HC Wainwright Issues Positive Estimate for OESX Earnings

Orion Energy Systems, Inc. (NASDAQ:OESX) – Research analysts at HC Wainwright lifted their Q3 2026 earnings per share (EPS) estimates for Orion Energy Systems in a report released on Thursday, November 6th. HC Wainwright analyst A. Dayal now expects that the electronics maker will post earnings of ($0.26) per share for the quarter, up from their prior estimate of ($0.54). HC Wainwright has a “Buy” rating and a $20.00 price objective on the stock. The consensus estimate for Orion Energy Systems’ current full-year earnings is ($0.32) per share. HC Wainwright also issued estimates for Orion Energy Systems’ Q4 2026 earnings at ($0.03) EPS, FY2026 earnings at ($0.84) EPS, FY2027 earnings at ($0.45) EPS, FY2028 earnings at $0.16 EPS and FY2030 earnings at $1.29 EPS.

Orion Energy Systems (NASDAQ:OESX) last released its quarterly earnings results on Wednesday, November 5th. The electronics maker reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.72) by $0.55. Orion Energy Systems had a negative return on equity of 62.99% and a negative net margin of 11.70%.The business had revenue of $19.92 million during the quarter, compared to the consensus estimate of $20.30 million. Orion Energy Systems has set its FY 2026 guidance at EPS.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Orion Energy Systems in a research report on Tuesday, October 14th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Orion Energy Systems currently has an average rating of “Hold” and a consensus target price of $17.50.

Orion Energy Systems Stock Performance

NASDAQ:OESX opened at $10.18 on Monday. The company has a current ratio of 1.23, a quick ratio of 0.84 and a debt-to-equity ratio of 0.75. The firm has a 50-day moving average price of $8.80 and a two-hundred day moving average price of $7.27. Orion Energy Systems has a twelve month low of $5.50 and a twelve month high of $10.27. The company has a market capitalization of $35.95 million, a P/E ratio of -3.51 and a beta of 1.04.

Institutional Investors Weigh In On Orion Energy Systems

Several hedge funds have recently modified their holdings of the company. Thompson Davis & CO. Inc. acquired a new position in shares of Orion Energy Systems in the first quarter valued at approximately $66,000. US Bancorp DE boosted its position in Orion Energy Systems by 5.1% during the first quarter. US Bancorp DE now owns 799,508 shares of the electronics maker’s stock worth $577,000 after acquiring an additional 39,042 shares during the last quarter. Finally, Grace & White Inc. NY grew its stake in Orion Energy Systems by 3.6% in the 2nd quarter. Grace & White Inc. NY now owns 2,884,085 shares of the electronics maker’s stock worth $1,731,000 after acquiring an additional 99,499 shares during the period. 52.59% of the stock is owned by institutional investors and hedge funds.

About Orion Energy Systems

Orion Energy Systems, Inc, together with its subsidiaries, researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, area lighting, industrial applications, and government in North America and Germany. It operates in three segments: Lighting, Maintenance, and Electric Vehicle (EV).