Maxeon Solar Technologies (MAXN) Expected to Announce Earnings on Tuesday

Maxeon Solar Technologies (NASDAQ:MAXN) is expected to post its resultson Tuesday, April 7th. Analysts expect Maxeon Solar Technologies to post earnings of ($1.00) per share and revenue of $304.1490 million for the quarter.

Maxeon Solar Technologies Price Performance

Shares of NASDAQ:MAXN opened at $0.68 on Monday. The business has a 50 day moving average price of $2.36 and a 200 day moving average price of $2.96. Maxeon Solar Technologies has a twelve month low of $0.67 and a twelve month high of $4.97. The company has a market cap of $11.43 million, a price-to-earnings ratio of 0.00 and a beta of 1.26.

Hedge Funds Weigh In On Maxeon Solar Technologies

A hedge fund recently bought a new stake in Maxeon Solar Technologies stock. Mackenzie Financial Corp purchased a new stake in Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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. Institutional investors own 47.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Maxeon Solar Technologies in a report on Thursday, January 22nd. Wall Street Zen raised shares of Maxeon Solar Technologies to a “hold” rating in a research report on Saturday, March 7th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

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.