SNDL Inc. (SNDL) AI Stock Analysis

SNDL Inc., headquartered in Calgary, Canada, specializes in the production, distribution, and sale of cannabis products within the Canadian market. The company operates through two primary segments: Cannabis Operations and Retail Operations. Under Cannabis Operations, SNDL cultivates and sells cannabis for adult-use markets and manufactures inhalable products such as flower, pre-rolls, and vaping devices under brand names including Top Leaf, Sundial Cannabis, Palmetto, and Grasslands. Its Retail Operations segment facilitates private sales of recreational cannabis through corporate-owned and franchised retail stores. Established in 2006 and formerly known as Sundial Growers Inc., the company rebranded as SNDL Inc. in July 2022.

SNDL grew annual revenue from $56.1M in FY2021 to $946.4M in FY2025, achieving a 5-year revenue CAGR of 73.1%. Gross margin expanded from -16.0% in FY2021 to 27.3% in FY2025. Over the same period, operating margin improved from -239.4% to -0.5%, and net income losses narrowed from -$227.0M in FY2021 to -$15.8M in FY2025. Operating cash flow turned positive to $70.9M in FY2025. For the trailing twelve months, revenue was $928.4M with an operating margin of -2.3% and an EPS of -$0.06. For the latest quarter ending June 30, 2026, quarterly revenue fell 3.7% year-over-year.

As of June 30, 2026, SNDL held $186.6M in cash and short-term investments and $166.4M in total debt, establishing a net cash position of $20.2M. The company maintains a current ratio of 4.76 and a debt-to-equity ratio of 0.16 against shareholders' equity of $1.06B and total assets of $1.28B. In FY2025, operating cash flow was $70.9M and free cash flow was $58.1M. Capital deployment in FY2025 included $12.8M for capital expenditures and $15.3M for share buybacks.

At $1.25 on October 16, 2026, SNDL trades at a price-to-sales ratio of 0.3x, below the median of 0.7x for its US-listed Consumer Defensive peers. Its forward P/E ratio is 97.1x, above the peer group median of 14.3x, while its EV-to-EBITDA ratio matches the peer median at 11.7x. Over the past 1-year period, SNDL fell 47.5%, lagging the S&P 500 (SPY) return of 16.8%. Over 5 years, SNDL returned -80.9%, compared to an 83.0% gain for the S&P 500.

Consensus ratings include 1 Strong Buy and 1 Buy, with 0 Hold, Sell, or Strong Sell recommendations. The mean price target is $3.49, reflecting a 179.1% premium over the last close of $1.25. For the fiscal year ending December 31, 2026, analysts estimate an EPS of -$0.09 and revenue of $909.3M. For the next fiscal year, 2 analysts project an EPS of $0.01 and revenue of $924.6M. SNDL has beaten EPS estimates in 1 of the last 4 quarters, and its next earnings date is October 27, 2026.

This page is an AI-written research summary of SNDL Inc. (SNDL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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