cbdMD, Inc. (YCBD)
NYSEAMERICAN: YCBD · IEX Real-Time Price · USD
0.560
-0.020 (-3.45%)
Jul 2, 2024, 4:00 PM EDT - Market closed
cbdMD Stock Forecast
YCBD's stock price has decreased by -60.84% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 1 analyst with a 12-month price forecast for cbdMD stock has a target of 3.00, which predicts an increase of 435.71% from the current stock price of 0.56.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 5, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for cbdMD is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Strong Buy Initiates $3 | Strong Buy | Initiates | $3 | +435.71% | Oct 5, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 18, 2021 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Feb 3, 2021 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jan 29, 2021 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Aug 13, 2020 |
Financial Forecast
Revenue This Year
20.13M
from 24.16M
Decreased by -16.68%
Revenue Next Year
22.02M
from 20.13M
Increased by 9.38%
EPS This Year
-3.25
from -13.32
EPS Next Year
-0.85
from -3.25
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 20.7M | 22.7M |
| Avg | 20.1M | 22.0M |
| Low | 19.3M | 21.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -14.2% | 12.6% |
| Avg | -16.7% | 9.4% |
| Low | -19.9% | 5.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -3.35 | -0.87 |
| Avg | -3.25 | -0.85 |
| Low | -3.13 | -0.81 |
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.