SUUN

SolarBank

1.52 USD
+0.03
2.01%
At close Jul 11, 4:00 PM EDT
After hours
1.48
-0.04
2.63%
1 day
2.01%
5 days
3.40%
1 month
6.29%
3 months
-36.40%
6 months
-25.12%
Year to date
-30.91%
1 year
-72.95%
5 years
-73.79%
10 years
-73.79%
 

About: SolarBank Corp is an independent renewable and clean energy project developer and asset operator based in Canada and the United States. It is engaged in the development and operation of solar photovoltaic power generation projects in the province of Ontario and the state of New York. The company operates in two principal geographical areas - Canada and United States with a substantial portion of its overall revenue being generated from United States.

Employees: 15

0
Funds holding %
of 7,312 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

1,792% more capital invested

Capital invested by funds: $190K [Q4 2024] → $3.59M (+$3.4M) [Q1 2025]

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

140% more funds holding

Funds holding: 5 [Q4 2024] → 12 (+7) [Q1 2025]

4.27% more ownership

Funds ownership: 0.3% [Q4 2024] → 4.56% (+4.27%) [Q1 2025]

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$4
163%
upside
Avg. target
$4
163%
upside
High target
$4
163%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
D. Boral Capital
Jesse Sobelson
163%upside
$4
Buy
Initiated
8 Jul 2025

