Canopy Growth Corporation (CGC)

NASDAQ: CGC · IEX Real-Time Price · USD
3.77
+0.17 (4.72%)
Jun 24, 2022 4:00 PM EDT - Market closed
4.72%
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...]

Industry Pharmaceuticals
CEO Bruce Linton
Employees 3,151
Stock Exchange NASDAQ
Ticker Symbol CGC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$5.31
(40.85% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Are Canadian Marijuana Stocks A Buy Right Now? 3 With Fresh Lows This Week

Canadian Pot Stocks For Short Term Trading In June The post Are Canadian Marijuana Stocks A Buy Right Now? 3 With Fresh Lows This Week appeared first on Marijuana Stocks | Cannabis Investments and News....

Other symbols: CRONTLRY

Here's Why Tilray and Canopy Growth Jumped Tuesday but Hexo Crashed

Tilray just greatly improved the terms for its previously announced investment in Hexo.

Other symbols: HEXOTLRY

Top Canadian Marijuana Stocks On The Nasdaq In June

Is It Time For Active Traders To Buy Canadian Pot Stocks? The post Top Canadian Marijuana Stocks On The Nasdaq In June appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budd...

Other symbols: HEXOOGI

2 Extremely Concerning Metrics From This Growth Stock's Q4 Results

Until it fixes both of these issues, it's unlikely the business will post a profit.

This Cannabis Company Is Expecting a "Very Substantial Growth Year" in 2022

Curaleaf will likely experience even more growth in the years ahead.

Other symbols: CURLFGTBIFTLRY

Top Canadian Marijuana Stocks To Watch In June 2022

Canadian Pot Stocks For June 2022 The post Top Canadian Marijuana Stocks To Watch In June 2022 appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

Other symbols: ACBTLRY

Cannabis CEOs ‘tempered the enthusiasm' around weed legalization, analyst says

Cowen Managing Director and Senior Research Analyst Vivien Azer joins Yahoo Finance Live anchors Brian Cheung and Akiko Fujita to discuss the outlook for the cannabis industry as weed stocks decline.

Other symbols: ACBCRONMJTLRY

Market Rebound? Not for These 2 Marijuana Stocks

The overall stock market saw big gains.

Other symbols: ACB

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...

Other symbols: TLRYACB

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.

Other symbols: HEXOSNDLTLRY

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.

Other symbols: CURLFSNDLACB

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.™.

Other symbols: HITISNDL

Are These The Best Canadian Marijuana Stocks To Buy In 2022?

Are You Ready To Buy Canadian Marijuana Stocks? The post Are These The Best Canadian Marijuana Stocks To Buy In 2022? appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Buddi...

Other symbols: CRONOGI

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...