Sundial Growers Stock Price Prediction: Sundial Growers Inc. (NASDAQ: SNDL) has been gaining much attention in the stock market lately, as speculation continues to grow regarding the company’s ability to capitalize on the booming cannabis industry.
Since its IPO in June 2019, Sundial has seen its share price rise and fall multiple times – but what does the future hold for this up-and-coming producer? It’s impossible to know for sure, but with careful analysis, we can better inform our expectations about how Sundial may perform over time.
In this blog post, we’ll look at some key factors that could influence Sundial’s stock price going forward and offer an educated prediction about where SNDL is headed next.
Sundial Growers (SNDL) stocks are currently traded at 2.27 USD. By the year 2025, its average weighted stocks are expected to reach 3.49 USD, with the lowest target price of 3.16 USD and the highest target price of 4.19 USD.
Sundial Growers is a leading Canadian-based cannabis and hemp-based products producer and distributor. The business was founded on August 19, 2006, and is based in Calgary, Alberta, Canada. Sundial is licensed to grow and produce a diverse range of cannabis products including dried flower, oils, pre-rolled joints, topicals, and wellness products.
The business is committed to giving its clients top-notch, sustainably produced goods. Sundial has implemented strict quality control measures throughout its entire production process to ensure that its products meet the highest standards of quality, safety, and consistency.
The business also complies fully with all applicable Canadian laws and rules, such as the Cannabis Act and the Access to Cannabis for Medical Purposes Regulations (ACMPR). Sundial is dedicated to quality and sustainability in addition to both.
The company has implemented eco-friendly practices in its operations, including the use of renewable energy sources, efficient water usage, and a focus on reducing waste.
Sundial Growers is a trusted and reliable producer of cannabis and hemp-based products, committed to providing its customers with high-quality products and a commitment to sustainability and compliance with Canadian regulations.
Financial Data And Performance
Market Capital
591.789M
Enterprise Value
555.12M
Shares Outstanding
260.7M
Float
235.44M
EPS (TTM)
-0.0540
PE Ratio (TTM)
N/A
52 Week Range
1.9500 – 8.9100
200-Day Moving Average
2.9962
Volume
3,477,589
Avg. Volume
3,809,936
Trailing P/E
N/A
Forward P/E
104.17
EBITDA
-38.26M
Profitability
Profit Margin
-54.54%
Operating Margin (ttm)
-10.58%
Cash Flow Statement
Operating Cash Flow (ttm)
-29.85M
Levered Free Cash Flow (ttm)
-117.23M
Sundial Growers Stock Price Forecasts For 2023, 2024, 2025, And 2026
Sundial Growers Stock Price Prediction
Sundial Growers Stock Price Prediction 2023
The current value of Sundial Growers (SNDL) stocks is 2.27 USD. By the end of this year, analysts predict that the average stock price will be 4.63 USD, with the lowest expected price target being 4.21 USD while the highest is 5.69 USD. For this time frame, it is anticipated that negative tendencies would rule. The monthly expected price volatility is 25.986% for the period.
Analysts predict that by the end of the year 2024, the weighted average share price will be 4.53 USD, with the lowest expected price target being 3.92 USD while the highest is 5.61 USD. For the time being, negative tendencies are anticipated to rule. The monthly expected price volatility is 30.158% for the period.
The weighted average stock price will be 3.49 USD by the end of 2025, with the lowest expected price target being 3.16 USD while the highest is 4.19 USD. Positive tendencies are expected to prevail for this period. The monthly expected price volatility is 24.416% for the period.
Sundial Growers Stock Price Prediction 2026
The weighted average share price will rise to as much as 8.75 USD by the end of 2026, with the lowest expected price target being 6.03 USD while the highest is 11.23 USD. It is anticipated that during this time, positive tendencies would rule. The monthly expected price volatility is 46.280% for the period.
Is Sundial Growers (SNDL) stock a buy or sell? That depends on the investor’s goal and objectives. For momentum investors looking for short-term gains, SNDL is not a suitable stock due to its low Momentum Score of D. On the other hand, SNDL is an attractive option for longer-term investments as indicated by its Growth Score of C and recent analyst forecasts.
Stocks of Sundial Growers (SNDL) have an average analyst recommendation of “Hold.” This means investors have been advised to neither buy any new SNDL stocks nor to sell their existing ones but to hold to them for now.
At the moment, SNDL has shown strong signs of financial health and growth prospects which could result in inline performance with the market. In addition, recently revised earnings estimates are also favorable for long-term investors looking to invest in this stock. The company’s cash flow position and expected revenue growth rate are both positive indicators as well.
Furthermore, SNDL has also been able to reduce its outstanding debt by restructuring its balance sheet over the past few years. They have also consistently increased their dividend payments which give long-term investors a steady income stream from their investment in SNDL stock. In addition, further, expansion may be possible thanks to the company’s research and development projects.
Thus, based on these factors it can be said that Sundial Growers (SNDL) stock could be a good option for long-term investors who are looking to benefit from potential growth over time while enjoying some stability through dividend payments.
However, it may not be suitable for those who are more focused on short-term gains due to its low Momentum Score of D. Ultimately, it is up to each individual investor to decide whether or not they should buy or sell this particular stock.
Based on the analysis above, it seems that Sundial Growers (SNDL) stock is a hold for now. The average rating from analysts is 3.5, which means that most people are expecting the stock to either stay the same or go down slightly. However, there is still potential for growth in the company, so investors may want to wait and see what happens with Sundial before making any decisions.
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Shana Conzelman is a shrewd businesswoman with a keen eye for stock market investments. She is very particular about the stocks she chooses to invest in, and takes great care to learn as much as possible about each company's stock prediction more
