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Green Thumb Industries (GTBIF) Stock Forecast & Price Target

Green Thumb Industries logo
$7.93 +0.23 (+2.99%)
(As of 12/20/2024 05:55 PM ET)

Green Thumb Industries - Analysts' Recommendations and Stock Price Forecast (2025)

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 Rating

Sell
0
Hold
0
Buy
5

Based on 5 Wall Street analysts who have issued ratings for Green Thumb Industries in the last 12 months, the stock has a consensus rating of "Strong Buy." Out of the 5 analysts, 2 have given a buy rating, and 3 have given a strong buy rating for GTBIF.

Consensus Price Target

$16.50
108.07% Upside
According to the 5 analysts' twelve-month price targets for Green Thumb Industries, the average price target is $16.50. The highest price target for GTBIF is $17.00, while the lowest price target for GTBIF is $16.00. The average price target represents a forecasted upside of 108.07% from the current price of $7.93.
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GTBIF Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
3 Strong Buy rating(s)
3 Strong Buy rating(s)
2 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$16.50$16.50$16.50$20.00
Forecasted Upside108.07% Upside76.66% Upside62.34% Upside88.68% Upside
Consensus Rating
Strong Buy
Strong Buy
Buy
Moderate Buy

GTBIF Analyst Recommendations 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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GTBIF 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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Green Thumb Industries Stock vs. The Competition

TypeGreen Thumb IndustriesMedical CompaniesS&P 500
Consensus Rating Score
3.60
2.81
2.51
Consensus RatingStrong BuyModerate BuyModerate Buy
Predicted Upside108.07% Upside25,828.93% Upside14.52% Upside
News Sentiment Rating
Neutral News

See Recent GTBIF News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/10/2024Roth Capital
2 of 5 stars
W. Kirk
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UpgradeStrong-Buy
9/16/2024Craig Hallum
3 of 5 stars
E. Lauriers
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UpgradeStrong-Buy
8/6/2024Ventum Cap Mkts
0 of 5 stars
A. Semple
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UpgradeStrong-Buy
5/10/2024Wedbush
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 Boost TargetOutperform ➝ Outperform$15.00 ➝ $16.00+24.90%
5/9/2024Needham & Company LLC
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 Boost TargetBuy ➝ Buy$15.50 ➝ $17.00+170,000,000.00%
11/28/2023Atb Cap Markets
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F. Gomes
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Reiterated RatingOutperform
8/9/2023Alliance Global Partners
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 Lower TargetC$21.00 ➝ C$19.00
7/31/2023Stifel Nicolaus
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 Lower TargetC$30.00 ➝ C$22.00
3/1/2023Benchmark
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 Reiterated RatingBuy$18.00+116.87%
3/1/2023Cantor Fitzgerald
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 Lower TargetOverweight$32.00 ➝ $30.00+261.45%
2/27/2023Piper Sandler
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 DowngradeOverweight ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:02 PM ET.


GTBIF Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Green Thumb Industries is $16.50, with a high forecast of $17.00 and a low forecast of $16.00.

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Green Thumb Industries in the last twelve months. There are currently 2 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" GTBIF shares.

According to analysts, Green Thumb Industries's stock has a predicted upside of 108.07% based on their 12-month stock forecasts.

Over the previous 90 days, Green Thumb Industries's stock had 1 upgrade by analysts.

Green Thumb Industries has been rated by research analysts at Roth Capital in the past 90 days.

Analysts like Green Thumb Industries more than other "medical" companies. The consensus rating for Green Thumb Industries is Strong Buy while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how GTBIF compares to other companies.


This page (OTCMKTS:GTBIF) was last updated on 12/21/2024 by MarketBeat.com Staff
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