CANOPY GROWTH CORP (CGC) Forecast, Price Target & Analyst Ratings

NASDAQ:CGC • CA1380357048

Current stock price

1.11 USD
+0.02 (+1.83%)
At close:
1.1077 USD
0 (-0.21%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CANOPY GROWTH CORP (CGC).

Forecast Snapshot

Consensus Price Target

Price Target
$1.73
+ 56.14% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 28, 2026
Period
Q4 / 2026
EPS Estimate
-CA$0.12
Revenue Estimate
76.245M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
47.69%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$1.73
Upside
+ 56.14%
From current price of $1.11 to mean target of $1.73, Based on 13 analyst forecasts
Low
$1.02
Median
$1.32
High
$3.78

Price Target Revisions

1 Month
-4.11%
3 Months
-31.03%

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for CGC. The average price target is 1.73 USD. This implies a price increase of 56.14% is expected in the next year compared to the current price of 1.11.
The average price target has been revised downward by 31.03% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CGC Current Analyst RatingCGC Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

CGC Historical Analyst RatingsCGC Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
47.69%
CGC was analyzed by 13 analysts. The buy percentage consensus is at 48. So analysts seem to be rather neutral about CGC.
In the previous month the buy percentage consensus was at a similar level.
CGC was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-11-10BenchmarkUpgrade Sell -> Hold
2025-03-27Zuanic & AssociatesInitiate Neutral
2024-07-09Piper SandlerMaintains Underweight -> Underweight
2023-09-15B of A SecuritiesMaintains Underperform -> Underperform
2023-06-12CIBCMaintains Underperformer
2023-05-02Piper SandlerMaintains Underweight
2023-02-17Cantor FitzgeraldMaintains Neutral
2022-11-07Cantor FitzgeraldMaintains Neutral
2022-11-02BernsteinInitiate Underperform
2022-10-26Cantor FitzgeraldMaintains Neutral
2022-09-30BarclaysMaintains Underweight
2022-08-08Piper SandlerMaintains Underweight
2022-06-30Piper SandlerMaintains Underweight
2022-06-08BarclaysMaintains Underweight
2022-05-31Piper SandlerMaintains Underweight
2022-03-01BarclaysMaintains Equal-Weight
2022-02-18Cantor FitzgeraldMaintains Neutral
2021-12-22B of A SecuritiesDowngrade Neutral -> Underperform
2021-12-20Piper SandlerDowngrade Neutral -> Underweight
2021-12-07Wells FargoInitiate Underweight
2021-11-18BarclaysInitiate Equal-Weight
2021-11-08Cowen & Co.Downgrade Outperform -> Market Perform
2021-08-09Stifel NicolausDowngrade
2021-08-09CIBC World MarketsDowngrade Neutral
2021-08-06CIBC World MarketsInitiate Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 28, 2026
Period
Q4 / 2026
EPS Estimate
-CA$0.12
Revenue Estimate
76.245M
Revenue Q2Q
-2.23%
EPS Q2Q
91.77%
Number of Analysts
6

Next Earnings Revisions

Revenue (1 Month)
-0.07%
Revenue (3 Months)
4.07%
EPS (1 Month)
-21.09%
EPS (3 Months)
-196.68%

Next Earnings Summary

CGC is expected to report earnings on 5/28/2026. The consensus EPS estimate for the next earnings is -0.12 USD and the consensus revenue estimate is 76.25M USD.
The next earnings revenue estimate has been revised upward by 4.07% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2032

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
Revenue
YoY % growth
CGC revenue by date.CGC revenue by date.
402.9M
-21.05%		297.146M
-26.25%		268.995M
-9.47%		291.24M
8.27%		336.92M
15.68%		363.79M
7.98%		427.35M
17.47%		465.68M
8.97%		506.64M
8.80%		548.12M
8.19%
EBITDA
YoY % growth
CGC ebitda by date.CGC ebitda by date.
-507.08M
16.73%		-110.537M
78.20%		-40.801M
63.09%		-18.947M
53.56%		2.417M
112.76%		27.915M
1,054.94%		62.517M
123.95%		92.607M
48.13%		111.82M
20.75%		132.86M
18.82%
EBIT
YoY % growth
CGC ebit by date.CGC ebit by date.
-591.6M
18.22%		-163.713M
72.33%		-83.919M
48.74%		-79.667M
5.07%		-51.669M
35.14%		-33.346M
35.46%		-24.401M
26.83%		-10.273M
57.90%		126.61M
1,332.51%		N/A
Operating Margin
CGC operating margin by date.CGC operating margin by date.
-146.84%-55.10%-31.20%-27.35%-15.34%-9.17%-5.71%-2.21%24.99%N/A
EPS
YoY % growth
CGC eps by date.CGC eps by date.
-31.80
-241.94%		-8.65
72.80%		-5.66
34.57%		-0.44
92.17%		-0.18
58.74%		-0.15
16.36%		-0.61
-300.93%		0.21
134.09%		0.41
95.17%		N/A

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		-0.12
91.77%		-0.15
30.45%		-0.13
-1,226.00%		-0.15
15.00%		-0.14
-17.97%
Revenue
Q2Q % growth		76.245M
-2.23%		84.761M
17.50%		84.205M
26.28%		91.711M
23.03%		91.046M
19.41%
EBITDA
Q2Q % growth		-2.066M
-105.75%		-1.462M
82.15%		-1.513M
-135.63%		4.436M
-69.86%		4.193M
303.00%
EBIT
Q2Q % growth		-22.44M
-212.49%		-17.036M
4.61%		-14.358M
2.13%		-14.442M
-10.24%		-13.844M
38.30%

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CGC Yearly Revenue VS EstimatesCGC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 100M 200M 300M 400M 500M
CGC Yearly EPS VS EstimatesCGC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 -20 -40 -60

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
25.42%
EPS Next 5 Year
15.29%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
8.96%
Revenue Next 5 Year
10.61%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
30.35%
EBIT Next 5 Year
22.09%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CANOPY GROWTH CORP / CGC Forecast FAQ

Can you provide the average price target for CANOPY GROWTH CORP stock?

13 analysts have analysed CGC and the average price target is 1.73 USD. This implies a price increase of 56.14% is expected in the next year compared to the current price of 1.11.

When does CANOPY GROWTH CORP (CGC) report earnings?

CANOPY GROWTH CORP (CGC) will report earnings on 2026-05-28, after the market close.

Can you provide the consensus estimates for CANOPY GROWTH CORP next earnings?

The consensus EPS estimate for the next earnings of CANOPY GROWTH CORP (CGC) is -0.12 USD and the consensus revenue estimate is 76.25M USD.

What is the expected long term growth rate for CGC stock?

The expected long term growth rate for CANOPY GROWTH CORP (CGC) is 8.96%.