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Investing.com - Piper Sandler has raised its price target on Solaris Energy Infrastructure (NYSE:SEI) to $65.00 from $50.00 while maintaining an Overweight rating on the stock.
The stock has underperformed recently, falling 17% over the past month compared to the S&P 500’s 1% gain, despite the company’s strong fundamental position in the data center power solutions market.
Solaris Energy Infrastructure has announced a 500MW capacity expansion, which will increase its total capacity to 2.2GW by early 2028, with 900MW of available capacity positioning the company to secure its second data center contract.
The company has secured funding through convertible offerings and a joint venture term loan to reach its 2.2GW capacity target, providing clear earnings visibility supported by long-duration contracts with initial 7-year terms and 15-year operational life.
Piper Sandler considers the current valuation of $1.4 million enterprise value per megawatt compelling compared to its target of $2.5 million enterprise value per megawatt, despite recent technical headwinds from market indigestion following a $100 million insider stock sale.
In other recent news, Solaris Oilfield Infrastructure Inc reported its third-quarter 2025 earnings, showing a mixed performance. The company slightly missed its earnings per share (EPS) target, posting $0.32 compared to the forecasted $0.33. However, Solaris Oilfield exceeded revenue expectations, achieving $167 million against a projected $140.48 million, marking an 18.88% increase over estimates. This revenue beat highlights a strong financial performance, despite the minor shortfall in EPS. These developments come amidst varied investor reactions. The earnings results are crucial for investors as they assess the company’s financial health. Analysts and investors will likely keep a close watch on Solaris Oilfield’s future performance following these recent updates.
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