|Bid||32.65 x 800|
|Ask||32.73 x 800|
|Day's Range||31.23 - 32.75|
|52 Week Range||14.66 - 57.52|
|Beta (5Y Monthly)||1.70|
|PE Ratio (TTM)||12.86|
|Earnings Date||Nov. 03, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.11|
SunPower (SPWR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
With SunPower shares also languishing this year, today's big event was the perfect incentive for investors to jump into the stock. SunPower shares were up 8.5% at 11:10 a.m. EDT after popping 11.7% in early-morning trading. After market close Tuesday, Enphase Energy released a stunner of a third-quarter earnings report: Its revenue nearly doubled year over year to hit a record quarterly high of $351.5 million, driven by strong demand for microinverters and a 51% jump in its storage systems shipment.
While Tesla has been grabbing headlines for its impressive rally this week, its climb has been part of a broader trend that will support solar stocks in particular