Orion Energy price target lowered to $1.50 from $2 at Craig-Hallum

Craig-Hallum lowered the firm’s price target on Orion Energy (OESX) to $1.50 from $2 and keeps a Buy rating on the shares. Orion Energy reported “mixed” Q4 results and a tempered outlook for fiscal 2026, the analyst tells investors in a research note. Orion has a path to higher revenues in both LED lighting and EV charging as it works towards demonstrating the operating leverage in its model, the firm says.