Maxeon Solar Technologies

Maxeon Solar Technologies Ltd. engages in the manufacturer and marketer of premium solar power technology. Its products include Maxeon Line of IBC solar cells and panels, and the Performance Line of shingled solar cells and panels. The firm owns and operates solar cell and panel manufacturing facilities located in France, Malaysia, Mexico and the Philippines, as well as participate in a joint venture in China with TZS. The company was founded in 2019 and is headquartered in Singapore.

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Maxeon Solar Technologies excels in Q4, eyes growth opportunities

Maxeon Solar Technologies delivered strong financial performance in Q4 2022, with a focus on margin improvement and revenue growth. The company's strategic initiatives in distributed generation and utility-scale segments are driving market share gains and ASP increases. Challenges include navigating regulatory changes and potential impacts of domestic content requirements.

Maxeon Solar Technologies surpasses Q1 projections, eyes US expansion

Maxeon Solar Technologies had a strong Q1, exceeding financial projections and maintaining margins in key markets. While facing challenges in the US DG market, the company is focused on growth opportunities and technology leadership to drive future success.

Maxeon Solar reports robust Q2 growth, eyes expansion opportunities

Maxeon Solar Technologies showcased strong financial performance with revenue growth and adjusted EBITDA in Q2, despite market challenges.
The company's strategic strengths lie in its U.S. utility-scale sector exposure, premium market focus, and commitment to high-efficiency technology.
While facing challenges such as demand fluctuations and disputes, Maxeon Solar Technologies is poised for growth through market opportunities and technological advancements.
With updated revenue guidance and expansion plans, the company aims to capitalize on opportunities for increased shipments, margins, and market presence.

Maxeon Solar Technologies faces mixed Q3 results but eyes growth opportunities

Maxeon Solar Technologies navigated a challenging quarter with contrasting performance in key markets. Strategic settlements and joint ventures have positioned the company for growth, with a focus on improving margins and profitability in the medium term. Opportunities exist in new product introductions, cost reductions, and strategic partnerships to drive future success.

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Maxeon Solar Technologies, Ltd. (MAXN) delivered earnings and revenue surprises of -1.40% and 4.54%, respectively, for the quarter ended March 2022.

Maxeon Solar Technologies, Ltd. (MAXN) Reports Q1 Loss, Tops Revenue Estimates

--Record European DG Volume with new Beyond the Panel launches-- --First US Utility-Scale shipments delivered successfully-- SINGAPORE , May 26, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial results for the first quarter ended April 3, 2022.

Maxeon Solar Technologies Announces First Quarter 2022 Financial Results

SINGAPORE , May 26, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced an agreement with CED Greentech to significantly expand Maxeon's differentiated channel program to residential installers in the United States.

Maxeon Solar Technologies Expands Residential Channel Program in the United States

SINGAPORE , May 19, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that Philippe Costemale will be joining the company in August to serve as its new Chief Operating Officer (COO).

Maxeon Solar Technologies Announces Philippe Costemale as New Chief Operating Officer

SINGAPORE , May 13, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced it will release its first quarter 2022 financial results on May 26, 2022.

Maxeon Solar Technologies to Release First Quarter 2022 Financial Results on May 26, 2022

Maxeon Solar Technologies, Ltd. (MAXN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Analysts Estimate Maxeon Solar Technologies, Ltd. (MAXN) to Report a Decline in Earnings: What to Look Out for

SINGAPORE , May 12, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, and AlphaESS, one of the world's leading energy storage solution and service providers, today announced they have entered into a global strategic partnership to develop integrated clean energy solutions for residential customers.

AlphaESS and Maxeon Solar Technologies Announce Strategic Partnership for Cutting-Edge Integrated Solution to Optimise Solar and Storage

A New Flexible and Open Solution Introducing Actionable Home Energy Insights and Battery Storage to Help Homeowners Optimize Their Clean Energy Investment SINGAPORE , May 5, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today unveiled the SunPower One integrated home energy solution, which will be based on a flexible ecosystem of products and services, including Maxeon's market-leading solar panels, as well as battery storage and actionable household energy insights.

Maxeon Solar Technologies Unveils SunPower One, a Complete Home Energy Management Experience

Exclusive Software Streamlines Installer Workflow and Accelerates Business Growth SINGAPORE , April 25, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, announced today a partnership with leading software provider, OpenSolar, to provide its trusted installer network with Maxeon's SunPower Design, an exclusive software tool with unmatched design accuracy and speed.

Maxeon Solar Technologies Teams Up with OpenSolar to Provide Advanced Design and Proposal Tool to Installers

Canadian Solar

SINGAPORE , April 20, 2022  /PRNewswire/ -- Maxeon Solar Technologies, Ltd. ("Maxeon") (NASDAQ:MAXN) and Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) announced today that the companies have reached a settlement agreement resolving a patent infringement lawsuit in Tokyo District Court, Japan.

