View Financial HealthMaxeon Solar Technologies 配当と自社株買い配当金 基準チェック /06Maxeon Solar Technologies配当金を支払った記録がありません。主要情報n/a配当利回り-372.7%バイバック利回り総株主利回り-372.7%将来の配当利回り0%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesBoard Change • May 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Zhou Bin was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 06Maxeon Solar Technologies, Ltd.(OTCPK:MAXN.Q) dropped from Russell Microcap Value IndexMaxeon Solar Technologies, Ltd.(OTCPK:MAXN.Q) dropped from Russell Microcap Value Indexお知らせ • May 05+ 4 more updatesMaxeon Solar Technologies, Ltd.(OTCPK:MAXN.Q) dropped from Russell Microcap Value Benchmark IndexMaxeon Solar Technologies, Ltd.(OTCPK:MAXN.Q) dropped from Russell Microcap Value Benchmark Indexお知らせ • May 02Maxeon Solar Technologies, Ltd.(OTCPK:MAXN.Q) dropped from NASDAQ Composite IndexMaxeon Solar Technologies, Ltd. has been removed from NASDAQ Composite Index .お知らせ • Oct 01Maxeon Solar Technologies, Ltd. Announces Board and Committee ChangesOn September 30, 2025, the Board of Directors of Maxeon Solar Technologies, Ltd. appointed Mr. Bin Zhou to serve as a non-executive director of the Company. Mr. Zhou is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (‘TZE’), the Company’s controlling shareholder, pursuant to the Shareholders Agreement dated August 26, 2020, as amended and supplemented on June 20, 2024. Mr. Zhou replaces Mr. Wang Yanjun, whose resignation as a director was effective September 30, 2025. Following the resignation of Mr. Wang Yanjun, Mr. Zhou has also been appointed as a member of the Company’s Compensation Committee and Strategy & Transformation Committee. Mr. Zhou is a seasoned financial and management executive with over 17 years of experience leading strategic growth initiatives for multinational corporations. Since June 2023, he has served as Head of Strategy and Investment at TZE, with responsibility for TZE’s overall corporate development, mergers & acquisitions, and market intelligence. Prior to joining TZE, he played a key role in driving expansion into ASEAN countries for leading payment companies such as Tencent, where from October 2021 to May 2023, he was Regional Director, Strategy & Development based in Singapore, and UnionPay International, where between May 2019 and October 2021, he was Regional Business Development Manager based in Singapore. Earlier in his career, Mr. Zhou built a strong track record in capital markets on both the buy-side and sell-side, closing significant transactions as senior investment director for Fosun International (HK listed conglomerates) and J.P. Morgan (Global Investment Bank). His expertise spans financial analysis, strategic planning, M&A execution, and investment strategy. Mr. Zhou holds a Bachelor of Business Administration from the Shanghai University of International Business and Economics and an Executive MBA from the National University of Singapore.お知らせ • Aug 08Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 29, 2025Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 29, 2025.お知らせ • Jul 13Maxeon Solar Technologies, Ltd. Announces Board Changes, Effective July 7, 2025Maxeon Solar Technologies, Ltd. announced that the Board of Directors of the Company approved the appointment of the existing director of the company Mr. Cheng WANG (“Kevin WANG”) as Chairman of the Board, effective July 7, 2025. Mr. Wang succeeds Mr. Donald Colvin, who will continue to serve as a member of the Board and as Chair of the Audit Committee. Mr. Wang will continue in his role as chairman of the Company’s Strategy & Transformation Committee, Compensation Committee, and Nominating & Corporate Governance Committee.お知らせ • Jun 20Maxeon Solar Technologies, Ltd. Announces Executive ChangesMaxeon Solar Technologies, Ltd. announced that Vikas Desai, its Chief Commercial Officer, will leave the Company at the end of June 2025. George Guo, the Chief Executive Officer of the Company, will assume the responsibilities of Chief Commercial Officer in the interim.Board Change • Dec 30Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Chairman Don Colvin is the most experienced director on the board, commencing their role in 2020. Independent Director David Li was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Oct 18+ 1 more updateMaxeon Solar Technologies, Ltd. Announces CEO ChangesMaxeon Solar Technologies, Ltd. announced that William Patrick Mulligan III ('Bill' Mulligan), Chief Executive Officer, will retire at the end of January 2025. George Guo, formerly an advisor to the Chairman of TCL Group and previous CEO of TCL Communication Technology, has assumed the role of Maxeon CEO and joined its Board of Directors effective October 11, 2024. Mulligan will aid the leadership transition through January. Based in Silicon Valley, Guo brings nearly 40 years of experience and an exceptional track record of technology leadership, scaling-up high-volume manufacturing, and driving growth in multiple technology business segments. Guo's career spans corporate strategy, product positioning, go-to-market, supply chain and operations management and includes leadership roles at IBM's Santa Teresa Lab, Chief Technology Officer and head of R&D for Zhaodaola Internet, and several executive roles at TCL Communications, culminating in six years serving as Chief Executive Officer.お知らせ • Oct 04Maxeon Solar Technologies Appoints New Board MembersMaxeon Solar Technologies, Ltd. on October 3, 2024 appointed Wang Yanjun and Wang Cheng to serve as a members of the Board and Wang Cheng as designated chairman of the Company’s Strategy & Transformation Committee. Mr. Wang and Mr. Wang are designees of Zhonghuan Singapore Investment and Development Pte. Ltd. (“TZE”), pursuant to the Shareholders Agreement dated August 26, 2020, as amended and supplemented on June 20, 2024, between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS. Mr. Wang Yanjun is replacing Mr. Shen Haoping and Mr, Wang Cheng is replacing Mr. Li Dongsheng, whose resignations from the Board were effective September 23, 2024. Simultaneously with Mr. Shen and Mr. Li’s resignations and Mr. Wang and Mr. Wang’s appointments, Mr. Wang Cheng has been appointed as replacement for Sean S J Wang as designated Chair of the Company’s Strategy & Transformation Committee. Mr. Wang Yanjun serves as a director designated by TZE on Maxeon’s Board of Directors. He is currently the chief executive officer of TZE, responsible for the overall industrial development and upgrade of the company. He joined TZE in 2006 and has served in several leadership roles including chief engineer and head of the manufacturing department. Mr. Wang was appointed as a vice president of TZE in 2017, and in this role, he was in charge of strategic planning and operational management of the company. Mr. Wang is currently pursuing a Ph.D. degree in electronic information at the Institute of Nanoscience and Nanotechnology, University of Science and Technology of China. Mr. Wang Cheng serves as a director designated by TZE on Maxeon’s Board of Directors. Since 2021, he has been the Chief Operating Officer of TCL Technology Group. He is also the Deputy Chairman of the First High-end Manufacturing Industry Committee of the China Association for Public Companies, Chairperson of the Electronic Information Industry Association of Huizhou, and President of both the Huizhou Enterprises Federation and Entrepreneurs Association. Wang earned a Bachelor's degree in Economics in July 1997. In December 2005, he graduated from the Executive Master of Business Administration (EMBA) program at the University of Texas in Arlington, U.S. After graduating, Wang joined TCL and held various management positions.お知らせ • Sep 21Maxeon Solar Technologies Receives Nasdaq Notification, Proceeds with Approved Reverse Stock SplitMaxeon Solar Technologies, Ltd. announced that on September 17, 2024, it received a Staff Determination letter from the staff of the Listing Qualifications Department (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) because, as of September 16, 2024, the Company's securities had a closing bid price of $0.10 or less for ten consecutive trading days. On September 20, the Company submitted a hearing request through the Nasdaq Listing Center, which will automatically stay any delisting action or filing of the Form 25-NSE pending such hearing in accordance with Nasdaq Listing Rule 5815(a)(1). On August 29, 2024, the shareholders of the Company at the Annual General Meeting of Shareholders approved by ordinary resolution the consolidation of every 100 existing issued ordinary shares (including treasury shares) into one ordinary share of the Company. The Company's board of directors is in the process of taking the necessary actions to implement a reverse stock split which the Company believes will bring the bid price for the Company's ordinary shares above the $1.00 per share minimum bid price requirement as set by Nasdaq Listing Rule 5450(a)(1).Reported Earnings • Sep 04Second quarter 2024 earnings released: EPS: US$0.23 (vs US$0.033 loss in 2Q 2023)Second quarter 2024 results: EPS: US$0.23 (up from US$0.033 loss in 2Q 2023). Revenue: US$184.2m (down 47% from 2Q 2023). Net income: US$11.7m (up US$13.2m from 2Q 2023). Profit margin: 6.3% (up from net loss in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany.お知らせ • Sep 03Maxeon Solar Technologies, Ltd. Announces Board ChangesOn August 30, 2024, Maxeon Solar Technologies, Ltd. closed its previously announced transaction pursuant to a forward purchase agreement entered into on June 14, 2024 by and between the Company and Zhonghuan Singapore Investment and Development Pte. Ltd. (the Investor), relating to the sale by the Company, and the purchase by the Investor, on the terms and subject to the conditions set forth in the Forward Purchase Agreement, of ordinary shares of the Company. The requirement that a sufficient number of members of the board of directors (the "Board") of the Company shall have resigned from the Board (and each committee of the Board, other than the audit committee), such that following the designation of additional members to the Board pursuant to the shareholders agreement, as amended, the members of the Board designated by TZE will represent a majority of the members of the Board. Pursuant to Section 2(b) of the A&R SHA, the Investor has a right to designate two designees to the Board, in addition to the three existing directors who were previously designated by the Investor. Effective August 30, 2024, Mr. Dongsheng Li and Mdm. Changxu Zhang, director-designees of the Investor, were appointed to the Board, to fill existing vacancies on the Board. Following the appointments of Mr. Li and Mdm. Zhang, the Board consists of ten members and has no vacancies. Mr. Li is the founder of TCL. He currently serves as TCL Technology Group Corp.'s chairman, chief executive officer and executive director and chairman of Zhonghuan Singapore Investment and Development Pte. Ltd. He has also held several prestigious positions: Honorary President of the South China University of Technology Education Development Foundation, Vice President of the Alumni Association South China University of Technology, Member of the Council of South China University of Technology and Visiting Professor at Wuhan University. Ms. Zhang is currently a board member and the chief operations officer and chief financial officer of Zhonghuan Singapore Investment and Development Pte. Ltd. Over the past five years she has served in various leadership roles for Zhonghuan Singapore Investment and Development Pte. Ltd., including board member, deputy general manager and finance director. Ms. Zhang has a master's degree of software engineering from Tongji University and a bachelor's degree in business administration from Shanxi University of Finance and Economics.お知らせ • Aug 06Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 29, 2024Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 29, 2024.Board Change • Jul 30Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director David Li was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Jul 03+ 2 more updatesMaxeon Solar Technologies, Ltd.(NasdaqGS:MAXN) dropped from Russell Small Cap Comp Value IndexMaxeon Solar Technologies, Ltd.(NasdaqGS:MAXN) dropped from Russell Small Cap Comp Value Indexお知らせ • Jun 28The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Maxeon Solar Technologies, LtdThe Law Offices of Frank R. Cruz announced that it has filed a class action lawsuit in the United States District Court for the Northern District of California, captioned Wayne v. Maxeon Solar Technologies, Ltd., et al., (Case No. 3:24-cv-03869) on behalf of persons and entities that purchased or otherwise acquired Maxeon Solar Technologies, Ltd. (“Maxeon” or the “Company”) securities between November 15, 2023 and May 29, 2024, inclusive (the “Class Period”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”). Investors are hereby notified that they have until 60 days from this notice to move the Court to serve as lead plaintiff in this action. On May 30, 2024, before the market opened, Maxeon announced financial results for first quarter 2024 in a press release, reporting a 41% year-over-year decline in revenue to $187.5 million. The Company disclosed that it was “facing a serious cash flow challenge” as the result of, in part, the termination of the SunPower supply agreement. The Company revealed that, as a result, it was forced to “negotiate[] commitments for significant liquidity support” which will result in “substantial dilution to existing public shareholders, with TZE [TCL Zhonghuan Renewable Energy Technology Co. Ltd.] ultimately becoming a controlling shareholder.” The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Maxeon relied on the exclusive sales of certain products to SunPower; (2) that, following the termination of the Master Supply Agreement, the Company was unable to “aggressively ramp sales”; (3) that, as a result, revenue substantially declined; (4) that, as a result, the Company suffered a “serious cash flow” crisis; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.