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Home โบ Stocks โบ Erayak Power Solution Group Inc. (RAYA) Stock Forecast & Price Prediction China | NASDAQ | Industrials | Electrical Equipment & Parts
$1.45
-0.09 (-5.84%)10 Quality Stocks Worth Considering Now
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RAYA has shown a year-to-date change of 6.6% and a 1-year change of 90.8%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for RAYA. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for RAYA.
Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to Erayak based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Erayak Power Solution Group Inc. has a market capitalization of $65.14M with a P/E ratio of 15.8x. The company generates $30.30M in trailing twelve-month revenue with a -3.7% profit margin.
Revenue growth is +68.8% quarter-over-quarter, while maintaining an operating margin of -0.9% and return on equity of -4.8%.
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Provides innovative energy solutions and power generation.
The company manufactures and supplies generators and mobile power stations, generating revenue through sales to various industries, including construction and emergency response. By focusing on environmentally-friendly products, it meets customer demands while contributing to sustainable energy practices.
Erayak services a broad range of sectors where reliable power is essential, positioning itself as a key player in the power equipment market. Its emphasis on innovation not only enhances product efficiency but also supports off-grid power solutions.
Industrials
Electrical Equipment & Parts
360
Mr. Lingyi Kong
China
2022
Erayak Power Solution Group Inc. (Nasdaq: RAYA) received a notice from Nasdaq for non-compliance with the minimum $1.00 bid price requirement, with a 180-day period to regain compliance by May 13, 2024.
Erayak faces potential delisting from Nasdaq due to low share price, impacting investor confidence and stock liquidity. The company has until May 2024 to address this issue.
Erayak Power Solution Group Inc. (Nasdaq: RAYA) will participate in two conferences in October 2023, highlighting its role in the power supply industry.
Erayak's participation in key conferences may increase visibility and attract potential investors, signaling growth opportunities and strategic engagement in the power supply sector.
Erayak Power Solution Group Inc. (Nasdaq: RAYA) is in discussions with potential strategic partners to expand its market opportunities and product reach, according to a Sept. 28, 2023 announcement.
Erayak's discussions with strategic partners may enhance market growth and product expansion, potentially increasing revenue and stock value, which is critical for investor confidence.
Erayak Power Solution Group Inc. (Nasdaq: RAYA) plans to expand its business operations and distribution in the Middle East and South Asia, enhancing its market presence.
Erayak's expansion into the Middle East and South Asia could drive revenue growth and market share, boosting investor confidence and potentially increasing stock value.
Erayak Power Solution Group Inc. (Nasdaq: RAYA) showcased its DBS Portable Power Station Series at the Wenzhou Bay festival from July 21-23, promoting its products in the power supply sector.
Erayak's participation in a prominent festival highlights its brand visibility and product innovation, potentially driving sales and investor confidence in its growth trajectory.
The Company is hosting a real-time, interactive presentation at the Skyline Signature Seriesโข, inviting individual and institutional investors, advisors, and analysts to participate.
The invitation to a real-time presentation signals transparency and engagement, potentially boosting investor confidence and interest in the company's performance and strategies.
Analyst forecasts for Erayak Power Solution Group Inc. (RAYA) are not currently available. The stock is trading at $1.45.
Analyst ratings for RAYA are not currently available. The stock is currently trading at $1.45. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for RAYA are not currently available. The stock is trading at $1.45.
The company manufactures and supplies generators and mobile power stations, generating revenue through sales to various industries, including construction and emergency response. By focusing on environmentally-friendly products, it meets customer demands while contributing to sustainable energy practices.
Price targets from Wall Street analysts for RAYA are not currently available. The stock is trading at $1.45.
Price targets from Wall Street analysts for RAYA are not currently available. The stock is trading at $1.45.
Analyst ratings for RAYA are not currently available. The stock is trading at $1.45.
Stock price projections, including those for Erayak Power Solution Group Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.