- PainReform strengthens its portfolio with DeepSolar acquisition to boost AI-driven solar analytics.
- DeepSolar's SaaS model set to drive recurring revenue and lower operational costs for solar operators.
- Analysts predict substantial upside for PainReform with a consistent "Hold" rating.
PainReform (PRFX, Financial) has successfully concluded the acquisition of DeepSolar, a cutting-edge AI-driven solar analytics platform. This strategic move is designed to bolster DeepSolar's customer base and deepen its market presence, particularly focusing on utility-scale solar operators. DeepSolar employs a Software-as-a-Service (SaaS) model poised to generate recurring revenue streams, while promising to cut operational costs for its clients by up to 30%.
Wall Street Analysts' Forecasts
According to one-year price targets from a single analyst, PainReform Ltd (PRFX, Financial) holds an average target price of $12.00. Both the high and low estimates are consistent at this price, suggesting an expected significant upside potential of 385.83% from the current trading price of $2.47. For more comprehensive data on these estimates, please visit the PainReform Ltd (PRFX) Forecast page.
Furthermore, insights from one brokerage firm place PainReform Ltd (PRFX, Financial) at an average brokerage recommendation of 3.0, indicating a "Hold" status. This rating is part of a broader scale where 1 signifies a Strong Buy and 5 denotes a Sell, highlighting the current market's view on PainReform.