お知らせ • Jun 18Maxeon Solar Technologies, Ltd. to Showcase Latest Solar Energy Innovations and New Panel Technologies At Intersolar Europe 2024Maxeon Solar Technologies, Ltd. announced its presence at Intersolar Europe 2024June 19-21, where it will showcase its latest SunPower branded energy solutions and solar panel technologies at Booth A1.350. Maxeon will be exhibiting its residential home energy system, featuring a suite of products and services that empower consumers to manage and optimise their home energy consumption and the use of self-generated clean energy. Products on display include its new Maxeon 7 solar panels pioneering the future of PV technology, Performance 7 solar panels, SunPower Reserve battery storage and SunPower Drive EV charging. Maxeon 7 panels produce 2X more energy over time than other solar panels,1 with over 24% efficiency and superior shade tolerance, and feature a leading 40-year power, product, and service warranty. The Company will also be discussing its recently published field testing demonstrating that Maxeon 7 IBC cells exhibit 70% lower average temperature rise in partial shading compared to competing technologies, eliminating the risk of hotspots. Alongside the Maxeon line, the company will be exhibiting its Performance 7 product, the newest generation of its Performance line of solar panels, with high efficiency TOPCon cell technology offering solar customers improved aesthetics, increased mono or bifacial energy generation, and a lower temperature coefficient for enhanced output in high-temperature environments. This new line of panels also features a robust 30-year power, product, and service warranty. A strong focus at Intersolar will be on SunPower Reserve home energy storage solution and the advanced SunPower Drive EV charger. These products are integrated through a reimagined consumer experience driven by the SunPower One app for homeowners. The SunPower One app goes beyond just monitoring the output of a homeowner's solar panels. It also proactively offers users energy insights that show in detail the devices that are consuming electricity in the home, highlighting opportunities to better utilise PV production, battery capacity, and EV charging scheduling to enhance financial savings. Further Maxeon innovation at the event will include its Maxeon Air flexible solar panels, based on the company's IBC cells. Maxeon Air is a disruptive solar panel technology expected to enable new markets while reducing logistics and installation costs. A frameless, thin, lightweight solar panel, Maxeon Air is ideal for unique installations requiring reduced roof weight loads. At the booth, visitors also have the opportunity to delve into the company's IBC Cell Lab, where they can experience what exceptional real-world performance looks like at the solar cell level, including custom cells for consumer product applications like solar cars and solar watches.お知らせ • Jun 15Maxeon Innovation in IBC Solar Panels Eliminates Hotspot RiskMaxeon Solar Technologies, Ltd. has extended its technology leadership with published results confirming the resilience of its Maxeon Interdigitated Back Contact (IBC) panels against damaging hotspots. Hotspots are concentrated areas of heat energy that predominantly result from shaded or cracked solar cells. In a white paper released, the Company shared the results of its internal research and development (R&D) study on hotspots, featuring Maxeon IBC panels including its new Maxeon 7 line, alongside a series of competing technologies comprising half-cell ribbon-based back contact, half-cell heterojunction (HJT), and half-cell front contact tunnel oxide passivated contact (TOPCon) panels. Maxeon IBC panels provide solar customers with safer, more reliable energy that mitigates the development of extreme hotspots that can irreparably damage standard panels. Maxeon's resiliency against hotspots builds on its long history of delivering the industry's most advanced solar panels, optimizing the balance between product performance and reliability—a critical factor in being the only manufacturer to offer a comprehensive 40-year warranty on its panels. Maxeon's engineering team carried out the competitive assessment at the company's R&D test lab in California, USA. Panels were tested first under full-sun conditions to determine the speed and severity at which hotspots can form as solar cells then become partially shaded—a state of operation that forces cells to begin converting power from surrounding cells into heat energy. Maxeon 7 IBC panels were found to mitigate the long-term degradation risk of panel materials by better minimizing that heat build-up in shaded cells—staying an average of 67 °C (153 °F) cooler than the ribbon-based back contact, HJT and TOPCon technologies tested. Additionally, when subjected to simulated bypass diode failure—the primary defense mechanism of standard solar panels against hotspots—the patented electrical architecture of the Maxeon IBC cell continued to limit heat build-up in the shaded cells. As a result, Maxeon IBC panels were inherently protected from the severe backsheet discoloration, bubbling, and burning that was witnessed in the standard ribbon-based back contact, HJT, and TOPCon panels under the same test conditions. As competitive technologies rapidly spiraled toward complete panel failure, Maxeon 7 IBC panels maintained a stable temperature in the shaded cell, even without the protection of the bypass diode.お知らせ • Jun 08Maxeon Solar Technologies, Ltd. Announces That Kai Strohbecke to Step Down as Chief Financial Officer, Effective End of August 2024Maxeon Solar Technologies, Ltd. announced that Kai Strohbecke will step down as Chief Financial Officer at the end of August 2024. The Company plans to undertake a search process for a new chief financial officer.お知らせ • May 31+ 2 more updatesMaxeon Solar Technologies, Ltd. announced that it expects to receive $25 million in funding from Zhonghuan Singapore Investment and Development Pte. Ltd.Maxeon Solar Technologies, Ltd. announced that it has entered into a convertible notes purchase agreement with returning investor, Zhonghuan Singapore Investment and Development Pte. Ltd. to issue 7.50% Convertible First Lien Senior Secured Notes due 2027 for the gross proceeds of $25,000,000 on May 30, 2024.お知らせ • May 22Maxeon Solar Technologies Announces Nasdaq Notification of Non-Compliance Regarding Delayed Form 20-F FilingMaxeon Solar Technologies, Ltd. announced that on May 17, 2024, it received a notice of non-compliance (the "Notice") from the Nasdaq Global Select Market ("Nasdaq") stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) ("Listing Rule") because the Company did not timely file its annual report for the fiscal year ended December 31, 2023 on Form 20-F (the "Annual Report") with the Securities and Exchange Commission (the "SEC"). The Notice indicated that, consistent with Nasdaq rules for continued listing, the Company has 60 calendar days from the date of the Notice, or until July 16, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules. If Nasdaq accepts the Company's plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the due date of the Annual Report, or November 11, 2024, to regain compliance. If Nasdaq does not accept the plan, the Company will have the opportunity to appeal the decision to a hearings panel under Nasdaq Listing Rule 5815(a). The Notice has no immediate effect on the listing of the Company's ordinary shares on the Nasdaq Capital Market. The Company is working diligently to file the Annual Report before the compliance plan is due on July 16, 2024, or alternatively, will submit to Nasdaq a plan to regain compliance on or before July 16, 2024, as required by the Notice.お知らせ • May 02Maxeon Solar Technologies, Ltd. announced delayed 20-F filingOn 04/30/2024, Maxeon Solar Technologies, Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.お知らせ • May 01+ 1 more updateMaxeon Solar Technologies, Ltd. to Report Q4, 2023 Results on May 15, 2024Maxeon Solar Technologies, Ltd. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on May 15, 2024New Risk • Apr 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.2m (US$96.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$97m net loss in 2 years). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (€90.2m market cap, or US$96.1m).New Risk • Apr 11New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$165m Forecast net loss in 2 years: US$97m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$97m net loss in 2 years). Shareholders have been diluted in the past year (17% increase in shares outstanding).お知らせ • Apr 02Maxeon Solar Technologies, Ltd. Appoints Vikas Desai as Chief Commercial OfficerMaxeon Solar Technologies, Ltd. announced the appointment of Vikas Desai as Chief Commercial Officer, effective immediately. Desai joined Maxeon in October 2023, as part of the Solaria asset acquisition and will now be responsible for the Company's global go-to-market and customer-facing functions. As a member of the executive leadership team, he will report directly to CEO Bill Mulligan. A solar energy and technology executive with over twenty years' experience, Desai has built and scaled multiple global businesses spanning hardware and software for both B2B and B2C. He came to Maxeon with the Company's acquisition of assets from Complete Solaria in October 2023, where he had served as President. Previously, he has held leadership roles at Powerside, Flextronics, SunEdison, SunPower, EchoFirst and other technology companies. Vikas is based at Maxeon's corporate office in San Jose, CA.お知らせ • Jan 05Maxeon Solar Technologies, Ltd. Announces Executive ChangesMark Babcock will step down as Chief Revenue Officer of Maxeon Solar Technologies, Ltd. effective January 10, 2024 and will remain with the Company in a transitional capacity through March 2, 2024. The Company plans to appoint Vikas Desai, Senior Vice President, Sales Americas, as interim Chief Revenue Officer whilst it undertakes a search process for a new executive leader for its commercial function.Breakeven Date Change • Dec 31Forecast to breakeven in 2026The 9 analysts covering Maxeon Solar Technologies expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 31% per year to 2025. The company is expected to make a profit of US$67.0m in 2026. Average annual earnings growth of 52% is required to achieve expected profit on schedule.お知らせ • Dec 06Maxeon Solar Technologies, Ltd. Announces Philippe Costemale to Step Down as Chief Operations OfficerMaxeon Solar Technologies, Ltd. will be transitioning its operations to a more customer-centric, product line focused business unit structure organized around its Maxeon product line and Performance product line. As part of this reorganization,?Philippe Costemale, Chief Operations Officer, will immediately step down from his role and will remain with the Company in a transitional capacity through April 30, 2024. The Company does not intend to hire a new Chief Operations Officer, with existing senior management leading each product line and reporting directly to CEO Bill Mulligan.お知らせ • Nov 22Maxeon Solar Technologies, Ltd. Appoints Alban D’Hautefeuille as Member of the Board and Member of Compensation CommitteeMaxeon Solar Technologies, Ltd. announced on November 16, 2023, the Board of Directors of the company appointed Alban d’Hautefeuille to serve as a member of the Board and as a member of the Company’s Compensation Committee. Mr. d’Hautefeuille is a designee of TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS (collectively, “TotalEnergies”), pursuant to the Shareholders Agreement dated August 26, 2020 between the Company, Zhonghuan Singapore Investment and Development Pte. Ltd. and TotalEnergies, and is replacing Gavin Jacques Elie Adda, who resigned from the Board on September 30, 2023. Mr. d’Hautefeuille serves as a director designated by TotalEnergies on Maxeon’s Board of Directors and member of its Compensation Committee. Since 2019, he has been the Director in charge of Asia Pacific within Offshore Line Business Unit of TOTAL Renewables (Singapore). He joined TotalEnergies in 1997 and has since held various finance and business management positions in Africa, Middle East and Asia. Mr. d’Hautefeuille moved in 2013 to the then nascent New Energies unit (which later became REN division within Gas Renewables & Power), successively in charge of solar utility-scale developments in Asia and Middle East until 2017. From 2018 to 2019, he oversaw the launching of distributed solar activities in the Middle East. Mr. d’Hautefeuille received his Bachelor’s Degree from EDHEC Business School (MSc) and Dauphine University of Paris.Breakeven Date Change • Nov 18No longer forecast to breakevenThe 8 analysts covering Maxeon Solar Technologies no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$15.4m in 2025. New consensus forecast suggests the company will make a loss of US$15.1m in 2025.Reported Earnings • Nov 17Third quarter 2023 earnings released: US$2.21 loss per share (vs US$1.09 loss in 3Q 2022)Third quarter 2023 results: US$2.21 loss per share (further deteriorated from US$1.09 loss in 3Q 2022). Revenue: US$227.6m (down 17% from 3Q 2022). Net loss: US$108.3m (loss widened 142% from 3Q 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.お知らせ • Nov 17Maxeon Solar Technologies, Ltd. Provides Revenue Guidance for the Fourth Quarter of 2023 and for Fiscal Year 2023Maxeon Solar Technologies, Ltd. provided revenue guidance For the fourth quarter of 2023 and For fiscal year 2023. For the period, the Company anticipates the revenue $220 million - $260 million.For fiscal year 2023, the Company is revising its annual guidance to reflect the near term softening of residential demand, the recent SunPower settlement and the challenging market conditions which the Company expects to persist through the fourth quarter. Revenue to be within a range of $1,114 million to $1,154 million.お知らせ • Nov 03Maxeon Solar Technologies, Ltd. to Report Q3, 2023 Results on Nov 15, 2023Maxeon Solar Technologies, Ltd. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 15, 2023New Risk • Oct 12New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$102m Forecast net loss in 2 years: US$3.3m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$3.3m net loss in 2 years). Shareholders have been diluted in the past year (18% increase in shares outstanding).お知らせ • Oct 11Maxeon Solar Technologies, Ltd. Provides Earnings Guidance for the Third Quarter 2023Maxeon Solar Technologies, Ltd. provided earnings guidance for the third quarter 2023. For the quarter, the company expects revenues to be in the range of $224 to $229 million, and shipments to be in the range of 622 to 632 megawatts.お知らせ • Oct 07Gavin Jacques Elie Adda Resigns from the Board of Directors of Maxeon Solar Technologies, LtdOn September 30, 2023, Gavin Jacques Elie Adda resigned from the Board of Directors of Maxeon Solar Technologies, Ltd. Mr. Adda had served as the designee of TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS (collectively, “TotalEnergies”) pursuant to the Shareholders Agreement dated August 26, 2020, and he has resigned from employment at TotalEnergies. The appointment of a replacement director designated by TotalEnergies is in process and the seat is expected to be filled shortly.