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Pioneer Power Secures $10M Award for e-Boost Expansion

Story Highlights
  • Pioneer Power Solutions announced a $10 million award from a major U.S. CaaS company.
  • The partnership aims to expand EV charging solutions into new U.S., Canadian, and Mexican markets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pioneer Power Secures $10M Award for e-Boost Expansion

Elevate Your Investing Strategy:

Pioneer Power Solutions ( (PPSI) ) has issued an announcement.

On June 24, 2025, Pioneer Power Solutions announced a $10 million award from the largest U.S. Charging-as-a-Service company to accelerate the deployment of its e-Boost technology. This partnership aims to address grid infrastructure delays by providing fast, mobile EV charging solutions, marking a significant expansion for the CaaS company into new U.S., Canadian, and Mexican markets.

The most recent analyst rating on (PPSI) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Pioneer Power Solutions stock, see the PPSI Stock Forecast page.

Spark’s Take on PPSI Stock

According to Spark, TipRanks’ AI Analyst, PPSI is a Neutral.

Pioneer Power Solutions’ score is driven by its solid financial stability, despite facing significant profitability and cash flow challenges. The mixed technical indicators and negative valuation metrics further weigh on the score. Strong revenue growth and a robust backlog provide a positive outlook, yet operational inefficiencies and margin pressures remain key risks.

To see Spark’s full report on PPSI stock, click here.

More about Pioneer Power Solutions

Pioneer Power Solutions, Inc. is a leader in the design, manufacture, integration, and service of distributed energy resources, power generation equipment, and mobile electric charging solutions for utility, industrial, and commercial markets.

Average Trading Volume: 51,617

Technical Sentiment Signal: Sell

Current Market Cap: $29.25M

For an in-depth examination of PPSI stock, go to TipRanks’ Overview page.

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