tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Maxeon Solar Technologies Appoints New Chairman

Story Highlights
Maxeon Solar Technologies Appoints New Chairman

Elevate Your Investing Strategy:

Maxeon Solar Technologies ( (MAXN) ) has provided an update.

On July 7, 2025, Maxeon Solar Technologies announced the appointment of Mr. Cheng WANG, also known as Kevin WANG, as the new Chairman of the Board. He succeeds Mr. Donald Colvin, who will remain on the Board and continue as Chair of the Audit Committee. This leadership change is part of Maxeon’s ongoing strategic initiatives, as Mr. Wang will also maintain his roles in several key committees, potentially strengthening the company’s governance and strategic direction.

The most recent analyst rating on (MAXN) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Maxeon Solar Technologies stock, see the MAXN Stock Forecast page.

Spark’s Take on MAXN Stock

According to Spark, TipRanks’ AI Analyst, MAXN is a Neutral.

Maxeon Solar Technologies faces significant financial challenges with declining revenues, negative profitability, and poor balance sheet health, heavily impacting its overall score. While there is some short-term technical momentum, it is overshadowed by long-term negative trends. The valuation metrics are also unfavorable due to negative earnings. The absence of dividends further diminishes the stock’s appeal.

To see Spark’s full report on MAXN stock, click here.

More about Maxeon Solar Technologies

Maxeon Solar Technologies, Ltd. operates in the solar technology industry, focusing on the production and distribution of solar panels and related technologies. The company is publicly traded on NASDAQ under the ticker MAXN and is headquartered in Singapore.

Average Trading Volume: 182,809

Technical Sentiment Signal: Sell

Current Market Cap: $71.47M

See more insights into MAXN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1