TSE:ACB

Aurora Cannabis (ACB) Stock Forecast, Price & News

C$0.71

+0.04 (+5.97%)

(As of 06/2/2023 ET)

Compare

Today's Range: C$0.68
▼
C$0.72
50-Day Range: C$0.67
▼
C$0.96
52-Week Range: C$0.66
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C$2.49

Volume: 824,462 shs
Average Volume: 981,474 shs
Market Capitalization: C$242.10 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$2.22

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines Social Media

Aurora Cannabis MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 212.7% Upside
C$2.22 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.89
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

1.62 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Aurora Cannabis has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$2.22, Aurora Cannabis has a forecasted upside of 212.7% from its current price of C$0.71.
Amount of Analyst Coverage
Aurora Cannabis has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ACB.

0.0

Dividend Strength

Dividend Yield
Aurora Cannabis does not currently pay a dividend.
Dividend Growth
Aurora Cannabis does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ACB.

2.7

News and Social Media Coverage

News Sentiment
Aurora Cannabis has a news sentiment score of 0.89. 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 0.55 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Aurora Cannabis this week, compared to 2 articles on an average week.
Search Interest
Only 7 people have searched for ACB on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.
MarketBeat Follows
8 people have added Aurora Cannabis to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aurora Cannabis insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.06% of the stock of Aurora Cannabis is held by insiders.
Percentage Held by Institutions
Only 17.37% of the stock of Aurora Cannabis is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Aurora Cannabis is -0.09, 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. Sector
The P/E ratio of Aurora Cannabis is -0.09, 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 Ratio
Aurora Cannabis has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Aurora Cannabis (TSE:ACB) Stock

Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. The company produces, distributes, and sells medical and consumer cannabis products in Canada. It is also involved in the distribution of wholesale medical cannabis in the European Union (EU); distribution of wholesale medical cannabis in various international markets, including Australia, Caribbeans, South America, and Israel; and distribution and sale of hemp-derived cannabidiol (CBD) products in the United States (U.S.) market. In addition, the company cultivates and sells dried cannabis, cannabis oils, capsules, edible cannabis, and cannabis extracts, which are ingested in various ways, including smoking, vaporizing, and consumption in the form of oil, capsules, edibles, and extracts; and provides dried milled strains and strain specific cannabis oils. Further, it offers patient counseling and outreach services. The company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard, as well as CBD brands, Reliva and KG7; and medical cannabis brands include MedReleaf, CanniMed, Aurora, and WMMC. Aurora Cannabis Inc. is headquartered in Edmonton, Canada.

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ACB Stock News Headlines

May 31, 2023 | finanznachrichten.de

Aurora Cannabis Inc.: Aurora and Ethypharm Reaffirm their Commitment to Promote Access to Medical Cannabis for French Patients

May 30, 2023 | msn.com

As France Extends Its Medical Marijuana Trial, Aurora And Ethypharm Continue To Be Its Exclusive Suppliers

June 4, 2023 | Behind the Markets (Ad)

How A.I. Could Make Most 21st Century Diseases EXTINCT

On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...

May 18, 2023 | americanbankingnews.com

Aurora Cannabis (TSE:ACB) Shares Down 1.3%

May 17, 2023 | finance.yahoo.com

Better Buy: Aurora Cannabis vs. Trulieve Cannabis

May 13, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc Ws USD down on Thursday (ACB-WS-U)

May 10, 2023 | americanbankingnews.com

Brokerages Set Aurora Cannabis Inc. (TSE:ACB) PT at C$2.31

May 6, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc Ws USD up on Friday (ACB-WS-U)

June 4, 2023 | Behind the Markets (Ad)

How A.I. Could Make Most 21st Century Diseases EXTINCT

May 3, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc Ws USD down on Monday (ACB-WS-U)

April 30, 2023 | finance.yahoo.com

This Troubled Stock Might Go Up in Smoke

April 26, 2023 | finance.yahoo.com

Aurora Cannabis Partners with Strainprint to Empower Patients on their Cannabis Journey

April 25, 2023 | theglobeandmail.com

Stocks in play: Aurora Cannabis

April 25, 2023 | msn.com

Aurora Stock Slightly Down On Debt Reduction And The Launch Of Spring Product Lineup

April 25, 2023 | finance.yahoo.com

Aurora Introduces Fresh Innovation for Spring

April 22, 2023 | americanbankingnews.com

Aurora Cannabis (TSE:ACB) Hits New 1-Year Low at $0.82

April 21, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc up on Friday (ACB)

April 21, 2023 | marketwatch.com

Aurora Cannabis Inc. stock rises Friday, outperforms market

April 19, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc flat on Wednesday (ACB)

April 18, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc WT USD flat on Friday (ACB-WT-U)

April 18, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc Ws USD flat on Friday (ACB-WS-U)

April 15, 2023 | americanbankingnews.com

Aurora Cannabis Inc. (TSE:ACB) Receives C$2.31 Consensus PT from Brokerages

April 12, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc WT USD flat on Monday (ACB-WT-U)

April 11, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc down on Tuesday (ACB)

April 11, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc WT USD flat on Thursday (ACB-WT-U)

April 11, 2023 | finance.yahoo.com

Which Canadian Cannabis Company Will Be the Next Takeover Target?

