SUNation Energy (SUNE) AI Stock Analysis

• Market Cap: $5.14M
• Dividend Yield: N/A
• Average Volume (3M): 1.03M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.68
• Revenue Growth: -20.49%
• EPS Growth: 88.27%
• Country: US
• Employees: 189
• Sector: Technology
• Sector Strength: 78
• Industry: Engineering & Construction
• EPS (TTM): -106.71
• Shares Outstanding: 3,406,614
• 10 Day Avg. Volume: 411,879
• 30 Day Avg. Volume: 1,030,333
• PEG Ratio: <0.01
• Price to Book (P/B): <0.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.41
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 30 Underperform
• Price Target: $1.50 ▼( -0.66% Downside)

SUNation Energy's overall stock score is low, primarily due to significant financial challenges, including poor profitability, high leverage, and liquidity issues. Technical analysis indicates a bearish trend, with potential for a rebound, but current momentum is weak. The valuation score reflects unattractive metrics due to negative earnings. While the company's strategic corporate events and positive earnings call guidance offer some optimism, the current financial and operational difficulties result in a cautious outlook for the stock.

SUNation Energy Business Overview & Revenue Model

Company Description

SUNation Energy, Inc. is focused on local and regional solar, storage, and energy services companies nationwide. The firm's vision is to power the energy transition through the grass-roots growth of solar electricity paired with battery storage. Its portfolio of brands, including SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power, provides homeowners and small businesses with an end-to-end product offering spanning solar, battery storage, and grid services. The company was founded in 1969 and is headquartered in Ronkonkoma, NY.

How the Company Makes Money

SUNation Energy makes money primarily through the sale and installation of solar power systems. The company's revenue streams include direct sales to residential and commercial customers, ongoing maintenance and service contracts, and leasing agreements for solar equipment. Additionally, SUNation Energy may benefit from government incentives and rebates for renewable energy projects, enhancing the financial attractiveness of its offerings. Partnerships with financial institutions and energy companies can also contribute to revenue by facilitating financing options for customers and expanding the company's market reach.

SUNation Energy Financial Statement Overview

Summary

SUNation Energy faces significant financial challenges across income, balance sheet, and cash flow metrics. The company struggles with profitability, leverage, and liquidity, which could pose risks if not addressed. Improvement in revenue generation and cost management is crucial for stabilizing financial health.

Income Statement

SUNation Energy has seen a volatile revenue trajectory with a recent decline from the previous period, indicating a contraction in sales. The gross profit margin is modest, but negative EBIT and EBITDA margins suggest significant operational challenges. The net profit margin is also negative, reflecting ongoing profitability issues.

Balance Sheet

The company's balance sheet shows a high debt-to-equity ratio, signaling leverage concerns. Return on equity is negative due to losses, and the equity ratio is relatively low, indicating potential financial instability. The decrease in stockholders' equity further exacerbates this concern.

Cash Flow

Operating cash flow is negative, and free cash flow has deteriorated, reflecting cash management issues. The operating cash flow to net income ratio is unfavorable, indicating potential liquidity stress. The free cash flow to net income ratio is also negative, underscoring profitability challenges.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2014	Dec 2013
Income Statement		Total Revenue
60.93M	79.63M	27.52M	38.16K	2.48B	2.01B
	Gross Profit
20.35M	27.70M	7.38M	38.16K	221.90M	145.30M
	EBIT
-8.15M	-7.47M	-10.45M	-4.86M	-536.80M	-313.60M
	EBITDA
-3.98M	973.22K	943.41K	-3.43M	-449.00M	-101.40M
	Net Income Common Stockholders
-10.69M	-8.13M	-10.35M	-6.24M	-1.18B	-586.70M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
649.60M	3.58M	4.85M	18.97K	1.09B	614.50M
	Total Assets
3.57B	58.17M	74.70M	2.80M	11.50B	6.68B
	Total Debt
443.90M	19.77M	17.64M	6.54M	7.20B	878.60M
	Net Debt
-34.00M	16.20M	15.45M	6.53M	6.26B	305.10M
	Total Liabilities
1.40B	37.74M	47.47M	11.44M	11.27B	6.45B
	Stockholders Equity
2.17B	20.44M	27.22M	-8.64M	232.90M	232.20M
Cash Flow		Free Cash Flow
-4.31M	-1.32M	-7.69M	-811.02K	-999.60M	-839.90M
	Operating Cash Flow
-4.24M	-667.18K	-7.58M	-811.02K	-770.00M	-706.80M
	Investing Cash Flow
-64.89K	3.57M	-3.10M	479.98K	-2.64B	-868.40M
	Financing Cash Flow
869.48K	-2.76M	15.91M	350.00K	3.80B	1.59B

