Canopy Growth Corporation (CGC)
| Market Cap | 1.54B |
| Revenue (ttm) | 412.96M |
| Net Income (ttm) | -239.83M |
| Shares Out | 408.22M |
| EPS (ttm) | -0.59 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,895,644 |
| Open | 3.68 |
| Previous Close | 3.60 |
| Day's Range | 3.59 - 3.79 |
| 52-Week Range | 3.24 - 25.59 |
| Beta | 1.99 |
| Analysts | Sell |
| Price Target | 5.31 (+40.8%) |
| Earnings Date | Aug 5, 2022 |
About CGC
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. It operates through two segments, Global Cannabis and Other Consumer Products. The company's products include dried cannabis flower, extracts and concentrates, beverages, gummies, and vapes. It offers its products under the Tweed, 7ACRES, 7ACRES Craft Collective, DOJA, Ace Valley, Quatreau, Deep Space, First + Fr... [Read more...]
Financial Performance
In 2021, Canopy Growth's revenue was 520.33 million, a decrease of -4.82% compared to the previous year's 546.65 million. Losses were -302.18 million, -82.68% less than in 2020.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for CGC stock is "Sell." The 12-month stock price forecast is 5.31, which is an increase of 40.85% from the latest price.
News
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2 Extremely Concerning Metrics From This Growth Stock's Q4 Results
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This Cannabis Company Is Expecting a "Very Substantial Growth Year" in 2022
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Market Rebound? Not for These 2 Marijuana Stocks
The overall stock market saw big gains.
Why Canopy Growth Stock Is Tanking Today
The Canadian cannabis producer reported disappointing quarterly results.
Canopy Growth Corporation (CGC) Reports Q4 Loss, Lags Revenue Estimates
Canopy Growth Corporation (CGC) delivered earnings and revenue surprises of -75% and 14.87%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Canopy Growth tanks on Q4 results: ‘achieving profitability is critical'
Shares of Canopy Growth Corp (NASDAQ: CGC) are down nearly 20% on Friday after the cannabis company reported its fourth-quarter results that came in shy of Wall Street expectations. Notable figures in C...
Cannabis Stocks ACB, CGC, TLRY Fall as Earnings Disappoint
Cannabis stocks are sinking today after Canopy Growth's Q4 revenue came in below analysts' average outlook. The post Cannabis Stocks ACB, CGC, TLRY Fall as Earnings Disappoint appeared first on Investor...
Cannabis Watch: Canopy Growth shares slide on wider-than-expected loss
Canopy Growth Corp. shares fell sharply on Friday after the cannabis company posted a wider-than-expected loss and said it continues to face headwinds in its core Canadian cannabis business.
Pot producer Canopy Growth posts wider core loss, shares slump
Canopy Growth Corp, on Friday reported a larger adjusted core loss for the fourth quarter, as demand for cannabis fell from COVID-19 lockdown-induced highs, sending shares of the Canadian pot producer a...
Canopy Growth shares drop on wider-than-expected loss
Canopy Growth Corp. CGC, +10.34% WEED, +10.56% shares fell 11% in premarket trades Friday after it said its fourth-quarter loss narrowed to C$574.6 million, or $1.46 a share, from C$700 million, or $1.8...
Canopy Growth Corporation Reports Fourth Quarter and Fiscal year 2022 Financial Results
Company Advances Premium Brand Driven Strategy, Laying a Foundation for Long-Term Sustainable Growth and Profitability SMITHS FALLS, ON , May 27, 2022 /PRNewswire/ - Canopy Growth Corporation ("Canopy G...
Why Canadian Marijuana Stocks Soared Today
No prizes for guessing which country just reported a big leap in weed sales.
Why Canopy Growth (CGC) Might Surprise This Earnings Season
Canopy Growth (CGC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Why Pot Stocks Like Sundial Growers and Curaleaf Were Buzzing Today
Yet another state goes legal with recreational weed.
What's in Store for Canopy Growth (CGC) in Q4 Earnings?
Product launches across the CBD product portfolio and robust demand for legal cannabis products are likely to have driven Canopy Growth's (CGC) Q4 top line.
3 Marijuana Stocks To Buy Before June?
Top Marijuana Stocks To Watch At The End Of May The post 3 Marijuana Stocks To Buy Before June? appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.
Are These The Best Canadian Marijuana Stocks To Buy In 2022?
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Canopy Growth Corporation (CGC) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
Canopy Growth Corporation (CGC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wall Street Analysts Think Canopy Growth Corporation (CGC) Could Surge 55%: Read This Before Placing a Bet
The mean of analysts' price targets for Canopy Growth Corporation (CGC) points to a 54.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement...
Canopy Growth Kicks Off Summer Long Weekends with Exciting New Product Line-Up
Canadian cannabis market leader introduces new offerings across its house of brands – 7ACRES, Ace Valley, Deep Space and Doja SMITHS FALLS, ON , May 20, 2022 /PRNewswire/ - Canopy Growth Corporation ("C...