Cardiol Therapeutics Inc Class A (CRDL.TO) experienced a notable uptick in price amid steady performance and increased trading volume.
This week, Cardiol Therapeutics Inc Class A saw its stock price close at C$1.66, marking a daily increase of 4.17%. Despite this rise, the stock has seen a slight decline of 1.96% over the past week. The recent price movement comes as the company continues to navigate its position within the health care sector, with no major news announcements directly affecting its stock performance this week.
Cardiol Therapeutics Inc Class A
CRDL.TO
CRDL.TO
Cardiol Therapeutics Inc Class A
WealthAwesomeMarket cap
$161.61M
52W high
$3.23
52W low
$1.23
1W change
-14.29%
Beta
0.66
Analyst Price Targets
Based on analyst covering CRDL · as of Oct 12, 2026
Wall Street analysts forecast CRDL stock price to rise 655.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$7.00
+655.5% Upside
Previously C$6.00 on Sep 17, 2026
Current Price
C$0.93
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CRDL's historical volatility
30-Day Vol
55.0%
Annualized
90-Day Vol
70.2%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$1.11
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.25 | C$1.04 – C$1.51 |
| 60 trading days | C$1.18 | C$0.90 – C$1.54 |
| 90 trading days | C$1.11 | C$0.80 – C$1.55 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Investors may want to keep an eye on Cardiol Therapeutics' ongoing developments, particularly its research initiatives and upcoming presentations, as these could impact future stock performance.
Cardiol Therapeutics' stock has gained 10.29% year-to-date.
The stock's performance reflects an upward trend despite recent fluctuations, suggesting potential resilience in a challenging market environment.
Bull case
If Cardiol Therapeutics publishes its Phase II study results in a well-known medical journal, it could boost investor confidence and attract new interest, possibly leading to a higher stock valuation.
Bear case
Cardiol Therapeutics faces challenges with a negative return on equity and no profit margin, which could hinder its growth and stock performance, especially if market conditions shift.
Price Action Overview
Cardiol Therapeutics Inc Class A has seen its stock price close at C$1.66, reflecting a daily increase of 4.17%. Over the past week, the stock has experienced a decline of 1.96%, while it has gained 2.74% over the past month and 10.29% year-to-date. This price movement indicates a fluctuating but overall positive trend for the stock this year.
Technical Picture
The stock's technical indicators show a last close of C$1.66, slightly above its 50-day moving average of C$1.64, indicating a modest upward trend. The 200-day moving average stands at C$1.54, suggesting a stronger long-term positive outlook. The stock has a beta of 0.51, reflecting lower volatility compared to the market. Additionally, the trading volume this week reached 92,048 shares, significantly higher than the 20-day average of 41,280 shares, indicating increased investor interest.
Insider Activity
There is no recent insider activity reported for Cardiol Therapeutics, suggesting that current management and board members may be holding their positions without significant changes.
Market Sentiment
Despite the lack of significant news this week, the sentiment surrounding Cardiol Therapeutics remains cautiously optimistic. Analysts maintain a bullish outlook, with an average price target of C$6.00, implying a potential upside of 261.4% from the current price. This optimistic view is supported by the publication of the Phase II study results, which may enhance the company's credibility in the health care sector.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
