An update from Maxeon Solar Technologies ( (MAXN) ) is now available.
On April 4, 2025, Maxeon Solar Technologies announced a strategic business update, highlighting its focus on the U.S. solar market following the sale of non-U.S. assets, which added $94 million to its balance sheet. The company is addressing challenges with U.S. Customs & Border Protection regarding detained shipments, asserting compliance with the Uyghur Forced Labor Prevention Act, and is considering legal action to contest CBP’s decision. Maxeon is also advancing its U.S. manufacturing capabilities, particularly with its Albuquerque facility, to enhance its supply chain resilience and meet the growing demand in the U.S. market.
More about Maxeon Solar Technologies
Maxeon Solar Technologies, headquartered in Singapore, is a leader in solar innovation, designing and producing solar panels and energy solutions for residential, commercial, and power plant customers. With over 40 years of experience and more than 2,000 patents, the company focuses on sustainable and innovative solar technologies.
YTD Price Performance: -66.67%
Average Trading Volume: 261,658
Technical Sentiment Signal: Strong Buy
Current Market Cap: $43.27M
For an in-depth examination of MAXN stock, go to TipRanks’ Stock Analysis page.