Maxeon Solar Technologies Ltd MAXN stock price is reduced by -67.74% over the last twelve month, as well as the typical rating 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 rank is largely affected by a temporary technical score of 1. MAXN’s ranking likewise includes a long-lasting technological rating of 37. The basic score for MAXN is 50. In addition to the ordinary score from Wall Street experts, MAXN stock has a mean target cost of $18.13. This indicates experts expect the stock to raise 67.51% over the following 12 months.

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

Maxeon Solar Technologies Indicators Contracts to provide over 300MW of Performance Line Solar Panels to Cypress Creek Renewables

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a worldwide leader in solar advancement as well as channels, today introduced that leading solar firm Cypress Creek Renewables (” CCR”) positioned a multi-year order for roughly 315 megawatts (MW) of Maxeon’s high-efficiency shingled bifacial Efficiency line solar modules.

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

Sarah Slusser, Chief Executive Officer at Cypress Creek commented, “Cypress Creek Renewables is delighted to be collaborating with Maxeon Solar Technologies to fulfill this objective as we move on with further growth chances. Having a strong component companion right now with a solid manufacturing presence provides our organization with the comfort required to turn our focus to a smooth job execution technique.”.

” We believe that the united state solar market is positioned for continued solid growth,” said Jeff Waters, Chief Executive Officer at Maxeon Solar Technologies. “This deal validates Maxeon’s solid position as a major module vendor right into the big as well as expanding U.S. energy range market. We delight in to be more enhancing our connection with essential tactical companions like Cypress Creek Renewables and also we look forward to continuing aid power their growth in the USA.”.

CCR’s nuclear power plant jobs will certainly be provided from Maxeon’s just recently expanded Performance line module capacity made to serve the united state solar energy plant market with advanced high-efficiency bifacial items that maximize client levelized expense of energy (LCOE).

Concerning Maxeon Solar Technologies.
Maxeon Solar Technologies (NASDAQ: MAXN) is Powering Favorable Adjustment ™. Headquartered in Singapore, Maxeon styles as well as makes Maxeon ® as well as SunPower ® brand photovoltaic panels, and has sales procedures in more than 100 countries, operating under the SunPower brand name in certain countries outside the United States. The company is a leader in solar innovation with accessibility to over 1,000 patents and two best-in-class solar panel product. Maxeon items extend the global roof and also solar power plant markets via a network of greater than 1,400 relied on companions and distributors.