SNDL
SNDL Inc.
NasdaqCMUSDEQUITY
Consumer Defensive
DELAYED
Last price
1.35
▲ 0.02 (1.50%)
MARKET · —
Price
Open
1.34
Prev close
1.33
Day high
1.40
Day low
1.32
Volume
1.75M
Market cap
$340.67M
P/E (TTM)
—
52W range
1.17 – 2.89
Trailing performance
Returnvs SPY
1W
+8.73%
+10.1%
1M
+9.60%
+5.9%
3M
-6.80%
-9.9%
6M
-13.29%
-24.4%
YTD
-17.47%
-29.8%
1Y
-38.01%
-58.0%
3Y
-21.26%
-95.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$340.67M
Enterprise value$323.43M
Revenue (TTM)$928.39M
Gross profit$243.57M
EBITDA$-9.38M
Net income$-21.68M
EPS (TTM)$-0.06
Free cash flow$35.19M
Total cash$183.61M
Total debt$166.38M
Book value / share$3.07
Shares outstanding248.66M
Float214.14M
Short % of float0.86%
Dividend yield—
Beta (5Y)0.95
Valuation & profitability ratios
Trailing P/E—
Forward P/E45.67
PEG ratio—
Price / sales—
Price / book0.45
EV / revenue0.35
EV / EBITDA-34.49
Gross margin26.24%
Operating margin-2.31%
Profit margin-2.34%
Return on equity-2.02%
Return on assets-0.77%
Debt / equity15.64
Current ratio4.76
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $946.40M | $920.45M | $909.01M | $712.20M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | -$15.77M | -$94.80M | -$172.66M | -$335.11M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | -$15.77M | -$94.80M | -$172.66M | -$335.11M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.01 | -0.03 | -500.0% |
| Mar 2026 | -0.05 | -0.04 | +11.1% |
| Dec 2025 | 0.02 | 0.04 | +166.7% |
| Sep 2025 | 0.00 | -0.05 | 0.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.02 | 2 | $233.78M | -4.3% |
| Next quarter | 0.01 | 2 | $243.93M | -3.4% |
| Current year | -0.09 | 2 | $909.34M | -3.9% |
| Next year | 0.01 | 2 | $924.64M | +1.7% |
Analyst targets & ownership
Mean target$3.58
High target$3.58
Low target$3.58
Implied upside165.43%
Analyst count2
ConsensusNONE
Strong buy / Buy1 / 1
Hold0
Sell / Strong sell0 / 0
Held by insiders4.53%
Held by institutions21.24%
Institutions holding133
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
11.27M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 31, 26 | SNDL Inc Issuer |
BUY | 89.50K | $110.00K | Direct |
| Jul 31, 26 | SNDL Inc Issuer |
— | 582.70K | — | Direct |
| Jul 31, 26 | George (Zachary R.) Director of Issuer |
BUY | 10.00K | $8.59K | Direct |
| Jul 30, 26 | Mills (James Gregory) Director of Issuer |
BUY | 35.00K | $43.58K | Direct |
| Jul 30, 26 | SNDL Inc Issuer |
BUY | 104.80K | $125.24K | Direct |
| Jul 29, 26 | SNDL Inc Issuer |
BUY | 165.40K | $205.26K | Direct |
| Jul 28, 26 | SNDL Inc Issuer |
BUY | 142.20K | $181.59K | Direct |
| Jul 27, 26 | SNDL Inc Issuer |
BUY | 80.80K | $101.08K | Direct |
| Jul 24, 26 | SNDL Inc Issuer |
BUY | 28.60K | $35.86K | Direct |
| Jul 24, 26 | SNDL Inc Issuer |
— | 515.30K | — | Direct |
| Jul 23, 26 | SNDL Inc Issuer |
BUY | 148.00K | $187.66K | Direct |
| Jul 22, 26 | SNDL Inc Issuer |
BUY | 96.50K | $123.52K | Direct |
| Jul 21, 26 | SNDL Inc Issuer |
BUY | 149.50K | $189.12K | Direct |
| Jul 20, 26 | SNDL Inc Issuer |
BUY | 92.70K | $118.75K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
George (Zachary R.) |
Director of Issuer | 3.92M | Acquisition or disposition in the public market |
Hellard (Ryan Theodore Martin) |
Senior Officer of Issuer | 149.95K | Exercise of rights |
Husson (Matthew Scott) |
Senior Officer of Issuer | 42.37K | Exercise of rights |
Mcbride (Philip) |
Senior Officer of Issuer | 7.87K | Exercise of rights |
Mills (James Gregory) |
Director of Issuer | 125.00K | Acquisition or disposition in the public market |
Paredero Quiros (Alberto) |
Senior Officer of Issuer | 894.29K | Exercise of rights |
Pinney (Bryan Daniel) |
Director of Issuer | — | Acquisition or disposition in the public market |
Robson (Andrew Tyler) |
Senior Officer of Issuer | 1.02M | Exercise of rights |
SNDL Inc |
Issuer | 582.70K | Redemption, retraction, cancelation, repurchase |
Sandhawalia (Navroop Singh) |
Senior Officer of Issuer | 8.39K | Exercise of rights |
Moving averages & technicals
SMA 10
1.28
+5.80% from price
SMA 20
1.25
+9.23% from price
SMA 50
1.31
+4.70% from price
SMA 100
1.37
-1.64% from price
SMA 200
1.50
-8.76% from price
EMA 12
1.28
+5.35% from price
EMA 26
1.28
+5.65% from price
EMA 50
1.31
+3.37% from price
RSI (14)
62.4
Neutral
MACD (12,26,9)
0.00
Hist 0.02
ATR (14)
0.05
3.83% of price
Realised vol 30D
51.4%
Annualised
Bollinger upper
1.35
20, 2σ
Bollinger lower
1.16
20, 2σ
50 / 200 cross
Death
1.31 vs 1.50
Trend bias
Below 200
-8.76%
Risk profile
Beta vs SPY
1.01
More volatile than market
Correlation to SPY
0.22
Largely independent
Realised vol 30D
51.4%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-57.4%
Peak to trough
Max drawdown 5Y
-87.0%
Peak to trough
ATR 14
0.05
3.83% of price
Beta (reported)
0.95
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.01
Call-heavy session
Put / call open interest
0.01
Positioning, not flow
Max pain
1.00
-27.0% from spot
ATM implied vol
64.1%
Nearest strike to spot
Skew (10% OTM)
+42.2%
Puts bid over calls
Call volume
315
Contracts, this expiry
Put volume
3
Contracts, this expiry
Heaviest call OI
1.50
715 contracts
Heaviest put OI
1.00
4 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Why Aurora Cannabis Looks Cheaper Than Its International Growth Suggests – Quarterly Update Report
Exec Edge · 14d ago
SNDL Announces Successful Completion of EU-GMP Audit at Atholville Facility
GlobeNewswire · 18d ago
Weekly Roundup on the Cannabis Sector & Psychedelic Sector
Market Exclusive · 20d ago
Should You Buy, Hold or Sell SNDL Stock Post Q4 Earnings Release?
Zacks · 22d ago
SNDL Inc (SNDL) Q2 2026 Earnings Call Highlights: Strategic Moves Amid Market Challenges
GuruFocus.com · 25d ago
SNDL Shares Fall After Q2 Swings to Adjusted Operating Loss, Revenue Declines
MT Newswires · 25d ago
SNDL Q2 Earnings Call Highlights
MarketBeat · 25d ago
SNDL Inc. (SNDL) Reports Q2 Loss, Lags Revenue Estimates
Zacks · 25d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.