Maxeon Solar Technologies, Ltd. (MAXN)
NASDAQ: MAXN · IEX Real-Time Price · USD
0.216
-0.025 (-10.32%)
At close: Jul 19, 2024, 4:00 PM
0.227
+0.011 (5.06%)
Pre-market: Jul 22, 2024, 7:49 AM EDT
Maxeon Solar Technologies Stock Forecast
MAXN's stock price has decreased by -99.22% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MAXN stock have an average target of 4.82, with a low estimate of 1.00 and a high estimate of 12. The average target predicts an increase of 2,135.62% from the current stock price of 0.22.
Analyst Consensus: Sell
* Price targets were last updated on Jun 4, 2024.
Analyst Ratings
The average analyst rating for MAXN stock from 8 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 6 | 5 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 1 | 2 | 2 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy → Strong Sell Downgrades $11 → $1 | Strong Buy → Strong Sell | Downgrades | $11 → $1 | +363.82% | Jun 4, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | +827.64% | May 31, 2024 |
| Mizuho | Mizuho | Hold Maintains $7 → $4 | Hold | Maintains | $7 → $4 | +1,755.29% | Apr 11, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 9, 2024 |
| UBS | UBS | Strong Sell Maintains $3 → $2.75 | Strong Sell | Maintains | $3 → $2.75 | +1,175.51% | Apr 9, 2024 |
Financial Forecast
Revenue This Year
788.05M
from 1.12B
Decreased by -29.83%
Revenue Next Year
1.01B
from 788.05M
Increased by 28.42%
EPS This Year
-3.30
from -5.95
EPS Next Year
-1.44
from -3.30
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 948.7M | 1.3B | 1.4B |
| Avg | 788.1M | 1.0B | 1.2B |
| Low | 628.1M | 772.8M | 928.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -15.5% | 59.5% | 39.3% |
| Avg | -29.8% | 28.4% | 21.3% |
| Low | -44.1% | -1.9% | -8.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.40 | -0.06 | - |
| Avg | -3.30 | -1.44 | -0.37 |
| Low | -4.98 | -2.75 | -0.71 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.