Verano Holdings is undervalued, Haywood says

Can Tech - Fri, 05/09/2025 - 13:49
Haywood Capital Markets analyst Neal Gilmer says Verano Holdings (Verano Holdings Stock Quote, Chart, News, Analysts, Financials NEO:VRNO) is staying the course with solid fundamentals despite a quarterly profit and revenue dip. In a May 8 report on Verano’s Q1 2025 financial results, Gilmer maintained a “Buy” rating and $4.00 target, citing steady execution, strong […]

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Knight Therapeutics is a buy, Stifel says

Can Tech - Fri, 05/09/2025 - 13:08
Knight Therapeutics (Knight Therapeutics Stock Quote, Chart, News, Analysts, Financials TSXV:GUD) is continuing to build momentum, according to Stifel Nicolaus Canada analyst Justin Keywood, who maintained his “Buy” rating and $7.45 target price following the company’s first-quarter earnings release on May 8. Keywood said Knight is steadily assembling a diversified global portfolio of pharmaceutical assets […]

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Groupon wins price target raise at Roth

Can Tech - Fri, 05/09/2025 - 12:24
Roth Capital Partners has raised its price target on Groupon (Groupon Inc Stock Quote, Chart, News, Analysts, Financials NASDAQ:GRPN) to $27 and is maintaining its Buy rating, citing stronger-than-expected first-quarter results that signal growing traction in the company’s turnaround strategy and improving financial performance across key metrics. “After a strong start to 2025, it is […]

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Trulieve Cannabis is a buy, Beacon says

Can Tech - Fri, 05/09/2025 - 09:34
Trulieve Cannabis (Trulieve Cannabis Stock Quote, Chart, News, Analysts, Financials CSE:TRUL) delivered a strong start to fiscal 2025, beating high-end Street expectations on adjusted EBITDA and maintaining its guidance, prompting Beacon Securities analyst Russell Stanley to reiterate his “Buy” rating and C$11.00 price target in a May 8 note. Trulieve Cannabis is a multi-state operator […]

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Green Thumb Industries should be a core holding for cannabis investors, analyst says

Can Tech - Fri, 05/09/2025 - 09:08
Green Thumb Industries (Green Thumb Industries Stock Quote, Chart, News, Analysts, Financials CSE:GTII) delivered a steady first quarter and remains a top cannabis pick for Haywood Securities, where analyst Neal Gilmer is maintaining his “Buy” rating and C$21.00 target price, citing strong margins, robust cash flow and continued dispensary growth. Green Thumb Industries is a […]

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Age-Well partners with Ikea, U of T to launch studio for testing tech for seniors

BetaKit - Fri, 05/09/2025 - 07:00

Startups, researchers, and investors plan to work together on tech for at-home aging.

The post Age-Well partners with Ikea, U of T to launch studio for testing tech for seniors first appeared on BetaKit.

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Plant communities in the Arctic are changing along with the climate, study finds

Technology news (CBC) - Fri, 05/09/2025 - 04:00

A recent study has found that climate change is altering Arctic plant composition, with some species declining in response to warmer temperatures, while others flourish. Researchers studied over 2,000 plant communities across the Canadian Arctic, Alaska, and Scandinavia over four decades.

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5N Plus just delivered an “exceptional” quarter, this analyst says

Can Tech - Thu, 05/08/2025 - 17:36
5N Plus (5N Plus Stock Quote, Chart, News, Analysts, Financials TSX:VNP) blew past expectations in the first quarter of 2025, delivering record revenue and EBITDA, prompting Ventum Capital Markets analyst Amr Ezzat to reaffirm his “Buy” rating and $10.00 target, calling it “the strongest in company history” and a clear signal of the company’s growing […]

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Kinaxis is still undervalued, ATB Capital says

Can Tech - Thu, 05/08/2025 - 17:32
Kinaxis (Kinaxis Stock Quote, Chart, News, Analysts, Financials TSXV:KXS) delivered first-quarter results that met expectations, with record adjusted EBITDA and continued momentum in annual recurring revenue, prompting ATB Capital Markets to maintain its “Outperform” rating and $210.00 price target. In a May 7 note, ATB analyst Martin Toner said Kinaxis reported Q1 2025 results in […]

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D-Wave remains in the red even as revenue jumps 500 percent in Q1

BetaKit - Thu, 05/08/2025 - 15:13

The Canadian-founded quantum firm’s record sum came from delivering a system to a key customer.

