CIPI Stock Overview
A technology-enabled vertically integrated sales, development, and fulfillment platform, focuses on providing distributed clean and resilient energy solutions in North America.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Correlate Energy Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.22 |
| 52 Week High | US$2.29 |
| 52 Week Low | US$0.05 |
| Beta | -0.39 |
| 11 Month Change | -56.00% |
| 3 Month Change | -21.46% |
| 1 Year Change | -87.68% |
| 33 Year Change | -42.12% |
| 5 Year Change | n/a |
| Change since IPO | -89.24% |
Recent News & Updates
Recent updates
Shareholder Returns
| CIPI | US Professional Services | US Market | |
|---|---|---|---|
| 7D | -12.0% | 1.6% | -1.9% |
| 1Y | -87.7% | 26.7% | 30.4% |
Return vs Industry: CIPI underperformed the US Professional Services industry which returned 26% over the past year.
Return vs Market: CIPI underperformed the US Market which returned 30.8% over the past year.
Price Volatility
| CIPI volatility | |
|---|---|
| CIPI Average Weekly Movement | 82.1% |
| Professional Services Industry Average Movement | 4.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: CIPI's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: CIPI's weekly volatility has increased from 52% to 82% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 19 | Flaviu Forgaciu | www.correlate.energy |
Correlate Energy Corp., a technology-enabled vertically integrated sales, development, and fulfillment platform, focuses on providing distributed clean and resilient energy solutions in North America. The company also offers consulting services on acquisitions and project development tools in the commercial solar industry. Its central management platform is a SaaS-based building relationship manager that connects data and solution applications for up to 90% faster energy decisions.
Correlate Energy Corp. Fundamentals Summary
| CIPI fundamental statistics | |
|---|---|
| Market cap | US$19.35m |
| Earnings (TTM) | -US$34.51m |
| Revenue (TTM) | US$5.65m |
3.0x
P/S Ratio-0.5x
P/E RatioIs CIPI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CIPI income statement (TTM) | |
|---|---|
| Revenue | US$5.65m |
| Cost of Revenue | US$6.01m |
| Gross Profit | -US$364.31k |
| Other Expenses | US$34.15m |
| Earnings | -US$34.51m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.45 |
| Gross Margin | -6.45% |
| Net Profit Margin | -610.79% |
| Debt/Equity Ratio | -62.3% |
How did CIPI perform over the long term?
See historical performance and comparison