TSE:WEED Canopy Growth (WEED) Stock Price, News & Analysis → They said crypto was dead. It went up 100X. (From InvestorPlace) (Ad) Free WEED Stock Alerts C$5.03 +0.85 (+20.33%) (As of 03/18/2024 ET) Add Compare Share Share Today's RangeC$4.24▼C$5.6050-Day RangeC$3.75▼C$6.7352-Week RangeC$3.74▼C$27.70Volume5.17 million shsAverage Volume1.17 million shsMarket CapitalizationC$458.28 millionP/E RatioN/ADividend Yield4.80%Price TargetC$3.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Get Canopy Growth alerts: Email Address Canopy Growth MarketRank™ Stock AnalysisAnalyst RatingReduce1.50 Rating ScoreUpside/Downside36.4% DownsideC$3.20 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.40Based on 8 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.15 out of 5 stars 0.8 Analyst's Opinion Consensus RatingCanopy Growth has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$3.20, Canopy Growth has a forecasted downside of 36.4% from its current price of C$5.03.Amount of Analyst CoverageCanopy Growth has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for WEED. Previous Next 1.7 Dividend Strength Dividend LeadershipCanopy Growth is a leading dividend payer. It pays a dividend yield of 4.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanopy Growth 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 WEED. Previous Next 1.9 News and Social Media Coverage News SentimentCanopy Growth has a news sentiment score of 0.40. 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 lower news sentiment than the 0.64 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Canopy Growth this week, compared to 5 articles on an average week.Search InterestOnly 5 people have searched for WEED on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canopy Growth insiders have not sold or bought any company stock.Percentage Held by Insiders19.04% of the stock of Canopy Growth is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.91% of the stock of Canopy Growth is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canopy Growth is -0.24, 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 Canopy Growth is -0.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioDue to a projected decrease in earnings for Canopy Growth, their PEG ratio cannot be calculated.Price to Book Value per Share RatioCanopy Growth has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingAI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… ]click here to watch a free presentation where I reveal all the details of this lucrative opportunit About Canopy Growth Stock (TSE:WEED)Canopy Growth Corporation, together with its subsidiaries, engages in growing, possession, and sale of medical cannabis in Canada. Its products include dried flowers, oils and concentrates, softgel capsules, and hemps. The company offers its products under the Tweed, Black Label, Spectrum Cannabis, DNA Genetics, Leafs By Snoop, CraftGrow, and Foria brand names. It also offers its products through Tweed Main Street, a single online platform that enables registered patients to purchase medicinal cannabis from various producers across various brands. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada to investigate the efficacy of cannabinoids for the treatment of post-concussion neurological diseases in former NHL players; and partnership with Parent Action on Drugs. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.Read More WEED Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WEED Stock News HeadlinesMarch 18, 2024 | msn.comWhat's Going On With Marijuana Stocks Tilray And Canopy Growth?March 15, 2024 | fool.caIs the Worst Over for Canopy Growth Stock?March 18, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.March 15, 2024 | ca.finance.yahoo.comCannabis retailer High Tide buys pot brand Queen of Bud's IP for $1MMarch 14, 2024 | msn.comA cannabis tax will be on Stanislaus County’s November ballot. Here’s what it would mean.March 14, 2024 | finance.yahoo.comINDEPENDENT PROXY ADVISOR, GLASS LEWIS, RECOMMENDS CANOPY GROWTH SHAREHOLDERS VOTE FOR THE CREATION OF EXCHANGEABLE SHARES TO FURTHER THE ADVANCEMENT OF CANOPY USAMarch 13, 2024 | finance.yahoo.comCANNABIS INDUSTRY MOGULS MEET IN MIAMI FOR BENZINGA CONFERENCEMarch 11, 2024 | finance.yahoo.comCANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHARESMarch 18, 2024 | Crypto 101 Media (Ad)Like Tiny Crypto Retirement FundsThe crypto bull market is about to blast off. Bitcoin and Ethereum are surging. But so are tiny altcoins that could be so profitable… They're like tiny crypto retirement funds. March 4, 2024 | benzinga.comWana Brands CEO Spearheads International Expansion In Cannabis Edible MarketMarch 1, 2024 | barrons.comCanopy Growth Corp.February 28, 2024 | ca.finance.yahoo.comCanopy Growth Corporation (WEED.TO)February 25, 2024 | investing.comCanopy Growth unveils new cannabis pre-roll productsFebruary 22, 2024 | msn.comNew Products