Flora Growth Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Flora Growth stock have an average target of 6.50, with a low estimate of 6.00 and a high estimate of 7.00. The average target predicts an increase of 432.79% from the current stock price of 1.22.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$6.00	$6.50	$7.00	$7.00
Change	+391.80%	+432.79%	+473.77%	+473.77%

* Price targets were last updated on May 16, 2024.

Analyst Ratings

The average analyst rating for Flora Growth stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aaron Grey Alliance Global Partners	Alliance Global Partners	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Aug 15, 2024
Bill Kirk Roth MKM	Roth MKM	Strong Buy Reiterates $7 → $6	Strong Buy	Reiterates	$7 → $6	+391.80%	May 16, 2024
William Kirk Roth MKM	Roth MKM	Strong Buy Maintains $1 → $7	Strong Buy	Maintains	$1 → $7	+473.77%	Apr 3, 2024
Bill Kirk Roth MKM	Roth MKM	Strong Buy Maintains $40 → $20	Strong Buy	Maintains	$40 → $20	+1,539.34%	May 18, 2023
William Kirk Roth MKM	Roth MKM	Strong Buy Maintains $60 → $40	Strong Buy	Maintains	$60 → $40	+3,178.69%	Apr 19, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

69.58M

from 76.07M

-8.54%

from 76.07M

Revenue Next Year

83.43M

from 69.58M

19.90%

from 69.58M

EPS This Year

-0.49

from -7.75

EPS Next Year

0.35

from -0.49

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	106.00K	8.98M	33.40M	76.07M	69.58M	83.43M
Revenue Growth	-	-	8,371.70%	271.95%	127.75%	-8.54%	19.90%
EPS	-4.55	-9.48	-9.67	-13.68	-7.75	-0.49	0.35
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	3.52
No. Analysts	-	-	-	-	-	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	72.0M	89.7M
Avg	69.6M	83.4M
Low	66.5M	76.6M

Revenue Growth

Revenue Growth	2024	2025
High	-5.4%	28.9%
Avg	-8.5%	19.9%
Low	-12.6%	10.1%

EPS Forecast

EPS	2024	2025
High	-0.50	0.36
Avg	-0.49	0.35
Low	-0.47	0.33

EPS Growth

EPS Growth	2024	2025
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.