SunPower (SPWR) Expands Through Acquisition and Gains Analyst Support

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Abdul RahmanSat, February 21, 2026 at 12:19 PM GMT+1 2 min readSunPower Inc. (NASDAQ:SPWR) is one of the best alternative energy stocks to invest in according to analysts. On February 5, SunPower Inc. (NASDAQ:SPWR) said it granted 850,000 restricted stock units to two key employees from Cobalt Power Systems, Inc. The inducement was a direct incentive for the employees to join SunPower as part of its acquisition of their company.SunPower (SPWR) Expands Through Acquisition and Gains Analyst SupportPixabay/Public DomainCobalt is a California-based solar design and installation company known for building large, high-end residential solar systems. SunPower signed a letter of intent to acquire it in an all-equity deal worth $12 million on January 16. The company will continue to operate as a standalone subsidiary.In a different update, on February 4, Northland analyst Gus Richard reaffirmed an Outperform rating and a $5.40 price target on SunPower. Northland’s reiteration was based in part on the company’s track record of positive operating income over the past four consecutive quarters, which the analyst said demonstrates consistent financial performance.The analyst also pointed to SunPower’s significant expansion of its geographic footprint over the past year. He noted that the company had expanded its sales coverage from 22 to 45 states, with particularly notable growth in the three largest solar markets in the United States. This expansion, said Richard, contributed to what he described as an impressive 657% growth in revenues over the trailing twelve months.Richard highlighted rising electricity demand and increasingly extreme weather events as structural tailwinds for the residential solar sector. He argued these trends are making electricity in the US more expensive and less reliable, and that these conditions are favorable for solar providers like SunPower.SunPower Inc. (NASDAQ:SPWR) is a solar energy company headquartered in Richmond, California. It designs and manufactures high-efficiency solar panels and provides integrated solar and storage solutions for residential and commercial customers.While we acknowledge the potential of SPWR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 13 Best Infrastructure Stocks to Buy Right Now and 10 Best S&P 500 Stocks With Highest Upside Potential.Disclosure: None. This article is originally published at Insider Monkey.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,909.51 +47.62 (+0.69%)Dow 3049,625.97 +230.81 (+0.47%)Nasdaq22,886.07 +203.34 (+0.90%)Russell 20002,663.78 -1.31 (-0.05%)VIX19.09 -1.14 (-5.64%)Gold5,080.90 +83.50 (+1.67%)Trending tickersBTC-USD Bitcoin USD 67,934.98 -232.67 (-0.34%)ETH-USD Ethereum USD 1,966.51 -8.54 (-0.43%)XRP-USD XRP USD 1.41 -0.03 (-2.14%)BTC-EUR Bitcoin EUR 57,662.40 -197.49 (-0.34%)SOL-USD Solana USD 84.47 -0.81 (-0.95%)PortfolioSign in to access your portfolioSign inTop gainersRNG RingCentral, Inc. 39.50 +10.11 (+34.40%)LGN Legence Corp. 55.24 +7.96 (+16.84%)TLX Telix Pharmaceuticals Limited 7.69 +0.98 (+14.61%)SYRE Spyre Therapeutics, Inc. 43.21 +5.40 (+14.28%)FSM Fortuna Mining Corp. 12.27 +1.37 (+12.57%)Top losersFROG JFrog Ltd. 37.75 -12.54 (-24.94%)DNOW DNOW Inc. 13.23 -3.13 (-19.13%)CC The Chemours Company 17.04 -3.37 (-16.51%)AKAM Akamai Technologies, Inc. 94.17 -15.42 (-14.07%)RGC Regencell Bioscience Holdings Limited 29.17 -4.29 (-12.82%)Most activeNVDA NVIDIA Corporation 189.82 +1.92 (+1.02%)OPEN Opendoor Technologies Inc. 5.0000 +0.3500 (+7.53%)ONDS Ondas Inc. 10.03 -1.36 (-11.94%)INTC Intel Corporation 44.11 -0.51 (-1.14%)PLUG Plug Power Inc. 1.8700 -0.0400 (-2.09%)Top economic eventsEarnings eventsMy earnings eventsEarnings events