What is HC Wainwright’s Estimate for SolarBank Q3 Earnings?

SolarBank Co. (NASDAQ:SUUN) – Analysts at HC Wainwright raised their Q3 2025 earnings estimates for SolarBank in a note issued to investors on Tuesday, March 18th. HC Wainwright analyst A. Dayal now expects that the company will post earnings of $0.01 per share for the quarter, up from their previous forecast of ($0.01). HC Wainwright currently has a “Buy” rating and a $6.00 price objective on the stock. The consensus estimate for SolarBank’s current full-year earnings is ($0.04) per share. HC Wainwright also issued estimates for SolarBank’s Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.02 EPS, Q3 2026 earnings at $0.03 EPS, Q4 2026 earnings at $0.04 EPS, FY2027 earnings at $0.24 EPS, FY2028 earnings at $0.42 EPS and FY2029 earnings at $0.65 EPS.

SolarBank (NASDAQ:SUUN) last posted its quarterly earnings results on Wednesday, February 19th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). SolarBank had a negative net margin of 10.64% and a negative return on equity of 15.19%. The company had revenue of $2.93 million during the quarter, compared to analyst estimates of $16.44 million.

SolarBank Stock Up 1.8 %

Shares of NASDAQ:SUUN opened at $4.43 on Wednesday. SolarBank has a fifty-two week low of $1.95 and a fifty-two week high of $7.50. The firm’s 50 day moving average price is $3.64 and its 200 day moving average price is $3.34. The company has a quick ratio of 0.68, a current ratio of 0.91 and a debt-to-equity ratio of 0.92. The stock has a market cap of $143.25 million and a price-to-earnings ratio of -20.14.

Institutional Investors Weigh In On SolarBank

A hedge fund recently raised its stake in SolarBank stock. Virtu Financial LLC boosted its holdings in SolarBank Co. (NASDAQ:SUUN) by 91.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,075 shares of the company’s stock after buying an additional 11,051 shares during the quarter. Virtu Financial LLC owned approximately 0.07% of SolarBank worth $103,000 at the end of the most recent quarter.

About SolarBank

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.