OrganiGram Holdings Inc. (OGI)

NASDAQ: OGI · IEX Real-Time Price · USD
0.657
+0.059 (9.90%)
Mar 21, 2023, 3:59 PM EDT - Market closed
9.9%
Market Cap 212.67M
Revenue (ttm) 119.36M
Net Income (ttm) -5.75M
Shares Out 325.67M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 28.99
Dividend n/a
Ex-Dividend Date n/a
Volume 1,099,496
Open 0.595
Previous Close 0.598
Day's Range 0.594 - 0.660
52-Week Range 0.594 - 1.870
Beta 1.36
Analysts Buy
Price Target 1.50 (+128.31%)
Earnings Date Apr 11, 2023

About OGI

Organigram Holdings Inc., through its subsidiaries, produces and sells cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including cannabis flowers, cannabis oils, and vaporizers for civilian patients and veterans; adult use recreational cannabis under the Edison Cannabis Co., Trail Blazer, SHRED, SHRED'ems, Big Bag O' Buds, and Monjour brands; and cannabis edibles products and concentrates. The company also engages in the wholesale shipping of cannabis plant cuttings, dried flowers, blends, pre-rolls, and c... [Read more]

Sector Healthcare
Founded 2013
Employees 921
Stock Exchange NASDAQ
Ticker Symbol OGI
Full Company Profile

Financial Performance

In 2022, OGI's revenue was 145.81 million, an increase of 84.19% compared to the previous year's 79.16 million. Losses were -14.28 million, -89.07% less than in 2021.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for OGI stock is "Buy." The 12-month stock price forecast is $1.5, which is an increase of 128.31% from the latest price.

Price Target
$1.5
(128.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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1 day ago - MarijuanaStocks

Organigram Provides Edison JOLTS Product Update

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI; NASDAQ: OGI), announced that it has received notification from Health Canada that Health Canada has determ...

1 week ago - Business Wire

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Organigram Holdings Inc. Announces Election of Directors

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Corporation”) (TSX: OGI) (NASDAQ: OGI) announced today the results of voting at its annual general and special meeting of share...

2 weeks ago - Business Wire

Organigram Revolutionizes Hash with SHRED X Rip-Strip Hash

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce the launch of SHRED X Rip-...

3 weeks ago - Business Wire

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1 month ago - MarijuanaStocks

Cannabis company OrganiGram gets de-listing warning from Nasdaq

Canadian cannabis company OrganiGram Holdings Inc. OGI, +1.36% OGI, +0.83% said Thursday it received notification from the the Nasdaq that it is not in compliance with the minimum bid price requiremen...

1 month ago - Market Watch

Organigram Provides NASDAQ Listing Update

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI; NASDAQ: OGI), today announced that it received notification (the “Notification”) from The Nasdaq Stock M...

1 month ago - Business Wire

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Other symbols: SNDLVFF
2 months ago - MarijuanaStocks

OrganiGram (OGI) Reports Q1 Loss, Misses Revenue Estimates

OrganiGram (OGI) delivered earnings and revenue surprises of 0% and 1.43%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

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2 months ago - MarijuanaStocks

Organigram Reports Record First Quarter Fiscal 2023 Results

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced its results for the first quarter end...

2 months ago - Business Wire

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Other symbols: SNDL
2 months ago - MarijuanaStocks

Organigram to Report First Quarter Fiscal 2023 Results on January 12, 2023

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (together, the “Company” or “Organigram”), a leading licensed producer of cannabis,...

2 months ago - Business Wire

OrganiGram (OGI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

OrganiGram (OGI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

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Organigram Wins KIND Magazine's Cannabis Company of the Year Award and Most Innovative Product of the Year for Edison JOLTS

TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of a leading licensed producer of cannabis (the “Company” or “Organigram”), is pleased to announce it ...

3 months ago - Business Wire