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
Cronos Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Cronos Group stock have an average target of 3.00, with a low estimate of 2.50 and a high estimate of 3.50. The average target predicts an increase of 53.85% from the current stock price of 1.95.
Analyst Consensus: Hold
* Price targets were last updated on May 15, 2024.
Analyst Ratings
The average analyst rating for Cronos Group stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 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 |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Buy Maintains $3 → $3.5 | Buy | Maintains | $3 → $3.5 | +79.49% | May 15, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $2 → $2.5 | Sell | Maintains | $2 → $2.5 | +28.21% | Apr 8, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $1.78 → $2 | Sell | Maintains | $1.78 → $2 | +2.56% | Dec 28, 2023 |
| Barclays | Barclays | Hold Maintains $3.5 → $3 | Hold | Maintains | $3.5 → $3 | +53.85% | May 15, 2023 |
| Bernstein | Bernstein | Hold Initiates $3 | Hold | Initiates | $3 | +53.85% | Nov 2, 2022 |
Financial Forecast
Revenue This Year
118.51M
from 87.24M
Increased by 35.84%
Revenue Next Year
137.07M
from 118.51M
Increased by 15.66%
EPS This Year
-0.11
from -0.19
EPS Next Year
-0.05
from -0.11
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 132.8M | 160.4M | 148.7M | |
| Avg | 118.5M | 137.1M | 131.4M | |
| Low | 97.5M | 106.2M | 113.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 52.2% | 35.4% | 8.5% | |
| Avg | 35.8% | 15.7% | -4.1% | |
| Low | 11.7% | -10.4% | -17.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.02 | 0.02 | -0.19 |
| Avg | -0.11 | -0.05 | -0.18 |
| Low | -0.22 | -0.20 | -0.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.