Financial journalist opinion

Based on 4 articles about SUUN published over the past 30 days

Neutral
PRNewsWire
1 day ago
SolarBank Issues Update on Strategic Positioning Amid Shifting U.S. and Canadian Policy Landscape
TORONTO , July 10, 2025 /PRNewswire/ - SolarBank Corporation (Cboe CA: SUNN) (NASDAQ: SUUN) ("SolarBank" or the "Company"), a leading North American developer, owner, and operator of solar and battery energy storage systems (BESS), is pleased to update current and prospective shareholders about how the Company is positioning itself for success in the shifting policy environment in North America. In the United States, recent federal legislation—the so-called Big Beautiful Bill ("BBB")—has introduced a new timeline for clean energy investment tax credits (ITCs).
SolarBank Issues Update on Strategic Positioning Amid Shifting U.S. and Canadian Policy Landscape
Neutral
PRNewsWire
3 days ago
SolarBank's 7.2 MW Hoadley Hill Project Successfully Completes Major Interconnection Study on Path to Permit
Project to Power Equivalent of 850 Homes TORONTO , July 8, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), a leading North American developer and owner of clean energy assets, is pleased to announce that its 7.2 MW Hoadley Hill Road ground-mount solar project in upstate New York (the "Project") has officially cleared a key milestone: the Coordinated Electric System Interconnection Review (CESIR). This critical regulatory green light paves the way for the next major steps —securing full site permits, financing and preparing for construction.
SolarBank's 7.2 MW Hoadley Hill Project Successfully Completes Major Interconnection Study on Path to Permit
Positive
Green Stock News
3 weeks ago
Toyota Motor ($TM) | Archer Aviation ($ACHR) | Eve Air Mobility ($EVEX) | SolarBank ($SUUN)
Welcome to the Green Stock News brief for Monday June 16th. Here are today's top headlines: Toyota's (NYSE: TM) 2026 Prius Plug-in Hybrid lineup will include a new Nightshade Edition, adding a bold, stylish option to its lineup.
Toyota Motor ($TM) | Archer Aviation ($ACHR) | Eve Air Mobility ($EVEX) | SolarBank ($SUUN)
Neutral
PRNewsWire
3 weeks ago
SolarBank Advances Nova Scotia's Clean Energy Transformation with 2.4 MW Sydney Project in Canada
Project to Power Equivalent of 221 Homes Annually Over $1.36 Millions in Combined Customer Savings over 25 Year Term Part of Nova Scotia's Ambitious 80% Renewable Energy by 2030 Initiative  Enables Renters and Homeowners to Access Solar Without Rooftop Installation  $4.57 Million Investment in Local Clean Energy Infrastructure  Second Community Solar Project by SolarBank in Atlantic Canada TORONTO , June 16, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), a North American energy infrastructure developer and asset owner, announces the continued execution of its community solar development pipeline with an update on its plans to develop a ground-mount solar power project known as the Sydney project (the "Project") totalling 2.4 MW DC located in Nova Scotia. This strategic project will generate approximately 2,730 MWh of clean energy annually—enough to power the equivalent of 221 homes for an entire year while eliminating approximately 1,900 tons of CO2 emissions annually, equivalent to removing 415 cars from the road.
SolarBank Advances Nova Scotia's Clean Energy Transformation with 2.4 MW Sydney Project in Canada
Neutral
PRNewsWire
1 month ago
SolarBank Renews At-The-Market Equity Program
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025 TORONTO , June 5, 2025 /PRNewswire/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announces that following the filing of its new short form base shelf prospectus, it is proceeding with a renewal of its at-the-market equity program (the "ATM Program"). The Company is required to renew the ATM Program due to the expiry of the Company's 2023 short form base shelf prospectus.
SolarBank Renews At-The-Market Equity Program
Neutral
PRNewsWire
1 month ago
Bitcoin Purchases to be made by SolarBank Using Net Cash from Geddes Solar Power Project
Key Highlights: Among the First Renewable Energy Companies to Implement Bitcoin Treasury Strategy 3.79 MW Geddes Project Expected to Generate Revenue Starting this Month 1+ Gigawatt Development Pipeline Positions Company for Growth Joining Other Forward-Thinking Corporations in Bitcoin Adoption TORONTO , June 5, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America, announced today that further to the announcement of its Bitcoin treasury strategy on June 3 rd, it is taking the first step in implementing this strategy by allocating the net cash generated by its Geddes Solar Power Project (the "Geddes Project") to acquire Bitcoin. This positions SolarBank among the pioneering renewable energy companies to adopt a Bitcoin treasury strategy, joining other corporations that have successfully added Bitcoin to their balance sheets.
Bitcoin Purchases to be made by SolarBank Using Net Cash from Geddes Solar Power Project
Neutral
PRNewsWire
1 month ago
SolarBank Announces Bitcoin Treasury Strategy
TORONTO , June 3, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America, today announces it is implementing a treasury strategy integrating Bitcoin as a strategic reserve asset – inspired by MicroStrategy's multibillion-dollar Bitcoin strategy and SharpLink Gaming's Ethereum-driven strategy. To support this strategy, the Company has filed an account opening application with Coinbase Prime (NASDAQ: COIN) to provide secure custody, USDC services, and a self-custodial wallet for its Bitcoin holdings.
SolarBank Announces Bitcoin Treasury Strategy
Neutral
PRNewsWire
1 month ago
6.9 MW Brooklyn Project in Development by SolarBank in Nova Scotia, Canada
900 Homes Expected to be Powered by this Community Solar Project TORONTO , May 27, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to provide an update on its plans to develop a ground-mount solar power project known as the Brooklyn project (the "Project") totalling 6.9 MW DC located in Nova Scotia. The Project is owned by AI Renewable Fund and SolarBank is the developer and builder for the projects at a total estimated cost of with a total cost of $13.9M.
6.9 MW Brooklyn Project in Development by SolarBank in Nova Scotia, Canada
Neutral
PRNewsWire
1 month ago
SolarBank Announces Third Quarter Results
TORONTO , May 15, 2025 /PRNewswire/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") reports its fiscal third quarter and fiscal 2025 interim financial results. All financial figures are in Canadian dollars and in accordance with International Financial Reporting Standards (IFRS) as presented in the interim consolidated financial statements.
SolarBank Announces Third Quarter Results
Neutral
PRNewsWire
1 month ago
SolarBank to Host Earnings Call Today
TORONTO , May 15, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: GY2) ("SolarBank" or the "Company") reminds investors that it intends to release its quarterly financial results for the quarter ended March 31, 2025 after close of the Nasdaq market today, May 15, 2025, and will be hosting a webinar to provide a business update and discuss the quarterly results today. You are invited to a webinar When: May 15, 2025 04:30 PM Eastern Time (US and Canada) Topic: SolarBank Corporation – Quarterly Earnings Release & Management Update Register in advance for this webinar: https://events.teams.microsoft.com/event/4be1ab35-b346-4a54-a0e5-42ac977b7865@f90ea049-87a1-4082-95af-7e4e24c02cb4 After registering, you will receive a confirmation email containing information about joining the webinar.
SolarBank to Host Earnings Call Today
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