The Globe and Mail reports in its Tuesday, Sept. 15, edition that Stifel analyst Martin Landry continues to rank Guru Organics Energy "hold." The Globe's David Leeder writes that Mr. Landry cut his share target by a loonie to $4. Analysts on average target the shares at $3.12. Mr. Landry says in a note: Guru reported better than expected Q3FY26 results, with revenue of $11.5-million and positive adjusted EBITDA of $900,000 versus our forecast of a $200,000 loss. Excluding last year's one-time change in estimate tied to the termination of the Canadian exclusive distribution agreement, revenue grew 27 per cent year-over-year, with Canada up 19 per cent year-over-year. In the U.S. revenues increase a strong 60 per cent year-over-year on the nationwide Sprouts launch that went live June 22. Concurrently to the earnings release, the company announced that Carl Goyette is concluding his tenure as president and CEO, with chairman Tyler Ricks serving as executive chair while the board searches for a successor. This change was unexpected and the reasons for the change not clear. However, Mr. Goyette leaves at a time when the company seems to be gaining some momentum with improved profitability and sales breakthrough in the U.S."