Pineapple Energy Inc. (PEGY)
NASDAQ: PEGY · IEX Real-Time Price · USD
0.0480
+0.0010 (2.13%)
At close: Apr 18, 2024, 4:00 PM
0.0499
+0.0019 (3.96%)
After-hours: Apr 18, 2024, 7:59 PM EDT

Pineapple Energy Stock Forecast

PEGY's stock price has decreased by -96.64% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Pineapple Energy stock have an average target of 4.00, with a low estimate of 2.50 and a high estimate of 5.50. The average target predicts an increase of 8,233.33% from the current stock price of 0.05.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $2.50 $4.00 $5.50 $5.50
Change +5108.3% +8233.3% +11358.3% +11358.3%
* Price targets were last updated on Oct 5, 2023.

Analyst Ratings

The average analyst rating for PEGY stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$3.7$2.5
Buy Maintains $3.7$2.5 +5,108.33% Oct 5, 2023
EF Hutton
EF Hutton
Strong Buy
Reiterates
$5.5
Strong Buy Reiterates $5.5 +11,358.33% May 15, 2023
EF Hutton
EF Hutton
Strong Buy
Reiterates
$5.5
Strong Buy Reiterates $5.5 +11,358.33% Apr 17, 2023
EF Hutton
EF Hutton
Strong Buy
Initiates
$5.5
Strong Buy Initiates $5.5 +11,358.33% Dec 19, 2022
Northland Capital Markets
Northland Capital Markets
Buy
Initiates
$5.7
Buy Initiates $5.7 +11,775.00% Nov 29, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
89.45M
from 79.63M
Increased by 12.33%
Revenue Next Year
n/a
from 89.45M
EPS This Year
-0.78
from -0.81
EPS Next Year
n/a
from -0.78
Year 201920202021202220232024
Revenue
50.91M8.08M38.16K27.52M79.63M89.45M
Revenue Growth
20.15%-84.13%-99.53%72,019.12%189.34%12.33%
EPS
2.76-0.08-2.03-4.04-0.81-0.78
EPS Growth
------
No. Analysts -----3
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024
High 92.1M
Avg 89.5M
Low 85.9M

Revenue Growth

Revenue Growth 2024
High
15.6%
Avg
12.3%
Low
7.9%

EPS Forecast

EPS 2024
High -0.80
Avg -0.78
Low -0.74

EPS Growth

EPS Growth 2024
High -
Avg -
Low -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.