SUNation Energy Inc. (SUNE) AI Stock Analysis
SUNE AI stock analysis summary
AI ResearchSUNation Energy Inc. (SUNE) designs, installs, and maintains photovoltaic solar energy and battery storage systems across the United States. In FY2025, the company grew revenue 26.5% to $71.9M and generated $906,384 in free cash flow, though trailing twelve month results reflect an EPS of -$0.17. The stock has gained 32.3% over the past year while operating with net debt of $5.2M as of June 30, 2026.
- Market cap
- $13.4M
- Revenue (TTM)
- $61.6M
- P/E
- —
- 1Y return
- 32.3% S&P 500 16.8%
- Avg. target
- —
Bull case
- Gross margin has expanded consistently from 26.8% in FY2022 to 38.3% in FY2025.
- The company produced positive free cash flow of $906,384 in FY2025 on operating cash flow of $955,000.
- The stock trades at a price-to-sales ratio of 0.2x, below the median of 2.8x for its US-listed Technology peers.
Bear case
- Quarterly revenue fell 37.5% year-over-year in the latest quarter ended June 30, 2026.
- Trailing twelve month profitability remains negative, with an operating margin of -32.0% and net margin of -8.5%.
- Short-term liquidity is constrained, indicated by a current ratio of 0.77 and net debt of $5.2M as of June 30, 2026.
What SUNation Energy does
SUNation Energy Inc. engages in the design, installation, and maintenance of photovoltaic solar energy systems and battery storage systems in the United States. Founded in 1969 and based in Ronkonkoma, New York, the company operates brand portfolios including SUNation, SUNation Energy, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. Additionally, it develops energy control devices for solar systems paired with batteries and provides energy and grid services. The business serves residential homeowners, commercial owners, municipal customers, energy services companies, and utilities with a team of 164 employees.
Growth and profitability
SUNation Energy experienced significant top-line volatility alongside a 5-year revenue CAGR of 54.8% from FY2020 to FY2025. Annual revenue rose from $38,162 in FY2021 to $79.6M in FY2023, fell 28.6% to $56.9M in FY2024, and increased 26.5% to $71.9M in FY2025. Gross margin expanded from 26.8% in FY2022 to 38.3% in FY2025, while operating margin moved from -38.0% to -2.3%. Net income was -$10.9M in FY2025. In the quarter ended June 30, 2026, revenue fell 37.5% year-over-year, bringing trailing twelve month revenue to $61.6M with an operating margin of -32.0% and net margin of -8.5%.
Balance sheet and cash flow
As of June 30, 2026, SUNation Energy held $3.1M in cash and short-term investments against total debt of $8.2M, resulting in net debt of $5.2M. Total assets were $40.9M, shareholders' equity stood at $20.5M, the debt-to-equity ratio was 0.40, and the current ratio was 0.77. In FY2025, operating cash flow reached $955,000, funding $48,594 in capital expenditures to yield free cash flow of $906,384, alongside $276,000 paid in dividends.
Valuation and performance
With a market cap of $13.4M and enterprise value of $22.0M, SUNation Energy trades at a price-to-sales multiple of 0.2x and an EV-to-EBITDA multiple of 7.4x. These compare to medians of 2.8x for price-to-sales and 16.6x for EV-to-EBITDA among its US-listed Technology peers. The company's price-to-book multiple is 0.8x. Over the past year, the stock gained 32.3%, outpacing the 16.8% return of the S&P 500, but has a 5-year return of -100.0% versus 83.0% for the index.
What analysts expect
SUNation Energy beat earnings per share estimates in 2 of the last 4 quarters, with its next earnings date scheduled for November 6, 2026. The stock last closed at $2.05 on October 16, 2026, positioning it 5.5% above its 200-day average. Its 52-week trading span ranges from a low of $0.68 to a high of $9.45, with a beta of 2.98.
Key risks and what to watch
- With cash and short-term investments of $3.1M and a current ratio of 0.77, meeting near-term obligations on total debt of $8.2M may present liquidity pressure.
- A beta of 2.98 indicates the stock is subject to substantially higher price volatility than the broader market.
- A trailing twelve month return on equity of -24.5% reflects persistent erosion of book value from ongoing losses.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this SUNE AI stock analysis
This page is an AI-written research summary of SUNation Energy Inc. (SUNE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: SUNE income statement, SUNE balance sheet, SUNE key metrics, SUNE chart. See the SUNE stock overview for the latest quote and news.
SUNE AI stock analysis FAQ
What does SUNation Energy Inc. do?
SUNation Energy Inc. designs, installs, and maintains photovoltaic solar energy systems and battery storage systems for residential, commercial, municipal, and utility customers across the United States.
What was SUNation Energy's revenue in FY2025?
The company reported revenue of $71.9M in FY2025, which represented a 26.5% increase compared to $56.9M in FY2024.
What is SUNation Energy's debt and liquidity position?
As of June 30, 2026, the company held $3.1M in cash and short-term investments against $8.2M in total debt, resulting in net debt of $5.2M and a current ratio of 0.77.
When is SUNation Energy's next earnings release?
The company's next earnings report is scheduled for November 6, 2026.