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NASDAQ:SUUN

SolarBank (SUUN) Stock Price, News & Analysis

SolarBank logo
$1.66 -0.10 (-5.68%)
As of 09:36 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About SolarBank Stock (NASDAQ:SUUN)

Key Stats

Today's Range
$1.56
$1.79
50-Day Range
$1.59
$3.22
52-Week Range
$1.56
$6.65
Volume
252,426 shs
Average Volume
106,459 shs
Market Capitalization
$53.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00
Consensus Rating
Buy

Company Overview

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. It offers solar energy solutions in the areas of behind-the-meter solar power plants, electricity grid connected community solar gardens, and utility scale solar farms. The company was formerly known as Abundant Solar Energy Inc. and changed its name to SolarBank Corporation in October 2022. SolarBank Corporation was incorporated in 2013 and is headquartered in Toronto, Canada.

SolarBank Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
57th Percentile Overall Score

SUUN MarketRank™: 

SolarBank scored higher than 57% of companies evaluated by MarketBeat, and ranked 153rd out of 259 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    SolarBank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    SolarBank has only been the subject of 2 research reports in the past 90 days.

  • Read more about SolarBank's stock forecast and price target.
  • Earnings Growth

    Earnings for SolarBank are expected to grow in the coming year, from ($0.04) to $0.10 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of SolarBank is -7.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of SolarBank is -7.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    SolarBank has a P/B Ratio of 3.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.88% of the float of SolarBank has been sold short.
  • Short Interest Ratio / Days to Cover

    SolarBank has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in SolarBank has recently decreased by 23.85%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    SolarBank does not currently pay a dividend.

  • Dividend Growth

    SolarBank does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.88% of the float of SolarBank has been sold short.
  • Short Interest Ratio / Days to Cover

    SolarBank has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in SolarBank has recently decreased by 23.85%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    SolarBank has a news sentiment score of -0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.89 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for SolarBank this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    3 people have added SolarBank to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
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SUUN Stock News Headlines

HC Wainwright Has Weak Outlook for SolarBank FY2025 Earnings
Elon Reveals Why There Soon Won’t Be Any Money For Social Security
Elon Musk's Near-Death Experience Sparks Dire Warning for Americans After cheating death twice—once in a terrifying supercar crash with billionaire Peter Thiel, then from a deadly strain of malaria—Elon Musk emerged with a stark warning for Americans about looming financial dangers. Discover the little-known Trump IRS loophole that thousands are now using to safeguard their retirement from inflation and market turmoil—before it's too late.
FY2026 EPS Estimates for SolarBank Reduced by Analyst
SolarBank FY2025 EPS Estimate Lowered by Zacks Small Cap
See More Headlines

SUUN Stock Analysis - Frequently Asked Questions

SolarBank's stock was trading at $2.05 at the beginning of 2025. Since then, SUUN shares have decreased by 22.4% and is now trading at $1.59.
View the best growth stocks for 2025 here
.

SolarBank Co. (NASDAQ:SUUN) released its quarterly earnings results on Thursday, May, 15th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.12. The firm had revenue of $6.27 million for the quarter, compared to analysts' expectations of $20.50 million. SolarBank had a negative trailing twelve-month return on equity of 15.19% and a negative net margin of 10.64%.
Read the conference call transcript
.

Top institutional shareholders of SolarBank include Parallel Advisors LLC (0.05%) and Baader Bank Aktiengesellschaft (0.04%).

Shares of SUUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that SolarBank investors own include SoundHound AI (SOUN), Advanced Micro Devices (AMD), Meta Platforms (META), NVIDIA (NVDA), Applied Digital (APLD), Eli Lilly and Company (LLY) and Applied Materials (AMAT).

Company Calendar

Last Earnings
5/15/2025
Today
5/27/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Electric & other services combined
Sub-Industry
Utilities
Current Symbol
NASDAQ:SUUN
Previous Symbol
NASDAQ:SUUN
Fax
N/A
Employees
15
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$6.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+277.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$2.56 million
Pretax Margin
-2.42%

Debt

Sales & Book Value

Annual Sales
$37.08 million
Price / Cash Flow
N/A
Book Value
$0.45 per share
Price / Book
3.53

Miscellaneous

Free Float
N/A
Market Cap
$51.42 million
Optionable
N/A
Beta
N/A
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This page (NASDAQ:SUUN) was last updated on 5/28/2025 by MarketBeat.com Staff
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