SunOpta (STKL) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SunOpta in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" STKL shares.
View STKL analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12-month target prices for SunOpta's shares. Their STKL share price forecasts range from $8.00 to $10.00. On average, they expect the company's share price to reach $9.33 in the next twelve months. This suggests a possible upside of 157.8% from the stock's current price.
View analysts price targets for STKL or view top-rated stocks among Wall Street analysts.

SunOpta's stock was trading at $8.44 at the beginning of 2023. Since then, STKL stock has decreased by 57.1% and is now trading at $3.62.
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SunOpta saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 5,680,000 shares, a decline of 21.2% from the August 15th total of 7,210,000 shares. Based on an average daily volume of 1,180,000 shares, the short-interest ratio is presently 4.8 days.
View SunOpta's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our STKL earnings forecast.

SunOpta Inc. (NASDAQ:STKL) issued its earnings results on Wednesday, August, 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.02. The firm earned $207.81 million during the quarter, compared to analyst estimates of $225 million. SunOpta had a negative net margin of 3.29% and a positive trailing twelve-month return on equity of 2.43%.

SunOpta updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $880.00 million-$900.00 million, compared to the consensus revenue estimate of $1.02 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other SunOpta investors own include Plug Power (PLUG), Walt Disney (DIS), Advanced Micro Devices (AMD), Intel (INTC), NVIDIA (NVDA), Pfizer (PFE), Sorrento Therapeutics (SRNE), Tesla (TSLA), QUALCOMM (QCOM) and Alibaba Group (BABA).

SunOpta trades on the NASDAQ under the ticker symbol "STKL."

SunOpta's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.56%), Cooperman Leon G (3.39%), abrdn plc (2.57%), Portolan Capital Management LLC (2.06%), Diamond Hill Capital Management Inc. (2.00%) and Hodges Capital Management Inc. (1.51%). Insiders that own company stock include Barend Reijn, Chris Whitehair, David Largey, Engaged Capital Llc, Joseph Ennen, Lovas Katrina Houde, Matthew S Bromberg, Mike Buick, Rebecca Fisher, Robert Duchscher and Scott E Huckins.
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Shares of STKL 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.
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One share of STKL stock can currently be purchased for approximately $3.62.

SunOpta (NASDAQ:STKL) has a market capitalization of $427.63 million and generates $934.66 million in revenue each year. The company earns $-4,840,000.00 in net income (profit) each year or ($0.28) on an earnings per share basis.

The company employs 1,453 workers across the globe.

SunOpta's mailing address is 2233 ARGENTIA ROAD SUITE 401, MISSISSAUGA A6, L5N 2X7. The official website for the company is www.sunopta.com. The company can be reached via phone at 952-820-2518, via email at investors@sunopta.com, or via fax at 905-819-7971.