SNDL (NASDAQ:SNDL) Rating Lowered to “Strong Sell” at Zacks Research

SNDL (NASDAQ:SNDL) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday,Zacks.com reports.

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

SNDL Stock Up 3.4%

Shares of NASDAQ SNDL opened at $1.36 on Wednesday. SNDL has a 12 month low of $1.15 and a 12 month high of $2.89. The company has a current ratio of 4.88, a quick ratio of 3.47 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $350.06 million, a price-to-earnings ratio of -45.33 and a beta of 0.81. The business has a 50-day moving average of $1.45 and a 200-day moving average of $1.67.

SNDL (NASDAQ:SNDL) last issued its quarterly earnings data on Thursday, March 12th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. The company had revenue of $183.87 million during the quarter, compared to analyst estimates of $257.97 million. SNDL had a negative return on equity of 1.02% and a negative net margin of 1.19%. Sell-side analysts expect that SNDL will post -0.04 earnings per share for the current fiscal year.

Institutional Trading of SNDL

Several hedge funds and other institutional investors have recently bought and sold shares of SNDL. Traynor Capital Management Inc. purchased a new stake in SNDL in the third quarter worth approximately $27,000. Private Advisor Group LLC purchased a new stake in SNDL in the first quarter worth approximately $28,000. Hilton Capital Management LLC purchased a new stake in SNDL in the second quarter worth approximately $30,000. PFG Investments LLC boosted its stake in 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 in the last quarter. Finally, FSM Wealth Advisors LLC purchased a new stake in SNDL in the fourth quarter worth approximately $33,000.

Key Stories Impacting SNDL

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.