April 7, 2023 | theglobeandmail.com

Closing Bell: Aurora Cannabis Inc Ws USD flat on Wednesday (ACB-WS-U)

See More Headlines

ACB Price History

30 days | 90 days | 365 days | Advanced Chart

ACB Company Calendar

Last Earnings: 5/15/2017
Today: 6/04/2023
Next Earnings (Estimated): 6/08/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Drug Manufacturers - Specialty & Generic
Sub-Industry: N/A
Sector: Medical
Current Symbol: TSE:ACB
CUSIP: N/A
CIK: N/A
Web: auroramj.com
Phone: +1-604-3625207
Fax: N/A
Employees: 1,761
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$2.22
High Stock Price Forecast: C$4.00
Low Stock Price Forecast: C$1.20
Forecasted Upside/Downside: +212.7%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($8.03)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-1,750,000,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -137.28%
Return on Assets: -8.26%

Debt

Debt-to-Equity Ratio: 38.00
Current Ratio: 4.08
Quick Ratio: 2.48

Sales & Book Value

Annual Sales: C$211.59 million
Price / Sales: 1.14
Cash Flow: C$0.57 per share
Price / Cash Flow: 1.25
Book Value: C$1.64 per share
Price / Book: 0.43

Miscellaneous

Outstanding Shares: 340,990,000
Free Float: N/A
Market Cap: C$242.10 million
Optionable: Not Optionable
Beta: 3.00

Key Executives

Mr. Miguel Martin (Age 51)
CEO & Director
Comp: $2.29M

Mr. Glen Ibbott
Chief Financial Officer

Mr. Alex Miller
Exec. VP of Operations & Supply Chain

Ms. Lori Schick
Exec. VP of HR

Mr. Andre Jerome
Exec. VP of Global Bus. Devel.

Ananth Krishnan
VP of Capital Markets & Investor Relations

Mr. Nathalie Clark
Exec. VP, Gen. Counsel & Corp. Sec.

Michelle Lefler
VP of Communications & PR

Mr. Carey Squires
Exec. VP of Corp. Devel. & Strategy

Mr. John Barnet
Chief Cultivator

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

ACB Stock - Frequently Asked Questions

Should I buy or sell Aurora Cannabis stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aurora Cannabis in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ACB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ACB, but not buy additional shares or sell existing shares.
View ACB analyst ratings or view top-rated stocks.
What is Aurora Cannabis' stock price forecast for 2023?: 6 brokers have issued 12 month target prices for Aurora Cannabis' stock. Their ACB share price forecasts range from C$1.20 to C$4.00. On average, they predict the company's stock price to reach C$2.22 in the next twelve months. This suggests a possible upside of 212.7% from the stock's current price.
View analysts price targets for ACB or view top-rated stocks among Wall Street analysts.
How have ACB shares performed in 2023?: Aurora Cannabis' stock was trading at C$1.25 at the start of the year. Since then, ACB stock has decreased by 43.2% and is now trading at C$0.71.
View the best growth stocks for 2023 here.
When is Aurora Cannabis' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, June 8th 2023.
View our ACB earnings forecast.
How were Aurora Cannabis' earnings last quarter?: Aurora Cannabis Inc. (TSE:ACB) issued its quarterly earnings data on Monday, May, 15th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $5.18 million for the quarter, compared to the consensus estimate of $7.44 million.
What other stocks do shareholders of Aurora Cannabis own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Aurora Cannabis investors own include Canopy Growth (WEED), Aphria (APHA), Organigram (OGI), Aurora Cannabis (ACBFF), Cronos Group (CRON), Micron Technology (MU), Alibaba Group (BABA), Green Organic Dutchman (TGOD) and Advanced Micro Devices (AMD).

What is Aurora Cannabis' stock symbol?: Aurora Cannabis trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ACB."
How do I buy shares of Aurora Cannabis?: Shares of ACB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Aurora Cannabis' stock price today?: One share of ACB stock can currently be purchased for approximately C$0.71.
How much money does Aurora Cannabis make?: Aurora Cannabis (TSE:ACB) has a market capitalization of C$242.10 million and generates C$211.59 million in revenue each year. The company earns C$-1,750,000,000.00 in net income (profit) each year or C($8.03) on an earnings per share basis.
How many employees does Aurora Cannabis have?: The company employs 1,761 workers across the globe.
How can I contact Aurora Cannabis?: Aurora Cannabis' mailing address is 1500 - 1199 West Hastings St., VANCOUVER, BC V6E 3T5, Canada. The official website for the company is auroramj.com. The company can be reached via phone at +1-604-3625207.

This page (TSE:ACB) was last updated on 6/4/2023 by MarketBeat.com Staff

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Aurora Cannabis (ACB) Stock Forecast, Price & News

Aurora Cannabis MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Aurora Cannabis (TSE:ACB) Stock

ACB Stock News Headlines

ACB Price History

ACB Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

ACB Stock - Frequently Asked Questions

Overall MarketRank^™