SolarBank FY2025 EPS Forecast Increased by HC Wainwright

SolarBank Co. (NASDAQ:SUUN) – Equities researchers at HC Wainwright boosted their FY2025 earnings per share estimates for SolarBank in a research report issued on Tuesday, March 18th. HC Wainwright analyst A. Dayal now forecasts that the company will earn ($0.01) per share for the year, up from their prior estimate of ($0.04). HC Wainwright has a “Buy” rating and a $6.00 price target 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 Q4 2025 earnings at $0.02 EPS.

SolarBank (NASDAQ:SUUN) last released its quarterly earnings results on Wednesday, February 19th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). SolarBank had a negative net margin of 10.64% and a negative return on equity of 15.19%. The business had revenue of $2.93 million for the quarter, compared to analysts’ expectations of $16.44 million.

SolarBank Stock Performance

Shares of NASDAQ SUUN opened at $4.45 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.68 and a debt-to-equity ratio of 0.92. SolarBank has a 12-month low of $1.95 and a 12-month high of $7.50. The firm has a market capitalization of $143.90 million and a price-to-earnings ratio of -20.23. The firm has a 50 day moving average of $3.69 and a 200 day moving average of $3.35.

Institutional Investors Weigh In On SolarBank

A hedge fund recently raised its stake in SolarBank stock. Virtu Financial LLC boosted its stake in shares of SolarBank Co. (NASDAQ:SUUN) by 91.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,075 shares of the company’s stock after purchasing an additional 11,051 shares during the period. Virtu Financial LLC owned about 0.07% of SolarBank worth $103,000 at the end of the most recent quarter.

About SolarBank

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.