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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
NASDAQ:IMCC

IM Cannabis - IMCC Stock Forecast, Price & News

$2.27
-0.13 (-5.42%)
(As of 11/25/2022 08:57 PM ET)
Add
Compare
Today's Range
$2.26
$2.41
50-Day Range
$0.34
$4.50
52-Week Range
$2.26
$48.30
Volume
22,600 shs
Average Volume
29,954 shs
Market Capitalization
$17.18 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.75

IM Cannabis MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
505.7% Upside
$13.75 Price Target
Short Interest
Healthy
1.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($17.11) to ($0.18) Per Share

Overall MarketRank

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

1.54 out of 5 stars

Medical Sector

967th out of 1,044 stocks

Medicinals & Botanicals Industry

14th out of 15 stocks

IMCC stock logo

About IM Cannabis (NASDAQ:IMCC) Stock

IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel, Germany, and Canada. It offers cannabis flowers and strain specific cannabis extracts under the IMC brand; and dried flower, pre-rolls, and pressed hash offerings under the WAGNERS and Highland Grow brands. The company serves medical patients and adult-use recreational consumers. IM Cannabis Corp. is headquartered in Tel Aviv-Yafo, Israel.

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IMCC Stock News Headlines

RAFAEL GABAY ACQUIRES COMMON SHARES OF IM CANNABIS CORP.
IM Cannabis to Launch WAGNERS Brand in Germany
See More Headlines
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IMCC Company Calendar

Today
11/27/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/30/2023

Industry, Sector and Symbol

Industry
Medicinals & botanicals
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:IMCC
Fax
N/A
Employees
283
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.75
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$12.50
Forecasted Upside/Downside
+505.7%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$-14,170,000.00
Net Margins
-203.34%
Pretax Margin
-58.32%

Debt

Sales & Book Value

Annual Sales
$43.32 million
Book Value
$5.67 per share

Miscellaneous

Free Float
7,122,000
Market Cap
$17.18 million
Optionable
Not Optionable
Beta
0.57

Key Executives

  • Mr. Marc Lustig M.B.A. (Age 48)
    M.Sc., Exec. Chairman
    Comp: $192.48k
  • Mr. Oren Shuster
    CEO & Director
  • Mr. Shai Shemesh
    Chief Financial Officer
  • Mr. Michael Ruscetta (Age 53)
    Chief Exec. Officer of Trichome Financial Corp.
    Comp: $274.32k
  • Mr. Howard Steinberg C.F.A. (Age 57)
    Chief Exec. Officer of TJAC & MYM
    Comp: $641.61k
  • Advocate Yael Harrosh
    Chief Legal & Operations Officer
  • Mr. Richard Balla
    CEO & Director of German Operations – Adjupharm GmbH
  • Ms. Rinat Efrima (Age 45)
    Chief Exec. Officer of Israel













IMCC Stock - Frequently Asked Questions

What is IM Cannabis' stock price forecast for 2023?

0 brokerages have issued 1 year price targets for IM Cannabis' stock. Their IMCC share price forecasts range from $12.50 to $15.00. On average, they expect the company's share price to reach $13.75 in the next year. This suggests a possible upside of 505.7% from the stock's current price.
View analysts price targets for IMCC
or view top-rated stocks among Wall Street analysts.

How have IMCC shares performed in 2022?

IM Cannabis' stock was trading at $33.40 at the beginning of 2022. Since then, IMCC shares have decreased by 93.2% and is now trading at $2.27.
View the best growth stocks for 2022 here
.

When is IM Cannabis' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 30th 2023.
View our IMCC earnings forecast
.

When did IM Cannabis' stock split?

IM Cannabis shares reverse split on the morning of Wednesday, November 16th 2022. The 1-10 reverse split was announced on Wednesday, November 16th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, November 16th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What is IM Cannabis' stock symbol?

IM Cannabis trades on the NASDAQ under the ticker symbol "IMCC."

Who are IM Cannabis' major shareholders?

IM Cannabis' stock is owned by many different institutional and retail investors. Top institutional investors include K.J. Harrison & Partners Inc (0.29%), ExodusPoint Capital Management LP (0.21%) and Jane Street Group LLC (0.18%).

How do I buy shares of IM Cannabis?

Shares of IMCC 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 IM Cannabis' stock price today?

One share of IMCC stock can currently be purchased for approximately $2.27.

How much money does IM Cannabis make?

IM Cannabis (NASDAQ:IMCC) has a market capitalization of $17.18 million and generates $43.32 million in revenue each year. The company earns $-14,170,000.00 in net income (profit) each year or ($19.10) on an earnings per share basis.

How many employees does IM Cannabis have?

The company employs 283 workers across the globe.

How can I contact IM Cannabis?

The official website for the company is www.imcannabis.com. The company can be reached via phone at 972-54-668-7515 or via email at maya.l@imcannabis.com.

This page (NASDAQ:IMCC) was last updated on 11/28/2022 by MarketBeat.com Staff