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 169.06% from the current stock price of 2.23.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$6.00	$6.00	$6.00	$6.00
Change	+169.06%	+169.06%	+169.06%	+169.06%

* Price targets were last updated on Mar 18, 2025.

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 '25	Mar '25	Apr '25
Strong Buy	1	1	1
Buy	0	0	0
Hold	0	0	0
Sell	0	0	0
Strong Sell	0	0	0
Total	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $6	Strong Buy	Reiterates	$6	+169.06%	Mar 18, 2025
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $6	Strong Buy	Initiates	$6	+169.06%	Dec 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

77.09M

from 58.38M

32.05%

from 58.38M

Revenue Next Year

132.78M

from 77.09M

72.25%

from 77.09M

EPS This Year

0.04

from -0.13

EPS Next Year

0.34

from 0.04

737.50%

from 0.04

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	7.35M	10.20M	18.40M	58.38M	77.09M	132.78M	159.31M
Revenue Growth	-	38.81%	80.41%	217.31%	32.05%	72.25%	19.98%
EPS	-0.01	-0.01	0.06	-0.13	0.04	0.34	0.54
EPS Growth	-	-	-	-	-	737.50%	58.21%
Forward PE	-	-	-	-	54.66	6.53	4.13
No. Analysts	-	-	-	-	4	4	4

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
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	2025	2026	2027
High	50.0%	131.6%	54.6%
Avg	32.0%	72.2%	20.0%
Low	10.5%	14.9%	-13.7%

EPS Forecast

EPS	2025	2026	2027
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	2025	2026	2027
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.