Equities Analysts Issue Forecasts for SolarBank Q3 Earnings

SolarBank Co. (NASDAQ:SUUN) – HC Wainwright increased their Q3 2025 EPS estimates for shares of SolarBank in a report released on Tuesday, March 18th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings per share of $0.01 for the quarter, up from their previous forecast 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 Stock Up 0.5 %

SUUN stock opened at $4.45 on Wednesday. The company’s 50 day moving average price is $3.69 and its 200 day moving average price is $3.35. The firm has a market capitalization of $143.90 million and a price-to-earnings ratio of -20.23. SolarBank has a fifty-two week low of $1.95 and a fifty-two week high of $7.50. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.68 and a current ratio of 0.91.

SolarBank (NASDAQ:SUUN) 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). The company had revenue of $2.93 million for the quarter, compared to analysts’ expectations of $16.44 million. SolarBank had a negative return on equity of 15.19% and a negative net margin of 10.64%.

Institutional Investors Weigh In On SolarBank

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

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.