Cronos Group Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last twelve months. There are currently 3 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Cronos Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRON, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Cronos Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cronos Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Cronos Group is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
View our earnings forecast for Cronos Group.

Cronos Group will be holding an earnings conference call on Friday, August 6th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Cronos Group Inc. (NASDAQ:CRON) released its quarterly earnings results on Thursday, May, 6th. The company reported ($0.44) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.09) by $0.35. The company had revenue of $14.60 million for the quarter, compared to analyst estimates of $22.19 million. Cronos Group had a negative trailing twelve-month return on equity of 11.39% and a negative net margin of 610.02%. The firm's quarterly revenue was up 57.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.20 EPS.
View Cronos Group's earnings history.

Cronos Group's stock was trading at $5.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CRON shares have increased by 41.2% and is now trading at $7.64.
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6 brokers have issued 12 month target prices for Cronos Group's shares. Their forecasts range from $5.00 to $12.50. On average, they expect Cronos Group's share price to reach $8.80 in the next year. This suggests a possible upside of 15.2% from the stock's current price.
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Some companies that are related to Cronos Group include Canopy Growth (CGC), Tilray (TLRY), STADA Arzneimittel Aktiengesellschaft (STDAF), USANA Health Sciences (USNA), Aurora Cannabis (ACB), True Drinks (TRUU), Sundial Growers (SNDL), HEXO (HEXO), ChromaDex (CDXC), Canopy Rivers (RIV), MediWound (MDWD), Natural Alternatives International (NAII), Bon Natural Life (BON), Grove (GRVI) and Charlie's (CHUCD).
View all of CRON's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cronos Group investors own include (CGC), Aurora Cannabis (ACB), Tilray (TLRY), (APHA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Dollar Tree (DLTR), Micron Technology (MU), Alibaba Group (BABA) and OrganiGram (OGI).

Cronos Group trades on the NASDAQ under the ticker symbol "CRON."

Shares of CRON can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CRON stock can currently be purchased for approximately $7.64.

Cronos Group has a market capitalization of $2.84 billion and generates $46.72 million in revenue each year. The company earns $-73,140,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis.

Cronos Group employs 665 workers across the globe.

The official website for Cronos Group is www.thecronosgroup.com.

Cronos Group is headquartered at 111 PETER STREET SUITE 300, TORONTO A6, M5V 2G9.

Cronos Group's mailing address is 111 PETER STREET SUITE 300, TORONTO A6, M5V 2G9. The company can be reached via phone at (416) 504-0004.