HA Sustainable Infrastructure has delivered three consecutive quarterly earnings beats with 64% net margins that rank at the top of its peer group, but these positives face a significant headwind from a 28% year-over-year revenue decline, deteriorating price momentum, and an extremely elevated put-to-call ratio of 6.5 that signals defensive options positioning — indicating the turnaround thesis is not yet confirmed by fundamental or technical trends.
Thesis pillars
- Options Market Defensive Positioning→Stable
- Earnings Recovery Three Straight Beats→Stable
- Best In Class Margin Profile→Stable
- +1 more pillar — see the Why tab for full reasoning
HA Sustainable Infrastructure C (HASI) Stock Analysis
Range Bound setup
Financial Services · Asset Management
Sell if holding. Multiple concerning factors at $38.28: Leverage penalty (D/E 2.1): -1.5; Concentration risk — Product: BTM assets (52.0%).
HASI deploys capital in sustainable infrastructure across three segments—Behind the Meter (52% of portfolio), Grid-Connected (34%), and Fuels, Transport, and Nature (14%). With $16.1 billion in managed assets and a retained portfolio of $7.6 billion, the company earns interest... Read more
Sell if holding. Multiple concerning factors at $38.28: Leverage penalty (D/E 2.1): -1.5; Concentration risk — Product: BTM assets (52.0%). Chart setup: RSI 54 mid-range, Bollinger mid-band. Score 4.3/10, high confidence.
Passes 7/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, news events none recent, earnings proximity 32d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.
Recent developments
updated 2026-07-07Recent Developments — HA Sustainable Infrastructure C
Latest news
- NEWS HA Sustainable Infrastructure Capital (HASI) Reports Q1: Everything You Need To Know Ahead Of Earnings - StockStory — StockStory positive
- NEWS Ameresco Forms Neogenyx Biogas Joint Venture with HASI - The Globe and Mail — The Globe and Mail positive
- NEWS Ameresco, HASI Launch $1.8 Billion Biofuels Platform - ESG Today — ESG Today positive
- NEWS Ameresco Forms Biofuels JV With HASI - Moomoo — Moomoo positive
- NEWS The Bull Case For HA Sustainable Infrastructure Capital (HASI) Could Change Following Neogenyx Biofuels JV Launch - Yaho — Yahoo Finance positive
Generated 2026-07-07T11:31:43Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductBTM assets52%10-K Item 1: 'Approximately 52% of our Portfolio is invested in BTM assets'
Material Events(8-K, last 90d)
- 2026-03-27Item 5.02LOWHA Sustainable Infrastructure Capital adopted the Executive Protection Plan on March 25, 2026, providing tiered severance benefits to CEO (Tier A), named executive officers (Tier B), and other designated management (Tier C) upon qualifying termination. Plan effective May 1, 2026. No officer departures disclosed.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Revenue shrinking — -28.3% YoY. Growth thesis broken unless recovery story develops.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Multiple concerning factors at $38.28: Leverage penalty (D/E 2.1): -1.5; Concentration risk — Product: BTM assets (52.0%). Chart setup: RSI 54 mid-range, Bollinger mid-band. Prior stop was $36.22. Score 4.3/10, high confidence.
Take-profit target: $44.46 (+16.1% upside). Prior stop was $36.22. Stop-loss: $36.22.
Concentration risk — Product: BTM assets (52.0%); Leverage penalty (D/E 2.1): -1.5; Weak overall score: 4.3/10.
HA Sustainable Infrastructure C trades at a P/E of 95.6 (forward 11.5). TrendMatrix value score: 4.6/10. Verdict: Sell.
22 analysts cover HASI with a consensus score of 4.2/5. Average price target: $49.
What does HA Sustainable Infrastructure C do?HASI deploys capital in sustainable infrastructure across three segments—Behind the Meter (52% of portfolio),...
HASI deploys capital in sustainable infrastructure across three segments—Behind the Meter (52% of portfolio), Grid-Connected (34%), and Fuels, Transport, and Nature (14%). With $16.1 billion in managed assets and a retained portfolio of $7.6 billion, the company earns interest income, equity returns, securitization gains, and management fees from income-generating clean energy assets.