OTC:AAWH Ascend Wellness - AAWH Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ascend Wellness Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $1.36 -0.04 (-2.86%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$1.34▼$1.4450-Day Range$1.11▼$2.1152-Week Range$0.98▼$5.36Volume31,348 shsAverage Volume62,975 shsMarket Capitalization$256.48 millionP/E RatioN/ADividend YieldN/APrice Target$9.00 ProfileAnalyst RatingsChartCompetitorsHeadlines Ascend Wellness MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside561.8% Upside$9.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.70Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.39) to $0.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.00 out of 5 stars 3.5 Analyst's Opinion Consensus RatingAscend Wellness has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.00, Ascend Wellness has a forecasted upside of 561.8% from its current price of $1.36.Amount of Analyst CoverageAscend Wellness has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for AAWH. Previous Next 0.0 Dividend Strength Dividend YieldAscend Wellness does not currently pay a dividend.Dividend GrowthAscend Wellness does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AAWH. Previous Next 2.6 News and Social Media Coverage News SentimentAscend Wellness has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ascend Wellness this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for AAWH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Ascend Wellness to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ascend Wellness insiders have not sold or bought any company stock.Percentage Held by Insiders24.85% of the stock of Ascend Wellness is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 0.01% of the stock of Ascend Wellness is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Ascend Wellness are expected to grow in the coming year, from ($0.39) to $0.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ascend Wellness is -2.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ascend Wellness is -2.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAscend Wellness has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ascend Wellness (OTC:AAWH) StockAscend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods. Its cannabis product categories include flowers, pre-rolls, concentrates, vapes, edibles, and other cannabis-related products. As of December 31, 2021, the company operated 20 retail locations. It also sells its products to third-party licensed cannabis retail stores. The company was incorporated in 2018 and is headquartered in New York, New York.Read More Receive AAWH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ascend Wellness and its competitors with MarketBeat's FREE daily newsletter. Email Address AAWH Stock News HeadlinesJanuary 30, 2023 | seekingalpha.comAscend Wellness: Thriving Without New YorkJanuary 27, 2023 | finance.yahoo.comAscend Wellness Holdings, Inc. (AAWH)February 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... 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Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 26, 2023 | benzinga.comAscend Wellness To Acquire Four Maryland Cannabis DispensariesJanuary 25, 2023 | finance.yahoo.comAWH Continues Expansion with Agreement to Acquire Four Maryland DispensariesJanuary 8, 2023 | markets.businessinsider.comCannabis MSOs Are Refinancing At Higher Costs, Check Their Balance Sheets Analyst AdvisesDecember 2, 2022 | finance.yahoo.comAWH Announces Participation in Upcoming Conferences in December and JanuaryNovember 18, 2022 | finance.yahoo.comAWH Celebrates Opening of Second Medical Dispensary in PennsylvaniaFebruary 3, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! November 17, 2022 | markets.businessinsider.comAscend Wellness Commences Adult-Use Sales At Fort Lee Cannabis DispensaryNovember 17, 2022 | finance.yahoo.comAWH Commences Adult-Use Sales at Fort Lee DispensaryNovember 12, 2022 | markets.businessinsider.comAscend Wellness Reports Q3 Revenue Increases 14% Sequentially To $111MNovember 10, 2022 | msn.comAscend Wellness Holdings, Inc. (AAWH) Reports Q3 Loss, Tops Revenue EstimatesNovember 10, 2022 | finance.yahoo.comAWH ANNOUNCES Q3 2022 FINANCIAL RESULTSNovember 1, 2022 | markets.businessinsider.comMiss Grass Cannabis Products Available In New Jersey Through Ascend Wellness DispensariesNovember 1, 2022 | finance.yahoo.comAWH Launches Miss Grass Products in New Jersey Ascend DispensariesOctober 21, 2022 | finance.yahoo.comAWH Commences Medical Operations in PennsylvaniaOctober 12, 2022 | finance.yahoo.comAWH to Hold Third Quarter 2022 Earnings Conference Call on Thursday, November 10, 2022October 6, 2022 | markets.businessinsider.comAscend