effect Of Unusual Items
0.00
+100.00%
-0.01
+98.08%
-0.41
0.00
Net Income Including Noncontrolling Interests
-56.45
+79.06%
-269.56
-814.46%
-29.48
-217.61%
-9.28
Net Income From Continuing Operation Net Minority Interest
-54.44
+43.40%
-96.20
-243.28%
-28.02
-201.94%
-9.28
Net Income From Continuing And Discontinued Operation
-56.45
+79.06%
-269.56
-814.46%
-29.48
-217.61%
-9.28
Net Income Continuous Operations
-54.44
+43.40%
-96.20
-243.28%
-28.02
-201.94%
-9.28
Net Income Discontinuous Operations
-2.01
+98.84%
-173.36
-11822.83%
-1.45
Normalized Income
-88.03
-52.22%
-57.83
-118.54%
-26.46
-185.12%
-9.28
Net Income Common Stockholders
-56.45
+79.06%
-269.56
-814.46%
-29.48
-217.61%
-9.28
Diluted EPS
-1.22
+75.30%
-4.94
-659.02%
-0.65
-217.61%
-0.20
Basic EPS
-0.85
+82.79%
-4.94
-659.02%
-0.65
-217.61%
-0.20
Basic Average Shares
66.66
+169.61%
24.72
-45.41%
45.29
+0.00%
45.29
Diluted Average Shares
75.79
+206.57%
24.72
-45.41%
45.29
+0.00%
45.29
Diluted NI Availto Com Stockholders
-56.45
+79.06%
-269.56
-814.46%
-29.48
-217.61%
-9.28
Total Other Finance Cost
3.77
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
144.47
+205.28%
47.32
-79.26%
228.18
+764.23%
26.40
Current Assets
95.60
+153.26%
37.75
-31.68%
55.26
+133.37%
23.68
Cash Cash Equivalents And Short Term Investments
13.38
+415.93%
2.59
-41.19%
4.41
-16.43%
5.28
Cash And Cash Equivalents
13.38
+415.93%
2.59
-41.19%
4.41
-16.43%
5.28
Receivables
51.91
+97.51%
26.28
-5.18%
27.72
+206.71%
9.04
Accounts Receivable
25.84
-1.67%
26.28
-5.18%
27.72
+206.71%
9.04
Gross Accounts Receivable
27.54
-23.76%
36.13
+11.06%
32.53
Allowance For Doubtful Accounts Receivable
-1.70
+82.72%
-9.85
-104.61%
-4.81
Other Receivables
26.07
Inventory
22.11
+623.02%
3.06
-76.58%
13.06
+196.19%
4.41
Prepaid Assets
3.41
-29.04%
4.80
-47.20%
9.09
+90.59%
4.77
Current Deferred Assets
3.76
0.00
Other Current Assets
1.04
+2.36%
1.02
+3.89%
0.98
+431.52%
0.18
Total Non Current Assets
48.86
+410.44%
9.57
-94.46%
172.93
+6243.62%
2.73
Net PPE
8.53
+53.71%
5.55
-1.87%
5.66
+118.96%
2.58
Gross PPE
9.45
+3.13%
9.16
+12.62%
8.14
+83.41%
4.44
Accumulated Depreciation
-0.92
+74.63%
-3.61
-45.72%
-2.48
-33.80%
-1.85
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
6.39
-11.48%
7.22
+37.63%
5.25
+45.32%
3.61
Other Properties
3.04
+146.23%
1.24
-43.40%
2.18
+164.16%
0.83
Leases
0.02
-97.46%
0.71
+0.00%
0.71
0.00
Goodwill And Other Intangible Assets
35.86
0.00
-100.00%
162.03
+224944.44%
0.07
Goodwill
18.48
0.00
-100.00%
119.42
0.00
Other Intangible Assets
17.39
42.61
+59080.56%
0.07
Non Current Prepaid Assets
0.00
-100.00%
0.07
Other Non Current Assets
4.47
+11.14%
4.02
-97.60%
167.27
Total Liabilities Net Minority Interest
242.00
+94.95%
124.14
+1.00%
122.90
+55.19%
79.19
Current Liabilities
79.44
-27.24%
109.18
+81.63%
60.11
+39.79%
43.00
Payables And Accrued Expenses
49.69
+36.44%
36.42
+37.10%
26.56
+274.43%
7.09
Payables
9.13
-35.01%
14.05
-10.60%
15.72
+202.87%
5.19
Accounts Payable
7.98
-39.19%
13.12
-9.34%
14.47
+178.88%
5.19
Current Accrued Expenses
40.55
+81.34%
22.36
+106.24%
10.84
+469.49%
1.90
Pensionand Other Post Retirement Benefit Plans Current
6.62
+66.77%
3.97
+0.74%
3.94
+12.64%
3.50
Total Tax Payable
0.77
-17.40%
0.93
-25.22%
1.25
0.00
Current Debt And Capital Lease Obligation
4.96
-92.06%
62.54
+192.80%
21.36
-14.57%
25.00
Current Debt
1.50
