Electrovaya has strong momentum, Roth says
Electrovaya (Electrovaya Stock Quote, Chart, News, Analysts, Financials NASDAQ:ELVA) powered through its ninth straight profitable quarter, and while Q2 numbers landed just shy of expectations, Roth Capital Partners is sticking with its “Buy” rating and 12-month price target $5.00, citing strong momentum, a growing backlog, and tariff-proof production ramping up in New York. In his […]
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Glass House Brands is on a roll, this analyst says
Glass House Brands (Glass House Brands Stock Quote, Chart, News, Analysts, Financials NEO:GLAS) is gaining ground across the board, according to Ventum Capital Markets analyst Andrew Semple, who says each business segment outperformed expectations in Q1 2025, and Q2 is shaping up to be even stronger. “Glass House continued to show momentum across the organization, […]
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Ventum cuts price target on Calian Group
Calian Group’s (Calian Group Stock Quote, Chart, News, Analysts, Financials TSXV:CGY) latest quarterly results may have disappointed, but Ventum Capital Markets analyst Rob Goff is staying positive on the stock’s long-term potential, especially in defence, while trimming his target price to $60 from $68 and maintaining a “Buy” rating. In his May 15 report on […]
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WELL Health is building a Canadian healthcare powerhouse, Beacon says
Well Health Technologies (Well Health Technologies Stock Quote, Chart, News, Analysts, Financials TSXV:WELL) delivered a strong Q1 rebound that reaffirmed its Canadian growth strategy, prompting Beacon Securities analyst Gabriel Leung to maintain his “Buy” rating and $9.00 target price as the company looks to scale its core business and exit U.S. operations. In his May […]
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Quipt Home Medical has price target cut at Leede
Quipt Home Medical (Quipt Home Medical Stock Quote, Chart, News, Analysts, Financials TSXV:QIPT) may have posted a softer quarter, but Leede Financial analyst Douglas Loe is holding firm on the company’s long-term potential, even as he cuts his price target nearly in half, citing weaker growth and cash flow metrics in the latest results. Kentucky-based […]
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Beacon chops price target on VerticalScope
VerticalScope Holdings (VerticalScope Holdings Stock Quote, Chart, News, Analysts, Financials TSXV:FORA) is feeling the impact of a tough first quarter, prompting Beacon Securities analyst Gabriel Leung to cut his price target to $8.50 from $12.00 as digital ad headwinds, weaker margins and search traffic declines weigh on near-term growth expectations. He is maintaining his “Buy” […]
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Bitfarms is still undervalued, ATB Capital says
While cost pressures and earnings fell short of some expectations, Bitfarms (Bitfarms Stock Quote, Chart, News, Analysts, Financials TSX:BITF) is shifting strategically toward high-performance computing and artificial intelligence infrastructure and showing prudent financial management. In a May 14 note on the company’s Q1 earnings, ATB Capital Markets analyst Martin Toner maintained his “Outperform” rating and […]
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Ascend Wellness Holdings keeps “Buy” rating at Ventum
Ascend Wellness Holdings (Ascend Wellness Holdings Stock Quote, Chart, News, Analysts, Financials CSE:AAWH) may have reported mixed Q1 results, but Ventum Capital Markets analyst Andrew Semple is high on the stock, maintaining his “Buy” rating and US$2.75 target, citing cost savings, improving margins and long-term growth potential in key U.S. cannabis markets. Ascend Wellness is […]
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Galaxy Digital Holdings is undervalued, this analyst says
Galaxy Digital Holdings (Galaxy Digital Holdings Stock Quote, Chart, News, Analysts, Financials TSXV:GLXY) may have posted a wider-than-expected loss in the first quarter of 2025, but ATB Capital Markets says brighter days are ahead, driven by its growing high-performance computing (HPC) business and a long-awaited U.S. stock listing. In a May 13 update, ATB analyst […]
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WonderFi can do better than the Robinhood deal, Haywood says
Robinhood’s bid for WonderFi Technologies (WonderFi Technologies Stock Quote, Chart, News, Analysts, Financials TSX:WNDR) may be a crypto coup — but not everyone’s sold on the price. Haywood Capital Markets analyst Gianluca Tucci says the $0.36-per-share all-cash offer undervalues WonderFi’s strong position in Canada’s crypto market and leaves room for a higher bid, even as […]
