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SunPower Corp SPWR Stock Quote

| Rating as of

NASDAQ:SPWR

Morningstar‘s Stock Analysis SPWR

Valuation
Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

California's Revised Rooftop Solar Proposal Appears To Be a Win for Solar Industry

Brett Castelli Equity Analyst

Analyst Note

| Brett Castelli |

On Nov. 10, California's utility regulator released a new proposed decision related to the closely watched net energy metering, or NEM, 3.0 debate. The new proposal appears to be a win for the rooftop solar industry relative to the original proposal in December 2021. We maintain our fair value estimates as we digest the details and await a final decision, which could come as soon as next month. We view much of our rooftop solar coverage as fairly valued following sharp upward share price moves.

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Key Statistics SPWR

Company Profile SPWR

Business Description

SunPower is a leading solar technology and energy services provider that offers fully integrated solar, storage, and home energy solutions to customers primarily in the United States and Canada through an array of hardware, software, and financing options and smart energy solutions. The company’s sales channels include a network of both installing and noninstalling dealers and resellers that operate in residential and commercial markets as well as a group of in-house sales teams in each segment engaged in direct sales to end customers.

Contact
51 Rio Robles
San Jose, CA, 95134
T +1 408 240-5500
Industry Solar
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 30, 2019
Employees 3,660

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