Wellness Holdings Initiates Leadership Transition PlanOctober 3, 2022 | finance.yahoo.comBattery charge dropped against Ascend Wellness co-founder: ReportOctober 3, 2022 | wsj.comAscend Wellness Holdings Inc.September 8, 2022 | markets.businessinsider.comXS Financial Provides A $15M CAPEX Lease Facility To Ascend Wellness HoldingsSeptember 6, 2022 | finance.yahoo.comAscend Wellness Holdings Provides Management UpdateAugust 26, 2022 | markets.businessinsider.comCannabis Workers Unionization Train Is Speeding Up As Ascend Dispensary In Boston Joins TeamstersAugust 23, 2022 | finance.yahoo.comMedMen puts New York business on selling block after Ascend scraps dealAugust 19, 2022 | finance.yahoo.comAWH Launches Adult-Use Sales at Montclair, New Jersey DispensaryAugust 17, 2022 | investing.comAscend Wellness Holdings, Inc. Misses Q2 EPS by 6cSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AAWH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ascend Wellness and its competitors with MarketBeat's FREE daily newsletter. Email Address AAWH Company Calendar Today2/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTC Industry Medicinals & botanicals Sub-IndustryN/A SectorMedical Current SymbolOTC:AAWH CUSIPN/A CIKN/A Webwww.awholdings.com Phone646-661-7600FaxN/AEmployees1,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.00 High Stock Price Forecast$9.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+561.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.46) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-122,660,000.00 Net Margins-21.54% Pretax Margin-11.55% Return on Equity-35.74% Return on Assets-7.98% Debt Debt-to-Equity Ratio1.67 Current Ratio1.59 Quick Ratio0.92 Sales & Book Value Annual Sales$332.38 million Price / Sales0.77 Cash FlowN/A Price / Cash FlowN/A Book Value$1.02 per share Price / Book1.33Miscellaneous Outstanding Shares188,590,000Free Float141,724,000Market Cap$256.48 million OptionableNot Optionable Beta2.78 Key ExecutivesMr. Abner B. Kurtin (Age 55)Founder & Exec. Chairman of The Board Comp: $2.21MMr. Francis Perullo (Age 45)Co-Founder, Interim Co-CEO, Pres, Chief Strategy Officer, Sec. & Director Comp: $1.78MMr. Daniel Neville (Age 36)Interim Co-CEO, CFO, Treasurer & Director Comp: $1.21MMr. David GacomChief Operating OfficerMr. Roman NemchenkoSr. VP & Chief Accounting OfficerMs. Rebecca Conti Koar B.Sc.Sr. VP of Investor RelationsMs. Robin Debiase (Age 51)Chief People Officer Mr. Christopher Melillo (Age 48)Chief Revenue Officer Jason LiottaSr. VP of Fin.Mr. Brian MiesieskiChief Brand OfficerMore ExecutivesKey CompetitorsBright GreenNASDAQ:BGXXbioteNASDAQ:BTMDAurora CannabisNYSE:ACBChromaDexNASDAQ:CDXCSNDLNASDAQ:SNDLView All Competitors AAWH Stock - Frequently Asked Questions Should I buy or sell Ascend Wellness stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ascend Wellness in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AAWH shares. View AAWH analyst ratings or view top-rated stocks. What is Ascend Wellness' stock price forecast for 2023? 3 Wall Street analysts have issued 1 year target prices for Ascend Wellness' stock. Their AAWH share price forecasts range from $9.00 to $9.00. On average, they expect the company's share price to reach $9.00 in the next year. This suggests a possible upside of 542.9% from the stock's current price. View analysts price targets for AAWH or view top-rated stocks among Wall Street analysts. How have AAWH shares performed in 2023? Ascend Wellness' stock was trading at $1.15 on January 1st, 2023. Since then, AAWH stock has increased by 21.7% and is now trading at $1.40. View the best growth stocks for 2023 here. What is Ascend Wellness' stock symbol? Ascend Wellness trades on the OTC under the ticker symbol "AAWH." How do I buy shares of Ascend Wellness? Shares of AAWH 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 Ascend Wellness' stock price today? One share of AAWH stock can currently be purchased for approximately $1.40. How much money does Ascend Wellness make? Ascend Wellness (OTC:AAWH) has a market capitalization of $264.03 million and generates $332.38 million in revenue each year. The company earns $-122,660,000.00 in net income (profit) each year or ($0.46) on an earnings per share basis. How many employees does Ascend Wellness have? The company employs 1,500 workers across the globe. How can I contact Ascend Wellness? Ascend Wellness' mailing address is 1411 Broadway 16th Floor, New York NY, 10018. The official website for the company is www.awholdings.com. The company can be reached via phone at 646-661-7600 or via email at ir@awholdings.com. This page (OTC:AAWH) was last updated on 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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