Analysts who follow Maxeon Solar Technologies Ltd (MAXN) on average expect it to gain 6.03% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns the stock an Analyst Ranking of 32, which means it ranks higher than 32 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating MAXN a Buy today. Find out what this means to you and get the rest of the rankings on MAXN!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Maxeon Solar Technologies Ltd Stock Today?
Maxeon Solar Technologies Ltd (MAXN) stock is higher by 7.99% while the S&P 500 has fallen -0.45% as of 12:38 PM on Tuesday, Sep 27. MAXN is up $1.73 from the previous closing price of $21.66 on volume of 454,456 shares. Over the past year the S&P 500 is down -18.11% while MAXN is up 23.30%. MAXN lost -$7.04 per share the over the last 12 months.
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