A share price of Maxeon Solar Technologies Ltd [MAXN] is currently trading at $0.15, down -8.16%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MAXN shares have gain 7.81% over the last week, with a monthly amount drifted -38.40%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Maxeon Solar Technologies Ltd [NASDAQ: MAXN] stock has seen the most recent analyst activity on June 04, 2024, when Goldman downgraded its rating to a Sell and also revised its price target to $1 from $11. Previously, Northland Capital downgraded its rating to Under Perform on May 31, 2024, and dropped its price target to $0.50. On April 09, 2024, downgrade downgraded it’s rating to Mkt Perform. UBS downgraded its rating to a Sell and decreased its price target to $3 on March 08, 2024. Mizuho initiated its recommendation with a Neutral and recommended $7 as its price target on November 21, 2023. Northland Capital downgraded its rating to Market Perform for this stock on November 16, 2023, and downed its price target to $7. In a note dated October 16, 2023, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $31 to $12.
Maxeon Solar Technologies Ltd experienced fluctuations in its stock price throughout the past year between $0.13 and $23.47. Currently, Wall Street analysts expect the stock to reach $3.75 within the next 12 months. Maxeon Solar Technologies Ltd [NASDAQ: MAXN] shares were valued at $0.15 at the most recent close of the market. An investor can expect a potential return of 2400.0% based on the average MAXN price forecast.
Analyzing the MAXN fundamentals
Trailing Twelve Months sales for Maxeon Solar Technologies Ltd [NASDAQ:MAXN] were 992.23M which represents -41.11% decline. Gross Profit Margin for this corporation currently stands at 0.01% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.38%, and Net Profit Margin reading is -0.38%. To continue investigating profitability, this company’s Return on Assets is posted at -0.45, Equity is -4.15 and Total Capital is -0.38. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-5.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1395 points at the first support level, and at 0.1327 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1576, and for the 2nd resistance point, it is at 0.1689.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Maxeon Solar Technologies Ltd [NASDAQ:MAXN] is 1.36. Also, the Quick Ratio is 0.56, while the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 0.01.
