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The latest announcement is out from Solitron Devices ( (SODI) ).
Solitron Devices, Inc. reported an 11% increase in net sales to $3.99 million for the fiscal 2026 second quarter compared to the previous year, with a significant 147% rise in net bookings. Despite the sales growth, the company experienced a net loss of $0.23 million, attributed to a one-time stock grant and stock option accruals. The backlog reached a record $18.64 million, and the company anticipates further orders in the coming quarters. Challenges included tariffs impacting gross margins, but interest in new product development, such as silicon carbide, remains strong.
The most recent analyst rating on (SODI) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Solitron Devices stock, see the SODI Stock Forecast page.
Spark’s Take on SODI Stock
According to Spark, TipRanks’ AI Analyst, SODI is a Neutral.
Solitron Devices faces challenges in profitability and valuation, with a significant recent decline in sales and income. Despite strong financial fundamentals and potential future opportunities, current valuation and recent corporate events weigh on the overall score.
To see Spark’s full report on SODI stock, click here.
More about Solitron Devices
Solitron Devices, Inc. operates in the electronics industry, focusing on the design and manufacture of solid-state semiconductor components and related devices. The company primarily serves the aerospace, defense, and industrial markets.
Average Trading Volume: 1,659
Technical Sentiment Signal: Buy
Current Market Cap: $34.88M
See more insights into SODI stock on TipRanks’ Stock Analysis page.