Verano Holdings Corp. (TSE:VRNO)
OTHER OTC:VRNO
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VRNO Stock Chart & Stats
C$6.32
C$0.40(6.76%)
At close: 4:00 PM EDT
C$6.32
C$0.40(6.76%)
Day’s Range― - ―
52-Week RangeC$5.82 - C$6.43
Previous CloseN/A
Volume61.98K
Average Volume (3M)0.00
Market Cap
C$2.17B
Enterprise ValueC$853.69M
Total Cash (Recent Filing)C$74.08M
Total Debt (Recent Filing)C$496.70M
Price to Earnings (P/E)―
BetaN/A
Next Earnings
Aug 11, 2026EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.73
Shares Outstanding364,381,800
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.65
Price to Sales (P/S)0.55
P/FCF Ratio38.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$5.53Price Target Upside-12.46% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)-0.06
Revenue Forecast (FY)C$840.62M
Bulls Say, Bears Say
Bulls Say
Vertical Integration And Diversified ChannelsVerano’s vertically integrated model — cultivation, manufacturing, wholesale and company-owned retail — supports durable margin capture and supply security. Owning retail and wholesale channels lets Verano place in-house SKUs across formats, reducing vendor dependence and aiding long-term margin and assortment control.
Solid Core Gross And EBITDA MarginsSustained ~49% gross and ~24% EBITDA margins indicate structural operating efficiency in cultivation and manufacturing. These margins provide a cushion to absorb regional price variability and support reinvestment in product development and retail operations, underpinning longer-term profitability potential if scale and revenue recover.
Positive Operating And Free Cash FlowConsistent positive operating and free cash flow provides financial flexibility for operations, capex, and selective M&A without sole reliance on equity markets. Real cash generation supports working capital and strategic investments, improving resilience versus peers who remain cash burn dependent.
Bears Say
Sharp TTM Revenue DeclineA ~61% TTM revenue decline denotes meaningful loss of scale and market share that erodes unit economics and makes fixed-cost absorption harder. Sustained top-line contraction undermines retail and wholesale growth strategies and raises pressure on store-level profitability and return on growth investments.
Persistent Net Losses And Weak Shareholder ReturnsDeep net losses and ~-30% ROE show the company is destroying shareholder value and cannot yet convert operating strength into bottom-line profits. This persistent unprofitability limits retained earnings, heightens dilution risk, and constrains capacity to fund expansion or weather regulatory/legal headwinds without external capital.
Cash Generation Insufficient To Cover Accounting LossesWhile cash flow is positive, coverage of accounting losses at ~0.58x means cash does not fully offset reported deficits. Over months this gap can require additional financing or cost cuts, reducing strategic optionality and increasing vulnerability if revenue recovery stalls or capital markets tighten.
Verano Holdings News
VRNO FAQ
What was Verano Holdings Corp.’s price range in the past 12 months?
Verano Holdings Corp. lowest stock price was C$5.82 and its highest was C$6.43 in the past 12 months.
What is Verano Holdings Corp.’s market cap?
Verano Holdings Corp.’s market cap is C$2.17B.
When is Verano Holdings Corp.’s upcoming earnings report date?
Verano Holdings Corp.’s upcoming earnings report date is Aug 11, 2026 which is in 63 days.
How were Verano Holdings Corp.’s earnings last quarter?
Verano Holdings Corp. released its earnings results on Apr 30, 2026. The company reported -C$0.069 earnings per share for the quarter, missing the consensus estimate of -C$0.048 by -C$0.021.
Is Verano Holdings Corp. overvalued?
According to Wall Street analysts Verano Holdings Corp.’s price is currently Overvalued.
Does Verano Holdings Corp. pay dividends?
Verano Holdings Corp. does not currently pay dividends.
What is Verano Holdings Corp.’s EPS estimate?
Verano Holdings Corp.’s EPS estimate is -0.04.
How many shares outstanding does Verano Holdings Corp. have?
Verano Holdings Corp. has 364,381,800 shares outstanding.
What happened to Verano Holdings Corp.’s price movement after its last earnings report?
Verano Holdings Corp. reported an EPS of -C$0.069 in its last earnings report, missing expectations of -C$0.048. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Verano Holdings Corp.?
Currently, no hedge funds are holding shares in TSE:VRNO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Verano Holdings Stock Smart Score
Outperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
C$5.53 (-12.46% Downside)
C$5.53 (-12.46% Downside)
Blogger Sentiment
Bullish
TSE:VRNO Sentiment 70%
Sector Average ―
Sector Average ―
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 5.4%
Last 30 Days ▲ 5.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
121.17%
12-Months-Change
Fundamentals
Return on Equity
-33.23%
Trailing 12-Months
Asset Growth
-13.24%
Trailing 12-Months
Company Description
Verano Holdings Corp.
Verano Holdings Corp. functions as a vertically integrated, multi-state cannabis enterprise throughout the United States. Its operations span the complete cannabis supply chain, from growing and manufacturing to wholesale and direct-to-consumer sales, across a broad geographic range. This includes Arizona, Arkansas, California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. The company provides a variety of artisanal cannabis products, sold under prominent brands such as Encore, Avexia, MUV, Savvy, BITS, and Verano, to cater to both medical and adult-use markets. Its headquarters are located in Chicago, Illinois.
VRNO Company Deck
VRNO Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong retail growth and improved margins due to cost management and efficiency efforts. However, significant challenges remain with declining wholesale revenue, increased net loss, and ongoing market pressures.View all TSE:VRNO earnings summariesVRNO Stock 12 Month Forecast
Average Price Target
C$5.53
▼(-12.46% Downside)
Technical Analysis
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Options Prices
Currently, No data available
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