Maxeon Solar Technologies Ltd MAXN stock prediction is reduced by -67.74% over the last year, as well as the average score from Wall Street analysts is a Buy. InvestorsObserver’s exclusive ranking system, provides MAXN equip a score of 30 out of a feasible 100.

That ranking is primarily influenced by a short-term technological rating of 1. MAXN’s rank also includes a long-lasting technological score of 37. The fundamental rating for MAXN is 50. In addition to the average score from Wall Street experts, MAXN stock has a mean target cost of $18.13. This suggests analysts expect the stock to boost 67.51% over the next twelve month.

What’s Happening with MAXN Stock Today
Maxeon Solar Technologies Ltd (MAXN) stock has fallen -7.04% while the S&P 500 has risen 0.99% since 10:58 get on Wednesday, Mar 2. MAXN is lower by -$ 0.82 from the previous closing cost of $11.64 on volume of 213,028 shares. Over the past year the S&P 500 is higher by 12.36% while MAXN is lower by -67.74%. MAXN lost -$ 4.64 per share in the over the last one year.

Maxeon Solar Technologies Indications Contracts to provide over 300MW of Efficiency Line Solar Panels to Cypress Creek Renewables

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), an international leader in solar advancement and also channels, today announced that leading solar company Cypress Creek Renewables (” CCR”) positioned a multi-year order for roughly 315 megawatts (MW) of Maxeon’s high-efficiency shingled bifacial Performance line solar components.

Maxeon Solar Technologies Logo (PRNewsfoto/Maxeon Solar Technologies).
Maxeon Solar Technologies Logo (PRNewsfoto/Maxeon Solar Technologies).
CCR has actually accepted obtain as much as 315MW of Efficiency line modules to power numerous solar jobs in both Washington and also Texas. This brand-new order follows an earlier purchase by CCR of 48MW of Maxeon’s Performance line components.

Sarah Slusser, Chief Executive Officer at Cypress Creek commented, “Cypress Creek Renewables is thrilled to be collaborating with Maxeon Solar Technologies to accomplish this goal as we progress with further development chances. Having a solid module companion right now with a solid manufacturing presence gives our organization with the comfort required to turn our emphasis to a smooth task execution technique.”.

” We believe that the U.S. solar market is poised for proceeded solid development,” said Jeff Waters, CEO at Maxeon Solar Technologies. “This bargain confirms Maxeon’s strong setting as a significant component vendor into the big and growing united state energy scale market. We are pleased to be additional enhancing our relationship with essential tactical partners like Cypress Creek Renewables as well as we expect proceeding assistance power their development in the United States.”.

CCR’s nuclear power plant projects will be supplied from Maxeon’s lately increased Performance line module capacity made to serve the U.S. solar energy plant market with groundbreaking high-efficiency bifacial items that enhance consumer levelized price of power (LCOE).

Regarding Maxeon Solar Technologies.
Maxeon Solar Technologies (NASDAQ: MAXN) is Powering Favorable Adjustment ™. Headquartered in Singapore, Maxeon layouts as well as manufactures Maxeon ® and SunPower ® brand solar panels, as well as has sales operations in greater than 100 nations, running under the SunPower brand in specific nations outside the United States. The company is a leader in solar technology with accessibility to over 1,000 patents and 2 best-in-class photovoltaic panel line of product. Maxeon products cover the international rooftop and solar energy plant markets through a network of greater than 1,400 relied on companions and also distributors.