SunPower Corp. (SPWR)


January 16, 2024

Is the Sun Setting on SunPower… or Has it Already Set (And the Masses Just Don’t Know it Yet)?

By Gordon L. Johnson II

In this Note, in Addition to Updating our Extensive Bottom-Up SunPower Earnings Driver Model, We Update our Outlook on the Company. In the analysis that follows, following: (1) the Dec. 22nd, 2023 decision by Atlas…

Read More >>

April 18, 2023

Surging U.S. Risk-Free Interest Rates + Weak CA Installs in Jan./Feb. + New PG&E Rate Reform Proposal = Tough Times Ahead for SunPower

By Gordon L. Johnson II

We Expect Stronger Headwinds for SunPower in 1H23E vs. Cons. Expectations; 2H23E Could Also be Plagued with Economic Hardships as a Solar Price War Erupts. On 2/16/23, when SPWR provided 2023E guidance for: (a) 90K-110K…

Read More >>