SunPower Corp (NASDAQ: SPWR) stock enjoyed a major increase of 15.3% on 12/14/23. The shares closed at $6.02. Moreover, exceptionally high trading volume at 269% of normal accompanied the advance. The stock has risen 23.6% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
SPWR’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
SunPower has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. SunPower has a poor Appreciation Score of 19 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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