お知らせ • Sep 28Maxeon Solar Technologies, Ltd.'s SunPower One Home Energy Solution Now Available in Europe and AustraliaMaxeon Solar Technologies, Ltd. announced that its SunPower One ecosystem of products and services is now available through authorized dealers and installers in Belgium, France, Italy, Spain, and Australia. To celebrate this milestone, the Company has organized a European tour where installers can receive training and observe hands-on demonstrations as well as acquire the necessary certifications to install SunPower One products. The roadshow kicks off in Antwerp, Belgium, and will continue for two months across Europe, stopping in 13 cities. Following this phase, the company plans to roll-out the SunPower One ecosystem to other countries across Europe in the final quarter of 2023 and to additional markets in 2024. SunPower One is an ecosystem of products that enable consumers to take control of their domestic energy consumption and optimize the use of the clean energy they produce. The suite of products within the ecosystem includes the company's high-efficiency residential solar panels, the new all-in-one SunPower Reserve storage system, the upcoming SunPower Drive EV charging solution and a range of other energy services and integrations. All of these products and services are tied together by a reimagined consumer experience inside the SunPower One app for homeowners. The SunPower One app goes beyond just monitoring the output of a homeowner's solar panels, and proactively offers users energy insights that show in detail the devices that are consuming electricity in the home, highlighting opportunities to better utilize PV production, battery capacity, and EV charging scheduling to enhance financial savings. In June 2023, Maxeon announced a collaboration with Samsung Electronics Co., Ltd. to integrate the SunPower One app into the SmartThings' connected home platform so that homeowners will be able to automatically manage even more devices around the home to optimize their energy consumption. SunPower One will also provide a modern and efficient experience for SunPower installers with one single app to commission all the products and services within the SunPower One ecosystem. This will streamline commissioning times for SunPower Reserve and Drive to benchmarks or better, allowing installers to finish their jobs faster and increase their business velocity. SunPower One also includes a new digital experience to better support the installer sales cycle, including one consolidated account from which to access marketing collateral, product training, and warranty registration.お知らせ • Sep 22+ 1 more updateMaxeon Solar Technologies, Ltd. (NasdaqGS:MAXN) entered into an agreement to acquire Certain Assets of SolarCA LLCMaxeon Solar Technologies, Ltd. (NasdaqGS:MAXN) entered into an agreement to acquire Certain Assets of SolarCA LLC on September 20, 2023. Closing of this transaction is subject to satisfaction of various conditions.Breakeven Date Change • Aug 13Forecast breakeven date pushed back to 2025The 7 analysts covering Maxeon Solar Technologies previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 96% to 2024. The company is expected to make a profit of US$68.3m in 2025. Average annual earnings growth of 131% is required to achieve expected profit on schedule.Reported Earnings • Aug 11Second quarter 2023 earnings released: US$0.033 loss per share (vs US$2.15 loss in 2Q 2022)Second quarter 2023 results: US$0.033 loss per share (improved from US$2.15 loss in 2Q 2022). Revenue: US$348.4m (up 46% from 2Q 2022). Net loss: US$1.51m (loss narrowed 98% from 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany.お知らせ • Aug 05+ 1 more updateMaxeon Solar Technologies, Ltd. to Report Q2, 2023 Results on Aug 10, 2023Maxeon Solar Technologies, Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023お知らせ • Jun 13Maxeon Solar Technologies to Showcase Solar Energy Innovations at Intersolar Europe 2023Maxeon Solar Technologies, Ltd. announced that it will be attending Intersolar Europe 2023, where it will showcase its latest solar panel technologies and new energy solutions at Booth A2.430. The company will also launch a new partnership with electric vehicle charging software company, ev.energy, in which the two organizations will collaborate to help consumers unlock more benefits from their SunPower Drive, Maxeon's electric vehicles (EV) mobility solution. The partnership with ev.energy marks another addition to Maxeon's SunPower One open and flexible suite of products and services, which also includes SunPower Reserve, the company's home energy storage system, Insights service, and SunPower One home energy management solutions, allowing customers to be in control of their energy usage and save money. As an exclusive benefit to SunPower One, customers who purchase SunPower Drive will have access to ev.energy mobility & home energy management services, enabling solar surplus charging, smart tariff charging, smart scheduling, and other intelligent use cases that help drive savings and make the most of their solar-produced energy. Maxeon will also be showcasing its Maxeon line of panels, which provide leading energy density, high energy yield, and superior shade tolerance as well as a 40-year power and product warranty. Alongside the Maxeon line, the company will be revealing its newest generation of Performance line solar panels, with high efficiency TOPCon cell technology offering improved aesthetics, increased mono or bifacial power generation, and a lower temperature coefficient for enhanced power density. Additionally, Maxeon will announce that it has become a member of the European Solar PV Industry Alliance (ESIA) to better support the growth of a resilient solar value chain in the EU. The company is currently taking an active role in three working groups of the ESIA; "Non-pricing criteria": to emphasize the importance of ESG and human rights standards across the supply chain, "Supply chain": to ensure that the EU is capable of producing 30GW at each step of the supply chain by 2025; and "Financing": to fill OPEX and CAPEX gaps across the value chain and provide proposals for financing support and mechanisms and bring the European Solar Manufacturing back.お知らせ • May 19+ 1 more updateMaxeon Solar Technologies, Ltd. has completed a Follow-on Equity Offering in the amount of $209.72 million.Maxeon Solar Technologies, Ltd. has completed a Follow-on Equity Offering in the amount of $209.72 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,490,000 Price\Range: $28Breakeven Date Change • May 14Forecast to breakeven in 2023The 6 analysts covering Maxeon Solar Technologies expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$12.1m in 2023. Earnings growth of 68% is required to achieve expected profit on schedule.お知らせ • May 12Maxeon Solar Technologies, Ltd. Announces Changes to its BoardMaxeon Solar Technologies, Ltd. (the Company) appointed Shen Haoping to serve as a member of the Board and as a member of the Company’s Coordination Committee. Mr. Shen is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (TZE), pursuant to the Shareholders Agreement dated August 26, 2020 between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS, and is replacing Zhang Changxu, whose resignation from the Board was effective immediately upon Mr. Shen’s appointment. Simultaneously with Ms. Zhang’s resignation and Mr. Shen’s appointment, Mr. Sean Wang has been appointed as a member of the Company’s Compensation Committee and removed as a member of the Company’s Coordination Committee. Mr. Shen serves as a director designated by TZE on Maxeon’s Board of Directors and member of its Coordination Committee. He is the Vice Chairman and CEO of TCL Zhonghuan Renewable Energy Technology Co. Ltd., a public company listed at Shenzhen Stock Exchange. Currently Mr. Shen is also a board member and Senior Vice President of TCL Technology Group Corporation. He was awarded the 2015 National Model Worker by the Chinese government and earned the best CEO award by Forbes China in 2022. Mr. Shen has many years of experience in the design and manufacturing of semiconductor and photovoltaic mono silicon materials. He has presided over several national and provincial R&D projects and led TZE to win the industry and government honors such as municipal science and technology progress award, China patent excellence award, national innovation-oriented enterprise and Forbes China potential enterprise. Under Mr. Shen’s leadership, TZE has built a world leading photovoltaic silicon ingot and wafer R&D, manufacturing and sales organization. Previously he also served as General Manager and other leadership positions of Tianjin HuanOu Semiconductor Materials Technology Co., Ltd. Mr. Shen received his Bachelor’s Degree in semiconductor physics from Lanzhou University.Reported Earnings • May 12First quarter 2023 earnings released: EPS: US$0.49 (vs US$1.45 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.49 (up from US$1.45 loss in 1Q 2022). Revenue: US$318.3m (up 43% from 1Q 2022). Net income: US$20.3m (up US$79.4m from 1Q 2022). Profit margin: 6.4% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Semiconductor industry in Germany.お知らせ • May 11Maxeon Solar Technologies, Ltd. Provides Preliminary Unaudited Earnings Guidance for the Second Quarter and Full Year of 2023Maxeon Solar Technologies, Ltd. provided preliminary unaudited earnings guidance for the second quarter and full year of 2023. For the quarter, the company expects revenue to be between $360 million to $400 million. For the full year, the company expects revenue to be between $1,400 million to $1,600 million.Reported Earnings • Mar 08Full year 2022 earnings released: US$6.54 loss per share (vs US$6.80 loss in FY 2021)Full year 2022 results: US$6.54 loss per share. Revenue: US$1.06b (up 35% from FY 2021). Net loss: US$267.4m (loss widened 5.1% from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany.Board Change • Feb 15High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Non Independent Designee Director Erick Chabanne is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Jan 20Maxeon Solar Technologies, Ltd. Appoints Luo Luo Xu to Serve as Member of the Board and as Member of the Nomination and Corporate Governance CommitteeOn January 18, 2023, the Board of Directors (the “Board”) of Maxeon Solar Technologies, Ltd. (the “Company”) appointed Luo Luo Xu to serve as a member of the Board and as a member of the Company’s Nomination and Corporate Governance Committee. Mr. Xu is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (“TZE”), pursuant to the Shareholders Agreement dated August 26, 2020 between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS, and is replacing Yanbing Jiang, whose resignation from the Board was effective immediately upon Mr. Xu’s appointment. Mr. Luo Luo Xu serves as a director designated by TZE on Maxeon’s Board of Directors and member of its Nominating and Corporate Governance Committee. Mr. Xu is the Associate President of TCL Group and prior to this role, has held various management positions within TCL Group since 2012. Mr. Xu also serves as vice-chairman at Tianjin Printronics Circuit Corp., a specialized PCB manufacturer listed on Shenzhen Stock Exchange, and a director at Homa, a leading refrigerator ODM manufacturer listed on Shenzhen Stock Exchange. Prior to these roles, he has served on other boards throughout his career, including as Chairman of Highly, a consumer electronics distributor listed on Beijing Stock Exchange. Previously, Mr. Xu has held various management positions at Foton Motor, a commercial vehicle manufacturer listed on Shanghai Stock Exchange, and AVL, a world’s leading mobility technology provider for development, simulation and testing of powertrain. Mr. Xu holds a Bachelor’s Degree in computer science and Postgraduate Degree in excellence management from University of Warwick.お知らせ • Dec 29+ 1 more updateMaxeon Solar Technologies, Ltd. Appoints Bill Mulligan as Member of Its Board of Directors on January 23, 2023Maxeon Solar Technologies, Ltd. announced Bill Mulligan will join the Company as its Chief Executive Officer and member of its Board of Directors on January 23, 2023. Mulligan is an experienced business leader with a broad background managing teams in the development, commercialization, scale-up and high-volume manufacturing of innovative technologies. Prior to joining Maxeon, Mulligan was Chief Operating Officer at Sila Nanotechnologies, a privately held Silicon Valley company currently scaling up the manufacture of innovative silicon anode material for advanced high-performance batteries. He has previously held positions as CEO of SolarBridge, a microinverter company with technology later sold to Enphase, and Executive Vice President of Global Operations for SunPower Corporation, where he led the development and commercialization of the solar industry's first mass-produced Interdigitated Back Contact (IBC) high efficiency solar cells. Mulligan succeeds former CEO Jeff Waters, and will be based in the Company's San Jose, California office.Buying Opportunity • Dec 29Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 42%. The fair value is estimated to be €19.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 67% in 2 years. Earnings is forecast to grow by 81% in the next 2 years.Board Change • Nov 23High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Non Independent Designee Director Erick Chabanne is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 13Third quarter 2022 earnings released: US$1.09 loss per share (vs US$1.62 loss in 3Q 2021)Third quarter 2022 results: US$1.09 loss per share (improved from US$1.62 loss in 3Q 2021). Revenue: US$275.4m (up 25% from 3Q 2021). Net loss: US$44.7m (loss narrowed 32% from 3Q 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany.お知らせ • Nov 11Maxeon Solar Technologies, Ltd. Provides Revenue Guidance for the Fourth Quarter of 2022Maxeon Solar Technologies, Ltd. provided revenue guidance for the fourth quarter of 2022. The company expects revenue of $290 million - $330 million.お知らせ • Nov 01Maxeon Solar Technologies, Ltd. to Report Q3, 2022 Results on Nov 10, 2022Maxeon Solar Technologies, Ltd. announced that they will report Q3, 2022 results on Nov 10, 2022お知らせ • Oct 20Maxeon Solar Technologies, Ltd Appoints Sean Wang to Serve as Member of the Board and as Member of the Company’s Coordination CommitteeOn October 17, 2022, the Board of Directors of Maxeon Solar Technologies, Ltd. appointed Sean Wang to serve as a member of the Board and as a member of the Company’s Coordination Committee. Sean Wang is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (“TZE”), pursuant to the Shareholders Agreement dated August 26, 2020, between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS, and is replacing Wang Yan, whose resignation from the Board was effective immediately upon Sean Wang’s appointment. Mr. Wang is the Executive President of International Operations for TZE. Prior to his role at TZE, he was Chairman of Shanghai E-Talent Digitech Investment from October 2019 to June 2022. Earlier, Mr. Wang served as the Senior Vice President and Chief Investment Director of ENN Group from March 2018 to September 2019 and has held senior management roles at ENN Energy Holdings Limited. Prior to this, Mr. Wang was a managing partner at Sino-Sin Investment Fund and an Executive Director and Chief Financial Officer at China Rongsheng Heavy Industries Group and has held various other executive leadership roles during his career. Mr. Wang graduated from Hamline University in 1986 with a Bachelor of Economics and from the Carlson School of Management at the University of Minnesota with a Master of Business Administration in 1989.Buying Opportunity • Sep 17Now 22% undervaluedOver the last 90 days, the stock is up 134%. The fair value is estimated to be €32.