Sundial Growers Stock Is a Good Buy If You Can Manage Your Expectations. Sundial Growers (NASDAQ:SNDL) reports its Q3 2021 results on Nov. If you manage your expectations over the next 6-12 months, I believe you'll be happy with your investment.8 Nov 2021
Will SNDL stock go up?
Will Sundial Growers stock price grow / rise / go up? Yes. The SNDL stock price can go up from 0.450 USD to 0.839 USD in one year.
Although Sundial was profitable in the third quarter, reporting adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of CA$10.5 million versus a loss of CA$4.4 million last year, revenue from its cultivation and production continues to decline, dropping 11% year over year.21 Nov 2021
Will Sundial Growers stock ever go up?
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.21 Nov 2021
Is SNDL a good long term stock?
The period between now and June 2022 will be critical for SNDL stock. The stock could skyrocket if the company can pull together a coordinated strategy and plan that investors buy into. If you're tolerant of risk and you're patient, SNDL could deliver big returns down the road.8 Nov 2021
What is the future of SNDL stock?
Fair opening price Current price
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$0.44 $0.43 (Undervalued)
Why is SNDL stock going up?
Sundial (SNDL) stock back up on strong earnings and buyback. The stock and other cannabis stocks are high right now (pun intended) as hopes grow of US decriminalization. Sundial had the added impetus from a strong earnings report and a share buyback program. This set a fire under the stock and saw it surge on Friday.15 Nov 2021