
PPSI Stock Forecast & Price Target
PPSI Analyst Ratings
Bulls say
Pioneer Power Solutions Inc. is forecasting a significant increase in gross margins, anticipated to rise from approximately 25.5% to over 27.0% within the next several quarters, reflecting improved operational efficiency. The company projects robust revenue growth, with an increase from an estimated $53.8 million in 2024 to $220.4 million by 2033, representing a compound annual growth rate (CAGR) of 16.9%. Backed by a substantial backlog of $46 million—a 36% sequential increase at the end of 4Q23—the outlook suggests strong future demand, particularly driven by the growing electric vehicle infrastructure supported by the e-Boost product line.
Bears say
Pioneer Power Solutions Inc. reported a decline in revenues of 19% year-over-year for the fourth quarter of 2023, amounting to $7.7 million, which fell significantly short of the expected $11.6 million and the previous quarter's $9.5 million. The company's gross margins were adversely affected by order pushouts totaling approximately $5 million to 2024, resulting in a net loss of $689,000 compared to a net income of $948,000 in the prior year’s fourth quarter. Additionally, Pioneer faces multiple risks including customer concentration, dilution, and global supply-chain delays, which may further complicate its financial outlook.
This aggregate rating is based on analysts' research of Pioneer Power Solutions and is not a guaranteed prediction by Public.com or investment advice.
PPSI Analyst Forecast & Price Prediction
Start investing in PPSI
Order type
Buy in
Order amount
Est. shares
0 shares