On May 22, 2025, Citigroup, led by analyst Scott Gruber, announced the initiation of coverage on Solaris Energy (SEI, Financial) with a "Buy" rating. The financial services company has set a price target of $32.00 USD for the stock.
This marks the first coverage of Solaris Energy (SEI, Financial) by Citigroup, as there was no adjusted prior price target or rating available. The strategic move by Citigroup reflects their optimistic outlook on the future performance of Solaris Energy.
The coverage initiation comes as part of Citigroup's broader analysis in the renewable energy sector, with a focus on companies like Solaris Energy (SEI, Financial) that are positioned for growth in the current market environment.
Investors may find the "Buy" rating significant, as it underscores confidence from major financial analysts in the potential business trajectory of Solaris Energy (SEI, Financial).
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 37.87% from the current price of $21.73. 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.