-97.58%
61.94
+203.57%
20.40
-17.11%
24.61
Other Current Borrowings
1.50
-95.49%
33.28
15.11
Current Capital Lease Obligation
3.46
+470.84%
0.61
-36.64%
0.96
+145.64%
0.39
Current Deferred Liabilities
14.68
+505.74%
2.42
-70.63%
8.25
+11.39%
7.41
Current Deferred Revenue
10.00
+312.84%
2.42
-70.63%
8.25
+11.39%
7.41
Other Current Liabilities
3.49
-8.80%
3.83
+1.48%
3.77
+189.49%
1.30
Total Non Current Liabilities Net Minority Interest
162.56
+987.23%
14.95
-76.19%
62.79
+73.49%
36.19
Long Term Debt And Capital Lease Obligation
148.09
+22203.31%
0.66
-98.54%
45.42
+9002.61%
0.50
Long Term Debt
145.83
44.15
Long Term Capital Lease Obligation
2.26
+240.81%
0.66
-47.88%
1.27
+155.31%
0.50
Long Term Provisions
3.44
+0.61%
3.42
+6.29%
3.21
+91.20%
1.68
Non Current Deferred Liabilities
0.92
-12.99%
1.05
Non Current Deferred Revenue
0.92
-12.99%
1.05
Other Non Current Liabilities
8.55
Preferred Securities Outside Stock Equity
155.63
+395.62%
31.40
Stockholders Equity
-97.54
-26.98%
-76.81
-172.96%
105.28
+299.43%
-52.79
Common Stock Equity
-97.54
-26.98%
-76.81
-172.96%
105.28
+299.43%
-52.79
Capital Stock
0.01
+100.00%
0.01
+133.33%
0.00
0.00
Common Stock
0.01
+100.00%
0.01
+133.33%
0.00
0.00
Preferred Stock
155.63
+395.62%
31.40
Share Issued
73.78
+50.38%
49.07
+8.33%
45.29
+0.00%
45.29
Ordinary Shares Number
73.78
+50.38%
49.07
+8.33%
45.29
+0.00%
45.29
Additional Paid In Capital
313.66
+12.84%
277.96
+45.82%
190.62
+6039.26%
3.10
Retained Earnings
-411.38
-15.90%
-354.93
-315.74%
-85.37
-52.74%
-55.90
Gains Losses Not Affecting Retained Earnings
0.17
+15.38%
0.14
+429.63%
0.03
0.00
Other Equity Adjustments
0.17
+15.38%
0.14
+429.63%
0.03
Total Equity Gross Minority Interest
-97.54
-26.98%
-76.81
-172.96%
105.28
+299.43%
-52.79
Total Capitalization
48.29
+162.87%
-76.81
-151.40%
149.43
+383.06%
-52.79
Working Capital
16.16
+122.62%
-71.43
-1370.44%
-4.86
+74.86%
-19.33
Invested Capital
49.79
+434.71%
-14.88
-108.76%
169.83
+702.73%
-28.18
Total Debt
153.06
+142.15%
63.21
-5.35%
66.78
+161.86%
25.50
Net Debt
133.95
+125.72%
59.34
-1.33%
60.14
+211.00%
19.34
Capital Lease Obligations
5.73
+350.67%
1.27
-43.06%
2.23
+151.07%
0.89
Net Tangible Assets
-133.40
-73.67%
-76.81
-172.96%
105.28
+299.16%
-52.86
Tangible Book Value
-133.40
-73.67%
-76.81
-172.96%
105.28
+299.16%
-52.86
Current Notes Payable
0.00
-100.00%
28.66
+40.45%
20.40
+114.61%
9.51
Current Provisions
0.77
+27.83%
0.60
Derivative Product Liabilities
1.56
-84.10%
9.82
-30.63%
14.15
+442.22%
2.61
Dueto Related Parties Current
0.38
0.00
Interest Payable
4.52
0.00
Preferred Stock Equity
155.63
+395.62%
31.40
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
-54.66
+6.74%
-58.61
-85.99%
-31.51
-186.61%
-10.99
Cash Flow From Continuing Operating Activities
-54.66
+7.04%
-58.80
-133.18%
-25.22
-129.35%
-10.99
Cash From Discontinued Operating Activities
0.00
-100.00%
0.19
+103.02%
-6.30
Net Income From Continuing Operations
-54.44
+43.40%
-96.20
-243.28%
-28.02
-201.91%
-9.28
Depreciation Amortization Depletion
2.74
+194.19%
0.93
+43.52%
0.65
+39.96%
0.46
Depreciation
2.74
+194.19%
0.93
+43.52%
0.65
Depreciation And Amortization
2.74
+194.19%
0.93
+43.52%
0.65
+39.96%
0.46
Other Non Cash Items
0.21
-99.58%
50.27
+852.39%
5.28
+5964.44%
-0.09
Stock Based Compensation
3.07
-8.83%
3.36
+676.91%
0.43
+116.50%
0.20
Provisionand Write Offof Assets
