Greenlane Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greenlane in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Greenlane stock.
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6 Wall Street research analysts have issued 1-year target prices for Greenlane's stock. Their GNLN stock forecasts range from $1.00 to $6.30. On average, they anticipate Greenlane's stock price to reach $3.22 in the next twelve months. This suggests a possible upside of 1,403.1% from the stock's current price.
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Greenlane's stock was trading at $0.9641 at the beginning of the year. Since then, GNLN stock has decreased by 77.8% and is now trading at $0.2140.
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Greenlane is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our earnings forecast for Greenlane.

Greenlane Holdings, Inc. (NASDAQ:GNLN) issued its quarterly earnings results on Tuesday, May, 17th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $0.08. The business earned $46.53 million during the quarter, compared to analysts' expectations of $51.39 million. Greenlane had a negative trailing twelve-month return on equity of 23.05% and a negative net margin of 23.33%.
View Greenlane's earnings history.

2 employees have rated Greenlane CEO on Glassdoor.com. has an approval rating of 100% among Greenlane's employees. This puts in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Greenlane include Armanino Foods of Distinction (AMNF), Lee Enterprises (LEE), Spirits Cap (SSCC), TAAT Global Alternatives (TOBAF), Splash Beverage Group (SBEV), Exlites Holdings International (EXHI), Lifeway Foods (LWAY), Barfresh Food Group (BRFH), Kalera Public (KAL), Barfresh Food Group (BRFHD), Alkaline Water (WTER), AgEagle Aerial Systems (UAVS), Image Chain Group (ICGL), Alkaline Water (WTER) and Yoshitsu (TKLF).
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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).

(GNLN) raised $80 million in an initial public offering on Thursday, April 18th 2019. The company issued 5,300,000 shares at a price of $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.

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

Shares of GNLN 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 GNLN stock can currently be purchased for approximately $0.21.

Greenlane (NASDAQ:GNLN) has a market capitalization of $27.41 million and generates $166.06 million in revenue each year. The company earns $-30,580,000.00 in net income (profit) each year or ($0.83) on an earnings per share basis.

Greenlane employs 264 workers across the globe.

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