Auxly Cannabis Group Inc faced a significant setback in its stock performance yesterday, with a notable drop of 5.65%.
Auxly Cannabis Group Inc (XLY.TO) had a tough trading session yesterday, as its stock price fell by 5.65%, closing at CA$3.34. This decline reflects ongoing pressures within the Canadian cannabis sector, particularly due to rising bond yields that have affected growth stocks across the board.
Investor takeaway: Investors should remain cautious as Auxly navigates a challenging market environment, especially with its focus on cannabis products amidst rising costs and shifting consumer preferences.
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Auxly Cannabis Group Inc
XLY.TO
XLY.TO
Auxly Cannabis Group Inc
WealthAwesomeMarket cap
$344.81M
P/E
10.8x
52W high
$3.75
52W low
$1.54
1W change
-5.11%
Beta
1.23
Analyst Price Targets
Based on analyst covering XLY · as of Sep 28, 2026
Wall Street analysts forecast XLY stock price to rise 34.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$4.50
+34.7% Upside
Previously C$4.00 on Sep 17, 2026
Current Price
C$3.34
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 XLY's historical volatility
30-Day Vol
37.3%
Annualized
90-Day Vol
452.5%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$3.99
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$3.54 | C$3.12 – C$4.03 |
| 60 trading days | C$3.76 | C$3.14 – C$4.51 |
| 90 trading days | C$3.99 | C$3.19 – C$4.99 |
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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5.65% Decline in Auxly's Stock Price
Auxly Cannabis Group's stock price dropped to CA$3.34, raising investor concerns about its financial stability and the broader challenges facing the cannabis industry.
Bull case
Despite the decline, Auxly Cannabis Group boasts a strong portfolio of popular cannabis brands, like Back Forty. This could support future revenue growth if market conditions improve.
Bear case
The recent drop raises worries about Auxly's ability to maintain profitability and market share in a competitive landscape, especially with increased scrutiny on its financial health and product offerings.
Market Context
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Auxly's stock decline is part of a broader trend affecting the cannabis sector, where rising bond yields have made it harder for growth companies to justify their valuations. As investors reassess their portfolios, companies with weaker financials, like Auxly, may face heightened scrutiny.
Financial Performance
With a market cap of CA$344.8 million and a P/E ratio of 10.77, Auxly Cannabis Group's financial metrics indicate it is under pressure to deliver consistent revenue growth. The company's profit margin of 19.69% shows potential for profitability, but recent performance raises questions about sustainability.
Future Outlook
Looking ahead, Auxly must address its cost structure and product mix to regain investor confidence. The company's ability to adapt to market changes and maintain its position in the competitive cannabis landscape will be crucial for its recovery.
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