Pioneer Power Solutions, Inc. (PPSI)

NASDAQ: PPSI · IEX Real-Time Price · USD
3.910
-0.010 (-0.26%)
Apr 26, 2024, 3:19 PM EDT - Market open
-0.26%
Market Cap 38.93M
Revenue (ttm) 42.60M
Net Income (ttm) 1.78M
Shares Out 9.93M
EPS (ttm) 0.18
PE Ratio 21.67
Forward PE 28.32
Dividend n/a
Ex-Dividend Date n/a
Volume 32,000
Open 3.900
Previous Close 3.920
Day's Range 3.870 - 3.940
52-Week Range 3.610 - 9.843
Beta 0.54
Analysts Strong Buy
Price Target 10.50 (+168.54%)
Earnings Date May 13, 2024

About PPSI

Pioneer Power Solutions, Inc., together with its subsidiaries, design, manufacture, integrate, refurbish, distribute, sell, and service electric power systems, distributed energy resources, power generation equipment, and mobile EV charging solutions. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions. The Transmission & Distribution Solutions segment provides electric power systems that help customers effectively and efficiently protect, control, transfer, monitor, and manage their electri... [Read more]

Sector Industrials
Founded 2008
Employees 99
Stock Exchange NASDAQ
Ticker Symbol PPSI
Full Company Profile

Financial Performance

In 2022, PPSI's revenue was $27.00 million, an increase of 47.45% compared to the previous year's $18.31 million. Losses were -$3.64 million, 67.9% more than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for PPSI stock is "Strong Buy." The 12-month stock price forecast is $10.5, which is an increase of 168.54% from the latest price.

Price Target
$10.5
(168.54% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Pioneer Receives Nasdaq Notification of Non-Compliance Related to Delayed Annual Report on Form 10-K

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems, di...

3 days ago - Business Wire

Pioneer Achieves 51% Year-Over-Year Increase in Revenue, Reaching $40.8 Million

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems, di...

24 days ago - Business Wire

Pioneer Power Enters $2.4 Billion Residential Power and EV Charging Market with HOMe-Boost, an Integrated Distributed Generation and EV Charging Product for U.S. Homeowners

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer”, “Pioneer Power” or the “Company”), a leader in the design, manufacture, service, and integration of electrical...

5 weeks ago - Business Wire

Pioneer Power to Host 2023 Fourth Quarter and Year-End Financial Results Conference Call on Monday, April 1, 2024 at 5:00 p.m. ET

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy ...

6 weeks ago - Business Wire

Pioneer Power Launches New Modular, E-Bloc Charge Port Series and Immediately Books Initial Orders Valued at More Than $2 Million

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems, di...

2 months ago - Business Wire

Pioneer Power Partners with NOMAD Transportable Power Systems to Launch New Zero-Emission, Mobile EV Charging Platform and Re-charging Solutions

FORT LEE, N.J. & WATERBURY, Vt.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical ...

3 months ago - Business Wire

Pioneer Power Announces e-Bloc and Related Product Orders in Excess of $10 Million

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer”, “Pioneer Power” or the “Company”), a leader in the design, manufacture, service and integration of electrical ...

4 months ago - Business Wire

Pioneer Power Announces e-Boost Orders Totaling $3.1 Million

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer”, “Pioneer Power” or the “Company”), a leader in the design, manufacture, service and integration of electrical ...

4 months ago - Business Wire

Pioneer to Provide e-Boost Solution to Launch MACAW Energies' Low Carbon LNG to EV Charging in Texas

First Low Carbon Flare Gas Technology-Powered Order Significantly Expands e-Boost Installation in South Central Region; Will Support MACAW's Low Carbon LNG to Ultra High-Speed EV Charging In Texas FOR...

Other symbols: GLNG
5 months ago - PRNewsWire

Pioneer's Third Quarter Revenue Increases 99.1% to a Record $12.4 Million; Grows Profitability to $0.10 in Quarterly EPS

Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS; Company Maintains $33.6 Million Backlog after Record Revenue Quarter FORT LEE, N.J. , Nov. 14, 2023 /...

5 months ago - PRNewsWire

Pioneer Power to Host Third Quarter Financial Results Conference Call on Wednesday, November 15, 2023 at 9:00 a.m. ET

FORT LEE, N.J. , Nov. 2, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer"),  a leader in the design, manufacture, service and integration of electrical power systems, distr...

