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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
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Know Your Profit Potential BEFORE You Trade! (Ad)pixel
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Pfizer Stock: What the Bulls and Bears are Getting Wrong
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
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Know Your Profit Potential BEFORE You Trade! (Ad)pixel
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
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AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
NASDAQ:GNLN

Greenlane - GNLN Stock Forecast, Price & News

$0.52
+0.04 (+8.33%)
(As of 02/1/2023 12:00 AM ET)
Add
Compare
Today's Range
$0.49
$0.54
50-Day Range
$0.28
$0.52
52-Week Range
$0.27
$16.40
Volume
1.12 million shs
Average Volume
314,701 shs
Market Capitalization
$3.97 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.75

Greenlane MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
4,082.7% Upside
$21.75 Price Target
Short Interest
Healthy
4.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.42
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($8.52) to ($2.46) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars


GNLN stock logo

About Greenlane (NASDAQ:GNLN) Stock

Greenlane Holdings, Inc. distributes and supplies vaporization products and accessories for vape shops and dispensaries. The firm offers packaging, rolling papers, grinders, glass products, and smoking accessories. The company was founded by Aaron LoCascio and Adam Schoenfeld in 2005 and is headquartered in Boca Raton, FL.

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GNLN Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Greenlane Reports Q3 2022 Earnings
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Greenlane Secures $15 Million Asset-Based Loan
See More Headlines
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GNLN Company Calendar

Last Earnings
11/15/2022
Today
2/02/2023
Next Earnings (Estimated)
3/29/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Durable goods, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:GNLN
Fax
N/A
Employees
264
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$21.75
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$2.00
Forecasted Upside/Downside
+4,082.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-30,580,000.00
Pretax Margin
-72.17%

Debt

Sales & Book Value

Annual Sales
$166.06 million
Book Value
$36.72 per share

Miscellaneous

Free Float
6,316,000
Market Cap
$3.97 million
Optionable
Not Optionable
Beta
1.88

Key Executives

  • Craig Snyder
    President, Chief Executive Officer & Director
  • Rodrigo de Oliveira
    Chief Operating Officer
  • Lana Reeve
    Chief Financial & Legal Officer
  • Samuel Morales
    Vice President-Strategic Growth
  • Richard Finlow
    Managing Director-Europe













GNLN Stock - Frequently Asked Questions

Should I buy or sell Greenlane stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Greenlane in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GNLN shares.
View GNLN analyst ratings
or view top-rated stocks.

What is Greenlane's stock price forecast for 2023?

3 Wall Street research analysts have issued 1 year price targets for Greenlane's stock. Their GNLN share price forecasts range from $2.00 to $40.00. On average, they anticipate the company's share price to reach $21.75 in the next year. This suggests a possible upside of 4,082.7% from the stock's current price.
View analysts price targets for GNLN
or view top-rated stocks among Wall Street analysts.

How have GNLN shares performed in 2023?

Greenlane's stock was trading at $0.2875 at the beginning of the year. Since then, GNLN shares have increased by 80.9% and is now trading at $0.52.
View the best growth stocks for 2023 here
.

When is Greenlane's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 29th 2023.
View our GNLN earnings forecast
.

How were Greenlane's earnings last quarter?

Greenlane Holdings, Inc. (NASDAQ:GNLN) released its earnings results on Tuesday, November, 15th. The company reported ($11.43) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.20) by $10.23. The business had revenue of $28.68 million for the quarter, compared to analyst estimates of $36.56 million. Greenlane had a negative net margin of 64.02% and a negative trailing twelve-month return on equity of 65.46%. During the same quarter in the previous year, the firm earned ($6.60) earnings per share.

When did Greenlane's stock split?

Greenlane shares reverse split on the morning of Wednesday, August 10th 2022. The 1-20 reverse split was announced on Wednesday, August 10th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, August 10th 2022. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What other stocks do shareholders of Greenlane own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Greenlane investors own include KushCo (KSHB), Organigram (OGI), Enerplus (ERF), Matinas BioPharma (MTNB), Supreme Cannabis (SPRWF), ADMA Biologics (ADMA), EnLink Midstream (ENLC), Gran Tierra Energy (GTE), MariMed (MRMD) and Novan (NOVN).

When did Greenlane IPO?

(GNLN) raised $80 million in an initial public offering (IPO) on Thursday, April 18th 2019. The company issued 5,300,000 shares at $14.00-$16.00 per share. Cowen and Company and Canaccord Genuity acted as the underwriters for the IPO and Ladenburg Thalmann, Roth Capital Partners and Northland Securities were co-managers.

What is Greenlane's stock symbol?

Greenlane trades on the NASDAQ under the ticker symbol "GNLN."

Who are Greenlane's major shareholders?

Greenlane's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Aaron Locascio, Adam Schoenfeld and William E Mote Jr.
View institutional ownership trends
.

How do I buy shares of Greenlane?

Shares of GNLN stock 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.
Compare Top Brokerages Here.

What is Greenlane's stock price today?

One share of GNLN stock can currently be purchased for approximately $0.52.

How much money does Greenlane make?

Greenlane (NASDAQ:GNLN) has a market capitalization of $3.97 million and generates $166.06 million in revenue each year. The company earns $-30,580,000.00 in net income (profit) each year or ($18.90) on an earnings per share basis.

How many employees does Greenlane have?

The company employs 264 workers across the globe.

How can I contact Greenlane?

Greenlane's mailing address is 1095 BROKEN SOUND PARKWAY SUITE 300, BOCA RATON FL, 33487. The official website for the company is www.gnln.com. The company can be reached via phone at (877) 292-7660 or via email at investor@gnln.com.

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