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year. Earnings per share has declined by 22%. Revenue is forecast to grow by 77% in 2 years. Earnings is forecast to grow by 79% in the next 2 years.お知らせ • Sep 09+ 1 more updateMaxeon Solar Technologies, Ltd. Announces Executive Changes, Effective on September 15, 2022Maxeon Solar Technologies, Ltd. announced that the company's board of directors and Chief Executive Officer (CEO) Jeff Waters have agreed that Waters will step down as CEO effective September 15, 2022, and that Maxeon's Chief Revenue Officer (CRO) Mark Babcock has been appointed interim CEO effective September 15, 2022. CRO Babcock, an industry veteran, will have the support of Waters to ensure a smooth transition through the end of September.Reported Earnings • Aug 20Second quarter 2022 earnings released: US$2.15 loss per share (vs US$1.99 loss in 2Q 2021)Second quarter 2022 results: US$2.15 loss per share (down from US$1.99 loss in 2Q 2021). Revenue: US$238.1m (up 35% from 2Q 2021). Net loss: US$87.9m (loss widened 14% from 2Q 2021). Over the next year, revenue is forecast to grow 48%, compared to a 12% growth forecast for the Semiconductor industry in Germany.お知らせ • Aug 19Maxeon Solar Technologies, Ltd. Provides Revenue Guidance for the Third Quarter of 2022Maxeon Solar Technologies, Ltd. provided revenue guidance for the third quarter of 2022. For the quarter, the company expected revenue to be in the range of $270 - $290 million.お知らせ • Aug 13Maxeon Solar Technologies, Ltd. to Report Q2, 2022 Results on Aug 18, 2022Maxeon Solar Technologies, Ltd. announced that they will report Q2, 2022 results on Aug 18, 2022お知らせ • Aug 12Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 31, 2022Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 31, 2022, at 21:00 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the financial period ended 2 January 2022 and the Auditor's Report thereon; to elect Messr. Kris Sennesael as a Director pursuant to Regulation 94 of the Constitution of the Company; to approve Messr. Kris Sennesael's Directors' annual fees of USD 300,000 to be paid pro rata on a quarterly basis, based on the Company's Outside Director Compensation Policy; to elect Messr. Nikita Taldykin as a Director pursuant to Regulation 94 of the Constitution of the Company; to elect Messr. Gavin Adda as a Director pursuant to Regulation 94 of the Constitution of the Company; to elect Messr. Yanbing Jiang as a Director pursuant to Regulation 94 of the Constitution of the Company; to re-appoint Ernst & Young LLP as the Company's auditors and to authorise the Audit Committee of the Board of Directors to fix their remuneration; and to consider authority to issue shares; and to consider other matters.お知らせ • Jul 28Maxeon Solar Technologies, Ltd Announces Board ChangesOn July 21, 2022, the Board of Directors of Maxeon Solar Technologies, Ltd. appointed Yanbing Jiang to serve as a member of the Board and as a member of the Company’s Nomination and Corporate Governance Committee. Jiang is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd, pursuant to the Shareholders Agreement dated August 26, 2020 between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS, and is replacing Shen Haoping, whose resignation from the Board was effective immediately upon Jiang’s appointment. Yanbing Jiang serves as a director designated by TZE on Maxeon’s Board of Directors and member of its Nominating and Corporate Governance Committee. Jiang is the Chief Strategy Officer of TZE. Prior to his role at TZE, he was a Senior Executive Advisor and Managing Director at PwC Strategy& Germany from January 2019 to early 2022. Earlier, Jiang had served as the Head of Strategy, Market Development, M&A at Infineon Technologies Greater China region from 2014 to 2018 and was concurrently an independent board member in NanoBioImaging International Ltd. from January 2017 to December 2018. Prior to this, Jiang also held various executive level and strategic positions at Huawei Technologies and Royal Philips Electronics. Jiang graduated from Nankai University with a Bachelor of Science/Computer Science and Bachelor of Law, from Katholieke Universiteit Leuven with a Master of Science/Computer Science and Master of Law, and from Duke University with a Master of Business Administration.Breakeven Date Change • Jul 03No longer forecast to breakevenThe 5 analysts covering Maxeon Solar Technologies no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$19.3m in 2024. New consensus forecast suggests the company will make a loss of US$15.1m in 2024.お知らせ • Jun 07Maxeon Solar Technologies Announces Appointment of Kris Sennesael as New Independent Director and Chair of the Audit Committee of the Board and as Member of the Compensation and Coordination CommitteesMaxeon Solar Technologies, Ltd. announced the appointment of Kris Sennesael to its Board of directors, effective immediately. Mr. Sennesael was also appointed as chair of the Audit Committee of the Board and as a member of the Compensation and Coordination Committees. Kris Sennesael has over 25 years of experience in the high tech industry and has served as Chief Financial Officer for several public companies. He is currently the Senior Vice President and Chief Financial Officer of Skyworks Solutions, an innovator of high performance analog semiconductors with over $5 billion in revenues. As CFO of Skyworks, Kris works closely with the CEO, the executive team, and Board of Directors to drive strategic direction for profitable growth and value creation. Previously, Mr. Sennesael served as Chief Financial Officer for Enphase Energy, a semiconductor-based renewable energy solutions provider, from September 2012 to August 2016. Earlier, he served as Chief Financial Officer for Standard Microsystems Corporation, a global fabless semiconductor company, from January 2009 to August 2012, prior to which he held financial positions at ON Semiconductor, AMI Semiconductor, and Alcatel Microelectronics. Mr. Sennesael succeeds Kevin Kennedy who resigned from the Board effective June 1, 2022 following the recent public listing of Quanergy Systems for which Mr. Kennedy currently serves as chief executive officer and chairman of the Board, as previously announced by the company.Reported Earnings • May 28First quarter 2022 earnings released: US$1.45 loss per share (vs US$1.14 loss in 1Q 2021)First quarter 2022 results: US$1.45 loss per share (down from US$1.14 loss in 1Q 2021). Revenue: US$223.1m (up 35% from 1Q 2021). Net loss: US$59.1m (loss widened 52% from 1Q 2021). Over the next year, revenue is forecast to grow 47%, compared to a 13% growth forecast for the industry in Germany.お知らせ • May 27Maxeon Solar Technologies, Ltd. Provides Earnings Guidance for the Second Quarter of 2022Maxeon Solar Technologies, Ltd. provided earnings guidance for the second quarter of 2022. For the period, the company expects revenue to be between $215 million and $230 million.お知らせ • May 20Maxeon Solar Technologies, Ltd. Appoints Philippe Costemale as Its New Chief Operating OfficerMaxeon Solar Technologies, Ltd. announced that Philippe Costemale will be joining the company in August to serve as its new Chief Operating Officer (COO). Costemale will be responsible for the global manufacturing organization, global operations, and supply chain activities, and as a senior member of the executive team he will report directly to CEO Jeff Waters. Philippe Costemale will succeed Dr. Markus Sickmoeller, who will leave the company in September 2022 following an orderly transition of duties. An industry executive with wide and varied knowledge in growing B2B business, Philippe Costemale brings over 20 years' experience in smart manufacturing transformation, consolidating global and regional supply chains, and managing operations in Europe, Asia, and North and South America. Most recently, he has been the Vice President Global Manufacturing and Supply Chain for Technicolor based in Hong Kong. Before, he spent around 14 years at global manufacturing giant Jabil where, as GM for Europe, he led the business and operations, heading up a team of 11 GMs across Europe and boosting revenues to reach second in the market for electronic manufacturing services. This appointment comes at a time of growth and expansion for Maxeon. The Company has recently unveiled Maxeon's SunPower One complete home energy management experience and announced a global strategic partnership with AlphaESS to develop integrated clean energy solutions for residential customers. Costemale will be joining the Maxeon team at its Singapore Headquarters.お知らせ • May 14Maxeon Solar Technologies, Ltd. to Report Q1, 2022 Results on May 26, 2022Maxeon Solar Technologies, Ltd. announced that they will report Q1, 2022 results on May 26, 2022お知らせ • May 08Maxeon Solar Technologies, Ltd. Unveils SunPower One Integrated Home Energy SolutionMaxeon Solar Technologies, Ltd. 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. Built upon a 35+ year history of solar energy industry leadership, Maxeon's SunPower One solution enables consumers to take control of their domestic energy consumption. Designed to be intuitive and engaging, the Maxeon's SunPower One solution goes beyond simple monitoring to proactively advise homeowners on ways to optimize their energy usage. Over time, it learns about a homeowner's pattern of electricity consumption and suggests strategies to drive further energy bill savings. For example, SunPower One can identify "always on" devices in the home that are worth switching off to reduce energy consumption during periods of high electricity prices. It can also expose malfunctioning appliances that may need a repair or replacement based on their abnormal electricity signals. And, most importantly, with the appropriate products, it can enable smart use cases that increase self-consumption, such as charging an electric vehicle with excess solar production and running dishwashers or heating and cooling systems at optimal times. At launch, Maxeon's SunPower One will be exclusively packaged with Maxeon's new SunPower Reserve all-in-one storage offering. Over this year, the Maxeon's SunPower One ecosystem will grow and incorporate additional products in categories like electric vehicle charging, as well as software integrations and value-added services designed to expand the customer experience. Maxeon's SunPower One also furthers the company's commitment to its installers' end-to-end business success by surfacing new opportunities uncovered by their end-customers' household insights, such as offering products and services to help drive further energy savings. In addition, SunPower One provides an installer-specific digital environment to facilitate the effective sales and installation of the solution. With one simple account, installers will have access to intuitive next-generation quoting and design tools, agile accessible marketing and training, and automated digital processes to simplify both their own and the end-customer's experience. Maxeon's SunPower One is expected to enhance the installer's role as a trusted advisor, fostering a long-term relationship between the parties as the homeowner's needs evolve. The new Maxeon's SunPower One home energy solution will be available to installers and end users in Australia in the third quarter of 2022, and will be rolled out to other markets and customers globally, except for the United States and Canada, during the remainder of 2022 and beyond. SunPower One will be presented to the public during Intersolar Europe, on May 11-13, at Maxeon's booth A3.274.Breakeven Date Change • May 05Forecast to breakeven in 2024The 5 analysts covering Maxeon Solar Technologies expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 27% to 2023. The company is expected to make a profit of US$19.3m in 2024. Average annual earnings growth of 73% is required to achieve expected profit on schedule.Board Change • Apr 29High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director Jeff Waters is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Apr 21Maxeon Solar Technologies, Ltd. and Canadian Solar Inc. Announce Settlement Agreement Resolving Patent Infringement LawsuitMaxeon Solar Technologies, Ltd. (Maxeon) and Canadian Solar Inc. (Canadian Solar) announced that the companies have reached a settlement agreement resolving a patent infringement lawsuit in Tokyo District Court, Japan. The patent infringement lawsuit alleged Canadian Solar Japan infringed Maxeon's Japan Patent No. JP6642841B2 (Shingled Solar Cell Module). Pursuant to the terms of the settlement agreement, Canadian Solar has agreed to withdraw challenges to Maxeon's Patent. Canadian Solar has also agreed to discontinue selling shingled solar cell solar modules in Japan until the second calendar quarter of 2025 after satisfying certain outstanding 2022 orders. Further details of the settlement are confidential.決済の安定と成長配当データの取得安定した配当: 5QJ1の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 5QJ1の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Maxeon Solar Technologies 配当利回り対市場5QJ1 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (5QJ1)n/a市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (Semiconductor)0.5%アナリスト予想 (5QJ1) (最長3年)0%注目すべき配当: 5QJ1は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 5QJ1は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 5QJ1の 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: 5QJ1が配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 21:08終値2026/05/22 00:00収益2025/06/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Maxeon Solar Technologies, Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Julien Dumoulin-SmithBofA Global ResearchBrian LeeGoldman SachsBin YangHaitong International Research Limited2 その他のアナリストを表示
Board Change • May 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Zhou Bin was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 06Maxeon Solar Technologies, Ltd.(OTCPK:MAXN.Q) dropped from Russell Microcap Value IndexMaxeon Solar Technologies, Ltd.(OTCPK:MAXN.Q) dropped from Russell Microcap Value Index
お知らせ • May 05+ 4 more updatesMaxeon Solar Technologies, Ltd.(OTCPK:MAXN.Q) dropped from Russell Microcap Value Benchmark IndexMaxeon Solar Technologies, Ltd.(OTCPK:MAXN.Q) dropped from Russell Microcap Value Benchmark Index
お知らせ • May 02Maxeon Solar Technologies, Ltd.(OTCPK:MAXN.Q) dropped from NASDAQ Composite IndexMaxeon Solar Technologies, Ltd. has been removed from NASDAQ Composite Index .
