How to Buy Maxeon Solar Technologies Stock
Maxeon Solar Technologies Ltd
Maxeon Solar Technologies, Ltd. designs, manufactures, markets, and sells solar panels and related solar system components worldwide.
Maxeon Solar Technologies stock last closed at $1.95, down 2.5% from the previous day, and has decreased 92.76% in one year. It has underperformed other stocks in the Solar industry by 0.45 percentage points. Maxeon Solar Technologies stock is currently +14.04% from its 52-week low of $1.71, and -94.99% from its 52-week high of $38.91.
At the moment, there are 52.78M shares of MAXN outstanding. The market capitalization of MAXN is $102.92M. In the last 24 hours, 1.66M MAXN shares were traded.
How to Buy Maxeon Solar Technologies Stock
Wondering how to invest in Maxeon Solar Technologies stock? Here's how.
- Figure out where to buy Maxeon Solar Technologies stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Maxeon Solar Technologies stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your payment method and add your info.
- Analyze Maxeon Solar Technologies stock: The Maxeon Solar Technologies ticker symbol is MAXN. Is Maxeon Solar Technologies stock a good investment? Should you buy shares of MAXN? How do MAXN's underlying business fundamentals look? Do top analysts think Maxeon Solar Technologies is a good buy? Why has MAXN's stock price moved recently? (Hint: Our stock market research tools can help you understand if MAXN is a good stock to buy).
- Make your MAXN buy order: Decide if you will purchase MAXN shares at the current market price or use a limit order to buy MAXN stock at a given price.
- Get notifications regarding your investment in MAXN: Create a watchlist to monitor your position in Maxeon Solar Technologies stock.
Step 1: Figure out where to buy Maxeon Solar Technologies stock
You will need a brokerage account in order to access the NASDAQ market and buy MAXN shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you can invest in MAXN stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new brokerage account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on the highest rated stock app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring money into your new brokerage account.
Step 4: Analyze Maxeon Solar Technologies stock
After you have identified the best place to buy Maxeon Solar Technologies stock, it's critical to analyze their stock prior to investing, so you truly understand the risk and upside.
Maxeon Solar Technologies Metrics
Fundamentals of Maxeon Solar Technologies
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on MAXN's stock page.
Is MAXN stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MAXN's true value.
Using relative valuations measures:
- MAXN could be undervalued based on its P/B ratio of 0.61x, relative to Solar industry P/B ratio of 2.46x
You can access additional valuation research on MAXN's stock here.
Is MAXN a healthy company?
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the MAXN balance sheet.
- MAXN profit margin has gone up from -27.7% to -13.6% in the past year.
- There are more short-term assets than short-term liabilities on the MAXN balance sheet.
- MAXN has cash burn of 201250000. It has enough cash and short-term investments to cover this for at least one year.
Negative Financial Indicators:
- MAXN has a relatively high debt to equity ratio of 6.63.
- MAXN has $268.10M in cash and short term investments. This is not sufficient to cover its annual cash burn of $201.25M.
Do Wall Street analysts think it's a good time to buy Maxeon Solar Technologies stock
Out of 7 Equities analysts who give ratings on MAXN, the consensus analyst rating on Maxeon Solar Technologies is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent MAXN Analyst Upgrades/Downgrades
David Nierengarten, a top 4% analyst from Morgan Stanley maintains MAXN with a hold rating and lowers their MAXN price target from $14.00 to $5.00, on Dec 8, 2023.
Donovan Schafer, a bottom 2% analyst from Northland Securities downgrades MAXN to a hold rating and lowers their MAXN price target from $25.00 to $7.00, on Nov 16, 2023.
You can dive deeper into what analysts are projecting on the Maxeon Solar Technologies stock forecast page.
MAXN Technical Indicators
Is MAXN Growing Revenue?
Last year, MAXN revenue was $1.22B. In the last 3 year, MAXN's revenue has grown by 63.73% per year. This was faster than the Solar industry average of 24.2%.
You can research MAXN's earnings and revenue performance here.
Latest Insiders Trades at MAXN
Over the last 12 months, executives and large shareholders at MAXN have not bought or sold any shares.
Learn more about who owns MAXN stock here.
Can I rely on MAXN as an income stream?
No, Maxeon Solar Technologies doesn't provide an income stream by paying out dividends.
MAXN Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your MAXN buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Click the Open button and your broker will place your order.
If you need additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in MAXN
Now that you own some shares in MAXN, you'll want to keep up with your shares.
Add MAXN to a watchlist to get alerted to the latest events about your MAXN stock.
MAXN Feed
How to Buy Stock in Maxeon Solar Technologies
To reiterate, here are the 6 steps you need to take to buy Maxeon Solar Technologies stock right now:
- Figure out where to buy Maxeon Solar Technologies stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Maxeon Solar Technologies stock
- Make your MAXN buy order
- Get notifications regarding your investment in MAXN
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Maxeon Solar Technologies, hit the button below to create your watchlist.
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