The Analyst Landscape: 4 Takes On Maxeon Solar Technologies

In the latest quarter, 4 analysts provided ratings for Maxeon Solar Technologies MAXN, showcasing a mix of bullish and bearish perspectives.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $5.25, with a high estimate of $8.00 and a low estimate of $3.00. This current average represents a 25.0% decrease from the previous average price target of $7.00.

Exploring Analyst Ratings: An In-Depth Overview

A comprehensive examination of how financial experts perceive Maxeon Solar Technologies is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

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: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Maxeon Solar Technologies compared to the broader market.
• Price Targets: Gaining insights, analysts provide estimates for the future value of Maxeon Solar Technologies's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Maxeon Solar Technologies's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Maxeon Solar Technologies analyst ratings.

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All You Need to Know About 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.

Maxeon Solar Technologies: Delving into Financials

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

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. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Maxeon Solar Technologies's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -47.56%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Maxeon Solar Technologies's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -49.53%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Maxeon Solar Technologies's ROA stands out, surpassing industry averages. With an impressive ROA of -7.86%, the company demonstrates effective utilization of assets and strong financial performance.

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.

What Are Analyst Ratings?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

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.

This article was generated by Benzinga's automated content engine and reviewed by an editor.