HEXO Corp (HEXO.CA) Forecast, Price Target & Analyst Ratings

TSX:HEXO • CA4283044069

Current stock price

0.88 CAD
+0.01 (+1.15%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for HEXO Corp (HEXO.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$1.64
+ 86.90% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Dec 14, 2021
Period
Q4 / 2023
EPS Estimate
CA$0.00
Revenue Estimate
26.363M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
46.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$1.64
Upside
+ 86.90%
From current price of CA$0.88 to mean target of CA$1.64, Based on 12 analyst forecasts
Low
CA$1.52
Median
CA$1.66
High
CA$1.79

Price Target Revisions

1 Month
0.00%
3 Months
-27.50%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for HEXO.CA. The average price target is 1.64 CAD. This implies a price increase of 86.9% is expected in the next year compared to the current price of 0.88.
The average price target has been revised downward by 27.5% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

HEXO Current Analyst RatingHEXO Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

HEXO Historical Analyst RatingsHEXO 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
46.67%
HEXO.CA was analyzed by 12 analysts. The buy percentage consensus is at 47. So analysts seem to be rather neutral about HEXO.CA.
In the previous month the buy percentage consensus was at a similar level.
HEXO.CA was analyzed by 12 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
2022-06-16CIBC Capital MarketsDowngrade Underperform
2022-06-16ATB CapitalUpgrade Undeperform
2022-06-16MKM PartnersDowngrade Hold
2022-06-15Alliance Global PartnersDowngrade Neutral
2022-04-13ATB CapitalDowngrade Sector Perform
2022-04-11Jefferies Financial LLC Downgrade Hold
2022-03-21CIBC Capital MarketsDowngrade Underperform
2022-03-18CIBC Capital MarketsMaintains Underperform
2022-03-08Scotiabank CapitalMaintains Sector Perform
2022-03-04ATB CapitalUpgrade Sector Perform
2022-01-27JefferiesDowngrade Hold
2021-12-31MKM PartnersDowngrade Hold
2021-12-15CIBC WMDowngrade Underperform
2021-12-15ATBCapitalDowngrade Underperform
2021-12-15CanaccordFinancialDowngrade Reduce
2021-12-15ATB CapitalDowngrade Underperform
2021-12-15CIBC World MarketsDowngrade Underperform
2021-12-14CIBC CMMaintains Neutral
2021-11-08SbankInitiate Sector Perform
2021-11-01ATB CapitalDowngrade Underperform
2021-11-01BMO Capital MarketsInitiate Market Perform
2021-10-29CIBC World MarketsReiterate Outperform
2021-10-21Alliance Global PartnersDowngrade Buy
2021-10-19CIBC World MarketsMaintains Outperform
2021-09-24CIBC World MarketsReiterate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Dec 14, 2021
Period
Q4 / 2023
EPS Estimate
CA$0.00
Revenue Estimate
26.363M
Revenue Q2Q
-38.09%
EPS Q2Q
100.00%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.39%
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

HEXO.CA is expected to report earnings on 12/14/2021. The consensus EPS estimate for the next earnings is 0 CAD and the consensus revenue estimate is 26.36M CAD.
The next earnings revenue estimate has been revised upward by 0.39% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

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

2020 2021 2022 2023 2024 2025 2026 2030
Revenue
YoY % growth
HEXO.CA revenue by date.HEXO.CA revenue by date.
80.78M
69.92%		123.769M
53.22%		191.103M
54.40%		114.16M
-40.26%		121.78M
6.67%		144.34M
18.53%		158.02M
9.48%		570.22M
EBITDA
YoY % growth
HEXO.CA ebitda by date.HEXO.CA ebitda by date.
-138.54M
-59.96%		-46.434M
66.48%		-196.474M
-323.13%		-4.386M
97.77%		7.648M
274.36%		14.613M
91.07%		25.722M
76.02%		93.872M
EBIT
YoY % growth
HEXO.CA ebit by date.HEXO.CA ebit by date.
-152.12M
-68.78%		-63.182M
58.47%		-246.117M
-289.54%		-78.625M
68.05%		-28.77M
63.41%		-20.53M
28.64%		-4.714M
77.04%		N/A
Operating Margin
HEXO.CA operating margin by date.HEXO.CA operating margin by date.
-188.31%-51.05%-128.79%-68.87%-23.62%-14.22%-2.98%N/A
EPS
YoY % growth
HEXO.CA eps by date.HEXO.CA eps by date.
-674.24
-138.89%		-174.44
74.13%		-380.24
-117.98%		-0.45
99.88%		-0.71
-59.09%		-0.62
12.86%		-0.05
91.77%		N/A

All data in CAD

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

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		0.00
100.00%		-0.18
-104.00%		-0.18
29.38%		-0.17
81.41%		-0.17
Revenue
Q2Q % growth		26.363M
-38.09%		30.001M
-16.13%		29.395M
21.66%		30.456M
41.10%		31.518M
19.55%
EBITDA
Q2Q % growth		-498.78K
96.86%		-125.46K
98.85%		-301.92K
95.96%		6.12K
100.07%		314.16K
162.99%
EBIT
Q2Q % growth		-3.313M
94.94%		-9.537M
50.59%		-9.763M
50.95%		-9.507M
62.29%		-9.25M
-179.25%

All data in CAD

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

HEXO.CA Yearly Revenue VS EstimatesHEXO.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2030 100M 200M 300M 400M 500M
HEXO.CA Yearly EPS VS EstimatesHEXO.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 -200 -400 -600 -800

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
25.96%
EPS Next 5 Year
18.92%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-9.95%
Revenue Next 5 Year
-5.44%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
26.30%
EBIT Next 5 Year
19.30%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

HEXO Corp / HEXO.CA Forecast FAQ

Can you provide the average price target for HEXO Corp stock?

12 analysts have analysed HEXO.CA and the average price target is 1.64 CAD. This implies a price increase of 86.9% is expected in the next year compared to the current price of 0.88.

When does HEXO Corp (HEXO.CA) report earnings?

HEXO Corp (HEXO.CA) will report earnings on 2021-12-14.

Can you provide the consensus estimates for HEXO Corp next earnings?

The consensus EPS estimate for the next earnings of HEXO Corp (HEXO.CA) is 0 CAD and the consensus revenue estimate is 26.36M CAD.

How do analysts rate HEXO Corp (HEXO.CA)?

The consensus rating for HEXO Corp (HEXO.CA) is 46.6667 / 100 . This indicates that analysts generally have a neutral outlook on the stock.