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Verano Holdings (VRNO)
OTHER OTC:VRNO
VRNO Stock Chart & Stats
$1.12
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Market closed
$1.12
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Day’s Range― - ―
52-Week Range$0.41 - $1.95
Previous CloseN/A
VolumeN/A
Average Volume (3M)603.82K
Market Cap
$1.58B
Enterprise Value$826.15M
Total Cash (Recent Filing)$82.57M
Total Debt (Recent Filing)$501.88M
Price to Earnings (P/E)―
Beta0.48
Next Earnings
May 13, 2026EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.50
Shares Outstanding363,245,500
10 Day Avg. Volume920,879
30 Day Avg. Volume603,817
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 Cap0.52
Enterprise Value/Revenue1.00
Enterprise Value/Gross Profit2.01
Enterprise Value/Ebitda4.05
Forecast
1Y Price Target
$3.86Price Target Upside244.64% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)-0.04
Revenue Forecast (FY)$603.99M
Bulls Say, Bears Say
Bulls Say
Vertical Integration & Multi-channel ModelVerano’s vertically integrated model—cultivation, manufacturing, wholesale and company-operated retail—creates durable margin capture and distribution control. Owning retail outlets preserves full retail margin and diversifies revenue sources, reducing reliance on any single channel.
2025 Operating Rebound And Margin RecoveryA material 2025 revenue rebound with ~51% gross margin and positive operating profit indicates structural improvements in cost control and product mix. Sustained operating profitability provides a foundation to convert future revenue growth into lasting earnings if below-the-line costs are managed.
Positive Operating Cash FlowPositive operating cash flow demonstrates the business currently generates cash from core operations, supporting working capital, production investment and retail operations. This cash generation is a durable buffer versus pure accrual profits and aids near-term operational resilience.
Bears Say
Large Net Losses & Negative ReturnsPersistent large net losses and deeply negative ROE indicate below-the-line costs or financing/one-offs are eroding shareholder value. Over months this weakens equity cushions, limits retained earnings, and raises the bar for sustainable profitability even if operating margins improve.
Thin And Declining Free Cash FlowA steep ~68% decline to minimal free cash flow constrains the company’s ability to fund growth, repay debt, or absorb shocks without external capital. Over a multi-month horizon, weak FCF increases the likelihood of refinancing needs or dilutive financing for expansion.
Rising Leverage And Weakening EquityAn increasing debt-to-equity ratio alongside declining equity reduces financial flexibility in a capital-intensive, regulated industry. Higher leverage heightens refinancing and covenant risk and makes funding new stores or production capacity more costly or dilutive 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 $0.41 and its highest was $1.95 in the past 12 months.
What is Verano Holdings’s market cap?
Verano Holdings’s market cap is $1.58B.
When is Verano Holdings’s upcoming earnings report date?
Verano Holdings’s upcoming earnings report date is May 13, 2026 which is in 51 days.
How were Verano Holdings’s earnings last quarter?
Verano Holdings released its earnings results on Mar 12, 2026. The company reported -$0.5 earnings per share for the quarter, missing the consensus estimate of -$0.058 by -$0.442.
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 -0.04.
How many shares outstanding does Verano Holdings have?
Verano Holdings has 363,245,500 shares outstanding.
What happened to Verano Holdings’s price movement after its last earnings report?
Verano Holdings reported an EPS of -$0.5 in its last earnings report, missing expectations of -$0.058. Following the earnings report the stock price went down -4.464%.
Which hedge fund is a major shareholder of Verano Holdings?
Currently, no hedge funds are holding shares in 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:
$3.86 (244.64% Upside)
$3.86 (244.64% Upside)
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.6%
Last 30 Days ▲ 2.5%
Last 30 Days ▲ 2.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
75.00%
12-Months-Change
Fundamentals
Return on Equity
-30.10%
Trailing 12-Months
Asset Growth
-12.54%
Trailing 12-Months
Company Description
Verano Holdings
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. It offers artisanal cannabis products under the Encore, Avexia, MUV, Savvy, BITS, and Verano brands for medical and adult-use markets. The company is headquartered in Chicago, Illinois.
VRNO Company Deck
VRNO Earnings Call
Q4 2026
0:00 / 0:00
VRNO Stock 12 Month Forecast
Average Price Target
$3.86
▲(244.64% Upside)
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Ownership Overview
9.68% Insiders
<0.01%
Mutual Funds
0.16% Other Institutional Investors
90.13% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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