OESX Stock Summary and Trading Ideas (Orion Energy Systems | NASDAQ:OESX)

Orion Energy Systems Inc is engaged in light-emitting diode lighting systems, wireless Internet of Things-enabled control solutions, project engineering, energy project management design, maintenance services, and turnkey electric vehicle charging stations and related installation services to commercial and industrial businesses, and federal and local governments, predominantly in North America. The group has three segments: the Orion lighting segment, the Orion maintenance segment, and the Orion electric vehicle charging segment. It generates the majority of its revenue from the Orion lighting segment, which develops and sells lighting products and provides construction and engineering services for Orion's commercial lighting and energy management systems.

Orion Energy Systems trades on the NASDAQ stock market under the symbol OESX.

As of March 30, 2026, OESX stock price declined to $9.19 with 12,978 million shares trading.

OESX has a beta of 1.10, meaning it tends to be more sensitive to market movements. OESX has a correlation of 0.09 to the broad based SPY ETF.

OESX has a market cap of $37.25 million. This is considered a Sub-Micro Cap stock.

Last quarter Orion Energy Systems reported $21 million in Revenue and $.04 earnings per share. This beat revenue expectation by $436,200 and exceeded earnings estimates by $.12.

In the last 3 years, OESX traded as high as $21.10 and as low as $5.50.

The top ETF exchange traded funds that OESX belongs to (by Net Assets): VTI, VXF, DFSU, DCOR.

OESX has outperformed the market in the last year with a return of +20.9%, while the SPY ETF gained +13.5%. However, in the most recent history, OESX shares have underperformed the stock market with its stock returning -41.9% in the last 3 month period and -5.2% for the last 2 week period, while SPY has returned -7.6% and -3.7%, respectively.

OESX support price is $8.72 and resistance is $9.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OESX shares will trade within this expected range on the day.