Cronos Group Inc. (CRON)

NASDAQ: CRON · Real-Time Price · USD
1.950
+0.080 (4.28%)
At close: Dec 20, 2024, 4:00 PM
1.910
-0.040 (-2.05%)
After-hours: Dec 20, 2024, 7:14 PM EST
4.28%
Market Cap 742.12M
Revenue (ttm) 111.23M
Net Income (ttm) -47.44M
Shares Out 382.29M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,898,349
Open 1.860
Previous Close 1.870
Day's Range 1.860 - 1.970
52-Week Range 1.860 - 3.140
Beta 1.01
Analysts Hold
Price Target 3.00 (+53.85%)
Earnings Date Nov 12, 2024

About CRON

Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada. [Read more]

Sector Healthcare
Founded 2012
Employees 356
Stock Exchange NASDAQ
Ticker Symbol CRON
Full Company Profile

Financial Performance

In 2023, Cronos Group's revenue was $87.24 million, an increase of 0.57% compared to the previous year's $86.75 million. Losses were -$73.96 million, -56.17% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CRON stock is "Hold." The 12-month stock price forecast is $3.0, which is an increase of 53.85% from the latest price.

Price Target
$3.0
(53.85% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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5 weeks ago - Market Watch

Cronos Group Inc. (CRON) Q3 2024 Earnings Call Transcript

Cronos Group Inc. (NASDAQ:CRON) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Anna Shlimak - Chief Strategy Officer Mike Gorenstein - Chairman, President and CEO ...

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Cronos Group Inc. to Hold 2024 Third Quarter Earnings Conference Call on November 12, 2024

TORONTO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 third quarter earnings conference call on Tuesday, November 12, 2...

7 weeks ago - GlobeNewsWire

Spinach® Is the Number One Cannabis Brand in Canada

TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, is proud to announce that its award-winning brand Spinach®...

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Buy Cronos Stock Before It Surges Higher

Initiating coverage on Cronos stock with a "Strong Buy" rating. Cannabis industry tailwinds, conservative growth approach, and geographic expansion support Cronos' growth acceleration and EBITDA margi...

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Cronos Group Inc. (CRON) Q2 2024 Earnings Call Transcript

Cronos Group Inc. (NASDAQ:CRON) Q2 2024 Results Conference Call August 8, 2024 8:30 AM ET Company Participants Shayne Laidlaw - IR Mike Gorenstein - Chairman, President and CEO James Holm - CFO Confe...

4 months ago - Seeking Alpha

Cronos Group Reports 2024 Second Quarter Results

Net revenue in Q2 2024 increased by 46% year-over-year to $27.8 million Industry-leading balance sheet with $848 million in cash and cash equivalents Announced expansion of Cronos GrowCo designed to f...

4 months ago - GlobeNewsWire

How the head of cannabis company Cronos dealt with a negative report from indicted short seller Andrew Left

Cronos Group's Chief Executive Mike Gorenstein was giving a tour of one of the company's cannabis growing facilities in 2018 when he heard that his company's stock was down sharply.

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Cronos Group Inc. to Hold 2024 Second Quarter Earnings Conference Call on August 8, 2024

TORONTO, July 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 second quarter earnings conference call on Thursday, August 8, 20...

5 months ago - GlobeNewsWire

Cronos Group Inc. Announces Results of Reconvened 2024 Annual Meeting of Shareholders

TORONTO, July 22, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announces that at its Annual Meeting of Shareholders (the “Meeting”) reconvened July...

5 months ago - GlobeNewsWire