お知らせ • Oct 01Maxeon Solar Technologies, Ltd. Announces Board and Committee ChangesOn September 30, 2025, the Board of Directors of Maxeon Solar Technologies, Ltd. appointed Mr. Bin Zhou to serve as a non-executive director of the Company. Mr. Zhou is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (‘TZE’), the Company’s controlling shareholder, pursuant to the Shareholders Agreement dated August 26, 2020, as amended and supplemented on June 20, 2024. Mr. Zhou replaces Mr. Wang Yanjun, whose resignation as a director was effective September 30, 2025. Following the resignation of Mr. Wang Yanjun, Mr. Zhou has also been appointed as a member of the Company’s Compensation Committee and Strategy & Transformation Committee. Mr. Zhou is a seasoned financial and management executive with over 17 years of experience leading strategic growth initiatives for multinational corporations. Since June 2023, he has served as Head of Strategy and Investment at TZE, with responsibility for TZE’s overall corporate development, mergers & acquisitions, and market intelligence. Prior to joining TZE, he played a key role in driving expansion into ASEAN countries for leading payment companies such as Tencent, where from October 2021 to May 2023, he was Regional Director, Strategy & Development based in Singapore, and UnionPay International, where between May 2019 and October 2021, he was Regional Business Development Manager based in Singapore. Earlier in his career, Mr. Zhou built a strong track record in capital markets on both the buy-side and sell-side, closing significant transactions as senior investment director for Fosun International (HK listed conglomerates) and J.P. Morgan (Global Investment Bank). His expertise spans financial analysis, strategic planning, M&A execution, and investment strategy. Mr. Zhou holds a Bachelor of Business Administration from the Shanghai University of International Business and Economics and an Executive MBA from the National University of Singapore.
お知らせ • Aug 08Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 29, 2025Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 29, 2025.
お知らせ • Jul 13Maxeon Solar Technologies, Ltd. Announces Board Changes, Effective July 7, 2025Maxeon Solar Technologies, Ltd. announced that the Board of Directors of the Company approved the appointment of the existing director of the company Mr. Cheng WANG (“Kevin WANG”) as Chairman of the Board, effective July 7, 2025. Mr. Wang succeeds Mr. Donald Colvin, who will continue to serve as a member of the Board and as Chair of the Audit Committee. Mr. Wang will continue in his role as chairman of the Company’s Strategy & Transformation Committee, Compensation Committee, and Nominating & Corporate Governance Committee.
お知らせ • Jun 20Maxeon Solar Technologies, Ltd. Announces Executive ChangesMaxeon Solar Technologies, Ltd. announced that Vikas Desai, its Chief Commercial Officer, will leave the Company at the end of June 2025. George Guo, the Chief Executive Officer of the Company, will assume the responsibilities of Chief Commercial Officer in the interim.
Board Change • Dec 30Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Chairman Don Colvin is the most experienced director on the board, commencing their role in 2020. Independent Director David Li was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Oct 18+ 1 more updateMaxeon Solar Technologies, Ltd. Announces CEO ChangesMaxeon Solar Technologies, Ltd. announced that William Patrick Mulligan III ('Bill' Mulligan), Chief Executive Officer, will retire at the end of January 2025. George Guo, formerly an advisor to the Chairman of TCL Group and previous CEO of TCL Communication Technology, has assumed the role of Maxeon CEO and joined its Board of Directors effective October 11, 2024. Mulligan will aid the leadership transition through January. Based in Silicon Valley, Guo brings nearly 40 years of experience and an exceptional track record of technology leadership, scaling-up high-volume manufacturing, and driving growth in multiple technology business segments. Guo's career spans corporate strategy, product positioning, go-to-market, supply chain and operations management and includes leadership roles at IBM's Santa Teresa Lab, Chief Technology Officer and head of R&D for Zhaodaola Internet, and several executive roles at TCL Communications, culminating in six years serving as Chief Executive Officer.
お知らせ • Oct 04Maxeon Solar Technologies Appoints New Board MembersMaxeon Solar Technologies, Ltd. on October 3, 2024 appointed Wang Yanjun and Wang Cheng to serve as a members of the Board and Wang Cheng as designated chairman of the Company’s Strategy & Transformation Committee. Mr. Wang and Mr. Wang are designees of Zhonghuan Singapore Investment and Development Pte. Ltd. (“TZE”), pursuant to the Shareholders Agreement dated August 26, 2020, as amended and supplemented on June 20, 2024, between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS. Mr. Wang Yanjun is replacing Mr. Shen Haoping and Mr, Wang Cheng is replacing Mr. Li Dongsheng, whose resignations from the Board were effective September 23, 2024. Simultaneously with Mr. Shen and Mr. Li’s resignations and Mr. Wang and Mr. Wang’s appointments, Mr. Wang Cheng has been appointed as replacement for Sean S J Wang as designated Chair of the Company’s Strategy & Transformation Committee. Mr. Wang Yanjun serves as a director designated by TZE on Maxeon’s Board of Directors. He is currently the chief executive officer of TZE, responsible for the overall industrial development and upgrade of the company. He joined TZE in 2006 and has served in several leadership roles including chief engineer and head of the manufacturing department. Mr. Wang was appointed as a vice president of TZE in 2017, and in this role, he was in charge of strategic planning and operational management of the company. Mr. Wang is currently pursuing a Ph.D. degree in electronic information at the Institute of Nanoscience and Nanotechnology, University of Science and Technology of China. Mr. Wang Cheng serves as a director designated by TZE on Maxeon’s Board of Directors. Since 2021, he has been the Chief Operating Officer of TCL Technology Group. He is also the Deputy Chairman of the First High-end Manufacturing Industry Committee of the China Association for Public Companies, Chairperson of the Electronic Information Industry Association of Huizhou, and President of both the Huizhou Enterprises Federation and Entrepreneurs Association. Wang earned a Bachelor's degree in Economics in July 1997. In December 2005, he graduated from the Executive Master of Business Administration (EMBA) program at the University of Texas in Arlington, U.S. After graduating, Wang joined TCL and held various management positions.
お知らせ • Sep 21Maxeon Solar Technologies Receives Nasdaq Notification, Proceeds with Approved Reverse Stock SplitMaxeon Solar Technologies, Ltd. announced that on September 17, 2024, it received a Staff Determination letter from the staff of the Listing Qualifications Department (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) because, as of September 16, 2024, the Company's securities had a closing bid price of $0.10 or less for ten consecutive trading days. On September 20, the Company submitted a hearing request through the Nasdaq Listing Center, which will automatically stay any delisting action or filing of the Form 25-NSE pending such hearing in accordance with Nasdaq Listing Rule 5815(a)(1). On August 29, 2024, the shareholders of the Company at the Annual General Meeting of Shareholders approved by ordinary resolution the consolidation of every 100 existing issued ordinary shares (including treasury shares) into one ordinary share of the Company. The Company's board of directors is in the process of taking the necessary actions to implement a reverse stock split which the Company believes will bring the bid price for the Company's ordinary shares above the $1.00 per share minimum bid price requirement as set by Nasdaq Listing Rule 5450(a)(1).
Reported Earnings • Sep 04Second quarter 2024 earnings released: EPS: US$0.23 (vs US$0.033 loss in 2Q 2023)Second quarter 2024 results: EPS: US$0.23 (up from US$0.033 loss in 2Q 2023). Revenue: US$184.2m (down 47% from 2Q 2023). Net income: US$11.7m (up US$13.2m from 2Q 2023). Profit margin: 6.3% (up from net loss in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany.
お知らせ • Sep 03Maxeon Solar Technologies, Ltd. Announces Board ChangesOn August 30, 2024, Maxeon Solar Technologies, Ltd. closed its previously announced transaction pursuant to a forward purchase agreement entered into on June 14, 2024 by and between the Company and Zhonghuan Singapore Investment and Development Pte. Ltd. (the Investor), relating to the sale by the Company, and the purchase by the Investor, on the terms and subject to the conditions set forth in the Forward Purchase Agreement, of ordinary shares of the Company. The requirement that a sufficient number of members of the board of directors (the "Board") of the Company shall have resigned from the Board (and each committee of the Board, other than the audit committee), such that following the designation of additional members to the Board pursuant to the shareholders agreement, as amended, the members of the Board designated by TZE will represent a majority of the members of the Board. Pursuant to Section 2(b) of the A&R SHA, the Investor has a right to designate two designees to the Board, in addition to the three existing directors who were previously designated by the Investor. Effective August 30, 2024, Mr. Dongsheng Li and Mdm. Changxu Zhang, director-designees of the Investor, were appointed to the Board, to fill existing vacancies on the Board. Following the appointments of Mr. Li and Mdm. Zhang, the Board consists of ten members and has no vacancies. Mr. Li is the founder of TCL. He currently serves as TCL Technology Group Corp.'s chairman, chief executive officer and executive director and chairman of Zhonghuan Singapore Investment and Development Pte. Ltd. He has also held several prestigious positions: Honorary President of the South China University of Technology Education Development Foundation, Vice President of the Alumni Association South China University of Technology, Member of the Council of South China University of Technology and Visiting Professor at Wuhan University. Ms. Zhang is currently a board member and the chief operations officer and chief financial officer of Zhonghuan Singapore Investment and Development Pte. Ltd. Over the past five years she has served in various leadership roles for Zhonghuan Singapore Investment and Development Pte. Ltd., including board member, deputy general manager and finance director. Ms. Zhang has a master's degree of software engineering from Tongji University and a bachelor's degree in business administration from Shanxi University of Finance and Economics.
お知らせ • Aug 06Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 29, 2024Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 29, 2024.
