Auxly Cannabis Group Inc experienced notable price movement this week amid recent financial announcements.
On Friday, Auxly Cannabis Group Inc (XLY.TO) closed at C$0.18, down 2.78% for the day, but up 2.94% over the past week. The stock has risen 20.69% year-to-date, indicating a generally positive trend in the cannabis sector despite recent developments.
Advertisement
Get up to $2,000 cash back
Open and fund a new Qtrade account with promo code SPRING26. Offer ends July 31, 2026.
Auxly Cannabis Group Inc
XLY.TO
XLY.TO
Auxly Cannabis Group Inc
WealthAwesomeMarket cap
$258.04M
P/E
9.0x
52W high
$0.21
52W low
$0.11
1W change
+2.94%
Beta
1.20
Analyst Price Targets
Based on analyst covering XLY
Wall Street analysts forecast XLY stock price to rise 42.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.25
+42.9% Upside
Current Price
C$0.17
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on XLY's historical volatility
30-Day Vol
70.0%
Annualized
90-Day Vol
73.6%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$0.21
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$0.19 | C$0.15 โ C$0.24 |
| 60 trading days | C$0.20 | C$0.14 โ C$0.28 |
| 90 trading days | C$0.21 | C$0.14 โ C$0.32 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Even with the recent dip in share price, Auxly's financial performance shows growth potential, especially with recent revenue increases and strong gross margins. Investors should consider the company's financial health and market position when evaluating future opportunities.
Auxly Reports 22% Revenue Growth in Q1 2026
The company reported net revenues of $39.8 million for the first quarter of 2026, marking a significant increase that highlights its improving market position.
Bull case
Auxly's financial results show a strong upward trend in revenue and profitability, with a 22% increase in net revenue for Q1 2026. This positive outlook is backed by a healthy profit margin of 20.9% and a return on equity (ROE) of 21.3%, indicating efficient management and growth potential.
Bear case
However, the stock's recent decline of 2.78% in one day and lower trading volume compared to its 20-day average may raise concerns about short-term volatility. Investors should be cautious of potential market fluctuations and broader sector challenges that could affect Auxly's performance.
Recent Price Action
Auxly Cannabis Group Inc's stock closed at C$0.18, down 2.78% on Friday. However, over the past week, the stock has gained 2.94%, contributing to a year-to-date increase of 20.69%. Despite the recent drop, the overall performance this year suggests a recovery and growth trend.
Catalysts Behind the Move
The recent price action follows Auxly's announcement of its Q1 2026 financial results, where the company reported a 22% increase in net revenue to $39.8 million and an adjusted EBITDA of $12.3 million, representing 31% of net revenue. These results indicate strong operational performance, although no significant news directly impacting the stock was reported this week.
Technical Picture
From a technical standpoint, Auxly's stock is currently trading above both its 50-day moving average (C$0.16) and its 200-day moving average (C$0.14), suggesting a potentially bullish trend. The stock's 52-week range has been between C$0.11 and C$0.21, with the current price at approximately 67% of this range. The stock has a beta of 1.20, indicating higher volatility compared to the market, and recent trading volume was 464,198 shares, significantly below the 20-day average volume of 1,334,881 shares.
Advertisement
