TerrAscend Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, TerrAscend stock has a consensus rating of "Strong Buy" and an average price target of $1.80. The average 1-year stock price forecast is 92.51% higher than the current stock price, while the lowest is $1.54 (+64.71%) and the highest is $2.05 (+119.25%).

Price Target: $1.80 (+92.51%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$1.54	$1.80	$1.80	$2.05
Change	+64.71%	+92.51%	+92.51%	+119.25%

* Price targets were last updated on Mar 16, 2026.

Analyst Ratings

The average analyst rating for TerrAscend stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	4	3	3	2	2	2
Buy	0	0	0	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kenric Tyghe Canaccord Genuity	Canaccord Genuity	Buy Maintains $2.00	Buy	Maintains	$2.00	+113.90%	Mar 16, 2026

Financial Forecast

Revenue This Year

265.10M

from 260.56M

1.74%

from 260.56M

Revenue Next Year

281.00M

from 265.10M

6.00%

from 265.10M

EPS This Year

-0.06

from -0.06

EPS Next Year

-0.04

from -0.06

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	194.21M	247.83M	250.51M	268.08M	260.56M	265.10M
Revenue Growth	46.96%	27.61%	1.08%	7.01%	-2.80%	1.74%
Gross Profit	115.97M	104.27M	138.02M	135.87M	136.32M	138.56M
Gross Margin	59.71%	42.07%	55.09%	50.68%	52.32%	52.27%
Operating Income	35.33M	-20.97M	48.76M	40.19M	44.50M	43.00M
Net Income	3.11M	-329.91M	-95.54M	-80.23M	-86.23M	-20.10M
EPS	-	-	-	-	-0.06	-0.06
Free Cash Flow	-91.53M	-12.79M	20.01M	-31.59M	74.23M	18.25M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	268.4M
Avg	265.1M
Low	261.1M

Revenue Growth

Revenue Growth	2026	2027	2028
High	3.0%
Avg	1.7%
Low	0.2%

EPS Forecast

EPS	2026	2027	2028
High	-0.03
Avg	-0.06
Low	-0.08

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-