Leafly (LFLY) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Leafly in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LFLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LFLY, but not buy additional shares or sell existing shares.
View LFLY analyst ratings or view top-rated stocks.

Leafly's stock was trading at $13.0380 at the beginning of 2023. Since then, LFLY stock has decreased by 52.6% and is now trading at $6.18.
View the best growth stocks for 2023 here.

Leafly saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 23,100 shares, an increase of 99.1% from the August 31st total of 11,600 shares. Based on an average trading volume of 23,100 shares, the short-interest ratio is currently 1.0 days. Approximately 1.5% of the shares of the stock are sold short.
View Leafly's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our LFLY earnings forecast.

Leafly Holdings, Inc. (NASDAQ:LFLY) announced its quarterly earnings data on Thursday, August, 10th. The company reported ($0.80) EPS for the quarter, beating analysts' consensus estimates of ($1.80) by $1.00. The firm had revenue of $10.68 million for the quarter, compared to analysts' expectations of $10.53 million. During the same period in the prior year, the business posted ($4.20) EPS.

AXS Cannabis ETF holds 1,270,625 shares of LFLY stock, representing 2.50% of its portfolio.

Shares of Leafly reverse split on the morning of Tuesday, September 12th 2023. The 1-20 reverse split was announced on Tuesday, September 12th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, September 12th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Leafly updated its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $11.00 million-$11.00 million, compared to the consensus revenue estimate of $10.93 million.

Leafly trades on the NASDAQ under the ticker symbol "LFLY."

Shares of LFLY 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.

One share of LFLY stock can currently be purchased for approximately $6.18.

Leafly (NASDAQ:LFLY) has a market capitalization of $12.79 million and generates $47.36 million in revenue each year. The company earns $5.07 million in net income (profit) each year or ($1.40) on an earnings per share basis.

The company employs 140 workers across the globe.

Leafly's mailing address is 641 LEXINGTON AVENUE 18TH FLOOR, NEW YORK NY, 10022. The official website for the company is www.meridacap.com. The company can be reached via phone at 206-455-9504 or via email at ir@leafly.com.