SUNation Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.51
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SUNE, the sentiment is Negative. The current price of 1.51 is below the 20-day moving average (MA) of 2.02, below the 50-day MA of 27.74, and below the 200-day MA of 1425.40, indicating a bearish trend. The MACD of -7.41 indicates Negative momentum. The RSI at 25.03 is Positive, neither overbought nor oversold. The STOCH value of 4.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SUNE.

SUNation Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WLDN	75 Outperform	$745.86M	30.47	10.78%	―	12.40%	81.98%
ESOA	74 Outperform	$178.71M	9.70	41.26%	0.56%	4.62%	81.73%
AMRC	72 Outperform	$718.04M	13.45	5.64%	―	30.13%	-7.60%
Sector *	61 Neutral	$11.28B	10.16	-6.88%	2.97%	7.41%	-8.93%
SUNE	30 Underperform	$5.14M	―	-152.39%	―	-20.49%	88.27%
ZDAI					―
SKK		$12.00M	34.41		―	―	―

SUNation Energy Corporate Events

SUNation Energy Secures Credit Line Amid Nasdaq Challenge

On April 14, 2025, SUNation Energy entered into a Secured Revolving Line of Credit Agreement with MBB Energy, LLC, allowing the company to borrow up to $1,000,000 over a year. This agreement, with an 8% annual interest rate, is expected to support SUNation’s financial flexibility. Additionally, the company faced a Nasdaq compliance issue due to its stock price falling below $1.00, prompting a reverse stock split effective April 21, 2025, to regain compliance. This move consolidates every 200 shares into one, aiming to increase the market price per share and ensure continued Nasdaq listing.

SUNation Energy Completes $5 Million Direct Offering

On April 7, 2025, SUNation Energy announced the completion of its second and final tranche of a registered direct offering, raising $5 million in gross proceeds. This, combined with the $15 million from the first tranche closed on February 27, 2025, totals $20 million in gross proceeds. The funds have been used to repay $9.4 million in loans, improving the company’s balance sheet and providing financial flexibility for future growth, including strategic acquisitions. The offering marks a significant milestone for SUNation, enhancing its ability to meet industry challenges and pursue long-term growth objectives.

SUNation Energy Announces Strategic Transformation and Leadership Change

SUNation Energy has announced a strategic transformation with a new leadership team and optimized capital structure to enhance its market position. The company aims to grow through acquisitions of regional solar companies and strategic mergers, focusing on long-term success and sustainable business models.

SUNation Energy Repays Loans After $15M Equity Financing

SUNation Energy, Inc. has successfully repaid and terminated several loan agreements, including those with Decathlon Specialty Finance, LLC, Hercules Capital, Inc., Conduit Capital U.S. Holdings LLC, and MBB Energy, LLC, using proceeds from a recent $15 million equity financing. This strategic move, completed by March 3, 2025, eliminates all monthly payment obligations and restrictive covenants, resulting in significant cash savings and increased operational flexibility for potential acquisitions and future financing options.

SUNation Energy Announces $15M Direct Offering Closing

On February 28, 2025, SUNation Energy, Inc. announced the initial closing of a registered direct offering, generating gross proceeds of approximately $15 million. This offering involves the sale of common stock and warrants, with a second closing expected to raise an additional $5 million, bringing total proceeds to $20 million. The funds will be used for operations, strategic transactions, and debt obligations, potentially impacting the company’s financial stability and market position.

SUNation Energy Secures $1M Loan Amid Legal Challenges

SUNation Energy secured a $1 million bridge loan from Conduit Capital U.S. Holdings LLC on July 22, 2024, with a 20% original issue discount and interest rate, secured by the company’s assets. The company also entered into an ATM Offering Agreement with Roth Capital Partners, authorizing the sale of up to $10 million in common stock, raising over $2.8 million by November 2024. Additionally, SUNation resolved a contractual dispute related to Series A Warrants by issuing shares to settle potential claims, preserving cash for operations. Legal proceedings include a landlord dispute over insurance obligations and a potential claim regarding defective third-party equipment, both of which SUNation intends to defend vigorously.