Wall Street Analysts Think Orion Energy Systems (OESX) Could Surge 143.91%: Read This Before Placing a Bet

Group 1 - Orion Energy Systems, Inc. (OESX) closed at $7.31, with a 21.9% gain over the past four weeks, and a mean price target of $17.83 suggests a 143.9% upside potential [1] - The mean estimate includes three short-term price targets with a standard deviation of $2.57, indicating variability among analysts; the lowest estimate is $15.00 (105.2% increase), while the highest is $20.00 (173.6% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price movements, as the Zacks Consensus Estimate has increased by 33.9% [11][12] Group 2 - OESX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential upside [13] - While the consensus price target may not be a reliable indicator of the extent of gains, it does provide a directional guide for price movement [14]