The price of MAXN is predicted to go up -3.95%, based on the high correlation periods with CURI. The similarity of these two price pattern on the periods is 95.97%.
MAXN
CURI
Down: -3.95%Similarity: 95.97%
MAXN Revenue Forecast
MAXN EPS Forecast
MAXN FAQs
What is bull’s view on MAXN?
Maxeon Solar Technologies (MAXN) has bullish potential due to its recent settlement with Tongwei Solar, which resolves patent disputes and opens cross-licensing opportunities, boosting investor confidence. The stock rose 3.21% to $8.36 following the announcement, signaling positive sentiment. If the company capitalizes on this agreement and improves financial performance, the stock could target $10 in the near term.
What is bear's view on MAXN?
MAXN stock is bearish with a price target of $4, as per Morgan Stanley's downgrade to "Sell" on November 15, 2024. The downgrade reflects concerns over weak financial performance and limited growth prospects. Additionally, mixed institutional sentiment and recent lobbying expenses indicate uncertainty in the stock's outlook.
What is MAXN revenue forecast for next quarter?
The market consensus for MAXN's revenue in the upcoming quarter is projected to be approximately $165.8M USD.