Maxeon Solar Technologies Ltd (NASDAQ:MAXN) has a beta value of 1.63 and has seen 3.09 million shares traded in the last trading session. The company, currently valued at $110.31M, closed the last trade at $2.09 per share which meant it gained $0.31 on the day or 17.42% during that session. The MAXN stock price is -1761.72% off its 52-week high price of $38.91 and 18.18% above the 52-week low of $1.71. The 3-month trading volume is 2.30 million shares.

Maxeon Solar Technologies Ltd (NASDAQ:MAXN) trade information

Sporting 17.42% in the green in last session, the stock has traded in the green over the last five days, when the MAXN stock price touched $2.09 or saw a rise of 4.57%. Year-to-date, Maxeon Solar Technologies Ltd shares have moved -70.85%, while the 5-day performance has seen it change 14.84%. Over the past 30 days, the shares of Maxeon Solar Technologies Ltd (NASDAQ:MAXN) have changed -36.09%.

Maxeon Solar Technologies Ltd (MAXN) estimates and forecasts

The company’s shares have lost -68.76% over the past 6 months, compared to -11.00% for the industry. Revenue growth from the last financial year stood is estimated to be 5.90%.

5 analysts offering their estimates for the company have set an average revenue estimate of $229 million for the current quarter. 4 have an estimated revenue figure of $193.9 million for the next quarter concluding in Mar 2024. Year-ago sales stood $323.5 million and $318.33 million respectively for this quarter and the next, and analysts expect sales will shrink by -29.20% for the current quarter and -39.10% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 28.81% over the past 5 years.

MAXN Dividends

Maxeon Solar Technologies Ltd is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.