2017 Has Been a Year of Surprises in Solar Energy
If you go back and look at the beginning of 2017, it seemed like the year would be terrible for solar companies. It was so bad that SunPower Corporation (NASDAQ: SPWR) announced layoffs and the shutdown of a large manufacturing plant, and First Solar (NASDAQ: FSLR) decided to skip straight from Series 4 to Series 6 modules.
What happened instead was a record year for solar energy globally. Even in the U.S., there's high demand for solar panels as installers stockpile solar modules ahead of potential import tariffs. The great year surprised nearly everyone.
Image source: SunPower.
Source: Fool.com
Sunpower Corp. Stock
Currently there is a rather negative sentiment for Sunpower Corp. with 9 Buy predictions and 19 Sell predictions..
On the other hand, the target price of 6 € is above the current price of 0.77 € for Sunpower Corp., so the potential is actually 682.37%.