What 18 Analyst Ratings Have To Say About SunPower
Portfolio Pulse from Benzinga Insights
In the last quarter, 18 analysts have provided ratings for SunPower (NASDAQ:SPWR), with 4 somewhat bullish, 6 indifferent, 7 somewhat bearish, and 1 bearish. The company has an average 12-month price target of $5.69, a decrease of 40.29% from the previous average price target of $9.53.
November 06, 2023 | 5:00 pm
News sentiment analysis
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SunPower's stock may face downward pressure due to the decrease in the average price target and the predominance of indifferent and somewhat bearish ratings.
The decrease in the average price target suggests that analysts are less optimistic about the company's future performance. The predominance of indifferent and somewhat bearish ratings also indicates a lack of confidence in the stock's potential to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100