S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
'Knock at the Cabin' knocks off 'Avatar' at the box office
NASDAQ:CGC

Canopy Growth - CGC Price Target & Analyst Ratings

$2.92
-0.22 (-7.01%)
(As of 02/3/2023 12:00 AM ET)
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Today's Range
$2.90
$3.16
50-Day Range
$2.09
$4.32
52-Week Range
$2.09
$9.61
Volume
11.08 million shs
Average Volume
9.33 million shs
Market Capitalization
$1.45 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.07

Canopy Growth Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 13 Analyst Ratings

Consensus Analyst Price Target

$4.55
55.74% Upside
High Prediction$10.00
Average Prediction$4.55
Low Prediction$1.50
TypeCurrent
2/5/22 to 2/5/23
1 Month Ago
1/6/22 to 1/6/23
3 Months Ago
11/7/21 to 11/7/22
1 Year Ago
2/5/21 to 2/5/22
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
5 Hold rating(s)
6 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
Sell
6 Sell rating(s)
6 Sell rating(s)
9 Sell rating(s)
6 Sell rating(s)
Consensus Price Target$4.55$4.55$6.60$27.56
Predicted Upside55.74% Upside11.78% Upside17.86% Upside63.92% Upside
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CGC Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CGC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Canopy Growth Stock vs. The Competition

TypeCanopy GrowthMedical CompaniesS&P 500
Consensus Rating Score
1.69
2.64
2.47
Consensus RatingHoldBuyHold
Predicted Upside55.74% Upside2,515.75% Upside8.64% Upside
News Sentiment RatingPositive News
Neutral News
Neutral News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/1/2023CIBC
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 Lower TargetC$3.00 ➝ C$2.50
11/7/2022Canaccord Genuity Group
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Matt Bottomley
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Boost TargetHold ➝ HoldC$4.25 ➝ C$5.00
11/1/2022Sanford C. Bernstein
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 Initiated CoverageUnderperform$1.50-57.02%
10/26/2022Cantor Fitzgerald
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 Boost TargetNeutral$2.90 ➝ $3.05+4.81%
10/25/2022Alliance Global Partners
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 Boost TargetC$3.50 ➝ C$4.00
9/30/2022Barclays
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 Lower TargetUnderweight$3.50 ➝ $2.00-28.06%
8/8/2022Piper Sandler
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 Lower TargetUnderweight$3.00 ➝ $2.50-15.82%
7/5/2022Bank of America
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 Lower TargetUnderperform ➝ Underperform$3.00 ➝ $2.33-12.08%
6/29/2022MKM Partners
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Bill Kirk
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Lower TargetBuy ➝ BuyC$17.00 ➝ C$13.00
6/8/2022BMO Capital Markets
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 DowngradeMarket Perform ➝ Underperform
6/1/2022Oppenheimer
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 Reiterated RatingMarket Perform
5/30/2022Cowen
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 Lower TargetBuy$5.00+2.46%
5/27/2022Cfra
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Garrett Nelson
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Reiterated RatingHold$10.00+104.92%
5/27/2022Benchmark
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 DowngradeHold ➝ Sell
12/6/2021Wells Fargo & Company
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 Initiated CoverageUnderweight$8.00-21.18%
11/30/2021Eight Capital
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 DowngradeNeutral ➝ Sell
11/23/2021Jefferies Financial Group
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 Lower TargetPositive ➝ HoldC$25.28 ➝ C$16.70
6/3/2021Desjardins
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 Lower TargetHoldC$55.00 ➝ C$35.00
2/10/2021Cormark
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 DowngradeMarket Perform ➝ Reduce
2/4/2021Stifel Nicolaus
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 Reiterated RatingBuy$23.00-48.82%
6/1/2020Scotiabank
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 Boost TargetSector Perform$28.00 ➝ $33.00+99.76%
6/1/2020LADENBURG THALM/SH SH
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 DowngradeBuy ➝ Neutral
6/1/2020Pi Financial
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J. Zandberg
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DowngradeNeutral ➝ Sell
6/1/2020Bryan, Garnier & Co
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 DowngradeNeutral ➝ Sell
3/5/2020Laurentian Bank of Canada
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Chris Blake
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UpgradeBuy
(Data available from 2/5/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












CGC Price Target - Frequently Asked Questions

What is Canopy Growth's consensus rating and price target?

According to the issued ratings of 13 analysts in the last year, the consensus rating for Canopy Growth stock is Hold based on the current 6 sell ratings, 5 hold ratings and 2 buy ratings for CGC. The average twelve-month price prediction for Canopy Growth is $4.55 with a high price target of $10.00 and a low price target of $1.50. Learn more on CGC's analyst rating history.

Do Wall Street analysts like Canopy Growth more than its competitors?

Analysts like Canopy Growth less than other Medical companies. The consensus rating for Canopy Growth is Hold while the average consensus rating for medical companies is Buy. Learn more on how CGC compares to other companies.

Does Canopy Growth's stock price have much upside?

According to analysts, Canopy Growth's stock has a predicted upside of 19.47% based on their 12-month price targets.

What analysts cover Canopy Growth?

Canopy Growth has been rated by Canaccord Genuity Group, and CIBC in the past 90 days.


Stock Ratings Reports and Tools

This page (NASDAQ:CGC) was last updated on 2/5/2023 by MarketBeat.com Staff