Sunday, June 29, 2025

Orion Energy Adjusts Price Target Following Mixed Results

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Investment firm Craig-Hallum has lowered its price target for Orion Energy Systems (OESX) from $2 to $1.50, while maintaining a Buy rating after the company reported mixed fourth-quarter results and a cautious fiscal 2026 outlook. Despite challenges, including a decline in LED lighting revenue and a net loss of $2.9 million in Q4 2025, analysts highlight potential revenue growth from Orion’s initiatives in LED lighting and EV charging, which saw significant growth in fiscal 2025. Wall Street forecasts an average price target of $2.43 for OESX, suggesting a potential upside of 257.84% from its current trading price of $0.68. The consensus among analysts is a recommendation to “Outperform,” reflecting optimism about the company’s future despite recent setbacks.

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