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 12 month price objectives for SPI Energy's shares. Their SPI share price targets range from $6.00 to $6.00. On average, they predict the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 1,076.5% 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 2024?

SPI Energy's stock was trading at $0.7820 on January 1st, 2024. Since then, SPI shares have decreased by 34.8% and is now trading at $0.51. View the best growth stocks for 2024 here .

Are investors shorting SPI Energy?

SPI Energy saw a increase in short interest in March. As of March 31st, there was short interest totaling 117,700 shares, an increase of 36.5% from the March 15th total of 86,200 shares. Based on an average trading volume of 76,000 shares, the short-interest ratio is presently 1.5 days. Currently, 0.5% of the company's stock are short sold. 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 Monday, May 27th 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 for the quarter, hitting analysts' consensus estimates of $0.02. The company 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's stock 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 closing bell 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 guidance has SPI Energy issued on next quarter's earnings?

SPI Energy updated its FY 2023 earnings guidance on Friday, January, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $204.0 million-$214.0 million, compared to the consensus revenue estimate of $219.2 million.

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) , Telesis Bio (TBIO) , Allena Pharmaceuticals (ALNA) , NIO (NIO) , Gilead Sciences (GILD) , Nxt-ID (NXTD) , TherapeuticsMD (TXMD) and

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SPI

SPI Energy (SPI) Stock Price, News & Analysis

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$0.53

+0.02 (+3.59%)

(As of 09:52 AM ET)

Compare

Today's Range: $0.51
▼
$0.53
50-Day Range: $0.51
▼
$0.74
52-Week Range: $0.49
▼
$1.61

Volume: 3,100 shs
Average Volume: 74,198 shs
Market Capitalization: $16.69 million

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

Get SPI Energy alerts:

SPI Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 1,076.5% Upside
$6.00 Price Target
Short Interest: Healthy
0.51% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.34
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.26 out of 5 stars

Oils/Energy Sector

173rd out of 246 stocks

Semiconductors & Related Devices Industry

67th out of 90 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.
Amount of Analyst Coverage
SPI Energy has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.51% 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 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in SPI Energy has recently increased by 36.54%, indicating that investor sentiment is decreasing 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.

2.4

News and Social Media Coverage

News Sentiment
SPI Energy has a news sentiment score of 0.34. 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 lower news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for SPI Energy this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for SPI on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
2 people have added SPI Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 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 1.73% of the stock of SPI Energy is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of SPI Energy is -0.58, 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 -0.58, 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 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

April 16, 2024 | americanbankingnews.com

Comparing JinkoSolar (NYSE:JKS) & SPI Energy (NASDAQ:SPI)

April 16, 2024 | americanbankingnews.com

Arteris (NASDAQ:AIP) and SPI Energy (NASDAQ:SPI) Head to Head Analysis

April 16, 2024 | InvestorPlace (Ad)

REVEALED: Elon Musk’s Secret A.I. Facility?

I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

April 15, 2024 | americanbankingnews.com

SPI Energy Co., Ltd. (NASDAQ:SPI) Short Interest Update

April 9, 2024 | msn.com

Stocks slide before US inflation, ECB meeting

April 9, 2024 | markets.businessinsider.com

GigaDevice Launches GD32F5 Series Cortex®-M33 Core MCUs for High-Performance Applications

April 9, 2024 | finance.yahoo.com

Quectel unveils its HCM511S high performance MCU Bluetooth module to power Low Energy compact connected devices

April 9, 2024 | americanbankingnews.com

SPI Energy (NASDAQ:SPI) Stock Price Passes Below 200 Day Moving Average of $0.69

April 16, 2024 | InvestorPlace (Ad)

REVEALED: Elon Musk’s Secret A.I. Facility?

I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

April 4, 2024 | finance.yahoo.com

Q4 2023 Scientific Industries Inc Earnings Call

April 3, 2024 | fxstreet.com

A challenging rebound effort

April 3, 2024 | msn.com

Stock market today: Wall Street edges higher following its worst day in weeks

April 3, 2024 | au.finance.yahoo.com

FTSE 100 LIVE: European stocks mixed as EU inflation falls to 2.4%

April 3, 2024 | msn.com

Current Decline in Asian Markets Following Wall Street’s Downfall Due to Rate Hike Concerns

April 3, 2024 | msn.com

Global shares drop after Wall Street sinks on rate worries

April 1, 2024 | fxstreet.com

Pre Asia open: Good news on Good Friday

March 24, 2024 | seekingalpha.com

SPI SPI Energy Co., Ltd.

