HC Wainwright Has Positive Outlook of SolarBank Q3 Earnings

SolarBank Co. (NASDAQ:SUUN) – Research analysts at HC Wainwright boosted their Q3 2025 earnings per share estimates for shares of SolarBank in a report issued 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 currently has a “Buy” rating and a $6.00 target price 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 Down 3.3 %

SUUN stock opened at $4.35 on Wednesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.68 and a current ratio of 0.91. The company has a market capitalization of $140.67 million and a price-to-earnings ratio of -19.77. SolarBank has a fifty-two week low of $1.95 and a fifty-two week high of $7.50. The stock has a fifty day moving average of $3.60 and a 200-day moving average of $3.33.

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 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.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SolarBank stock. Virtu Financial LLC lifted its position in shares of SolarBank Co. (NASDAQ:SUUN) by 91.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 23,075 shares of the company’s stock after acquiring an additional 11,051 shares during the quarter. Virtu Financial LLC owned approximately 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.