Maxeon Solar (MAXN) Stock Forecast, Price Target & Predictions
MAXN Stock Forecast
Maxeon Solar stock forecast is as follows: an average price target of $3.75 (represents a -67.02% downside from MAXN’s last price of $11.37) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
MAXN Price Target
The average price target for Maxeon Solar (MAXN) is $3.75 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $1.00. This represents a potential -67.02% downside from MAXN's last price of $11.37.
MAXN Analyst Ratings
According to 5 Wall Street analysts, Maxeon Solar's rating consensus is 'Hold'. The analyst rating breakdown for MAXN stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 2 'Hold' (40.00%), 2 'Sell' (40.00%), and 0 'Strong Sell' (0.00%).
Maxeon Solar Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 04, 2024 | Brian Lee | Goldman Sachs | $1.00 | $1.85 | -45.95% | -91.20% |
| May 31, 2024 | Philip Shen | Roth Capital | $2.00 | $2.03 | -1.48% | -82.41% |
| Apr 11, 2024 | Maheep Mandloi | Mizuho Securities | $4.00 | $2.42 | 65.29% | -64.82% |
| Apr 03, 2024 | Pavel Molchanov | Raymond James | $8.00 | $2.90 | 175.86% | -29.64% |
| Sep 07, 2022 | Brian Lee | Goldman Sachs | $27.00 | $21.22 | 27.24% | 137.47% |
| Aug 22, 2022 | - | Goldman Sachs | $9.00 | $17.20 | -47.67% | -20.84% |
The latest Maxeon Solar stock forecast, released on Jun 04, 2024 by Brian Lee from Goldman Sachs, set a price target of $1.00, which represents a -45.95% decrease from the stock price at the time of the forecast ($1.85), and a -91.20% decrease from MAXN last price ($11.37).
Maxeon Solar Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 4 |
| Avg Price Target | - | - | $3.75 |
| Last Closing Price | $11.37 | $11.37 | $11.37 |
| Upside/Downside | -100.00% | -100.00% | -67.02% |
In the current month, the average price target of Maxeon Solar stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Maxeon Solar's last price of $11.37. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 04, 2024 | Goldman Sachs | Buy | Sell | Downgrade |
| Jun 02, 2024 | UBS | Sell | Sell | Hold |
| May 31, 2024 | William Blair | Neutral | Neutral | Hold |
| Apr 11, 2024 | William Blair | Neutral | Neutral | Hold |
| Apr 09, 2024 | Raymond James | Outperform | Market Perform | Downgrade |
| Apr 03, 2024 | Raymond James | Outperform | Outperform | Hold |
| Nov 16, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Nov 16, 2023 | Raymond James | Outperform | Perform | Downgrade |
| Oct 12, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Jun 14, 2023 | MoffettNathanson | - | Buy | Upgrade |
Maxeon Solar's last stock rating was published by Goldman Sachs on Jun 04, 2024. The company Downgrade its MAXN rating from "Buy" to "Sell".
Maxeon Solar Financial Forecast
Maxeon Solar Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $318.33M | $323.50M | $275.45M | $238.08M | $223.08M | - | $220.49M | $175.90M | - | - | $206.62M | $165.01M |
| Avg Forecast | $375.45M | $323.02M | $296.84M | $250.43M | $254.47M | $206.58M | $187.00M | $156.36M | $162.34M | $103.04M | $177.75M | $193.90M | $234.69M | $227.18M | $374.28M | $328.17M | $315.70M | $277.97M | $220.05M | $214.72M | $222.99M | $227.98M | $181.11M | $160.28M | $242.06M | $206.61M | $170.04M |
| High Forecast | $375.45M | $323.02M | $296.84M | $250.43M | $254.47M | $206.58M | $187.00M | $156.36M | $162.34M | $155.66M | $177.75M | $193.90M | $238.25M | $232.04M | $374.28M | $328.17M | $315.70M | $277.97M | $220.05M | $214.72M | $222.99M | $227.98M | $181.11M | $160.28M | $242.06M | $206.61M | $170.04M |
| Low Forecast | $375.45M | $323.02M | $296.84M | $250.43M | $254.47M | $206.58M | $187.00M | $156.36M | $162.34M | $71.46M | $177.75M | $193.90M | $232.91M | $222.31M | $374.28M | $328.17M | $315.70M | $277.97M | $220.05M | $214.72M | $222.99M | $227.98M | $181.11M | $160.28M | $242.06M | $206.61M | $170.04M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.02% | 0.99% | 1.08% | 1.04% | - | 0.97% | 0.97% | - | - | 1.00% | 0.97% |
Maxeon Solar's average Quarter revenue forecast for Jun 23 based on 2 analysts is $374.28M, with a low forecast of $374.28M, and a high forecast of $374.28M. MAXN's average Quarter revenue forecast represents a 17.57% increase compared to the company's last Quarter revenue of $318.33M (Mar 23).
