Maxeon Solar Technologies, Ltd. (MAXN)
| Market Cap | 378.43M |
| Revenue (ttm) | 1.22B |
| Net Income (ttm) | -165.20M |
| Shares Out | 52.78M |
| EPS (ttm) | -3.62 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,940,291 |
| Open | 7.40 |
| Previous Close | 7.47 |
| Day's Range | 7.10 - 7.57 |
| 52-Week Range | 3.91 - 38.91 |
| Beta | 1.36 |
| Analysts | Hold |
| Price Target | 8.13 (+13.39%) |
| Earnings Date | Nov 15, 2023 |
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 was incorporated in 2019 and is headquartered in Singapore. [Read more]
Financial Performance
In 2022, MAXN's revenue was $1.06 billion, an increase of 35.34% compared to the previous year's $783.28 million. Losses were -$267.42 million, 5.07% more than in 2021.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for MAXN stock is "Hold." The 12-month stock price forecast is $8.13, which is an increase of 13.39% from the latest price.
News
Maxeon Solar Technologies Expands Patent Dispute Against Aiko
• New IP infringement action filed in the Netherlands • Cease & Desist letter sent regarding false claims SINGAPORE , Dec. 21, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a gl...
Maxeon Solar Technologies Initiates TOPCon Patent Infringement Investigation
SINGAPORE , Nov. 28, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced that it has initiated an investigation of sev...
Maxeon Solar Technologies Announces Third Quarter 2023 Financial Results
--$228 Million Revenue, $2.7 Million Gross Income-- --SunPower Dispute Settled-- SINGAPORE , Nov. 15, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a...
Maxeon Solar Technologies and SunPower Corporation Announce Supply Agreement Amendment and Resolution of Disputes
SINGAPORE, and RICHMOND, Calif. , Nov. 15, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd.
Maxeon Solar Technologies Files Patent Action Against Aiko in Germany
SINGAPORE , Nov. 15, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that its subsidiary Maxeon Solar Pte.
Maxeon Solar Technologies Announces its New General Manager for the Mesa Del Sol Solar Cell and Panel Manufacturing Facility in New Mexico
SINGAPORE , Nov. 14, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced it has brought o...
Maxeon Solar Technologies Wins Apex Award for "Sustainable Business" at United Nations Global Compact Network Singapore's Award Ceremony
SINGAPORE , Nov. 8, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, announced today that it has received the award of 'Sustainable...
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Maxeon Solar Technologies to Release Third Quarter 2023 Financial Results on November 15, 2023
SINGAPORE , Nov. 2, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) (the "Company"), a global leader in solar innovation and channels, today announced it will release its third qua...
Maxeon Solar Technologies provides Business Update and Announces Preliminary Third Quarter Revenue and Shipment Results
SINGAPORE , Oct. 10, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today provided a business update...
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Maxeon Solar Technologies Announces the Appointment of a New Independent Director
SINGAPORE , Sept. 20, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd.
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SunPower Statement Regarding Ongoing Supply Agreement Negotiation
RICHMOND, Calif. , Aug. 11, 2023 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), a leading residential solar technology and energy services provider, released a statement regarding its supply agreement ...
Maxeon Cuts Guidance as Demand for Solar Products Weakens, Sending Shares Lower
Shares of Maxeon Solar Technologies plunged after the company reduced its outlook because of a decline in demand for solar products.
Singapore's Maxeon plans major solar-panel plant in New Mexico, pending federal loan
SANTA FE, N.M. — Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan application with the U.S. Department of Ene...
Maxeon Solar Technologies Announces Second Quarter 2023 Financial Results
--$56 Million GAAP Gross Profit, $30 Million Adjusted EBITDA-- --New Mexico site selected for US cell and module facility-- SINGAPORE , Aug. 10, 2023 /PRNewswire/ --Maxeon Solar Technologies, Ltd. (N...
Maxeon Solar Technologies Selects Albuquerque, New Mexico as Site for New 3-Gigawatt Solar Cell and Panel Manufacturing Facility
160-acre site selected to host > $1 billion manufacturing investment Creation of up to 1,800 new highly skilled manufacturing jobs Represents key advancement in re-shoring domestic solar supply chain ...
Maxeon Solar Technologies to Release Second Quarter 2023 Financial Results on August 10, 2023
SINGAPORE , Aug. 4, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) (the "Company"), a global leader in solar innovation and channels, today announced it will release its second qu...
Maxeon Solar Technologies Releases 2022 Sustainability Report with Enhanced Climate-Related Disclosures
SINGAPORE , June 28, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced the release of its Sustainability Report for ...
Maxeon Solar Technologies Holds Ribbon Cutting Ceremony for Expanded and Renovated Manufacturing Plant in Mexicali, Mexico
The Governor of Baja California, Mexico, Marina del Pilar Ávila Olmeda, and Company Executives led the ribbon-cutting ceremony MEXICALI, Mexico and SINGAPORE , June 26, 2023 /PRNewswire/ -- Maxeon Sol...
Maxeon Solar Technologies Announces its Addition to the Russell 2000® Index
SINGAPORE , June 20, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that the Company has been added as a member ...
Maxeon Solar Technologies ($MAXN) to Integrate SunPower One onto Samsung's Smart Things Platform
Maxeon Solar Technologies (NASDAQ: MAXN), a global leader in solar innovation, has partnered with Samsung to integrate Maxeon's SunPower One residential energy solution into Samsung's SmartThings plat...
Maxeon Solar Technologies and Samsung Join Forces on Smart Home Energy Management Solutions
SINGAPORE , June 14, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or the "Company"), a global leader in solar innovation and channels, today announced a collaboration w...
Maxeon Solar Technologies to Showcase Solar Energy Innovations at Intersolar Europe 2023
New Partnership with Electric Vehicle Charging Software Provider Announces Membership in the European Solar PV Industry Alliance SINGAPORE , June 12, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Lt...