March 18, 2024 | msn.com

Market Highlights: ASX on tightrope as traders await blockbuster RBA decision

March 18, 2024 | fxstreet.com

US stocks rally into higher yield headwinds

March 18, 2024 | msn.com

Crude oil climbs near five-month high; top oil execs rip calls for fast energy transition

March 18, 2024 | msn.com

Oil trades at 4½-month high as drone attacks crimp Russia output

March 18, 2024 | msn.com

Asian Trade Cautious Ahead Of Key Rate Decisions

March 15, 2024 | markets.businessinsider.com

EQS-News: Positive developments in Vonovia’s core business with disposals well above target and confident outlook for 2024 financial year

March 15, 2024 | msn.com

Market Highlights: A night of stagflation in the US as iron ore continues descent

March 13, 2024 | msn.com

Most Markets Track Wall St Gains As US Data Fails To Damp Rate Hopes

March 12, 2024 | fxstreet.com

Asia open: It could have been worse

March 11, 2024 | msn.com

Oil prices end mixed as traders gauge demand prospects and OPEC+ commitment to output cuts

See More Headlines

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Company Calendar

Last Earnings: 11/20/2023
Today: 4/16/2024
Next Earnings (Estimated): 5/27/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Semiconductors & related devices
Sub-Industry: N/A
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: +1,076.5%
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: 0.09
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.62 per share
Price / Book: 0.82

Miscellaneous

Outstanding Shares: 31,600,000
Free Float: 23,835,000
Market Cap: $16.12 million
Optionable: Optionable
Beta: 0.66

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Key Executives

Mr. Xiaofeng Peng (Age 49)
CEO & Executive Chairman
Comp: $196.67k
Ms. Janet Jie Chan (Age 53)
Chief Financial Officer
Comp: $244.52k
Mr. Hoong Khoeng Cheong (Age 59)
COO & Director
Comp: $290.14k
Mr. Rami Ahmed Fedda (Age 45)
Chief Supply Chain Officer of SolarJuice
Mr. Tony Zhou (Age 60)
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 55)
CEO of Phoenix Motorcars

Key Competitors

View All Competitors

Institutional Ownership

Simplex Trading LLC
Bought 200 shares on 2/2/2024
Ownership: 0.000%

View All Institutional Transactions

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 12 month price objectives for SPI Energy's shares. Their SPI share price targets range from $6.00 to $6.00. On average, they predict the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 1,076.5% 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 2024?: SPI Energy's stock was trading at $0.7820 on January 1st, 2024. Since then, SPI shares have decreased by 34.8% and is now trading at $0.51.
View the best growth stocks for 2024 here.
Are investors shorting SPI Energy?: SPI Energy saw a increase in short interest in March. As of March 31st, there was short interest totaling 117,700 shares, an increase of 36.5% from the March 15th total of 86,200 shares. Based on an average trading volume of 76,000 shares, the short-interest ratio is presently 1.5 days. Currently, 0.5% of the company's stock are short sold.
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 Monday, May 27th 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 for the quarter, hitting analysts' consensus estimates of $0.02. The company 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's stock 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 closing bell 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 guidance has SPI Energy issued on next quarter's earnings?: SPI Energy updated its FY 2023 earnings guidance on Friday, January, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $204.0 million-$214.0 million, compared to the consensus revenue estimate of $219.2 million.
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), Telesis Bio (TBIO), Allena Pharmaceuticals (ALNA), NIO (NIO), Gilead Sciences (GILD), Nxt-ID (NXTD), TherapeuticsMD (TXMD) and
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SPI) was last updated on 4/16/2024 by MarketBeat.com Staff

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SPI Energy (SPI) Stock Price, News & Analysis

SPI Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About SPI Energy Stock (NASDAQ:SPI)

SPI Stock Price History

SPI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

SPI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™