Maxeon Solar slumps on weak revenues; analyst says dilution looking more likely

seekingalpha04-10

Maxeon Solar (NASDAQ:MAXN) -4.8% in Tuesday's trading after falling to as low as $2.36, after reporting lower than expected Q4 revenues and guiding Q1 sales below consensus. For Q4, Maxeon (MAXN) said...

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For Q4, Maxeon (MAXN) said...</p>\n\n<a href=\"https://seekingalpha.com/news/4088327-maxeon-solar-on-weak-revenues-analyst-says-dilution-looking-more-likely\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Maxeon Solar slumps on weak revenues; analyst says dilution looking more likely</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMaxeon Solar slumps on weak revenues; analyst says dilution looking more likely\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-10 01:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4088327-maxeon-solar-on-weak-revenues-analyst-says-dilution-looking-more-likely><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Maxeon Solar (NASDAQ:MAXN) -4.8% in Tuesday's trading after falling to as low as $2.36, after reporting lower than expected Q4 revenues and guiding Q1 sales below consensus. For Q4, Maxeon (MAXN) said...</p>\n\n<a href=\"https://seekingalpha.com/news/4088327-maxeon-solar-on-weak-revenues-analyst-says-dilution-looking-more-likely\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://seekingalpha.com/news/4088327-maxeon-solar-on-weak-revenues-analyst-says-dilution-looking-more-likely","article_id":"2426437191","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1200326428/image_1200326428.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2426437191","pubTimestamp":1712682903,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Maxeon Solar (NASDAQ:MAXN) -4.8% in Tuesday's trading after falling to as low as $2.36, after reporting lower than expected Q4 revenues and guiding Q1 sales below consensus. For Q4, Maxeon (MAXN) said","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4141":"半导体产品","MAXN":"Maxeon Solar Technologies Ltd"},"translate_title":"Maxeon Solar因收入疲软而下滑；分析师称稀释的可能性更大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MAXN":1},"content_text":"Maxeon Solar (NASDAQ:MAXN) -4.8% in Tuesday's trading after falling to as low as $2.36, after reporting lower than expected Q4 revenues and guiding Q1 sales below consensus. For Q4, Maxeon (MAXN) said revenues fell 29% Y/Y to $229M, below $236.8M analyst consensus estimate, while guiding for Q1 sales of $186M, well below the $241.5M consensus. Following the results, Raymond James analyst Pavel Molchanov downgrades Maxeon (MAXN) to Market Perform from Outperform while withdrawing a price target, citing the possibility of a going concern statement in the annual filing coming up by April 30, and the heightened risk of equity dilution, which would be quite painful given the beaten-down share price. As talks drag on with the the U.S. Department of Energy's Loan Programs Office about funding for the proposed 3.5 GW cell/module fab in New Mexico, Molchanov says Maxeon (MAXN) will soon need fresh capital for day-to-day operations. The analyst says Maxeon's (MAXN) pre-announced $186M of revenues in Q1 came in lower than his $224M estimate, which also suggests gross margin will be even more in the red than expected, and in the absence of commentary from management, it is difficult to discern how much of this is macro versus company-specific. Molchanov says he is \"moving to the sidelines pending greater clarity on a return to positive cash flow and improved balance sheet metrics.\"  More on Maxeon Solar Technologies  Maxeon Solar Technologies Preliminary Q4 Earnings: Don't Buy This Dip Maxeon Solar Technologies: The Jury Is Still Out On This One Seeking Alpha's Quant Rating on Maxeon Solar Technologies","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2426437191"}