Project Announcement: TotalEnergies SE and Aljomaih Energy & Water won a tender to build a 400 MW solar plant in Saudi Arabia, which will power over 68,400 homes and is expected to connect to the grid in 2027.
Alignment with Vision 2030: The project supports Saudi Vision 2030's goal of achieving up to 50% renewable energy capacity by 2030, reinforcing TotalEnergies' commitment to the Saudi National Renewable Energy Program.
Company Strategy: TotalEnergies is focusing on energy production and supply, as evidenced by its recent sale of the GreenFlex subsidiary, while also projecting a 4% year-over-year increase in oil and gas production for Q3 2025.
Market Performance: TotalEnergies shares experienced a slight decline of 0.45% to $62.09 in premarket trading, with upcoming earnings results scheduled for October 30, 2025.
Wall Street analysts forecast EIPX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EIPX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast EIPX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EIPX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 27.980
Low
Averages
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Current: 27.980
Low
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High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
