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Verano Holdings Corp has a consensus price target of $9.33 based on the ratings of 4 analysts. The high is $11 issued by Seaport Global on July 22, 2022. The low is $7 issued by Needham on May 8, 2024. The 3 most-recent analyst ratings were released by Needham on May 8, 2024, March 1, 2024, and November 8, 2023, respectively. With an average price target of $6.67 between Needham, there's an implied 429.10% upside for Verano Holdings Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Verano Holdings (OTCQX:VRNOF) was reported by Needham on May 8, 2024. The analyst firm set a price target for $7.00 expecting VRNOF to rise to within 12 months (a possible 455.56% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Verano Holdings (OTCQX:VRNOF) was provided by Needham, and Verano Holdings reiterated their buy rating.
There is no last upgrade for Verano Holdings
The last downgrade for Verano Holdings Corp happened on July 29, 2022 when Needham changed their price target from N/A to N/A for Verano Holdings Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Verano Holdings, 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 Verano Holdings was filed on May 8, 2024 so you should expect the next rating to be made available sometime around May 8, 2025.
While ratings are subjective and will change, the latest Verano Holdings (VRNOF) rating was a reiterated with a price target of $0.00 to $7.00. The current price Verano Holdings (VRNOF) is trading at is $1.26, which is within the analyst’s predicted range.
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