Should I buy or sell Organigram stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Organigram in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OGI shares. View OGI analyst ratings or view top-rated stocks .

What is Organigram's stock price target for 2024?

1 equities research analysts have issued twelve-month price targets for Organigram's stock. Their OGI share price targets range from C$1.50 to C$6.50. On average, they predict the company's stock price to reach C$3.36 in the next twelve months. This suggests a possible upside of 86.5% from the stock's current price. View analysts price targets for OGI or view top-rated stocks among Wall Street analysts .

How have OGI shares performed in 2023?

Organigram's stock was trading at C$1.10 at the beginning of the year. Since then, OGI stock has increased by 63.6% and is now trading at C$1.80. View the best growth stocks for 2023 here .

When is Organigram's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 11th 2024. View our OGI earnings forecast .

What other stocks do shareholders of Organigram own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Organigram investors own include Aurora Cannabis (ACB) , Innovative Industrial Properties (IIPR) , Aurora Cannabis (ACB) , Canopy Growth (WEED) , Aphria (APHA) , Aurora Cannabis (ACBFF) , Green Organic Dutchman (TGOD) , Charlotte's Web (CWBHF) and CannTrust (CTST) .

How do I buy shares of Organigram?

Shares of OGI 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 .

Organigram Stock Price, News & Analysis (TSE:OGI)

C$1.80

-0.02 (-1.10%)

(As of 12/8/2023 ET)

Compare

Today's Range: C$1.78
▼
C$1.86
50-Day Range: C$1.36
▼
C$1.95
52-Week Range: C$1.35
▼
C$5.48

Volume: 106,002 shs
Average Volume: 118,195 shs
Market Capitalization: C$146.09 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$3.36

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

About Organigram Stock (TSE:OGI)

Organigram Holdings Inc., through its subsidiaries, engages in the production and sale of cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including cannabis flowers, gummies, cannabis oils, and vaporizers for civilian patients and veterans; adult use recreational cannabis under the SHRED, Big Bag O' Buds, Monjour, SHRED'ems, Edison Cannabis Co., Edison JOLTS, Tremblant, and Laurentian brands; and cannabis edibles products and concentrates. The company also engages in the wholesale shipping of cannabis plant cuttings, dried flowers, blends, pre-rolls, and cannabis derivative-based products to retailers and wholesalers for adult-use recreational cannabis. It sells its products through online, as well as telephone channels. Organigram Holdings Inc. was incorporated in 2010 and is headquartered in Toronto, Canada.

OGI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OGI Stock News Headlines

November 28, 2023 | markets.businessinsider.com

Organigram: Phylos Achieves First Milestone Under Loan Agreement; Increases Investment

November 28, 2023 | finance.yahoo.com

Organigram Increases Investment in Phylos After Successful Milestone Achievement

December 8, 2023 | Autonomix (Ad)

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November 10, 2023 | markets.businessinsider.com

Organigram Names Paolo De Luca Interim CFO

November 10, 2023 | finance.yahoo.com

Organigram Announces Interim Chief Financial Officer

November 8, 2023 | theglobeandmail.com

Organigram stock jumps on $124-million investment from tobacco giant BAT

October 21, 2023 | theglobeandmail.com

OrganiGram Holdings: Top 10 Undervalued Growth Stocks on TSX (OGI)

October 10, 2023 | theglobeandmail.com

Closing Bell: Organigram Holdings Inc flat on Tuesday (OGI)

December 8, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

September 30, 2023 | msn.com

Organigram Holdings: Earnings Growth Set To Continue

September 25, 2023 | theglobeandmail.com

Legal cannabis labels inflate THC potency contained in products, executives say

September 15, 2023 | finance.yahoo.com

Digicann Ventures Announces Receipt of Last Portion of Final Earnout Milestone Payment

September 1, 2023 | finance.yahoo.com

Organigram Announces Resignation of Board Member

August 28, 2023 | finance.yahoo.com

Organigram Launches First Range of THCV Products Derived from Moncton-Grown Whole Flower

July 14, 2023 | seekingalpha.com

Organigram Holdings reports Q3 results; initiates Q4 soft guidance

July 13, 2023 | finance.yahoo.com

Organigram Reports Third Quarter Fiscal 2023 Results

July 12, 2023 | msn.com

Earnings Outlook For OrganiGram Holdings

July 5, 2023 | finance.yahoo.com

Will Organigram Holdings (TSE:OGI) Spend Its Cash Wisely?

