NASDAQ:MAXN Maxeon Solar Technologies (MAXN) Stock Forecast, Price & News $10.12 -0.28 (-2.69%) (As of 09:57 AM ET) Add Compare Share Share Today's Range$10.04▼$10.3350-Day Range$10.40▼$26.0352-Week Range$10.04▼$38.91Volume101,800 shsAverage Volume1.12 million shsMarket Capitalization$531.60 millionP/E RatioN/ADividend YieldN/APrice Target$27.14 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Maxeon Solar Technologies MarketRank™ ForecastAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside161.0% Upside$27.14 Price TargetShort InterestHealthy15.27% of Float Sold ShortDividend StrengthN/ASustainability-1.24Upright™ Environmental ScoreNews Sentiment0.24Based on 6 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.03) to ($0.02) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.60 out of 5 starsOils/Energy Sector57th out of 240 stocksSemiconductors & Related Devices Industry23rd out of 90 stocks 4.4 Analyst's Opinion Consensus RatingMaxeon Solar Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.14, Maxeon Solar Technologies has a forecasted upside of 161.0% from its current price of $10.40.Amount of Analyst CoverageMaxeon Solar Technologies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted15.27% of the float of Maxeon Solar Technologies has been sold short.Short Interest Ratio / Days to CoverMaxeon Solar Technologies has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Maxeon Solar Technologies has recently decreased by 8.85%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMaxeon Solar Technologies does not currently pay a dividend.Dividend GrowthMaxeon Solar Technologies does not have a long track record of dividend growth. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMaxeon Solar Technologies has received a 34.96% net impact score from Upright. Maxeon Solar Technologies seems to create the most significant positive value in categories "Jobs", "Societal infrastructure", and "Taxes". The positive contribution in the "Societal infrastructure" impact category is false driven by its "Solar panels" product. See details.Environmental SustainabilityThe Environmental Impact score for Maxeon Solar Technologies is -1.24. Previous Next 1.8 News and Social Media Coverage News SentimentMaxeon Solar Technologies has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Maxeon Solar Technologies this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for MAXN on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Maxeon Solar Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Maxeon Solar Technologies insiders have not sold or bought any company stock. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Maxeon Solar Technologies are expected to grow in the coming year, from ($0.03) to ($0.02) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Maxeon Solar Technologies is -4.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Maxeon Solar Technologies is -4.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMaxeon Solar Technologies has a P/B Ratio of 9.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Maxeon Solar Technologies (NASDAQ:MAXN) StockMaxeon 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. The company was incorporated in 2019 and is headquartered in Singapore.Read More MAXN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MAXN Stock News HeadlinesOctober 4, 2023 | americanbankingnews.comMaxeon Solar Technologies (NASDAQ:MAXN) Price Target Lowered to $20.00 at Raymond JamesOctober 3, 2023 | msn.comUBS Initiates Coverage of Maxeon Solar Technologies (MAXN) with Neutral RecommendationOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.October 3, 2023 | americanbankingnews.comUBS Group Begins Coverage on Maxeon Solar Technologies (NASDAQ:MAXN)September 26, 2023 | msn.comMaxeon Solar Technologies, Ltd. (MAXN) Stock Moves -0.25%: What You Should KnowSeptember 24, 2023 | americanbankingnews.comMaxeon Solar Technologies, Ltd. (NASDAQ:MAXN) Given Average Recommendation of "Moderate Buy" by BrokeragesSeptember 21, 2023 | nasdaq.comRoth MKM Reiterates Maxeon Solar Technologies (MAXN) Buy RecommendationSeptember 20, 2023 | msn.comMaxeon Solar Technologies, Ltd. (MAXN) Dips More Than Broader Markets: What You Should KnowOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 20, 2023 | finance.yahoo.comMaxeon Solar Technologies and Complete Solaria Sign Definitive Agreement for Purchase of Sales Channel Assets and Shingled Solar Panel IP by MaxeonAugust 18, 2023 | markets.businessinsider.comBank of America Securities Keeps Their Buy Rating on Maxeon Solar Technologies (MAXN)August 15, 2023 | seekingalpha.comMaxeon Solar: Battling Headwinds While Powering Toward GrowthAugust 15, 2023 | seekingalpha.comMaxeon Solar: A Reversal In FortunesAugust 11, 2023 | finanznachrichten.deMaxeon Solar Technologies, Ltd.: Maxeon Solar Technologies Announces Second Quarter 2023 Financial ResultsAugust 11, 2023 | finance.yahoo.comMaxeon Cuts Guidance as Demand for Solar Products Weakens, Sending Shares LowerAugust 11, 2023 | msn.comMaxeon Solar Technologies, Ltd. (MAXN) Reports Q2 Loss, Misses Revenue EstimatesAugust 11, 2023 | msn.comMaxeon Solar sinks after issuing below-consensus revenue guidanceAugust 11, 2023 | finance.yahoo.comMaxeon Solar Technologies Announces Second Quarter 2023 Financial ResultsAugust 10, 2023 | seekingalpha.comMaxeon Solar Technologies, Ltd. 2023 Q2 - Results - Earnings Call PresentationAugust 8, 2023 | finance.yahoo.comMaxeon Solar (MAXN) to Post Q2 Earnings: What's in Store?August 4, 2023 | finance.yahoo.comMaxeon Solar Technologies to Release Second Quarter 2023 Financial Results on