Canopy Growth Corporation (TSX:WEED)
1.490
+0.040 (2.76%)
May 27, 2026, 4:00 PM EST
Canopy Growth Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, Canopy Growth stock has a consensus rating of "Hold" and an average price target of $2.38. The average 1-year stock price forecast is 59.73% higher than the current stock price, while the lowest is $1.40 (-6.04%) and the highest is $5.00 (+235.57%).
Price Target: $2.38 (+59.73%)
Analyst Consensus: Hold
* Price targets were last updated on Mar 27, 2026.
Analyst Ratings
The average analyst rating for Canopy Growth stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 5 | 5 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bernstein | Bernstein | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 12, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Initiates $2.00 | Buy | Initiates | $2.00 | +34.23% | Mar 27, 2026 |
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Upgrades $1.40 | Buy | Upgrades | $1.40 | -6.04% | Mar 17, 2026 |
| Alliance Global Partners | Alliance Global Partners | Hold Maintains $2.50 → $1.80 | Hold | Maintains | $2.50 → $1.80 | +20.81% | Feb 7, 2026 |
| Roth MKM | Roth MKM | Buy Maintains $8.00 | Buy | Maintains | $8.00 | +436.91% | Dec 17, 2025 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.