Ascend Wellness (AAWH) Stock Forecast & Price Target

$1.07

+0.03 (+2.88%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Headlines

Ascend Wellness - Analysts' Recommendations 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.

Consensus Rating

Buy
Based on 2 Analyst Ratings

Based on 2 Wall Street analysts who have issued ratings for Ascend Wellness in the last 12 months, the stock has a consensus rating of "Buy." Out of the 2 analysts, 1 has given a hold rating, and 1 has given a strong buy rating for AAWH.

Consensus Price Target

N/A

According to the 2 analysts' twelve-month price targets for Ascend Wellness,

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	$2.75
Forecasted Upside	N/A	N/A	N/A	135.04% Upside

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AAWH Analyst Recommendations 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.

AAWH 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.

Ascend Wellness Stock vs. The Competition

Type	Ascend Wellness	Medical Companies	S&P 500
Consensus Rating Score	3.00	2.72	2.50
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside		3,123.46% Upside	9.18% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating
7/16/2024	Ventum Cap Mkts 0 of 5 stars	A. Semple Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
5/7/2024	Needham & Company LLC 3 of 5 stars		Reiterated Rating	Hold
7/4/2023	Atb Cap Markets 5 of 5 stars	F. Gomes Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform
2/10/2023	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
10/28/2022	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:24 PM ET.

AAWH Forecast - Frequently Asked Questions

Should I buy or sell Ascend Wellness stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ascend Wellness in the last twelve months. There is currently 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AAWH shares.
Has Ascend Wellness been upgraded by Wall Street analysts recently?: Over the previous 90 days, Ascend Wellness's stock had 1 upgrade by analysts.
What analysts cover Ascend Wellness?: Ascend Wellness has been rated by research analysts at Needham & Company LLC, and Ventum Cap Mkts in the past 90 days.
Do Wall Street analysts like Ascend Wellness more than its competitors?: Analysts like Ascend Wellness more than other "medical" companies. The consensus rating for Ascend Wellness is Buy while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how AAWH compares to other companies.