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Emeren Group Ltd has a consensus price target of $5.9 based on the ratings of 5 analysts. The high is $10 issued by Roth Capital on January 5, 2022. The low is $1.5 issued by Northland Capital Markets on May 24, 2024. The 3 most-recent analyst ratings were released by Roth MKM, HC Wainwright & Co., and HC Wainwright & Co. on August 21, 2024, August 21, 2024, and May 24, 2024, respectively. With an average price target of $5.67 between Roth MKM, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 138.10% upside for Emeren Group Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Emeren Group (NYSE:SOL) was reported by Roth MKM on August 21, 2024. The analyst firm set a price target for $3.00 expecting SOL to rise to within 12 months (a possible 23.46% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Emeren Group (NYSE:SOL) was provided by Roth MKM, and Emeren Group maintained their buy rating.
The last upgrade for Emeren Group Ltd happened on January 5, 2022 when Roth Capital raised their price target to $10. Roth Capital previously had a neutral for Emeren Group Ltd.
The last downgrade for Emeren Group Ltd happened on May 24, 2024 when Northland Capital Markets changed their price target from N/A to $1.5 for Emeren Group Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Emeren Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Emeren Group was filed on August 21, 2024 so you should expect the next rating to be made available sometime around August 21, 2025.
While ratings are subjective and will change, the latest Emeren Group (SOL) rating was a maintained with a price target of $3.00 to $3.00. The current price Emeren Group (SOL) is trading at is $2.43, which is out of the analyst’s predicted range.
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