PowerBank Corporation (NASDAQ:SUUN – Free Report) – Stock analysts at Zacks Small Cap dropped their FY2026 earnings estimates for shares of PowerBank in a research report issued on Thursday, October 9th. Zacks Small Cap analyst B. Lantier now anticipates that the company will earn $0.01 per share for the year, down from their previous forecast of $0.03. The consensus estimate for PowerBank’s current full-year earnings is ($0.04) per share. Zacks Small Cap also issued estimates for PowerBank’s Q4 2026 earnings at $0.09 EPS, Q1 2027 earnings at $0.01 EPS, Q2 2027 earnings at $0.01 EPS, Q3 2027 earnings at $0.00 EPS, Q4 2027 earnings at $0.06 EPS and FY2027 earnings at $0.08 EPS.
Several other equities research analysts have also issued reports on the stock. D. Boral Capital assumed coverage on shares of PowerBank in a report on Tuesday, July 8th. They issued a “buy” rating and a $4.00 target price for the company. D Boral Capital raised shares of PowerBank to a “strong-buy” rating in a report on Tuesday, July 8th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of PowerBank in a report on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $5.00.
PowerBank Price Performance
NASDAQ SUUN opened at $1.95 on Friday. PowerBank has a 52 week low of $1.23 and a 52 week high of $6.43. The firm has a market capitalization of $71.45 million, a P/E ratio of -12.19 and a beta of 0.80. The company has a quick ratio of 0.75, a current ratio of 0.96 and a debt-to-equity ratio of 3.06. The company has a 50-day moving average price of $1.82 and a 200-day moving average price of $1.83.
PowerBank (NASDAQ:SUUN – Get Free Report) last released its quarterly earnings results on Thursday, October 2nd. The company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.11. PowerBank had a negative net margin of 7.86% and a positive return on equity of 2.24%. The firm had revenue of $12.14 million during the quarter, compared to analyst estimates of $21.94 million.
Institutional Investors Weigh In On PowerBank
A number of institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in PowerBank during the 2nd quarter valued at approximately $28,000. Parallel Advisors LLC grew its holdings in PowerBank by 57.4% during the 2nd quarter. Parallel Advisors LLC now owns 27,422 shares of the company’s stock valued at $42,000 after buying an additional 10,000 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft purchased a new stake in PowerBank during the 1st quarter valued at approximately $35,000.
About PowerBank
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.
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