Q1 Earnings Forecast for PowerBank Issued By Zacks Small Cap

Key Points

• Zacks Small Cap has revised its Q1 2026 earnings per share (EPS) estimate for PowerBank Corporation to ($0.04), down from a previous estimate of $0.03.
• Despite recent earnings showing a beat of estimates with $0.08 EPS reported, the company has faced lower revenue expectations for both the current fiscal year and upcoming quarters.
• PowerBank has received a mix of ratings from analysts, with one Strong Buy, three Buy, and one Sell, leading to a consensus rating of "Moderate Buy" and a target price of $5.00.

PowerBank Corporation (NASDAQ:SUUN - Free Report) - Investment analysts at Zacks Small Cap decreased their Q1 2026 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 earn ($0.04) per share for the quarter, 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 Q2 2026 earnings at $0.04 EPS and Q3 2026 earnings at ($0.08) EPS.

A number of other brokerages also recently weighed in on SUUN. Weiss Ratings reiterated a "sell (d)" rating on shares of PowerBank in a report on Saturday, September 27th. D Boral Capital upgraded PowerBank to a "strong-buy" rating in a report on Tuesday, July 8th. Finally, D. Boral Capital began coverage on PowerBank in a report on Tuesday, July 8th. They issued a "buy" rating and a $4.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $5.00.

PowerBank Price Performance

Shares of SUUN opened at $1.95 on Monday. The company has a market capitalization of $71.45 million, a price-to-earnings ratio of -12.19 and a beta of 0.80. PowerBank has a fifty-two week low of $1.23 and a fifty-two week high of $6.43. 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 $1.82 and its 200-day moving average is $1.82.

PowerBank (NASDAQ:SUUN - Get Free Report) last issued its earnings results on Thursday, October 2nd. The company reported $0.08 earnings per share 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%.

Hedge Funds Weigh In On PowerBank

Hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its holdings in PowerBank by 57.4% in the second quarter. Parallel Advisors LLC now owns 27,422 shares of the company's stock worth $42,000 after buying an additional 10,000 shares during the last quarter. Jane Street Group LLC acquired a new position in PowerBank in the second quarter worth approximately $28,000. Finally, Baader Bank Aktiengesellschaft acquired a new position in PowerBank in the first quarter worth approximately $35,000.

PowerBank Company Profile

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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