Pineapple Energy Inc. (PEGY)

NASDAQ: PEGY · IEX Real-Time Price · USD
0.0495
+0.0025 (5.32%)
Apr 18, 2024, 11:42 AM EDT - Market open
5.32%
Market Cap 3.24M
Revenue (ttm) 79.63M
Net Income (ttm) -8.13M
Shares Out 64.08M
EPS (ttm) -0.81
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,178,618
Open 0.0468
Previous Close 0.0470
Day's Range 0.0450 - 0.0510
52-Week Range 0.0400 - 1.7300
Beta 4.74
Analysts Strong Buy
Price Target 4.00 (+7,980.81%)
Earnings Date May 9, 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 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 7,980.81% from the latest price.

Price Target
$4.0
(7,980.81% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

20 days 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 ...

20 days 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...

25 days 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
4 weeks 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...

6 weeks 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...

2 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...

4 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...

5 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...

7 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...

7 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...

7 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...

7 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...

8 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...

8 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...

9 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...

10 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...

11 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...

11 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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