Pineapple Energy Inc. (PEGY)

NASDAQ: PEGY · IEX Real-Time Price · USD
1.200
-0.110 (-8.40%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-8.40%
Market Cap 8.68M
Revenue (ttm) 70.79M
Net Income (ttm) -15.70M
Shares Out 7.24M
EPS (ttm) -12.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 583,343
Open 1.320
Previous Close 1.310
Day's Range 1.200 - 1.340
52-Week Range 0.600 - 21.450
Beta 5.64
Analysts Buy
Price Target 37.50 (+3,025.0%)
Earnings Date Aug 8, 2024

About PEGY

Pineapple Energy Inc. engages in the sale, design, and installation of photovoltaic solar energy systems and battery storage systems in the United States. Its brand portfolio includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. The company develops and manufactures energy management software and hardware, such as energy management control devices on solar systems that are paired with batteries. It primarily serves residential homeowners, as well as commercial owners, other municipal customers, energy services... [Read more]

Industry Solar
Sector Technology
Founded 1969
Employees 201
Stock Exchange NASDAQ
Ticker Symbol PEGY
Full Company Profile

Financial Performance

In 2023, PEGY's revenue was $79.63 million, an increase of 189.34% compared to the previous year's $27.52 million. Losses were -$8.13 million, -70.12% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for PEGY stock is "Buy" and the 12-month stock price forecast is $37.5.

Price Target
$37.5
(3,025.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Pineapple Energy Urges Shareholders to Vote Now

MINNETONKA, Minn., June 25, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households...

7 days ago - GlobeNewsWire

Pineapple Subsidiary SUNation Enters Installation Agreement With the Guide Dog Foundation and America's VetDogs

SMITHTOWN, N.Y., June 24, 2024 (GLOBE NEWSWIRE) -- SUNation Energy, the Long Island, New York-based subsidiary of Pineapple Energy (Pineapple), today announced that they will be installing a custom ro...

8 days ago - GlobeNewsWire

Pineapple Subsidiary SUNation Surpasses Goal of $15 Million in Contracted Commercial Work

SUNation Energy Surpasses Commercial and Industrial Milestone, Sees Potential for Robust Project Pipeline in Coming Year SUNation Energy Surpasses Commercial and Industrial Milestone, Sees Potential f...

12 days ago - GlobeNewsWire

Pineapple Interim CEO Adds Shares to His Position

MINNETONKA, Minn., June 17, 2024 (GLOBE NEWSWIRE) -- Scott Maskin, Interim CEO of Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and...

15 days ago - GlobeNewsWire

Pineapple Subsidiary SUNation Energy Secures $2.5 Million Project Slated to Directly Benefit Shinnecock Nation

MINNETONKA, Minn., June 12, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small businesses, is announc...

20 days ago - GlobeNewsWire

Pineapple Energy Retains Shareholder Intelligence Services, LLC to Investigate Potential Purposeful Shorting

MINNETONKA, Minn., June 10, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small businesses, is announc...

22 days ago - GlobeNewsWire

Pineapple Energy Announces 1-for-15 Reverse Stock Split Effective June 12, 2024

MINNETONKA, Minn., June 10, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (the “Company”) (NASDAQ: PEGY) announced today that effective at 12:01 a.m.

22 days ago - GlobeNewsWire

SUNation Energy Achieves Platinum Status for Quality From New York State

MINNETONKA, Minn., June 06, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small businesses, is announc...

26 days ago - GlobeNewsWire

Pineapple Energy Announces Appointment of Chief Operating Officer

MINNETONKA, Minn., May 30, 2024 (GLOBE NEWSWIRE) -- Scott Maskin, Interim CEO of Pineapple Energy Inc. (“Pineapple” or the “Company”), has reaffirmed the Board's commitment to having Eric Ingvaldson c...

4 weeks ago - GlobeNewsWire

Pineapple Subsidiary SUNation Signs 1.95-Megawatt Project

MINNETONKA, Minn., May 24, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, announced tod...

5 weeks ago - GlobeNewsWire

Pineapple Energy Announces Chief Executive Officer Transition

MINNETONKA, Minn., May 17, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today announc...

6 weeks ago - GlobeNewsWire

Pineapple Energy stock ($PEGY): what made it jump 75% on Thursday?

Pineapple Energy Inc (NASDAQ: PEGY) is up a whopping 75% this morning even though there hasn't been an announcement or news that could have catalysed such a huge surge in its share price.

6 weeks ago - Invezz

Pineapple Energy Reports First Quarter 2024 Financial Results

First Quarter 2024: Revenue down 40% from Q1 2023 Gross profit down 40% from Q1 2023 Operating Expenses down 31% from Q1 2023 Operating Loss increased 2% from Q1 2023 Net Income of $1.2M, Net Loss att...

7 weeks ago - GlobeNewsWire

Pineapple Energy to Release First Quarter 2024 Results, Host Conference Call on May 10

MINNETONKA, Minn., May 06, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today ann...

2 months ago - GlobeNewsWire

Pineapple Energy Applauds Announcement of EPA's $7B Solar for All Awards

MINNETONKA, Minn., April 25, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today comme...

2 months ago - GlobeNewsWire

Pineapple Energy Announced CVR Agreement extended to December 31, 2024

MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today a...

3 months ago - GlobeNewsWire

Pineapple Energy Reports Fourth Quarter and Full Year 2023 Financial Results

Fourth Quarter 2023: Revenue up 13% from Q4 2022 Gross profit up 10% from Q4 2022 Operating Expenses down 8% from Q4 2022 Operating Loss decreased 34% from Q4 2022 Net Loss from continuing operations ...

3 months ago - GlobeNewsWire

Pineapple Energy to Release Fourth Quarter and Full Year 2023 Results, Host Conference Call on March 28

MINNETONKA, Minn., March 23, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today a...

3 months ago - GlobeNewsWire

Top 5 Industrials Stocks That Are Preparing To Pump In Q1 - Astra Space (NASDAQ:ASTR), Boeing (NYSE:BA)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: ASTRBANEOVSKIL
3 months ago - Benzinga

Pineapple Energy Participates in Bank of America's 2024 Power, Utilities and Clean Energy Conference

MINNETONKA, Minn., March 04, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is exci...

4 months ago - GlobeNewsWire

Pineapple Energy Prices $1.0 Million Registered Direct Offering of Common Stock

MINNETONKA, Minn., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households...

5 months ago - GlobeNewsWire

Pineapple Energy Participates in Bank of America's 2023 Renewables Conference and Janney's Clean Energy Investment Symposium

MINNETONKA, Minn., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, is excit...

7 months ago - GlobeNewsWire

Pineapple Energy Reports Third Quarter 2023 Financial Results

MINNETONKA, Minn., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today an...

8 months ago - GlobeNewsWire

Pineapple Energy's E-Gear First to Integrate Testing on the Bring Your Own Device Program

MINNETONKA, Minn., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, announce...

9 months ago - GlobeNewsWire

Pineapple Energy Applauds Extension of Battery Bonus Program on Oahu

MINNETONKA, Minn., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, today comme...

9 months ago - GlobeNewsWire