Maxeon Solar Technologies, Ltd. (MAXN)
NASDAQ: MAXN · Real-Time Price · USD
7.40
+0.81 (12.29%)
At close: Dec 20, 2024, 4:00 PM
7.16
-0.24 (-3.24%)
After-hours: Dec 20, 2024, 6:04 PM EST
Maxeon Solar Technologies Stock Forecast
MAXN's stock price has decreased by -98.84% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MAXN stock have an average target of 195.8, with a low estimate of 4.00 and a high estimate of 400. The average target predicts an increase of 2,545.95% from the current stock price of 7.40.
Analyst Consensus: Sell
* Price targets were last updated on Nov 15, 2024.
Analyst Ratings
The average analyst rating for MAXN stock from 6 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 7 | 7 | 5 | 3 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 9 | 9 | 9 | 9 | 8 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $4 | Hold → Sell | Downgrades | $4 | -45.95% | Nov 15, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Strong Sell Downgrades $1,100 → $100 | Strong Buy → Strong Sell | Downgrades | $1,100 → $100 | +1,251.35% | Jun 4, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $300 → $200 | Hold | Maintains | $300 → $200 | +2,602.70% | May 31, 2024 |
| Mizuho | Mizuho | Hold Maintains $700 → $400 | Hold | Maintains | $700 → $400 | +5,305.41% | Apr 11, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 9, 2024 |
Financial Forecast
Revenue This Year
624.75M
from 1.12B
Decreased by -44.37%
Revenue Next Year
682.64M
from 624.75M
Increased by 9.27%
EPS This Year
-34.43
from -594.63
EPS Next Year
-5.59
from -34.43
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 776.0M | 1.1B | 1.3B |
| Avg | 624.8M | 682.6M | 1.1B |
| Low | 535.6M | 263.6M | 854.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -30.9% | 68.1% | 91.6% |
| Avg | -44.4% | 9.3% | 58.2% |
| Low | -52.3% | -57.8% | 25.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.14 | -0.05 | -0.02 |
| Avg | -34.43 | -5.59 | -0.02 |
| Low | -66.02 | -10.69 | -0.02 |
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.