June 24, 2023 | fool.com

Organigram (TSX: OGI)

June 8, 2023 | finance.yahoo.com

The Price Is Right For Organigram Holdings Inc. (TSE:OGI)

May 25, 2023 | uk.finance.yahoo.com

OGI - Organigram Holdings Inc.

May 23, 2023 | msn.com

Organigram To Enter German Cannabis Market Via Sanity Group

May 23, 2023 | finance.yahoo.com

Agra Ventures Announces Receipt of Earnout Milestone Payment

May 23, 2023 | finance.yahoo.com

Organigram to Enter German Market Supplying Sanity Group

May 15, 2023 | msn.com

Organigram Is The Best Cannabis Stock

May 10, 2023 | msn.com

Organigram Is Almost There

April 22, 2023 | theglobeandmail.com

Closing Bell: Organigram Holdings Inc flat on Friday (OGI)

See More Headlines

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Company Calendar

Today: 12/08/2023
Next Earnings (Estimated): 1/11/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Drug Manufacturers - Specialty & Generic
Sub-Industry: Cannabis
Sector: Medical
Current Symbol: TSE:OGI
CUSIP: N/A
CIK: N/A
Web: www.organigram.ca
Phone: 844-644-4726
Fax: N/A
Employees: 923
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$3.36
High Stock Price Target: C$6.50
Low Stock Price Target: C$1.50
Potential Upside/Downside: +83.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($2.36)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 31.25
P/E Growth: 0.42
Net Income: C$-221,750,000.00
Net Margins: -137.67%
Pretax Margin: N/A
Return on Equity: -54.53%
Return on Assets: -5.56%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 4.54
Quick Ratio: 2.62

Sales & Book Value

Annual Sales: C$161.08 million
Price / Sales: 0.92
Cash Flow: C$0.47 per share
Price / Cash Flow: 3.85
Book Value: C$3.75 per share
Price / Book: 0.49

Miscellaneous

Outstanding Shares: 81,160,000
Free Float: N/A
Market Cap: C$148.52 million
Optionable: Not Optionable
Beta: 1.48

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Key Executives

Ms. Beena G. Goldenberg (Age 60)
CEO & Director
Comp: $585.53k
Mr. Paolo De Luca C.A. (Age 50)
C.F.A, Chief Strategy Officer & Interim CFO
Comp: $395.52k
Ms. Helen Martin (Age 45)
Chief Legal Officer & Corporate Secretary
Comp: $390.53k
Mr. Timothy Emberg
Chief Commercial Officer
Ms. Nathalie Batten
Vice President of Operations
Mr. Geoff Riggs
Chief Information Officer
Max Schwartz
Director of Investor Relations
Ms. Megan Amber McCrae
Senior Vice President of Marketing & Communications
Ms. Katrina May McFadden
Chief People Officer
Mr. Gregory Engel (Age 58)
Special Advisor
Comp: $589.16k

Key Competitors

View All Competitors

OGI Stock Analysis - Frequently Asked Questions

Should I buy or sell Organigram stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Organigram in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OGI shares.
View OGI analyst ratings or view top-rated stocks.
What is Organigram's stock price target for 2024?: 1 equities research analysts have issued twelve-month price targets for Organigram's stock. Their OGI share price targets range from C$1.50 to C$6.50. On average, they predict the company's stock price to reach C$3.36 in the next twelve months. This suggests a possible upside of 86.5% from the stock's current price.
View analysts price targets for OGI or view top-rated stocks among Wall Street analysts.
How have OGI shares performed in 2023?: Organigram's stock was trading at C$1.10 at the beginning of the year. Since then, OGI stock has increased by 63.6% and is now trading at C$1.80.
View the best growth stocks for 2023 here.
When is Organigram's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 11th 2024.
View our OGI earnings forecast.

What other stocks do shareholders of Organigram own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Organigram investors own include Aurora Cannabis (ACB), Innovative Industrial Properties (IIPR), Aurora Cannabis (ACB), Canopy Growth (WEED), Aphria (APHA), Aurora Cannabis (ACBFF), Green Organic Dutchman (TGOD), Charlotte's Web (CWBHF) and CannTrust (CTST).
How do I buy shares of Organigram?: Shares of OGI 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.

This page (TSE:OGI) was last updated on 12/8/2023 by MarketBeat.com Staff

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