Board Change • Jul 30Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director David Li was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Jul 03+ 2 more updatesMaxeon Solar Technologies, Ltd.(NasdaqGS:MAXN) dropped from Russell Small Cap Comp Value IndexMaxeon Solar Technologies, Ltd.(NasdaqGS:MAXN) dropped from Russell Small Cap Comp Value Index
お知らせ • Jun 28The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Maxeon Solar Technologies, LtdThe Law Offices of Frank R. Cruz announced that it has filed a class action lawsuit in the United States District Court for the Northern District of California, captioned Wayne v. Maxeon Solar Technologies, Ltd., et al., (Case No. 3:24-cv-03869) on behalf of persons and entities that purchased or otherwise acquired Maxeon Solar Technologies, Ltd. (“Maxeon” or the “Company”) securities between November 15, 2023 and May 29, 2024, inclusive (the “Class Period”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”). Investors are hereby notified that they have until 60 days from this notice to move the Court to serve as lead plaintiff in this action. On May 30, 2024, before the market opened, Maxeon announced financial results for first quarter 2024 in a press release, reporting a 41% year-over-year decline in revenue to $187.5 million. The Company disclosed that it was “facing a serious cash flow challenge” as the result of, in part, the termination of the SunPower supply agreement. The Company revealed that, as a result, it was forced to “negotiate[] commitments for significant liquidity support” which will result in “substantial dilution to existing public shareholders, with TZE [TCL Zhonghuan Renewable Energy Technology Co. Ltd.] ultimately becoming a controlling shareholder.” The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Maxeon relied on the exclusive sales of certain products to SunPower; (2) that, following the termination of the Master Supply Agreement, the Company was unable to “aggressively ramp sales”; (3) that, as a result, revenue substantially declined; (4) that, as a result, the Company suffered a “serious cash flow” crisis; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
お知らせ • Jun 18Maxeon Solar Technologies, Ltd. to Showcase Latest Solar Energy Innovations and New Panel Technologies At Intersolar Europe 2024Maxeon Solar Technologies, Ltd. announced its presence at Intersolar Europe 2024June 19-21, where it will showcase its latest SunPower branded energy solutions and solar panel technologies at Booth A1.350. Maxeon will be exhibiting its residential home energy system, featuring a suite of products and services that empower consumers to manage and optimise their home energy consumption and the use of self-generated clean energy. Products on display include its new Maxeon 7 solar panels pioneering the future of PV technology, Performance 7 solar panels, SunPower Reserve battery storage and SunPower Drive EV charging. Maxeon 7 panels produce 2X more energy over time than other solar panels,1 with over 24% efficiency and superior shade tolerance, and feature a leading 40-year power, product, and service warranty. The Company will also be discussing its recently published field testing demonstrating that Maxeon 7 IBC cells exhibit 70% lower average temperature rise in partial shading compared to competing technologies, eliminating the risk of hotspots. Alongside the Maxeon line, the company will be exhibiting its Performance 7 product, the newest generation of its Performance line of solar panels, with high efficiency TOPCon cell technology offering solar customers improved aesthetics, increased mono or bifacial energy generation, and a lower temperature coefficient for enhanced output in high-temperature environments. This new line of panels also features a robust 30-year power, product, and service warranty. A strong focus at Intersolar will be on SunPower Reserve home energy storage solution and the advanced SunPower Drive EV charger. These products are integrated through a reimagined consumer experience driven by the SunPower One app for homeowners. The SunPower One app goes beyond just monitoring the output of a homeowner's solar panels. It also proactively offers users energy insights that show in detail the devices that are consuming electricity in the home, highlighting opportunities to better utilise PV production, battery capacity, and EV charging scheduling to enhance financial savings. Further Maxeon innovation at the event will include its Maxeon Air flexible solar panels, based on the company's IBC cells. Maxeon Air is a disruptive solar panel technology expected to enable new markets while reducing logistics and installation costs. A frameless, thin, lightweight solar panel, Maxeon Air is ideal for unique installations requiring reduced roof weight loads. At the booth, visitors also have the opportunity to delve into the company's IBC Cell Lab, where they can experience what exceptional real-world performance looks like at the solar cell level, including custom cells for consumer product applications like solar cars and solar watches.
お知らせ • Jun 15Maxeon Innovation in IBC Solar Panels Eliminates Hotspot RiskMaxeon Solar Technologies, Ltd. has extended its technology leadership with published results confirming the resilience of its Maxeon Interdigitated Back Contact (IBC) panels against damaging hotspots. Hotspots are concentrated areas of heat energy that predominantly result from shaded or cracked solar cells. In a white paper released, the Company shared the results of its internal research and development (R&D) study on hotspots, featuring Maxeon IBC panels including its new Maxeon 7 line, alongside a series of competing technologies comprising half-cell ribbon-based back contact, half-cell heterojunction (HJT), and half-cell front contact tunnel oxide passivated contact (TOPCon) panels. Maxeon IBC panels provide solar customers with safer, more reliable energy that mitigates the development of extreme hotspots that can irreparably damage standard panels. Maxeon's resiliency against hotspots builds on its long history of delivering the industry's most advanced solar panels, optimizing the balance between product performance and reliability—a critical factor in being the only manufacturer to offer a comprehensive 40-year warranty on its panels. Maxeon's engineering team carried out the competitive assessment at the company's R&D test lab in California, USA. Panels were tested first under full-sun conditions to determine the speed and severity at which hotspots can form as solar cells then become partially shaded—a state of operation that forces cells to begin converting power from surrounding cells into heat energy. Maxeon 7 IBC panels were found to mitigate the long-term degradation risk of panel materials by better minimizing that heat build-up in shaded cells—staying an average of 67 °C (153 °F) cooler than the ribbon-based back contact, HJT and TOPCon technologies tested. Additionally, when subjected to simulated bypass diode failure—the primary defense mechanism of standard solar panels against hotspots—the patented electrical architecture of the Maxeon IBC cell continued to limit heat build-up in the shaded cells. As a result, Maxeon IBC panels were inherently protected from the severe backsheet discoloration, bubbling, and burning that was witnessed in the standard ribbon-based back contact, HJT, and TOPCon panels under the same test conditions. As competitive technologies rapidly spiraled toward complete panel failure, Maxeon 7 IBC panels maintained a stable temperature in the shaded cell, even without the protection of the bypass diode.
お知らせ • Jun 08Maxeon Solar Technologies, Ltd. Announces That Kai Strohbecke to Step Down as Chief Financial Officer, Effective End of August 2024Maxeon Solar Technologies, Ltd. announced that Kai Strohbecke will step down as Chief Financial Officer at the end of August 2024. The Company plans to undertake a search process for a new chief financial officer.
お知らせ • May 31+ 2 more updatesMaxeon Solar Technologies, Ltd. announced that it expects to receive $25 million in funding from Zhonghuan Singapore Investment and Development Pte. Ltd.Maxeon Solar Technologies, Ltd. announced that it has entered into a convertible notes purchase agreement with returning investor, Zhonghuan Singapore Investment and Development Pte. Ltd. to issue 7.50% Convertible First Lien Senior Secured Notes due 2027 for the gross proceeds of $25,000,000 on May 30, 2024.
お知らせ • May 22Maxeon Solar Technologies Announces Nasdaq Notification of Non-Compliance Regarding Delayed Form 20-F FilingMaxeon Solar Technologies, Ltd. announced that on May 17, 2024, it received a notice of non-compliance (the "Notice") from the Nasdaq Global Select Market ("Nasdaq") stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) ("Listing Rule") because the Company did not timely file its annual report for the fiscal year ended December 31, 2023 on Form 20-F (the "Annual Report") with the Securities and Exchange Commission (the "SEC"). The Notice indicated that, consistent with Nasdaq rules for continued listing, the Company has 60 calendar days from the date of the Notice, or until July 16, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules. If Nasdaq accepts the Company's plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the due date of the Annual Report, or November 11, 2024, to regain compliance. If Nasdaq does not accept the plan, the Company will have the opportunity to appeal the decision to a hearings panel under Nasdaq Listing Rule 5815(a). The Notice has no immediate effect on the listing of the Company's ordinary shares on the Nasdaq Capital Market. The Company is working diligently to file the Annual Report before the compliance plan is due on July 16, 2024, or alternatively, will submit to Nasdaq a plan to regain compliance on or before July 16, 2024, as required by the Notice.
お知らせ • May 02Maxeon Solar Technologies, Ltd. announced delayed 20-F filingOn 04/30/2024, Maxeon Solar Technologies, Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
お知らせ • May 01+ 1 more updateMaxeon Solar Technologies, Ltd. to Report Q4, 2023 Results on May 15, 2024Maxeon Solar Technologies, Ltd. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on May 15, 2024
New Risk • Apr 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.2m (US$96.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$97m net loss in 2 years). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (€90.2m market cap, or US$96.1m).
New Risk • Apr 11New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$165m Forecast net loss in 2 years: US$97m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$97m net loss in 2 years). Shareholders have been diluted in the past year (17% increase in shares outstanding).
お知らせ • Apr 02Maxeon Solar Technologies, Ltd. Appoints Vikas Desai as Chief Commercial OfficerMaxeon Solar Technologies, Ltd. announced the appointment of Vikas Desai as Chief Commercial Officer, effective immediately. Desai joined Maxeon in October 2023, as part of the Solaria asset acquisition and will now be responsible for the Company's global go-to-market and customer-facing functions. As a member of the executive leadership team, he will report directly to CEO Bill Mulligan. A solar energy and technology executive with over twenty years' experience, Desai has built and scaled multiple global businesses spanning hardware and software for both B2B and B2C. He came to Maxeon with the Company's acquisition of assets from Complete Solaria in October 2023, where he had served as President. Previously, he has held leadership roles at Powerside, Flextronics, SunEdison, SunPower, EchoFirst and other technology companies. Vikas is based at Maxeon's corporate office in San Jose, CA.
お知らせ • Jan 05Maxeon Solar Technologies, Ltd. Announces Executive ChangesMark Babcock will step down as Chief Revenue Officer of Maxeon Solar Technologies, Ltd. effective January 10, 2024 and will remain with the Company in a transitional capacity through March 2, 2024. The Company plans to appoint Vikas Desai, Senior Vice President, Sales Americas, as interim Chief Revenue Officer whilst it undertakes a search process for a new executive leader for its commercial function.
Breakeven Date Change • Dec 31Forecast to breakeven in 2026The 9 analysts covering Maxeon Solar Technologies expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 31% per year to 2025. The company is expected to make a profit of US$67.0m in 2026. Average annual earnings growth of 52% is required to achieve expected profit on schedule.
お知らせ • Dec 06Maxeon Solar Technologies, Ltd. Announces Philippe Costemale to Step Down as Chief Operations OfficerMaxeon Solar Technologies, Ltd. will be transitioning its operations to a more customer-centric, product line focused business unit structure organized around its Maxeon product line and Performance product line. As part of this reorganization,?Philippe Costemale, Chief Operations Officer, will immediately step down from his role and will remain with the Company in a transitional capacity through April 30, 2024. The Company does not intend to hire a new Chief Operations Officer, with existing senior management leading each product line and reporting directly to CEO Bill Mulligan.
お知らせ • Nov 22Maxeon Solar Technologies, Ltd. Appoints Alban D’Hautefeuille as Member of the Board and Member of Compensation CommitteeMaxeon Solar Technologies, Ltd. announced on November 16, 2023, the Board of Directors of the company appointed Alban d’Hautefeuille to serve as a member of the Board and as a member of the Company’s Compensation Committee. Mr. d’Hautefeuille is a designee of TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS (collectively, “TotalEnergies”), pursuant to the Shareholders Agreement dated August 26, 2020 between the Company, Zhonghuan Singapore Investment and Development Pte. Ltd. and TotalEnergies, and is replacing Gavin Jacques Elie Adda, who resigned from the Board on September 30, 2023. Mr. d’Hautefeuille serves as a director designated by TotalEnergies on Maxeon’s Board of Directors and member of its Compensation Committee. Since 2019, he has been the Director in charge of Asia Pacific within Offshore Line Business Unit of TOTAL Renewables (Singapore). He joined TotalEnergies in 1997 and has since held various finance and business management positions in Africa, Middle East and Asia. Mr. d’Hautefeuille moved in 2013 to the then nascent New Energies unit (which later became REN division within Gas Renewables & Power), successively in charge of solar utility-scale developments in Asia and Middle East until 2017. From 2018 to 2019, he oversaw the launching of distributed solar activities in the Middle East. Mr. d’Hautefeuille received his Bachelor’s Degree from EDHEC Business School (MSc) and Dauphine University of Paris.
Breakeven Date Change • Nov 18No longer forecast to breakevenThe 8 analysts covering Maxeon Solar Technologies no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$15.4m in 2025. New consensus forecast suggests the company will make a loss of US$15.1m in 2025.
Reported Earnings • Nov 17Third quarter 2023 earnings released: US$2.21 loss per share (vs US$1.09 loss in 3Q 2022)Third quarter 2023 results: US$2.21 loss per share (further deteriorated from US$1.09 loss in 3Q 2022). Revenue: US$227.6m (down 17% from 3Q 2022). Net loss: US$108.3m (loss widened 142% from 3Q 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
お知らせ • Nov 17Maxeon Solar Technologies, Ltd. Provides Revenue Guidance for the Fourth Quarter of 2023 and for Fiscal Year 2023Maxeon Solar Technologies, Ltd. provided revenue guidance For the fourth quarter of 2023 and For fiscal year 2023. For the period, the Company anticipates the revenue $220 million - $260 million.For fiscal year 2023, the Company is revising its annual guidance to reflect the near term softening of residential demand, the recent SunPower settlement and the challenging market conditions which the Company expects to persist through the fourth quarter. Revenue to be within a range of $1,114 million to $1,154 million.
お知らせ • Nov 03Maxeon Solar Technologies, Ltd. to Report Q3, 2023 Results on Nov 15, 2023Maxeon Solar Technologies, Ltd. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 15, 2023
New Risk • Oct 12New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$102m Forecast net loss in 2 years: US$3.3m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$3.3m net loss in 2 years). Shareholders have been diluted in the past year (18% increase in shares outstanding).
お知らせ • Oct 11Maxeon Solar Technologies, Ltd. Provides Earnings Guidance for the Third Quarter 2023Maxeon Solar Technologies, Ltd. provided earnings guidance for the third quarter 2023. For the quarter, the company expects revenues to be in the range of $224 to $229 million, and shipments to be in the range of 622 to 632 megawatts.
