Streetbeat News

MAXN

Maxeon Solar Technologies, Ltd.

https://www.maxeon.com

Industry

Solar

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. Maxeon Solar Technologies, Ltd. was incorporated in 2019 and is headquartered in Singapore.

Open

9.28

Mkt cap

140M

Volume

284K

High

9.86

P/E Ratio

-0.01

52-wk high

780.00

Low

9.11

Div yield

N/A

52-wk low

4.98

The article highlights the intraday movements of various Information Technology stocks on Monday. Quantum (QMCO), Canaan (CAN), EMCORE (EMKR), Soluna Holdings (SLNH), VirnetX Holding (VHC), and Nortech Systems (NSYS) saw significant gains, while Actelis Networks (ASNS), TROOPS (TROO), Maxeon Solar Technologies (MAXN), Spectaire Holdings (SPEC), Intellinetics (INLX), and Sobr Safe (SOBR) experienced notable declines.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 4:31 pm

Maxeon Solar Technologies has entered into a forward purchase agreement with Zhonghuan Singapore Investment and Development for the sale of its ordinary shares at a purchase price of $100 million.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 10:17 am

The article highlights the performance of various Information Technology stocks during Wednesday's after-market session. Broadcom (AVGO) saw a significant rise of 9.6% following its Q2 earnings report. Other gainers include Telos (TLS), My Size (MYSZ), Maxeon Solar Technologies (MAXN), Ondas Holdings (ONDS), and Evolv Technologies (EVLV). On the losing side, Spectaire Holdings (SPEC), Inuvo (INUV), Photronics (PLAB), Soluna Holdings (SLNH), X3 Holdings (XTKG), and Actelis Networks (ASNS) experienced declines.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 8:30 pm

Oakridge Dairy, the largest dairy farm in the Northeast U.S., is now using advanced solar energy solutions from Maxeon Solar Technologies (NASDAQ: MAXN) to power its operations, significantly reducing its carbon footprint.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:48 pm

Goldman Sachs has downgraded Maxeon Solar Technologies (NASDAQ:MAXN) from Buy to Sell and significantly lowered the price target from $11 to $1.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 3:38 pm

The article highlights the performance of various Information Technology stocks during Friday's after-market session. Notable gainers include Focus Universal, CISO Global, Verb Tech, Autodesk, Inuvo, and Stronghold Digital Mining. On the losing side, Baijiayun Group, TROOPS, Maxeon Solar Technologies, Brand Engagement Network, NextNav, and GSE Systems saw declines.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 8:32 pm

The article highlights the intraday movements of various information technology stocks on Friday. Key gainers include Brand Engagement Network (BNAI), FOXO Technologies (FOXO), Ambarella (AMBA), Unusual Machines (UMAC), Neonode (NEON), and Saverone 2014 (SVRE). Key losers include MongoDB (MDB), Dell Technologies (DELL), Sobr Safe (SOBR), Maxeon Solar Technologies (MAXN), SentinelOne (S), and Cyngn (CYN).

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 4:31 pm

Analysts have mixed ratings for Maxeon Solar Technologies (NASDAQ:MAXN) over the past three months, with a recent average 12-month price target of $3.68, down 33.93% from the prior average. The company faces financial challenges, including a -17.36% revenue decline and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 4:00 pm

Roth MKM analyst Philip Shen maintains a Neutral rating on Maxeon Solar Technologies (NASDAQ:MAXN) and lowers the price target from $3 to $2.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 3:04 pm

Maxeon Solar Technologies has regained compliance with Nasdaq Listing Rule 5250(c)(1) after filing its 2023 Annual Report. The company had previously received a notice of non-compliance due to a delayed filing.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:10 pm

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