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Maxeon Solar Technologies Ltd MAXN stock prediction is lower by -67.74% over the last twelve month, and the ordinary ranking from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, offers MAXN equip a rating of 30 out of a feasible 100.

That rank is largely influenced by a short-term technological score of 1. MAXN’s rank likewise includes a lasting technological score of 37. The fundamental rating for MAXN is 50. Along with the ordinary rating from Wall Street analysts, MAXN stock has a mean target cost of $18.13. This indicates experts anticipate the stock to boost 67.51% over the following year.

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

Maxeon Solar Technologies Indicators Arrangements to supply over 300MW of Efficiency Line Solar Panels to Cypress Creek Renewables

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation as well as channels, today revealed that leading solar firm Cypress Creek Renewables (” CCR”) put a multi-year order for approximately 315 megawatts (MW) of Maxeon’s high-efficiency shingled bifacial Performance line solar modules.

Maxeon Solar Technologies Logo (PRNewsfoto/Maxeon Solar Technologies).
Maxeon Solar Technologies Logo (PRNewsfoto/Maxeon Solar Technologies).
CCR has actually agreed to obtain as much as 315MW of Performance line modules to power multiple solar jobs in both Washington as well as Texas. This brand-new order complies with an earlier acquisition by CCR of 48MW of Maxeon’s Efficiency line components.

Sarah Slusser, Chief Executive Officer at Cypress Creek commented, “Cypress Creek Renewables is thrilled to be working with Maxeon Solar Technologies to meet this goal as we move on with more growth opportunities. Having a solid component partner right now with a strong manufacturing visibility gives our company with the convenience required to transform our emphasis to a smooth task execution approach.”.

” Our team believe that the U.S. solar market is poised for continued strong growth,” claimed Jeff Waters, Chief Executive Officer at Maxeon Solar Technologies. “This deal verifies Maxeon’s strong position as a major component supplier into the large and also expanding U.S. utility scale market. We are pleased to be additional reinforcing our partnership with key tactical companions like Cypress Creek Renewables as well as we anticipate proceeding assistance power their development in the United States.”.

CCR’s power plant tasks will certainly be provided from Maxeon’s recently increased Performance line component capacity created to offer the U.S. solar power plant market with advanced high-efficiency bifacial items that maximize customer levelized price of energy (LCOE).

Regarding Maxeon Solar Technologies.
Maxeon Solar Technologies (NASDAQ: MAXN) is Powering Positive Modification ™. Headquartered in Singapore, Maxeon layouts and produces Maxeon ® and also SunPower ® brand name photovoltaic panels, as well as has sales operations in more than 100 nations, running under the SunPower brand name in certain nations outside the United States. The business is a leader in solar development with access to over 1,000 patents and 2 best-in-class photovoltaic panel line of product. Maxeon products extend the global roof and solar power plant markets through a network of more than 1,400 trusted partners and also distributors.

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