GrowGeneration Corp. (GRWG)
NASDAQ: GRWG · IEX Real-Time Price · USD
2.350
-0.110 (-4.47%)
At close: Apr 24, 2024, 4:00 PM
2.370
+0.020 (0.85%)
After-hours: Apr 24, 2024, 7:55 PM EDT
GrowGeneration Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for GrowGeneration stock have an average target of 4.88, with a low estimate of 4.75 and a high estimate of 5.00. The average target predicts an increase of 107.66% from the current stock price of 2.35.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 9, 2023.
Analyst Ratings
The average analyst rating for GrowGeneration 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 20, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +112.77% | Aug 9, 2023 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $4.75 | Hold → Strong Buy | Upgrades | $4.75 | +102.13% | May 10, 2023 |
| Wells Fargo | Wells Fargo | Hold Maintains $3.5 → $4 | Hold | Maintains | $3.5 → $4 | +70.21% | Jan 3, 2023 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy → Hold Downgrades $7 → $4.5 | Strong Buy → Hold | Downgrades | $7 → $4.5 | +91.49% | Aug 5, 2022 |
Financial Forecast
Revenue This Year
213.02M
from 225.88M
Decreased by -5.69%
Revenue Next Year
226.30M
from 213.02M
Increased by 6.23%
EPS This Year
-0.33
from -0.76
EPS Next Year
-0.23
from -0.33
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 224.7M | 247.8M |
| Avg | 213.0M | 226.3M |
| Low | 201.0M | 212.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -0.5% | 16.3% |
| Avg | -5.7% | 6.2% |
| Low | -11.0% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.27 | -0.18 |
| Avg | -0.33 | -0.23 |
| Low | -0.42 | -0.25 |
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.