Fintel reports that on October 5, 2023, Northland Capital Markets maintained coverage of Pineapple Energy (NASDAQ:PEGY) with a Outperform recommendation.
Analyst Price Forecast Suggests 319.33% Upside
As of October 5, 2023, the average one-year price target for Pineapple Energy is 3.77. The forecasts range from a low of 3.74 to a high of $3.88. The average price target represents an increase of 319.33% from its latest reported closing price of 0.90.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Pineapple Energy is 87MM, an increase of 33.75%. The projected annual non-GAAP EPS is 0.08.
What is the Fund Sentiment?
There are 37 funds or institutions reporting positions in Pineapple Energy. This is a decrease of 9 owner(s) or 19.57% in the last quarter. Average portfolio weight of all funds dedicated to PEGY is 0.00%, a decrease of 58.61%. Total shares owned by institutions decreased in the last three months by 13.86% to 813K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 163K shares representing 1.63% ownership of the company. No change in the last quarter.
Coldstream Capital Management holds 98K shares representing 0.98% ownership of the company. No change in the last quarter.
DFFVX - U.S. Targeted Value Portfolio - Institutional Class holds 64K shares representing 0.64% ownership of the company. No change in the last quarter.
VEXMX - Vanguard Extended Market Index Fund Investor Shares holds 45K shares representing 0.45% ownership of the company. No change in the last quarter.
Gamco Investors, Inc. Et Al holds 45K shares representing 0.45% ownership of the company. In it's prior filing, the firm reported owning 45K shares, representing an increase of 0.12%. The firm decreased its portfolio allocation in PEGY by 15.81% over the last quarter.
Pineapple Energy Background Information
(This description is provided by the company.)
Communications Systems, Inc., an IoT intelligent edge products and services company, provides network infrastructure and services for global deployments of enterprise and industrial networks. CSI operates under its Electronics & Software and Services & Support operating segments. Electronics & Software segment provides smart, flexible solutions at network edge, by giving customers the ability to easily provision and proactively manage their networks with actionable insights about their edge devices and connected end points, thereby minimizing the administrative burden of the operator. Services & Support segment provides fully managed services for all aspects of design, deployment, support and maintenance of customer networks. With partners and customers in over 50 countries, CSI has built a reputation as a reliable global innovator focusing on quality and customer service.
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