This article first appeared on GuruFocus.

Orion Energy Systems Inc (NASDAQ:OESX) is set to release its Q2 2026 earnings on Nov 5, 2025. The consensus estimate for Q2 2026 revenue is $20.60 million, and the earnings are expected to come in at -$0.70 per share. The full year 2026's revenue is expected to be $83.40 million, and the earnings are expected to be -$1.87 per share. More detailed estimate data can be found on the Forecast page.

Warning! GuruFocus has detected 5 Warning Signs with OESX.

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Revenue estimates for Orion Energy Systems Inc (NASDAQ:OESX) have declined from $83.75 million to $83.40 million for the full year 2026. For 2027, revenue estimates have decreased from $97.35 million to $94.60 million over the past 90 days. Earnings estimates for the full year 2026 have increased from -$2.50 per share to -$1.87 per share, while for 2027, they have remained flat at -$0.80 per share over the past 90 days.

In the previous quarter ending on 2025-06-30, Orion Energy Systems Inc's (NASDAQ:OESX) actual revenue was $19.58 million, which missed analysts' revenue expectations of $19.83 million by -1.29%. Orion Energy Systems Inc's (NASDAQ:OESX) actual earnings were -$0.40 per share, which beat analysts' earnings expectations of -$0.57 per share by 29.45%. After releasing the results, Orion Energy Systems Inc (NASDAQ:OESX) was up by 21.03% in one day.

Based on the one-year price targets offered by 3 analysts, the average target price for Orion Energy Systems Inc (NASDAQ:OESX) is $12.28 with a high estimate of $20.00 and a low estimate of $1.85. The average target implies an upside of 29.71% from the current price of $9.47.

Based on GuruFocus estimates, the estimated GF Value for Orion Energy Systems Inc (NASDAQ:OESX) in one year is $10.47, suggesting an upside of 10.56% from the current price of $9.47.

Based on the consensus recommendation from 3 brokerage firms, Orion Energy Systems Inc's (NASDAQ:OESX) average brokerage recommendation is currently 1.7, indicating an \\"Outperform\\" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.