HC Wainwright Issues Optimistic Outlook for OESX Earnings

Orion Energy Systems, Inc. (NASDAQ:OESX) – Equities researchers at HC Wainwright increased their Q2 2026 earnings per share estimates for shares of Orion Energy Systems in a note issued to investors on Thursday, August 7th. HC Wainwright analyst A. Dayal now expects that the electronics maker will post earnings of ($0.11) per share for the quarter, up from their previous forecast of ($0.13). HC Wainwright has a “Buy” rating and a $2.00 price target 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 ($0.05) EPS and FY2026 earnings at ($0.24) EPS.

Orion Energy Systems (NASDAQ:OESX) last announced its earnings results on Wednesday, August 6th. The electronics maker reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.01. The firm had revenue of $19.58 million for 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%.

Several other analysts also recently weighed in on OESX. Craig Hallum dropped their price target on Orion Energy Systems from $2.00 to $1.50 and set a “buy” rating on the stock in a research note on Friday, June 27th. Wall Street Zen initiated coverage on Orion Energy Systems in a research note on Thursday, May 22nd. They set a “hold” rating on the stock.

Orion Energy Systems Stock Up 1.6%

Orion Energy Systems stock opened at $0.69 on Monday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.84 and a current ratio of 1.23. The business’s 50-day simple moving average is $0.60 and its two-hundred day simple moving average is $0.70. The company has a market cap of $22.95 million, a PE ratio of -2.38 and a beta of 1.16. Orion Energy Systems has a fifty-two week low of $0.55 and a fifty-two week high of $1.04.

Institutional Trading of Orion Energy Systems

Hedge funds have recently modified their holdings of the stock. Mariner LLC purchased a new stake in shares of Orion Energy Systems in the fourth quarter worth about $35,000. Grace & White Inc. NY boosted its stake in shares of Orion Energy Systems by 1.4% in the first quarter. Grace & White Inc. NY now owns 2,784,586 shares of the electronics maker’s stock worth $2,008,000 after buying an additional 39,042 shares during the last quarter. Thompson Davis & CO. Inc. purchased a new stake in shares of Orion Energy Systems in the first quarter worth about $66,000. Finally, US Bancorp DE boosted its stake in shares of Orion Energy Systems by 5.1% in the first quarter. US Bancorp DE now owns 799,508 shares of the electronics maker’s stock worth $577,000 after buying an additional 39,042 shares during the last quarter. Hedge funds and other institutional investors own 52.59% of the company’s stock.

Orion Energy Systems Company Profile

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).