HC Wainwright Issues Pessimistic Outlook for OESX Earnings

Orion Energy Systems, Inc. (NASDAQ:OESX) – Research analysts at HC Wainwright decreased their Q2 2026 earnings per share (EPS) estimates for shares of Orion Energy Systems in a note issued to investors on Tuesday, September 16th. HC Wainwright analyst A. Dayal now anticipates that the electronics maker will post earnings of ($1.13) per share for the quarter, down from their prior forecast of ($1.10). HC Wainwright currently 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’ Q3 2026 earnings at ($0.54) EPS, Q4 2026 earnings at ($0.37) EPS, FY2026 earnings at ($2.41) EPS and FY2027 earnings at ($0.81) EPS.

A number of other research analysts have also recently weighed in on OESX. Craig Hallum lowered their price objective on Orion Energy Systems from $20.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, June 27th. Wall Street Zen began coverage on Orion Energy Systems in a research report on Thursday, May 22nd. They set a “hold” rating on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $17.50.

Orion Energy Systems Stock Down 2.3%

OESX stock opened at $8.93 on Thursday. Orion Energy Systems has a twelve month low of $5.50 and a twelve month high of $10.35. The company has a quick ratio of 0.84, a current ratio of 1.23 and a debt-to-equity ratio of 0.75. The stock has a market cap of $29.74 million, a P/E ratio of -3.08 and a beta of 0.90. The business’s 50-day moving average price is $6.81 and its 200-day moving average price is $6.87.

Orion Energy Systems (NASDAQ:OESX) last released its quarterly earnings results on Wednesday, August 6th. The electronics maker reported ($0.40) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.50) by $0.10. The business had revenue of $19.58 million during the quarter, compared to the consensus estimate of $20.00 million. Orion Energy Systems had a negative return on equity of 62.99% and a negative net margin of 11.70%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Grace & White Inc. NY lifted its holdings 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 purchasing an additional 99,499 shares in the last quarter. Thompson Davis & CO. Inc. purchased a new position in Orion Energy Systems in the 1st quarter worth approximately $66,000. Finally, US Bancorp DE lifted its holdings in Orion Energy Systems by 5.1% in the 1st quarter. US Bancorp DE now owns 799,508 shares of the electronics maker’s stock worth $577,000 after purchasing an additional 39,042 shares in the last quarter. 52.59% of the stock is owned by hedge funds and other institutional investors.

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).