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VRNO Stock Chart & Stats
C$6.32
-C$0.10(-1.30%)
At close: 4:00 PM EDT
C$6.32
-C$0.10(-1.30%)
Day’s Range― - ―
52-Week RangeC$5.82 - C$6.43
Previous CloseN/A
Volume122.22K
Average Volume (3M)0.00
Market Cap
C$2.17B
Enterprise ValueC$2.64K
Total Cash (Recent Filing)C$85.19M
Total Debt (Recent Filing)C$493.68M
Price to Earnings (P/E)―
BetaN/A
Next Earnings
Nov 17, 2026EPS Estimate
-0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.57
Shares Outstanding73,217,970
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$26.78Price Target Upside323.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.55
Revenue Forecast (FY)C$861.60M
Bulls Say, Bears Say
Bulls Say
Vertical Integration & Retail FootprintVerano’s vertically integrated model and owned dispensary network let it capture value across cultivation, manufacturing, branding and retail. Over months this supports margin retention, inventory control and brand presence, making growth and cost management more durable across state markets.
Improving Cash GenerationMaterial and improving operating and free cash flow provides recurring internal funding for store openings, working capital and capex, reducing reliance on external capital. Positive FCF over multiple periods strengthens financial flexibility and supports execution over the next several quarters.
Healthy Gross And EBITDA MarginsSustained gross margins near 46% and positive EBITDA show core product economics and operating leverage in place. With continued cost discipline and scale, these margins provide a realistic pathway to translate operational profitability into improved net results over a multi-quarter horizon.
Bears Say
Persistent Net Losses & Negative ROEDeep, recurring net losses and strongly negative ROE indicate ongoing shareholder-value erosion. Over several quarters this constrains retained capital, weakens returns to equity holders, and limits strategic options absent a sustained move to net profitability or fresh capital.
Revenue Stagnation And Prior DeclinesTop-line stagnation after multi-year declines limits scale benefits and makes margin expansion harder to sustain. Without clear, durable revenue growth across state markets, fixed costs and competitive pricing pressure could prevent translating operational gains into stable, ongoing profit improvement.
Earnings Quality Concerns (non-cash & Volatility)A persistent gap between positive cash flow and negative net income suggests significant non-cash charges or working-capital swings. This complicates earnings quality and forecasting, raising risk of further impairments or adjustments that could erode reported profitability over the medium term.
Verano Holdings News
VRNO FAQ
What was Verano Holdings’s price range in the past 12 months?
Verano Holdings lowest stock price was C$5.82 and its highest was C$6.43 in the past 12 months.
What is Verano Holdings’s market cap?
Verano Holdings’s market cap is C$2.17B.
When is Verano Holdings’s upcoming earnings report date?
Verano Holdings’s upcoming earnings report date is Nov 17, 2026 which is in 97 days.
How were Verano Holdings’s earnings last quarter?
Verano Holdings released its earnings results on Aug 05, 2026. The company reported -C$0.251 earnings per share for the quarter, missing the consensus estimate of -C$0.205 by -C$0.046.
Is Verano Holdings overvalued?
According to Wall Street analysts Verano Holdings’s price is currently Undervalued.
Does Verano Holdings pay dividends?
Verano Holdings does not currently pay dividends.
What is Verano Holdings’s EPS estimate?
Verano Holdings’s EPS estimate is -0.16.
How many shares outstanding does Verano Holdings have?
Verano Holdings has 73,217,970 shares outstanding.
What happened to Verano Holdings’s price movement after its last earnings report?
Verano Holdings reported an EPS of -C$0.251 in its last earnings report, missing expectations of -C$0.205. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Verano Holdings?
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$26.78 (323.78% Upside)
C$26.78 (323.78% Upside)
Blogger Sentiment
Bullish
TSE:VRNO Sentiment 67%
Sector Average ―
Sector Average ―
Crowd Wisdom
Neutral
Last 7 Days ▲ 8.6%
Last 30 Days ▼ 8.8%
Last 30 Days ▼ 8.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
99.00%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-12.49%
Trailing 12-Months
Company Description
Verano Holdings
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
Q2 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$26.78
▲(323.78% Upside)