Sundial Growers (SNDL) stock forecast for 2024, 2025, 2030

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Sundial Growers (SNDL) is a Canadian company that sells cannabis products for recreational and medicinal use. The company stock is listed on NASDAQ.

1

Current SNDL stock price $1.95.

2

According to analytical forecasts, the price of SNDL stocks may reach $3.02 by the end of 2024, and it is expected to be - $12.55 by the end of 2029.

3

Based on technical analysis indicators, the recommendation for the 1H (one-hour) timeframe is Strong Sell, and for the 1D (one-day) timeframe - Buy.

Since the IPO, the company stock price dropped from $130 to $2-2.5, becoming very popular among users of the Robinhood platform and investors on Reddit. What strategies are most suitable for the Sundial Growers stock? When is the best time to buy company shares? Are there any prospects of the stock price rising?


You will find answers to these questions on this page. Traders Union analysts prepared short and long-term price predictions using the following information: data from analytical portals, surveys of top managers of investment funds, technical analysis, analysis of multipliers, and fundamental factors.

NOTE!

On this page, you will find the latest information about current prices, updated and new forecasts for short and long-term intervals:

  • Asset quotes are updated every minute.
  • Price chart is updated every minute.
  • Technical indicator data is updated according to the time frame. For example, on M5, the data is updated every 5 minutes.
  • Medium and long-term forecasts are updated every hour.
  • Financial reporting data is updated quarterly.

Data for fundamental analysis of Sundial Growers stock

In this section you will learn about the basic statistics of Sundial Growers and other data for fundamental analysis. The section provides key financial indicators of the company as well as main multipliers.


Basic indicators contain information about the company that provides a general idea of its operation and position in the market.



Basic indicators
Industry
Beverages—Wineries & Distilleries
Sector
Consumer Defensive
Number of employees
2.52K
Latest dividend payment date
-
Dividend amount
-
Market cap
527.48M
Net income
-85.42M
52-week low
1.25
52-week high
2.36
Beta coefficient
3.36


Key financial indicators of Sundial Growers contain general information about the financial condition of the company. For analysis, current values are compared to the values of previous periods, forecasts and indicators of competitors.



Financial indicators
Gross profit
190.42M
Net income
-85.42M
Accounts payable
22.04M
Accounts receivable
23.42M
EPS
-0.08
Long-term debt
136.49M


Multipliers are coefficients, derivative financial indicators that allow for assessing financial stability, the degree of undervaluation, overvaluation, investment attractiveness of a company, company’s performance, and forecasting an increase or decline in the value of shares.



Multipliers
EV
412.91M
EV/R
0.62
P/E
-3.01
EV/EBITDA
-8.12
EBITDA
-5.43M
P/S
0.58
Profit margin
-0.19
P/B
0.43
Operating margin
-0.06
Total debt
123.34M
Annual revenue per share
3.51
Debt to equity ratio
13.59
ROE
-0.13
Current liquidity coefficient
3.95
ROA
-0.04
Ratio of short positions to the total shares in circulation
0.04
Forward P/E
50.13
Forward annual dividend yield
-
PEG
50.13
Operating cash flow
-12.29M

Sundial Growers stock forecast for today, SNDL signals for 1 week

Short-term SNDL price forecast (signals) are prepared by Traders Union based on the technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe that you need to learn the SNDL forecast for today.

NOTE!

Signals may differ on different time frames. If you want to buy Sundial Growers (SNDL) and hold the stock for longer than one week, it is best to use the signals on daily and weekly timeframes. Timeframes from 5 minutes to 1 hour are best suitable for short-term transactions!

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Sundial Growers Stock forecast for 1 year. What will the SNDL price be?

In this section, you will learn the following analyst forecasts:


  • Projected stock value
  • Quarterly and annual earnings per share (EPS) forecast.
  • Quarterly and annual sales volume forecast.

The forecasts are made based on surveys of top managers of companies and analysts. Also, current financial indicators of companies and projected indicators were taken into account.

Recommendations of analysts
Strong Buy 0
Buy 4
Hold 0
Sell 0
Strong Sell 0
Overall recommendation Buy
Projected stock value for six months, USD
Current stock price 1.95
Highest projected stock price 4
Lowest projected stock price 3.25
Average projected stock price 3.62
Quarterly and annual earnings per share (EPS) forecast, USD
Parameter Current quarter forecast 12-month forecast
Maximum forecast - 0.04
Minimum forecast - 0.04
Parameter Current quarter forecast 12-month forecast
Average forecast - 0.04
Average forecast value 1 year ago - 0.01
Quarterly and annual sales volume forecast (overall profit)
Parameter Current quarter forecast 12-month forecast
Maximum forecast, USD - 792.5M
Minimum forecast, USD - 792.5M
Parameter Current quarter forecast 12-month forecast
Average forecast, USD - 792.5M
Projected sales growth in % to the previous period - 10

Indicator Based Technical Analysis of SNDL/USD

To find a better entry point, also find out what TradingView technical analysis tool signals for the Sundial Growers (SNDL/USD) price. "Sell" or "Strong Sell" means that most of the signals are bearish. "Buy" or "Strong Buy" means that most of the signals are bullish. For short-term signals, it is recommended to use settings from 15 minutes to 2 hours. For long-term signals, it is recommended to use settings from 4 hours to 1 week.

