Emeren price target lowered to $2 from $3 at Roth MKM

Roth MKM lowered the firm’s price target on Emeren (SOL) to $2 from $3 and keeps a Buy rating on the shares. The analyst cites the company’s Q4 earnings miss and weak 2025 outlook, noting that while it continues to appreciate the visibility of DSAs – Development Service Agreements – and looks for them to provide consistency and improved earnings quality over time, the firm also remains cautious as project pushouts continue to be a risk. The firm needs to see consistent execution in order to have confidence that the stock can trade closer to net asset value, Roth added.