Flora Growth Corp. (FLGC)
NASDAQ: FLGC · IEX Real-Time Price · USD
1.310
+0.010 (0.77%)
At close: May 17, 2024, 4:00 PM
1.311
+0.001 (0.08%)
After-hours: May 17, 2024, 7:59 PM EDT
Flora Growth Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Flora Growth stock have an average target of 6.50, with a low estimate of 6.00 and a high estimate of 7.00. The average target predicts an increase of 396.18% from the current stock price of 1.31.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Flora Growth stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $7 → $6 | Strong Buy | Reiterates | $7 → $6 | +358.02% | May 16, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $1 → $7 | Strong Buy | Maintains | $1 → $7 | +434.35% | Apr 3, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $40 → $20 | Strong Buy | Maintains | $40 → $20 | +1,426.72% | May 18, 2023 |
| Roth MKM | Roth MKM | Strong Buy Maintains $60 → $40 | Strong Buy | Maintains | $60 → $40 | +2,953.44% | Apr 19, 2023 |
| Argus Research | Argus Research | Strong Buy Maintains $60 | Strong Buy | Maintains | $60 | +4,480.15% | Feb 1, 2023 |
Financial Forecast
Revenue This Year
80.45M
from 76.07M
Increased by 5.75%
Revenue Next Year
65.18M
from 80.45M
Decreased by -18.98%
EPS This Year
-0.49
from -7.75
EPS Next Year
0.10
from -0.49
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 90.2M | 67.1M |
| Avg | 80.4M | 65.2M |
| Low | 70.4M | 62.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 18.5% | -16.6% |
| Avg | 5.8% | -19.0% |
| Low | -7.4% | -22.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.50 | 0.11 |
| Avg | -0.49 | 0.10 |
| Low | -0.47 | 0.10 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.