Want to see TSE:DB full AI Analyst Report?
DB Stock Chart & Stats
C$0.12
<C$0.01(4.76%)
At close: 4:00 PM EDT
C$0.12
<C$0.01(4.76%)
Day’s Range― - ―
52-Week RangeC$1.35 - C$2.25
Previous CloseN/A
Volume264.67K
Average Volume (3M)24.73K
Market Cap
C$60.40M
Enterprise ValueC$1.13K
Total Cash (Recent Filing)C$9.98M
Total Debt (Recent Filing)C$57.60M
Price to Earnings (P/E)―
Beta0.49
Next Earnings
Nov 12, 2026EPS Estimate
0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding38,469,550
10 Day Avg. Volume21,193
30 Day Avg. Volume24,728
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)1.02
Price to Sales (P/S)0.56
P/FCF Ratio11.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$4.00Price Target Upside3233.33% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.19
Revenue Forecast (FY)C$134.88M
Bulls Say, Bears Say
Bulls Say
Strong Revenue ReboundThe sharp revenue rebound indicates materially stronger sales traction across Decibel’s regulated cannabis offerings. If sustained, higher scale can improve operating leverage, support brand investment, and strengthen the company’s position with provincial distributors and authorized retail channels.
EBITDA Turned PositivePositive EBITDA represents an important improvement in underlying operating performance, even though the turnaround is incomplete. Continued EBITDA generation could provide a foundation for better cash conversion, lower funding dependence, and eventual recovery in earnings quality.
Lower Financial LeverageReduced debt and leverage below one times equity improve financial flexibility and lower refinancing and solvency pressure. A more manageable balance sheet gives Decibel greater capacity to withstand operating volatility while it works to convert improved sales and EBITDA into sustainable profitability.
Bears Say
Negative Operating And Free Cash FlowOngoing operating and free cash flow consumption shows that improved reported performance has not yet translated into internally generated cash. If the deficit persists, liquidity may remain pressured and the company could have less flexibility to fund growth, operations, or obligations without external support.
Profitability Remains IncompleteNegative operating profit and net margin indicate that Decibel has not yet achieved full earnings profitability despite the revenue rebound and positive EBITDA. This limits retained capital generation and leaves the business more exposed to execution challenges before the turnaround can be considered durable.
Gross Margin CompressionLower gross margins weaken the economic benefit of higher sales and can prevent revenue growth from translating into stronger operating income. Persistent pricing, product-mix, or cost pressure would make the recent rebound less durable and could delay progress from EBITDA toward net profitability.
Decibel Cannabis Company News
DB FAQ
What was Decibel Cannabis Company’s price range in the past 12 months?
Decibel Cannabis Company lowest stock price was C$1.35 and its highest was C$2.25 in the past 12 months.
What is Decibel Cannabis Company’s market cap?
Decibel Cannabis Company’s market cap is C$60.40M.
When is Decibel Cannabis Company’s upcoming earnings report date?
Decibel Cannabis Company’s upcoming earnings report date is Nov 12, 2026 which is in 52 days.
How were Decibel Cannabis Company’s earnings last quarter?
Decibel Cannabis Company released its earnings results on Aug 20, 2026. The company reported C$0.15 earnings per share for the quarter, beating the consensus estimate of C$0.075 by C$0.075.
Is Decibel Cannabis Company overvalued?
According to Wall Street analysts Decibel Cannabis Company’s price is currently Undervalued.
Does Decibel Cannabis Company pay dividends?
Decibel Cannabis Company does not currently pay dividends.
What is Decibel Cannabis Company’s EPS estimate?
Decibel Cannabis Company’s EPS estimate is 0.08.
How many shares outstanding does Decibel Cannabis Company have?
Decibel Cannabis Company has 38,469,550 shares outstanding.
What happened to Decibel Cannabis Company’s price movement after its last earnings report?
Decibel Cannabis Company reported an EPS of C$0.15 in its last earnings report, beating expectations of C$0.075. Following the earnings report the stock price went up 8.696%.
Which hedge fund is a major shareholder of Decibel Cannabis Company?
Currently, no hedge funds are holding shares in TSE:DB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Decibel Cannabis Company
Decibel Cannabis Company Inc. operates within Canada's cannabis industry, overseeing the entire spectrum from growing and processing to manufacturing and selling its diverse product line. It serves other licensed Canadian producers by supplying cannabis flower, pre-rolled offerings, and bulk biomass. Additionally, the company excels in the intricate processes of extracting, refining, and producing a variety of cannabis derivative goods, such as vape cartridges, edibles, and concentrated extracts. Consumers can find its products under proprietary labels including Qwest, Qwest Reserve, Blendcraft by Qwest, and General Admission. Decibel Cannabis Company Inc. has its corporate headquarters situated in Calgary, Canada.
DB Stock 12 Month Forecast
Average Price Target
C$4.00
▲(3233.33% Upside)
Technical Analysis
Leef Brands
―
Charlotte's Web Holdings
―
MediPharm Labs
―
Planet 13 Holdings
―
Greenway Greenhouse Cannabis Corp.
―








