Maxeon Solar Technologies (MAXN) Projected to Post Earnings on Tuesday

Maxeon Solar Technologies (NASDAQ:MAXN) will likely be announcing its resultson Tuesday, April 7th. Analysts expect the company to announce earnings of ($1.00) per share and revenue of $304.1490 million for the quarter.

Maxeon Solar Technologies Stock Performance

NASDAQ:MAXN opened at $1.39 on Tuesday. The stock has a market capitalization of $23.23 million, a PE ratio of -0.01 and a beta of 1.13. Maxeon Solar Technologies has a fifty-two week low of $1.36 and a fifty-two week high of $4.97. The company has a fifty day moving average of $2.51 and a two-hundred day moving average of $3.04.

Analyst Upgrades and Downgrades

MAXN has been the subject of a number of research reports. Wall Street Zen raised shares of Maxeon Solar Technologies to a “hold” rating in a research note on Saturday, March 7th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maxeon Solar Technologies in a research note on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Maxeon Solar Technologies stock. Mackenzie Financial Corp bought a new position in shares of Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,944 shares of the company’s stock, valued at approximately $37,000. Mackenzie Financial Corp owned approximately 1.99% of Maxeon Solar Technologies as of its most recent SEC filing. 47.67% of the stock is owned by institutional investors and hedge funds.

Maxeon Solar Technologies Company Profile

Maxeon Solar Technologies, traded on NASDAQ as MAXN, is a global leader in the design and manufacture of high-efficiency solar panels. Utilizing its proprietary interdigitated back contact (IBC) cell architecture, Maxeon delivers advanced photovoltaic modules that offer superior performance, reliability, and durability to residential, commercial, and utility-scale customers. The company’s product portfolio includes a range of solar panels optimized for various installation scenarios and climates, underpinned by its commitment to quality and long-term warranty coverage.

Headquartered in Singapore, Maxeon operates manufacturing facilities in Malaysia, Mexico, and France, and maintains a broad footprint across the Americas, Europe, the Middle East, Africa, and Asia Pacific.