FY2026 EPS Estimates for PowerBank Cut by Zacks Small Cap

Key Points

• Zacks Small Cap has revised its FY2026 earnings per share (EPS) estimates for PowerBank, lowering the forecast from $0.03 to $0.01.
• PowerBank recently announced quarterly earnings of $0.08 EPS, surpassing analysts' expectations of ($0.03), but its revenue of $12.14 million fell short of the expected $21.94 million.
• Despite mixed ratings from analysts, PowerBank's current average rating is "Moderate Buy" with a price target of $5.00, while shares experienced a decline of 5.1% recently.

PowerBank Corporation (NASDAQ:SUUN - Free Report) - Investment analysts at Zacks Small Cap dropped their FY2026 earnings per share (EPS) estimates for shares of PowerBank in a report issued on Thursday, October 9th. Zacks Small Cap analyst B. Lantier now expects that the company will post earnings of $0.01 per share for the year, down from their prior forecast of $0.03. The consensus estimate for PowerBank's current full-year earnings is ($0.04) per share. Zacks Small Cap also issued estimates for PowerBank's Q4 2026 earnings at $0.09 EPS, Q1 2027 earnings at $0.01 EPS, Q2 2027 earnings at $0.01 EPS, Q3 2027 earnings at $0.00 EPS, Q4 2027 earnings at $0.06 EPS and FY2027 earnings at $0.08 EPS.

PowerBank (NASDAQ:SUUN - Get Free Report) last announced its quarterly earnings data on Thursday, October 2nd. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.11. The company had revenue of $12.14 million for the quarter, compared to the consensus estimate of $21.94 million. PowerBank had a positive return on equity of 2.24% and a negative net margin of 7.86%.

A number of other research analysts also recently weighed in on SUUN. D. Boral Capital started coverage on PowerBank in a research note on Tuesday, July 8th. They set a "buy" rating and a $4.00 price target on the stock. Weiss Ratings reiterated a "sell (d)" rating on shares of PowerBank in a report on Saturday, September 27th. Finally, D Boral Capital upgraded PowerBank to a "strong-buy" rating in a report on Tuesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $5.00.

PowerBank Stock Down 5.1%

Shares of NASDAQ:SUUN opened at $2.05 on Friday. The company has a market capitalization of $75.11 million, a price-to-earnings ratio of -12.81 and a beta of 0.80. The company has a debt-to-equity ratio of 3.06, a current ratio of 0.96 and a quick ratio of 0.75. The business's 50-day moving average is $1.81 and its 200-day moving average is $1.84. PowerBank has a 1 year low of $1.23 and a 1 year high of $6.43.

Institutional Trading of PowerBank

Several institutional investors and hedge funds have recently modified their holdings of SUUN. Jane Street Group LLC purchased a new stake in shares of PowerBank in the second quarter worth approximately $28,000. Baader Bank Aktiengesellschaft purchased a new stake in shares of PowerBank during the first quarter valued at approximately $35,000. Finally, Parallel Advisors LLC increased its position in shares of PowerBank by 57.4% during the second quarter. Parallel Advisors LLC now owns 27,422 shares of the company's stock valued at $42,000 after acquiring an additional 10,000 shares during the last quarter.

About PowerBank

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.

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