Maxeon Solar Technologies, Ltd. (MAXN)

NASDAQ: MAXN · Real-Time Price · USD
3.080
+0.260 (9.22%)
May 8, 2025, 4:00 PM EDT - Market closed
9.22%
Market Cap 52.04M
Revenue (ttm) 509.05M
Net Income (ttm) -614.30M
Shares Out 16.90M
EPS (ttm) -96.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 104,750
Open 2.950
Previous Close 2.820
Day's Range 2.930 - 3.100
52-Week Range 2.490 - 410.000
Beta 1.43
Analysts Sell
Price Target 101.33 (+3,189.94%)
Earnings Date May 19, 2025

About MAXN

Maxeon Solar Technologies, Ltd., a marketers of solar power technology, designs, manufactures, markets, and sells solar panels for residential, commercial, and power plant customers. The company was incorporated in 2019 and is headquartered in Singapore. [Read more]

Industry Solar
Sector Technology
Founded 2019
Employees 3,888
Stock Exchange NASDAQ
Ticker Symbol MAXN
Full Company Profile

Financial Performance

In 2024, Maxeon Solar Technologies's revenue was $509.05 million, a decrease of -54.68% compared to the previous year's $1.12 billion. Losses were -$614.30 million, 122.7% more than in 2023.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MAXN stock is "Sell." The 12-month stock price forecast is $101.33, which is an increase of 3,189.94% from the latest price.

Price Target
$101.33
(3,189.94% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Maxeon Solar Technologies Announces Fourth Quarter and Fiscal Year 2024 Results

--Fiscal year 2024 revenue of $509 million-- --Amid continued headwinds, committed to business transformation and fiscal discipline-- SINGAPORE , April 30, 2025 /PRNewswire/ -- Maxeon Solar Technologi...

8 days ago - PRNewsWire

Maxeon Provides Strategic Business Update

SINGAPORE , April 4, 2025 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today provided an update on key business issues, recent tran...

4 weeks ago - PRNewsWire

Maxeon and Tongwei Solar Announce Settlement Agreement Resolving Patent Infringement Lawsuit

SINGAPORE , Dec. 30, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) and Tongwei Solar (Hefei) Co., Ltd.

4 months ago - PRNewsWire

Maxeon Solar Technologies: Messy Picture Continues - Sell

Maxeon Solar Technologies reported weak Q3/2024 results as the company continues to suffer from challenging market conditions and persistent inability to import solar panels from Mexico into the Unite...

5 months ago - Seeking Alpha

Maxeon Solar Technologies Announces Third Quarter 2024 Financial Results

SINGAPORE , Dec. 5, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial resu...

5 months ago - PRNewsWire

Maxeon Announces Restructuring of Business Portfolio

Maxeon to Focus Exclusively on U.S. Market, Executes Term Sheets with TCL Group to Address Rest-of-World Markets SINGAPORE , Nov. 26, 2024 /PRNewswire/ -- Maxeon Solar Technologies (NASDAQ: MAXN) toda...

5 months ago - PRNewsWire

Maxeon Provides Update on CBP Detention of its Solar Panels

SAN JOSE, Calif. , Nov. 14, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd.

6 months ago - PRNewsWire

Maxeon Announces CEO Leadership Transition

Bill Mulligan to retire early next year; Former TCL Communication Technology CEO George Guo named new Maxeon CEO SINGAPORE , Oct. 16, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN...

7 months ago - PRNewsWire

Maxeon Receives Nasdaq Notification and is Proceeding with Approved Reverse Stock Split

SINGAPORE , Sept. 20, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd.

8 months ago - PRNewsWire

Cypress Creek Renewables Selects Maxeon Solar Solutions for Major Utility Scale Projects

ANAHEIM, Calif. , Sept. 10, 2024 /PRNewswire/ -- RE + 2024 -- Today at RE+ 2024, the largest clean energy event in North America, Maxeon Solar Technologies, Ltd.

8 months ago - PRNewsWire

Maxeon Recognizes Outstanding Solar Partners at RE+ Clean Energy Event

ANAHEIM, Calif. , Sept. 9, 2024 /PRNewswire/ -- RE+ 2024 -- Kicking off RE+ 2024, the largest clean energy event in North America today, Maxeon Solar Technologies, Ltd.

8 months ago - PRNewsWire

Maxeon Solar Technologies Announces Second Quarter 2024 Financial Results

-- Second Quarter Revenue of $184 Million-- -- TZE makes $100 million equity investment in Maxeon to become controlling shareholder-- SINGAPORE , Sept. 3, 2024 /PRNewswire/ -- Maxeon Solar Technologie...

8 months ago - PRNewsWire

MAXN Investors Have Opportunity to Join Maxeon Solar Technologies, Ltd. Securities Fraud Investigation with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)--MAXN Investors Have Opportunity to Join Maxeon Solar Technologies, Ltd. Securities Fraud Investigation with the Schall Law Firm.

9 months ago - Business Wire

A Lawsuit For Securities Fraud Has Been Filed Against Maxeon Solar Technologies Ltd And The Schall Law Firm Invites Investors To Reach Out Before Aug 26

LOS ANGELES, CA / ACCESSWIRE / August 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Maxeon Solar Technologies, Ltd....

9 months ago - Accesswire

Aug 26 Deadline: The Schall Law Firm Is Suing Maxeon Solar Technologies Ltd For Securities Fraud And Stakeholders Are Urged To Participate

LOS ANGELES, CA / ACCESSWIRE / August 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Maxeon Solar Technologies, Ltd....

9 months ago - Accesswire

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Maxeon

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Maxeon To Contact Him Directly To Discuss Their Options If you suff...

9 months ago - PRNewsWire

Maxeon Solar stock price surged but bankruptcy risks remain

Maxeon Solar Technologies (MAXN) stock price has imploded this year as the company became a penny stock. It has dropped by over 97% this year and by almost 100% from its highest point in 2022.

9 months ago - Invezz

Deadline Approaching: Investors Urged To Join Maxeon Solar Technologies Ltd. Securities Fraud Suit With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Maxeon Solar Technologies, Ltd....

9 months ago - Accesswire

Investors Encouraged To Join Maxeon Solar Technologies, Ltd. Securities Fraud Suit With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Maxeon Solar Technologies, Ltd....

9 months ago - Accesswire

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, reminds investors that a shareholder filed a class action on behalf of all purchasers of securities of Maxeon Solar Techno...

9 months ago - Business Wire

DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Maxeon

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Maxeon To Contact Him Directly To Discuss Their Options If you suff...

9 months ago - PRNewsWire

Solaris Renewables Fuels Growth and Delights Customers Through Partnership with Maxeon Solar Technologies

SINGAPORE , July 24, 2024 /PRNewswire/ -- Solaris Renewables is a Massachusetts, U.S.-based provider of premium solar and storage technologies that has built a thriving business based on exceptional c...

10 months ago - PRNewsWire

Maxeon Solar has become a penny stock: a bargain or value trap?

Maxeon Solar Technologies (NASDADQ: MAXN) stock price has been on a freefall this year as bankruptcy risks remained. It has plummeted by 96.70% this year and by over 99% in the past 12 months.

10 months ago - Invezz

Maxeon Releases 2023 Sustainability Report, Highlighting its Continued Progress as One of the World's Most Sustainable Companies

SINGAPORE , July 9, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the publication of its Sustainability Report ...

10 months ago - PRNewsWire

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. ...

11 months ago - GlobeNewsWire