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Canopy Growth (CGC) Competitors

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$1.61 -0.06 (-3.59%)
Closing price 04:00 PM Eastern
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$1.61 0.00 (0.00%)
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CGC vs. ABCL, REPL, COLL, RCKT, EOLS, PHVS, AVBP, COGT, OCS, and BCYC

Should you be buying Canopy Growth stock or one of its competitors? The main competitors of Canopy Growth include AbCellera Biologics (ABCL), Replimune Group (REPL), Collegium Pharmaceutical (COLL), Rocket Pharmaceuticals (RCKT), Evolus (EOLS), Pharvaris (PHVS), ArriVent BioPharma (AVBP), Cogent Biosciences (COGT), Oculis (OCS), and Bicycle Therapeutics (BCYC). These companies are all part of the "pharmaceutical products" industry.

Canopy Growth vs.

Canopy Growth (NASDAQ:CGC) and AbCellera Biologics (NASDAQ:ABCL) are both small-cap medical companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, dividends, community ranking, earnings, institutional ownership, risk and profitability.

3.3% of Canopy Growth shares are owned by institutional investors. Comparatively, 61.4% of AbCellera Biologics shares are owned by institutional investors. 1.3% of Canopy Growth shares are owned by company insiders. Comparatively, 28.0% of AbCellera Biologics shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Canopy Growth presently has a consensus price target of $2.00, indicating a potential upside of 23.84%. AbCellera Biologics has a consensus price target of $8.33, indicating a potential upside of 162.47%. Given AbCellera Biologics' stronger consensus rating and higher probable upside, analysts plainly believe AbCellera Biologics is more favorable than Canopy Growth.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canopy Growth
2 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
AbCellera Biologics
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Canopy Growth has a beta of 0.86, meaning that its stock price is 14% less volatile than the S&P 500. Comparatively, AbCellera Biologics has a beta of 0.42, meaning that its stock price is 58% less volatile than the S&P 500.

In the previous week, AbCellera Biologics had 7 more articles in the media than Canopy Growth. MarketBeat recorded 9 mentions for AbCellera Biologics and 2 mentions for Canopy Growth. AbCellera Biologics' average media sentiment score of 0.64 beat Canopy Growth's score of 0.03 indicating that AbCellera Biologics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canopy Growth
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
AbCellera Biologics
3 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

AbCellera Biologics received 34 more outperform votes than Canopy Growth when rated by MarketBeat users. Likewise, 76.06% of users gave AbCellera Biologics an outperform vote while only 19.23% of users gave Canopy Growth an outperform vote.

CompanyUnderperformOutperform
Canopy GrowthOutperform Votes
20
19.23%
Underperform Votes
84
80.77%
AbCellera BiologicsOutperform Votes
54
76.06%
Underperform Votes
17
23.94%

AbCellera Biologics has lower revenue, but higher earnings than Canopy Growth. AbCellera Biologics is trading at a lower price-to-earnings ratio than Canopy Growth, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canopy Growth$220.27M1.14-$487.23M-$3.80-0.43
AbCellera Biologics$38.03M24.66-$146.40M-$0.61-5.20

Canopy Growth has a net margin of -156.98% compared to AbCellera Biologics' net margin of -533.32%. AbCellera Biologics' return on equity of -15.73% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Canopy Growth-156.98% -56.52% -24.18%
AbCellera Biologics -533.32%-15.73%-12.22%

Summary

AbCellera Biologics beats Canopy Growth on 14 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CGC vs. The Competition

MetricCanopy GrowthMedicinals & botanicals IndustryMedical SectorNASDAQ Exchange
Market Cap$250.99M$1.19B$5.81B$9.11B
Dividend YieldN/AN/A5.28%3.98%
P/E Ratio-0.4338.5225.8019.06
Price / Sales1.145.73470.9879.29
Price / CashN/A10.3945.1138.24
Price / Book0.591.947.615.12
Net Income-$487.23M-$53.22M$3.19B$246.04M
7 Day Performance-14.55%-3.74%-0.16%-0.63%
1 Month Performance-25.92%-1.85%3.12%0.31%
1 Year Performance-54.38%-10.71%19.07%15.28%

Canopy Growth Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGC
Canopy Growth
1.8287 of 5 stars
$1.61
-3.6%
$2.00
+24.2%
-56.3%$259.54M$276.75M-0.421,029News Coverage
ABCL
AbCellera Biologics
2.7808 of 5 stars
$3.27
+4.1%
$8.33
+154.8%
-35.0%$965.86M$38.03M-5.36500Upcoming Earnings
News Coverage
REPL
Replimune Group
4.2308 of 5 stars
$14.10
-1.3%
$19.29
+36.8%
+78.3%$964.72MN/A-4.62210Analyst Revision
COLL
Collegium Pharmaceutical
3.866 of 5 stars
$29.66
-4.3%
$43.60
+47.0%
-8.2%$956.54M$566.77M12.78210Upcoming Earnings
News Coverage
RCKT
Rocket Pharmaceuticals
4.5564 of 5 stars
$10.47
+3.5%
$47.27
+351.5%
-63.6%$954.45MN/A-3.81240
EOLS
Evolus
4.0168 of 5 stars
$14.74
-2.0%
$23.67
+60.6%
+10.1%$933.34M$202.09M-16.20170
PHVS
Pharvaris
2.3104 of 5 stars
$17.27
-0.6%
$40.50
+134.5%
-37.4%$903.05MN/A-6.1730Positive News
AVBP
ArriVent BioPharma
1.2532 of 5 stars
$26.60
-0.9%
$37.40
+40.6%
+20.6%$896.34MN/A0.0040
COGT
Cogent Biosciences
1.4399 of 5 stars
$8.03
-1.8%
$14.33
+78.5%
-10.4%$886.99MN/A-3.2480
OCS
Oculis
2.8055 of 5 stars
$21.59
0.0%
$28.80
+33.4%
+68.9%$874.40M$980,000.00-11.192
BCYC
Bicycle Therapeutics
2.9263 of 5 stars
$12.55
+0.5%
$33.25
+164.9%
-45.5%$866.58M$26.98M-3.81240

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This page (NASDAQ:CGC) was last updated on 2/20/2025 by MarketBeat.com Staff
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