Emeren Group Ltd (SOL)

Market Cap	93.28M
Revenue (ttm)	102.49M
Net Income (ttm)	-2.64M
Shares Out	51.25M
EPS (ttm)	-0.10
PE Ratio	n/a
Forward PE	9.25
Dividend	n/a
Ex-Dividend Date	n/a

Volume	157,339
Open	1.750
Previous Close	1.790
Day's Range	1.750 - 1.845
52-Week Range	1.410 - 3.000
Beta	1.65
Analysts	Buy
Price Target	3.83 (+110.44%)
Earnings Date	Nov 14, 2024

About SOL

Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3-gigawatt pipeline of projects and independent power producer assets, as well as a 10-gigawatt pipeline of storage pipeline. The company develops community solar gardens; and sells project rights. In addition, it engages in engineering design; procurement of solar modules; balance-of-system components and other components; and construction contracting and management services. Further, the company generates and sells electric...

• Industry: Solar
• Sector: Technology
• IPO Date: Jan 29, 2008
• Employees: 197
• Stock Exchange: NYSE
• Ticker Symbol: SOL
• Website: https://emeren.com

Financial Performance

In 2023, Emeren Group's revenue was $105.64 million, an increase of 72.36% compared to the previous year's $61.29 million. Losses were -$3.19 million, -31.81% less than in 2022.

Analyst Forecast

According to 3 analysts, the average rating for SOL stock is "Buy." The 12-month stock price forecast is $3.83, which is an increase of 110.44% from the latest price.

Price Target

$3.83

(110.44% upside)

Analyst Consensus: Buy