Acumen sets CAD 5.00 target for Auxly Cannabis Group stock

Published on 10/20/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Auxly Cannabis Group stock costs EUR 2.14 at Lang & Schwarz on October 20, 2026. Acumen Capital set a CAD 5.00 target.

Analyst coverage and results

Acumen Capital initiated coverage with a CAD 5.00 target on October 2, 2026.
Auxly reported CAD 45.80 million in second-quarter 2026 revenue, up 18.00 percent year over year.
Auxly Cannabis Group stock trades at EUR 2.14 at 1:32 p.m. CEST at Lang & Schwarz on October 20, 2026.

XLY, CA05335P7039, Illustration mit AI erstellt.

Auxly Cannabis Group (CA05335P7039) received a CAD 5.00 price target from Acumen Capital on October 2, 2026, when the firm initiated coverage, according to IT Boltwise. The target puts the analyst view at the center of the cannabis producer's current stock story.

Second-quarter growth sets the base

Investing.com reported that Auxly generated CAD 45.80 million in revenue in the second quarter of 2026, an 18.00 percent increase from the same quarter a year earlier. The same source listed earnings per share of CAD 0.07 and a revenue estimate of CAD 41.10 million, implying a CAD 4.70 million beat against that estimate.

The income statement gives the growth figure a more cautious frame. Auxly recorded CAD 7.70 million in net income for the second quarter of 2026, while operating income was negative CAD 3.91 million. That split makes recurring operating profitability more important than the headline revenue increase.

What do the milestones show?

Auxly announced the 14:1 share consolidation on July 22, 2026, with the post-consolidation shares beginning to trade on July 28, 2026, according to the Auxly investor page. The company then reported second-quarter results on August 13, 2026, before Acumen Capital initiated coverage with its CAD 5.00 target on October 2, 2026.

When are results due?

The next reporting date shown by Investing.com is November 16, 2026. That release should provide the next test of whether revenue growth is translating into positive operating income.

Euro quote and Canadian context

Auxly's primary listing is on the Toronto Stock Exchange, where the stock was last quoted at CAD 3.39 on October 19, 2026 at 4:00 p.m. EDT. The 52-week range was CAD 1.54 to CAD 3.75 on that date, while market capitalization stood at CAD 350.0 million.

Auxly Cannabis Group stock was trading at EUR 2.14 at Lang & Schwarz on October 20, 2026 at 1:32 p.m. CEST. On the TSX, it was last quoted at CAD 3.39 on October 19, 2026 at 4:00 p.m. EDT. The further course of trading is shown by the continuously updated real-time quote of Auxly Cannabis Group stock.