Greenlane Renewables Inc experienced notable price movement this week, reflecting broader trends in the renewable energy sector.
Greenlane Renewables Inc (GRN.TO) has shown mixed performance in recent trading sessions, with a 1-day increase of 3.13% but a significant decline of 10.81% over the past week. As investors digest the latest company news and market dynamics, let’s take a closer look at what’s influencing the stock's performance.
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Greenlane Renewables Inc
GRN.TO
GRN.TO
Greenlane Renewables Inc
WealthAwesomeMarket cap
$25.57M
52W high
$0.29
52W low
$0.16
1W change
-10.81%
Beta
2.99
Analyst Price Targets
Based on analyst covering GRN · as of Sep 17, 2026
Wall Street analysts forecast GRN stock price to rise 21.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.20
+21.2% Upside
Current Price
C$0.17
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 GRN's historical volatility
30-Day Vol
53.8%
Annualized
90-Day Vol
46.5%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$0.14
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.16 | C$0.13 – C$0.19 |
| 60 trading days | C$0.15 | C$0.11 – C$0.19 |
| 90 trading days | C$0.14 | C$0.10 – C$0.19 |
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.
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Investor takeaway: Despite a slight recovery in price, Greenlane Renewables is facing challenges, particularly in its financial performance and market conditions. Investors should be cautious and monitor upcoming earnings reports and market trends closely.
Market Cap: C$25.57 Million
With a market cap of C$25.57 million, Greenlane remains a small player in the industrials sector, which may limit its access to capital and resources compared to larger competitors.
Bull case
The company has shown resilience with positive Adjusted EBITDA results in previous quarters. This suggests there’s potential for recovery as the renewable energy sector continues to grow.
Bear case
However, Greenlane's recent financial results have highlighted ongoing losses, raising concerns about its ability to achieve profitability in the near term. The company’s high beta indicates increased volatility, which adds to the uncertainty for investors.
Price Action Overview
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Greenlane Renewables Inc closed at C$0.16, reflecting a 3.13% increase in today’s trading. However, the stock has experienced a decline of 10.81% over the past week, with a year-to-date drop of 29.79%. This volatility highlights the challenges facing the company in the current market environment.
Recent Company News
Despite no major news announcements this week, Greenlane has been in the spotlight for its recent financial results. In March 2026, the company reported a positive Adjusted EBITDA of C$2.3 million for FY2025, indicating improvements in its operational efficiency. However, the first quarter of 2026 saw a net loss of C$2.06 million, raising concerns about its financial stability. Investors should keep an eye on upcoming earnings announcements for further insights.
Technical Picture
From a technical standpoint, Greenlane's stock is trading below both its 50-day and 200-day moving averages, which stand at C$0.20 and C$0.22, respectively. The current price reflects a significant gap of approximately 20.9% and 28.3% from these moving averages. The stock's 52-week range has been between C$0.16 and C$0.29, indicating that it is currently at the lower end of this spectrum. With a beta of 2.99, the stock exhibits high volatility, making it crucial for investors to assess their risk tolerance.
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