The post D-Wave remains in the red even as revenue jumps 500 percent in Q1 first appeared on BetaKit.

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Amilia raises $35 million led by Vertu Capital to help more community centres manage operations

BetaKit - Thu, 05/08/2025 - 13:47

Management and payments platform supports 6,600 recreation facilities across North America, including the YMCA.

The post Amilia raises $35 million led by Vertu Capital to help more community centres manage operations first appeared on BetaKit.

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Spectral Medical is “fundamentally undervalued”, Paradigm says

Can Tech - Thu, 05/08/2025 - 12:51
Paradigm Capital analyst Scott McAuley is maintaining a “Buy” rating and $2.30 target on Spectral Medical (Spectral Medical Stock Quote, Chart, News, Analysts, Financials TSX:EDT) following the company’s announcement of a non-dilutive US$10-million financing deal with commercial partner Vantive US Healthcare LLC. McAuley said the deal removes a major financial overhang and provides runway through […]

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Is Ballard Power a buy?

Can Tech - Thu, 05/08/2025 - 12:25
Ballard Power’s (Ballard Power Stock Quote, Chart, News, Analysts, Financials NASDAQ:BLDP) disappointing Q1 2025 results prompted Roth Capital Partners analyst Craig Irwin to reaffirm his $1.25 price target and “Neutral” rating, highlighting the company’s continued cash burn, lack of new bookings and limited visibility on a path to profitability. However, he credited Ballard with maintaining […]

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Propel Holdings deserves a higher P/E multiple, Ventum says

Can Tech - Thu, 05/08/2025 - 11:07
Rob Goff of Ventum Capital Markets maintained a “Buy” rating and $45.00 price target on Propel Holdings (Propel Holdings Stock Quote, Chart, News, Analysts, Financials TSXV:PRL) based on what he calls a “strong Q1 beat,” citing robust revenue and EPS outperformance, expanding credit quality, and platform momentum that aligns with his long-term growth thesis. In […]

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Ontario set to begin construction of Canada's 1st mini nuclear power plant

Technology news (CBC) - Thu, 05/08/2025 - 09:00

Premier Doug Ford's government has given Ontario Power Generation the green light to start construction on Canada’s first small modular reactor, a new nuclear technology to be built next door to the Darlington power plant. 

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Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip

BetaKit - Thu, 05/08/2025 - 07:46

CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”

The post Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip first appeared on BetaKit.

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Where FreshBooks gets its best product ideas

BetaKit - Thu, 05/08/2025 - 07:00

Forums like Customer Experience Week help the company listen closely, and build accordingly.

The post Where FreshBooks gets its best product ideas first appeared on BetaKit.

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Active Impact Investments holds $110-million final close for third climate tech seed fund

BetaKit - Thu, 05/08/2025 - 06:30

Managing partner says firm chose to execute strategy over extending fundraise to hit original $120 million target.

The post Active Impact Investments holds $110-million final close for third climate tech seed fund first appeared on BetaKit.

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Scientists suspect lethal virus behind countless fish washing up dead in Lake Huron

Technology news (CBC) - Thu, 05/08/2025 - 04:00

Scientists who study fish suspect an outbreak of deadly hemorrhagic septicemia (VHS), could be behind the unusually large number of dead fish in Lake Huron this spring.

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Thinkific Labs: this analyst just chopped his price target

Can Tech - Wed, 05/07/2025 - 19:53
ATB Capital Markets is lowering its expectations for Thinkific Labs (Thinkific Labs Stock Quote, Chart, News, Analysts, Financials TSXV:THNC), with analyst Martin Toner trimming his price target to $3.25 from $3.75 while maintaining a “Sector Perform” rating. The revised forecast reflects a miss on gross margins, weaker long-term revenue visibility and a weaker U.S. dollar. […]

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