Stock FAQs

how much will sndl stock go

by Roma Wuckert MD Published 3 years ago Updated 2 years ago
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Nonetheless, as of 23 December 2021, SNDL stock is trading at $0.67. As such, it remains to be seen when SNDL stock price will reach $1 moving forward. In July 2021, SNDL announced the acquisition of Inner Spirit Holdings (OTC:INSHF).

–SNDL Stock Forecast: Shares of SNDL are expected to trade between $0.41 and $0.48. The overall recommendation is Sell . -The average 12-month target for SNDL is $0.85.
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SNDL Stock Forecast: Latest Price.
Share Volume67.3 M
Forward P/E (1 Year)N/A
5 days ago

Full Answer

Where can I buy shares of SNDL?

Apr 17, 2022 · Sundial Growers' stock was trading at $0.91 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SNDL shares have decreased by 56.0% and is now trading at $0.40. View which stocks have been most impacted by COVID-19.

Is a reverse stock split the only option for SNDL stock?

May 06, 2022 · The Sundial Growers Inc. stock price fell by -2.22% on the last day (Friday, 6th May 2022) from $0.46 to $0.45. and has now fallen 3 days in a row. During the day the stock fluctuated 4.64% from a day low at $0.44 to a day high of $0.47. The price has been going up and down for this period, and there has been a -12.76% loss for the last 2 weeks.

What is The SNDL stock forecast for 2022?

May 03, 2022 · Real-time trade and investing ideas on Sundial Growers Inc SNDL from the largest community of traders and investors. Rooms Shows Rankings Earnings Newsletters Shop. Cancel. Log In. Sign Up. DOW 0.00%. S&P 500 0.00%. NASDAQ 0.00%. Trending now. Sundial Growers Inc 0.49 0.00 (0.54%) Watch.

Is SNDL a sell or buy on Robinhood?

Mar 17, 2021 · From the get-go, Sundial is expected to commit ~C$100 million of capital to the venture’s special opportunities fund.

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Is SNDL stock gonna go up?

Stock Price Forecast

The 4 analysts offering 12-month price forecasts for Sundial Growers Inc have a median target of 0.65, with a high estimate of 0.80 and a low estimate of 0.50. The median estimate represents a +58.98% increase from the last price of 0.41.

Is SNDL a good stock to buy?

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.Mar 22, 2022

What price will SNDL reach?

What price target have analysts set for SNDL? 3 Wall Street analysts have issued 1 year target prices for Sundial Growers' stock. Their forecasts range from $0.40 to $0.40. On average, they anticipate Sundial Growers' stock price to reach $0.40 in the next twelve months.

Is SNDL good to hold?

The financial health and growth prospects of SNDL, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

Is SNDL a meme stock?

Its share price has been skyrocketing in the past month.

Sundial Growers (SNDL -6.44%) is one of the cannabis industry's most popular meme stocks.
Apr 7, 2022

Is SNDL shorted?

So, is SNDL stock being shorted? Absolutely, at 15.73% the stock is heavily shorted.

Is SNDL a penny stock?

One of the most popular marijuana penny stocks, Sundial Growers (NASDAQ: SNDL) has followed suit.Apr 1, 2022

Why is sundial Growers stock so low?

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.Feb 15, 2022

Is Tilray a buy?

The 2021 merger between two strong cannabis companies, Tilray (TLRY -7.38%) and Aphria, is turning out to be fruitful. Since the deal was completed, Tilray has reported impressive quarterly results. Its recent third quarter (ended Feb. 28) report had some brights spots for investors.Apr 20, 2022

Is Sundial Growers a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sundial Growers in the last twelve months. There are currently 2...

How has Sundial Growers' stock price been impacted by COVID-19?

Sundial Growers' stock was trading at $0.91 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. S...

When is Sundial Growers' next earnings date?

Sundial Growers is scheduled to release its next quarterly earnings announcement on Tuesday, March 29th 2022. View our earnings forecast for Sundi...

How can I listen to Sundial Growers' earnings call?

Sundial Growers will be holding an earnings conference call on Wednesday, March 30th at 10:30 AM Eastern. Interested parties can register for or li...

How were Sundial Growers' earnings last quarter?

Sundial Growers Inc. (NASDAQ:SNDL) released its earnings results on Friday, May, 15th. The company reported ($0.41) earnings per share (EPS) for th...

Who are Sundial Growers' key executives?

Sundial Growers' management team includes the following people: Zachary Ryan George , Chief Executive Officer & Director Andrew Stordeur , Presi...

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 Canopy Growth (CGC) , Tilray (TLRY) , 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...

Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, August 20, 2021, and so far it has risen 3.57%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss

Sundial Growers Inc. finds support from accumulated volume at $0.71 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

Is Sundial Growers Inc. stock A Buy?

Sundial Growers Inc. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

SNDL stock short interest

According to the data from Fintel, SNDL had a short volume ratio of around 26 percent on June 23. While it's the highest ratio this week, there hasn’t been a major change in the short interest. Over the last 10 days, the stock’s short volume ratio has been above 20 percent consistently.

SNDL stock forecast

Like many other Reddit names, Wall Street isn't too bullish on Sundial Growers. Its median target price of $0.71 is a 28.7 percent discount over the current prices. The stock has three sell and three hold ratings. None of the analysts have a buy or equivalent rating.

SNDL stock on Reddit group WallStreetBets

A recent post on WallStreetBets talked about the possibility of SNDL “exploding.” Another post talked about the fact that Connecticut Governor Ned Lamont has signed the law legalizing adult-use marijuana in the state. Connecticut has become the 19th U.S. state to legalize marijuana even though it's still illegal at the federal level.

How high can SNDL stock go?

Reddit traders have taken some stocks literally to the moon and their valuations look out of sync with the fundamentals. However, given the strong momentum in marijuana stocks and the renewed interest from WallStreetBets, SNDL can run up another 20 percent from these levels.

Sundial Growers: is the original catalyst still true?

The case for buying Sundial Growers stock in late 2020 and very early 2021 should be revisited in greater detail.

Sundial Growers investing in growth

Flushed with cash and no debt, the company wasted no time in getting to work in 2021. On 11 January 2021, Sundial announced the launch of new premium high-quality cannabis derivative products under its Top Leaf brand.

Sundial Growers (SNDL) stock forecast: what the chart is saying

A key component towards evaluating an SNDL stock forecast is to take a look at the stock chart and evaluate a brief technical analysis.

What Wall Street analysts are saying

Sundial is not a heavily covered stock among Wall Street analysts. There aren’t that many cannabis-focused analysts. Nevertheless, the median price target of the four analysts who model Sundial’s future price is 75 cents (as of 26 August 2021).

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.

What is SNDL stock?

Sundial Growers (NASDAQ: SNDL) is a Canadian cannabis company that has raised a large amount of money recently, and started making investments with that cash. It is almost as if the company is a sort of cannabis investment fund. SNDL stock will eventually reflect the value of its cash and investments.

Does Sundial Growers care about share dilution?

To say that Sundial Growers management does not care about their share dilution is an understatement. They obviously believe it is better to dilute shareholders and gain the cash as a way to make SNDL stock go up.

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