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S&P 500   4,282.37
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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.46
Will Nvidia Be the Lifeline Intel Desperately Needs?
New "Mined in America" Lithium Opportunities? (Ad)
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Here’s Why Disney’s MCU is Sinking in Quicksand
Here’s What Driving the 125% YTD Gains for Upstart Holdings Stock
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.46
Will Nvidia Be the Lifeline Intel Desperately Needs?
New "Mined in America" Lithium Opportunities? (Ad)
Stock market today: Crude prices are up after Saudi cuts, but energy prices way down from last year
Is Li Auto Head and Shoulders Above Its Chinese Counterparts?
AI industry Is Exploding! New Breakthrough Expected this Summer (Ad)
Analysts are Giving ChargePoint a Boost, but is it a Buy?
VirTra is an Overlooked Profitable National Defense Play
AI industry Is Exploding! New Breakthrough Expected this Summer (Ad)
Here’s Why Disney’s MCU is Sinking in Quicksand
Here’s What Driving the 125% YTD Gains for Upstart Holdings Stock

Maxeon Solar Technologies (MAXN) Stock Forecast, Price & News

$28.56
-0.47 (-1.62%)
(As of 06/2/2023 06:55 PM ET)
Compare
Today's Range
$27.91
$30.00
50-Day Range
$24.92
$36.52
52-Week Range
$10.01
$38.91
Volume
762,500 shs
Average Volume
1.03 million shs
Market Capitalization
$1.30 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$31.83

Maxeon Solar Technologies MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
11.5% Upside
$31.83 Price Target
Short Interest
Bearish
21.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.24
Upright™ Environmental Score
News Sentiment
1.64mentions of Maxeon Solar Technologies in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.73) to ($0.04) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.10 out of 5 stars

Oils/Energy Sector

154th out of 248 stocks

Semiconductors & Related Devices Industry

41st out of 89 stocks


MAXN stock logo

About Maxeon Solar Technologies (NASDAQ:MAXN) Stock

Maxeon Solar Technologies, Ltd. designs, manufactures, markets, and sells solar panels and related solar system components worldwide. The company provides interdigitated back contact and shingled solar cells and panels under the SunPower brand. It offers its products to dealers, project developers, system integrators, distributors, resellers, and residential and small-scale commercial customers. Maxeon Solar Technologies, Ltd. was incorporated in 2019 and is headquartered in Singapore.

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MAXN Stock News Headlines

AI is Unstoppable. Now Is The Time!
AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.
Maxeon Solar Technologies (NASDAQ:MAXN) Trading Down 5.3%
AI is Unstoppable. Now Is The Time!
AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.
Maxeon Solar Technologies (NASDAQ:MAXN) PT Lowered to $33.00
8 Analysts Have This to Say About Maxeon Solar Technologies
Maxeon Solar Technologies (MAXN) Receives a Buy from Goldman Sachs
See More Headlines

MAXN Price History

MAXN Company Calendar

Last Earnings
3/07/2023
Today
6/04/2023
Next Earnings (Estimated)
8/17/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:MAXN
Fax
N/A
Employees
5,344
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$31.83
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+11.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-267,420,000.00
Pretax Margin
-12.41%

Debt

Sales & Book Value

Annual Sales
$1.16 billion
Book Value
$1.63 per share

Miscellaneous

Free Float
44,988,000
Market Cap
$1.30 billion
Optionable
Not Optionable
Beta
1.52

Key Executives

  • Mr. Mark Babcock (Age 51)
    Chief Revenue Officer & Interim CEO
  • Mr. Kai Strohbecke (Age 51)
    Chief Financial Officer
  • Mr. Philippe Costemale
    Chief Operating Officer
  • Mr. Robert Lahey
    Head of Investor Relations
  • Ms. Lindsey Roon Wiedmann (Age 44)
    Chief Legal Officer
  • Ms. Tiffany See (Age 46)
    Chief HR Officer
  • Mr. Peter C. Aschenbrenner (Age 66)
    Chief Strategy Officer
  • Chenggang Cao
    Head of China Bus. & Gen. Counsel
  • Mr. Ralf Elias (Age 51)
    Exec. VP & Global Head of Distributed Generation (DG) Products













MAXN Stock - Frequently Asked Questions

Should I buy or sell Maxeon Solar Technologies stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxeon Solar Technologies in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MAXN shares.
View MAXN analyst ratings
or view top-rated stocks.

What is Maxeon Solar Technologies' stock price forecast for 2023?

6 equities research analysts have issued 1 year price targets for Maxeon Solar Technologies' stock. Their MAXN share price forecasts range from $21.00 to $40.00. On average, they expect the company's stock price to reach $31.83 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price.
View analysts price targets for MAXN
or view top-rated stocks among Wall Street analysts.

How have MAXN shares performed in 2023?

Maxeon Solar Technologies' stock was trading at $16.06 at the beginning of 2023. Since then, MAXN shares have increased by 77.8% and is now trading at $28.56.
View the best growth stocks for 2023 here
.

When is Maxeon Solar Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 17th 2023.
View our MAXN earnings forecast
.

How were Maxeon Solar Technologies' earnings last quarter?

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) issued its earnings results on Tuesday, March, 7th. The company reported ($1.84) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.25) by $0.59. The business earned $323.50 million during the quarter, compared to analysts' expectations of $314.88 million. Maxeon Solar Technologies had a negative net margin of 16.27% and a negative trailing twelve-month return on equity of 178.57%.

What guidance has Maxeon Solar Technologies issued on next quarter's earnings?

Maxeon Solar Technologies updated its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $360.00 million-$400.00 million, compared to the consensus revenue estimate of $356.38 million.

What other stocks do shareholders of Maxeon Solar Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Maxeon Solar Technologies investors own include SPI Energy (SPI), SunPower (SPWR), DexCom (DXCM), Rigel Pharmaceuticals (RIGL), Translate Bio (TBIO), Allena Pharmaceuticals (ALNA), BioTelemetry (BEAT), Blink Charging (BLNK) and CureVac (CVAC).

What is Maxeon Solar Technologies' stock symbol?

Maxeon Solar Technologies trades on the NASDAQ under the ticker symbol "MAXN."

Who are Maxeon Solar Technologies' major shareholders?

Maxeon Solar Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (3.13%), State Street Corp (2.02%), Two Sigma Investments LP (1.28%), Susquehanna International Group LLP (0.00%), Two Sigma Advisers LP (0.67%) and First Trust Advisors LP (0.60%).

How do I buy shares of Maxeon Solar Technologies?

Shares of MAXN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Maxeon Solar Technologies' stock price today?

One share of MAXN stock can currently be purchased for approximately $28.56.

How much money does Maxeon Solar Technologies make?

Maxeon Solar Technologies (NASDAQ:MAXN) has a market capitalization of $1.30 billion and generates $1.16 billion in revenue each year. The company earns $-267,420,000.00 in net income (profit) each year or ($4.62) on an earnings per share basis.

How many employees does Maxeon Solar Technologies have?

The company employs 5,344 workers across the globe.

How can I contact Maxeon Solar Technologies?

Maxeon Solar Technologies' mailing address is 8 MARINA BOULEVARD NO 05-02 MARINA BAY FINANCIAL CENTRE, MARINA BAY U0, 018981. The official website for the company is www.maxeon.com. The company can be reached via phone at 408-240-5500.

This page (NASDAQ:MAXN) was last updated on 6/5/2023 by MarketBeat.com Staff

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