Cronos Group Inc. (CRON)
NASDAQ: CRON · IEX Real-Time Price · USD
2.480
+0.010 (0.40%)
At close: Apr 24, 2024, 4:00 PM
2.462
-0.018 (-0.73%)
After-hours: Apr 24, 2024, 7:52 PM EDT
Cronos Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Cronos Group stock have an average target of 2.75, with a low estimate of 2.50 and a high estimate of 3.00. The average target predicts an increase of 10.89% from the current stock price of 2.48.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for Cronos Group 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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 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 |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell Maintains $2 → $2.5 | Sell | Maintains | $2 → $2.5 | +0.81% | Apr 8, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $1.78 → $2 | Sell | Maintains | $1.78 → $2 | -19.35% | Dec 28, 2023 |
| Barclays | Barclays | Hold Maintains $3.5 → $3 | Hold | Maintains | $3.5 → $3 | +20.97% | May 15, 2023 |
| Bernstein | Bernstein | Hold Initiates $3 | Hold | Initiates | $3 | +20.97% | Nov 2, 2022 |
| Barclays | Barclays | Hold Maintains $5 → $3.5 | Hold | Maintains | $5 → $3.5 | +41.13% | Sep 30, 2022 |
Financial Forecast
Revenue This Year
103.16M
from 87.24M
Increased by 18.25%
Revenue Next Year
122.22M
from 103.16M
Increased by 18.48%
EPS This Year
-0.09
from -0.19
EPS Next Year
-0.13
from -0.09
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 110.3M | 148.8M | 166.4M | 158.1M | 166.4M |
| Avg | 103.2M | 122.2M | 139.8M | 147.6M | 161.7M |
| Low | 96.0M | 105.4M | 113.3M | 136.0M | 155.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.5% | 44.2% | 36.2% | 13.1% | 12.8% |
| Avg | 18.2% | 18.5% | 14.4% | 5.6% | 9.5% |
| Low | 10.1% | 2.1% | -7.3% | -2.7% | 5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.02 | -0.14 | -0.09 | -0.06 | -0.04 |
| Avg | -0.09 | -0.13 | -0.09 | -0.06 | -0.04 |
| Low | -0.21 | -0.13 | -0.09 | -0.06 | -0.04 |
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.