Pineapple Energy Inc. (PEGY)

NASDAQ: PEGY · IEX Real-Time Price · USD
0.0656
-0.0157 (-19.31%)
Feb 27, 2024, 12:28 PM EST - Market open
-19.31%
Market Cap 3.50M
Revenue (ttm) 73.79M
Net Income (ttm) -30.72M
Shares Out 43.06M
EPS (ttm) -4.21
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 13,102,026
Open 0.0756
Previous Close 0.0813
Day's Range 0.0598 - 0.0756
52-Week Range 0.0599 - 1.9100
Beta n/a
Analysts Strong Buy
Price Target 4.00 (+5,997.56%)
Earnings Date Mar 28, 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 255
Stock Exchange NASDAQ
Ticker Symbol PEGY
Full Company Profile

Financial Performance

In 2022, PEGY's revenue was $27.52 million, an increase of 72019.12% compared to the previous year's $38,162. Losses were -$27.22 million, 336.5% more than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for PEGY stock is "Strong Buy." The 12-month stock price forecast is $4.0, which is an increase of 5,997.56% from the latest price.

Price Target
$4.0
(5,997.56% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

22 days 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...

2 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...

3 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...

5 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...

5 months ago - GlobeNewsWire

Pineapple Energy Announces Expansion to Florida

MINNETONKA, Minn., Sept. 25, 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 a...

5 months ago - GlobeNewsWire

Pineapple Energy Announces Payment to CVR Holders of $1.25 per CVR

MINNETONKA, Minn., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Pursuant to the merger of Communications Systems Inc. (CSI) and Pineapple Energy, Inc., which was completed on March 28, 2022, CSI shareholders of...

5 months ago - GlobeNewsWire

Pineapple Energy to Participate at the Roth Solar & Storage Symposium

MINNETONKA, Minn., Aug. 25, 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...

6 months ago - GlobeNewsWire

Pineapple Energy Reports Second Quarter 2023 Financial Results

MINNETONKA, Minn., Aug. 10, 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...

7 months ago - GlobeNewsWire

Pineapple Energy to Release Second Quarter 2023 Results, Host Conference Call on August 11

MINNETONKA, Minn., Aug. 04, 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...

7 months ago - GlobeNewsWire

Pineapple Energy Reports Sale of Substantially All of the Assets of Legacy Subsidiaries JDL Technologies, Incorporated and Ecessa Corporation

MINNETONKA, Minn., July 07, 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 Closes Debt Financing with Decathlon Capital Partners

–$7.5 million debt instrument with 48-month term– –Retires SUNation short-term seller's note with no equity dilution– –Allows Pineapple to move forward with full integration of SUNation for synergy re...

9 months ago - GlobeNewsWire

Pineapple Energy to Attend Upcoming Investor Conference

MINNETONKA, Minn., June 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to hou...

9 months ago - GlobeNewsWire

Pineapple Energy Reports First Quarter 2023 Financial Results

MINNETONKA, Minn., May 11, 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 ann...

10 months ago - GlobeNewsWire

Pineapple Energy to Release First Quarter 2023 Results and Host Conference Call on May 12

MINNETONKA, Minn., May 05, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to hous...

10 months ago - GlobeNewsWire

Pineapple Energy to Attend Upcoming Investor Conferences

MINNETONKA, Minn., May 01, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to hous...

10 months ago - GlobeNewsWire

Pineapple Energy Reports Fourth Quarter 2022 Financial Results

MINNETONKA, Minn., March 30, 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...

11 months ago - GlobeNewsWire

Pineapple Energy Subsidiary E-Gear Licenses Energy Management Controller to Energy Storage Leader Eguana

MINNETONKA, Minn., March 22, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to ho...

1 year ago - GlobeNewsWire

CORRECTION - Pineapple Energy Inc.

MINNETONKA, Minn., March 20, 2023 (GLOBE NEWSWIRE) -- In a release issued earlier today by Pineapple Energy Inc. (NASDAQ: PEGY) please note that in the headline and first paragraph of the release, the...

1 year ago - GlobeNewsWire

Pineapple Energy to Release Fourth Quarter 2022 Results and Host Conference Call on March 31

MINNETONKA, Minn., March 20, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to ho...

1 year ago - GlobeNewsWire

Pineapple Energy to Participate at the 35th Annual Roth Conference

MINNETONKA, Minn., March 02, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to ho...

1 year ago - GlobeNewsWire

Pineapple Energy to Ring Nasdaq Stock Market Closing Bell

MINNETONKA, Minn., Feb. 24, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple Energy”), a leading provider of sustainable solar energy and back-up power to hou...

1 year ago - GlobeNewsWire

Pineapple Energy Announces Progress on New-Build Housing Strategy

MINNETONKA, Minn., Feb. 23, 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...

1 year ago - GlobeNewsWire

Pineapple Energy Announces Success in Labor Force Training Initiative

MINNETONKA, Minn., Jan. 31, 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...

1 year ago - GlobeNewsWire

Pineapple Energy Provides Pro Forma Information Reflecting SUNation Acquisition

MINNETONKA, Minn., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, filed a F...

1 year ago - GlobeNewsWire