SNDL/USD Chart Online

What Sundial Growers price will be in 5 years and 12 years – prediction by years

According to the Traders Union long-term price forecast Sundial Growers (SNDL) can reach $3.02 by 2025, $12.55 by 2030, $39.26 by 2034.

Year Price in the middle of the year Price at the end of the year
2024 $2.59 $3.02
2025 $3.44 $4.01
2026 $4.58 $5.34
2027 $6.09 $7.1
2028 $8.1 $9.44
2029 $10.77 $12.55
2030 $14.32 $16.69
2031 $19.05 $22.2
2032 $25.34 $29.52
2033 $33.7 $39.26
2034 $44.82 $52.22
2035 $59.61 $69.45

Alternative long-term price forecasts by independent analytical platforms

Here, you will find long-term stock price forecasts provided by independent analytical resources. The price forecasting methodologies they use vary, which is why the forecasts may differ substantially from each other. We recommend focusing on the average price.


According to Coin Price Forecast analysts, the Sundial Growers stock price forecast for the next 10-12 years is as follows:


Year Mid-Year Year-End Tod/End,%
2024 $1.65 $1.88 +26%
2025 $2.05 $2.51 +68%
2026 $2.65 $2.85 +91%
2027 $3.03 $3.23 +117%
2028 $3.41 $3.72 +150%
2029 $4.02 $4.16 +179%
2030 $4.32 $4.41 +196%
2031 $4.5 $4.6 +209%
2032 $4.7 $4.81 +223%
2033 $4.92 $5.04 +238%
2034 $5.16 $5.29 +255%
2035 $5.42 $5.56 +273%

According to the price forecast by Walletinvestor analysts, the Sundial Growers stock will be priced at $1.472 at the beginning of 2025, and $1.939 at the beginning of 2028.


According to the price forecast by Long Forecast analysts, the Sundial Growers stock will be priced at $2.58 at the beginning of 2025.

What Sundial Growers (SNDL) news can influence the price in the future?

The time of the IPO was chosen well. On the wave of viral advertising and the trending idea, the company’s stock price grew to over $130. Soon, it became evident that transition to another business model was required: from wholesale of cannabis to retail. The losses that followed business restructuring collapsed the company stock price by 84%.


Things to know about the company:


  • The drop in the stock price from $130 to $2-2.5 did not change the company’s attractiveness in the eyes of investors. Sundial Growers moved to the segment of so-called “penny stocks”. These stocks are popular among the youth, who invest more for entertainment, and fans of pump and dump schemes.
  • In 2021, users of the WallStreetBets community on Reddit drove the price of SNDL stock up by more than 500%. After that the price plunged.
  • Sundial Growers stock is among the Top 10 assets that enjoy highest popularity among investors on the Robinhood platform.

Policy of private investors that form communities based on interests (pumps and dumps, short squeeze, etc.) is the key factor influencing the stock price.

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Price prediction methodology

The following tools and instruments were used for making the prediction:


Basic instruments of technical analysis. The forecast relies on basic technical indicators. The analysis was performed mostly on medium and long-term time frames for more accurate results.

Chart analysis. Analysis comprises a review of key levels of support, resistance, trend lines, as well as patterns formed on different time frames.

Statistical tools help evaluate a probability of a fundamental factor that could impact the price, its nature and intensity of impact.

Methods of mathematical and statistical analysis; modeling, adaptive forecasting methods.

Expert opinions and consensus forecast.

NOTE!

This forecast is based on current information and data of previous periods. Emergence of strong fundamental factors capable of radically changing the overall market trend and subsequent price trend is possible. The forecasts are updated regularly based on the latest data.

This article is created for informational purposes only and does not constitute investment advice. Be aware of the high volatility of cryptocurrencies and consider these risks when making investment decisions.

FAQs

Is Sundial growers SNDL a good stock to buy now?

The best time to buy SNDL stock is during another pump. Look at the market situation. There is sense in buying SNDL stock in the short-term period only when the price is bouncing off the support level.

Is SNDL a hold or sell?

SNDL stock is more suitable for short-term trading, rather than for long-term investing.

Is SNDL expected to go up?

Yes, during the next pump. It is, however, unknown when it will happen.

Is Sundial growers a long term stock?

No, this stock is more suitable for short-term trading.