Is Sundial growers expected to go up?

The 3 analysts offering 12-month price forecasts for SNDL Inc have a median target of 5.00, with a high estimate of 8.01 and a low estimate of 4.88. The median estimate represents a +102.83% increase from the last price of 2.47.

Should I buy or sell sundial Growers stock?

Sundial Growers has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Is Sundial growers bullish?

Sundial Growers: Bullish As Revenue Growth Increases (NASDAQ:SNDL) | Seeking Alpha.

Is Sundial growers a buy 2022?

Analysts expect Sundial to report $769 million in revenues for 2022.

Is SNDL a good buy right now?

Given the current short-term trend, the stock is expected to rise 31.95% during the next 3 months and, with a 90% probability hold a price between $0.44 and $3.07 at the end of this 3-month period.

What is SNDL price target?

High $10.29
Median $6.42
Low $6.27
Average $7.66
Current Price $2.46

What will SNDL be worth in 2022?

On average, 1 Wall Street analysts forecast SNDL’s revenue for 2022 to be $17,936,790,480, with the lowest SNDL revenue forecast at $17,936,790,480, and the highest SNDL revenue forecast at $17,936,790,480.

Will sundial get delisted?

Sundial’s Delisting Risk Sundial has been granted another chance to meet the Nasdaq’s requirements by August 8, 2022. But trading above $1 for 30 consecutive days will be a challenge for Sundial.

Is Sundial Growers overvalued?

The Verdict: At today’s price, Sundial stock appears to be overvalued based on a sampling of common fundamental valuation metrics.

What’s wrong with Sundial Growers?

Sundial Growers (NASDAQ: SNDL) has struggled to generate much in the way of consistent growth in recent years. Meanwhile, it has diluted shareholders heavily, with the company now having more than 2 billion shares on its books, which is more than nine times what it had at the end of 2020.

Is Sundial growers being shorted?

According to Ortex, Sundial’s short interest is a whopping 15.73%. So, is SNDL stock being shorted? Absolutely, at 15.73% the stock is heavily shorted.

Is SNDL a profitable company?

Quality Earnings: SNDL is currently unprofitable. Growing Profit Margin: SNDL is currently unprofitable.

Is SNDL going to split?

(SNDL) will effect a one-for-ten (1-10) reverse split of its outstanding common shares as well as a name change to SNDL Inc. The reverse split will be effective at the opening of business on July 26, 2022.

What is SNDL expected earnings?

Date Quarter Revenue Estimate
5/11/2021 Q1 2021 $11.24 million
3/18/2021 Q4 2020 $10.07 million
11/11/2020 Q3 2020 $20.20 million
8/13/2020 Q2 2020

Will a sundial short squeeze?

Short interest in Sundial has fallen On the flip side, there’s also a potential for a short squeeze to happen, which is when short-sellers need to cover their positions, leading to a sudden surge in price.

Why is sundial Growers stock dropping?

Amid turmoil in the market driven by fears about inflation and rising interest rates, shares of Sundial Growers (SNDL -6.16%) fell 8.8% on Monday against a backdrop of the S&P 500 falling by nearly 3.9%.

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