Emeren Group Ltd (SOL)

Market Cap	124.11M
Revenue (ttm)	103.58M
Net Income (ttm)	-16.87M
Shares Out	50.25M
EPS (ttm)	-0.31
PE Ratio	n/a
Forward PE	4.49
Dividend	n/a
Ex-Dividend Date	n/a

Volume	146,423
Open	2.460
Previous Close	2.460
Day's Range	2.460 - 2.580
52-Week Range	1.410 - 3.000
Beta	1.73
Analysts	Buy
Price Target	3.83 (+55.06%)
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 55.06% from the latest price.

Price Target

$3.83

(55.06% upside)

Analyst Consensus: Buy