In the preceding three months, 14 analysts have released ratings for Maxeon Solar Technologies MAXN, presenting a wide array of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 1 | 9 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 2 | 1 | 4 | 0 | 0 |
| 3M Ago | 1 | 0 | 3 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $11.0, a high estimate of $21.00, and a low estimate of $5.00. A 44.58% drop is evident in the current average compared to the previous average price target of $19.85.
Analyzing Analyst Ratings: A Detailed Breakdown
In examining recent analyst actions, we gain insights into how financial experts perceive Maxeon Solar Technologies. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Maheep Mandloi | Mizuho | Raises | Neutral | $8.00 | $7.00 |
| Brian Lee | Goldman Sachs | Lowers | Buy | $11.00 | $18.00 |
| David Nierengarten | Morgan Stanley | Lowers | Equal-Weight | $5.00 | $14.00 |
| Maheep Mandloi | Mizuho | Announces | Neutral | $7.00 | - |
| Brian Lee | Goldman Sachs | Lowers | Buy | $18.00 | $21.00 |
| William Grippin | UBS | Lowers | Neutral | $7.00 | $11.00 |
| Philip Shen | Roth MKM | Lowers | Neutral | $6.00 | $10.00 |
| Brian Lee | Goldman Sachs | Lowers | Buy | $18.00 | $21.00 |
| Donovan Schafer | Northland Capital Markets | Lowers | Market Perform | $7.00 | $25.00 |
| Pavel Molchanov | Raymond James | Lowers | Outperform | $10.00 | $20.00 |
| David Nierengarten | Morgan Stanley | Lowers | Equal-Weight | $14.00 | $22.00 |
| Julien Dumoulin-Smith | B of A Securities | Lowers | Neutral | $12.00 | $31.00 |
| Brian Lee | Goldman Sachs | Lowers | Buy | $21.00 | $33.00 |
| Philip Shen | Roth MKM | Lowers | Neutral | $10.00 | $25.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Maxeon Solar Technologies. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Maxeon Solar Technologies compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Maxeon Solar Technologies's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Maxeon Solar Technologies's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Maxeon Solar Technologies analyst ratings.
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Unveiling the Story Behind Maxeon Solar Technologies
Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, France, Italy, and Others.
Financial Insights: Maxeon Solar Technologies
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Challenges: Maxeon Solar Technologies's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -17.36%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -47.56%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Maxeon Solar Technologies's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -49.53%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Maxeon Solar Technologies's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -7.86%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Maxeon Solar Technologies's debt-to-equity ratio surpasses industry norms, standing at 2.56. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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