Can’t Keep Canopy Growth (TSE:WEED) Up for LongFebruary 22, 2024 | ca.finance.yahoo.comStocks in play: Canopy Growth CorpFebruary 22, 2024 | fool.caForget Canopy Growth: 3 Utility Stocks to Buy InsteadFebruary 22, 2024 | finanznachrichten.deCanopy Growth Corporation: Canopy Growth Launches New Pre-rolls From 7acres And HiwayFebruary 15, 2024 | finance.yahoo.comCanopy Growth Corporation: Canopy's Financial Performance Improving, but Repeated Dilution Continues to Destroy ValueFebruary 13, 2024 | finance.yahoo.comCanopy Growth Corporation (11L.F)February 13, 2024 | finance.yahoo.comAnalysts Have Been Trimming Their Canopy Growth Corporation (TSE:WEED) Price Target After Its Latest ReportFebruary 12, 2024 | msn.com“More Consolidation Ahead,” Says Canopy Growth (TSE:WEED)February 12, 2024 | baystreet.caCanopy Growth Reports Net Loss Of $216.8 MillionFebruary 11, 2024 | msn.comCannabis company Canopy Growth reports $216.8M Q3 net lossFebruary 9, 2024 | msn.comCanadian cannabis giant Canopy Growth seeks shareholder approval to speed up entry into U.S. marketFebruary 9, 2024 | theglobeandmail.comCanopy Growth reports smaller quarterly loss on lower costs, uptick in Canadian businessFebruary 9, 2024 | theglobeandmail.comStocks in play: Canopy Growth CorporationFebruary 9, 2024 | finance.yahoo.comCanopy Growth CEO talks cannabis sales, regulationSee More Headlines Receive WEED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canopy Growth and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE SectorMedical Industry Drug Manufacturers - Specialty & Generic Sub-IndustryCannabis Current SymbolTSE:WEED CUSIPN/A CIKN/A Webwww.canopygrowth.com Phone+1-613-5999600FaxN/AEmployees2,700Year FoundedN/APrice Target and Rating Average Stock Price TargetC$3.20 High Stock Price TargetC$6.70 Low Stock Price TargetC$0.50 Potential Upside/Downside-36.4%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C($21.30) Trailing P/E RatioN/A Forward P/E RatioN/A P/E Growth-0.01Net IncomeC$-1,180,000,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-121.56% Return on Assets-8.89% Debt Debt-to-Equity Ratio127.28 Current Ratio1.79 Quick Ratio2.32 Sales & Book Value Annual SalesC$362.24 million Price / Sales1.27 Cash FlowC$3.08 per share Price / Cash Flow1.63 Book ValueC$6.57 per share Price / Book0.77Miscellaneous Outstanding Shares91,110,000Free FloatN/AMarket CapC$458.28 million OptionableNot Optionable Beta1.63 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Bruce A. Linton (Age 52)Co-Founder, Chairman & Co-CEO Mr. Mark Anthony Nicholas ZekulinPres & Co-CEOMr. Timothy Rob SaundersExec. OfficerMr. Rade KovacevicExec. VPMr. Mike LeeActing Chief Financial OfficerKey CompetitorsOrganigramTSE:OGIICC LabsCVE:ICCLeaf MobileTSE:LEAFSupreme CannabisTSE:FIREESSA PharmaCVE:EPIView All CompetitorsInsidersDavid Angelo LazzaratoSold 38,502 sharesTotal: C$31,186.62 ($0.81/share)David Eric KleinSold 18,775 sharesTotal: C$9,763.00 ($0.52/share)Judy Eun Joo HongSold 1,087 sharesTotal: C$565.24 ($0.52/share)Thomas Carlton StewartSold 19,667 sharesTotal: C$12,193.54 ($0.62/share)David Angelo LazzaratoSold 3,872 sharesTotal: C$2,400.64 ($0.62/share)View All Insider Transactions WEED Stock Analysis - Frequently Asked Questions Should I buy or sell Canopy Growth stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canopy Growth in the last twelve months. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" WEED shares. View WEED analyst ratings or view top-rated stocks. What is Canopy Growth's stock price target for 2024? 4 brokerages have issued twelve-month target prices for Canopy Growth's shares. Their WEED share price targets range from C$0.50 to C$6.70. On average, they anticipate the company's stock price to reach C$3.20 in the next year. This suggests that the stock has a possible downside of 36.4%. View analysts price targets for WEED or view top-rated stocks among Wall Street analysts. How have WEED shares performed in 2024? Canopy Growth's stock was trading at C$6.76 on January 1st, 2024. Since then, WEED stock has decreased by 25.6% and is now trading at C$5.03. View the best growth stocks for 2024 here. What other stocks do shareholders of Canopy Growth own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canopy Growth investors own include Aurora Cannabis (ACB), Aphria (APHA), Auxly Cannabis Group (CBWTF), KushCo (KSHB), Cronos Group (CRON), Aurora Cannabis (ACBFF), GW Pharmaceuticals (GWPH) and Alibaba Group (BABA). How do I buy shares of Canopy Growth? Shares of WEED 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:WEED) was last updated on 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingBill Gates Bets on $15 Trillion BonanzaWeiss RatingsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Canopy Growth Corp Please log in to your account or sign up in order to add this asset to your watchlist. 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