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 78.57% from the current stock price of 3.36.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$6.00	$6.00	$6.00	$6.00
Change	+78.57%	+78.57%	+78.57%	+78.57%

* Price targets were last updated on Dec 11, 2024.

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	Jan '25	Feb '25
Strong Buy	1	1
Buy	0	0
Hold	0	0
Sell	0	0
Strong Sell	0	0
Total	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $6	Strong Buy	Initiates	$6	+78.57%	Dec 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

84.55M

from 58.38M

44.84%

from 58.38M

Revenue Next Year

102.47M

from 84.55M

21.19%

from 84.55M

EPS This Year

-0.04

from -0.13

EPS Next Year

0.04

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	84.55M	102.47M	123.70M
Revenue Growth	-	38.81%	80.41%	217.31%	44.84%	21.19%	20.72%
EPS	-0.01	-0.01	0.06	-0.13	-0.04	0.04	0.18
EPS Growth	-	-	-	-	-	-	350.00%
Forward PE	-	-	-	-	-	82.35	18.30
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	104.4M	116.1M	132.0M
Avg	84.6M	102.5M	123.7M
Low	64.5M	88.6M	114.5M

Revenue Growth

Revenue Growth	2025	2026	2027
High	78.9%	37.3%	28.8%
Avg	44.8%	21.2%	20.7%
Low	10.5%	4.7%	11.8%

EPS Forecast

EPS	2025	2026	2027
High	-0.03	0.15	0.39
Avg	-0.04	0.04	0.18
Low	-0.05	-0.06	-0.01

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	852.2%
Avg	-	-	350.0%
Low	-	-	-

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.