Maxeon Solar Technologies, Ltd. (MAXN)
NASDAQ: MAXN · Real-Time Price · USD
8.13
-0.54 (-6.23%)
Nov 21, 2024, 2:04 PM EST - Market open
Maxeon Solar Technologies Stock Forecast
MAXN's stock price has decreased by -98.4% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 6 analysts with 12-month price forecasts for MAXN stock have an average target of 246.5, with a low estimate of 4.00 and a high estimate of 500. The average target predicts an increase of 2,931.98% from the current stock price of 8.13.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for MAXN stock from 7 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 7 | 7 | 7 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 9 | 9 | 9 | 9 | 9 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $4 | Hold → Sell | Downgrades | $4 | -50.80% | Nov 15, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Strong Sell Downgrades $1,100 → $100 | Strong Buy → Strong Sell | Downgrades | $1,100 → $100 | +1,130.01% | Jun 4, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $300 → $200 | Hold | Maintains | $300 → $200 | +2,360.02% | May 31, 2024 |
| Mizuho | Mizuho | Hold Maintains $700 → $400 | Hold | Maintains | $700 → $400 | +4,820.05% | 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
616.66M
from 1.12B
Decreased by -45.09%
Revenue Next Year
798.04M
from 616.66M
Increased by 29.41%
EPS This Year
-11.29
from -594.63
EPS Next Year
-5.64
from -11.29
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 776.0M | 1.1B | 1.3B |
| Avg | 616.7M | 798.0M | 1.1B |
| Low | 512.3M | 596.2M | 853.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -30.9% | 70.3% | 63.9% |
| Avg | -45.1% | 29.4% | 35.3% |
| Low | -54.4% | -3.3% | 7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.14 | -0.05 | -0.02 |
| Avg | -11.29 | -5.64 | -0.02 |
| Low | -21.56 | -10.78 | -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.