SUNation Energy (SUNE, Financial) has successfully maintained its listing on the Nasdaq Stock Market following a decision by the Nasdaq Hearings Panel on June 10, 2025. The panel determined that the company is compliant with Nasdaq Listing Rules 5100 and 5550(a)(2). These rules pertain to the "Public Interest Concern" and "Bid Price Rule," which were the initial reasons for the non-compliance and delisting notices previously issued to SUNE. With this resolution, the panel has decided to close the matter, allowing SUNE to continue its presence on Nasdaq. The company's CEO expressed satisfaction with this outcome and remains optimistic about SUNE's business prospects and growth opportunities for 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for SUNation Energy Inc (SUNE, Financial) is $1.50 with a high estimate of $1.50 and a low estimate of $1.50. The average target implies an downside of 5.66% from the current price of $1.59. More detailed estimate data can be found on the SUNation Energy Inc (SUNE) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, SUNation Energy Inc's (SUNE, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
