HEXO - HEXO Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HEXO in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HEXO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HEXO, but not buy additional shares or sell existing shares.
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7 equities research analysts have issued 1 year price objectives for HEXO's stock. Their HEXO share price forecasts range from C$0.25 to C$2.00. On average, they expect the company's share price to reach C$0.81 in the next twelve months. This suggests a possible upside of 245.9% from the stock's current price.
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HEXO's stock was trading at C$0.88 on January 1st, 2022. Since then, HEXO stock has decreased by 73.3% and is now trading at C$0.24.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our HEXO earnings forecast.

Based on aggregate information from My MarketBeat watchlists, some companies that other HEXO investors own include Aurora Cannabis (ACB), Aurora Cannabis (ACB), Aphria (APHA), Canopy Growth (WEED), Tilray (TLRY), Alibaba Group (BABA), Green Organic Dutchman (TGOD), Curaleaf (CURLF) and

HEXO trades on the Toronto Stock Exchange (TSX) under the ticker symbol "HEXO."

Shares of HEXO 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.
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One share of HEXO stock can currently be purchased for approximately C$0.24.

HEXO (TSE:HEXO) has a market capitalization of C$141.33 million and generates C$187.28 million in revenue each year.

The company employs 2,021 workers across the globe.

HEXO's mailing address is 3000 Solandt Road, Ottawa, Ontario K2K 2X2. The official website for the company is hexo.com. The company can be reached via phone at 844-406-1852.