SUNation Energy Inc. (SUNE) Stock Price & Analysis
SUNation Energy Inc. (SUNE) is trading at USD 1.99, down 2.93% today, as of October 23, 2026 at 16:36 UTC (US market open; quotes may be delayed), according to Nexqual market data.
SUNE last closed at USD 2.05; today's session has ranged USD 1.94–2.03 on volume of 34,271 shares. Market capitalization is $12.96M, with a 52-week range of USD 0.68–9.45 (NCM). Source: Nexqual, retrieved October 23, 2026 at 16:41 UTC.
Also available as compact Markdown for AI agents: nexqual.com/SUNE.md
Key facts (SUNE)
- Last four reported quarters (through Jun 30, 2026): revenue $61.6M, net income -$5.2M (-8.5% margin) (SEC filings).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $1.2M; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: None.
- Total return with dividends: 1Y +29.2% vs S&P 500 +14.6%; 5Y -100.0% vs S&P 500 +77.3%.
- Next earnings: 2026-11-10, EPS estimate USD —, revenue estimate $0K.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (SUNE)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $38K | $27.5M | $79.6M | $56.9M | $71.9M | $61.6M |
| Gross profit | $38K | $7.4M | $27.7M | $20.4M | $27.5M | — |
| Operating income | -$4.9M | -$10.4M | -$7.5M | -$12.3M | -$1.7M | -$4.9M |
| Net income | -$6.2M | -$10.4M | -$8.1M | -$15.8M | -$10.9M | -$5.2M |
| EPS (diluted) | -$304500.00 | -$606000.00 | -$122310.00 | -$10110.93 | -$4.38 | — |
| Free cash flow | -$846K | -$7.7M | -$1.3M | -$6.3M | $906K | — |
| Gross margin | 100.0% | 26.8% | 34.8% | 35.9% | 38.3% | — |
| Operating margin | -12741.2% | -38.0% | -9.4% | -21.7% | -2.3% | -7.9% |
| Net margin | -16339.7% | -37.6% | -10.2% | -27.9% | -15.1% | -8.5% |
| Revenue growth | -99.5% | +72019.1% | +189.3% | -28.6% | +26.5% | — |
| Cash + short-term investments | $154K | $4.9M | — | — | $7.2M | — |
| Total debt | — | $4.6M | $2.1M | — | $6.6M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (SUNE)
P/S 0.2x · EV/Sales 0.2x · P/B 0.6x · Earnings yield -40.26% · Net debt $907K · EV $13.9M
Insider purchases (SEC Form 4, open-market, last ~7 months) (SUNE)
2 purchases, $1.2M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-04-14 | Brennan James Robert | Chief Financial Officer | 123,254 | $218K | 1.77 | Too little history (no open-market trades in 2023 or 2025) |
| 2026-04-14 | Maskin Scott | Chief Executive Officer | 554,712 | $982K | 1.77 | Too little history (no open-market trades in 2023 or 2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (SUNE)
Consensus None.
Total return (dividends reinvested) (SUNE)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +29.2% | -100.0% |
| S&P 500 (SPY) | +14.6% | +77.3% |
| Per year | +29.2% | -93.9% |
| Volatility (annualized) | 231.7% | 215.5% |
| Max drawdown | -66.2% (Jun 2026→Oct 2026) | -100.0% (Nov 2021→Jan 2026) |
SUNE revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Sunation NY | $5.4M | 65.8% | -45.3% |
| Hawaii Energy Connection | $2.8M | 34.2% | -14.1% |
| Total revenue | $8.2M | 100% | — |
SUNE revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Residential Contracts | $3.0M | 37.0% | -62.3% |
| Commercial Contracts | $1.7M | 20.4% | +32.1% |
| Service | $684,352 | 8.4% | +26.2% |
| Total revenue | $8.2M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
SUNE suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Hawaii Energy Connection | “We believe that our existing HEC and SUNation NY portfolio companies form a foundation to drive improved referral performance across the network of companies we acquire, further increasing our referral rates and lowering our overall customer acquisition cost.” |
| Partner | Johnsonville Sausage | “In addition, he is a board member of Johnsonville Sausage Corporation, a leading US food company, and also a Senior Partner in CGMR Capital, a private equity firm, and Board member of Cambek, a leading manufacturer of specialty wood construction products and Board member of Halocon an AI Solutions Company.” |
Quoted from the company's 10-K filed Mar 23, 2026.
SUNE company outlook (results filed Aug 12, 2026)
- “As a reminder, this reduction was expected as industry analysts had predicted a 25%-40% decline in 2026 due to the impact of the OBBBA defined above. ● Gross Profit Improvement.”
- “Page 6 of 13 BUSINESS STRATEGY AND OUTLOOK SUNation believes its business is more focused, more disciplined, and better positioned for diversification than it was a year ago, both in preparation for the exploration of a strategic transaction and following the Board authorized execution of the plan of merger agreement with Suniva, Inc.”
Quoted word-for-word from the SEC 8-K results press release.
