In this article, you will find out what the Company is all about, what the Company does, and the latest analyst on the Sundial stock price forecasts for the years ahead.Cannabis producer Sundial Growers is one of the weed industry’s most popular meme stocks. 
Credit:markets.businessinsider.com
What is Sundial Growers Stock?
SNDL Inc., formerly known as Sundial Growers Inc., is a cannabis company engaged in the production/distribution, and sale of cannabis for adult and medical use in the market. The SNDL company produces and markets premium cannabis for adult use.
The SNDL Company’s purpose-built indoor modular grow rooms; the SNDL company produces consistent cannabis in a fully controlled room environment.
The Company’s segments include Cannabis and Liquor Retail, Cannabis Operations, and Investment Operations. Its Company’s portfolio brands include Sundial Cannabis, Top Leaf, Palmetto, and Grasslands. It also operates the Spiritleaf retail banner.
Stanley J. Swiatek established the SNDL company on August 19, 2006. The Company is headquartered in Calgary, Canada. SNDL (NASDAQ: SNDL) is owned by 52.84 percent institutional shareholders, 0.00 percent Sndl insiders, and 47.16 percent retail investors.
Etf Managers Group LLC is the biggest individual Sndl shareholder, owning 63.15 million shares, representing 26.53 percent of the Company. Etf Managers Group LLC’s SNDL shares are currently valued at $187.55 million.
What does the SNDL Company do?
Sundial Growers Inc. is a cannabis company engaged in distributing, producing, and selling cannabis for the adult-use and medical use market. The SNDL company produces and markets premium cannabis for adult use
. The SNDL Company’s purpose-built indoor modular grow rooms; the SNDL company produces consistent cannabis in a fully controlled room environment. The SNDL company’s cannabis products are used as medicines to enhance spiritual, social, and recreational occasions.
The SNDL company sells Sundial Cannabis-branded dried flower cannabis products in different formats, such as oils, pre-rolls, capsules, and sublingual.
Sundial Growers Stock Forecast 2023
For the SNDL stock forecast for 2023, twelve predictions are offered for each month, with an average SNDL stock forecast of $0.63, a high stock forecast of $0.66, and a low stock forecast of $0.57. The average SNDL stock forecast for 2023 represents a +21.1 percent increase from the last price of $0.522000014781952.
Sundial Growers Stock Forecast 2024
For the SNDL stock forecast for 2024, twelve predictions are offered for each month, with an average SNDL stock forecast of $0.61, a high stock forecast of $0.66, and a low stock forecast of $0.52. The average SNDL stock forecast for 2024 represents a +17.49 percent increase from the last price of $0.522000014781952.
Sundial Growers Stock Forecast 2025
For the SNDL stock forecast for 2025, twelve predictions are offered for each month, with an average SNDL stock forecast of $0.31, a high stock forecast of $0.48, and a low stock forecast of $0.24. The average SNDL stock forecast for 2025 represents a -39.92 percent decrease from the last price of $0.522000014781952.
Sundial Growers Stock Forecast 2026
For the SNDL stock forecast for 2026, twelve predictions are offered for each month, with an average SNDL stock forecast of $0.3, a high stock forecast of $0.32, and a low stock forecast of $0.29. The average SNDL stock forecast for 2026 represents a -41.8 percent decrease from the last price of $0.522000014781952.
Sundial Growers Stock Forecast 2027
For the SNDL stock forecast for 2027, twelve predictions are offered for each month, with an average SNDL stock forecast of $0.36, a high stock forecast of $0.37, and a low stock forecast of $0.34. The average SNDL stock forecast for 2027 represents a -30.99 percent decrease from the last price of $0.522000014781952.
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Sundial Growers Stock Forecast 2028
Twelve predictions are offered each month for the SNDL stock forecast for 2028, with an average SNDL stock forecast of $0.33, a high stock forecast of $0.37, and a low stock forecast of $0.29. The average SNDL stock forecast for 2028 represents a -36.38 percent decrease from the last price of $0.522000014781952.
Sundial Growers Stock Forecast 2029
For the SNDL stock forecast for 2029, twelve predictions are offered for each month, with an average SNDL stock forecast of $0.28, a high stock forecast of $0.29, and a low stock forecast of $0.26. The average SNDL stock forecast for 2029 represents a -47.01 percent decrease from the last price of $0.522000014781952.
Sundial Growers Stock Forecast 2030
Twelve predictions for the SNDL stock forecast for 2030 are offered each month:
- An average SNDL forecast of $0.28
- A high stock forecast of $0.29
- A low stock forecast of $0.27
The average SNDL stock forecast for 2030 represents a -46.6 percent decrease from the last price of $0.522000014781952.
FAQS
What is the future of SNDL stock?
The stock is expected to have an average SNDL stock forecast of $0.28, a high stock forecast of $0.29, and a low stock forecast of $0.27. The average SNDL stock forecast for 2030 represents a -46.6 percent decrease from the last price of $0.522000014781952.
Should I Buy SNDL Stock?
Sundial’s financial health and growth prospects demonstrate its potential to underperform in the market. The Company currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this might be a good stock for momentum investors with a Momentum Score of B.
Is SNDL a hold or sell?
SNDL has received a consensus rating of Buy. The Company’s average rating score is 2.60 based on 3 buy ratings, 2 hold ratings, and no sell ratings.
What is the SNDL price target?
The table below shows the price target of SNDL
High
- $7.75
Median
- $5.04
Low
- $3.87
Average
- $5.43
Current Price
- $2.90
Will sundial growers recover?
Most technical analyses and analysts’ views have indicated that Sundial Growers may have little potential to rebound to its peak in the short term. Analysts’ predictions are not always correct, and you should conduct your research before making any trading decision.
Is Sundial Growers stock expected to rise?
The SNDL stock for 2023 shows that the stock is expected to have an average SNDL stock forecast of $0.63, a high stock forecast of $0.66, and a low stock forecast of $0.57. The average SNDL stock forecast for 2023 represents a +21.1 percent increase from the last price of $0.522000014781952.
Conclusion
The SNDL company is a cannabis company that sells cannabis for adult use in the market. The Company produces consistent cannabis in a fully controlled room environment.
If as an investor, you have an interest in investing in this Company, I recommend you do more research and make sure you are ready to face any setback because there’s always a probability of facing a setback in investment.
You can learn more from the video below:
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