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Solitron Devices ( (SODI) ) has provided an announcement.
Solitron Devices, Inc. announced record-breaking bookings for the fiscal 2026 third quarter, reaching $13.8 million, significantly higher than the $8.0 million in the same quarter of fiscal 2025. The company’s backlog for fiscal year 2026 stands at $29.0 million, compared to $12.3 million as of November 30, 2024, for fiscal year 2025. The increase in bookings is attributed to the receipt of the AMRAAM Lot 39 order and other substantial customer orders, although it did not include orders related to HiMARS or SM2/SM6. Solitron continues to see increased interest in new product development and remains optimistic about creating additional revenue sources.
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’ overall stock score is primarily influenced by its mixed financial performance and neutral technical indicators. The negative P/E ratio and lack of dividend yield further impact the valuation negatively. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on SODI stock, click here.
More about Solitron Devices
Solitron Devices, Inc., a Delaware corporation, designs, develops, manufactures, and markets solid state semiconductor components and related devices primarily for the military and aerospace markets. The Company manufactures a large variety of bipolar and metal oxide semiconductor power transistors, power and control hybrids, junction and power MOS field effect transistors, and other related products. Most of the Company’s products are custom made pursuant to contracts with customers whose end products are sold to the United States government.
Average Trading Volume: 1,957
Technical Sentiment Signal: Strong Buy
Current Market Cap: $36.02M
For detailed information about SODI stock, go to TipRanks’ Stock Analysis page.