Alert: Major Price Advance (11/2/23)-SunPower Corp (NASDAQ: SPWR).


On 11/2/23, SunPower Corp (NASDAQ: SPWR) stock enjoyed a major increase of 10.9%, closing at $4.47. Relative to the market the stock has been extremely weak over the last nine months but has risen 10.1% during the last week.


Current PriceTarget Research Rating

SPWR is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

SunPower has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SunPower has a poor Appreciation Score of 20 and a very low Power Rating of 0, triggering the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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