Emeren Group Ltd (SOL)
NYSE: SOL · IEX Real-Time Price · USD
1.830
0.00 (0.00%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Emeren Group Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Emeren Group stock have an average target of 5.38, with a low estimate of 1.50 and a high estimate of 8.00. The average target predicts an increase of 193.99% from the current stock price of 1.83.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for Emeren Group stock from 4 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 1 | 1 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 4 | 4 | 4 |
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 | +282.51% | May 24, 2024 |
Northland Capital Markets | Northland Capital Markets | Hold → Sell Downgrades $1.5 | Hold → Sell | Downgrades | $1.5 | -18.03% | May 24, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +282.51% | Apr 1, 2024 |
Roth MKM | Roth MKM | Strong Buy Maintains $7 → $5 | Strong Buy | Maintains | $7 → $5 | +173.22% | Nov 22, 2023 |
Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $6 → $3.2 | Buy → Hold | Downgrades | $6 → $3.2 | +74.86% | Nov 22, 2023 |
Financial Forecast
Revenue This Year
106.73M
from 61.29M
Increased by 74.14%
Revenue Next Year
141.29M
from 106.73M
Increased by 32.38%
EPS This Year
-0.05
EPS Next Year
0.30
from -0.05
Revenue Forecast
Revenue | 2023 | 2024 | 2025 |
---|---|---|---|
High | 117.8M | 159.0M | 208.3M |
Avg | 106.7M | 141.3M | 185.4M |
Low | 97.7M | 122.3M | 163.0M |
Revenue Growth
Revenue Growth | 2023 | 2024 | 2025 |
---|---|---|---|
High | 92.2% | 48.9% | 47.4% |
Avg | 74.1% | 32.4% | 31.2% |
Low | 59.4% | 14.6% | 15.3% |
EPS Forecast
EPS | 2023 | 2024 | 2025 |
---|---|---|---|
High | 0.06 | 0.41 | 0.59 |
Avg | -0.05 | 0.30 | 0.55 |
Low | -0.12 | 0.16 | 0.51 |
EPS Growth
EPS Growth | 2023 | 2024 | 2025 |
---|---|---|---|
High | - | - | 99.0% |
Avg | - | - | 84.6% |
Low | - | - | 72.5% |
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.