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
* 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 '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Alliance Global Partners | Alliance Global Partners | Strong Buy → Hold Downgrades n/a | Strong Buy → 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 |
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
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.