|Bid||16.75 x 900|
|Ask||16.76 x 1100|
|Day's range||16.51 - 17.33|
|52-week range||12.78 - 28.42|
|Beta (5Y monthly)||1.74|
|PE ratio (TTM)||30.42|
|Earnings date||15 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||20.83|
SolarEdge (SEDG) reveals that its Energy Storage division commences the shipping of its new battery cells manufactured at a new facility in South Korea, Sella 2.
Shares of residential solar company SunPower (NASDAQ: SPWR) have fallen 84% from their early-2021 high as investors sell both growth stocks and companies that benefit from low interest rates. It hasn't helped that the company is in energy, which fared well over that time because solar energy stocks trade more like growth stocks. As part of the Inflation Reduction Act (IRA) passed in 2022, there were a number of solar incentives, including increased tax incentives for residential solar installations.
SunPower Corp. (NASDAQ:SPWR), a leading residential solar technology and energy services provider, and Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, have announced the extension of their supply relationship through 2025. Today's updated agreement helps SunPower meet rising homeowner demand by providing SunPower with significant additional quantities of Maxeon's high efficiency interdigitated back contact (IBC) solar panels, while also significan