6 months ago - PRNewsWire

Pioneer Power's Momentum Continues, Winning $7 Million in E-Bloc and Other Related Equipment Orders during August, Supporting Increased Growth Expectations for 2024

Additional Purchase Orders from a Variety of Customers for Diverse Use-Cases including Electric Vehicle Supercharging Stations, Demonstrating Broad-Based Adoption of Pioneer's Unique Distributed Gener...

8 months ago - PRNewsWire

Pioneer Power to Participate at Upcoming Conferences in September

FORT LEE, N.J. , Aug. 31, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration ...

8 months ago - PRNewsWire

Pioneer Power Increases Revenue 149% during the Second Quarter to a Record $12.1 Million; Gross Profit Increases to $2.7 Million, Achieving a 22% Gross Margin

Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS; Company Maintains $33.6 Million Backlog FORT LEE, N.J. , Aug. 14, 2023 /PRNewswire/ -- Pioneer Power ...

9 months ago - PRNewsWire

Pioneer Power's e-Boost to Support Fairfield, California's Municipal Electric Bus Fleet

First Order from Municipality to Service Public Transportation Sector FORT LEE, N.J., Aug. 9, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" or the "Comp...

9 months ago - PRNewsWire

Pioneer Power to Provide E-Bloc Solution to Support Rove Full-Service EV Charging Centers in California

Multi-Million Dollar Order Significantly Expands E-Bloc Backlog; Will Support Its Full-Service, Ultra High-Speed Charging Locations in California FORT LEE, N.J. , Aug. 7, 2023 /PRNewswire/ -- Pioneer ...

9 months ago - PRNewsWire

Pioneer Power to Host Second Quarter Financial Results Conference Call on Monday, August 14, 2023 at 5:00 p.m. ET

FORT LEE, N.J., Aug. 3, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer"), a leader in the design, manufacture, service and integration of electrical power systems, distrib...

9 months ago - PRNewsWire

Pioneer Power Wins $6.2 Million in E-Bloc Orders from New Customers to Support EV Charging and Microgrid Applications

Wins from Major Aviation and Solar Customers Support Expectations of At Least 50% Year-Over-Year Revenue Growth for 2023 FORT LEE, N.J., July 13, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Na...

10 months ago - PRNewsWire

Pioneer Power's e-Boost Mobile Solution Selected by Major Automaker to Support Multi-City Autonomous Electric Vehicle Rollout

Initial order for multiple 400 kW e-Boost units and a transaction value of approximately $1 million FORT LEE, N.J. , June 2, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer...

11 months ago - PRNewsWire

Pioneer Power Revenue Increases 34% to $8.5 Million from Prior Year Quarter; Company Reports Earnings Per Share of $0.01

Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS; Company Maintains $37.2 Million Backlog with Strong Quarterly Revenue Growth FORT LEE, N.J. , May 15,...

1 year ago - PRNewsWire

Pioneer Power to Host First Quarter Financial Results Conference Call on Monday, May 15, 2023 at 4:30 p.m. ET

FORT LEE, N.J. , May 4, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer," "Pioneer Power" or the "Company"),  a leader in the design, manufacture, service and integration o...

1 year ago - PRNewsWire

Pioneer Power to Participate in 1x1 Meetings at The Inaugural EF Hutton Global Conference

FORT LEE, N.J. , May 2, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration of...

1 year ago - PRNewsWire

Pioneer Power to Present at the Planet MicroCap Showcase: VEGAS 2023 on Wednesday, April 26, 2023 & 1x1 Meetings on Thursday, April 27, 2023

FORT LEE, NJ / ACCESSWIRE / April 10, 2023 / Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer", "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration of ...

1 year ago - Accesswire

Pioneer Power to Provide e-Boost Mobile Solution to Major Transportation Agency

Long-term Rental of e-Boost Systems to Charge Multiple EV Shuttle Buses, and Other EV Vehicles for Operating Facilities FORT LEE, N.J. , April 5, 2023 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Na...

1 year ago - PRNewsWire

Pioneer Power Delivers Quarterly Revenue of $9.5 Million, Up 172% Year-over-Year and 52% Sequentially, Driven by Demand for E-Bloc Solution

Full-Year Revenue Up 48% to $27.0 Million, Backlog Grows 63% Year-Over-Year to $37.2 Million; Fourth Quarter Earnings per Share of $0.10; Management Expects Positive EPS for Full-Year of 2023; Company...

1 year ago - PRNewsWire