Maxeon Solar EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $50.41M | $-39.58M | $-16.48M | $-59.86M | $-37.77M | - | $-47.45M | $-61.44M | - | - | $-64.37M | $-37.31M |
| Avg Forecast | $-36.81M | $-31.67M | $-29.10M | $-24.55M | $-24.95M | $-20.25M | $-18.33M | $-15.33M | $-15.92M | $-10.10M | $-17.43M | $-19.01M | $-23.01M | $-22.27M | $-36.69M | $-32.17M | $-30.95M | $-27.25M | $-21.57M | $-21.05M | $-21.86M | $-22.35M | $-40.45M | $-15.71M | $-23.73M | $-43.54M | $-16.67M |
| High Forecast | $-36.81M | $-31.67M | $-29.10M | $-24.55M | $-24.95M | $-20.25M | $-18.33M | $-15.33M | $-15.92M | $-7.01M | $-17.43M | $-19.01M | $-22.83M | $-21.80M | $-36.69M | $-32.17M | $-30.95M | $-27.25M | $-21.57M | $-21.05M | $-21.86M | $-22.35M | $-32.36M | $-15.71M | $-23.73M | $-34.83M | $-16.67M |
| Low Forecast | $-36.81M | $-31.67M | $-29.10M | $-24.55M | $-24.95M | $-20.25M | $-18.33M | $-15.33M | $-15.92M | $-15.26M | $-17.43M | $-19.01M | $-23.36M | $-22.75M | $-36.69M | $-32.17M | $-30.95M | $-27.25M | $-21.57M | $-21.05M | $-21.86M | $-22.35M | $-48.54M | $-15.71M | $-23.73M | $-52.25M | $-16.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.57% | 1.28% | 0.60% | 2.77% | 1.79% | - | 2.12% | 1.52% | - | - | 1.48% | 2.24% |
2 analysts predict MAXN's average Quarter EBITDA for Jun 23 to be $-36.69M, with a high of $-36.69M and a low of $-36.69M. This is -172.78% lower than Maxeon Solar's previous annual EBITDA (Mar 23) of $50.41M.
Maxeon Solar Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.27M | $-77.42M | $-40.90M | $-83.62M | $-56.14M | - | $-65.36M | $-77.01M | - | - | $-67.75M | $-46.59M |
| Avg Forecast | $228.33M | $24.66M | $204.67M | $-596.10M | $-541.43M | $-1.04B | $-1.68B | $-1.85B | $-1.91B | $-2.76B | $-73.80B | $-64.95B | $-94.41B | $-70.91B | $-4.37B | $-28.98B | $-80.17B | $-93.03B | $-107.62B | $-86.90B | $-85.96B | $-91.98B | $-50.71M | $-97.14B | $-73.30B | $-45.82M | $-89.57B |
| High Forecast | $228.33M | $24.66M | $204.67M | $-596.10M | $-541.43M | $-1.04B | $-1.68B | $-1.85B | $-1.91B | $-1.20B | $-73.80B | $-64.95B | $-44.46B | $-70.91B | $-4.37B | $-28.98B | $-80.17B | $-93.03B | $-107.62B | $-86.90B | $-85.96B | $-91.98B | $-40.57M | $-97.14B | $-73.30B | $-36.66M | $-89.57B |
| Low Forecast | $228.33M | $24.66M | $204.67M | $-596.10M | $-541.43M | $-1.04B | $-1.68B | $-1.85B | $-1.91B | $-4.32B | $-73.80B | $-64.95B | $-119.16B | $-70.91B | $-4.37B | $-28.98B | $-80.17B | $-93.03B | $-107.62B | $-86.90B | $-85.96B | $-91.98B | $-60.85M | $-97.14B | $-73.30B | $-54.99M | $-89.57B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | 0.00% | 0.00% | 0.00% | 0.00% | - | 0.00% | 1.52% | - | - | 1.48% | 0.00% |
Maxeon Solar's average Quarter net income forecast for Jun 23 is $-4.37B, with a range of $-4.37B to $-4.37B. MAXN's average Quarter net income forecast represents a -21658.59% decrease compared to the company's last Quarter net income of $20.27M (Mar 23).
