Analyst Expectations for SunPower's Future
Portfolio Pulse from Benzinga Insights
SunPower (NASDAQ:SPWR) has received mixed analyst ratings in the last quarter with 0 bullish, 4 somewhat bullish, 7 indifferent, 6 somewhat bearish, and 1 bearish. The average price target is $5.33, which is below the current price of $6.25, suggesting a downside. This target has decreased by 40.78% from the previous target of $9.00. Analyst ratings are opinions on stock performance and are updated quarterly.
December 15, 2023 | 12:00 pm
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Analysts have given SunPower mixed ratings with an average price target of $5.33, indicating a potential downside from the current price of $6.25.
The average price target from analysts suggests a downside, which could lead to a negative short-term impact on the stock price. The significant decrease in the target price from $9.00 to $5.33 may also shake investor confidence.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100