Maxeon Solar Technologies (MAXN) AI Stock Analysis

• Market Cap: $60.66M
• Dividend Yield: N/A
• Average Volume (3M): 178.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.74
• Revenue Growth: -54.68%
• EPS Growth: 63.56%
• Country: US
• Employees: 1,591
• Sector: Technology
• Sector Strength: 90
• Industry: Solar
• EPS (TTM): N/A
• Shares Outstanding: 16,896,729
• 10 Day Avg. Volume: 190,160
• 30 Day Avg. Volume: 178,371
• PEG Ratio: N/A
• Price to Book (P/B): -0.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.18
• Enterprise Value/Market Cap: 5.57
• Enterprise Value/Revenue: 0.11
• Enterprise Value/Gross Profit: -1.36
• Enterprise Value/Ebitda: -0.21
• 1Y Price Target: $3.00
• Price Target Upside: -16.43% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: $3.00 ▼(-16.43%Downside)

Maxeon Solar Technologies scores low primarily due to severe financial performance challenges, including declining revenue, negative profitability, and weak balance sheet. While technical analysis suggests some short-term stability, long-term indicators reflect a downtrend. Valuation is unattractive with a negative P/E ratio and no dividend yield.

Maxeon Solar Technologies Business Overview & Revenue Model

Company Description

Maxeon Solar Technologies (MAXN) is a leading global solar technology company specializing in the research, development, and manufacturing of advanced solar panels and energy solutions. The company primarily operates in the renewable energy sector, providing high-efficiency solar panels under the SunPower brand to residential, commercial, and industrial customers worldwide. Maxeon Solar Technologies is renowned for its innovation in solar technology, offering products that are known for their durability, efficiency, and aesthetic appeal.

How the Company Makes Money

Maxeon Solar Technologies generates revenue primarily through the sale of its solar panels and systems. The company's key revenue streams include the manufacture and distribution of high-efficiency solar panels to residential, commercial, and utility-scale customers. Maxeon also engages in strategic partnerships and supply agreements with key players in the solar industry to expand its market reach and optimize its manufacturing processes. Additionally, the company invests in research and development to enhance its product offerings and maintain a competitive edge in the rapidly evolving solar technology market.

Maxeon Solar Technologies Financial Statement Overview

Summary

Maxeon Solar Technologies is facing substantial financial challenges. With a significant decline in revenue, negative gross profit margin, and overall negative profitability metrics, the company struggles with cost inefficiencies and pricing pressures. The balance sheet is weak with negative stockholders' equity and high liabilities, indicating financial instability. Cash flow is also negative, highlighting liquidity challenges and reliance on external funding.

Income Statement

Maxeon Solar Technologies has experienced a significant decline in total revenue over the recent years, with the 2024 revenue nearly halving from 2023. Gross profit margin is negative, indicating cost inefficiencies or pricing pressures. The company has a negative net profit margin, highlighting profitability challenges. EBIT and EBITDA margins are also negative, suggesting operational difficulties. Overall, the income statement reflects a challenging financial environment with declining revenues and negative profitability metrics.

Balance Sheet

The company's balance sheet shows negative stockholders' equity, a concerning indicator of financial health. The debt-to-equity ratio is not calculable due to negative equity, but high total liabilities relative to assets suggest leverage issues. The equity ratio is negative, further highlighting the financial instability. The balance sheet reflects a precarious financial position with high leverage and negative equity.

Cash Flow

Operating cash flow is negative, indicating that the company's core operations are not generating cash. The free cash flow is also negative, showing cash outflows exceeding inflows, with no visible improvement trend. The cash flow metrics highlight liquidity challenges and the need for external financing to sustain operations. While financing cash flow is positive, indicating external funding, reliance on it is not ideal for long-term sustainability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	509.05M	1.12B	1.06B	783.28M	844.84M
Gross Profit	-249.41M	78.11M	-47.95M	-29.01M	-9.78M
EBITDA	-507.79M	-175.21M	-141.33M	-169.00M	-46.50M
Net Income	-614.30M	-275.83M	-258.07M	-239.27M	-137.81M
Balance Sheet
Total Assets	376.27M	1.00B	1.26B	1.06B	980.34M
Cash, Cash Equivalents and Short-Term Investments	28.89M	190.17M	303.44M	166.54M	206.74M
Total Debt	311.49M	437.66M	449.80M	187.27M	198.98M
Total Liabilities	664.64M	997.37M	1.21B	701.67M	541.06M
Stockholders Equity	-293.84M	-1.11M	42.44M	349.46M	432.64M
Cash Flow
Free Cash Flow	-322.31M	-321.89M	-60.04M	-159.54M	-216.85M
Operating Cash Flow	-270.16M	-254.29M	3.44M	-4.87M	-189.16M
Investing Cash Flow	-25.24M	13.93M	-139.30M	-154.45M	-45.49M
Financing Cash Flow	141.23M	167.95M	211.47M	141.81M	320.35M

Maxeon Solar Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.59
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MAXN, the sentiment is Negative. The current price of 3.59 is above the 20-day moving average (MA) of 3.35, above the 50-day MA of 3.26, and below the 200-day MA of 5.35, indicating a neutral trend. The MACD of 0.18 indicates Negative momentum. The RSI at 47.56 is Neutral, neither overbought nor oversold. The STOCH value of 49.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MAXN.

Maxeon Solar Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FSLR	78 Outperform	$17.42B	13.67	16.77%	―	19.42%	23.19%
Sector *	63 Neutral	$33.85B	5.90	-11.67%	1.83%	5.25%	-18.21%
JKS	60 Neutral	$1.22B	118.10	-9.49%	5.24%	-30.26%	-156.69%
RUN	55 Neutral	$2.31B	―	-69.47%	―	-2.08%	-80.64%
CSIQ	53 Neutral	$851.22M	20.05	-0.39%	―	-19.06%	-104.91%
SEDG	53 Neutral	$1.58B	―	-121.50%	―	-57.89%	-559.87%
MAXN	47 Neutral	$60.66M	―	307.38%	―	-54.68%	63.56%