Solaris Energy (SEI, Financial) has been given an Outperform rating as Northland analyst Bobby Brooks begins coverage of the company. Alongside this positive outlook, Brooks has set a price target of $37 for the stock.
Solaris Energy specializes in providing mobile natural gas power generation solutions. This capability positions the company to capitalize on the significant demand increase from AI-driven data centers. According to Brooks, this surge in demand represents a substantial opportunity for Solaris.
The analyst highlights that Solaris’ mobile and modular off-grid power solutions are well-suited to meet the challenges presented by the rapid growth in data center needs driven by artificial intelligence. Additionally, these solutions offer a strategic response to the limitations of the current U.S. power grid.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Solaris Energy Infrastructure Inc (SEI, Financial) is $13.50 with a high estimate of $14.00 and a low estimate of $13.00. The average target implies an downside of 23.81% from the current price of $17.72. More detailed estimate data can be found on the Solaris Energy Infrastructure Inc (SEI) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Solaris Energy Infrastructure Inc's (SEI, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
