3 posts and columns on Evergreen Solar

Evergreen Solar: Piper Downgrades, Cuts Target

in News on February 6, 2009 at 10:54 am PT

Piper Jaffray’s Jesse Pichel chopped his target price for Evergreen Solar in half this morning, from $5 to $2.50, after disappointing Q4 results. His cautious approach is also a result of what he sees as a possible lack of resources to execute expansion and outsourcing plans in Asia.

Evergreen Solar Q3 Revenues Light; Q4 Outlook Mixed

in News on October 16, 2008 at 4:04 pm PT

Evergreen Solar (ESLR) posted third-quarter revenue of $18.19 million, well short of the Street consensus of $24.98 million. The company lost four cents a share in the quarter, less than the Street estimate of a loss of 10 cents a share.

Solar Module Prices to Drop 20 Percent in ’09, UBS Says

in News on August 11, 2008 at 1:16 pm PT

Sunshine is free. Solar modules are not. But they are getting cheaper: UBS analyst Stephen Chin today revised his forecast for solar module pricing to down 20 percent from a previous estimate of down 14 percent.