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Canopy Growth (CGC) Competitors

Canopy Growth logo
$2.18 -0.07 (-3.11%)
As of 01/17/2025 04:00 PM Eastern

CGC vs. BCYC, NTLA, ZYME, RCKT, GYRE, PSTX, ADPT, OCS, AVXL, and NUVB

Should you be buying Canopy Growth stock or one of its competitors? The main competitors of Canopy Growth include Bicycle Therapeutics (BCYC), Intellia Therapeutics (NTLA), Zymeworks (ZYME), Rocket Pharmaceuticals (RCKT), Gyre Therapeutics (GYRE), Poseida Therapeutics (PSTX), Adaptive Biotechnologies (ADPT), Oculis (OCS), Anavex Life Sciences (AVXL), and Nuvation Bio (NUVB). These companies are all part of the "pharmaceutical products" industry.

Canopy Growth vs.

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

Canopy Growth has a net margin of -186.17% compared to Bicycle Therapeutics' net margin of -450.64%. Bicycle Therapeutics' return on equity of -27.35% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Canopy Growth-186.17% -74.29% -29.94%
Bicycle Therapeutics -450.64%-27.35%-20.81%

Canopy Growth presently has a consensus target price of $3.50, indicating a potential upside of 60.55%. Bicycle Therapeutics has a consensus target price of $34.50, indicating a potential upside of 158.62%. Given Bicycle Therapeutics' stronger consensus rating and higher probable upside, analysts clearly believe Bicycle Therapeutics is more favorable than Canopy Growth.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canopy Growth
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.33
Bicycle Therapeutics
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.78

In the previous week, Bicycle Therapeutics had 17 more articles in the media than Canopy Growth. MarketBeat recorded 18 mentions for Bicycle Therapeutics and 1 mentions for Canopy Growth. Canopy Growth's average media sentiment score of 0.75 beat Bicycle Therapeutics' score of 0.46 indicating that Canopy Growth is being referred to more favorably in the media.

Company Overall Sentiment
Canopy Growth Positive
Bicycle Therapeutics Neutral

Bicycle Therapeutics has lower revenue, but higher earnings than Canopy Growth. Bicycle Therapeutics 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$220.27M1.08-$487.23M-$4.93-0.44
Bicycle Therapeutics$26.98M34.14-$180.66M-$3.29-4.05

Bicycle Therapeutics received 118 more outperform votes than Canopy Growth when rated by MarketBeat users. Likewise, 70.41% of users gave Bicycle Therapeutics 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%
Bicycle TherapeuticsOutperform Votes
138
70.41%
Underperform Votes
58
29.59%

Canopy Growth has a beta of 0.87, suggesting that its stock price is 13% less volatile than the S&P 500. Comparatively, Bicycle Therapeutics has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500.

3.3% of Canopy Growth shares are held by institutional investors. Comparatively, 86.2% of Bicycle Therapeutics shares are held by institutional investors. 1.3% of Canopy Growth shares are held by company insiders. Comparatively, 8.5% of Bicycle Therapeutics shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Bicycle Therapeutics 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$266.91M$1.19B$5.24B$9.00B
Dividend YieldN/AN/A5.13%4.03%
P/E Ratio-0.4423.4665.3814.27
Price / Sales1.085.721,272.1186.92
Price / CashN/A9.9643.8235.97
Price / Book0.592.045.324.80
Net Income-$487.23M-$53.10M$122.68M$224.91M
7 Day Performance-11.02%-1.14%-0.21%1.47%
1 Month Performance-22.97%-1.05%3.72%4.66%
1 Year Performance-50.90%-6.03%27.18%20.83%

Canopy Growth Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGC
Canopy Growth
3.3669 of 5 stars
$2.18
-3.1%
$3.50
+60.6%
-53.4%$266.91M$220.27M-0.441,029Short Interest ↓
BCYC
Bicycle Therapeutics
3.283 of 5 stars
$15.00
+12.7%
$34.50
+130.0%
-26.8%$1.04B$36.90M-4.56240Short Interest ↑
Analyst Revision
Gap Up
NTLA
Intellia Therapeutics
4.5 of 5 stars
$9.91
-2.8%
$51.56
+420.3%
-63.1%$1.01B$43.09M-1.82600Analyst Forecast
News Coverage
ZYME
Zymeworks
3.8324 of 5 stars
$13.96
+5.6%
$19.17
+37.3%
+32.3%$961.54M$62.20M-9.31290Insider Trade
RCKT
Rocket Pharmaceuticals
4.5105 of 5 stars
$10.43
-6.4%
$47.27
+353.2%
-62.2%$950.77MN/A-3.79240News Coverage
GYRE
Gyre Therapeutics
0.2283 of 5 stars
$10.02
+0.3%
N/A-52.6%$937.08M$105.03M0.0040Short Interest ↑
News Coverage
PSTX
Poseida Therapeutics
3.6918 of 5 stars
$9.50
flat
$9.50
N/A$928.85M$150.86M-15.08260
ADPT
Adaptive Biotechnologies
2.6104 of 5 stars
$6.24
-4.0%
$6.75
+8.2%
+68.1%$920.89M$177.28M-4.66790Gap Down
OCS
Oculis
2.4179 of 5 stars
$22.32
+5.5%
$28.80
+29.0%
+104.5%$904.05M$980,000.00-11.562Short Interest ↑
Gap Up
AVXL
Anavex Life Sciences
3.6903 of 5 stars
$10.56
-6.0%
$44.00
+316.7%
+52.2%$895.66MN/A-21.1240Positive News
NUVB
Nuvation Bio
2.3621 of 5 stars
$2.64
-5.0%
$7.40
+180.3%
+65.9%$888.54M$2.16M-1.2260Short Interest ↑
Gap Down

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This page (NASDAQ:CGC) was last updated on 1/18/2025 by MarketBeat.com Staff
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