sunpower vs sunrun stock

from $52.5 billion in 2018 to $223.3 billion in 2026, indicating a CAGR of 20.5% between 2019 and 2026. Whereas most finance sites simply give you the facts about where a stock has been and what a company has done in the past, Trefis focuses entirely on the future. SunPower solar panels have an output rating of between 360 watts and 500 watts with up to 22.8% efficiency. $3.3 to $4.2 per watt * 5,000 watts = $16,500 to $21,000 for SunPower $2.44 per watt * 5,000 watts = $12,200 for Tesla However, while the solar cell efficiency of SunPower helps reduce the cost of its entire system, Tesla still has the lower price for a 5kW residential system. Create your Watchlist to save your favorite quotes on Nasdaq.com. 3. SunRun sales rose by $760 million in 2018 to $922 million in 2020. Recently, the stock has taken a beating, with the stock tanking 13.3% in the past month. Right now, solar energy projects have the opportunity to rope in enviable financing rates. Invest with Trefis Market Beating Portfolios. Copy and paste multiple symbols separated by spaces. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images). SunPower is one of them. Is Sunrun or SunPower Right About the Future of Residential Solar? SunPower, on the other hand, finances only about one-third of its solar installations, and sells the rest through loans or cash sales. Choosing the best stock to invest in gets complicated. After an emphatic run in the past decade, several growth stocks have lost momentum in 2022, as investors are worried about rising inflation rates and the threat of multiple interest rate hikes. The calculation usually includes an estimate of the value of renewal, which may or may not happen and often accounts for a large percentage of total calculated value. You can check out ISUN (PECK) as well. googletag.display('js-dfp-tag-SmM'); Sunrun Is The Clear Winner On Revenue Growth. Sunrun solar panels have an output rating averaging 320 watts with 15 to 22% efficiency. Its revenue is forecast to rise by 71% to $1.6 billion in 2021 and by 14.5% to $1.81 billion in 2022. Copyright 2022. Though very similar, SunPower's best panel is slightly more efficient. Currently, on an LTM basis, SunPowers EBIT margins stand at 2.3%. I know that there are a few good ETFs with holdings in solar and clean energy companies (like TAN and ICLN), but I wanted to pick one company that worked in solar, since I believe solar energy will have the biggest impact. Written by Both companies revenues stand at around the same level, and while Sunrun has seen stronger sales growth lately, its rising costs are a concern. Is SunPower a Buy, Sell or Hold? Cookie Notice In fact, the global solar energy market is forecast to grow from $52.5 billion in 2018 to $223.3 billion in 2026, indicating a CAGR of 20.5% between 2019 and 2026. Sell 36 SPWR SunPower. Discounted offers are only available to new members. Thanks. Which solar company do you guys think will have the biggest potential in the future? The culprit is . Having said that, there is more to the comparison, which makes SunPower a better bet than Sunrun, even at these valuations. Trefis->. And its focus on more cash and loan sales could be an attractive financing option for homeowners, who would generate more value by owning their solar systems rather than leasing them. Valued at a market cap of $4.71 billion, SunRun is engaged in the development, installation, sales, and maintenance of residential solar energy systems in the U.S. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. SunPower (SPWR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September . Does Sunrun or SunPower have higher quality solar panels? Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Theoretically, SunPower could have more upside than either Sunrun or Vivint Solar, but that hasn't played out for investors long-term, and it needs to start showing that cash and loan sales of solar can be profitable. It also sells energy systems and products that include panels to customers, in addition to battery storage. Leading solar stocks Enphase Energy ( ENPH 0.45%), Sunrun ( RUN -3.63%) and SunPower ( SPWR -1.57%) fell hard on Monday, closing the session down 5.5%, 8.2%, and 7.4%, respectively. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. SunPower panels have a higher output rating and use energy more efficiently. SunPower Equinox: A-series 410 panels, 1 SunVault Storage battery, EnPhase inverter Sunrun (Costco): Longi (LR4-60HPH-360M) panels, 1 Tesla PowerWall battery, 1 SolarEdge (SE7600H-USS3) inverter 1. To see all exchange delays and terms of use, please see disclaimer. We dont think so, and we expect SunPower to close this gap. SunPower, too, has seen recovering demand and sales growth, with an 18% YoY rise in revenues for its most recent quarter, Q3 21. However, the bulk of the drop in SunPowers sales came before FY 19, and revenues on an LTM basis stand at $1.3 billion, up from $1.1 billion in FY 19. Type a symbol or company name. 1. Our dashboard SunPower vs Sunrun: Industry Peers; Which Stock Is A Better Bet? Making the world smarter, happier, and richer. Which is the best solar company: SunRun, SunPower, or SunWorks - reddit And maybe financing is indeed the most important thing in solar energy. Maybe pump and dump?? the global solar energy market is forecast to grow. SunPower has also started turning things around in terms of revenue growth, and with positive EBIT margins on an LTM basis, we believe SunPower is in a much better position currently. What if youre looking for a more balanced portfolio instead? 