What is HC Wainwright's Forecast for PowerBank Q1 Earnings?

Key Points

• HC Wainwright predicts that PowerBank will post Q1 2026 earnings of ($0.06) per share, in line with the current full-year estimate of ($0.04) EPS.
• In its latest earnings report, PowerBank exceeded analyst expectations, reporting $0.08 EPS against a consensus estimate of ($0.03), but fell short on revenue with $12.14 million against predictions of $21.94 million.
• The stock currently has a consensus rating of "Moderate Buy", with a price target of $5.00, following various ratings from analysts including one "Strong Buy" and one "Sell".

PowerBank Corporation (NASDAQ:SUUN - Free Report) - Equities researchers at HC Wainwright issued their Q1 2026 earnings estimates for PowerBank in a research report issued on Monday, October 6th. HC Wainwright analyst A. Dayal expects that the company will earn ($0.06) per share for the quarter. The consensus estimate for PowerBank's current full-year earnings is ($0.04) per share. HC Wainwright also issued estimates for PowerBank's Q2 2026 earnings at ($0.06) EPS, Q3 2026 earnings at ($0.05) EPS, Q4 2026 earnings at ($0.03) EPS, FY2026 earnings at ($0.20) EPS, FY2027 earnings at $0.06 EPS, FY2028 earnings at $0.30 EPS and FY2029 earnings at $0.53 EPS.

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, topping analysts' consensus estimates of ($0.03) by $0.11. PowerBank had a negative net margin of 7.86% and a positive return on equity of 2.24%. The company had revenue of $12.14 million for the quarter, compared to analysts' expectations of $21.94 million.

Other equities analysts have also issued research reports about the stock. D Boral Capital raised shares of PowerBank to a "strong-buy" rating in a research report on Tuesday, July 8th. D. Boral Capital assumed coverage on PowerBank in a report on Tuesday, July 8th. They issued a "buy" rating and a $4.00 price target for the company. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of PowerBank in a report on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $5.00.

PowerBank Stock Performance

Shares of SUUN opened at $1.93 on Wednesday. The company has a 50-day moving average of $1.77 and a two-hundred day moving average of $1.84. 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 stock has a market cap of $70.72 million, a price-to-earnings ratio of -12.06 and a beta of 0.80. PowerBank has a one year low of $1.23 and a one year high of $6.43.

Hedge Funds Weigh In On PowerBank

Several institutional investors have recently modified their holdings of SUUN. Parallel Advisors LLC boosted 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 purchasing an additional 10,000 shares in the last quarter. Baader Bank Aktiengesellschaft bought a new position in shares of PowerBank during the 1st quarter valued at approximately $35,000. Finally, Jane Street Group LLC purchased a new stake in shares of PowerBank in the second quarter worth approximately $28,000.

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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