GrowGeneration (GRWG) Stock Forecast & Price Target

$3.00

+0.09 (+3.09%)

(As of 12/4/2023 ET)

Today's Range: $2.86
▼
$3.02
50-Day Range: $1.80
▼
$3.00
52-Week Range: $1.77
▼
$8.63

Volume: 733,750 shs
Average Volume: 980,056 shs
Market Capitalization: $183.93 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.51

GrowGeneration Consensus Analyst Rating and Stock Price Forecast (2024)

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.

Analysts' Consensus Rating

Moderate Buy
Based on 3 Analyst Ratings

Analysts' Consensus Price Target

$4.51
50.42% Upside

High Forecast	$5.00
Average Forecast	$4.51
Low Forecast	$4.00

Type	Current Forecast 12/5/22 to 12/5/23	1 Month Ago 11/5/22 to 11/5/23	3 Months Ago 9/6/22 to 9/6/23	1 Year Ago 12/5/21 to 12/5/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	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)	0 Buy rating(s)
Hold	1 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$4.51	$4.51	$4.51	$10.43
Predicted Upside	50.42% Upside	25.09% Upside	25.09% Upside	41.82% Upside

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GRWG 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.

GRWG 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.

GrowGeneration Stock vs. The Competition

Type	GrowGeneration	Basic Materials Companies	S&P 500
Consensus Rating Score	2.67	2.56	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	50.42% Upside	402.00% Upside	2,853.10% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/9/2023	Lake Street Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$6.00 ➝ $5.00	+67.22%
5/10/2023	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$4.25 ➝ $4.75	+28.38%
3/20/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$5.25 ➝ $4.30	+21.13%
1/3/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight	$3.50 ➝ $4.00	-7.19%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:45 AM ET.

GRWG Price Target - Frequently Asked Questions

What is GrowGeneration's consensus rating and price target?: According to the issued ratings of 3 analysts in the last year, the consensus rating for GrowGeneration stock is Moderate Buy based on the current 1 hold rating and 2 buy ratings for GRWG. The average twelve-month price prediction for GrowGeneration is $4.51 with a high price target of $5.00 and a low price target of $4.00. Learn more on GRWG's analyst rating history.
Do Wall Street analysts like GrowGeneration more than its competitors?: Analysts like GrowGeneration more than other Basic Materials companies. The consensus rating score for GrowGeneration is 2.67 while the average consensus rating score for basic materials companies is 2.56. Learn more on how GRWG compares to other companies.
Does GrowGeneration's stock price have much upside?: According to analysts, GrowGeneration's stock has a predicted upside of 23.63% based on their 12-month stock forecasts.

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This page (NASDAQ:GRWG) was last updated on 12/5/2023 by MarketBeat.com Staff

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