Jan. 20 at 9:34 PM
$SPWR $ENPH $RUN $TE
Our market capitalization to revenue (P/S) ratio has lingered near only 0.5 for all of New SunPower’s five-quarter life. Solar industry-leader Sunrun’s 2025 P/S ratio is about 1.75 and our high-tech index has a P/S ratio of 2.2.
Rodgers commented, “So, we’re working on what needs to get done to raise our current 0.55 P/S ratio to match the leader at 1.75, a level at which SPWR would trade at about 3x its current price:
(
$88.488 million x 4) x (P/S = 1.75) ÷ 111.9 million shares =
$5.54/share
The question is why did Sunrun recover from the ITC cut news quickly in June while SunPower did not? I believe there are three main reasons:
https://investors.sunpower.com/news-releases/news-release-details/sunpower-announces-record-financials-q425