A share price of Maxeon Solar Technologies Ltd [MAXN] is currently trading at $7.40, up 12.29%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MAXN shares have gain 34.55% over the last week, with a monthly amount drifted -14.65%, 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 November 15, 2024, when Morgan Stanley downgraded its rating to a Underweight but kept the price target unchanged to $4 for it. Previously, Goldman downgraded its rating to Sell on June 04, 2024, and dropped its price target to $1. On May 31, 2024, downgrade downgraded it’s rating to Under Perform and revised its price target to $0.50 on the stock. Raymond James downgraded its rating to a Mkt Perform. UBS downgraded its rating to a Sell and reduced its price target to $3 on March 08, 2024. Mizuho started tracking with a Neutral rating for this stock on November 21, 2023, and assigned it a price target of $7. In a note dated November 16, 2023, Northland Capital downgraded an Market Perform rating on this stock and revised its target price from $25 to $7.
Maxeon Solar Technologies Ltd experienced fluctuations in its stock price throughout the past year between $4.98 and $779.99. 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 $7.40 at the most recent close of the market. An investor can expect a potential drop of -49.32% based on the average MAXN price forecast.
Analyzing the MAXN fundamentals
Trailing Twelve Months sales for Maxeon Solar Technologies Ltd [NASDAQ:MAXN] were 689.01M which represents -61.09% decline. Gross Profit Margin for this corporation currently stands at -0.34% with Operating Profit Margin at -0.78%, Pretax Profit Margin comes in at -0.92%, and Net Profit Margin reading is -0.94%. To continue investigating profitability, this company’s Return on Assets is posted at -1.47, Equity is 8.31 and Total Capital is -2.62. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.38.
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 6.81 points at the first support level, and at 6.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.69, and for the 2nd resistance point, it is at 7.99.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Maxeon Solar Technologies Ltd [NASDAQ:MAXN] is 1.11. In addition, the Quick Ratio stands at 0.48 and the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 0.18.
