SolarBank Corporation (SUUN)
NASDAQ: SUUN · Real-Time Price · USD
2.400
-0.060 (-2.44%)
At close: Apr 3, 2025, 4:00 PM
2.353
-0.047 (-1.94%)
After-hours: Apr 3, 2025, 7:23 PM EDT

SolarBank Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for SolarBank stock has a target of 6.00, which predicts an increase of 150.00% from the current stock price of 2.40.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $6.00 $6.00 $6.00
Change +150.00% +150.00% +150.00% +150.00%

Analyst Ratings

According to 1 stock analyst, the rating for SolarBank is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Feb '25Mar '25Apr '25
Strong Buy 111
Buy 000
Hold 000
Sell 000
Strong Sell 000
Total 111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$6
Strong Buy Reiterates $6 +150.00% Mar 18, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$6
Strong Buy Initiates $6 +150.00% Dec 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
77.09M
from 58.38M
Increased by 32.05%
Revenue Next Year
132.78M
from 77.09M
Increased by 72.25%
EPS This Year
0.04
from -0.13
EPS Next Year
0.34
from 0.04
Increased by 737.50%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
7.35M10.20M18.40M58.38M77.09M132.78M159.31M
Revenue Growth
-38.81%80.41%217.31%32.05%72.25%19.98%
EPS
-0.01-0.010.06-0.130.040.340.54
EPS Growth
-----737.50%58.21%
Forward PE
----58.827.024.44
No. Analysts ----444
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 87.6M 178.5M 205.3M
Avg 77.1M 132.8M 159.3M
Low 64.5M 88.6M 114.5M

Revenue Growth

Revenue Growth 202520262027
High
50.0%
131.6%
54.6%
Avg
32.0%
72.2%
20.0%
Low
10.5%
14.9%
-13.7%

EPS Forecast

EPS 202520262027
High 0.07 0.50 0.62
Avg 0.04 0.34 0.54
Low 0.01 0.19 0.46

EPS Growth

EPS Growth 202520262027
High -
1,135.3%
81.3%
Avg -
737.5%
58.2%
Low -
356.4%
34.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.