Maxeon Solar Technologies and Canadian Solar Announce Settlement Agreement Resolving Patent Infringement Lawsuit

SINGAPORE, April 12, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the appointment of Donald Colvin to succeed Kevin Kennedy as its new chairman of the board of directors ("Board"), effective immediately.

Maxeon Solar Technologies Announces Appointment of New Chairman of the Board

Maxeon Solar Technologies Ltd (NASDAQ: MAXN) shares are trading lower by 7.6% to $12.66 after the company reported worse-than-expected fourth-quarter EPS and sales results. The company also issued first-quarter sales guidance below analyst estimates.

Here's Why Maxeon Solar Technologies Shares Are Falling

Maxeon Solar Technologies, Ltd. (MAXN) CEO Jeff Waters on Q4 2021 Results - Earnings Call Transcript

Maxeon Solar Technologies, Ltd. (MAXN) delivered earnings and revenue surprises of -39.23% and 0.66%, respectively, for the quarter ended December 2021.

Maxeon Solar Technologies, Ltd. (MAXN) Reports Q4 Loss, Lags Revenue Estimates

--Maxeon 6 and Performance Line Fabs in Mass Production-- --Over 700 Megawatts of New Utility-Scale Bookings for U.S. Customers-- SINGAPORE , March 24, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial results for its fourth quarter and fiscal year ended January 2, 2022.

Maxeon Solar Technologies Announces Fourth Quarter and Fiscal Year 2021 Financial Results

SINGAPORE, March 18, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced it will release its fourth quarter and fiscal year 2021 financial results on March 24, 2022.

Maxeon Solar Technologies to Release Fourth Quarter and Fiscal Year 2021 Financial Results on March 24, 2022

Maxeon to supply bifacial Performance line modules for U.S. projects SINGAPORE, March 17, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that it will supply approximately 400 megawatts (MW) of its high efficiency shingled bifacial Performance line solar modules to one of America's top ten solar and energy storage developers, Origis Energy, for use in Origis' U.S. utility-scale projects.

Origis Energy, Maxeon Solar Technologies Announce 400MW Module Supply Agreement

SINGAPORE, March 15, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that leading solar company Cypress Creek Renewables ("CCR") placed a multi-year order for approximately 315 megawatts (MW) of Maxeon's high-efficiency shingled bifacial Performance line solar modules.

Maxeon Solar Technologies Signs Agreements to supply over 300MW of Performance Line Solar Panels to Cypress Creek Renewables

SINGAPORE, March 11, 2022 /PRNewswire/ -- Ayana Renewable Power and Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the completion and commercial operation of the 192-megawatt (MW) Bikaner 1 Solar Farm, a utility-scale power plant in the state of Rajasthan, India.

Ayana Renewable Power and Maxeon Solar Technologies Announce Completion of the 192MWp Indian Bikaner 1 Project

SINGAPORE, Feb. 16, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced a new supply agreement with SunPower Corporation governing the supply of Interdigitated Back Contact (IBC) solar panels from Maxeon to SunPower for use in SunPower's residential channels in the U.S. and Canada.

Maxeon Solar Technologies Announces a New Supply Agreement with SunPower Corporation for High Efficiency IBC Panels

Shares of MAXN have faced extreme volatility against weak financial trends and overall poor sentiment towards the solar energy sector. The company is expected to significantly ramp up manufacturing this year with its next-generation solar panels that have key technological advances.

Is Maxeon Stock A Buy, Sell, Or Hold In 2022?

SINGAPORE, Feb. 3, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced the launch of the solar industry's longest and most comprehensive combined warranty on its Maxeon Interdigitated Back Contact (IBC) product line, which is sold in most countries outside the US and Canada under the SunPower Maxeon brand.

Maxeon Solar Technologies Extends the Product, Power and Service Warranty on its Flagship Product Line to 40 Years

SINGAPORE, Jan. 31, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, announced today an expanded sales initiative in the U.S. Commercial and Industrial (C&I) solar market.

Maxeon Solar Technologies Expands Direct Panel Sales into the U.S. C&I Market Via Collaboration with Omnidian

While much of Maxeon Solar Technologies Ltd.'s (NASDAQ:MAXN) recent stock performance has been driven by its proposed U.S. cell and module manufacturing facility and the sentiment around the U.S government's Build Back Better (BBB) program, the company's underlying business is “slated for a turnaround” by year-end 2022, according to BofA Securities.

Why This BofA Analyst Takes A Shine On Maxeon Solar

Losses continue to pile up for this solar manufacturer.

News for Maxeon Solar Technologies Stock (MAXN)