Maxeon Solar Technologies, Ltd. (MAXN)

NASDAQ: MAXN · Real-Time Price · USD
6.49
+0.34 (5.53%)
At close: Dec 18, 2024, 4:00 PM
6.50
+0.01 (0.15%)
After-hours: Dec 18, 2024, 7:37 PM EST
5.53%
Market Cap 98.79M
Revenue (ttm) 689.01M
Net Income (ttm) -694.66M
Shares Out 15.22M
EPS (ttm) -282.27
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 919,081
Open 6.22
Previous Close 6.15
Day's Range 6.15 - 7.36
52-Week Range 4.98 - 780.00
Beta 1.36
Analysts Sell
Price Target 195.80 (+2,916.95%)
Earnings Date Dec 5, 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
Founded 2019
Employees 3,888
Stock Exchange NASDAQ
Ticker Symbol MAXN
Full Company Profile

Financial Performance

In 2023, Maxeon Solar Technologies'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 6 analysts, the average rating for MAXN stock is "Sell." The 12-month stock price forecast is $195.8, which is an increase of 2,916.95% from the latest price.

Price Target
$195.8
(2,916.95% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

7 days 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...

13 days 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...

22 days ago - PRNewsWire

Maxeon Provides Update on CBP Detention of its Solar Panels

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

4 weeks 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...

2 months ago - PRNewsWire

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

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

3 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.

3 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.

3 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...

3 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.

4 months ago - Business Wire

Maxeon Solar Technologies, Ltd. Sued for Securities Law Violations - Contact The Rosen Law Firm Before August 26, 2024 to Discuss Your Rights - MAXN

NEW YORK , Aug. 25, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) between November 15, 2023...

4 months ago - PRNewsWire

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....

4 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....

4 months ago - Accesswire

Stockholders With Losses In Maxeon Solar Technologies Ltd. Are Encouraged To Join The Schall Law Firm In A Securities Fraud Case

LOS ANGELES, CA / ACCESSWIRE / August 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Maxeon Solar Technologies, Ltd....

4 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...

4 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.

4 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....

4 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....

4 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...

4 months ago - Business Wire

Investors Are Invited To Take The Lead In The Maxeon Solar Technologies Ltd Securities Fraud Case With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Maxeon Solar Technologies, Ltd. ...

4 months ago - Accesswire

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...

4 months ago - PRNewsWire

SHAREHOLDER ACTION 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...

5 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...

5 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.

5 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 ...

5 months ago - PRNewsWire