Tidewater Renewables Ltd continues to show resilience in the renewable fuels sector, with its stock reflecting a notable year-to-date performance.
This week, Tidewater Renewables Ltd (LCFS.TO) experienced a slight decline of 0.55% in its stock price, closing at C$16.55. However, the stock has gained 4.16% over the past week and an impressive 30.14% over the last month. So far in 2023, it has seen a remarkable year-to-date increase of 283.06%.
Advertisement
Earn cash back with a smarter spending account
Open a KOHO account and start earning on everyday purchases — no annual fee on the base plan.
Tidewater Renewables Ltd
LCFS.TO
LCFS.TO
Tidewater Renewables Ltd
WealthAwesomeMarket cap
$597.90M
P/E
74.4x
52W high
$17.14
52W low
$2.42
1W change
+4.16%
Beta
0.74
Analyst Price Targets
Based on analyst covering LCFS
Wall Street analysts forecast LCFS stock price to fall 15.2% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$13.81
-15.2% Upside
Current Price
C$16.28
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 LCFS's historical volatility
30-Day Vol
44.0%
Annualized
90-Day Vol
58.2%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$19.46
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$17.28 | C$14.85 – C$20.11 |
| 60 trading days | C$18.34 | C$14.80 – C$22.73 |
| 90 trading days | C$19.46 | C$14.96 – C$25.31 |
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 should note the significant gains in Tidewater Renewables' stock over the year, alongside recent analyst downgrades and a cautious outlook. The company's operational updates and financial results will be key indicators to watch moving forward.
Tidewater Renewables’ stock has surged 283.06% year-to-date.
The stock has shown remarkable growth, particularly due to its operational successes, but it faces scrutiny from revised analyst forecasts.
Bull case
Tidewater Renewables reported a strong operational performance for Q1 2026, with a 90% increase in net income year-over-year. This indicates solid growth potential. Additionally, the HDRD Complex's high utilization rate suggests effective management and operational efficiency.
Bear case
Despite the positive operational updates, analysts have lowered revenue estimates for 2026, which could signal potential challenges ahead. This bearish outlook may weigh on investor sentiment.
Recent Price Action
Advertisement
This week, Tidewater Renewables Ltd's stock closed at C$16.55, reflecting a minor decline of 0.55% on the last trading day. However, the stock has seen a substantial increase of 4.16% over the past week and an impressive 30.14% rise in the last month. Year-to-date, the stock has skyrocketed by 283.06%, showcasing a strong recovery and growth trajectory.
Company News and Web Headlines
Tidewater Renewables recently reported its Q1 2026 financial results, revealing a net income of $10.0 million, a significant 90% increase from the previous year. The company also highlighted an Adjusted EBITDA of $24.1 million, which is a remarkable 904% year-over-year increase. The HDRD Complex achieved a 95% utilization rate, processing an average of 2,837 bbl/d. However, analysts have cautioned investors by revising their revenue estimates for 2026 downward, anticipating revenues of CA$348 million, which is a 22% decrease from previous expectations.
Technical Picture
From a technical standpoint, Tidewater Renewables Ltd is trading significantly above its 50-day moving average of C$12.90, representing a 28.3% increase. The 200-day moving average stands at C$7.53, indicating a substantial 119.7% increase from the current price. The stock's 52-week range is between C$2.42 and C$17.14, with the current price at approximately 96% of that range. The stock has a beta of 0.74, suggesting lower volatility compared to the market, and the latest trading volume of 24,744 shares is in line with the 20-day average volume of 32,965 shares.
Advertisement
Advertisement
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.
