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Guru Organic Energy Corp
Symbol GURU
Shares Issued 30,068,586
Close 2025-09-12 C$ 4.46
Market Cap C$ 134,105,894
Recent Sedar+ Documents

Globe says Landry keeps Guru Organic Energy at "buy"

2025-09-12 07:32 ET - In the News

The Globe and Mail reports in its Friday, Sept. 12, edition that Stifel analyst Martin Landry has reaffirmed his "buy" recommendation for Guru Organic Energy. The Globe's David Leeder writes that Mr. Landry gave his share target a $1.50 boost to $4, matching the consensus. Mr. Landry says in a note: "Guru reported its best quarterly results in more than two years with strong revenue growth combined with profitability expansion. Investors sent shares up 27 per cent on the day and Guru crossed the $100-million market cap for the first time since late 2022. Management exhibited confidence during the earnings call, as innovations are getting traction, while industry demand has rebounded from its lows last year. However, generating strong profitability levels as in Q3FY25 may be difficult to replicate given the low marketing dollars spent during the quarter. Nonetheless, with better control over its destiny, following the transition of distribution, management appears in a good position to grow the Guru brand and take market share. We increase our FY25 and FY26 revenue forecasts by 8 per cent and 3 per cent. ... Our target increases on higher valuation multiples to reflect the current momentum and larger market cap."

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