Cronos Group Inc. (CRON)
NASDAQ: CRON · Real-Time Price · USD
2.010
-0.020 (-0.99%)
At close: Nov 20, 2024, 4:00 PM
2.020
+0.010 (0.50%)
Pre-market: Nov 21, 2024, 7:10 AM 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 49.25% from the current stock price of 2.01.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '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 | +74.13% | May 15, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $2 → $2.5 | Sell | Maintains | $2 → $2.5 | +24.38% | Apr 8, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $1.78 → $2 | Sell | Maintains | $1.78 → $2 | -0.50% | Dec 28, 2023 |
| Barclays | Barclays | Hold Maintains $3.5 → $3 | Hold | Maintains | $3.5 → $3 | +49.25% | May 15, 2023 |
| Bernstein | Bernstein | Hold Initiates $3 | Hold | Initiates | $3 | +49.25% | Nov 2, 2022 |
Financial Forecast
Revenue This Year
113.34M
from 87.24M
Increased by 29.92%
Revenue Next Year
132.52M
from 113.34M
Increased by 16.92%
EPS This Year
-0.11
from -0.19
EPS Next Year
-0.04
from -0.11
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 123.7M | 153.9M | 148.7M | ||
| Avg | 113.3M | 132.5M | 131.4M | ||
| Low | 97.5M | 106.2M | 113.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.8% | 35.8% | 12.2% | ||
| Avg | 29.9% | 16.9% | -0.8% | ||
| Low | 11.7% | -6.3% | -14.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.02 | 0.02 | -0.19 | ||
| Avg | -0.11 | -0.04 | -0.18 | ||
| Low | -0.21 | -0.20 | -0.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.