Key Highlights:
- Power Solutions International (PSIX, Financial) is poised to make significant index additions, enhancing its market visibility.
- Wall Street analysts set a one-year price target of $37.00 for PSIX, indicating a potential downside.
- The company has been rated "Outperform" by analysts, reflecting positive market sentiment.
Power Solutions International (PSIX) is gaining traction in the investment community with its forthcoming inclusion in several influential stock indexes. The company's anticipated entry into the Russell 3000, Russell 2000, and Russell Microcap indexes, as per preliminary listings by FTSE Russell, is set to take effect on June 30, 2025. Furthermore, PSIX's addition to the MSCI US Small Cap Index on May 30 underscores its growing prominence and is likely to increase its visibility among investors.
Wall Street Analysts' Insights
Currently, Power Solutions International Inc (PSIX, Financial) has an average one-year price target of $37.00, according to estimates from a single analyst. The target spans a high, low, and average of $37.00, indicating a uniform expectation. Notably, this price target suggests a potential downside of 22.76% from its current trading price of $47.90. Investors seeking to explore more detailed projections can visit the Power Solutions International Inc (PSIX) Forecast page for comprehensive data.
The consensus from one brokerage firm positions PSIX with an average recommendation rating of 2.0, signifying an "Outperform" status. This rating is part of a scale ranging from 1 to 5, where 1 indicates a Strong Buy and 5 denotes a Sell. This optimistic rating reflects confidence in the company's performance and potential, despite the noted price target downside.
