Pineapple Energy (PEGY) Stock Forecast, Price Target & Predictions

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PEGY Stock Forecast

Pineapple Energy stock forecast is as follows: an average price target of $0.10 (represents a -96.83% downside from PEGY’s last price of $3.15) and

PEGY Price Target

Pineapple Energy Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Apr 05, 2024	Donovan Schafer	Northland Securities	$0.10	$0.07	49.70%	-96.83%
Nov 29, 2022	-	Northland Securities	$5.70	$3.00	90.00%	80.95%

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The latest Pineapple Energy stock forecast, released on Apr 05, 2024 by Donovan Schafer from Northland Securities, set a price target of $0.10, which represents a 49.70% increase from the stock price at the time of the forecast ($0.07), and a -96.83% decrease from PEGY last price ($3.15).

Pineapple Energy Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$0.10
Last Closing Price	$3.15	$3.15	$3.15
Upside/Downside	-100.00%	-100.00%	-96.83%

In the current month, the average price target of Pineapple Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Pineapple Energy's last price of $3.15. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Pineapple Energy Financial Forecast

Pineapple Energy Revenue Forecast

	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Revenue	-	-	-	-	$19.44M	$29.54M	-	$22.07M	$17.18M	-	-	-	-	-	-	-
Avg Forecast	$23.20M	$24.70M	$20.90M	$18.90M	$20.40M	$20.60M	$21.35M	$16.00M	$13.96M	$13.30M	$12.50M	$9.70M	$11.40M	$19.00M	$18.10M	$15.50M
High Forecast	$23.20M	$24.70M	$20.90M	$18.90M	$20.40M	$20.60M	$21.35M	$16.00M	$13.96M	$13.30M	$12.50M	$9.70M	$11.40M	$19.00M	$18.10M	$15.50M
Low Forecast	$23.20M	$24.70M	$20.90M	$18.90M	$20.40M	$20.60M	$21.35M	$16.00M	$13.96M	$13.30M	$12.50M	$9.70M	$11.40M	$19.00M	$18.10M	$15.50M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	0.95%	1.43%	-	1.38%	1.23%	-	-	-	-	-	-	-

Pineapple Energy's average Quarter revenue forecast for Mar 24 based on 1 analysts is $18.90M, with a low forecast of $18.90M, and a high forecast of $18.90M. PEGY's average Quarter revenue forecast represents a -2.79% decrease compared to the company's last Quarter revenue of $19.44M (Dec 23).

Pineapple Energy EBITDA Forecast

	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	$-2.13M	$-2.33M	-	$54.52K	$-1.41M	-	-	-	-	-	-	-
Avg Forecast	$-7.79M	$-8.29M	$-7.02M	$-6.35M	$-6.85M	$-6.92M	$-7.17M	$-5.37M	$-4.69M	$-4.47M	$-4.20M	$-3.26M	$-3.83M	$-6.38M	$-6.08M	$-5.20M
High Forecast	$-7.79M	$-8.29M	$-7.02M	$-6.35M	$-6.85M	$-6.92M	$-7.17M	$-5.37M	$-4.69M	$-4.47M	$-4.20M	$-3.26M	$-3.83M	$-6.38M	$-6.08M	$-5.20M
Low Forecast	$-7.79M	$-8.29M	$-7.02M	$-6.35M	$-6.85M	$-6.92M	$-7.17M	$-5.37M	$-4.69M	$-4.47M	$-4.20M	$-3.26M	$-3.83M	$-6.38M	$-6.08M	$-5.20M
Surprise %	-	-	-	-	0.31%	0.34%	-	-0.01%	0.30%	-	-	-	-	-	-	-

1 analysts predict PEGY's average Quarter EBITDA for Jun 23 to be $-7.17M, with a high of $-7.17M and a low of $-7.17M. This is -13249.43% lower than Pineapple Energy's previous annual EBITDA (Mar 23) of $54.52K.

Pineapple Energy Net Income Forecast

	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	$-1.66M	$-2.36M	-	$-2.60M	$-539.50K	-	-	-	-	-	-	-
Avg Forecast	$-1.13B	$-658.30M	$-846.38M	$-940.43M	$-376.17M	$-376.17M	$-752.34M	$-493.72M	$-470.21M	$33.86M	-	$-18.81M	$-7.52M	$45.14M	$26.33M	$-18.81M
High Forecast	$-1.13B	$-658.30M	$-846.38M	$-940.43M	$-376.17M	$-376.17M	$-752.34M	$-493.72M	$-470.21M	$33.86M	-	$-18.81M	$-7.52M	$45.14M	$26.33M	$-18.81M
Low Forecast	$-1.13B	$-658.30M	$-846.38M	$-940.43M	$-376.17M	$-376.17M	$-752.34M	$-493.72M	$-470.21M	$33.86M	-	$-18.81M	$-7.52M	$45.14M	$26.33M	$-18.81M
Surprise %	-	-	-	-	0.00%	0.01%	-	0.01%	0.00%	-	-	-	-	-	-	-

