What potential price could maxn squeeze to in the event of a short squeeze?

The potential price that Maxeon Solar (MAXN) could reach in the event of a short squeeze is difficult to predict with certainty, but several factors indicate a possible upward movement:

1. Current Short Interest and Borrow Rates: The short interest on Dilution Tracker and Ortex is high, with zero shares available to short and a borrow rate nearing 300%. This indicates strong short interest and a difficulty for short sellers to obtain shares for hedging purposes.
2. Recent Stock Performance: The stock has experienced a significant drop, from $1 to $0.24, which could be setting up for a potential parabolic squeeze. Historical examples, such as the stock FFIE, show that such stocks can experience rapid price increases after a short squeeze.
3. Analyst Price Target: The current price target for MAXN is $1. If the stock were to reach this target in a short squeeze, it would represent a substantial increase from its current price.
4. Market Sentiment and Legal Factors: The company is disputing a lawsuit that caused a recent drop in price, which could lead to a reversal if the company is successful in court. Additionally, the daily Relative Strength Index (RSI) for MAXN is at 25, which is considered very low and could indicate potential for a price increase if the stock rebounds.
   
   In conclusion, while the exact price that MAXN could reach in a short squeeze is uncertain, the current high short interest, the difficulty in borrowing shares, the recent stock drop, and the potential for market sentiment to shift positively due to legal developments all suggest that there is potential for significant upward movement if a short squeeze were to occur.