SUNE analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter (ends Jun 2025) | — | — | — | $0 | — |
| Current fiscal year (ends Dec 2025) | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |
Key Statistics (as of October 23, 2026 at 16:41 UTC)
| Price | USD 1.99 |
|---|---|
| Change | ▼ 2.93% (down) |
| Previous Close | USD 2.05 |
| Open | USD 1.99 |
| Day Range | USD 1.94 – 2.03 |
| 52-Week Range | USD 0.68 – 9.45 |
| Volume | 34,271 shares |
| Market Cap | $12.96M |
| Exchange | NCM |
Technical Analysis (SUNE)
Nexqual's technical model rates SUNE "SELL" based on 1 bullish and 5 bearish signals across 128 daily candles, as of October 23, 2026 at 16:41 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 43.25 (neutral) |
| vs SMA50 | Below (USD 2.43) |
| MACD | -0.13 (negative) |
Analyst Ratings (SUNE)
Wall Street analysts rate SUNE "None", per Nexqual as of October 23, 2026 at 16:41 UTC.
| Consensus Rating | None |
|---|
Earnings (SUNE)
| Next Earnings Date | 2026-11-10 |
|---|
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2024-06-30 | USD -5,076 vs est -26,999.99 ▲ beat |
| 2024-03-31 | USD -9,660 vs est -29,999.98 ▲ beat |
Source: Nexqual, October 23, 2026 at 16:41 UTC.
Financials & Fundamentals (SUNE)
| Total Revenue | $61.56M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -37.50% |
| Gross Margin | +35.73% |
| Operating Margin | -32.01% |
| Profit Margin | -8.48% |
| ROE | -24.49% |
| Debt / Equity | 0.4 |
| Current Ratio | 0.77 |
| Total Cash | $3.06M |
| Total Debt | $8.24M |
| Free Cash Flow (fiscal year ended Dec 2025, SEC 10-K) | $906,384 (1.3% of revenue) |
Source: Nexqual, October 23, 2026 at 16:41 UTC.
Financial Health Score (SUNE)
Nexqual rates SUNation Energy Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 16:41 UTC.
| Growth | Critical — Revenue -100% YoY (annual), sharp decline |
|---|---|
| Profitability | Weak — Not yet profitable — scaling phase |
| Balance Sheet | Mixed — $3M cash and investments vs $4M debt (Jun 2026, SEC) |
| Cash Flow | Mixed — FCF $906K (FY ended Dec 2025, 10-K), slim 1.3% margin |
| Efficiency | Critical — ROE -24%, ROA -6.3% |
Ownership (SUNE)
| Insider Ownership | +20.01% |
|---|---|
| Institutional Ownership | +24.48% |
| Shares Outstanding | 6.51M |
| Float | 4.65M |
| Short % of Float | +4.34% |
Source: Nexqual, October 23, 2026 at 16:41 UTC.
Leadership (SUNE)
SUNation Energy Inc. is led by Scott Maskin, CEO & Director, per Nexqual as of October 23, 2026 at 16:41 UTC.
| CEO & Director | Scott Maskin |
|---|---|
| CFO, Sectretary & COO | James Brennan |
| Vice President of Marketing & Client Experience | Richard Murdocco |
| Vice President of Corporate Human Resources | Erin MacGrady |
Major Backers & Investors (SUNE)
Notable institutional backers of SUNation Energy Inc. include AWM Investment Company, Inc., Jane Street Group, LLC, Fidelity, according to Nexqual as of October 23, 2026 at 16:41 UTC.
Active Investors
| Investor | Stake |
|---|---|
| AWM Investment Company, Inc. | 12.59% |
| Jane Street Group, LLC | 3.27% |
| Fidelity | 0.65% |
| GSA Capital Partners LLP | 0.58% |
| Morgan Stanley | 0.23% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 0.97% |
| Geode Capital | 0.51% |
Source: Nexqual, October 23, 2026 at 16:41 UTC.
From SUNation Energy Inc.'s Latest SEC 10-K Filing (filed 2026-03-23)
Key Strengths & Strategy (as disclosed to the SEC)
- Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services.
- We have proprietary technology in this area, and strong relationships with regulators and utilities.
- As we grow both organically and through acquisitions, we expect to lower the costs of acquiring key input products such as modules, inverters, and electrical balance-of-systems components, which we anticipate should allow us to accelerate growth through lower pricing and enhanced profit margins.
- As an experienced operator in the residential and commercial solar industries, we have built relationships with these large solar product providers.
Legal & Regulatory Risks (Item 1A, quoted)
- Product liability and property damage claims against the Company or accidents could result in adverse publicity and potentially significant monetary damages.
- The Company's inability to protect its intellectual property could adversely affect its business. The Company may also be subject to intellectual property rights claims by third parties, which are extremely costly to defend, could require it to pay significant damages and could limit its ability to use certain technologies.
- Litigation brought by third parties claiming breach of contract, contractual defaults or other claims for may be costly and time consuming.
- Changes in current laws or regulations or the imposition of new laws or regulations, or new interpretations thereof, in the solar energy sector, by federal or state agencies in the United States could impair our ability to compete and could materially harm our business, financial condition and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| JKS | JinkoSolar Holding Company Limi | USD 8.21 | ▲ 0.86% |
| ARRY | Array Technologies, Inc. | USD 3.17 | ▼ 4.09% |
| CSIQ | Canadian Solar Inc. | USD 9.21 | ▼ 0.11% |
| SHLS | Shoals Technologies Group, Inc. | USD 7.53 | ▼ 2.59% |
| RUN | Sunrun Inc. | USD 7.54 | ▼ 2.14% |
| SEDG | SolarEdge Technologies, Inc. | USD 33.3 | ▲ 1.09% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 16:41 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt