Flora Growth Corp. (FLGC)
NASDAQ: FLGC · IEX Real-Time Price · USD
1.000
+0.010 (1.01%)
At close: Jul 2, 2024, 4:00 PM
0.976
-0.024 (-2.39%)
After-hours: Jul 2, 2024, 7:05 PM EDT
Flora Growth Stock Forecast
FLGC's stock price has decreased by -60% in the past year and price targets may not have had time to catch up.
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 550.00% from the current stock price of 1.00.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 16, 2024.
Analyst Ratings
The average analyst rating for Flora Growth stock from 2 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $7 → $6 | Strong Buy | Reiterates | $7 → $6 | +500.00% | May 16, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $1 → $7 | Strong Buy | Maintains | $1 → $7 | +600.00% | Apr 3, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $40 → $20 | Strong Buy | Maintains | $40 → $20 | +1,900.00% | May 18, 2023 |
| Roth MKM | Roth MKM | Strong Buy Maintains $60 → $40 | Strong Buy | Maintains | $60 → $40 | +3,900.00% | Apr 19, 2023 |
| Argus Research | Argus Research | Strong Buy Maintains $60 | Strong Buy | Maintains | $60 | +5,900.00% | Feb 1, 2023 |
Financial Forecast
Revenue This Year
79.38M
from 76.07M
Increased by 4.35%
Revenue Next Year
87.60M
from 79.38M
Increased by 10.34%
EPS This Year
-0.31
from -7.75
EPS Next Year
0.31
from -0.31
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 83.4M | 90.7M |
| Avg | 79.4M | 87.6M |
| Low | 74.7M | 83.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.7% | 14.2% |
| Avg | 4.4% | 10.3% |
| Low | -1.9% | 5.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.32 | 0.50 |
| Avg | -0.31 | 0.31 |
| Low | -0.29 | 0.12 |
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.