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Canopy Growth (CGC)
NASDAQ:CGC
Holding CGC?
Track your performance easily
See the Price Targets and Ratings of:
CGC Analyst Ratings
Moderate Sell
0 Buy
2 Hold
2 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
CGC Stock 12 Month Forecast
Average Price Target
$5.06
▲(4.55% Upside)
| Highest Price Target$7.36 | Average Price Target$5.06 | Lowest Price Target$2.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Alliance Global Partners
Reiterated
08/10/24
Bank of America Securities
Reiterated
08/09/24
Piper Sandler
Reiterated
07/09/24
ATB Capital Markets
Initiated
06/18/24
Jefferies
$3.61→$7.82
Hold
61.64%
Upside
Reiterated
06/11/24
Canopy Growth (CGC) Receives a Hold from Jefferies
CIBC
$2.94
Hold
-39.18%
Downside
Reiterated
05/31/24
Analysts Conflicted on These Healthcare Names: Cytokinetics (NASDAQ: CYTK) and Canopy Growth (NASDAQ: CGC)
Roth MKM
$14.72
Buy
204.11%
Upside
Reiterated
05/31/24
Canopy Growth's Strategic Positioning and Market Potential Propel Positive Analyst Outlook
Benchmark Co.
―
Sell
―
Reiterated
11/13/23
Canopy Growths cash burn raises analyst concernsIts adjusted free cash flow deficit now amounts to 96% of revenue in a sign of critical cost management issues, Hickey said.
Canaccord Genuity
$3.68
Sell
-23.97%
Downside
Reiterated
11/09/23
Analysts Conflicted on These Healthcare Names: Trulieve Cannabis (Other OTC: TCNNF), Rallybio (NASDAQ: RLYB) and Canopy Growth (NASDAQ: CGC)
―
Bernstein
―
Hold
―
Reiterated
08/09/24
Best Analysts Covering Canopy Growth
Which Analyst Should I Follow If I Want to Buy CGC and Sell After:
1 Month
xxx
Success Rate
12/16 ratings generated profit
Average Return
+6.49%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 75.00% of your transactions generating a profit, with an average return of +6.49% per trade.
3 Months
xxx
Success Rate
12/16 ratings generated profit
Average Return
+5.86%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 75.00% of your transactions generating a profit, with an average return of +5.86% per trade.
1 Year
Success Rate
13/16 ratings generated profit
Average Return
+26.34%
reiterated a sell rating last month
Copying Lisa Lewandowski's trades and holding each position for 1 Year would result in 81.25% of your transactions generating a profit, with an average return of +26.34% per trade.
2 Years
xxx
Success Rate
13/16 ratings generated profit
Average Return
+31.79%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 81.25% of your transactions generating a profit, with an average return of +31.79% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
CGC Analyst Recommendation Trends
Rating
Feb 24
May 24
Jun 24
Jul 24
Aug 24
Strong Buy
0
1
1
1
0
Buy
0
0
0
0
0
Hold
7
9
8
6
4
Sell
3
4
5
3
2
Strong Sell
0
1
1
2
1
total
10
15
15
12
7
Each month's total comprises the sum of three months' worth of ratings.
CGC Financial Forecast
CGC Stock Forecast FAQ
What is CGC’s average 12-month price target, according to analysts?
Based on analyst ratings, Canopy Growth’s 12-month average price target is $5.06.
What is CGC’s upside potential, based on the analysts’ average price target?
Canopy Growth has 4.55% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is CGC a Buy, Sell or Hold?
Canopy Growth has a consensus rating of Moderate Sell which is based on 0 buy ratings, 2 hold ratings and 2 sell ratings.
What is Canopy Growth’s price target?
The average price target for Canopy Growth is $5.06. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $7.36 ,the lowest forecast is $2.00. The average price target represents 4.55% Increase from the current price of $4.84.
The highest analyst price target is $7.36 ,the lowest forecast is $2.00. The average price target represents 4.55% Increase from the current price of $4.84.
What do analysts say about Canopy Growth?
Canopy Growth’s analyst rating consensus is a Moderate Sell. This is based on the ratings of 4 Wall Streets Analysts.
How can I buy shares of CGC?
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