HC Wainwright Has Bullish Forecast for SolarBank Q3 Earnings

SolarBank Co. (NASDAQ:SUUN) – HC Wainwright upped their Q3 2025 earnings per share (EPS) estimates for shares of SolarBank in a research note issued to investors on Tuesday, March 18th. HC Wainwright analyst A. Dayal now forecasts that the company will earn $0.01 per share for the quarter, up from their prior forecast of ($0.01). HC Wainwright currently 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 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 Stock Up 0.5 %

Shares of NASDAQ:SUUN opened at $4.45 on Wednesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.91 and a quick ratio of 0.68. The stock has a market cap of $143.90 million and a P/E ratio of -20.23. SolarBank has a 1-year low of $1.95 and a 1-year high of $7.50. The firm has a fifty day moving average price of $3.69 and a 200 day moving average price of $3.35.

SolarBank (NASDAQ:SUUN) last announced its earnings results on Wednesday, February 19th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $16.44 million.

Institutional Investors Weigh In On SolarBank

A hedge fund recently raised its stake in SolarBank stock. Virtu Financial LLC raised its stake in shares of SolarBank Co. (NASDAQ:SUUN) by 91.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,075 shares of the company’s stock after acquiring an additional 11,051 shares during the period. Virtu Financial LLC owned approximately 0.07% of SolarBank worth $103,000 as of its most recent SEC filing.

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.