Pineapple Energy's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. PEGY's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Pineapple Energy SG&A Forecast

	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	$6.63M	$7.15M	-	$8.06M	$6.42M	-	-	-	-	-	-	-
Avg Forecast	$138.44M	$147.39M	$124.72M	$112.78M	$121.73M	$122.93M	$127.40M	$95.48M	$83.30M	$79.36M	$74.59M	$57.88M	$68.03M	$113.38M	$108.01M	$92.49M
High Forecast	$138.44M	$147.39M	$124.72M	$112.78M	$121.73M	$122.93M	$127.40M	$95.48M	$83.30M	$79.36M	$74.59M	$57.88M	$68.03M	$113.38M	$108.01M	$92.49M
Low Forecast	$138.44M	$147.39M	$124.72M	$112.78M	$121.73M	$122.93M	$127.40M	$95.48M	$83.30M	$79.36M	$74.59M	$57.88M	$68.03M	$113.38M	$108.01M	$92.49M
Surprise %	-	-	-	-	0.05%	0.06%	-	0.08%	0.08%	-	-	-	-	-	-	-

Pineapple Energy's average Quarter SG&A projection for Mar 24 is $112.78M, based on 1 Wall Street analysts, with a range of $112.78M to $112.78M. The forecast indicates a 1601.14% rise compared to PEGY last annual SG&A of $6.63M (Dec 23).

Pineapple Energy EPS Forecast

	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	$-0.16	$-0.29	-	$-0.26	$-0.06	-	-	-	-	-	-	-
Avg Forecast	$-180.00	$-105.00	$-135.00	$-150.00	$-60.00	$-60.00	$-120.00	$-78.75	$-75.00	$5.40	-	$-3.00	$-1.20	$7.20	$4.20	$-3.00
High Forecast	$-180.00	$-105.00	$-135.00	$-150.00	$-60.00	$-60.00	$-120.00	$-78.75	$-75.00	$5.40	-	$-3.00	$-1.20	$7.20	$4.20	$-3.00
Low Forecast	$-180.00	$-105.00	$-135.00	$-150.00	$-60.00	$-60.00	$-120.00	$-78.75	$-75.00	$5.40	-	$-3.00	$-1.20	$7.20	$4.20	$-3.00
Surprise %	-	-	-	-	0.00%	0.00%	-	0.00%	0.00%	-	-	-	-	-	-	-

According to undefined Wall Street analysts, Pineapple Energy's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to PEGY previous annual EPS of $NaN (undefined).

Pineapple Energy Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
KPRX	Kiora Pharmaceuticals	$3.44	$120.00	3388.37%	Buy
PEGY	Pineapple Energy	$3.15	$0.10	-96.83%	-

PEGY Forecast FAQ

Will Pineapple Energy stock go up soon?

According to Wall Street analysts' prediction for PEGY stock, the company can go down by -96.83% (from the last price of $3.15 to the average price target of $0.1), down by -96.83% based on the highest stock price target, and down by -96.83% based on the lowest stock price target.

Can Pineapple Energy stock reach $5?

PEGY's average twelve months analyst stock price target of $0.1 does not support the claim that Pineapple Energy can reach $5 in the near future.

What are Pineapple Energy's analysts' financial forecasts?

PEGY's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $87.7M (high $87.7M, low $87.7M), average EBITDA is $-29.447M (high $-29.447M, low $-29.447M), average net income is $-3.574B (high $-3.574B, low $-3.574B), average SG&A $523.33M (high $523.33M, low $523.33M), and average EPS is $-570 (high $-570, low $-570).

Did the PEGY's actual financial results beat the analysts' financial forecasts?

Based on Pineapple Energy's last annual report (Dec 2023), the company's revenue was $79.63M, beating the average analysts forecast of $78.35M by 1.64%. Apple's EBITDA was $-7.467M, missing the average prediction of $-26.308M by -71.62%. The company's net income was $-8.132M, missing the average estimation of $-1.998B by -99.59%. Apple's SG&A was $29.07M, missing the average forecast of $467.54M by -93.78%. Lastly, the company's EPS was $-0.81, missing the average prediction of $-319 by -99.75%. In terms of the last quarterly report (Dec 2023), Pineapple Energy's revenue was $19.44M, missing the average analysts' forecast of $20.4M by -4.69%. The company's EBITDA was $-2.134M, missing the average prediction of $-6.85M by -68.85%. Pineapple Energy's net income was $-1.663M, missing the average estimation of $-376M by -99.56%. The company's SG&A was $6.63M, missing the average forecast of $121.73M by -94.55%. Lastly, the company's EPS was $-0.16, missing the average prediction of $-60 by -99.73%