Greenlane Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greenlane in the last year. 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 12-month target prices for Greenlane's stock. Their GNLN stock forecasts range from $1.00 to $6.30. On average, they predict Greenlane's share price to reach $3.22 in the next twelve months. This suggests a possible upside of 1,509.1% from the stock's current price.
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Greenlane's stock was trading at $0.9641 at the beginning of 2022. Since then, GNLN stock has decreased by 79.3% and is now trading at $0.1999.
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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 data on Tuesday, May, 17th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.08. The company earned $46.53 million during the quarter, compared to the consensus estimate 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.

Greenlane issued an update on its fourth quarter 2021 earnings guidance on Thursday, April, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $55.50 million-$56.50 million, compared to the consensus revenue estimate of $57.49 million.

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 Spirits Cap (SSCC), Splash Beverage Group (SBEV), Exlites Holdings International (EXHI), TAAT Global Alternatives (TOBAF), Lifeway Foods (LWAY), Barfresh Food Group (BRFH), Barfresh Food Group (BRFHD), Image Chain Group (ICGL), AgEagle Aerial Systems (UAVS), MamaMancini's (MMMB), Yoshitsu (TKLF), Alkaline Water (WTER), Alkaline Water (WTER), DAVIDsTEA (DTEA) and Origin Agritech (SEED).
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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 (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 served 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 $0.20.

Greenlane (NASDAQ:GNLN) has a market capitalization of $25.60 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.