Maxeon Solar Technologies (MAXN) Stock Forecast & Price Target

$0.22

-0.02 (-8.49%)

(As of 07/19/2024 ET)

Maxeon Solar Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for Maxeon Solar Technologies in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 10 analysts, 4 have given a sell rating, and 6 have given a hold rating for MAXN.

Consensus Price Target

$4.41
1,943.72% Upside

High Forecast	$12.00
Average Forecast	$4.41
Low Forecast	$0.50

According to the 10 analysts' twelve-month price targets for Maxeon Solar Technologies, the average price target is $4.41. The highest price target for MAXN is $12.00, while the lowest price target for MAXN is $0.50. The average price target represents a forecasted upside of 1,943.72% from the current price of $0.22.

Type	Current Forecast 7/21/23 to 7/20/24	1 Month Ago 6/21/23 to 6/20/24	3 Months Ago 4/22/23 to 4/21/24	1 Year Ago 7/21/22 to 7/21/23
Consensus Rating	Reduce	Reduce	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)	6 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)	1 Hold rating(s)
Sell	4 Sell rating(s)	4 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$4.41	$4.41	$6.59	$35.00
Forecasted Upside	1,943.72% Upside	29.52% Upside	42.78% Upside	25.76% Upside

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MAXN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MAXN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Maxeon Solar Technologies Stock vs. The Competition

Type	Maxeon Solar Technologies	Oils/Energy Companies	S&P 500
Consensus Rating Score	1.60	2.57	2.51
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	1,943.72% Upside	344.37% Upside	10.04% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/4/2024	The Goldman Sachs Group 2 of 5 stars		Downgrade	Buy ➝ Sell	$11.00 ➝ $1.00	-45.95%
5/31/2024	Northland Capmk 0 of 5 stars	D. Schafer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Strong Sell
5/31/2024	Roth Mkm 1 of 5 stars		Lower Target	Neutral ➝ Neutral	$3.00 ➝ $2.00	+10.50%
5/31/2024	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Market Perform ➝ Under Perform	$7.00 ➝ $0.50	-75.12%
4/11/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$7.00 ➝ $4.00	+65.29%
4/9/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sell ➝ Sell	$3.00 ➝ $2.75	+8.27%
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4/9/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
12/8/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$14.00 ➝ $5.00	+14.42%
10/16/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$31.00 ➝ $12.00	+32.30%
10/11/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Shen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
6/14/2023	51job Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Upgrade

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:56 PM ET.

MAXN Forecast - Frequently Asked Questions

What is Maxeon Solar Technologies' forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Maxeon Solar Technologies is $4.41, with a high forecast of $12.00 and a low forecast of $0.50.
Should I buy or sell Maxeon Solar Technologies stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Maxeon Solar Technologies in the last year. There are currently 4 sell ratings and 6 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" MAXN shares.
Does Maxeon Solar Technologies's stock price have much upside?: According to analysts, Maxeon Solar Technologies's stock has a predicted upside of 29.52% based on their 12-month stock forecasts.
Has Maxeon Solar Technologies been downgraded by Wall Street analysts recently?: Over the previous 90 days, Maxeon Solar Technologies's stock had 3 downgrades by analysts.
What analysts cover Maxeon Solar Technologies?: Maxeon Solar Technologies has been rated by research analysts at Northland Capmk, Northland Securities, Roth Mkm, and The Goldman Sachs Group in the past 90 days.
Do Wall Street analysts like Maxeon Solar Technologies more than its competitors?: Analysts like Maxeon Solar Technologies less than other "oils/energy" companies. The consensus rating for Maxeon Solar Technologies is Reduce while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how MAXN compares to other companies.