CIBC sets CAD 1.50 target for Thinkific stock

Published on 10/21/2026 at 03:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Thinkific raised adjusted EBITDA guidance to 7.00-10.00 percent on September 23, 2026. Thinkific stock last stood at EUR 1.36 on October 20, 2026.

Profitability reset meets reporting dates

CIBC maintained Hold and set a CAD 1.50 target on October 16, 2026.
Thinkific's second-quarter 2026 revenue reached USD 18.6 million, up 3.00 percent year over year.
Thinkific stock last stood at EUR 1.36 at Deutsche Boerse AG on October 20, 2026.

TH, CA8841213025, Illustration mit AI erstellt.

Thinkific Labs stock (ISIN CA8841213025) gained a CAD 1.50 target from CIBC on October 16, 2026, while the bank maintained its Hold rating, as reported by The Globe and Mail. The target frames the market debate around Thinkific's cost reset and profitability outlook.

Cost reset changes the margin math

On September 23, 2026, Thinkific said its reorganization affected 96 employees and was expected to generate USD 19 million in annualized cost savings. The company raised its third-quarter 2026 adjusted EBITDA guidance to 7.00-10.00 percent of revenue from 2.00-5.00 percent, while reaffirming revenue guidance of USD 18.6 million to USD 18.9 million.

The margin target is the sharper change. Thinkific also targeted free cash flow margins of 25.00 percent or more beginning in fiscal year 2027, but the company expects USD 5 million in restructuring charges, primarily in the third quarter of 2026.

What follows on November 3?

Thinkific said on October 16, 2026, that it will report third-quarter 2026 results after the market close on November 3, 2026, with its conference call scheduled for 5:00 p.m. ET, according to Thinkific. The report will test whether the cost actions can support the higher profitability range.

Three dates show the reset

On August 5, 2026, Thinkific reported second-quarter revenue of USD 18.6 million, up 3.00 percent year over year, according to Thinkific. On September 23, 2026, it announced the 96-employee reorganization and higher adjusted EBITDA guidance. On October 16, 2026, it set November 3, 2026, for the third-quarter report.

Which dates come next?

The next company reporting date is November 3, 2026, followed by Thinkific's product roadmap session on October 27, 2026, which is listed as a customer event. The reporting date carries greater weight because it is the first scheduled test of the revised third-quarter outlook.

Stock stays below its yearly high

Thinkific's TSX-listed shares last stood at CAD 2.09 on October 20, 2026, at 4:00 p.m. ET, against a 52-week range of CAD 1.11 to CAD 2.40. The last available euro quote stood at EUR 1.36 at Deutsche Boerse AG on October 20, 2026.