Emeren Group (SOL)

• Market cap: $103M
• 1 day: -1.47%
• 5 days: 3.08%
• 1 month: 0.50%
• 3 months: -21.48%
• 6 months: 10.44%
• Year to date: -2.43%
• 1 year: -2.43%
• 5 years: 44.60%
• 10 years: -67.58%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: Emeren Group Ltd is a renewable energy producer. Its portfolio consists of solar projects and Independent Power Producer (IPP) assets, and it also has global Battery Energy Storage System (BESS) capacity. The group specializes in the solar project lifecycle, development, and from construction to financing. It has three reportable segments; Solar power project development, EPC services, and Electricity generation. The company generates maximum revenue from Poland.

Employees: 197

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,213% more call options, than puts

Call options by funds: $407K | Put options by funds: $31K

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

80% more capital invested

Capital invested by funds: $33.1M [Q2] → $59.6M (+$26.5M) [Q3]

14% more funds holding

Funds holding: 37 [Q2] → 42 (+5) [Q3]

0.45% more ownership

Funds ownership: 3.86% [Q2] → 4.31% (+0.45%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

46% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 13

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $6 199% upside
• Avg. target: $6.50 223% upside
• High target: $7 248% upside

2 analyst ratings

• positive: 1 50%
• neutral: 0 0%
• negative: 1 50%

BWS Financial	199% upside $6	Sell Maintained	16 Dec 2024
HC Wainwright & Co. Amit Dayal 43% 1-year accuracy 47 / 110 met price target	248% upside $7	Buy Reiterated	15 Nov 2024