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.
Advertisement
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 (1σ) |
|---|---|---|
| 30 trading days | C$0.93 | C$0.70 – C$1.24 |
| 60 trading days | C$0.92 | C$0.61 – C$1.39 |
| 90 trading days | C$0.91 | C$0.55 – C$1.50 |
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.
Advertisement
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
Advertisement
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.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
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.
