SolarBank Co. (NASDAQ:SUUN - Free Report) - HC Wainwright upped their Q3 2025 EPS estimates for SolarBank in a note issued to investors on Tuesday, March 18th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings of $0.01 per share for the quarter, up from their previous estimate of ($0.01). HC Wainwright has a "Buy" rating and a $6.00 price objective on the stock. The consensus estimate for SolarBank's current full-year earnings is ($0.04) per share. HC Wainwright also issued estimates for SolarBank's Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.02 EPS, Q3 2026 earnings at $0.03 EPS, Q4 2026 earnings at $0.04 EPS, FY2027 earnings at $0.24 EPS, FY2028 earnings at $0.42 EPS and FY2029 earnings at $0.65 EPS.
SolarBank (NASDAQ:SUUN - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.04). SolarBank had a negative return on equity of 15.19% and a negative net margin of 10.64%. The business had revenue of $2.93 million during the quarter, compared to analyst estimates of $16.44 million.
SolarBank Stock Performance
NASDAQ:SUUN traded down $1.23 during trading hours on Wednesday, hitting $3.22. 653,775 shares of the company were exchanged, compared to its average volume of 85,952. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.91 and a quick ratio of 0.68. SolarBank has a 52-week low of $1.95 and a 52-week high of $7.50. The stock has a market capitalization of $104.13 million and a price-to-earnings ratio of -14.64. The company's 50 day moving average price is $3.71 and its 200-day moving average price is $3.33.
Hedge Funds Weigh In On SolarBank
A hedge fund recently raised its stake in SolarBank stock. Virtu Financial LLC grew its position in SolarBank Co. (NASDAQ:SUUN - Free Report) by 91.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,075 shares of the company's stock after purchasing an additional 11,051 shares during the period. Virtu Financial LLC owned approximately 0.07% of SolarBank worth $103,000 at the end of the most recent quarter.
About SolarBank
(
Get Free Report)
SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects.
Read More
Before you consider SolarBank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SolarBank wasn't on the list.
While SolarBank currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
