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Emeren Group - SOL Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $4.38
  • Forecasted Upside: 140.38%
  • Number of Analysts: 5
  • Breakdown:
  • 3 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$1.82 As of 12/20/2024 06:31 PM ET
▲ +0.03 (1.68%)

This chart shows the closing price for SOL by one month, three months, or twelve months.

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Analyst Price Target for SOL

Analyst Price Target is $4.38
▲ +140.38% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Emeren Group in the last 3 months. The average price target is $4.38, with a high forecast of $7.00 and a low forecast of $1.50. The average price target represents a 140.38% upside from the last price of $1.82.

This chart shows the closing price for SOL for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 5 contributing investment analysts is to reduce stock in Emeren Group. This rating changed within the last month from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 2 sell ratings
Ratings as of
6/23/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 2 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 2 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 3 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 3 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/16/2024BWS FinancialReiterated RatingSell ➝ Sell$6.00 ➝ $6.00
11/15/2024HC WainwrightReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
8/21/2024Roth MkmReiterated RatingBuy ➝ Buy$3.00 ➝ $3.00
8/21/2024HC WainwrightReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
5/24/2024Northland CapmkDowngradeHold ➝ Strong Sell
5/24/2024HC WainwrightReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
5/24/2024Northland SecuritiesDowngradeMarket Perform ➝ Under Perform$1.50
4/1/2024HC WainwrightReiterated RatingBuy ➝ Buy$7.00
11/22/2023Roth MkmLower TargetBuy ➝ Buy$7.00 ➝ $5.00
11/22/2023Northland SecuritiesDowngradeOutperform ➝ Market Perform$6.00 ➝ $3.20
11/22/2023HC WainwrightLower TargetBuy ➝ Buy$10.00 ➝ $7.00
10/3/2023Raymond JamesLower TargetStrong-Buy ➝ Strong-Buy$9.00 ➝ $8.00
9/12/2023Roth MkmLower TargetBuy ➝ Buy$10.00 ➝ $7.00
9/1/2023Northland SecuritiesLower TargetOutperform ➝ Outperform$9.50 ➝ $6.00
9/1/2023HC WainwrightLower TargetBuy ➝ Buy$12.00 ➝ $10.00
12/5/2022Northland SecuritiesBoost Target$8.00 ➝ $9.50
10/13/2022Raymond JamesLower TargetStrong-Buy$10.00 ➝ $9.00
9/13/2022Northland SecuritiesInitiated CoverageOutperform$8.00
9/8/2022HC WainwrightReiterated RatingBuy
7/12/2022Raymond JamesLower TargetStrong-Buy$12.50 ➝ $10.00
3/24/2022HC WainwrightLower TargetBuy$15.00 ➝ $12.00
1/5/2022Roth CapitalUpgradeNeutral ➝ Buy$7.70 ➝ $10.00
1/4/2022Raymond JamesUpgradeOutperform ➝ Strong-Buy$12.50
10/5/2021Raymond JamesLower TargetOutperform$14.50 ➝ $12.50
9/1/2021Roth CapitalLower TargetNeutral$8.20 ➝ $7.70
6/9/2021SidotiInitiated CoverageBuy
5/26/2021Roth CapitalLower TargetNeutral$11.00 ➝ $8.20
4/30/2021HC WainwrightReiterated RatingBuy$15.00
3/29/2021HC WainwrightBoost TargetBuy$12.00 ➝ $15.00
3/15/2021Raymond JamesInitiated CoverageOutperform$14.50
3/8/2021Raymond JamesInitiated CoverageOutperform$14.50
12/14/2020HC WainwrightBoost TargetBuy$4.00 ➝ $12.00
9/17/2020HC WainwrightInitiated CoverageBuy$4.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.55 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
5/24/2024
  • 9 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 3 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
8/22/2024
  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 4 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 5 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2024

Current Sentiment

  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Emeren Group logo
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 electricity. It operates in China, the United States, the United Kingdom, Germany, France, Poland, Italy, and Hungary. The company was formerly known as ReneSola Ltd and changed its name to Emeren Group Ltd in January 2023. Emeren Group Ltd was founded in 2005 and is headquartered in Norwalk, Connecticut.
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Today's Range

Now: $1.82
Low: $1.75
High: $1.85

50 Day Range

MA: $2.15
Low: $1.77
High: $2.68

52 Week Range

Now: $1.82
Low: $1.41
High: $3.00

Volume

166,234 shs

Average Volume

339,317 shs

Market Capitalization

$93.28 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.64

Frequently Asked Questions

What sell-side analysts currently cover shares of Emeren Group?

The following equities research analysts have issued research reports on Emeren Group in the last year: BWS Financial, HC Wainwright, Northland Capmk, Northland Securities, Roth Mkm, and StockNews.com.
View the latest analyst ratings for SOL.

What is the current price target for Emeren Group?

0 Wall Street analysts have set twelve-month price targets for Emeren Group in the last year. Their average twelve-month price target is $4.38, suggesting a possible upside of 140.4%. HC Wainwright has the highest price target set, predicting SOL will reach $7.00 in the next twelve months. Northland Securities has the lowest price target set, forecasting a price of $1.50 for Emeren Group in the next year.
View the latest price targets for SOL.

What is the current consensus analyst rating for Emeren Group?

Emeren Group currently has 3 sell ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for SOL.

What other companies compete with Emeren Group?

Other companies that are similar to Emeren Group include BlackSky Technology, Gilat Satellite Networks, Turtle Beach, POET Technologies and Satellogic. Learn More about companies similar to Emeren Group.

How do I contact Emeren Group's investor relations team?

Emeren Group's physical mailing address is 3RD FLOOR 850 CANAL ST, STAMFORD CT, 06902. The semiconductor company's listed phone number is (347) 577-9055 and its investor relations email address is [email protected]. The official website for Emeren Group is www.renesolapower.com. Learn More about contacing Emeren Group investor relations.