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NVDA   445.89 (+2.51%)
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AMZN   128.87 (+1.38%)
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NVDA   445.89 (+2.51%)
NIO   8.75 (-3.21%)
BABA   86.17 (-0.66%)
AMD   102.31 (-0.50%)
T   14.69 (-2.20%)
F   12.26 (-1.29%)
MU   67.45 (-0.85%)
CGC   0.73 (-6.50%)
GE   108.59 (-1.77%)
DIS   81.29 (+0.30%)
AMC   8.09 (+1.25%)
PFE   33.71 (+1.63%)
PYPL   58.42 (-0.07%)
NFLX   379.88 (+0.60%)
TSE:WEED

Canopy Growth (WEED) Price Target & Analyst Ratings

C$1.00
-0.05 (-4.76%)
(As of 02:27 PM ET)
Compare
Today's Range
C$0.98
C$1.10
50-Day Range
C$0.51
C$2.30
52-Week Range
C$0.46
C$6.44
Volume
5.03 million shs
Average Volume
4.60 million shs
Market Capitalization
C$755.66 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$1.89

Canopy Growth Consensus Rating and Price Target (2023)

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 Analyst Rating

Reduce
Based on 4 Analyst Ratings

Consensus Analyst Price Target

C$1.67
67.30% Upside
High PredictionC$3.00
Average PredictionC$1.67
Low PredictionC$0.59
TypeCurrent
10/2/22 to 10/2/23
1 Month Ago
9/2/22 to 9/2/23
3 Months Ago
7/4/22 to 7/4/23
1 Year Ago
10/2/21 to 10/2/22
Consensus Rating
Reduce
Reduce
Reduce
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
6 Sell rating(s)
Consensus Price TargetC$1.67C$1.94C$2.16C$7.26
Predicted Upside67.30% Upside-30.25% Downside-26.77% Downside6.24% Upside
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WEED Analyst Ratings 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.
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WEED 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.
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Canopy Growth Stock vs. The Competition

TypeCanopy GrowthMedical Companies
Consensus Rating Score
1.50
2.66
Consensus RatingReduceModerate Buy
News Sentiment RatingPositive News
Positive News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/2/2023Alliance Global Partners
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 Boost TargetC$0.60 ➝ C$1.30+28.71%
9/18/2023Sanford C. Bernstein
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 Lower TargetMarket PerformC$2.10 ➝ C$1.49-5.10%
9/15/2023Bank of America
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 Boost TargetUnderperformC$0.56 ➝ C$0.65-64.29%
9/15/2023TD Securities
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 Boost TargetC$0.70 ➝ C$1.80-1.10%
8/16/2023Jefferies Financial Group
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 Lower TargetC$0.61 ➝ C$0.59+11.32%
2/10/2023Benchmark
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 Set TargetC$2.00-32.66%
2/10/2023Canaccord Genuity Group
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 Lower TargetC$5.00 ➝ C$3.00+1.01%
2/10/2023CIBC
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 Lower TargetUnderperformC$2.50 ➝ C$1.75-41.08%
2/10/2023Eight Capital
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 Lower TargetC$2.75 ➝ C$1.75-41.08%
2/10/2023Stifel Nicolaus
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 Lower TargetC$2.90 ➝ C$2.40-19.19%
(Data available from 10/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












WEED Price Target - Frequently Asked Questions

What is Canopy Growth's consensus rating and price target?

According to the issued ratings of 4 analysts in the last year, the consensus rating for Canopy Growth stock is Reduce based on the current 2 sell ratings and 2 hold ratings for WEED. The average twelve-month price prediction for Canopy Growth is C$1.67 with a high price target of C$3.00 and a low price target of C$0.59. Learn more on WEED's analyst rating history.

Do Wall Street analysts like Canopy Growth more than its competitors?

Analysts like Canopy Growth less than other Medical companies. The consensus rating for Canopy Growth is Reduce while the average consensus rating for medical companies is Moderate Buy. Learn more on how WEED compares to other companies.

Does Canopy Growth's stock price have much downside?

According to analysts, Canopy Growth's stock has a predicted downside of -26.62% based on their 12-month price targets.

What analysts cover Canopy Growth?

Canopy Growth has been rated by Alliance Global Partners, Bank of America, Jefferies Financial Group, Sanford C. Bernstein, and TD Securities in the past 90 days.


Stock Ratings Reports and Tools

This page (TSE:WEED) was last updated on 10/2/2023 by MarketBeat.com Staff

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