HC Wainwright Issues Positive Outlook for SolarBank Earnings

SolarBank Co. (NASDAQ:SUUN) – Stock analysts at HC Wainwright lifted their FY2025 earnings estimates for SolarBank in a report issued on Tuesday, March 18th. HC Wainwright analyst A. Dayal now anticipates that the company will earn ($0.01) per share for the year, up from their prior forecast of ($0.04). HC Wainwright currently 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 Q4 2025 earnings at $0.02 EPS.

SolarBank Stock Performance

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

SolarBank (NASDAQ:SUUN) last issued its 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). The firm had revenue of $2.93 million during the quarter, compared to the consensus estimate of $16.44 million. SolarBank had a negative return on equity of 15.19% and a negative net margin of 10.64%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SolarBank stock. Virtu Financial LLC grew its stake in shares of SolarBank Co. (NASDAQ:SUUN) by 91.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,075 shares of the company’s stock after buying an additional 11,051 shares during the period. Virtu Financial LLC owned 0.07% of SolarBank worth $103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.