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Terrascend (TSE:TSND)
:TSND
Canadian Market

TerrAscend Corp (TSND) Stock Forecast & Price Target

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TSND Financial Forecast

TSND Earnings Forecast

Next quarter’s earnings estimate for TSND is -C$0.05 with a range of -C$0.06 to -C$0.04. The previous quarter’s EPS was -C$0.11. TSND beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 40.23% of the time in the same period. In the last calendar year TSND has Preformed in-line its overall industry.
Next quarter’s earnings estimate for TSND is -C$0.05 with a range of -C$0.06 to -C$0.04. The previous quarter’s EPS was -C$0.11. TSND beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 40.23% of the time in the same period. In the last calendar year TSND has Preformed in-line its overall industry.

TSND Sales Forecast

Next quarter’s sales forecast for TSND is C$103.12M with a range of C$101.03M to C$105.54M. The previous quarter’s sales results were C$101.16M. TSND beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 50.43% of the time in the same period. In the last calendar year TSND has Preformed in-line its overall industry.
Next quarter’s sales forecast for TSND is C$103.12M with a range of C$101.03M to C$105.54M. The previous quarter’s sales results were C$101.16M. TSND beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 50.43% of the time in the same period. In the last calendar year TSND has Preformed in-line its overall industry.

Detailed List of Analyst Forecasts​

Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Canaccord Genuity
C$3.5C$3.2
Buy
321.05%
Upside
Reiterated
11/07/24
TerrAscend price target lowered to C$3.20 from C$3.50 at CanaccordTerrAscend price target lowered to C$3.20 from C$3.50 at Canaccord
Craig-Hallum
C$2.62C$1.42
Buy
86.65%
Upside
Reiterated
11/07/24
Terrascend Corp (TSNDF) PT Lowered to $1 at Craig-HallumCraig-Hallum lowered its price target on Terrascend Corp (OTC: TSNDF) to $1.00 (from $1.85) while maintaining a Buy rating.
Clarus
C$3.75
Buy
393.42%
Upside
Reiterated
08/09/24
Buy Rating on TerrAscend Corp. Amidst Favorable Political Shifts and Strategic Financial Strengths
Jefferies
C$6.6C$7
Buy
821.05%
Upside
Reiterated
05/20/24
Ventum Financial
C$2.75
Buy
261.84%
Upside
Reiterated
05/10/24
We believe the Company’s estimates lean conservatively (due to wholesale sales being difficult to forecast), with room for upside from its Pennsylvania wholesale business. Further, we believe there are clear drivers to propel EBITDA growth in H224, which makes us optimistic for the remainder of the year.
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Best Analysts Covering TerrAscend Corp

Which Analyst Should I Follow If I Want to Buy TSE:TSND and Sell After:
1 Month
xxx
Success Rate
10/32 ratings generated profit
31%
Average Return
+0.53%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 31.25% of your transactions generating a profit, with an average return of +0.53% per trade.
3 Months
xxx
Success Rate
12/32 ratings generated profit
38%
Average Return
+3.16%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 37.50% of your transactions generating a profit, with an average return of +3.16% per trade.
1 Year
Success Rate
10/32 ratings generated profit
31%
Average Return
+16.21%
reiterated a buy rating 7 months ago
Copying Noel Atkinson's trades and holding each position for 1 Year would result in 31.25% of your transactions generating a profit, with an average return of +16.21% per trade.
2 Years
xxx
Success Rate
7/32 ratings generated profit
22%
Average Return
-31.27%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 21.88% of your transactions generating a profit, with an average return of -31.27% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

TSND Analyst Recommendation Trends

Rating
Mar 24
Apr 24
May 24
Aug 24
Nov 24
Strong Buy
2
3
5
6
6
Buy
7
6
4
3
4
Hold
2
2
2
3
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
11
11
11
12
13
In the current month, TSND has received 10 Buy Ratings, 3 Hold Ratings, and 0 Sell Ratings. TSND average Analyst price target in the past 3 months is C$2.33.
Each month's total comprises the sum of three months' worth of ratings.

TSND Stock Forecast FAQ

What is TSE:TSND’s average 12-month price target, according to analysts?
Based on analyst ratings, Terrascend’s 12-month average price target is C$2.33.
    What is TSE:TSND’s upside potential, based on the analysts’ average price target?
    Terrascend has 206.58% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:TSND a Buy, Sell or Hold?
          Terrascend has a consensus rating of Moderate Buy which is based on 0 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Terrascend’s price target?
            The average price target for Terrascend is C$2.33. This is based on 0 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$3.20 ,the lowest forecast is C$1.45. The average price target represents 206.58% Increase from the current price of C$0.76.
              What do analysts say about Terrascend?
              Terrascend’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 0 Wall Streets Analysts.
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