SolarBank Corporation (SUUN)

NASDAQ: SUUN · Real-Time Price · USD
2.080
+0.050 (2.46%)
At close: May 12, 2025, 4:00 PM
2.080
0.00 (0.00%)
After-hours: May 12, 2025, 5:32 PM EDT
2.46%
Market Cap 64.97M
Revenue (ttm) 36.25M
Net Income (ttm) -3.90M
Shares Out 32.46M
EPS (ttm) -0.13
PE Ratio n/a
Forward PE 16.35
Dividend n/a
Ex-Dividend Date n/a
Volume 87,716
Open 2.070
Previous Close 2.030
Day's Range 2.000 - 2.090
52-Week Range 1.950 - 6.870
Beta 0.38
Analysts Strong Buy
Price Target 6.00 (+188.46%)
Earnings Date May 19, 2025

About SUUN

SolarBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects. The company provides expertise in the areas of site origination, utility grid interconnection, permitting, financing, engineering, procurement and construction, operation and maintenance, and asset management of solar photovoltaic power plants to the renewable and clea... [Read more]

Sector Utilities
Founded 2013
Employees 15
Stock Exchange NASDAQ
Ticker Symbol SUUN
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for SUUN stock is "Strong Buy" and the 12-month stock price forecast is $6.0.

Price Target
$6.0
(188.46% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SolarBank Renews Base Shelf Prospectus

TORONTO , May 8, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announced today that it has filed a final short form base shelf pros...

3 days ago - PRNewsWire

US$100 Million Transformative, Project Financing Announced by SolarBank and CIM Group to Fund 97 MW of Renewable Energy Assets in the United States

Financing to accelerate SolarBank's growth as an owner of solar power projects in the U.S. TORONTO , May 6, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarB...

6 days ago - PRNewsWire

7.2 MW Glor Rd Solar Project in Development by SolarBank in New York

850 Homes Expected to be Powered by this Community Solar Project TORONTO , April 29, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") ...

13 days ago - PRNewsWire

4.584 MW Forest Hill Rd Solar Project in Development by SolarBank in New York

540 Homes Expected to be Powered by this Community Solar Project TORONTO , April 23, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") ...

19 days ago - PRNewsWire

SolarBank Updates Continuous Disclosure

TORONTO , April 22, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announced today that it has refiled its Audited Consolidated Annu...

19 days ago - PRNewsWire

Data Center Expert Jonathan Martone Retained by SolarBank Corporation to Power Strategic Expansion

TORONTO , April 9, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce that it has retained Martone Advisors LLC a...

4 weeks ago - PRNewsWire

7.2 MW Hoadley Hill Rd Solar Project in Development by SolarBank in New York

850 Homes Expected to be Powered by this Community Solar Project TORONTO , March 27, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") ...

6 weeks ago - PRNewsWire

SolarBank Corporation Announces Closing of up to US$19 Million Equity Financing

TORONTO , March 24, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), today announced it has closed its previously announced registere...

7 weeks ago - PRNewsWire

SolarBank Corporation Announces up to US$19 Million Equity Financing

TORONTO , March 21, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), today announced it has entered into a definitive agreement with ...

7 weeks ago - PRNewsWire

$1.06 million USD in Government Incentives Awarded to SolarBank for Camillus Solar Project

TORONTO , March 20, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN))Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is ‎pleased to announce that it has received approval from the Ne...

7 weeks ago - PRNewsWire

$7.3 million USD Transaction Entered into with Solar Advocate Development LLC for the Sale and Construction of the Camillus Solar Project

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 23, 2024, to its short form base shelf prospectus dated May 2, 2023 TORONTO ...

7 weeks ago - PRNewsWire

4.3 MW Glen Rd Solar Project in Development by SolarBank in New York

500 Homes Expected to be Powered by this Community Solar Project TORONTO , March 18, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") ...

7 weeks ago - PRNewsWire

7.2 MW Jordan Rd, Gainesville Solar Project in Development by SolarBank in New York

850 Homes Expected to be Powered by this Community Solar Project TORONTO , March 13, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") ...

2 months ago - PRNewsWire

SolarBank Provides Update on 5.4 MW Boyle Rd Project in New York

630 Homes Expected to be Powered by this Community Solar Project TORONTO , March 11, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") ...

2 months ago - PRNewsWire

SolarBank Provides Update on 2.9 MW Project in Gainesville, New York

340 Homes Expected to be Powered by this Community Solar Project TORONTO , March 6, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") i...

2 months ago - PRNewsWire

SolarBank Provides Update on 7.2 MW North Main Project in Wyoming County, New York

850 Homes Expected to be Powered by this Community Solar Project TORONTO , March 4, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") i...

2 months ago - PRNewsWire

SolarBank Partners with Viridi on Combined 3.06 MW Solar and 1.2 MWH Battery Energy Storage Project Located in Buffalo, New York

Project will utilize Viridi's innovative lithium-ion battery packs with integrated fire suppression systems that meet stringent safety requirements TORONTO , Feb. 20, 2025 /PRNewswire/ - SolarBank Cor...

2 months ago - PRNewsWire

SolarBank Announces Second Quarter Results

Gross margins improved to 29.2% led by a growing independent power producer ("IPP") revenue base. This news release constitutes a "designated news release" for the purposes of the Company's prospectus...

2 months ago - PRNewsWire

IBN Announces Latest Episode of The Bell2Bell Podcast featuring Richard Lu, CEO of SolarBank Corporation

AUSTIN, Texas, Feb. 11, 2025 (GLOBE NEWSWIRE) -- via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce th...

3 months ago - GlobeNewsWire

SolarBank Provides Update on 14.4 MW Projects in Skaneateles, New York

2,100 Homes Expected to be Powered by these Community Solar Projects TORONTO , Feb. 11, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company...

3 months ago - PRNewsWire

SolarBank Confirms Quarterly Financial Results Release Date and Earnings Call

TORONTO , Feb. 10, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announces that it intends to release its quarterly financial resul...

3 months ago - PRNewsWire

SolarBank Announces Commencement of Construction of First Battery Energy Storage Project (BESS) in Ontario

$25.8 Million Royal Bank of Canada Facility is being used to finance construction of the 4.99 MW BESS Project TORONTO , Feb. 4, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN)...

3 months ago - PRNewsWire

SolarBank Announces 2024 Highlights

$49.5 Million USD Transaction with Qcells $45 Million Valued Acquisition of Solar Flow-Through Funds Ltd. $25.8 Million Royal Bank of Canada Project Finance Facility Nasdaq Global Market and Cboe Cana...

3 months ago - PRNewsWire

SolarBank to Present at The Microcap Conference 2025

TORONTO , Jan. 21, 2025 /PRNewswire/ -  SolarBank Corporation  (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), an independent renewable and clean energy project developer and...

3 months ago - PRNewsWire

IBN Initiates Coverage of SolarBank Corporation

Disseminated on behalf of SolarBank Corporation AUSTIN, Texas, Jan. 15, 2025 (GLOBE NEWSWIRE) -- via IBN – SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN), a premier developer and owner of renewa...

4 months ago - GlobeNewsWire