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NASDAQ:SNDL

SNDL (SNDL) Stock Forecast, Price & News

$1.90
-0.02 (-1.04%)
(As of 09/29/2023 ET)
Compare
Today's Range
$1.88
▼
$1.96
50-Day Range
$1.37
▼
$2.19
52-Week Range
$1.25
▼
$3.36
Volume
3.25 million shs
Average Volume
3.74 million shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.60
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

SNDL MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
89.5% Upside
$3.60 Price Target
Short Interest
Healthy
6.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of SNDL in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

See Top Rated MarketRank™ Stocks Here

SNDL stock logo

About SNDL (NASDAQ:SNDL) Stock

SNDL Inc. is a dual-play on the adult-oriented consumables market in Canada. The company’s two branches include a Canadian-based integrated cannabis company with global aspirations and a portfolio of liquor retail banners with more than 150 retail locations across Canada including western Canada’s largest liquor outlet. On the cannabis end of the business, the company operates two retail banners, one with a focus on the high-end experience and the other focused on value brands.

The company was originally incorporated in 2006 under the name Sundial Growers Inc and went public in 2019 ahead of the launch of adult-use legalization in Canada. The company rebranded to SNDL Inc. in mid-2022 and prides itself on craft cannabis cultivation at scale. SNDL Inc. is headquartered in Calgary, Canada with sales in every province. As of Q2, 2022, the liquor side of the business accounts for more than 65% of the total revenue. The company also boasts no debt which is rare for a cannabis company.

The company’s cannabis business engages in the production, distribution, and sale of cannabis products in Canada through a network of dispensaries and wholesales. The company operates this segment in two subsegments labeled Cannabis Operations and Retail Operations. The company’s private-lable offerings are available through company-owned stores while other products are available to the adult-use market. Products the company makes include cannabis flowers, pre-rolls, vapes, rosins, and hash. It employs more than 2,500 ppl in more than 350 stores including cannabis and liquor. At the end of Q2, 2022, the company was operating more than 440,000 square feet of indoor cannabis cultivation space, or enough to grow roughly 45,000 pounds every cultivation cycle.

SNDL brands include Top Leaf, Sundial Cannabis, Palmetto, Grasslands, and Spirtleaf Selects. The Top Leaf brand is geared toward cannabis enthusiasts and what they want to smoke which is the best available in all categories from flowers to vapes. The Sundial brand is the core brand and includes products geared toward the cannabis lifestyle. Product lines range from Calm to Spark with Ease, Flow, and Lift in between. The Palmetto Brand is geared toward the hipper set while Grasslands is a simpler brand for those that just want to enjoy a good smoke without the hassle of choosing from dozens of flavors and profiles. The brand includes just three lines that are Sativa, Indica, and Hybrid, nothing more than a cannabis lover needs and nothing less.

The Spiritleaf Selects brand is a private-label offering in conjunction with the company’s production teams. The Spiritleaf Select label includes a curated lot of products that are the best the company has to offer. Consumers can inquire at local shops as to what is available at the time they are there.

SNDL Price History

SNDL Stock News Headlines

September 6, 2023 | marketbeat.com
Will This New Development Mean A Big Rally In Cannabis Stocks? (SNDL)
Numerous cannabis stocks surged after a government agency recommended removing marijuana from Schedule 1, potentially paving the way for industry growth.
September 26, 2023 | americanbankingnews.com
SNDL Target of Unusually High Options Trading (NASDAQ:SNDL)
September 29, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
September 22, 2023 | finance.yahoo.com
SunStream USA Launches as a Result of Restructuring of Parallel
September 18, 2023 | prnewswire.com
SNDL to Participate in Upcoming Investor and Cannabis Conferences
September 15, 2023 | finance.yahoo.com
SNDL's Wine and Beyond Expands Reach with E-Commerce Launch
September 11, 2023 | msn.com
SNDL, XXII, DAR among consumer staples movers
September 6, 2023 | msn.com
LFVN, EAST, SNDL among consumer staples movers
September 29, 2023 | Stansberry Research (Ad)
1907, 1929, 1998, 2007--and now 2023?
Analyst who called Lehman Bros. collapse says exact same scenario that occurred in 4 of America’s biggest economic calamities is unfolding again now. More here.
August 31, 2023 | benzinga.com
Why SNDL Stock Is Rising
August 30, 2023 | msn.com
Pot stocks rally after health officials ask DEA to reclassify marijuana as lower-risk drug
August 30, 2023 | markets.businessinsider.com
Why SNDL Stock Is Shooting Higher
August 19, 2023 | investing.com
SNDL Inc (SNDL)
August 18, 2023 | msn.com
SNDL: Adult-Use Cannabis Needs Revival
August 15, 2023 | seekingalpha.com
SNDL reports Q2 results
August 15, 2023 | finance.yahoo.com
Q2 2023 SNDL Inc Earnings Call
August 14, 2023 | markets.businessinsider.com
Canadian Marijuana Stock Slightly Up On Q2 Earnings: 9.3% YoY Revenue Growth, Reduced Net Loss
August 14, 2023 | finance.yahoo.com
SNDL Reports Second Quarter 2023 Financial and Operational Results
August 3, 2023 | finance.yahoo.com
SNDL to Announce Second Quarter 2023 Financial Results on August 14, 2023
July 28, 2023 | finance.yahoo.com
SNDL Announces 2023 Annual General Meeting Results
July 26, 2023 | benzinga.com
What's Going On With SNDL Stock?
July 5, 2023 | finance.yahoo.com
Shareholders in SNDL (NASDAQ:SNDL) are in the red if they invested three years ago
July 4, 2023 | stocknews.com
Buy, Hold or Sell in July: Canopy Growth (CGC) and SNDL Inc. (SNDL)
June 30, 2023 | finance.yahoo.com
SNDL and Nova Cannabis Extend Outside Date for Closing of the Strategic Partnership
June 28, 2023 | wsj.com
SNDL Inc.
June 23, 2023 | markets.businessinsider.com
Why SNDL Stock Is Getting Hammered
June 22, 2023 | finance.yahoo.com
Is SNDL a Top Growth Stock?
See More Headlines
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SNDL Company Calendar

