Flora Growth Corp. (FLGC)
NASDAQ: FLGC · Real-Time Price · USD
1.900
-0.080 (-4.04%)
At close: Oct 29, 2024, 4:00 PM
1.930
+0.030 (1.58%)
After-hours: Oct 29, 2024, 7:01 PM EDT

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 242.11% from the current stock price of 1.90.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $6.50 $7.00 $7.00
Change +215.79% +242.11% +268.42% +268.42%
* 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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 222222
Buy 000000
Hold 000111
Sell 000000
Strong Sell 000000
Total 222333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Alliance Global Partners
Alliance Global Partners
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Aug 15, 2024
Roth MKM
Roth MKM
Strong Buy
Reiterates
$7$6
Strong Buy Reiterates $7$6 +215.79% May 16, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$1$7
Strong Buy Maintains $1$7 +268.42% Apr 3, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$40$20
Strong Buy Maintains $40$20 +952.63% May 18, 2023
Roth MKM
Roth MKM
Strong Buy
Maintains
$60$40
Strong Buy Maintains $60$40 +2,005.26% Apr 19, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
69.58M
from 76.07M
Decreased by -8.54%
Revenue Next Year
83.43M
from 69.58M
Increased by 19.90%
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
-106.00K8.98M33.40M76.07M69.58M83.43M
Revenue Growth
--8,371.70%271.95%127.75%-8.54%19.90%
EPS
-4.55-9.48-9.67-13.68-7.75-0.490.35
EPS Growth
-------
Forward PE
------5.48
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 72.0M 89.7M
Avg 69.6M 83.4M
Low 66.5M 76.6M

Revenue Growth

Revenue Growth 20242025
High
-5.4%
28.9%
Avg
-8.5%
19.9%
Low
-12.6%
10.1%

EPS Forecast

EPS 20242025
High -0.50 0.36
Avg -0.49 0.35
Low -0.47 0.33

EPS Growth

EPS Growth 20242025
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.