Akerna Corp. (KERN)

NASDAQ: KERN · IEX Real-Time Price · USD
0.788
-0.002 (-0.27%)
At close: Mar 24, 2023, 4:00 PM
0.749
-0.039 (-4.99%)
After-hours: Mar 24, 2023, 7:39 PM EDT
-0.27%
Market Cap 4.54M
Revenue (ttm) 13.65M
Net Income (ttm) -80.01M
Shares Out 5.77M
EPS (ttm) -27.33
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 19,997
Open 0.760
Previous Close 0.790
Day's Range 0.751 - 0.800
52-Week Range 0.662 - 29.400
Beta 2.93
Analysts Sell
Price Target 1.02 (+29.46%)
Earnings Date May 8, 2023

About KERN

Akerna Corp. provides enterprise software solutions that enable regulatory compliance and inventory management in United States and Canada. The company offers MJ Platform for the cannabis, hemp, and CBD industry; and Leaf Data Systems, a government regulatory software. It also provides consulting services to cannabis industry; business intelligence, data analytics and other software related services; and Last Call Analytics, a tool for alcohol brands to analyze their retail sales analytics. In addition, the company operates seed-to-sale platfor... [Read more]

Sector Healthcare
Founded 2010
Employees 204
Stock Exchange NASDAQ
Ticker Symbol KERN
Full Company Profile

Financial Performance

In 2022, Akerna's revenue was $13.65 million, a decrease of -22.59% compared to the previous year's $17.63 million. Losses were -$80.01 million, 155.4% more than in 2021.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for KERN stock is "Sell." The 12-month stock price forecast is $1.02, which is an increase of 29.46% from the latest price.

Price Target
$1.02
(29.46% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Akerna Announces Financial Results for Fourth Quarter and Full Year 2022

DENVER, March 21, 2023 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), an emerging technology firm, today reported its unaudited financial results for the fourth quarter, ended December 31, 2022.

5 days ago - GlobeNewsWire

Akerna Provides Update on Recently Announced Transactions

DENVER, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), an emerging technology firm, announces further details and next steps on the recently announced transactions with POSaBIT and Gryphon D...

1 month ago - GlobeNewsWire

Akerna Regains Compliance with NASDAQ Continued Listing Requirements

DENVER, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), an emerging technology firm, today announced that the company has received confirmation from The Nasdaq Stock Market LLC (“Nasdaq”) tha...

1 month ago - GlobeNewsWire

Is the cannabis gold rush over? Moves by Curaleaf, Ayr, Akerna and other companies point to tough times.

Microcap software company Akerna Corp. had high hopes for its role in the cannabis business, but things have gotten so bad it's moving into another troubled industry, cryptocurrencies. This is just on...

Other symbols: CURLF
1 month ago - Market Watch

KERN Stock Alert: Akerna Plans to Merge With Gryphon Digital Mining

Akerna (NASDAQ: KERN) stock is on the move Friday after the company revealed plans to merge with crypto company Gryphon Digital Mining. The merger agreement includes an all-stock transaction.

2 months ago - InvestorPlace

POSaBIT to Acquire MJ Platform, Leaf Data Systems and Ample Organics for US$4 Million Adding 350+ Merchants and More than US$2 Billion in GMV

TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today an...

2 months ago - Business Wire

Akerna Corp. Announces Merger with Gryphon Digital Mining and Sale of Software Business to POSaBIT

Gryphon Digital Mining, a privately held bitcoin mining company, to merge with Akerna in an all-stock transaction that will advance Gryphon's leading ESG-committed, carbon neutral bitcoin mining busin...

2 months ago - GlobeNewsWire

Akerna Corp. Announces Sale of 365 Cannabis

Akerna's sale of 365 Cannabis to 365 Holdco LLC closed today January 11. Akerna received consideration for 365 with an aggregate value of approximately $2.8 million.

2 months ago - GlobeNewsWire

Pass the Pre-Rolls, Please: Thanksgiving Holiday Cannabis Sales See Double-Digit Year-Over-Year Growth

Business intelligence from Akerna (Nasdaq: KERN), a leading enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering...

