Analysts Boost Solaris Energy Infrastructure Targets to $65, $68, $61 and $56
Fourteen analysts rate Solaris Energy Infrastructure with 11 buys, 2 strong buys and one hold, driving an average 1-year target of $53.70. Piper Sandler, Citigroup, Morgan Stanley and Barclays have increased targets to $65, $56, $68 and $61 respectively after the company’s revenue and EPS beat.
1. Consensus Analyst Recommendations
Fourteen analysts currently cover Solaris Energy Infrastructure, resulting in an average recommendation of “Buy.” Of these, eleven assign a buy rating, two issue a strong buy, and one maintains a hold opinion. The one-year consensus target price stands at $53.70, indicating upside potential from current levels and reflecting confidence in the company’s midstream energy focus and income-generation profile.
2. Broker Target Price Revisions
Several major brokerages have raised their price objectives in recent months. Piper Sandler increased its target from $50.00 to $65.00 and reaffirmed an overweight rating on November 17. Citigroup boosted its objective from $38.00 to $56.00 with a buy rating on October 13. Morgan Stanley initiated coverage on December 2 with an overweight view and a $68.00 target. Barclays lifted its projection from $44.00 to $61.00 on November 5, also carrying an overweight recommendation.
3. Recent Earnings and Financial Metrics
In the quarter ended September 30, Solaris reported earnings per share of $0.32, beating the consensus estimate of $0.24 by $0.08. Revenue for the period reached $166.84 million versus Street expectations of $142.82 million. The company’s net margin stood at 7.02%, and return on equity was 9.38%. Balance sheet metrics include a current ratio of 2.39 and a debt-to-equity ratio of 0.69, underscoring strong liquidity and moderate leverage.
4. Insider and Institutional Activity
Major shareholder KTR Management sold 2,114,783 shares at an average of $50.15 per share for approximately $106.1 million on November 4. Director A.J. Teague purchased 2,310 shares at $43.13 on December 17, boosting his holding to 106,465 shares, a 2.22% increase. Insiders have sold a total of 2,164,094 shares valued at roughly $108.3 million in the last quarter, representing 21.20% insider ownership. Institutional investors hold 67.44% of the float, with VanEck Associates increasing its stake by 623.5% to 1,295,898 shares (worth $51.8 million), and new positions from Advent International ($40.2 million), Ceredex Value Advisors ($35.1 million), Goodlander Investment ($19.8 million) and Honeycomb Asset Management ($19.0 million).