Zacks Small Cap Reduces Earnings Estimates for PowerBank

PowerBank Corporation (NASDAQ:SUUN) – Analysts at Zacks Small Cap decreased their Q4 2026 earnings per share estimates for shares of PowerBank in a report issued on Tuesday, November 18th. Zacks Small Cap analyst B. Lantier now expects that the company will post earnings of $0.08 per share for the quarter, down from their prior forecast of $0.09. The consensus estimate for PowerBank’s current full-year earnings is ($0.04) per share. Zacks Small Cap also issued estimates for PowerBank’s Q1 2027 earnings at $0.00 EPS, Q2 2027 earnings at $0.00 EPS, Q3 2027 earnings at ($0.01) EPS, Q4 2027 earnings at $0.07 EPS and FY2027 earnings at $0.05 EPS.

PowerBank (NASDAQ:SUUN) last posted its earnings results on Thursday, October 2nd. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.11. PowerBank had a positive return on equity of 2.24% and a negative net margin of 7.86%.The firm had revenue of $12.14 million during the quarter, compared to the consensus estimate of $21.94 million.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of PowerBank in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $5.00.

PowerBank Price Performance

PowerBank stock opened at $1.64 on Thursday. PowerBank has a 52-week low of $1.23 and a 52-week high of $6.43. 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 firm’s fifty day moving average is $1.74 and its 200 day moving average is $1.71. The company has a market cap of $60.09 million, a price-to-earnings ratio of -10.25 and a beta of 0.82.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC bought a new position in PowerBank during the second quarter valued at $28,000. Baader Bank Aktiengesellschaft purchased a new position in shares of PowerBank during the 1st quarter worth about $35,000. 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 purchasing an additional 10,000 shares during the last quarter. NWF Advisory Services Inc. purchased a new stake in PowerBank in the 3rd quarter worth about $46,000. Finally, Citadel Advisors LLC bought a new stake in PowerBank in the third quarter worth about $52,000.

PowerBank Company Profile

PowerBank Corporation, formerly known as 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.