HC Wainwright & Co. has lowered its price target for Orion Energy Systems (OESX) from $3.00 to $2.00, a 33.33% decrease, but maintains its "Buy" rating. The firm's confidence in the company's long-term potential remains strong despite the adjusted price target. Analysts forecast an average target price of $2.43 with an upside of 257.84% from the current price of $0.68.
HC Wainwright & Co. has lowered its price target for Orion Energy Systems Inc. (OESX) from $3.00 to $2.00, a 33.33% decrease, while maintaining its "Buy" rating. The firm's confidence in the company's long-term potential remains strong despite the adjusted price target. Analysts forecast an average target price of $2.43 with an upside of 257.84% from the current price of $0.68.
Orion Energy Systems Inc. reported its Q4 2025 financial results, which showed a net loss of $2.9 million, down from a net income of $1.6 million in Q4 2024. The company's fiscal 2025 revenue decreased to $79.7 million from $90.6 million in fiscal 2024. However, the company's EV charging revenue grew by 37% for the full fiscal year 2025, and the EV charging gross margin improved to 28.4% from 27.9% in fiscal 2024.
The company's electrical maintenance business saw a significant turnaround in profitability, with the maintenance services gross margin improving to 24.6% from 15.6% in fiscal 2024. Additionally, the company reduced its operating overheads by more than $4 million in fiscal 2025, with further reductions planned for fiscal 2026.
Despite the positive developments, the company's LED lighting revenue declined by 33% in Q4 2025 and 22% for the fiscal year 2025 compared to prior year periods. The company anticipates flat to slightly lower EV charging revenues in fiscal 2026 due to uncertainty around project funding.
HC Wainwright & Co.'s adjusted price target reflects the company's ability to navigate challenges in the lighting segment and its strong performance in the EV charging business. The firm's "Buy" rating suggests a long-term positive outlook for Orion Energy Systems Inc.
References:
[1] https://finance.yahoo.com/news/orion-energy-systems-inc-oesx-070113959.html
[2] https://www.gurufocus.com/news/2947626/kymera-therapeutics-kymr-hc-wainwright-co-raises-price-target-kymr-stock-news
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