Skip to main content

Akerna Corp. (KERN)

NASDAQ: KERN · IEX Real-Time Price · USD
2.91 -0.10 (-3.32%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap88.39M
Revenue (ttm)16.75M
Net Income (ttm)-29.52M
Shares Out24.53M
EPS (ttm)-1.72
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume240,690
Open3.00
Previous Close3.01
Day's Range2.91 - 3.01
52-Week Range2.17 - 10.44
Beta3.04
AnalystsStrong Buy
Price Target7.83 (+169.1%)
Est. Earnings DateNov 11, 2021

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, an enterprise resource planning compliance system to the cannabis industry, including state-legal marijuana, hemp, and CBD industry; and Leaf Data Systems, a compliance tracking system designed for government agencies. It also provides consulting services to cannabis industry; business intelligence, an infrastructure as a service tool, which delivers supply chain analytics fo...

IndustryProfessional Services
Founded2010
Employees144
Stock ExchangeNASDAQ
Ticker SymbolKERN
Full Company Profile

Financial Performance

In 2020, Akerna's revenue was $12.57 million, an increase of 16.17% compared to the previous year's $10.82 million. Losses were -$15.53 million, 25.2% more than in 2019.

Financial Statements

Analyst Forecast

According to one analyst, the rating for Akerna stock is "Strong Buy" and the 12-month stock price forecast is 7.83.

Price Target
$7.83
(169.07% upside)
Analyst Consensus: Strong Buy

News

Akerna Flash Report: US millennials age 30-40 have spent over $4.7 billion on cannabis in 2021

DENVER, Oct. 14, 2021 /PRNewswire/ -- Business intelligence from Akerna (Nasdaq: KERN), a leading enterprise software company and the developer of the most comprehensive technology infrastructure, ecosy...

1 day ago - PRNewsWire

It's a Done Deal: 365 Cannabis Sold to Akerna

Viridian Capital Advisors, a leading financial advisory firm in the legal cannabis industry, today announced the sale of its client, 365 Cannabis to Akerna (NASDAQ:KERN), a leading cannabis enterprise s...

4 days ago - Benzinga

Akerna Announces $20M Convertible Debt Financing From Existing Institutional Investors

Akerna Corp. (NASDAQ:KERN), a cannabis-focused software company, reported Tuesday it has signed a securities purchase agreement for a $20 million convertible debt financing with existing institutional i...

1 week ago - Benzinga

Existing institutional investors demonstrate confidence with $20 million re-investment in Akerna

DENVER, Oct. 5, 2021 /PRNewswire/ -- Akerna Corp. ("Akerna" and the "Company) (Nasdaq: KERN), a leading enterprise software company, today announced it has entered into a securities purchase agreement f...

1 week ago - PRNewsWire

Akerna Closes $17M Acquisition Of 365 Cannabis, An ERP Built On Microsoft's Dynamics 365 Biz Central

Akerna (NASDAQ:KERN), a software company focused on compliance in the cannabis industry announced it has closed its $17 million acquisition of 365 Cannabis. 365 Cannabis is a cannabis ERP (enterprise re...

1 week ago - Benzinga

Akerna closes $17 million acquisition of 365 Cannabis, built on Microsoft's Dynamics 365 Business Central, offering c...

DENVER, Oct. 4, 2021 /PRNewswire/ -- Akerna (Nasdaq: KERN), a leading enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance gateway...

1 week ago - PRNewsWire

Akerna Acquires 365 Cannabis For $17M, Seeks To Create Most Comprehensive ERP System In Cannabis Industry

Akerna Corp (NASDAQ: KERN), an enterprise software company focused on compliantly serving the cannabis, hemp and CBD industries will acquire 365 Cannabis, a system built on Microsoft (NASDAQ:MSFT)'s Dyn...

4 weeks ago - Benzinga

Akerna To Acquire 365 Cannabis For $17M

Akerna Corp (NASDAQ: KERN) has agreed to acquire 365 Cannabis, a cannabis business management software system built on Microsoft Corp's (NASDAQ: MSFT) Dynamics 365 Business Central, in a $17 million dea...

1 month ago - Benzinga

Akerna to acquire 365 Cannabis, built on Microsoft's Dynamics 365 Business Central, and become the most comprehensive...

