Skip to main content

Maxeon Solar Technologies Ltd. (MAXN)

NASDAQ: MAXN · Delayed Price · USD
18.95
-0.01 (-0.05%)
After-hours:Sep 24, 2021 5:31 PM EDT
18.96
-0.51 (-2.62%)
At close: Sep 24, 4:00 PM
Market Cap832.22M
Revenue (ttm)793.50M
Net Income (ttm)-180.12M
Shares Out44.20M
EPS (ttm)-5.79
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume491,786
Open19.17
Previous Close19.47
Day's Range18.64 - 19.59
52-Week Range13.41 - 57.97
Betan/a
AnalystsHold
Price Target18.70 (-1.4%)
Est. Earnings DateNov 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.

IndustrySemiconductors & Semiconductor Equipment
Employees4,609
Stock ExchangeNASDAQ
Ticker SymbolMAXN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$18.70
(-1.37% downside)
Analyst Consensus: Hold

News

Why Solar Energy Stocks Are Dropping Right Now

Solar stocks are falling again, but there are bright spots on the horizon.

Other symbols:CSIQENPHJKSSPWR
1 month ago - The Motley Fool

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...

1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

2 months ago - PRNewsWire

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...

2 months ago - Forbes

Why Solar Energy Stocks Jumped This Week

Bans on some solar products could make for a turbulent summer in solar energy.

Other symbols:FSLRSPWR
2 months ago - The Motley Fool

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 ...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - Benzinga

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.

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - Benzinga

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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 ...

5 months ago - PRNewsWire

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...

5 months ago - Benzinga

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

Why Maxeon Solar Technologies Stock Fell 13.7% on Wednesday

Earnings didn't hit what investors were expecting.

5 months ago - The Motley Fool