お知らせ • Oct 07Gavin Jacques Elie Adda Resigns from the Board of Directors of Maxeon Solar Technologies, LtdOn September 30, 2023, Gavin Jacques Elie Adda resigned from the Board of Directors of Maxeon Solar Technologies, Ltd. Mr. Adda had served as the designee of TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS (collectively, “TotalEnergies”) pursuant to the Shareholders Agreement dated August 26, 2020, and he has resigned from employment at TotalEnergies. The appointment of a replacement director designated by TotalEnergies is in process and the seat is expected to be filled shortly.
お知らせ • Sep 28Maxeon Solar Technologies, Ltd.'s SunPower One Home Energy Solution Now Available in Europe and AustraliaMaxeon Solar Technologies, Ltd. announced that its SunPower One ecosystem of products and services is now available through authorized dealers and installers in Belgium, France, Italy, Spain, and Australia. To celebrate this milestone, the Company has organized a European tour where installers can receive training and observe hands-on demonstrations as well as acquire the necessary certifications to install SunPower One products. The roadshow kicks off in Antwerp, Belgium, and will continue for two months across Europe, stopping in 13 cities. Following this phase, the company plans to roll-out the SunPower One ecosystem to other countries across Europe in the final quarter of 2023 and to additional markets in 2024. SunPower One is an ecosystem of products that enable consumers to take control of their domestic energy consumption and optimize the use of the clean energy they produce. The suite of products within the ecosystem includes the company's high-efficiency residential solar panels, the new all-in-one SunPower Reserve storage system, the upcoming SunPower Drive EV charging solution and a range of other energy services and integrations. All of these products and services are tied together by a reimagined consumer experience inside the SunPower One app for homeowners. The SunPower One app goes beyond just monitoring the output of a homeowner's solar panels, and proactively offers users energy insights that show in detail the devices that are consuming electricity in the home, highlighting opportunities to better utilize PV production, battery capacity, and EV charging scheduling to enhance financial savings. In June 2023, Maxeon announced a collaboration with Samsung Electronics Co., Ltd. to integrate the SunPower One app into the SmartThings' connected home platform so that homeowners will be able to automatically manage even more devices around the home to optimize their energy consumption. SunPower One will also provide a modern and efficient experience for SunPower installers with one single app to commission all the products and services within the SunPower One ecosystem. This will streamline commissioning times for SunPower Reserve and Drive to benchmarks or better, allowing installers to finish their jobs faster and increase their business velocity. SunPower One also includes a new digital experience to better support the installer sales cycle, including one consolidated account from which to access marketing collateral, product training, and warranty registration.
お知らせ • Sep 22+ 1 more updateMaxeon Solar Technologies, Ltd. (NasdaqGS:MAXN) entered into an agreement to acquire Certain Assets of SolarCA LLCMaxeon Solar Technologies, Ltd. (NasdaqGS:MAXN) entered into an agreement to acquire Certain Assets of SolarCA LLC on September 20, 2023. Closing of this transaction is subject to satisfaction of various conditions.
Breakeven Date Change • Aug 13Forecast breakeven date pushed back to 2025The 7 analysts covering Maxeon Solar Technologies previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 96% to 2024. The company is expected to make a profit of US$68.3m in 2025. Average annual earnings growth of 131% is required to achieve expected profit on schedule.
Reported Earnings • Aug 11Second quarter 2023 earnings released: US$0.033 loss per share (vs US$2.15 loss in 2Q 2022)Second quarter 2023 results: US$0.033 loss per share (improved from US$2.15 loss in 2Q 2022). Revenue: US$348.4m (up 46% from 2Q 2022). Net loss: US$1.51m (loss narrowed 98% from 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany.
お知らせ • Aug 05+ 1 more updateMaxeon Solar Technologies, Ltd. to Report Q2, 2023 Results on Aug 10, 2023Maxeon Solar Technologies, Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023
お知らせ • Jun 13Maxeon Solar Technologies to Showcase Solar Energy Innovations at Intersolar Europe 2023Maxeon Solar Technologies, Ltd. announced that it will be attending Intersolar Europe 2023, where it will showcase its latest solar panel technologies and new energy solutions at Booth A2.430. The company will also launch a new partnership with electric vehicle charging software company, ev.energy, in which the two organizations will collaborate to help consumers unlock more benefits from their SunPower Drive, Maxeon's electric vehicles (EV) mobility solution. The partnership with ev.energy marks another addition to Maxeon's SunPower One open and flexible suite of products and services, which also includes SunPower Reserve, the company's home energy storage system, Insights service, and SunPower One home energy management solutions, allowing customers to be in control of their energy usage and save money. As an exclusive benefit to SunPower One, customers who purchase SunPower Drive will have access to ev.energy mobility & home energy management services, enabling solar surplus charging, smart tariff charging, smart scheduling, and other intelligent use cases that help drive savings and make the most of their solar-produced energy. Maxeon will also be showcasing its Maxeon line of panels, which provide leading energy density, high energy yield, and superior shade tolerance as well as a 40-year power and product warranty. Alongside the Maxeon line, the company will be revealing its newest generation of Performance line solar panels, with high efficiency TOPCon cell technology offering improved aesthetics, increased mono or bifacial power generation, and a lower temperature coefficient for enhanced power density. Additionally, Maxeon will announce that it has become a member of the European Solar PV Industry Alliance (ESIA) to better support the growth of a resilient solar value chain in the EU. The company is currently taking an active role in three working groups of the ESIA; "Non-pricing criteria": to emphasize the importance of ESG and human rights standards across the supply chain, "Supply chain": to ensure that the EU is capable of producing 30GW at each step of the supply chain by 2025; and "Financing": to fill OPEX and CAPEX gaps across the value chain and provide proposals for financing support and mechanisms and bring the European Solar Manufacturing back.
お知らせ • May 19+ 1 more updateMaxeon Solar Technologies, Ltd. has completed a Follow-on Equity Offering in the amount of $209.72 million.Maxeon Solar Technologies, Ltd. has completed a Follow-on Equity Offering in the amount of $209.72 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,490,000 Price\Range: $28
Breakeven Date Change • May 14Forecast to breakeven in 2023The 6 analysts covering Maxeon Solar Technologies expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$12.1m in 2023. Earnings growth of 68% is required to achieve expected profit on schedule.
お知らせ • May 12Maxeon Solar Technologies, Ltd. Announces Changes to its BoardMaxeon Solar Technologies, Ltd. (the Company) appointed Shen Haoping to serve as a member of the Board and as a member of the Company’s Coordination Committee. Mr. Shen is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (TZE), pursuant to the Shareholders Agreement dated August 26, 2020 between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS, and is replacing Zhang Changxu, whose resignation from the Board was effective immediately upon Mr. Shen’s appointment. Simultaneously with Ms. Zhang’s resignation and Mr. Shen’s appointment, Mr. Sean Wang has been appointed as a member of the Company’s Compensation Committee and removed as a member of the Company’s Coordination Committee. Mr. Shen serves as a director designated by TZE on Maxeon’s Board of Directors and member of its Coordination Committee. He is the Vice Chairman and CEO of TCL Zhonghuan Renewable Energy Technology Co. Ltd., a public company listed at Shenzhen Stock Exchange. Currently Mr. Shen is also a board member and Senior Vice President of TCL Technology Group Corporation. He was awarded the 2015 National Model Worker by the Chinese government and earned the best CEO award by Forbes China in 2022. Mr. Shen has many years of experience in the design and manufacturing of semiconductor and photovoltaic mono silicon materials. He has presided over several national and provincial R&D projects and led TZE to win the industry and government honors such as municipal science and technology progress award, China patent excellence award, national innovation-oriented enterprise and Forbes China potential enterprise. Under Mr. Shen’s leadership, TZE has built a world leading photovoltaic silicon ingot and wafer R&D, manufacturing and sales organization. Previously he also served as General Manager and other leadership positions of Tianjin HuanOu Semiconductor Materials Technology Co., Ltd. Mr. Shen received his Bachelor’s Degree in semiconductor physics from Lanzhou University.
Reported Earnings • May 12First quarter 2023 earnings released: EPS: US$0.49 (vs US$1.45 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.49 (up from US$1.45 loss in 1Q 2022). Revenue: US$318.3m (up 43% from 1Q 2022). Net income: US$20.3m (up US$79.4m from 1Q 2022). Profit margin: 6.4% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Semiconductor industry in Germany.
お知らせ • May 11Maxeon Solar Technologies, Ltd. Provides Preliminary Unaudited Earnings Guidance for the Second Quarter and Full Year of 2023Maxeon Solar Technologies, Ltd. provided preliminary unaudited earnings guidance for the second quarter and full year of 2023. For the quarter, the company expects revenue to be between $360 million to $400 million. For the full year, the company expects revenue to be between $1,400 million to $1,600 million.
Reported Earnings • Mar 08Full year 2022 earnings released: US$6.54 loss per share (vs US$6.80 loss in FY 2021)Full year 2022 results: US$6.54 loss per share. Revenue: US$1.06b (up 35% from FY 2021). Net loss: US$267.4m (loss widened 5.1% from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany.
Board Change • Feb 15High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Non Independent Designee Director Erick Chabanne is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Jan 20Maxeon Solar Technologies, Ltd. Appoints Luo Luo Xu to Serve as Member of the Board and as Member of the Nomination and Corporate Governance CommitteeOn January 18, 2023, the Board of Directors (the “Board”) of Maxeon Solar Technologies, Ltd. (the “Company”) appointed Luo Luo Xu to serve as a member of the Board and as a member of the Company’s Nomination and Corporate Governance Committee. Mr. Xu is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (“TZE”), pursuant to the Shareholders Agreement dated August 26, 2020 between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS, and is replacing Yanbing Jiang, whose resignation from the Board was effective immediately upon Mr. Xu’s appointment. Mr. Luo Luo Xu serves as a director designated by TZE on Maxeon’s Board of Directors and member of its Nominating and Corporate Governance Committee. Mr. Xu is the Associate President of TCL Group and prior to this role, has held various management positions within TCL Group since 2012. Mr. Xu also serves as vice-chairman at Tianjin Printronics Circuit Corp., a specialized PCB manufacturer listed on Shenzhen Stock Exchange, and a director at Homa, a leading refrigerator ODM manufacturer listed on Shenzhen Stock Exchange. Prior to these roles, he has served on other boards throughout his career, including as Chairman of Highly, a consumer electronics distributor listed on Beijing Stock Exchange. Previously, Mr. Xu has held various management positions at Foton Motor, a commercial vehicle manufacturer listed on Shanghai Stock Exchange, and AVL, a world’s leading mobility technology provider for development, simulation and testing of powertrain. Mr. Xu holds a Bachelor’s Degree in computer science and Postgraduate Degree in excellence management from University of Warwick.
お知らせ • Dec 29+ 1 more updateMaxeon Solar Technologies, Ltd. Appoints Bill Mulligan as Member of Its Board of Directors on January 23, 2023Maxeon Solar Technologies, Ltd. announced Bill Mulligan will join the Company as its Chief Executive Officer and member of its Board of Directors on January 23, 2023. Mulligan is an experienced business leader with a broad background managing teams in the development, commercialization, scale-up and high-volume manufacturing of innovative technologies. Prior to joining Maxeon, Mulligan was Chief Operating Officer at Sila Nanotechnologies, a privately held Silicon Valley company currently scaling up the manufacture of innovative silicon anode material for advanced high-performance batteries. He has previously held positions as CEO of SolarBridge, a microinverter company with technology later sold to Enphase, and Executive Vice President of Global Operations for SunPower Corporation, where he led the development and commercialization of the solar industry's first mass-produced Interdigitated Back Contact (IBC) high efficiency solar cells. Mulligan succeeds former CEO Jeff Waters, and will be based in the Company's San Jose, California office.
Buying Opportunity • Dec 29Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 42%. The fair value is estimated to be €19.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 67% in 2 years. Earnings is forecast to grow by 81% in the next 2 years.
Board Change • Nov 23High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Non Independent Designee Director Erick Chabanne is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 13Third quarter 2022 earnings released: US$1.09 loss per share (vs US$1.62 loss in 3Q 2021)Third quarter 2022 results: US$1.09 loss per share (improved from US$1.62 loss in 3Q 2021). Revenue: US$275.4m (up 25% from 3Q 2021). Net loss: US$44.7m (loss narrowed 32% from 3Q 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany.
お知らせ • Nov 11Maxeon Solar Technologies, Ltd. Provides Revenue Guidance for the Fourth Quarter of 2022Maxeon Solar Technologies, Ltd. provided revenue guidance for the fourth quarter of 2022. The company expects revenue of $290 million - $330 million.
