SNDL (NASDAQ:SNDL) Downgraded to “Strong Sell” Rating by Zacks Research

Zacks Research lowered shares of SNDL (NASDAQ:SNDL) from a hold rating to a strong sell rating in a report released on Wednesday morning,Zacks.com reports.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of SNDL in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $5.00.

SNDL Price Performance

Shares of NASDAQ:SNDL opened at $1.36 on Wednesday. The business has a fifty day simple moving average of $1.45 and a 200-day simple moving average of $1.67. SNDL has a 52 week low of $1.15 and a 52 week high of $2.89. The company has a quick ratio of 3.47, a current ratio of 4.88 and a debt-to-equity ratio of 0.12. The company has a market cap of $350.06 million, a P/E ratio of -45.33 and a beta of 0.81.

SNDL (NASDAQ:SNDL) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. SNDL had a negative return on equity of 1.02% and a negative net margin of 1.19%.The firm had revenue of $183.87 million during the quarter, compared to the consensus estimate of $257.97 million. Equities research analysts forecast that SNDL will post -0.04 EPS for the current year.

Institutional Investors Weigh In On SNDL

A number of institutional investors have recently added to or reduced their stakes in SNDL. PFG Investments LLC boosted its position in shares of SNDL by 53.8% in the fourth quarter. PFG Investments LLC now owns 20,000 shares of the company’s stock worth $33,000 after buying an additional 7,000 shares during the period. SG Americas Securities LLC boosted its position in shares of SNDL by 21.3% in the first quarter. SG Americas Securities LLC now owns 50,667 shares of the company’s stock worth $67,000 after buying an additional 8,899 shares during the period. Leonteq Securities AG boosted its position in shares of SNDL by 10.7% in the first quarter. Leonteq Securities AG now owns 98,629 shares of the company’s stock worth $130,000 after buying an additional 9,557 shares during the period. Traynor Capital Management Inc. purchased a new stake in shares of SNDL in the third quarter worth about $27,000. Finally, State Street Corp boosted its position in shares of SNDL by 2.6% in the fourth quarter. State Street Corp now owns 432,441 shares of the company’s stock worth $718,000 after buying an additional 11,152 shares during the period.

More SNDL News

Here are the key news stories impacting SNDL this week:

• Positive Sentiment: Company reported an EPS beat, reiterated strong liquidity and progress on profit?enhancement priorities, which supports near-term solvency and operational flexibility. SNDL Reports First Quarter 2026 Financial and Operational Results
• Positive Sentiment: Management announced cost cuts and margin-focused initiatives on the earnings call, giving investors a pathway to improve profitability if revenue stabilizes. SNDL Inc. Earnings Call: Cost Cuts Amid Cannabis Strain
• Neutral Sentiment: Earnings call transcript and investor materials are available for detailed review, allowing analysts and investors to parse which segments and geographies are driving weakness. SNDL Inc. (SNDL) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Q1 revenue fell ~4.4% YoY to roughly USD$143.3M and missed consensus by a wide margin — the primary catalyst for negative sentiment across cannabis peers. Forget SNDL: HITI is a Significantly Better Cannabis Stock
• Negative Sentiment: Market headwinds in both the cannabis and liquor segments drove the revenue shortfall and prompted cautious commentary from management; this weak top-line raises questions about near-term growth. SNDL sends pot stocks lower as market headwinds drive Q1 revenue miss
• Negative Sentiment: Multiple market write?ups emphasize the revenue miss and slower same?store sales in liquor and cannabis as the dominant risk, arguing the EPS beat masks deteriorating fundamentals. SNDL Quarterly Revenue Dented By Soft Liquor, Cannabis Market Conditions

SNDL Company Profile

SNDL Inc, formerly known as Sundial Growers Inc, is a Canada-based consumer packaged goods company focused on the production, manufacturing and distribution of cannabis products. Headquartered in Calgary, Alberta, SNDL operates multiple cultivation and processing facilities across Canada, including indoor and hybrid greenhouses in British Columbia and Ontario. The company serves both adult-use and medical cannabis markets, supplying provincial distributors as well as operating through its own wholesale and retail networks.

The company’s product portfolio spans dried flower, pre-rolls, vape cartridges, cannabis oils, edibles and infused beverages under a variety of in-house brands.