Should I buy or sell SPI Energy stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SPI Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SPI shares. View SPI analyst ratings or view top-rated stocks .

What is SPI Energy's stock price target for 2024?

1 analysts have issued twelve-month target prices for SPI Energy's stock. Their SPI share price targets range from $6.00 to $6.00. On average, they anticipate the company's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 707.5% from the stock's current price. View analysts price targets for SPI or view top-rated stocks among Wall Street analysts .

How have SPI shares performed in 2023?

SPI Energy's stock was trading at $0.86 at the beginning of the year. Since then, SPI stock has decreased by 13.6% and is now trading at $0.7430. View the best growth stocks for 2023 here .

Are investors shorting SPI Energy?

SPI Energy saw a decline in short interest in November. As of November 15th, there was short interest totaling 49,500 shares, a decline of 42.0% from the October 31st total of 85,400 shares. Based on an average daily volume of 77,800 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company's stock are sold short. View SPI Energy's Short Interest .

When is SPI Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 12th 2024. View our SPI earnings forecast .

How were SPI Energy's earnings last quarter?

SPI Energy Co., Ltd. (NASDAQ:SPI) announced its quarterly earnings data on Monday, November, 20th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. The firm had revenue of $55.93 million for the quarter. SPI Energy had a negative net margin of 11.77% and a negative trailing twelve-month return on equity of 167.64%.

When did SPI Energy's stock split?

SPI Energy shares reverse split on Friday, November 16th 2018. The 1-10 reverse split was announced on Thursday, November 15th 2018. The number of shares owned by shareholders was adjusted after the market closes on Thursday, November 15th 2018. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of SPI Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SPI Energy investors own include Inovio Pharmaceuticals (INO) , MEI Pharma (MEIP) , Rigel Pharmaceuticals (RIGL) , Translate Bio (TBIO) , Allena Pharmaceuticals (ALNA) , NIO (NIO) , Gilead Sciences (GILD) , Nxt-ID (NXTD) , TherapeuticsMD (TXMD) and

Who are SPI Energy's major shareholders?

SPI Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of SPI Energy?

Shares of SPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

SPI Energy Stock Price, News & Analysis (NASDAQ:SPI)

$0.70

-0.04 (-5.30%)

(As of 11:39 AM ET)

Compare

Today's Range: $0.64
▼
$0.74
50-Day Range: $0.57
▼
$0.85
52-Week Range: $0.49
▼
$1.86

Volume: 120,565 shs
Average Volume: 87,356 shs
Market Capitalization: $22.23 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.00

SPI Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 707.5% Upside
$6.00 Price Target
Short Interest: Healthy
0.22% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.36
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Oils/Energy Sector

93rd out of 210 stocks

Semiconductors & Related Devices Industry

35th out of 79 stocks

3.5

Analyst's Opinion

Consensus Rating
SPI Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.00, SPI Energy has a forecasted upside of 707.5% from its current price of $0.74.
Amount of Analyst Coverage
SPI Energy has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.22% of the float of SPI Energy has been sold short.
Short Interest Ratio / Days to Cover
SPI Energy has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in SPI Energy has recently decreased by 42.04%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
SPI Energy does not currently pay a dividend.
Dividend Growth
SPI Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SPI.

3.0

News and Social Media Coverage

News Sentiment
SPI Energy has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for SPI Energy this week, compared to 2 articles on an average week.
Search Interest
Only 7 people have searched for SPI on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.
MarketBeat Follows
2 people have added SPI Energy to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SPI Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
24.58% of the stock of SPI Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 0.53% of the stock of SPI Energy is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of SPI Energy is -0.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of SPI Energy is -0.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
SPI Energy has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SPI Energy Stock (NASDAQ:SPI)

SPI Energy Co., Ltd. provides photovoltaic and electric vehicle (EV) solutions for business, residential, government, and utility customers and investors in Australia, Japan, Italy, the United States, the United Kingdom, and Greece. The company offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies. It also develops, owns, and operates solar projects that sell electricity to power companies and other electricity off-takers, including government-owned utility companies. In addition, the company sells self-assembled solar modules, forklifts, pre-development solar projects, component and charging stations, as well as offers shipping, delivery, engineering, and maintenance services. As of April, 2022, it owned and operated 17.51 megawatts of solar projects. The company is headquartered in Sacramento, California.

SPI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SPI Stock News Headlines

November 29, 2023 | msn.com

SPI Energy issues $2.2M convertible promissory note with $1.10 per share conversion price

November 29, 2023 | finance.yahoo.com

SPI Energy Issues $2.2 Million Convertible Promissory Note with $1.10 Per Share Conversion Price

December 6, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 29, 2023 | americanbankingnews.com

SPI Energy Co., Ltd. (NASDAQ:SPI) Short Interest Down 42.0% in November

November 26, 2023 | msn.com

Pakistan: Official data shows gas prices surged by 1,109 percent in a year

November 21, 2023 | finanznachrichten.de

SPI Energy Co., Ltd.: SPI Energy Reports Positive Net Income from Continuing Operations in Q3 2023

November 21, 2023 | finance.yahoo.com

SPI Energy Reports Positive Net Income from Continuing Operations in Q3 2023

November 16, 2023 | msn.com

The GOP’s Energizer Bunnies

December 6, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 14, 2023 | uk.finance.yahoo.com

SPI Energy Co., Ltd. (SPI)

November 13, 2023 | finance.yahoo.com

SPI Energy's Solar4America Technology Presenting American-Made Solar Modules at RE+ 2023 in Chicago

November 8, 2023 | stocknews.com

Are These 3 Solar Stocks Worth Watching?

October 22, 2023 | msn.com

Risks for energy sector from Israel-Hamas war

October 21, 2023 | msn.com

Weekly inflation eases 1.7% over oil price fall

October 21, 2023 | msn.com

Israel-Hamas war: What risks face the energy sector?

