Complete Solaria ( (SPWR) ) has provided an update.
SunPower, after rebranding from Complete Solaria, reported its first profitable quarter in four years with a Q1 2025 revenue of $80.2 million and an operating profit of $1.3 million. The company achieved this milestone following significant cost-cutting measures, including reducing its workforce from 3,499 to 906 employees, and strategic hires to strengthen its technological capabilities. The rebranding coincided with the company’s first profitable quarter in four years, marking a significant turnaround in its financial performance. SunPower’s strategic partnership with Sunder and the strengthening of its board with experienced directors are expected to support its growth and market recognition.
Spark’s Take on SPWR Stock
According to Spark, TipRanks’ AI Analyst, SPWR is a Underperform.
Complete Solaria’s overall stock score reflects severe financial challenges, with significant losses and negative equity weighing heavily on its financial stability. While technical analysis suggests a slightly positive short-term outlook and the earnings call points to some operational improvements, these factors are overshadowed by the company’s precarious financial position and valuation difficulties. The stock remains high-risk, needing substantial turnaround efforts to improve its long-term prospects.
To see Spark’s full report on SPWR stock, click here.
More about Complete Solaria
SunPower, formerly known as Complete Solaria, Inc., is a prominent residential solar services provider in North America. The company offers a digital platform and installation services aimed at supporting customers’ energy needs and facilitating their transition to a more energy-efficient lifestyle.
YTD Price Performance: 8.47%
Average Trading Volume: 417,239
Technical Sentiment Signal: Sell
Current Market Cap: $151.2M
Learn more about SPWR stock on TipRanks’ Stock Analysis page.