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Roth chops price target on Plug Power
Roth Capital Partners analyst Craig Irwin lowered his price target for Plug Power (Plug Power Stock Quote, Chart, News, Analysts, Financials NASDAQ:PLUG) to $3.50 from $5.00, citing reduced 2025 revenue expectations, now forecast at $700-million, down from a previous estimate of $900-million. Founded in 1997 in Latham, New York, Plug Power makes fuel cell systems […]
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goeasy keeps “Buy” rating at Beacon Secuities
Despite missing earnings expectations for the first time in years, goeasy (goeasy Stock Quote, Chart, News, Analysts, Financials TSXV:GSY) still has a clear path to recovery, says Beacon Securities analyst Doug Cooper, who maintained his “Buy” rating and $300.00 price target in a May 13 note. Shares of goeasy (GSY) have struggled since hitting a […]
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Buy Organigram for big returns, Haywood says
Organigram’s (Organigram Stock Quote, Chart, News, Analysts, Financials TSXV:OGI) growth is nothing to weed out, says Haywood Capital Markets’s analyst Neal Gilmer, who’s holding firm on his $2.50 target as the cannabis producer boosts margins, deepens partnerships and rolls toward global expansion. Haywood has updated its forecast after the latest quarter, with a small boost […]
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Telus Digital Experience upgraded at National Bank
Telus Digital Experience (Telus Digital Experience Stock Quote, Chart, News, Analysts, Financials TSXV:TIXT) is showing early signs of a turnaround, prompting National Bank of Canada Financial’s Richard Tse to upgrade the stock, in a May 9th update, to “Outperform” and raise his price target to US$3.50, citing improving fundamentals, stable guidance and what he sees […]
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Illumin Holdings is undervalued, Ventum Capital says
Illumin Holdings’ (Illumin Holdings Stock Quote, Chart, News, Analysts, Financials TSX:ILLM) recent pullback presents a buying opportunity, says Ventum Capital Markets analyst Rob Goff, who maintained his Buy rating and $3.40 target on May 12, pointing to strong second-half momentum, positive engagement trends and potential upside from M&A. Illumin Holdings’ second-half outlook remains encouraging. He […]
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VitalHub has years of outperformance left, Paradigm Capital says
VitalHub’s (VitalHub Stock Quote, Chart, News, Analysts, Financials TSXV:VHI) steady growth, active acquisition strategy, and solid margins have Paradigm Capital’s Daniel Rosenberg sticking to his “Buy” rating and $12.50 target, as the company positions itself for another year of profitable expansion. In a May 11 research note, Rosenberg said VitalHub is showing strong organic growth […]
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Don’t underestimate Shopify, ATB says
Shopify’s (Shopify Stock Quote, Chart, News, Analysts, Financials TSX:SHOP) stock slide has created a buying opportunity, says ATB Capital Markets analyst Martin Toner, who upgraded the stock to “Outperform” and raised his price target to $160.00 following strong Q1 results and resilient growth guidance. Shopify reported $2.36-billion in revenue for Q1, up 26.8% year over […]
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D-Wave Quantum wins price target raise at Roth
D-Wave Quantum (D-Wave Quantum Stock Quote, Chart, News, Analysts, Financials NYSE:QBTS) flew past expectations in Q1 2025 with a surge in revenue, driven by its first major hardware sale and growing demand for its quantum computing services. The company brought in $15-million for the quarter, more than five times last year’s total for the same […]
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Air Canada stock upgraded at RBC, target raised to $25.00
Following the company’s most recent results, RBC Dominion Securities analyst James McGarragle is feeling more bullish about Air Canada (Air Canada Stock Quote, Chart, News, Analysts, Financials TSX:AC). On May 8, AC reported its Q1, 2025 results. The company posted Adjusted EBITDA of $387-million on revenue of $5.19-billion. “Our first quarter 2025 results show Air […]
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Docebo downgraded at ATB Capital
Docebo (Docebo Stock Quote, Chart, News, Analysts, Financials TSX:DCBO) is under scrutiny following its Q1 2025 earnings report. Despite reporting revenue of $57.3-million, slightly above expectations, the company lowered its full-year guidance, citing macroeconomic uncertainty and the impending loss of Amazon Web Services (AWS) as a client. The announcement prompted ATB Capital Markets analyst Martin […]
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