Barclays Maintains Buy on Solaris (SEI) With $44 Price Target

Solaris Energy Infrastructure Inc. (NYSE:SEI) is one of the best multibagger stocks to invest in right now. On September 3, Barclays analyst David Anderson reiterated a Buy rating on Solaris Energy Infrastructure (NYSE:SEI) with an unchanged $44 price target.

This stance by the analyst follows his July 28 decision to lift the target from $39 after the company delivered strong Q2 results and raised Q3 EBITDA guidance.

Barclays Maintains Buy on Solaris (SEI) With $44 Price Target

Anderson described the quarter as impressive, noting that the bigger takeaway lies in growing recognition of a looming power shortage. He argued that distributed power solutions remain one of the most effective ways to participate in the broader equipment cycle, positioning Solaris as a beneficiary of this structural shift.

The reaffirmed rating and target reflect confidence in both near-term execution and longer-term demand tailwinds, as investors increasingly focus on companies leveraged to distributed energy infrastructure.

Since Anderson’s July update to raise the price target, Solaris Energy Infrastructure Inc.’s (NYSE:SEI) stock has witnessed greater volatility and declined by around 17%. However, the consensus 12-month median price target still reflects a substantial 74% potential upside.

Solaris Energy Infrastructure Inc. (NYSE:SEI) develops and operates distributed energy solutions, including power generation and storage systems.

While we acknowledge the potential of SEI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SEI and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Most Shorted Stocks Right Now and 10 Best High Beta Stocks To Buy Now.

Disclosure: None. This article is originally published at Insider Monkey.