Maxeon Solar SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $31.03M | $26.13M | $29.14M | $21.52M | $23.75M | - | $18.49M | $22.74M | - | - | $209.10M | $166.00M |
| Avg Forecast | $37.66M | $32.40M | $29.77M | $25.12M | $25.52M | $20.72M | $18.76M | $15.68M | $16.28M | $10.33M | $17.83M | $19.45M | $23.54M | $22.79M | $37.54M | $32.91M | $31.66M | $27.88M | $22.07M | $21.54M | $22.37M | $22.87M | $14.98M | $16.08M | $24.28M | $141.42M | $17.05M |
| High Forecast | $37.66M | $32.40M | $29.77M | $25.12M | $25.52M | $20.72M | $18.76M | $15.68M | $16.28M | $15.61M | $17.83M | $19.45M | $23.90M | $23.27M | $37.54M | $32.91M | $31.66M | $27.88M | $22.07M | $21.54M | $22.37M | $22.87M | $17.97M | $16.08M | $24.28M | $169.71M | $17.05M |
| Low Forecast | $37.66M | $32.40M | $29.77M | $25.12M | $25.52M | $20.72M | $18.76M | $15.68M | $16.28M | $7.17M | $17.83M | $19.45M | $23.36M | $22.30M | $37.54M | $32.91M | $31.66M | $27.88M | $22.07M | $21.54M | $22.37M | $22.87M | $11.98M | $16.08M | $24.28M | $113.14M | $17.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.83% | 1.05% | 0.98% | 1.10% | - | 0.81% | 1.52% | - | - | 1.48% | 9.73% |
Maxeon Solar's average Quarter SG&A projection for Jun 23 is $37.54M, based on 2 Wall Street analysts, with a range of $37.54M to $37.54M. The forecast indicates a 20.98% rise compared to MAXN last annual SG&A of $31.03M (Mar 23).
Maxeon Solar EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.49 | $-1.88 | $-1.00 | $-2.05 | $-1.38 | - | $-1.62 | $-1.99 | - | - | $-2.74 | $-2.19 |
| Avg Forecast | $0.34 | $0.04 | $0.31 | $-0.89 | $-0.81 | $-1.56 | $-2.52 | $-2.77 | $-2.86 | $-4.13 | $-110.41 | $-97.16 | $-141.25 | $-106.09 | $-6.54 | $-43.36 | $-119.93 | $-139.18 | $-161.00 | $-130.00 | $-128.60 | $-137.60 | $-133.80 | $-145.33 | $-109.67 | $-156.50 | $-134.00 |
| High Forecast | $0.34 | $0.04 | $0.31 | $-0.89 | $-0.81 | $-1.56 | $-2.52 | $-2.77 | $-2.86 | $-1.80 | $-110.41 | $-97.16 | $-66.51 | $-106.09 | $-6.54 | $-43.36 | $-119.93 | $-139.18 | $-161.00 | $-130.00 | $-128.60 | $-137.60 | $-133.80 | $-145.33 | $-109.67 | $-156.50 | $-134.00 |
| Low Forecast | $0.34 | $0.04 | $0.31 | $-0.89 | $-0.81 | $-1.56 | $-2.52 | $-2.77 | $-2.86 | $-6.46 | $-110.41 | $-97.16 | $-178.28 | $-106.09 | $-6.54 | $-43.36 | $-119.93 | $-139.18 | $-161.00 | $-130.00 | $-128.60 | $-137.60 | $-133.80 | $-145.33 | $-109.67 | $-156.50 | $-134.00 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.01% | 0.02% | 0.01% | 0.01% | 0.01% | - | 0.01% | 0.01% | - | - | 0.02% | 0.02% |
According to 2 Wall Street analysts, Maxeon Solar's projected average Quarter EPS for Jun 23 is $-6.54, with a low estimate of $-6.54 and a high estimate of $-6.54. This represents a -1434.28% decrease compared to MAXN previous annual EPS of $0.49 (Mar 23).