2 Cybersecurity Stocks to Own for the Long-Term, These 3 Stocks Are a Must When Building Your Dividend Portfolio. Sunrun (RUN 18.70%) and Vivint Solar (VSLR) are combining to form a mega-residential solar installer, which will be a nearly $9 billion company. Market-beating stocks from our award-winning analyst team. SunPower Vs. Sunnova: Which Is Better For You? - EcoWut Today Ill analyze and compare SunRun and SunPower to determine which is currently the better investment. Should SunPower Be in Your Portfolio of Sun Stocks? If we take Sunrun as an example, it projects $1.43 billion of net retained value (or earning assets), but only $369 million of that value is actually under contract. SUNW is way overvalued now I think. Its loss per share is also forecast to narrow from $1.06 in 2020 to $0.33 in 2022. You can see below that SunPower has generated more revenue than Sunrun and Vivint Solar combined in the past year, and is more profitable. The two other solar-related stocks are Sunrun (NASDAQ: RUN) and Sunnova Energy International (NYSE: NOVA). Login Why SUNW over SUNRUN and SUNPOWER? Sunrun has consistently seen negative EBIT margins, with margins first recovering from -40.3% in FY 16, to -15.3% in FY 18, but then steadily dropping to -48.7% in FY 20, due to rising costs and overheads. SunPower (Maxeon Solar) Vs. Sunrun: What's The Difference? Cost basis and return based on previous market day close. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2022, Nasdaq, Inc. All Rights Reserved. However, the long-term prospects for the two companies remain solid given the worldwide shift towards clean energy solutions. SunPower confirmed it will sell its low-margin CIS business to focus on the residential segment, which should shore up the companys balance sheet. Over the last year, adjusted EBITDA rose from negative $4 million to positive $22 million in . Overall, customers like SunPower better. Both companies revenues stand at around the same level, and while Sunrun has seen stronger sales growth lately, its rising costs are a concern. What this doesn't account for is the fact that Sunrun and Vivint Solar intend to grow retained value long-term. While SunPower has seen revenue fall from $2.6 billion in FY 16 to $1.3 billion on an LTM basis, Sunruns revenues have steadily risen from $500 million to $1.5 billion over the same period, driven by surging demand for its products and services. While interest rates are bound to move higher in an inflationary environment, it remains near historic lows. SunPower Stock Looks Like A Smart Bet In The Solar Space - Forbes Lets step back to look at the fuller picture of the relative valuation of the two companies by looking at historical revenue growth as well as operating margin growth and financial position. SunRun sales rose by $760 million in 2018 to $922 million in 2020. First Solar took the brunt of the damage with an 8.1% daily loss as Sunnova Energy fell 5%. Which Company is Right For You? Does this gap in the companies valuations make sense? $425 million at 2.25% which is attractive to build an infrastructure of solar projects which will bring in cash flows for several years. These include clean energy companies such as SunRun (RUN) and SunPower (SPWR), which are down 76% and 71% from all-time highs, respectively. Its adjusted earnings are also forecast to touch $0.43 in 2022, compared to a loss of $0.07 in 2020. Type a symbol or company name. SunPower solar panels can put out between 360 and 500 watts of power and are up to 22.8 percent efficient. googletag.cmd.push(function() { Sales generate margin immediately, leading to some of the revenue and profit advantages for Sunpower that you see above. Its loss per share is also forecast to narrow from $1.06 in 2020 to $0.33 in 2022. arsenalnuggets Didn't Sunworks a quire PECK, or vice versa? I appreciate any input regarding these companies! But again, it's clear that the second round of the SunPower vs. Sunrun duel goes to SunPower, with the former having a slightly cheaper cost per watt average. Right now, solar energy projects have the opportunity to rope in enviable financing rates. These include clean energy companies such as SunRun (. Even . You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. We dont think so, and we expect SunPower to close this gap. EBIT margins: SunPower Has Seen Stronger Growth. Its. SunPower (SPWR) Earnings Expected to Grow: Should You Buy? However, the bulk of the drop in SunPowers sales came before FY 19, and revenues on an LTM basis stand at $1.3 billion, up from $1.1 billion in FY 19. Of the three, Sunrun has the largest market cap at $11.3 billion . Trefis Team for SunPower is on track to report sales of $1.28 billion in 2021, compared to $1.12 billion in 2020. SPWR Stock Forecast vs RUN Stock Forecast. If consumers choose third-party financing from installers and long-term contracts, it'll favor Sunrun in a big way. Comparing the three companies, it really depends on how much you value the renewal of a solar installation 20 years in the future. The stock remains a quality bet given it will benefit from secular tailwinds and its residential