Maxeon Solar Technologies, Ltd. (MAXN)

NASDAQ: MAXN · IEX Real-Time Price · USD
0.180
-0.369 (-67.22%)
At close: Jul 2, 2024, 4:00 PM
0.235
+0.055 (30.63%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-67.22%
Market Cap 10.02M
Revenue (ttm) 992.23M
Net Income (ttm) -376.25M
Shares Out 55.71M
EPS (ttm) -7.80
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 148,848,537
Open 0.285
Previous Close 0.549
Day's Range 0.170 - 0.329
52-Week Range 0.170 - 28.480
Beta 1.59
Analysts Sell
Price Target 4.82 (+2,579.27%)
Earnings Date Aug 8, 2024

About MAXN

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. [Read more]

Industry Solar
Sector Technology
CEO Dr. William P. Mulligan III
Employees 3,888
Stock Exchange NASDAQ
Ticker Symbol MAXN
Full Company Profile

Financial Performance

In 2023, MAXN's revenue was $1.12 billion, an increase of 5.94% compared to the previous year's $1.06 billion. Losses were -$275.83 million, 3.14% more than in 2022.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MAXN stock is "Sell." The 12-month stock price forecast is $4.82, which is an increase of 2,579.27% from the latest price.

Price Target
$4.82
(2,579.27% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Maxeon Solar Technologies, Ltd.

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming August 26, 2024 deadline to file a lead plaintiff motion in the case filed on behalf of investors who p...

3 hours ago - Business Wire

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Maxeon Solar Technologies, Ltd. (MAXN)

NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of C...

6 hours ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Maxeon Solar Technologies, Ltd. - MAXN

NEW YORK , July 2, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Maxeon Solar Technologies, Ltd. ("Maxeon" or the "Company") (NASDAQ: MAXN).

14 hours ago - PRNewsWire

Maxeon Solar Technologies, Ltd. Investor Notice: Robbins LLP Reminds Investors of the Class Action Filed Against MAXN

SAN DIEGO--(BUSINESS WIRE)---- $MAXN #MAXN--Robbins LLP is Investigating Allegations that Maxeon Solar Technologies, Ltd. (MAXN) Misled Investors Regarding its Business Prospects.

1 day ago - Business Wire

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Maxeon Solar Technologies, Ltd. (MAXN)

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming August 26, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of inve...

1 day ago - Business Wire

MAXN Investors Have Opportunity to Lead Maxeon Solar Technologies, Ltd. Securities Fraud Lawsuit

NEW YORK , July 1, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Maxeon Solar Tec...

1 day ago - PRNewsWire

ROSEN, LEADING INVESTOR COUNSEL, Encourages Maxeon Solar Technologies, Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – MAXN

NEW YORK, June 29, 2024 (GLOBE NEWSWIRE) -- WHY:  Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Maxeon Sola...

3 days ago - GlobeNewsWire

MAXEON ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Maxeon Solar Technologies, Ltd.

NEW YORK, June 29, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Maxeon Solar ...

3 days ago - GlobeNewsWire

Rosen Law Firm Urges Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces to investors that a shareholder filed a class action on behalf of all purchasers of securities of Maxeon Solar T...

4 days ago - Business Wire

Shareholder Alert: Robbins LLP Informs Stockholders of the Class Action Filed Against Maxeon Solar Technologies, Ltd. (MAXN)

SAN DIEGO, June 28, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired Maxeon Solar T...

4 days ago - GlobeNewsWire

Johnson Fistel Reminds Maxeon Shareholders of Upcoming Class Action Deadline. Investors are Encouraged to Seek Counsel

SAN DIEGO, June 28, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of Maxeon Solar Technologies, Lt...

4 days ago - GlobeNewsWire

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Maxeon Solar Technologies, Ltd.

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Maxeon Solar Technologies, Ltd. (MAXN) Investors.

4 days ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Maxeon Solar Technologies, Ltd.

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Maxeon Solar Technologies, Ltd. (“Maxeon” or th...

4 days ago - Business Wire

MAXN CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Maxeon Solar Technologies, Ltd.

LOS ANGELES--(BUSINESS WIRE)--MAXN CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Maxeon Solar Technologies, Ltd.

5 days ago - Business Wire

MAXN CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Maxeon Solar Technologies, Ltd.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Northern District of California, capti...

5 days ago - Business Wire

MAXALERT: Bragar Eagel & Squire, P.C. is Investigating Maxeon Solar Technologies, Ltd.

NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Maxeon Solar Technologies, Ltd. ...

7 days ago - GlobeNewsWire

Breaking News: Johnson Fistel, LLP Investigates Maxeon Solar (MAXN) Following Update to Shareholders

SAN DIEGO, June 21, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Maxeon Solar Technologies, Ltd. (the “Company” ...

11 days ago - GlobeNewsWire

Defense of Innovation Continues as Maxeon Solar Technologies Initiates Unitary Patent Infringement Lawsuit Against Aiko and its Partners

Maxeon also appeals recent preliminary decision by Dutch court in ongoing patent action against Aiko SINGAPORE , June 19, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global l...

13 days ago - PRNewsWire

Maxeon to Showcase Latest Solar Energy Innovations and New Panel Technologies at Intersolar Europe 2024

SINGAPORE , June 17, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced its presence at Intersolar Europe 2024 June ...

15 days ago - PRNewsWire

Maxeon Innovation in IBC Solar Panels Eliminates Hotspot Risk

Field testing shows new Maxeon 7 IBC cells exhibit 70% lower average temperature rise in partial shading compared to competing technologies SINGAPORE , June 13, 2024 /PRNewswire/ -- Maxeon Solar Techn...

19 days ago - PRNewsWire

Largest Dairy Farm in Northeast U.S. Powers Sustainability with Innovative Solar Energy Installation from Maxeon

Dairy Industry continues significant reduction in  carbon footprint with the help of renewable energy SINGAPORE , June 6, 2024 /PRNewswire/ -- Oakridge Dairy in Connecticut is built upon 120 years of ...

26 days ago - PRNewsWire

Maxeon Solar Technologies Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

SINGAPORE , May 31, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) (the "Company"), a global leader in solar innovation and channels, announced that the Company has regained compl...

4 weeks ago - PRNewsWire

Maxeon Solar Technologies, Ltd. (MAXN) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights

NEW YORK, NY / ACCESSWIRE / May 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Maxeon Solar Technologies, Ltd. ("Maxeon Solar Technologies, Ltd.

4 weeks ago - Accesswire

MAXN ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your Maxeon Solar Technologies, Ltd. investment

NEW YORK, NY / ACCESSWIRE / May 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Maxeon Solar Technologies, Ltd. ("Maxeon Solar Technologies, Ltd.

4 weeks ago - Accesswire

Maxeon Solar Technologies Announces First Quarter 2024 Financial Results

--First Quarter Revenue of $187 Million-- --Financing Commitments Secured from Largest Shareholder-- SINGAPORE , May 30, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or...

4 weeks ago - PRNewsWire