Maxeon Solar Technologies, Ltd. (MAXN)
NASDAQ: MAXN · IEX Real-Time Price · USD
1.960
+0.020 (1.03%)
Apr 23, 2024, 4:00 PM EDT - Market closed
Maxeon Solar Technologies Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MAXN stock have an average target of 6.39, with a low estimate of 2.75 and a high estimate of 12. The average target predicts an increase of 226.02% from the current stock price of 1.96.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for MAXN stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 6 | 6 | 6 | 6 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Maintains $7 → $4 | Hold | Maintains | $7 → $4 | +104.08% | 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 | +40.31% | Apr 9, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $3 | Hold | Maintains | $3 | +53.06% | Apr 9, 2024 |
| Raymond James | Raymond James | Buy Maintains $10 → $8 | Buy | Maintains | $10 → $8 | +308.16% | Apr 3, 2024 |
Financial Forecast
Revenue This Year
1.15B
from 1.06B
Increased by 8.86%
Revenue Next Year
1.09B
from 1.15B
Decreased by -5.72%
EPS This Year
-2.94
from -6.54
EPS Next Year
-2.98
from -2.94
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 1.2B | 1.3B | 1.5B | 1.4B |
| Avg | 1.2B | 1.1B | 1.3B | 1.4B |
| Low | 1.1B | 885.4M | 1.1B | 1.3B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 12.9% | 11.4% | 38.7% | 12.6% |
| Avg | 8.9% | -5.7% | 17.6% | 9.3% |
| Low | 3.9% | -23.3% | -2.6% | 5.1% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -3.02 | -2.22 | -0.49 |
| Avg | -2.94 | -2.98 | -1.77 |
| Low | -2.82 | -3.81 | -2.67 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| 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.