homes installations soared 33% to 53.3 million in Q4. The problem SunPower has faced is that its high-efficiency solar panels are higher cost than those of competitors, so it hasn't generated the margins competitors have in the residential solar industry. sunrun vs sunpower vs tesla There are essentially three big residential solar companies investors can invest in right now, and that's about to go down to two. ), which are down 76% and 71% from all-time highs, respectively. To lay out where we are today, I want to show what Sunrun, Vivint Solar, and SunPower are worth today. So, SunPower now forecasts Q4 adjusted EBITDA at the low end of its initial guidance which stood between $18 million and $41 million. Invest better with The Motley Fool. Sunruns margins currently stand at -46.7% on an LTM basis. Analysts expect SunPowers revenue to touch $1.62 billion in 2021. SunPower (Maxeon Solar) Vs. Sunrun: Full Review - EcoWut Stock Advisor list price is $199 per year. These figures aren't what these companies advertise as their value-creation metrics, so let's also look at how retained value looks for these three companies. Last Price: 24.38. Learn More. Keep in mind that this is before the merger of Sunrun and Vivint Solar, which is an all-stock deal, and SunPower's spinoff of Maxeon Solar Technologies, its manufacturing arm. Why Enphase, Sunrun, and SunPower All Fell Hard Today By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Do Not Sell My Personal Information (CA Residents Only). In addition to this, SunPowers cash-to-assets stands at 18.8%, multiples higher than Sunruns 4.5%. RUN Shares of SunRun (RUN) and SunPower (SPWR) are both down over 70% from all-time highs, making them potentially attractive to contrarian investors. Parts of the analysis are summarized below. But the bigger savings are in buying a solar system with a low-cost loan and keeping the tax benefits for yourself. After an emphatic run in the past decade, several growth stocks have lost momentum in 2022, as investors are worried about rising inflation rates and the threat of multiple interest rate hikes. Having said that, there is more to the comparison, which makes SunPower a better bet than Sunrun, even at these valuations. SunPowers debt-to-equity ratio currently stands at 2.1%, half that of Sunruns current debt-to-equity ratio that stands at 4.2%. My pick for the better long-term stock in solar is SunPower, but that hasn't been the winning pick in the past because customers have chosen Sunrun's financing. However, I believe SunRun is currently the better buy. And I think ultimately that's what's going to win out. First Solar vs. Sunrun: Which Renewable Energy Stock Will Shine? SunPower stock trades at around 4x trailing revenues, less than Sunruns P/S multiple of almost 8x. SunPower has also started turning things around in terms of revenue growth, and with positive EBIT margins on an LTM basis, we believe SunPower is in a much better position currently. and our At the time, Sunrun stock dropped 6.4% in a day, while SunPower stock slipped 3.4%. *Average returns of all recommendations since inception. Year-to-date, RUN has declined -32.24%, versus a -7.65% rise in the benchmark S&P 500 index during the same period. Sunruns margins currently stand at -46.7% on an LTM basis. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. SunPower Is Also In A Better Net Cash Position. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Valued at a market cap of $2.76 billion, SunPower. glided sentence. The sell-off in solar stocks has corresponded with a rise in interest rates. If customers indeed renew their leases, Sunrun is going to be a great stock long-term. Since 2017, Sunpower and Sunrun returned 225% and 316% respectively vs. 65% for S&P 500 and 204% for Trefis Multi-Strategy Portfolio Both SunPower ($4.15) and Sunrun's ($4.91) costs per watt are well over the $2.66 average. That should allow the company to keep assets light, focus on developing technology, and potentially reach a wider audience of customers globally. For more information, please see our 1. In fact, SunRun. The stock remains a quality bet given it will benefit from secular tailwinds and its residential homes installations soared 33% to 53.3 million in Q4. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. RUN shares were trading at $23.24 per share on Monday morning, up $0.47 (+2.06%). 2. SunPower Vs. Sunrun: Which should you choose? - Climatebiz The accelerated shift towards clean energy solutions should reduce solar energy costs in the upcoming decade and positively impact the top-line of both these companies. Compare Sunrun vs. SunPower | TopSolarCompanies SunPower (Maxeon Solar) is a subsidiary of SunPower Corporation. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Pros and Cons of SunPower Nationwide availability Produces solar panels, batteries, and electric vehicle chargers in-house 25-year all-inclusive warranty covers the full system and components Limited to SunPower products only Its solar panels are more expensive than other companies Rating: Most Energy-Efficient 4.5/5 Get Free Quote With Sunruns P/S ratio almost 2x that of SunPowers, we expect this gap to narrow, supported by SunPowers stronger EBIT growth and profitability, and superior cash position. To make the world smarter, happier, and richer. Sunrun's best quality panel is 440W and can operate at up to 22.3% efficiency, while SunPower's best quality panel is 440W and can operate at up to 22.8% efficiency. 