4 Analysts Have This To Say About Maxeon Solar Technologies

Maxeon Solar Technologies MAXN has been analyzed by 4 analysts in the last three months, revealing a diverse range 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.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $7.25, a high estimate of $11.00, and a low estimate of $3.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 27.5%.

Deciphering Analyst Ratings: An In-Depth Analysis

A clear picture of Maxeon Solar Technologies's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines 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: Analysts explore the dynamics of price targets, providing estimates for the future value of Maxeon Solar Technologies's stock. This examination reveals shifts in analysts' expectations over time.

For valuable insights into Maxeon Solar Technologies's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Maxeon Solar Technologies analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Get to Know Maxeon Solar Technologies Better

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 Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Maxeon Solar Technologies's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately -17.36%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.

Net Margin: Maxeon Solar Technologies's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -47.56% net margin, the company effectively manages costs and achieves strong profitability.

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 excels beyond industry benchmarks, reaching -7.86%. This signifies efficient management of assets and strong financial health.

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 Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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