DENVER, Sept. 13, 2021 /PRNewswire/ -- Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resou...

1 month ago - PRNewsWire

Akerna Flash Report: Friday of Labor Day weekend brought in $90.1 million in national retail cannabis sales, becoming...

DENVER, Sept. 9, 2021 /PRNewswire/ -- Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry's first see...

1 month ago - PRNewsWire

Akerna Flash Report: Labor Day weekend expected to bring in over $240 million in national retail cannabis sales

DENVER, Aug. 25, 2021 /PRNewswire/ -- Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry's first see...

1 month ago - PRNewsWire

Six Cannabis Stocks With Breaking News This Week

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks and look ahead to how the cannabis industry continues to shape up...

Other symbols:ACBCGCGNLNTLRYVFF
1 month ago - Schaeffers Research

Akerna Launches 'Akerna Connect' – New eCommerce Software Enabling Cannabis Dispensaries To Digitally Reach Customers

Cannabis software company Akerna (NASDAQ:KERN) announced its  new offering on Wednesday – Akerna Connect. The new eCommerce software provides a suite of digital marketing tools to retailers and dispensa...

1 month ago - Benzinga

Akerna announces eCommerce platform, Akerna Connect, enabling cannabis dispensaries to offer online ordering, loyalty...

DENVER, Aug. 18, 2021 /PRNewswire/ -- Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resour...

1 month ago - PRNewsWire

A Week's Worth of Actionable Cannabis Stock News

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks and look ahead to how the cannabis industry continues to shape up...

1 month ago - Schaeffers Research

Akerna CEO Jessica Billingsley's Newest Challenge: Leading The US Cannabis Council

The U.S. Cannabis Council (USCC) announced that Jessica Billingsley, chief executive officer and co-founder of Akerna Corp (NASDAQ:KERN), was unanimously elected as Chair of the Board of the newly forme...

2 months ago - Benzinga

Cannabis Software Firm Akerna Reports Q2 Revenue Of $4.9M, Up By 63% YoY

Cannabis software firm Akerna (NASDAQ:  KERN ) released its financial results Monday for the second quarter of 2021, reporting total revenue of $4.9 million, up by 63% from the same period in 2020. Q2 F...

2 months ago - Benzinga

Akerna Announces Financial Results for the Second Quarter 2021

DENVER, Aug. 9, 2021 /PRNewswire/ -- Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider and developer of the cannabis industry's first seed-to-sale enterprise resource...

2 months ago - PRNewsWire

Your Weekly Hit of Cannabis Stocks on the Move

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks and look ahead to how the cannabis industry continues to shape up...

2 months ago - Schaeffers Research

Akerna Partners With Medicinal Cannabis Authority in Saint Vincent and the Grenadines To Maximize Productivity Of Cou...

Cannabis software firm Akerna (NASDAQ: KERN) reported Thursday that it has formed an exclusive partnership with the Medicinal Cannabis Authority (MCA) in Saint Vincent and the Grenadines (SVG), to provi...

2 months ago - Benzinga

Akerna secures world's first national government cannabis contract with St. Vincent and the Grenadines

World's first nationally adopted cannabis software program will help standardize, simplify, and propel the federally-run medicinal cannabis industry in St. Vincent and the Grenadines DENVER, Aug. 5, 202...

2 months ago - PRNewsWire

US Cannabis Council Elects Akerna CEO, Jessica Billingsley, as Board Chair

DENVER, Aug. 4, 2021 /PRNewswire/ -- Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resourc...

2 months ago - PRNewsWire

Akerna to Announce Financial Results for the Second Quarter 2021 Ended June 30, 2021

DENVER, Aug. 3, 2021 /PRNewswire/ -- Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider and developer of the cannabis industry's first seed-to-sale enterprise resource...

2 months ago - PRNewsWire

5 Blazing Buy-Rated Stocks Under $10 With Gigantic Upside Potential

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Other symbols:INFIISPAYOVKTX
2 months ago - 24/7 Wall Street

Akerna Releases 2021 Cannabis Industry Mid-Year Review

DENVER, July 21, 2021 /PRNewswire/ -- Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resour...

2 months ago - PRNewsWire