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NASDAQ: CGC
Canopy Growth Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CGC

Based on 2 analysts offering 12 month price targets for Canopy Growth Corp.
Min Forecast
$1.00+21.21%
Avg Forecast
$2.10+154.55%
Max Forecast
$3.20+287.88%

Should I buy or sell CGC stock?

Based on 2 analysts offering ratings for Canopy Growth Corp.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 50%

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CGC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Top 4%
97
Strong SellMaintains$1.00+21.21%2023-05-02
Cantor Fitzgerald
Top 8%
93
HoldMaintains$3.20+287.88%2023-02-17

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Forecast return on equity

Is CGC forecast to generate an efficient return?
Company
2.31%
Industry
0.05%
Market
71.95%
CGC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CGC forecast to generate an efficient return on assets?
Company
1.09%
Industry
0.03%
CGC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CGC revenue growth forecast

How is CGC forecast to perform vs Drug Manufacturers - Specialty & Generic companies and vs the US market?
Company
40.82%
Industry
8.48%
Market
8.44%
CGC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CGC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CGC vs Pharmaceutical Stocks

TickerPricePrice TargetUp/downsideConsensus
CGC$0.83$2.10+154.55%Sell
EBS$8.24$15.50+88.11%Hold
PETQ$13.62$30.00+120.26%Strong Buy
ADMP$2.07N/AN/A
ASRT$6.35$9.50+49.61%Strong Buy
View Top Pharmaceutical Stocks

Canopy Growth Stock Forecast FAQ

Is Canopy Growth Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: CGC) stock is to Sell CGC stock.

Out of 2 analysts, 0 (0%) are recommending CGC as a Strong Buy, 0 (0%) are recommending CGC as a Buy, 1 (50%) are recommending CGC as a Hold, 0 (0%) are recommending CGC as a Sell, and 1 (50%) are recommending CGC as a Strong Sell.

If you're new to stock investing, here's how to buy Canopy Growth stock.

What is CGC's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: CGC) forecast ROE is 2.31%, which is considered weak.

What is CGC's Price Target?

According to 2 Wall Street analysts that have issued a 1 year CGC price target, the average CGC price target is $2.10, with the highest CGC stock price forecast at $3.20 and the lowest CGC stock price forecast at $1.00.

On average, Wall Street analysts predict that Canopy Growth's share price could reach $2.10 by May 2, 2024. The average Canopy Growth stock price prediction forecasts a potential upside of 154.55% from the current CGC share price of $0.83.

What is CGC's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: CGC) forecast ROA is 1.09%, which is higher than the forecast US Drug Manufacturers - Specialty & Generic industry average of 0.03%.
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