Orion raises FY27 sales outlook to $100M-$102M after retailer project

  • Orion raised fiscal 2027 sales guidance after a longtime retailer’s follow-on LED project commitment.
  • $10 million-$15 million in fiscal 2027 sales is expected from the additional retail project.
  • Orion recently secured a second multimillion-dollar hyperscaler order for its MPHL2 LED Lighting solution.

Orion Energy Systems raised its fiscal 2027 sales outlook to $100 million-$102 million from $95 million-$97 million after a longtime U.S. retail customer made a follow-on commitment for an LED lighting project expected to contribute $10 million-$15 million in sales. The announcement sent OESX shares up 6.37% to $27.44 at the time of publication, according to Benzinga Pro data. Orion supplies LED lighting systems, wireless IoT-enabled controls, commercial and industrial EV charging infrastructure, and lighting and electrical maintenance services to customers across retail, manufacturing, warehousing and logistics, government, healthcare, and education. The company also recently secured a second multimillion-dollar order from a global hyperscaler for its MPHL2 LED Lighting solution, covering another data-center facility. Orion remains in a bullish technical trend, with the stock about 12% above its 20-day SMA of $24.10 and more than 55% above its 50-day SMA of $17.40, although a negative MACD histogram indicates cooling momentum. The shares are approaching their $31 52-week high set in September, with $27.50 identified as nearby resistance.

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