SUNation Energy Inc. Common Stock (SUNE)

FairStock Score: 67/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn consistent profits and can defend their place in the market. SUNation installs solar and battery systems, a capital-intensive, competitive trade with no obvious durable moat. The filed record is troubling: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $8.2M and net income was -$3.3M; in fiscal Q1 2026, revenue was $7.2M and net income -$4.1M. For FY2025, revenue was $71.9M and net income -$10.9M, after FY2024 revenue of $56.9M and net income -$15.8M and FY2023 revenue of $79.6M and net loss of $8.1M. FairStock reports revenue growth of -43.07%, ROE of -24.49%, ROCE of -6.30%, and trailing free cash flow of -$1.8M, a -42.9% FCF yield. The balance sheet has debt-to-equity of 0.40, but Altman Z of -2.08 flags distress. On price, at the 2026-10-13 close of $2.30, FairStock shows P/B of 0.73, a Graham Number of $12.43, and an 81.5% margin of safety. A Piotroski F-Score of 6/9 offers some encouragement. Still, a low price against book value is not a margin of safety when the company is consuming cash and has lost money for four straight years. I would want to see sustained positive earnings and cash generation before treating this as a true value opportunity.

In plain English: SUNation Energy designs and installs solar panels and battery storage systems for homes and businesses. The business looks weak because it has been losing money and sales have fallen sharply. At $2.30 a share, the stock looks cheap compared with its accounting book value and a calculated fair-value estimate, but the losses and cash burn make that cheapness uncertain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer