TerrAscend Corp. has seen a notable uptick in its stock performance over the past week, despite a slight dip today.
TerrAscend Corp. (TSND.TO) experienced a 1.05% decline in share price today, closing at C$0.94. However, the stock has gained 6.82% over the past week and an impressive 28.77% over the last month. This recent price movement follows a series of positive developments for the company, which has been actively managing its financial strategies and operational growth.
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TerrAscend Corp.
TSND.TO
TSND.TO
TerrAscend Corp.
WealthAwesomeMarket cap
$354.03M
52W high
$2.00
52W low
$0.53
1W change
+6.82%
Beta
2.09
Analyst Price Targets
Based on analyst covering TSND
Wall Street analysts forecast TSND stock price to rise 97.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$1.85
+97.0% Upside
Current Price
C$0.94
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 TSND's historical volatility
30-Day Vol
83.8%
Annualized
90-Day Vol
70.4%
Annualized
Trend (90d)
-8.8%
Annualized drift
90d Mean
C$0.91
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$0.93 | C$0.70 โ C$1.24 |
| 60 trading days | C$0.92 | C$0.61 โ C$1.39 |
| 90 trading days | C$0.91 | C$0.55 โ C$1.50 |
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.
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Investor takeaway: While TerrAscend's stock has shown volatility, recent financial results and strategic initiatives may provide a foundation for future growth. Investors should weigh these factors against the company's overall performance and market conditions.
TerrAscend's Stock Performance: A Mixed Bag
The stock has fluctuated within a 52-week range of C$0.53 to C$2.00, currently trading at 28% of that range, indicating potential for growth but also highlighting its volatility.
Bull case
TerrAscend's recent financial results show strong operational performance, with net revenue reaching $65.5 million and a gross profit margin of 52.8% in Q1 2026. This marks the 15th consecutive quarter of positive cash flow from operations. Additionally, the renewal of a $10 million share repurchase program suggests that management is confident in the company's future.
Bear case
Despite the positive revenue growth, TerrAscend faces challenges, including a negative profit margin of -15.7% and a return on equity of -27.0%. The stock's beta of 2.09 indicates higher volatility compared to the market, which could be a concern for risk-averse investors.
Recent Performance Overview
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TerrAscend's stock closed at C$0.94, reflecting a 1.05% decline today. Despite this, the stock has shown resilience over the past week, rising by 6.82% and gaining 28.77% in the past month. The trading volume today was 145,767 shares, which is 1.23 times the 20-day average volume of 210,172 shares, indicating heightened interest from investors.
Financial Results and Strategic Moves
The recent announcement of TerrAscend's Q1 2026 financial results highlighted a net revenue of $65.5 million and a gross profit margin of 52.8%. This performance continues a trend of positive cash flow for the company, marking 15 consecutive quarters of such results. Additionally, TerrAscend has renewed its share repurchase program, authorizing up to $10 million to buy back its common shares, which may reflect management's confidence in the company's future prospects.
Technical Picture
From a technical standpoint, TerrAscend's current price of C$0.94 is above its 50-day moving average of C$0.82 by 14.7% and above its 200-day moving average of C$0.90 by 4.0%. The stock has a beta of 2.09, indicating it is more volatile than the overall market. The 52-week range of C$0.53 to C$2.00 suggests that the stock has room for growth, currently trading at 28% of this range.
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