Tidewater Renewables Ltd experienced a slight decline this week despite solid operational updates and financial performance.
Tidewater Renewables Ltd (TSX: LCFS) saw its stock close at C$18.33 on Friday, reflecting a 1.85% drop for the day and a minor 0.48% decline over the week. However, the stock has shown significant growth year-to-date, up 337.88%. Let’s take a closer look at the recent performance and any important company news.
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Tidewater Renewables Ltd
LCFS.TO
LCFS.TO
Tidewater Renewables Ltd
WealthAwesomeMarket cap
$692.72M
P/E
0.0x
52W high
$21.27
52W low
$3.30
1W change
-0.48%
Beta
0.74
Analyst Price Targets
Based on analyst covering LCFS
Wall Street analysts forecast LCFS stock price to rise 20.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$22.50
+20.9% Upside
Current Price
C$18.61
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
56.6%
Annualized
90-Day Vol
61.4%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$22.25
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$19.75 | C$16.25 – C$24.01 |
| 60 trading days | C$20.96 | C$15.90 – C$27.63 |
| 90 trading days | C$22.25 | C$15.86 – C$31.20 |
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: Investors may want to consider Tidewater's strong operational metrics and updated financial guidance alongside its recent stock performance.
C$56.0 million in Adjusted EBITDA, up from C$10.8 million last year.
Tidewater Renewables Ltd reported a substantial increase in Adjusted EBITDA, showcasing its operational efficiency and growth potential.
Bull case
Tidewater Renewables has demonstrated impressive growth in its operational metrics. With record Adjusted EBITDA and increased guidance, the company shows potential for future profitability.
Bear case
The recent stock performance, along with a decrease in net income from the previous year, may raise concerns about the company’s short-term financial health.
Recent Price Action
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This week, Tidewater Renewables Ltd’s stock declined by 1.85% on Friday, closing at C$18.33. Over the week, the stock fell slightly by 0.48%, but it has shown remarkable growth year-to-date, with an impressive increase of 337.88%. The stock's performance over the past month also reflects a positive trend, with a gain of 14.31%.
Company News and Operational Updates
Tidewater Renewables Ltd recently reported its second-quarter financial results for 2026, indicating a net income of C$5.1 million, down from C$13.0 million in Q2 2025. However, the company achieved a record Adjusted EBITDA of C$56.0 million, significantly up from C$10.8 million year-over-year. This performance was driven by a utilization rate of 111% at its renewable diesel and hydrogen complex, with an average daily throughput of 3,315 bbl/d. Additionally, the company has reduced its net debt and increased its full-year Adjusted EBITDA guidance to between C$130.0 million and C$140.0 million.
Technical Picture
Tidewater Renewables Ltd's stock is currently trading above its 50-day moving average of C$16.01, representing a 14.5% increase compared to its price. The 200-day moving average stands at C$9.17, indicating a significant 99.8% increase from the current price level. The stock has a beta of 0.74, suggesting lower volatility compared to the broader market. The 52-week range for the stock is C$3.30 to C$21.27, with the current price sitting at approximately 84% of its range. However, trading volume has been lower than average, with the latest volume at 6,673 shares compared to a 20-day average of 36,618 shares.
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