Amit Dayal Reiterates Buy on Pioneer Power Solutions, Keeps $12 Price Target Amid Margin Rebound and Emerging Growth Platforms

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2026.05.19 10:25
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Analyst Amit Dayal of H.C. Wainwright maintains a Buy rating on Pioneer Power Solutions with a $12 price target, citing improving fundamentals and growth platforms. Despite a revenue decline, gross margins have rebounded, and operating losses narrowed. Key factors include a $6 million contract, cost reductions, and a solid balance sheet. Dayal, a 4-star analyst, emphasizes the company's potential for revenue growth in the next 12–18 months.