Solaris Energy (SEI) Climbs to All-Time High on Newly Bagged Deal

We recently published 10 Market Beasts Leaving Wall Street in the Dust. Solaris Energy Infrastructure Inc. (NYSE:SEI) was one of the best performers on Friday.

Solaris Energy soared to a new all-time high on Friday as investors took heart from a new partnership with Hatchbo LLC for the supply of power generation equipment for the latter’s AI computing needs.

At intra-day trading, the stock climbed to its highest price of $61.36 before trimming gains to finish the session just up by 10.03 percent at $56.63 apiece.

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Energy transmission lines. Photo by Snapwire on Pexels

In a regulatory filing, Solaris Energy Infrastructure Inc. (NYSE:SEI) said that its subsidiary, Solaris Power Solutions, entered into a 10-year rental agreement with Hatchbo for the supply of 500 MW of power generation equipment for its data centers, with the option to tap another five-year extension. The lease contract would begin on January 1, 2027.

In other developments, Solaris Energy Infrastructure Inc. (NYSE:SEI) is set to announce the results of its earnings performance for the full-year and fourth quarter of 2025 before market hours on Wednesday, February 25.

For the fourth quarter, Solaris Energy Infrastructure Inc. (NYSE:SEI) is targeting total adjusted EBITDA of $65 million to $70 million, up from the prior guidance of $58 million to $63 million.

While we acknowledge the risk and potential of SEI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SEI and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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