August 10, 2023August 1, 2023 | markets.businessinsider.comBank of America Securities Sticks to Its Buy Rating for Maxeon Solar Technologies (MAXN)July 13, 2023 | msn.comMaxeon Solar Technologies, Ltd. (MAXN) Outpaces Stock Market Gains: What You Should KnowJuly 3, 2023 | finance.yahoo.comInstitutions profited after Maxeon Solar Technologies, Ltd.'s (NASDAQ:MAXN) market cap rose US$149m last week but public companies profited the mostJune 28, 2023 | finance.yahoo.comMaxeon Solar Technologies Releases 2022 Sustainability Report with Enhanced Climate-Related DisclosuresJune 26, 2023 | prnewswire.comMaxeon Solar Technologies Holds Ribbon Cutting Ceremony for Expanded and Renovated Manufacturing Plant in Mexicali, MexicoJune 26, 2023 | prnewswire.comMaxeon Solar Technologies lleva a cabo ceremonia de corte de listón de su fábrica ampliada y renovada en MexicaliSee More Headlines Receive MAXN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Maxeon Solar Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address MAXN Company Calendar Last Earnings8/10/2023Today10/04/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:MAXN CUSIPN/A CIK1796898 Webwww.maxeon.com Phone408-240-5500FaxN/AEmployees5,344Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.14 High Stock Price Forecast$40.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+172.0%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($2.50) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-267,420,000.00 Net Margins-8.03% Pretax Margin-4.48% Return on Equity-77.32% Return on Assets-7.76% Debt Debt-to-Equity Ratio1.40 Current Ratio1.77 Quick Ratio1.12 Sales & Book Value Annual Sales$1.06 billion Price / Sales0.52 Cash FlowN/A Price / Cash FlowN/A Book Value$1.07 per share Price / Book9.72Miscellaneous Outstanding Shares52,530,000Free FloatN/AMarket Cap$546.31 million OptionableNot Optionable Beta1.62 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesDr. William P. Mulligan III (Age 62)Chief Exec. Officer Mr. Kai Strohbecke (Age 52)Chief Financial Officer Mr. Philippe Costemale (Age 56)Chief Operating Officer Mr. Matt DawsonChief Technology OfficerMr. Robert LaheyHead of Investor RelationsMs. Lindsey Roon Wiedmann (Age 45)Chief Legal & Sustainability Officer Ms. Tiffany See (Age 47)Chief HR Officer Mr. Peter C. Aschenbrenner (Age 67)Chief Strategy Officer Mr. Mark Babcock (Age 51)Chief Revenue Officer Chenggang CaoHead of China Bus. & Gen. CounselMore ExecutivesKey CompetitorsTigo EnergyNASDAQ:TYGOEmeren GroupNYSE:SOLFTC SolarNASDAQ:FTCISunPowerNASDAQ:SPWRCanadian SolarNASDAQ:CSIQView All CompetitorsInstitutional OwnershipBarclays PLCBought 13,668 shares on 9/21/2023Ownership: 0.026%Portside Wealth Group LLCBought 11,063 shares on 9/1/2023Ownership: 0.024%California State Teachers Retirement SystemBought 13,978 shares on 8/21/2023Ownership: 0.094%Osaic Holdings Inc.Bought 3,096 shares on 8/21/2023Ownership: 0.025%XTX Topco LtdSold 9,601 shares on 8/15/2023Ownership: 0.028%View All Institutional Transactions MAXN Stock - Frequently Asked Questions Should I buy or sell Maxeon Solar Technologies stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Maxeon Solar Technologies in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MAXN shares. View MAXN analyst ratings or view top-rated stocks. What is Maxeon Solar Technologies' stock price forecast for 2023? 7 analysts have issued 1 year price objectives for Maxeon Solar Technologies' stock. Their MAXN share price forecasts range from $13.00 to $40.00. On average, they expect the company's share price to reach $27.14 in the next year. This suggests a possible upside of 161.0% 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 start of the year. Since then, MAXN shares have decreased by 35.2% and is now trading at $10.40. 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, November 9th 2023. View our MAXN earnings forecast. How were Maxeon Solar Technologies' earnings last quarter? Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) announced its quarterly earnings results on Thursday, August, 10th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.15. The company had revenue of $348.37 million for the quarter, compared to the consensus estimate of $376.48 million. Maxeon Solar Technologies had a negative net margin of 8.03% and a negative trailing twelve-month return on equity of 77.32%. What ETFs hold Maxeon Solar Technologies' stock? ETFs with the largest weight of Maxeon Solar Technologies (NASDAQ:MAXN) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), SPDR S&P Kensho Clean Power ETF (CNRG), Fidelity Clean Energy ETF (FRNW), Invesco Solar ETF (TAN), AXS Green Alpha ETF (NXTE), Global X Clean Tech ETF (CTEC) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).Global X Solar ETF (RAYS). What guidance has Maxeon Solar Technologies issued on next quarter's earnings? Maxeon Solar Technologies updated its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $280.00 million-$320.00 million, compared to the consensus revenue estimate of $395.32 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." 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 $10.40. How much money does Maxeon Solar Technologies make? Maxeon Solar Technologies (NASDAQ:MAXN) has a market capitalization of $546.31 million and generates $1.06 billion in revenue each year. The company earns $-267,420,000.00 in net income (profit) each year or ($2.50) 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 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Maxeon Solar Technologies, Ltd. 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