Maxeon Solar Technologies Ltd. (MAXN)
| Market Cap | 679.61M |
| Revenue (ttm) | 844.84M |
| Net Income (ttm) | -142.63M |
| Shares Out | 43.04M |
| EPS (ttm) | -5.82 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | May 12 |
| Last Price | $15.25 |
| Previous Close | $16.45 |
| Change ($) | -1.20 |
| Change (%) | -7.29% |
| Day's Open | 16.09 |
| Day's Range | 15.02 - 16.57 |
| Day's Volume | 881,286 |
| 52-Week Range | 11.78 - 57.97 |
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 ...
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 ...
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...
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 ...
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...
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...
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...
Earnings didn't hit what investors were expecting.
SINGAPORE, April 6, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial result...
SINGAPORE, April 6, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced a major new initiative to expand its engagement ...
SINGAPORE, April 1, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that Ralf Elias will join Maxeon as its Executi...
SINGAPORE, March 30, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation, today announced it will release its fourth quart...
SINGAPORE, March 8, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation, announced today that its management team will pr...
Solar stocks that are likely to benefit in the next decade as adoption of renewable energy sources increases globally. The post 4 Solar Stocks Energizing the Market appeared first on InvestorPlace.
Solar stocks are on the rise Thursday following President Joe Biden signing executive orders concerning the climate and environment. The post Solar Stocks News: SPWR, MAXN, CSIQ, FSLR, BEP, SEDG Sparkle...
SINGAPORE, Jan. 19, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation, announced today that its Maxeon solar cell fabrication facility in Laguna, Ph...
The recent blue wave makes these cheap stocks look strong and likely to give great returns in the coming year. The post 7 Cheap Stocks to Buy as Democrats Gain Control appeared first on InvestorPlace.
Maxeon's large GAAP losses are related to legacy supply contract write-downs. Operationally, Maxeon has been able to reduce its manufacturing costs which is a key factor to its profitability.
Solar energy is hot right now.
With Democrats set to flip the Senate, solar stocks are positioned to surge in a big way over the next few years. The post 3 Solar Stocks to Buy for the Blue Wave appeared first on InvestorPlace.
Given the enthusiasm among many analysts and investors for clean energy and ESG (environmental, social and governance) stocks, Monday's actions by analysts at Goldman Sachs may seem a bit out of whack.
SINGAPORE, Dec. 22, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global solar innovation leader, today announced that the company has received a positive patent validity ruling ...
SINGAPORE, Dec. 17, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation, today announced a strategic addition to its executive management team with Ma...
SINGAPORE, Dec. 14, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation, today joined the United Nations Global Compact, the world's largest voluntar...
Maxeon Solar Technologies Looks Set To Survive The Panel Price War
SINGAPORE, Nov. 24, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd., (NASDAQ:MAXN), a global leader in solar innovation, announced today that its management team will present at Bank of America 202...
SINGAPORE, Nov. 19, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation, today announced its financial results for the thi...
SINGAPORE, Nov. 12, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation, today announced that it will release its third q...
SINGAPORE, Oct. 29, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd., (NASDAQ:MAXN), a global leader in solar innovation, today announced the launch of the SunPower Advantage Installer Program, a ne...
Maxeon Solar's Underestimated Earnings Potential A Major Buying Opportunity
Blame Goldman Sachs.
Maxeon should trade equal or at a premium to its peers given its strong balance sheet, superior technology, and improved manufacturing.
SINGAPORE, Oct. 6, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd., (NASDAQ: MAXN), a global leader in solar innovation, announced today that its management will present on UBS Global Energy Transi...
SINGAPORE, Sept. 30, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon") today announced the completion of its previously announced registered offering of Maxeon's ordinary sha...
SINGAPORE, Sept. 28, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation, today announced that it filed a patent infringement lawsuit against Canadian...
SINGAPORE, Sept. 16, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd.
SINGAPORE, Sept. 8, 2020 /PRNewswire/ -- Maxeon Solar Technologies, Ltd.
The solar industry might not be a big market as it accounts for merely 2% of the total electricity generated in the U.S.
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.
| Industry Solar | |
| Stock Exchange NASDAQ | Ticker Symbol MAXN |
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.
Analyst Forecasts
According to 2 analysts, the average rating for MAXN stock is "Hold." The 12-month stock price forecast is 23.67, which is an increase of 55.21% from the latest price.