Maxeon Solar Technologies Ltd. (MAXN)
| Market Cap | 832.22M |
| Revenue (ttm) | 793.50M |
| Net Income (ttm) | -180.12M |
| Shares Out | 44.20M |
| EPS (ttm) | -5.79 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 491,786 |
| Open | 19.17 |
| Previous Close | 19.47 |
| Day's Range | 18.64 - 19.59 |
| 52-Week Range | 13.41 - 57.97 |
| Beta | n/a |
| Analysts | Hold |
| Price Target | 18.70 (-1.4%) |
| Est. Earnings Date | Nov 11, 2021 |
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 is headquartered in Singapore.
Financial Performance
In 2020, MAXN's revenue was $844.84 million, a decrease of -29.50% compared to the previous year's $1.20 billion. Losses were -$142.63 million, -22.08% less than in 2019.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MAXN stock is "Hold." The 12-month stock price forecast is 18.70, which is a decrease of -1.37% from the latest price.
News
Why Solar Energy Stocks Are Dropping Right Now
Solar stocks are falling again, but there are bright spots on the horizon.
Maxeon Solar Technologies Announces Second Quarter 2021 Financial Results
SINGAPORE, Aug. 12, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial resul...
Should You Buy Maxeon Solar Technologies (MAXN) Ahead of Earnings?
Maxeon Solar Technologies (MAXN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Maxeon Solar Technologies to Release Second Quarter 2021 Financial Results on August 12, 2021
SINGAPORE, July 23, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced it will release its...
Maxeon Solar Technologies Extends its AC Energy Solutions Portfolio Further Advancing its "Beyond the Panel" Strategy
SINGAPORE, July 13, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announces the extension of its AC Energy Solutions with th...
Maxeon Solar Technologies Releases Inaugural Sustainability Report
SINGAPORE, June 30, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced the release of its first Sustainability Report.
Solar Stocks Were On Fire Last Week
Two weeks ago there were two tech industry groups that technical analyst Tom Aspray identified as leaders. The renewable energy stocks which includes many solar stocks had a great week consistent with t...
Why Solar Energy Stocks Jumped This Week
Bans on some solar products could make for a turbulent summer in solar energy.
Maxeon Solar Technologies to Participate in Virtual Nomura Industrials & New Energy Day
SINGAPORE, June 22, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, announced today that its management ...
Maxeon Solar Technologies Announces Changes to Board of Directors
SINGAPORE, June 8, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) (the Company), a global leader in solar innovation and channels, today announced the appointment of Steve Leonard as...
Maxeon Solar Technologies Converts Kering's Logistics Center Into 12.7MW Rooftop PV System
Maxeon Solar Technologies Ltd's (NASDAQ: MAXN) solar technology will power the newly constructed international logistics hub of the global luxury group Kering SA (OTC: PPRUF), which manages the developm...
Maxeon Solar Technologies Transforms the New Logistics Hub of a Global Luxury Group into a 12.7-Megawatt Solar Powerh...
SINGAPORE, June 4, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced a major new flagship installation.
Maxeon Solar Technologies to Participate at Upcoming Virtual Conferences
SINGAPORE, June 1, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, announced today that its management t...
Recap: Maxeon Solar Technologies Q1 Earnings
Shares of Maxeon Solar Technologies (NASDAQ:MAXN) moved lower in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 23.49% year over year to ($1.14), w...
Maxeon Solar Technologies Announces First Quarter 2021 Financial Results
SINGAPORE, May 20, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial results...
Maxeon Solar Technologies to Supply High-Efficiency Solar Panels for Primergy's GW-Scale Gemini Project
SINGAPORE, May 20, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, announced today that it has executed an agreement to supply appr...
Maxeon Solar Technologies Announces Maxeon Air™ Solar Panels, a Disruptive Technology Platform
SINGAPORE, May 18, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) (the Company), a global leader in solar innovation and channels, today announced the commercialization of its new Ma...
Maxeon Solar Technologies to Release First Quarter 2021 Financial Results on May 20, 2021
SINGAPORE, May 10, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced it will release its ...
Maxeon Solar Technologies and Clean Capital Energy Group Join Forces to Bring More High-Quality Green Solar Energy to...
SINGAPORE, May 6, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced that it has been selected by Clean Capital Energy ...
Maxeon Announces Closing of the Full Exercise of Greenshoe Option in its Public Offering of Ordinary Shares
SINGAPORE, April 26, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. ("Maxeon") (NASDAQ: MAXN) today announced that, in connection with its previously announced public offering of 6,944,445 ordinar...
Maxeon Announces Closing of Public Offering of Ordinary Shares
SINGAPORE, April 20, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. ("Maxeon") (NASDAQ: MAXN) today announced the closing of its previously announced public offering of $125.0 million of ordinary ...
Maxeon Raises $125M Via Secondary Equity Offering At 6.8% Discount
Solar innovator Maxeon Solar Technologies Ltd (NASDAQ: MAXN) priced a $125 million secondary public offering at $18 per share to raise $117.1 million. The offer price signifies a 6.8% discount to the Th...
Maxeon Announces Pricing of Public Offering of Ordinary Shares
SINGAPORE, April 16, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (Maxeon) (NASDAQ: MAXN) today announced the pricing of an underwritten public offering of $125.0 million of ordinary shares at a...
Maxeon Solar Technologies Announces Public Offering of Ordinary Shares
SINGAPORE, April 14, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (Maxeon) (NASDAQ: MAXN) today announced that it is offering to sell, subject to market and other conditions, $125,000,000 of ord...
Why Maxeon Solar Technologies Stock Fell 13.7% on Wednesday
Earnings didn't hit what investors were expecting.