October 16, 2023 | finance.yahoo.com

SPI Energy's Solar4America Heads to Ft. Lauderdale to Present Products and Plans at RE+ Florida

October 13, 2023 | finance.yahoo.com

SPI Energy and Soligenix Interviews to Air on the RedChip Small Stocks Big Money(R) Show on Bloomberg TV

October 5, 2023 | msn.com

Oil prices extend decline after demand worries spark sharp pullback

September 28, 2023 | finance.yahoo.com

SPI Energy Announces Sale of Majority Stake in Phoenix Motor

September 20, 2023 | markets.businessinsider.com

CNTE (invested by CATL) released new upgraded ESS in RE+2023

September 17, 2023 | msn.com

EdisonFuture EF1-T: Everything We Know So Far

September 14, 2023 | msn.com

U.S. crude-oil benchmark presses toward $90 a barrel

September 13, 2023 | benzinga.com

RE+2023 Inauguration: CNTE ESS Supports Electricity Demand of the World

September 7, 2023 | finance.yahoo.com

SPI Energy's Solarjuice To Participate at the Roth Solar & Storage Symposium

August 28, 2023 | finance.yahoo.com

SPI Energy's Solar4America Showing its American-Made Solar Modules at RE+ 2023 in Las Vegas

August 23, 2023 | finance.yahoo.com

SPI Energy Co., Ltd. (NASDAQ:SPI) Q2 2023 Earnings Call Transcript

August 21, 2023 | finanznachrichten.de

SPI Energy Co., Ltd.: SPI Energy Reports Revenue Up 21.1% to $58.9 Million in Q2 2023

See More Headlines

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Company Calendar

Last Earnings: 11/20/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 4/12/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:SPI
CUSIP: N/A
CIK: 1641771
Web: www.spisolar.com
Phone: (888) 575-1940
Fax: 888-633-0309
Employees: 316
Year Founded: 2006

Price Target and Rating

Average Stock Price Target: $6.00
High Stock Price Target: $6.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +736.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.88)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-33,420,000.00
Net Margins: -11.77%
Pretax Margin: -11.65%
Return on Equity: -167.64%
Return on Assets: -9.56%

Debt

Debt-to-Equity Ratio: 0.38
Current Ratio: 0.41
Quick Ratio: 0.24

Sales & Book Value

Annual Sales: $177.52 million
Price / Sales: 0.13
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.62 per share
Price / Book: 1.16

Miscellaneous

Outstanding Shares: 31,600,000
Free Float: 23,835,000
Market Cap: $22.66 million
Optionable: Not Optionable
Beta: 1.55

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Key Executives

Mr. Xiaofeng Peng (Age 48)
Executive Chairman & CEO
Comp: $196.67k
Ms. Janet Jie Chan (Age 52)
Chief Financial Officer
Comp: $244.52k
Mr. Hoong Khoeng Cheong (Age 58)
COO & Director
Comp: $290.14k
Mr. Rami Ahmed Fedda (Age 44)
Chief Supply Chain Officer of SolarJuice
Mr. Tony Zhou (Age 59)
Senior Vice President of Autonomous Driving at Phoenix Motorcars
Mr. William Chen
Chief Operating Officer of Solar Juice
Mr. Michael Kim
VP & Finance Controller
Dr. Liang Zhou Ph.D. (Age 54)
CEO of Phoenix Motorcars

Key Competitors

View All Competitors

SPI Stock Analysis - Frequently Asked Questions

Should I buy or sell SPI Energy stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SPI Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SPI shares.
View SPI analyst ratings or view top-rated stocks.
What is SPI Energy's stock price target for 2024?: 1 analysts have issued twelve-month target prices for SPI Energy's stock. Their SPI share price targets range from $6.00 to $6.00. On average, they anticipate the company's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 707.5% from the stock's current price.
View analysts price targets for SPI or view top-rated stocks among Wall Street analysts.
How have SPI shares performed in 2023?: SPI Energy's stock was trading at $0.86 at the beginning of the year. Since then, SPI stock has decreased by 13.6% and is now trading at $0.7430.
View the best growth stocks for 2023 here.
Are investors shorting SPI Energy?: SPI Energy saw a decline in short interest in November. As of November 15th, there was short interest totaling 49,500 shares, a decline of 42.0% from the October 31st total of 85,400 shares. Based on an average daily volume of 77,800 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company's stock are sold short.
View SPI Energy's Short Interest.
When is SPI Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, April 12th 2024.
View our SPI earnings forecast.
How were SPI Energy's earnings last quarter?: SPI Energy Co., Ltd. (NASDAQ:SPI) announced its quarterly earnings data on Monday, November, 20th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. The firm had revenue of $55.93 million for the quarter. SPI Energy had a negative net margin of 11.77% and a negative trailing twelve-month return on equity of 167.64%.

When did SPI Energy's stock split?: SPI Energy shares reverse split on Friday, November 16th 2018. The 1-10 reverse split was announced on Thursday, November 15th 2018. The number of shares owned by shareholders was adjusted after the market closes on Thursday, November 15th 2018. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
What other stocks do shareholders of SPI Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SPI Energy investors own include Inovio Pharmaceuticals (INO), MEI Pharma (MEIP), Rigel Pharmaceuticals (RIGL), Translate Bio (TBIO), Allena Pharmaceuticals (ALNA), NIO (NIO), Gilead Sciences (GILD), Nxt-ID (NXTD), TherapeuticsMD (TXMD) and
Who are SPI Energy's major shareholders?: SPI Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%).
How do I buy shares of SPI Energy?: Shares of SPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:SPI) was last updated on 12/6/2023 by MarketBeat.com Staff

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