5 min read. We think that SunPower Corporation (NASDAQ:SPWR)currently is a better pick compared toSunrun Inc. (NASDAQ:RUN). Trefis is an interactive financial community structured around trends, forecasts and insights related to some of the most popular stocks in the US. SunPower, on the other hand, saw margins drop from -14.7% in FY 16 to -62% by FY 18, before seeing a steady growth in margins to -11.4% in FY 20. SunPower confirmed it will sell its low-margin CIS business. }); SunPowers debt-to-equity ratio currently stands at 2.1%, half that of Sunruns current debt-to-equity ratio that stands at 4.2%. What investors need to consider today is where the most value will be created in the residential solar industry, and what value they're getting when they buy solar stocks. for Q4 and stated it will replace third-party connectors in its CIS (commercial and industrial solutions systems) and light commercial value-added reseller due to a cracking issue found in these connectors. Most of the company's employees are either in solar sales or installation, and it aims to grow assets under ownership long-term. 2. EBIT margins: SunPower Has Seen Stronger Growth. SunPower's revenue was up 41.9% to $308.9 million on the back of a recovery in residential solar sales. Valued at a market cap of $2.76 billion, SunPower delivers solar solutions all over the world. Right now, I am leaning towards Sunworks as their price is cheaper compared to Sunpower and Sunrun, and I like the way they are growing as a company as they have yet to reach the Midwest and Atlantic states. Parts of the analysis are summarized below. If customers don't renew or decide to buy solar installations in the future, SunPower is better positioned. The company designs manufacture and sells solar energy systems. Clean Energy Solar Stocks Sunrun, SunPower Scorch On Good News - Forbes Seasonality Move: 27.49%. Sunrun installs inverters and microinverters from Enphase and Tesla Powerwalls from Tesla Solar, and its panel selection includes LONGi and Costco. Currently, on an LTM basis, SunPowers EBIT margins stand at 2.3%. Verdict: Valued at a market cap of $4.71 billion, SunRun. SunPower Stock Looks Like A Smart Bet In The Solar Space The future gains for residential solar investors will come down to what consumer preferences are in the future. Sunrun Vs . Sunrun has raised over $280 million in venture capital. Sunrun has consistently seen negative EBIT margins, with margins first recovering from -40.3% in FY 16, to -15.3% in FY 18, but then steadily dropping to -48.7% in FY 20, due to rising costs and overheads. BRAZIL - 2021/03/19: In this photo illustration, the SunPower Corporation logo seen displayed on a smartphone screen. While both companies have benefited since the lockdowns started being lifted, due to a general rise in demand for solar modules, Sunruns revenues have risen 3x since FY 2016, while SunPowers net sales have halved. Sunrun ( NASDAQ: RUN) Sunrun is a provider of residential solar panels and home batteries in America. While SunPower has seen revenue fall from $2.6 billion in FY 16 to $1.3 billion on an LTM basis, Sunruns revenues have steadily risen from $500 million to $1.5 billion over the same period, driven by surging demand for its products and services. SunRun is ideal for growth investors with a larger risk appetite as its poised to gain over 100% in the next 12-months, compared to SunPowers expected returns of 30%. Sunrun Is The Clear Winner On Revenue Growth. You can see below that. While interest rates are bound to move higher in an inflationary environment, it remains near historic lows. . Opinions expressed by Forbes Contributors are their own. SunPower vs Sunrun? Going to pull the trigger in the next day or two These two metrics don't show the retained value any of these companies have from solar installations they own, but they're still useful metrics. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Travis Hoium owns shares of SunPower. to touch $1.62 billion in 2021. While both companies have benefited since the lockdowns started being lifted, due to a general rise in demand for solar modules, Sunruns revenues have risen 3x since FY 2016, while SunPowers net sales have halved. Parts of the analysis are summarized below. Sell 50 RUN Sunrun . SunPower Is Also In A Better Net Cash Position. SunPower Corp solar panels have a maximum efficiency of 22.8 percent with an output rating of between 360 and 500 watts. SunPower has raised over $2 billion in venture capital. Its adjusted earnings are also forecast to touch $0.43 in 2022, compared to a loss of $0.07 in 2020. Analysts expect SunPower's revenue to touch $1.62 billion in 2021. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Sunrun Is The Clear Winner On Revenue Growth While SunPower has seen revenue fall from $2.6 billion in FY '16 to $1.3 billion on an LTM basis, Sunrun's revenues have steadily risen from $500. Heres a high-quality portfolio thats beaten the market consistently since the end of 2016. Price as of November 3, 2022, 4:00 p.m. SunPower, on the other hand, saw margins drop from -14.7% in FY 16 to -62% by FY 18, before seeing a steady growth in margins to -11.4% in FY 20.

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