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NASDAQ: FLGC
Flora Growth Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for FLGC

Based on 3 analysts offering 12 month price targets for Flora Growth Corp.
Min Forecast
$0.85+269.57%
Avg Forecast
$1.95+747.83%
Max Forecast
$3.00+1,204.35%

Should I buy or sell FLGC stock?

Based on 3 analysts offering ratings for Flora Growth Corp.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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FLGC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Argus Research
Bottom 37%
37
Strong BuyMaintains$3.00+1,204.35%2023-02-01
Alliance Global Partners
Bottom 4%
4
Strong BuyMaintains$2.00+769.57%2022-10-25
Cantor Fitzgerald
Top 5%
96
HoldInitiates Coverage On$0.85+269.57%2022-08-01

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Forecast return on equity

Is FLGC forecast to generate an efficient return?
Company
-45.71%
Industry
29%
Market
51.53%
FLGC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is FLGC forecast to generate an efficient return on assets?
Company
-33.86%
Industry
11.28%
FLGC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

FLGC earnings per share forecast

What is FLGC's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.20
Avg 2 year Forecast
-$0.32

FLGC revenue forecast

What is FLGC's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$72.4M
Avg 2 year Forecast
$90.0M

FLGC vs Pharmaceutical Stocks

TickerPricePrice TargetUp/downsideConsensus
FLGC$0.23$1.95+747.83%Strong Buy
ADMP$0.12N/AN/AHold
SBFM$0.78N/AN/A
LCI$1.59$2.25+41.51%Hold
CLVR$0.38$2.85+644.13%Buy
View Top Pharmaceutical Stocks

Flora Growth Stock Forecast FAQ

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

The consensus among 3 Wall Street analysts covering (NASDAQ: FLGC) stock is to Strong Buy FLGC stock.

Out of 3 analysts, 2 (66.67%) are recommending FLGC as a Strong Buy, 0 (0%) are recommending FLGC as a Buy, 1 (33.33%) are recommending FLGC as a Hold, 0 (0%) are recommending FLGC as a Sell, and 0 (0%) are recommending FLGC as a Strong Sell.

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

What is FLGC's earnings growth forecast for 2023-2024?

(NASDAQ: FLGC) Flora Growth's forecast annual earnings growth rate of N/A is not forecast to beat the US Drug Manufacturers - Specialty & Generic industry's average forecast earnings growth rate of 44.93%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 77.86%.

Flora Growth's earnings in 2023 is N/A.On average, 2 Wall Street analysts forecast FLGC's earnings for 2023 to be -$15,475,800, with the lowest FLGC earnings forecast at -$27,856,440, and the highest FLGC earnings forecast at -$2,321,370.

In 2024, FLGC is forecast to generate -$24,761,280 in earnings, with the lowest earnings forecast at -$24,761,280 and the highest earnings forecast at -$24,761,280.

What is FLGC's revenue growth forecast for 2023-2024?

(NASDAQ: FLGC) Flora Growth's forecast annual revenue growth rate of N/A is not forecast to beat the US Drug Manufacturers - Specialty & Generic industry's average forecast revenue growth rate of 2.53%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.31%.

Flora Growth's revenue in 2023 is N/A.On average, 2 Wall Street analysts forecast FLGC's revenue for 2023 to be $5,598,370,650, with the lowest FLGC revenue forecast at $5,393,316,300, and the highest FLGC revenue forecast at $5,803,425,000.

In 2024, FLGC is forecast to generate $6,964,110,000 in revenue, with the lowest revenue forecast at $6,964,110,000 and the highest revenue forecast at $6,964,110,000.

What is FLGC's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: FLGC) forecast ROA is -33.86%, which is lower than the forecast US Drug Manufacturers - Specialty & Generic industry average of 11.28%.

What is FLGC's Price Target?

According to 3 Wall Street analysts that have issued a 1 year FLGC price target, the average FLGC price target is $1.95, with the highest FLGC stock price forecast at $3.00 and the lowest FLGC stock price forecast at $0.85.

On average, Wall Street analysts predict that Flora Growth's share price could reach $1.95 by Feb 1, 2024. The average Flora Growth stock price prediction forecasts a potential upside of 747.83% from the current FLGC share price of $0.23.

What is FLGC's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: FLGC) Flora Growth's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that FLGC's EPS will be -$0.20 for 2023, with the lowest EPS forecast at -$0.36, and the highest EPS forecast at -$0.03. In 2024, FLGC's EPS is forecast to hit -$0.32 (min: -$0.32, max: -$0.32).

What is FLGC's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: FLGC) forecast ROE is -45.71%, which is considered weak.
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