Canopy Growth Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Canopy Growth stock has a consensus rating of "Hold" and an average price target of $2.02. The average 1-year stock price forecast is 47.45% higher than the current stock price, while the lowest is $0.94 (-31.39%) and the highest is $5.00 (+264.96%).

Price Target: $2.02 (+47.45%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$0.94	$2.02	$1.60	$5.00
Change	-31.39%	+47.45%	+16.79%	+264.96%

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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	1	1	1	1	2
Buy	0	0	1	1	1	0
Hold	5	5	5	5	4	5
Sell	0	0	1	1	1	1
Strong Sell	1	1	0	0	0	0
Total	7	7	8	8	7	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nadine Sarwat Bernstein	Bernstein	Hold Maintains $2.55 → $1.73	Hold	Maintains	$2.55 → $1.73	+26.13%	Jun 25, 2026
Bill Kirk Roth MKM	Roth MKM	Buy Maintains $5.00	Buy	Maintains	$5.00	+264.96%	Jun 20, 2026
Aaron Grey Alliance Global Partners	Alliance Global Partners	Hold Maintains $1.80 → $1.60	Hold	Maintains	$1.80 → $1.60	+16.79%	Jun 16, 2026
Kenric Tyghe Canaccord Genuity	Canaccord Genuity	Buy Initiates $2.00	Buy	Initiates	$2.00	+45.99%	Mar 27, 2026
Frederico Gomes ATB Cormark Capital Markets	ATB Cormark Capital Markets	Buy Upgrades $1.40	Buy	Upgrades	$1.40	+2.19%	Mar 17, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

348.14M

from 284.60M

22.33%

from 284.60M

Revenue Next Year

377.15M

from 348.14M

8.33%

from 348.14M

EPS This Year

-0.15

from -0.54

EPS Next Year

-0.17

from -0.15

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	475.70M	333.25M	297.15M	269.00M	284.60M	348.14M
Revenue Growth	-12.98%	-29.95%	-10.84%	-9.47%	5.80%	22.33%
Gross Profit	-76.30M	16.67M	79.90M	81.50M	79.55M	123.38M
Gross Margin	-16.04%	5.00%	26.89%	30.30%	27.95%	35.44%
Operating Income	-570.27M	-318.48M	-128.95M	-64.40M	-63.23M	-60.11M
Net Income	-310.04M	-3.28B	-693.68M	-508.88M	-262.91M	-123.14M
EPS	-	-	-	-	-0.54	-0.15
Free Cash Flow	-203.60M	-87.03M	63.91M	-202.93M	16.14M	-43.47M
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2027	2028	2029
High	376.5M
Avg	348.1M
Low	323.7M

Revenue Growth

Revenue Growth	2027	2028	2029
High	32.3%
Avg	22.3%
Low	13.7%

EPS Forecast

EPS	2027	2028	2029
High	-0.09
Avg	-0.15
Low	-0.21

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	-
Low	-