Canopy Growth Corporation (TSX:WEED)
1.360
+0.030 (2.26%)
Jun 18, 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 $2.33. The average 1-year stock price forecast is 71.32% higher than the current stock price, while the lowest is $1.40 (+2.94%) and the highest is $5.00 (+267.65%).
Price Target: $2.33 (+71.32%)
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 | +47.06% | Mar 27, 2026 |
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Upgrades $1.40 | Buy | Upgrades | $1.40 | +2.94% | Mar 17, 2026 |
| Alliance Global Partners | Alliance Global Partners | Hold Maintains $2.50 → $1.80 | Hold | Maintains | $2.50 → $1.80 | +32.35% | Feb 7, 2026 |
| Roth MKM | Roth MKM | Buy Maintains $8.00 | Buy | Maintains | $8.00 | +488.24% | Dec 17, 2025 |
Financial Forecast
Revenue This Year
345.44M
from 284.60M
Increased by 21.38%
Revenue Next Year
375.12M
from 345.44M
Increased by 8.59%
EPS This Year
-0.09
from -0.54
EPS Next Year
-0.70
from -0.09
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 361.0M | ||
| Avg | 345.4M | ||
| Low | 323.7M |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 26.8% | ||
| Avg | 21.4% | ||
| Low | 13.7% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | -0.09 | ||
| Avg | -0.09 | ||
| Low | -0.09 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | - | ||
| Low | - |