Emeren Group Ltd (SOL)
NYSE: SOL · Real-Time Price · USD
2.050
-0.050 (-2.38%)
Dec 26, 2024, 4:00 PM EST - Market closed
Emeren Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Emeren Group stock have an average target of 3.83, with a low estimate of 1.50 and a high estimate of 7.00. The average target predicts an increase of 86.83% from the current stock price of 2.05.
Analyst Consensus: Buy
* Price targets were last updated on Nov 15, 2024.
Analyst Ratings
The average analyst rating for Emeren Group stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +241.46% | Nov 15, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $3 | Strong Buy | Maintains | $3 | +46.34% | Aug 21, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +241.46% | Aug 21, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +241.46% | May 24, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold → Sell Downgrades $1.5 | Hold → Sell | Downgrades | $1.5 | -26.83% | May 24, 2024 |
Financial Forecast
Revenue This Year
99.78M
from 105.64M
Decreased by -5.55%
Revenue Next Year
146.09M
from 99.78M
Increased by 46.42%
EPS This Year
0.09
from -0.10
EPS Next Year
0.34
from 0.09
Increased by 260.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 105.7M | 192.6M | 131.3M |
| Avg | 99.8M | 146.1M | 126.3M |
| Low | 95.8M | 103.4M | 122.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.1% | 93.0% | -10.2% |
| Avg | -5.6% | 46.4% | -13.6% |
| Low | -9.3% | 3.6% | -16.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.11 | 0.59 | 0.21 |
| Avg | 0.09 | 0.34 | 0.20 |
| Low | 0.08 | 0.16 | 0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 523.8% | -38.2% |
| Avg | - | 260.7% | -40.6% |
| Low | - | 66.3% | -42.4% |
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.