4 months ago - GlobeNewsWire

Akerna Corp. (KERN) Reports Q3 Loss, Misses Revenue Estimates

Akerna Corp. (KERN) delivered earnings and revenue surprises of -13.33% and 4.20%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Akerna Announces Financial Results for Third Quarter 2022

Software revenue increases 17% for Q3 and 39% for the year-to-date Software revenue increases 17% for Q3 and 39% for the year-to-date

4 months ago - GlobeNewsWire

Akerna Corp. Announces Intent to Effect Reverse Stock Split

DENVER, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), a leading enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem, and compliance engi...

4 months ago - GlobeNewsWire

Akerna to Announce Financial Results for the Third Quarter of 2022 on November 14, 2022

DENVER, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), a leading enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem, and compliance engi...

4 months ago - GlobeNewsWire

Akerna Flash Report: Halloween Weekend Cannabis Sales Total $249.6 Million

Cannabis sales over Halloween weekend were 6% more than last year Cannabis sales over Halloween weekend were 6% more than last year

5 months ago - GlobeNewsWire

Akerna To Participate In LD Micro Main Event XV

Presentation Scheduled for Wednesday, October 26 at 5:00 PM PTLos Angeles, California--(Newsfile Corp. - October 13, 2022) - Akerna (NASDAQ: KERN), a leading enterprise software company and developer ...

5 months ago - Newsfile Corp

Akerna Corp. Announces Pricing of $5.0 Million Private Placement of Convertible Redeemable Preferred Stock

DENVER, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Akerna Corp. (Nasdaq: KERN) (“Akerna” or the “Company”), a leading enterprise software company and developer of one of the most comprehensive technology infra...

6 months ago - GlobeNewsWire

What Is Going on With Akerna (KERN) Stock Today?

Akerna (NASDAQ: KERN), which provides software for the legal cannabis industry, rose over 30% overnight. Speculators believe it can execute a reverse split of KERN stock.

6 months ago - InvestorPlace

Cannabis consumer spending tightens, highlighting importance of brand strength

Consumer spending on cannabis roughly flat YOY over Labor Day weekend, a historic Top 5 Cannabis Spending holiday Consumer spending on cannabis roughly flat YOY over Labor Day weekend, a historic Top ...

6 months ago - GlobeNewsWire

Akerna to Virtually Present at the 24th Annual H.C. Wainwright Global Investment Conference

DENVER, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), a leading enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compl...

7 months ago - GlobeNewsWire

Akerna Corp. (KERN) Reports Q2 Loss, Misses Revenue Estimates

Akerna Corp. (KERN) delivered earnings and revenue surprises of -16.67% and 13.80%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Akerna Announces Financial Results for Second Quarter 2022

Software revenue increases 33% for Q2 and 51% for the year-to-date Software revenue increases 33% for Q2 and 51% for the year-to-date

8 months ago - GlobeNewsWire

Akerna Releases 2022 Cannabis Industry Mid-Year Review

DENVER, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), a leading enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem, and compliance engi...

8 months ago - GlobeNewsWire

Akerna to Announce Financial Results for the Second Quarter of 2022 on August 10, 2022

DENVER, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), a leading enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem, and compliance engi...

8 months ago - GlobeNewsWire

Here's Why Akerna And Clever Leaves Stock Are Skyrocketing Today

Shares of several cannabis stocks, including Akerna Corp (NASDAQ: KERN) and Clever Leaves Holdings Inc (NASDAQ: CLVR), are trading sharply higher Thursday afternoon. Shares of cannabis companies at la...

Other symbols: CLVR
9 months ago - Benzinga

Akerna Flash Report: Fourth of July Weekend Cannabis Sales Total $255.5 Million

At $106.7 million in sales, Friday, July 1st, became the second-highest cannabis sales day this year At $106.7 million in sales, Friday, July 1st, became the second-highest cannabis sales day this yea...

9 months ago - GlobeNewsWire