お知らせ • Nov 01Maxeon Solar Technologies, Ltd. to Report Q3, 2022 Results on Nov 10, 2022Maxeon Solar Technologies, Ltd. announced that they will report Q3, 2022 results on Nov 10, 2022
お知らせ • Oct 20Maxeon Solar Technologies, Ltd Appoints Sean Wang to Serve as Member of the Board and as Member of the Company’s Coordination CommitteeOn October 17, 2022, the Board of Directors of Maxeon Solar Technologies, Ltd. appointed Sean Wang to serve as a member of the Board and as a member of the Company’s Coordination Committee. Sean Wang is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (“TZE”), pursuant to the Shareholders Agreement dated August 26, 2020, between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS, and is replacing Wang Yan, whose resignation from the Board was effective immediately upon Sean Wang’s appointment. Mr. Wang is the Executive President of International Operations for TZE. Prior to his role at TZE, he was Chairman of Shanghai E-Talent Digitech Investment from October 2019 to June 2022. Earlier, Mr. Wang served as the Senior Vice President and Chief Investment Director of ENN Group from March 2018 to September 2019 and has held senior management roles at ENN Energy Holdings Limited. Prior to this, Mr. Wang was a managing partner at Sino-Sin Investment Fund and an Executive Director and Chief Financial Officer at China Rongsheng Heavy Industries Group and has held various other executive leadership roles during his career. Mr. Wang graduated from Hamline University in 1986 with a Bachelor of Economics and from the Carlson School of Management at the University of Minnesota with a Master of Business Administration in 1989.
Buying Opportunity • Sep 17Now 22% undervaluedOver the last 90 days, the stock is up 134%. The fair value is estimated to be €32.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year. Earnings per share has declined by 22%. Revenue is forecast to grow by 77% in 2 years. Earnings is forecast to grow by 79% in the next 2 years.
お知らせ • Sep 09+ 1 more updateMaxeon Solar Technologies, Ltd. Announces Executive Changes, Effective on September 15, 2022Maxeon Solar Technologies, Ltd. announced that the company's board of directors and Chief Executive Officer (CEO) Jeff Waters have agreed that Waters will step down as CEO effective September 15, 2022, and that Maxeon's Chief Revenue Officer (CRO) Mark Babcock has been appointed interim CEO effective September 15, 2022. CRO Babcock, an industry veteran, will have the support of Waters to ensure a smooth transition through the end of September.
Reported Earnings • Aug 20Second quarter 2022 earnings released: US$2.15 loss per share (vs US$1.99 loss in 2Q 2021)Second quarter 2022 results: US$2.15 loss per share (down from US$1.99 loss in 2Q 2021). Revenue: US$238.1m (up 35% from 2Q 2021). Net loss: US$87.9m (loss widened 14% from 2Q 2021). Over the next year, revenue is forecast to grow 48%, compared to a 12% growth forecast for the Semiconductor industry in Germany.
お知らせ • Aug 19Maxeon Solar Technologies, Ltd. Provides Revenue Guidance for the Third Quarter of 2022Maxeon Solar Technologies, Ltd. provided revenue guidance for the third quarter of 2022. For the quarter, the company expected revenue to be in the range of $270 - $290 million.
お知らせ • Aug 13Maxeon Solar Technologies, Ltd. to Report Q2, 2022 Results on Aug 18, 2022Maxeon Solar Technologies, Ltd. announced that they will report Q2, 2022 results on Aug 18, 2022
お知らせ • Aug 12Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 31, 2022Maxeon Solar Technologies, Ltd., Annual General Meeting, Aug 31, 2022, at 21:00 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the financial period ended 2 January 2022 and the Auditor's Report thereon; to elect Messr. Kris Sennesael as a Director pursuant to Regulation 94 of the Constitution of the Company; to approve Messr. Kris Sennesael's Directors' annual fees of USD 300,000 to be paid pro rata on a quarterly basis, based on the Company's Outside Director Compensation Policy; to elect Messr. Nikita Taldykin as a Director pursuant to Regulation 94 of the Constitution of the Company; to elect Messr. Gavin Adda as a Director pursuant to Regulation 94 of the Constitution of the Company; to elect Messr. Yanbing Jiang as a Director pursuant to Regulation 94 of the Constitution of the Company; to re-appoint Ernst & Young LLP as the Company's auditors and to authorise the Audit Committee of the Board of Directors to fix their remuneration; and to consider authority to issue shares; and to consider other matters.
お知らせ • Jul 28Maxeon Solar Technologies, Ltd Announces Board ChangesOn July 21, 2022, the Board of Directors of Maxeon Solar Technologies, Ltd. appointed Yanbing Jiang to serve as a member of the Board and as a member of the Company’s Nomination and Corporate Governance Committee. Jiang is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd, pursuant to the Shareholders Agreement dated August 26, 2020 between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS, and is replacing Shen Haoping, whose resignation from the Board was effective immediately upon Jiang’s appointment. Yanbing Jiang serves as a director designated by TZE on Maxeon’s Board of Directors and member of its Nominating and Corporate Governance Committee. Jiang is the Chief Strategy Officer of TZE. Prior to his role at TZE, he was a Senior Executive Advisor and Managing Director at PwC Strategy& Germany from January 2019 to early 2022. Earlier, Jiang had served as the Head of Strategy, Market Development, M&A at Infineon Technologies Greater China region from 2014 to 2018 and was concurrently an independent board member in NanoBioImaging International Ltd. from January 2017 to December 2018. Prior to this, Jiang also held various executive level and strategic positions at Huawei Technologies and Royal Philips Electronics. Jiang graduated from Nankai University with a Bachelor of Science/Computer Science and Bachelor of Law, from Katholieke Universiteit Leuven with a Master of Science/Computer Science and Master of Law, and from Duke University with a Master of Business Administration.
Breakeven Date Change • Jul 03No longer forecast to breakevenThe 5 analysts covering Maxeon Solar Technologies no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$19.3m in 2024. New consensus forecast suggests the company will make a loss of US$15.1m in 2024.
お知らせ • Jun 07Maxeon Solar Technologies Announces Appointment of Kris Sennesael as New Independent Director and Chair of the Audit Committee of the Board and as Member of the Compensation and Coordination CommitteesMaxeon Solar Technologies, Ltd. announced the appointment of Kris Sennesael to its Board of directors, effective immediately. Mr. Sennesael was also appointed as chair of the Audit Committee of the Board and as a member of the Compensation and Coordination Committees. Kris Sennesael has over 25 years of experience in the high tech industry and has served as Chief Financial Officer for several public companies. He is currently the Senior Vice President and Chief Financial Officer of Skyworks Solutions, an innovator of high performance analog semiconductors with over $5 billion in revenues. As CFO of Skyworks, Kris works closely with the CEO, the executive team, and Board of Directors to drive strategic direction for profitable growth and value creation. Previously, Mr. Sennesael served as Chief Financial Officer for Enphase Energy, a semiconductor-based renewable energy solutions provider, from September 2012 to August 2016. Earlier, he served as Chief Financial Officer for Standard Microsystems Corporation, a global fabless semiconductor company, from January 2009 to August 2012, prior to which he held financial positions at ON Semiconductor, AMI Semiconductor, and Alcatel Microelectronics. Mr. Sennesael succeeds Kevin Kennedy who resigned from the Board effective June 1, 2022 following the recent public listing of Quanergy Systems for which Mr. Kennedy currently serves as chief executive officer and chairman of the Board, as previously announced by the company.
Reported Earnings • May 28First quarter 2022 earnings released: US$1.45 loss per share (vs US$1.14 loss in 1Q 2021)First quarter 2022 results: US$1.45 loss per share (down from US$1.14 loss in 1Q 2021). Revenue: US$223.1m (up 35% from 1Q 2021). Net loss: US$59.1m (loss widened 52% from 1Q 2021). Over the next year, revenue is forecast to grow 47%, compared to a 13% growth forecast for the industry in Germany.
お知らせ • May 27Maxeon Solar Technologies, Ltd. Provides Earnings Guidance for the Second Quarter of 2022Maxeon Solar Technologies, Ltd. provided earnings guidance for the second quarter of 2022. For the period, the company expects revenue to be between $215 million and $230 million.
お知らせ • May 20Maxeon Solar Technologies, Ltd. Appoints Philippe Costemale as Its New Chief Operating OfficerMaxeon Solar Technologies, Ltd. announced that Philippe Costemale will be joining the company in August to serve as its new Chief Operating Officer (COO). Costemale will be responsible for the global manufacturing organization, global operations, and supply chain activities, and as a senior member of the executive team he will report directly to CEO Jeff Waters. Philippe Costemale will succeed Dr. Markus Sickmoeller, who will leave the company in September 2022 following an orderly transition of duties. An industry executive with wide and varied knowledge in growing B2B business, Philippe Costemale brings over 20 years' experience in smart manufacturing transformation, consolidating global and regional supply chains, and managing operations in Europe, Asia, and North and South America. Most recently, he has been the Vice President Global Manufacturing and Supply Chain for Technicolor based in Hong Kong. Before, he spent around 14 years at global manufacturing giant Jabil where, as GM for Europe, he led the business and operations, heading up a team of 11 GMs across Europe and boosting revenues to reach second in the market for electronic manufacturing services. This appointment comes at a time of growth and expansion for Maxeon. The Company has recently unveiled Maxeon's SunPower One complete home energy management experience and announced a global strategic partnership with AlphaESS to develop integrated clean energy solutions for residential customers. Costemale will be joining the Maxeon team at its Singapore Headquarters.
お知らせ • May 14Maxeon Solar Technologies, Ltd. to Report Q1, 2022 Results on May 26, 2022Maxeon Solar Technologies, Ltd. announced that they will report Q1, 2022 results on May 26, 2022
お知らせ • May 08Maxeon Solar Technologies, Ltd. Unveils SunPower One Integrated Home Energy SolutionMaxeon Solar Technologies, Ltd. 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. Built upon a 35+ year history of solar energy industry leadership, Maxeon's SunPower One solution enables consumers to take control of their domestic energy consumption. Designed to be intuitive and engaging, the Maxeon's SunPower One solution goes beyond simple monitoring to proactively advise homeowners on ways to optimize their energy usage. Over time, it learns about a homeowner's pattern of electricity consumption and suggests strategies to drive further energy bill savings. For example, SunPower One can identify "always on" devices in the home that are worth switching off to reduce energy consumption during periods of high electricity prices. It can also expose malfunctioning appliances that may need a repair or replacement based on their abnormal electricity signals. And, most importantly, with the appropriate products, it can enable smart use cases that increase self-consumption, such as charging an electric vehicle with excess solar production and running dishwashers or heating and cooling systems at optimal times. At launch, Maxeon's SunPower One will be exclusively packaged with Maxeon's new SunPower Reserve all-in-one storage offering. Over this year, the Maxeon's SunPower One ecosystem will grow and incorporate additional products in categories like electric vehicle charging, as well as software integrations and value-added services designed to expand the customer experience. Maxeon's SunPower One also furthers the company's commitment to its installers' end-to-end business success by surfacing new opportunities uncovered by their end-customers' household insights, such as offering products and services to help drive further energy savings. In addition, SunPower One provides an installer-specific digital environment to facilitate the effective sales and installation of the solution. With one simple account, installers will have access to intuitive next-generation quoting and design tools, agile accessible marketing and training, and automated digital processes to simplify both their own and the end-customer's experience. Maxeon's SunPower One is expected to enhance the installer's role as a trusted advisor, fostering a long-term relationship between the parties as the homeowner's needs evolve. The new Maxeon's SunPower One home energy solution will be available to installers and end users in Australia in the third quarter of 2022, and will be rolled out to other markets and customers globally, except for the United States and Canada, during the remainder of 2022 and beyond. SunPower One will be presented to the public during Intersolar Europe, on May 11-13, at Maxeon's booth A3.274.
Breakeven Date Change • May 05Forecast to breakeven in 2024The 5 analysts covering Maxeon Solar Technologies expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 27% to 2023. The company is expected to make a profit of US$19.3m in 2024. Average annual earnings growth of 73% is required to achieve expected profit on schedule.
Board Change • Apr 29High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director Jeff Waters is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 21Maxeon Solar Technologies, Ltd. and Canadian Solar Inc. Announce Settlement Agreement Resolving Patent Infringement LawsuitMaxeon Solar Technologies, Ltd. (Maxeon) and Canadian Solar Inc. (Canadian Solar) announced that the companies have reached a settlement agreement resolving a patent infringement lawsuit in Tokyo District Court, Japan. The patent infringement lawsuit alleged Canadian Solar Japan infringed Maxeon's Japan Patent No. JP6642841B2 (Shingled Solar Cell Module). Pursuant to the terms of the settlement agreement, Canadian Solar has agreed to withdraw challenges to Maxeon's Patent. Canadian Solar has also agreed to discontinue selling shingled solar cell solar modules in Japan until the second calendar quarter of 2025 after satisfying certain outstanding 2022 orders. Further details of the settlement are confidential.