Cannara Biotech Inc. (TSX:LOVE)
Canada flag Canada · Delayed Price · Currency is CAD
1.890
-0.030 (-1.56%)
Jul 20, 2026, 3:59 PM EST

Cannara Biotech Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Cannara Biotech stock has a consensus rating of "Strong Buy" and an average price target of $3.38. The average 1-year stock price forecast is 78.84% higher than the current stock price, while the lowest is $3.00 (+58.73%) and the highest is $4.00 (+111.64%).

Price Target: $3.38 (+78.84%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$3.00$3.38$3.25$4.00
Change+58.73%+78.84%+71.96%+111.64%

Analyst Ratings

The average analyst rating for Cannara Biotech stock 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

Chart
RatingJan '26Feb '26Mar '26Apr '26May '26Jul '26
Strong Buy123444
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total123444

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Atrium Research
Atrium Research
Buy
Maintains
$3.00
BuyMaintains$3.00+58.73%Jul 16, 2026
TD Cowen
TD Cowen
Buy
Maintains
$4.00
BuyMaintains$4.00+111.64%Jul 16, 2026
Haywood
Haywood
Buy
Reiterates
$3.00
BuyReiterates$3.00+58.73%Jul 15, 2026

Financial Forecast

Revenue This Year
123.32M
from 107.20M
Increased by 15.03%
Revenue Next Year
145.97M
from 123.32M
Increased by 18.37%
EPS This Year
0.12
from 0.14
Decreased by -14.29%
EPS Next Year
0.20
from 0.12
Increased by 69.44%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingAug 31, 2021Aug 31, 2022Aug 31, 2023Aug 31, 2024Aug 31, 2025Aug 31, 2026
Revenue
17.02M35.84M57.26M81.75M107.20M123.32M
Revenue Growth
567.25%110.58%59.76%42.77%31.14%15.03%
Gross Profit
10.30M17.33M27.23M29.79M47.10M52.96M
Gross Margin
60.50%48.36%47.56%36.44%43.94%42.95%
Operating Income
52.60K4.82M11.72M7.64M21.66M21.88M
Net Income
-1.53M2.31M6.95M6.44M13.08M11.72M
EPS
----0.140.12
EPS Growth
------14.29%
Forward PE
----12.4115.75
Free Cash Flow
-33.71M-23.81M-11.46M-7.43M10.10M10.35M
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High125.0M
Avg123.3M
Low121.9M

Revenue Growth

Revenue Growth202620272028
High
16.6%
Avg
15.0%
Low
13.7%

EPS Forecast

EPS202620272028
High0.12
Avg0.12
Low0.12

EPS Growth

EPS Growth202620272028
High
-14.3%
Avg
-14.3%
Low
-14.3%