Their SNDL stock forecasts range from $0.70 to $0.70. On average, they predict Sundial Growers' stock price to reach $0.70 in the next twelve months. This suggests a possible upside of 123.6% from the stock's current price.
Full Answer
Is sundial growers stock a good buy at $4?
Sundial Growers stock was a top trending stock on Reddit’s WallStreetBets forum in early 2021. Essentially, a large group of mostly retail investors pushed the stock to nearly $4 a share as part of a short-squeeze . This is not a typical market action and should be watched with caution.
What are analysts'price targets for sundial growers (SDG) stock?
5 Wall Street analysts have issued 12-month price targets for Sundial Growers' stock. Their forecasts range from $0.40 to $1.15. On average, they expect Sundial Growers' stock price to reach $0.73 in the next year. This suggests that the stock has a possible downside of 15.8%.
Is @sundial growers a sinking ship?
Sundial Growers has been a sinking ship over the past year, falling a whopping 72% in 12 months. That's slightly worse than the Horizons Marijuana Life Sciences ETF, which has declined by 69%.
Is sundial a public company?
Sundial is a public company whose shares are traded on Nasdaq under the symbol "SNDL." Its business is reported and analyzed under four segments: Cannabis Production and Cultivation, Cannabis Retail, Liquor Retail, and Investments.
Is Sundial Growers stock a good investment?
Following the Q3 earnings report, Sundial shares experienced a strong rally. However, even though SNDL is worth just over 50 cents and is under pressure to pass the $1-per-share level to remain in compliance with Nasdaq, here are three reasons why buying the stock ahead of earnings could be a good deal.
Is Sundial Growers stock expected to rise?
Stock Price Forecast The 3 analysts offering 12-month price forecasts for Sundial Growers Inc have a median target of 0.50, with a high estimate of 0.78 and a low estimate of 0.48. The median estimate represents a +70.33% increase from the last price of 0.29.
Is Sundial growers growing?
Summary. Sundial Growers reported Q1-2022 revenue of CA$17.6 million, representing a 78% increase YoY. The company's numbers do not yet include the Alcanna and Nova Cannabis acquisitions.
What will sundial growers reach?
Analysts forecast Sundial Growers can increase revenue from CA$73.3 million last year to around CA$705 million in 2022 and as much as CA$1.1 billion by the end of 2024, at which time it will be generating $0.03 per share in profits.
What will SNDL be worth in 2022?
On average, 1 Wall Street analysts forecast SNDL's revenue for 2022 to be $179,367,904,950, with the lowest SNDL revenue forecast at $179,367,904,950, and the highest SNDL revenue forecast at $179,367,904,950.
Will sundial stock recover?
The technical analysis and analysts' views outlined above indicate that Sundial Growers may have little potential to rebound to its highs in the short term.
What happens if SNDL gets delisted?
The Worst-Case Scenario for SNDL When stocks are delisted, they can no longer publicly appear on that stock exchange. In Sundial's case, that means it couldn't be traded on the Nasdaq. A delisted stock can still be traded over-the-counter (OTC), meaning it would trade in a decentralized market.
Will Sundial Growers go out of business?
Based on the latest financial disclosure, Sundial Growers has a Probability Of Bankruptcy of 66%.
Why is SNDL stock so low?
SNDL Stock and Non-Compliance Sundial Growers has had consistent troubles complying with the Nasdaq minimum bid rule. The stock has traded below the $1 minimum bid since March 2020, with the exception of a brief period in early 2021 due to Reddit excitement. That too, passed, sending SNDL stock below $1 again.
Should I buy or sell Sundial Growers stock right now?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sundial Growers in the last year. There are currently 2 hold ratings and 1...
What is Sundial Growers' stock price forecast for 2022?
3 Wall Street analysts have issued 12-month target prices for Sundial Growers' shares. Their forecasts range from $0.70 to $0.70. On average, they...
How has Sundial Growers' stock price performed in 2022?
Sundial Growers' stock was trading at $0.5780 at the start of the year. Since then, SNDL shares have decreased by 43.1% and is now trading at $0.32...
When is Sundial Growers' next earnings date?
Sundial Growers is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022. View our earnings forecast for Sun...
How were Sundial Growers' earnings last quarter?
Sundial Growers Inc. (NASDAQ:SNDL) issued its earnings results on Friday, May, 15th. The company reported ($0.41) EPS for the quarter, missing the...
Who are Sundial Growers' key executives?
Sundial Growers' management team includes the following people: Mr. Zachary Ryan George IV , CEO & Non Independent Director (Age 44, Pay $3.73M)...
What is Torsten Kuenzlen's approval rating as Sundial Growers' CEO?
3 employees have rated Sundial Growers CEO Torsten Kuenzlen on Glassdoor.com . Torsten Kuenzlen has an approval rating of 30% among Sundial Grower...
Who are some of Sundial Growers' key competitors?
Some companies that are related to Sundial Growers include Tilray (TLRY) , Canopy Growth (CGC) , USANA Health Sciences (USNA) , Cronos Group (C...
What other stocks do shareholders of Sundial Growers own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Sundial Growers investors own include (CGC) , OrganiGram...
Sundial Growers analysis: rough start to 2021, encouraging developments later
Sundial Growers’ first-quarter earnings report highlighted declining revenue. Net revenue from branded cannabis products was down from $11.4m ($9.96m) in the prior quarter to $7.2m. The company said that sales had been affected by multiple industry-wide headwinds, including provincial boards reducing inventory levels, and retail market conditions.
Sundial Growers (SNDL) stock forecast: what do Wall Street analysts think?
Sundial Growers has a market capitalisation of $1.01bn at the time of writing (16 February). Just four analysts cover the company and offer Sundial Growers stock predictions.
SNDL stock is a good buy
Sundial Growers is a marijuana firm based in Canada. The company spent most of the last year restructuring by raising cash and reshaping into a two-pillar business model that relies largely on acquisitions. In doing so, Sundial diluted existing shareholders by raising its share count by over 1 billion shares, or over 1,500 percent from a year ago.
SNDL stock is expected to go up
In my view, we’re done with the sell-off and SNDL stock might recover now. According to Sundial, its net asset value per share was $0.66 as of June 30, which isn't far from SNDL's current market price of $0.71.
Will Sundial enter U.S. markets?
With Democrats gaining control of the Senate and President Biden's election win, the chances for marijuana legalization have never been brighter. If the federal government acts, Canadian licensed producers like Sundial will be allowed to access the lucrative U.S. marijuana market.
