Emeren Group Ltd (SOL)
NYSE: SOL · Real-Time Price · USD
1.870
+0.050 (2.75%)
Nov 22, 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 104.81% from the current stock price of 1.87.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 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 | 4 | 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 | +274.33% | Nov 15, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $3 | Strong Buy | Maintains | $3 | +60.43% | Aug 21, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +274.33% | Aug 21, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +274.33% | May 24, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold → Sell Downgrades $1.5 | Hold → Sell | Downgrades | $1.5 | -19.79% | May 24, 2024 |
Financial Forecast
Revenue This Year
152.86M
from 105.64M
Increased by 44.70%
Revenue Next Year
184.24M
from 152.86M
Increased by 20.53%
EPS This Year
0.34
from -0.10
EPS Next Year
0.54
from 0.34
Increased by 61.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 162.8M | 192.7M | 222.4M |
| Avg | 152.9M | 184.2M | 213.9M |
| Low | 145.8M | 177.4M | 207.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 54.1% | 26.1% | 20.7% |
| Avg | 44.7% | 20.5% | 16.1% |
| Low | 38.0% | 16.0% | 12.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.39 | 0.58 | 0.67 |
| Avg | 0.34 | 0.54 | 0.65 |
| Low | 0.30 | 0.51 | 0.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 71.5% | 24.0% |
| Avg | - | 61.0% | 19.3% |
| Low | - | 51.4% | 15.7% |
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.