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Cresco Labs Inc has a consensus price target of $5.55 based on the ratings of 7 analysts. The high is $14.25 issued by Cantor Fitzgerald on February 24, 2023. The low is $2 issued by Roth MKM on March 14, 2024. The 3 most-recent analyst ratings were released by Wedbush, Roth MKM, and Wedbush on May 16, 2024, March 14, 2024, and March 20, 2023, respectively. With an average price target of $2.33 between Wedbush, Roth MKM, and Wedbush, there's an implied 114.07% upside for Cresco Labs Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cresco Labs (OTCQX:CRLBF) was reported by Needham on August 12, 2024. The analyst firm set a price target for $0.00 expecting CRLBF to fall to within 12 months (a possible -100.00% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Cresco Labs (OTCQX:CRLBF) was provided by Needham, and Cresco Labs reiterated their hold rating.
There is no last upgrade for Cresco Labs
The last downgrade for Cresco Labs Inc happened on December 20, 2022 when Cowen & Co. changed their price target from $7 to $2.5 for Cresco Labs Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cresco Labs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cresco Labs was filed on August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.
While ratings are subjective and will change, the latest Cresco Labs (CRLBF) rating was a reiterated with a price target of $0.00 to $0.00. The current price Cresco Labs (CRLBF) is trading at is $1.09, which is out of the analyst’s predicted range.
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