9.13
+113.66%
4.27
+106.08%
2.07
+469.78%
0.36
Asset Impairment Charge
3.83
0.00
Operating Gains Losses
-12.56
-15.07%
-10.91
-652.23%
1.98
+196.70%
0.67
Gain Loss On Investment Securities
-12.56
+40.91%
-21.25
-507.79%
5.21
+682.43%
0.67
Unrealized Gain Loss On Investment Securities
0.00
-100.00%
1.31
Change In Working Capital
-6.64
+36.96%
-10.53
-38.47%
-7.60
-64.50%
-4.62
Change In Receivables
-18.14
-49.88%
-12.11
-25.02%
-9.68
-102.19%
-4.79
Changes In Account Receivables
3.31
+127.31%
-12.11
-25.02%
-9.68
-102.19%
-4.79
Change In Inventory
8.65
+460.49%
1.54
+131.17%
-4.95
-62.55%
-3.05
Change In Prepaid Assets
-0.17
+95.95%
-4.20
-364.79%
1.58
+152.50%
-3.02
Change In Payables And Accrued Expense
3.66
+458.37%
-1.02
-148.67%
2.10
-64.77%
5.96
Change In Accrued Expense
14.07
+524.72%
-3.31
-187.09%
-1.15
-139.17%
2.95
Change In Payable
-10.41
-554.28%
2.29
-29.52%
3.25
+8.08%
3.01
Change In Account Payable
-10.41
-554.28%
2.29
-29.52%
3.25
+8.08%
3.01
Change In Other Working Capital
0.10
-97.82%
4.72
+5.27%
4.48
+1512.23%
0.28
Change In Other Current Assets
0.11
-90.19%
1.13
+200.00%
-1.13
0.00
Change In Other Current Liabilities
-0.85
-41.97%
-0.60
Investing Cash Flow
-54.66
-985.71%
6.17
+85.04%
3.33
+413.73%
-1.06
Cash Flow From Continuing Investing Activities
-54.66
-985.71%
6.17
+85.04%
3.33
+413.73%
-1.06
Net PPE Purchase And Sale
0.00
+100.00%
-0.04
0.00
+100.00%
-0.01
Purchase Of PPE
0.00
+100.00%
-0.04
0.00
+100.00%
-0.01
Capital Expenditure
-1.16
+41.39%
-1.97
-30.47%
-1.51
-42.33%
-1.06
Capital Expenditure Reported
-1.16
+40.33%
-1.94
-28.16%
-1.51
-43.55%
-1.05
Net Investment Purchase And Sale
0.00
-100.00%
8.14
0.00
Sale Of Investment
0.00
-100.00%
8.14
0.00
Net Business Purchase And Sale
-53.50
0.00
-100.00%
4.85
0.00
Purchase Of Business
-53.50
0.00
Financing Cash Flow
120.10
+138.18%
50.42
+61.67%
31.19
+84.62%
16.89
Cash Flow From Continuing Financing Activities
120.10
+138.18%
50.42
+61.67%
31.19
+84.62%
16.89
Net Issuance Payments Of Debt
106.87
+318.31%
25.55
-21.37%
32.49
+173.31%
11.89
Issuance Of Debt
107.72
+204.72%
35.35
-16.82%
42.50
+254.50%
11.99
Repayment Of Debt
-0.85
+91.32%
-9.80
+2.04%
-10.01
-9907.00%
-0.10
Long Term Debt Issuance
107.72
+204.72%
35.35
-16.82%
42.50
+254.50%
11.99
Long Term Debt Payments
-0.85
+91.32%
-9.80
+2.04%
-10.01
-9907.00%
-0.10
Net Long Term Debt Issuance
106.87
+318.31%
25.55
-21.37%
32.49
+173.31%
11.89
Net Common Stock Issuance
6.69
+33.88%
5.00
0.00
Proceeds From Stock Option Exercised
0.53
+833.33%
0.06
-55.47%
0.13
+2033.33%
0.01
Net Other Financing Charges
6.00
-69.73%
19.82
+1484.98%
-1.43
-128.62%
5.00
Changes In Cash
10.78
+634.77%
-2.02
-166.91%
3.01
-37.71%
4.84
Effect Of Exchange Rate Changes
0.02
-81.03%
0.12
+329.63%
0.03
0.00
Beginning Cash Position
6.42
-22.85%
8.32
+57.62%
5.28
+1101.82%
0.44
End Cash Position
17.22
+168.38%
6.42
-22.85%
8.32
+57.62%
5.28
Free Cash Flow
-55.82
+7.87%
-60.59
-83.45%
-33.03
-173.89%
-12.06
Interest Paid Supplemental Data
0.08
-96.41%
2.15
+1225.31%
0.16
-55.62%
0.36
Income Tax Paid Supplemental Data
0.01
0.00
-100.00%
0.01
0.00
Common Stock Issuance
6.69
+33.88%
5.00
0.00
Issuance Of Capital Stock
6.69
+33.88%
5.00
0.00
Sale Of Business
0.00
-100.00%
4.85
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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