Canopy Gwth (NASDAQ:CGC) Stock Quotes, Forecast and News Summary

Q: What sector and industry does Canopy Gwth (CGC) operate in?

Canopy Gwth is in the Healthcare sector and Drug Manufacturers—Specialty & Generic industry. They are listed on the NASDAQ.

Canopy Gwth Stock (NASDAQ: CGC) stock price, news, charts, stock research, profile.

Open	$3.78
Close	$3.73
Volume / Avg.	4.12M / 4.91M
Day Range	$3.63 - $3.80
52 Wk Range	2.76 - 14.92
Market Cap	$391.95M
P/E Ratio	-
Dividend Yield	-
Exchange	NASDAQ
RSI	37
Short Interest	10.54%
Days to Cover	1.14

Recent News

Canopy Growth Acquisition Target Acreage Reports 30% YoY Decline In Q3, Record Cannabis Wholesale Revenue In NY

Vertically integrated cannabis multi-state operator Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) reported on Thursday its financial results for the third quarter ended Sept. 30, 2024. "In the third quarter, we continued to focus on re-accelerating growth across our core states, including Connecticut, Illinois, and New Jersey, while also executing on the highly anticipated launch of non-medical sales in Ohio," Dennis Curran, the company's CEO, said. "With our strengthened financial position, we have bolstered our capacity to pursue opportunities in these markets as they continue to mature, which is expected to play a pivotal role in driving both revenue generation and improvements in Adjusted EBITDA as we close out 2024."

Jelena Martinovic

Canopy Growth: Q2 Net Revenue Drops 9% YoY, Projects Positive Earnings Ahead

Canopy Growth reported 9% a year-over-year decrease in net revenue to CA$63 million ($45.4 million). Adjusted EBITDA loss was CA$6 million, representing a 54% improvement year-over-year, driven primarily by the realized benefit of the company's cost savings program. Judy Hong, the company's CFO, said "With expected improvement in top-line growth in the second half of the fiscal year and continued cost discipline, we believe we remain on a path to achieve positive Adjusted EBITDA at the consolidated level in the coming quarters."

Jelena Martinovic

Aurora vs. Canopy & Tilray: Which NASDAQ-Listed Cannabis Stock Offers The Best Growth Potential?

Aurora's international medical cannabis business bolstered its results, with European sales doubling quarter-over-quarter.

Nicolás Jose Rodriguez

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Analyst Trends and Forecast

Jul

Buy

Hold

Sell

Strong Sell

Analyst Rating and Forecast

1.5

Strong Sell

Strong Buy

Buy

Hold

Sell

Strong Sell

Open	$3.78
Close	$3.73
Volume / Avg.	4.12M / 4.91M
Day Range	$3.63 - $3.80
52 Wk Range	2.76 - 14.92
Market Cap	$391.95M
P/E Ratio	-
Dividend Yield	-
Exchange	NASDAQ
RSI	37
Short Interest	10.54%
Days to Cover	1.14

Compare

EPS worse than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS worse than industry

FAQ

How do I buy Canopy Gwth (CGC) stock?

You can purchase shares of Canopy Gwth (NASDAQ:CGC) through any online brokerage.

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Who are Canopy Gwth (CGC) competitors?

There are no as such competitors for Canopy Gwth.

What is the forecast, or price target, for Canopy Gwth (CGC) stock?

Canopy Gwth has a consensus price target of $2.55.

What is the current price for Canopy Gwth (CGC)?

The stock price for Canopy Gwth (NASDAQ: CGC) is $3.7201 last updated November 15, 2024 at 7:58 PM EST.

Does Canopy Gwth (CGC) pay a dividend?

There are no upcoming dividends for Canopy Gwth.

When is Canopy Gwth (NASDAQ:CGC) reporting earnings?

Canopy Gwth’s Q3 earnings are confirmed for Friday, February 7, 2025.

Is Canopy Gwth (CGC) going to split?

There is no upcoming split for Canopy Gwth.

What sector and industry does Canopy Gwth (CGC) operate in?

Canopy Gwth is in the Healthcare sector and Drug Manufacturers—Specialty & Generic industry. They are listed on the NASDAQ.

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Canopy Gwth

Canopy Gwth (CGC) Forecast

Canopy Gwth (NASDAQ:CGC) Stock Quotes, Forecast and News Summary

Recent News

Financials

Analyst Trends and Forecast

Analyst Rating and Forecast

Compare

FAQ

How do I buy Canopy Gwth (CGC) stock?

Who are Canopy Gwth (CGC) competitors?

What is the forecast, or price target, for Canopy Gwth (CGC) stock?

What is the current price for Canopy Gwth (CGC)?

Does Canopy Gwth (CGC) pay a dividend?

When is Canopy Gwth (NASDAQ:CGC) reporting earnings?

Is Canopy Gwth (CGC) going to split?

What sector and industry does Canopy Gwth (CGC) operate in?

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