What 11 Analyst Ratings Have To Say About Maxeon Solar Technologies

Maxeon Solar Technologies, Ltd. -2.88%

Maxeon Solar Technologies, Ltd.




Ratings for Maxeon Solar Technologies (NASDAQ:MAXN) were provided by 11 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 1 7 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 1 0 0
2M Ago 1 0 1 0 0
3M Ago 2 1 4 0 0

In the assessment of 12-month price targets, analysts unveil insights for Maxeon Solar Technologies, presenting an average target of $9.45, a high estimate of $18.00, and a low estimate of $5.00. A decline of 39.03% from the prior average price target is evident in the current average.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

An in-depth analysis of recent analyst actions unveils 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 Lowers Neutral $7.00 $8.00
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

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Maxeon Solar Technologies. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' 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.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Maxeon Solar Technologies's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Maxeon Solar Technologies analyst ratings.

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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.

Financial Insights: Maxeon Solar Technologies

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Negative Revenue Trend: Examining Maxeon Solar Technologies's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -17.36% in revenue growth, reflecting 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 net margin is impressive, surpassing industry averages. With a net margin of -47.56%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Maxeon Solar Technologies's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -49.53%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -7.86%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Maxeon Solar Technologies's debt-to-equity ratio stands notably higher than the industry average, reaching 2.56. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

What Are Analyst Ratings?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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

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