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NASDAQ:SUUN

SolarBank (SUUN) Stock Price, News & Analysis

SolarBank logo
$1.57 -0.02 (-1.26%)
As of 01:03 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About SolarBank Stock (NASDAQ:SUUN)

Key Stats

Today's Range
$1.57
$1.69
50-Day Range
$1.59
$3.22
52-Week Range
$1.56
$6.65
Volume
57,118 shs
Average Volume
106,580 shs
Market Capitalization
$50.77 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 154th out of 262 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 -7.29, 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 -7.29, 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 3.56. 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 16 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’s 2025 Silver Crisis (What It Means for You)
Elon Musk is back in the spotlight—this time for fueling a global scramble for silver. Tesla's relentless production of electric vehicles and solar technology is driving demand for the precious metal to unprecedented levels. Silver—critical for EV batteries, solar panels, and advanced electronics—is now at the center of a supply crisis.
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 stock has decreased by 21.8% and is now trading at $1.6040.
View the best growth stocks for 2025 here
.

SolarBank Co. (NASDAQ:SUUN) released its earnings results on Thursday, May, 15th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.12. The business earned $6.27 million during the quarter, compared to the consensus estimate 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
5/28/2025
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
+282.2%
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
3.49

Miscellaneous

Free Float
N/A
Market Cap
$50.77 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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