Last Earnings
8/14/2023
Today
9/29/2023
Next Earnings (Estimated)
11/13/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Medicinals & botanicals
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:SNDL
CUSIP
N/A
CIK
1766600
Web
www.sundialcannabis.com
Phone
(844) 249-6746
Fax
N/A
Employees
2,607
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.60
High Stock Price Forecast
$3.60
Low Stock Price Forecast
$3.60
Forecasted Upside/Downside
+88.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.90)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-257,770,000.00
Net Margins
-31.64%
Pretax Margin
-36.33%
Return on Equity
-7.33%
Return on Assets
-6.16%

Debt

Debt-to-Equity Ratio
0.10
Current Ratio
4.49
Quick Ratio
2.91

Sales & Book Value

Annual Sales
$561.28 million
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$6.15 per share
Price / Book
0.31

Miscellaneous

Outstanding Shares
N/A
Free Float
N/A
Market Cap
N/A
Optionable
Not Optionable
Beta
3.64
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Key Executives

  • Mr. Zachary Ryan George IV (Age 45)
    CEO & Non Independent Director
    Comp: $1.61M
  • Mr. Robbie Madan (Age 44)
    Chief Information & Digital Officer
    Comp: $280.89k
  • Mr. Ryan Hellard (Age 34)
    Chief Strategy Officer
    Comp: $224.88k
  • Mr. Alberto Paredero-Quiros
    Chief Financial Officer
  • Mr. Matthew Scott Husson
    Gen. Counsel & Corp. Sec.
  • Sophie Pilon
    Corp. Communications Mang.
  • Frank Luke Fallwell
    Director of Corp. Devel.
  • Mr. Greg McDonald
    VP of Sales
  • Ms. Deanna Garand (Age 40)
    VP of HR
  • Ms. Marcie Catherine Kiziak (Age 42)
    Pres of Cannabis Retail

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













SNDL Stock - Frequently Asked Questions

Should I buy or sell SNDL stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SNDL in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SNDL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SNDL, but not buy additional shares or sell existing shares.
View SNDL analyst ratings or view top-rated stocks.

What is SNDL's stock price forecast for 2023?

1 brokerages have issued twelve-month target prices for SNDL's shares. Their SNDL share price forecasts range from $3.60 to $3.60. On average, they expect the company's stock price to reach $3.60 in the next year. This suggests a possible upside of 88.5% from the stock's current price.
View analysts price targets for SNDL or view top-rated stocks among Wall Street analysts.

How have SNDL shares performed in 2023?

SNDL's stock was trading at $2.09 at the start of the year. Since then, SNDL stock has decreased by 8.6% and is now trading at $1.91.
View the best growth stocks for 2023 here.

When is SNDL's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our SNDL earnings forecast.

How were SNDL's earnings last quarter?

SNDL Inc. (NASDAQ:SNDL) issued its earnings results on Monday, August, 14th. The company reported ($0.08) EPS for the quarter. The firm had revenue of $182.05 million for the quarter. SNDL had a negative net margin of 31.64% and a negative trailing twelve-month return on equity of 7.33%.

What ETFs hold SNDL's stock?

ETFs with the largest weight of SNDL (NASDAQ:SNDL) stock in their portfolio include ETFMG Alternative Harvest ETF (MJ), AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN), Global X Cannabis ETF (POTX), Cambria Cannabis ETF (TOKE) and AdvisorShares Pure Cannabis ETF (YOLO).Amplify Seymour Cannabis ETF (CNBS).

When did SNDL's stock split?

SNDL shares reverse split on Tuesday, July 26th 2022. The 1-10 reverse split was announced on Tuesday, July 26th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, July 26th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What is Torsten Kuenzlen's approval rating as SNDL's CEO?

3 employees have rated SNDL Chief Executive Officer Torsten Kuenzlen on Glassdoor.com. Torsten Kuenzlen has an approval rating of 30% among the company's employees. This puts Torsten Kuenzlen in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of SNDL own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SNDL investors own include Organigram (OGI), Aurora Cannabis (ACB), Genius Brands International (GNUS), Onconova Therapeutics (ONTX), Top Ships (TOPS), Cronos Group (CRON) and Sorrento Therapeutics (SRNE).

When did SNDL IPO?

(SNDL) raised $130 million in an initial public offering on Thursday, August 1st 2019. The company issued 10,000,000 shares at $12.00-$14.00 per share. Cowen, BMO Capital Markets and Barclays served as the underwriters for the IPO.

What is SNDL's stock symbol?

SNDL trades on the NASDAQ under the ticker symbol "SNDL."

How do I buy shares of SNDL?

Shares of SNDL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SNDL's stock price today?

One share of SNDL stock can currently be purchased for approximately $1.91.

How many employees does SNDL have?

The company employs 2,607 workers across the globe.

How can I contact SNDL?

SNDL's mailing address is 919 11 AVENUE SW SUITE 200, CALGARY A0, T2R1P3. The official website for the company is www.sundialcannabis.com. The company can be reached via phone at (844) 249-6746 or via email at jmoss@sundialgrowers.com.

This page (NASDAQ:SNDL) was last updated on 9/29/2023 by MarketBeat.com Staff

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