Canopy Growth Corporation (CGC)
NASDAQ: CGC · Real-Time Price · USD
1.090
-0.030 (-2.68%)
At close: May 29, 2026, 4:00 PM EDT
1.080
-0.010 (-0.90%)
After-hours: May 29, 2026, 6:59 PM EDT
Canopy Growth Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Canopy Growth stock have an average target of $1.78, which predicts a 63.30% increase from the current stock price of 1.09.
Price Target: $1.78 (+63.30%)
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 $1.45 | Buy | Initiates | $1.45 | +32.71% | Mar 27, 2026 |
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Upgrades $1.01 | Buy | Upgrades | $1.01 | -7.11% | Mar 17, 2026 |
| Alliance Global Partners | Alliance Global Partners | Hold Maintains $2.5 → $1.3 | Hold | Maintains | $2.5 → $1.3 | +19.44% | Feb 7, 2026 |
| Roth MKM | Roth MKM | Buy Maintains $5.79 | Buy | Maintains | $5.79 | +430.82% | Dec 17, 2025 |
Financial Forecast
Revenue This Year
291.24M
from 269.00M
Increased by 8.27%
Revenue Next Year
336.92M
from 291.24M
Increased by 15.68%
EPS This Year
-0.48
from -5.56
EPS Next Year
-0.28
from -0.48
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 306.6M | 387.9M | |||||
| Avg | 291.2M | 336.9M | |||||
| Low | 270.0M | 281.1M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 14.0% | 33.2% | |||||
| Avg | 8.3% | 15.7% | |||||
| Low | 0.4% | -3.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.34 | -0.06 | |
| Avg | -0.48 | -0.28 | |
| Low | -0.55 | -0.56 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| Low | - | - |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.