Canopy Growth Corporation (CGC)

NASDAQ: CGC · Real-Time Price · USD

1.190

+0.010 (0.85%)

At close: Apr 17, 2025, 4:00 PM

1.200

+0.010 (0.84%)

After-hours: Apr 17, 2025, 7:32 PM EDT

Canopy Growth Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Canopy Growth stock has a target of 2.00, which predicts an increase of 68.07% from the current stock price of 1.19.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$2.00	$2.00	$2.00	$2.00
Change	+68.07%	+68.07%	+68.07%	+68.07%

* Price targets were last updated on Jul 9, 2024.

Analyst Ratings

The average analyst rating for Canopy Growth stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	1	1
Sell	2	2	2	2	1	1
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Pablo Zuanic Zuanic & Associates	Zuanic & Associates	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Mar 27, 2025
Michael Lavery Piper Sandler	Piper Sandler	Sell Maintains $3 → $2	Sell	Maintains	$3 → $2	+68.07%	Jul 9, 2024
Lisa Lewandowski B of A Securities	B of A Securities	Sell Maintains $5.6 → $6.6	Sell	Maintains	$5.6 → $6.6	+454.62%	Sep 15, 2023
John Zamparo CIBC	CIBC	Sell Maintains $18 → $5	Sell	Maintains	$18 → $5	+320.17%	Jun 12, 2023
Michael Lavery Piper Sandler	Piper Sandler	Sell Maintains $20 → $10	Sell	Maintains	$20 → $10	+740.34%	May 2, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

281.22M

from 297.15M

-5.36%

from 297.15M

Revenue Next Year

288.25M

from 281.22M

2.50%

from 281.22M

EPS This Year

-4.16

from -8.79

EPS Next Year

-0.55

from -4.16

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	398.77M	546.65M	475.70M	333.25M	297.15M	281.22M	288.25M	321.88M
Revenue Growth	76.18%	37.08%	-12.98%	-29.95%	-10.84%	-5.36%	2.50%	11.67%
EPS	-37.96	-46.95	-7.92	-70.69	-8.79	-4.16	-0.55	-0.46
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	10	10	5

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	292.5M	317.5M	338.1M
Avg	281.2M	288.3M	321.9M
Low	268.5M	201.9M	301.8M

Revenue Growth

Revenue Growth	2025	2026	2027
High	-1.6%	12.9%	17.3%
Avg	-5.4%	2.5%	11.7%
Low	-9.6%	-28.2%	4.7%

EPS Forecast

EPS	2025	2026	2027
High	-3.81	0.25	-0.30
Avg	-4.16	-0.55	-0.46
Low	-4.48	-1.04	-0.61

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.