VSLR - SunPower's Transition May Come Too Late
SunPower (SPWR) is undergoing major changes to adapt to the ever-shifting solar industry. The company is putting more focus on solar DG (distributed generation) in an attempt to capture market share in an increasingly promising segment. This shift towards DG could be incredibly promising considering the rise of DG-friendly technologies like storage.
Although SunPower is heading in a positive direction, the company recently experienced a sharp price decline after disappointing Q4 results. While the company's Q4 GAAP revenue of $603.8 million grew ~32% Y/Y, it missed expectations by ~$24 million. Moreover, SunPower's 2020