Maxeon Solar Technologies, Ltd. (MAXN)

Market Cap	96.06M
Revenue (ttm)	1.22B
Net Income (ttm)	-165.20M
Shares Out	52.78M
EPS (ttm)	-3.62
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,860,558
Open	1.910
Previous Close	1.915
Day's Range	1.740 - 1.960
52-Week Range	1.740 - 38.910
Beta	1.46
Analysts	Hold
Price Target	6.39 (+251.1%)
Earnings Date	May 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. The company was incorporated in 2019 and is headquartered in Singapore.

• Industry: Solar
• Sector: Technology
• CEO: Dr. William P. Mulligan III
• Employees: 5,344
• Stock Exchange: NASDAQ
• Ticker Symbol: MAXN

Financial Performance

In 2022, MAXN's revenue was $1.06 billion, an increase of 35.34% compared to the previous year's $783.28 million. Losses were -$267.42 million, 5.07% more than in 2021.

Analyst Forecast

According to 8 analysts, the average rating for MAXN stock is "Hold." The 12-month stock price forecast is $6.39, which is an increase of 251.10% from the latest price.

Price Target

$6.39

(251.10% upside)

Analyst Consensus: Hold