Maxeon Solar Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPWR | SunPower | $0.12 | $17.50 | 14483.33% | Hold |
| SEDG | SolarEdge | $13.68 | $172.60 | 1161.70% | Hold |
| NOVA | Sunnova Energy | $3.49 | $21.09 | 504.30% | Buy |
| RUN | Sunrun | $10.23 | $33.99 | 232.26% | Buy |
| CSIQ | Canadian Solar | $12.58 | $19.50 | 55.01% | Sell |
| FSLR | First Solar | $193.83 | $239.46 | 23.54% | Buy |
| JKS | JinkoSolar | $22.66 | $23.80 | 5.03% | Sell |
| MAXN | Maxeon Solar | $11.37 | $3.75 | -67.02% | Hold |
MAXN Forecast FAQ
Is Maxeon Solar a good buy?
No, according to 5 Wall Street analysts, Maxeon Solar (MAXN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of MAXN's total ratings.
What is MAXN's price target?
Maxeon Solar (MAXN) average price target is $3.75 with a range of $1 to $8, implying a -67.02% from its last price of $11.37. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Maxeon Solar stock go up soon?
According to Wall Street analysts' prediction for MAXN stock, the company can go down by -67.02% (from the last price of $11.37 to the average price target of $3.75), down by -29.64% based on the highest stock price target, and down by -91.20% based on the lowest stock price target.
Can Maxeon Solar stock reach $20?
MAXN's average twelve months analyst stock price target of $3.75 does not support the claim that Maxeon Solar can reach $20 in the near future.
What are Maxeon Solar's analysts' financial forecasts?
Maxeon Solar's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $804.41M (high $804.41M, low $804.41M), average EBITDA is $-78.865M (high $-78.865M, low $-78.865M), average net income is $-5.113B (high $-5.113B, low $-5.113B), average SG&A $80.68M (high $80.68M, low $80.68M), and average EPS is $-7.65 (high $-7.65, low $-7.65). MAXN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.25B (high $1.25B, low $1.25B), average EBITDA is $-122M (high $-122M, low $-122M), average net income is $-138M (high $-138M, low $-138M), average SG&A $124.94M (high $124.94M, low $124.94M), and average EPS is $-0.207 (high $-0.207, low $-0.207).
Did the MAXN's actual financial results beat the analysts' financial forecasts?
Based on Maxeon Solar's last annual report (Dec 2022), the company's revenue was $1.06B, beating the average analysts forecast of $1.03B by 3.08%. Apple's EBITDA was $-140M, beating the average prediction of $-101M by 38.59%. The company's net income was $-258M, missing the average estimation of $-368B by -99.93%. Apple's SG&A was $100.55M, missing the average forecast of $103.15M by -2.52%. Lastly, the company's EPS was $-6.31, missing the average prediction of $-550 by -98.85%. In terms of the last quarterly report (Mar 2023), Maxeon Solar's revenue was $318.33M, missing the average analysts' forecast of $328.17M by -3.00%. The company's EBITDA was $50.42M, missing the average prediction of $-32.174M by -256.69%. Maxeon Solar's net income was $20.27M, missing the average estimation of $-28.983B by -100.07%. The company's SG&A was $31.03M, missing the average forecast of $32.91M by -5.73%. Lastly, the company's EPS was $0.49, missing the average prediction of $-43.359 by -101.13%