Maxeon Solar Technologies Announces Third Quarter 2023 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Deutsche Bank cuts gold outlook as Fed repricing weighs on prices
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Northland Downgrades Maxeon Solar Technologies Ltd. (MAXN) to Market Perform, 'Downgrading on Lower IBC Capacity'
November 16, 2023 7:27 AM ESTNorthland Capital Markets analyst Donovan Schafer downgraded Maxeon Solar Technologies Ltd. (NASDAQ: MAXN) from Outperform to Market Perform with a price target of $7.00 (from $25.00).
The analyst comments "MAXN delivered an inline Q3 and weak Q4 guide. Weakness was driven by restructuring and... More
Maxeon (MAXN) Misses Q3 EPS by $1.37, Offers Guidance
November 15, 2023 4:26 PM ESTMaxeon (NASDAQ: MAXN) reported Q3 EPS of ($2.21), $1.37 worse than the analyst estimate of ($0.84). Revenue for the quarter came in at $228 million versus the consensus estimate of $236.91 million.
GUIDANCE:
Maxeon sees Q4 2023 revenue of $220-260 million, versus the consensus of $273.9... More
