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Canopy Growth (WEED) Stock Forecast & Price Target

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Canopy Growth - 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
2
Hold
2
Buy
0

Consensus Price Target

C$7.12
N/A
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WEED Analyst Ratings Over Time

TypeCurrent Forecast
12/5/23 to 12/4/24
1 Month Ago
11/5/23 to 11/4/24
3 Months Ago
9/6/23 to 9/5/24
1 Year Ago
12/5/22 to 12/5/23
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)
0 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
Consensus Price TargetC$7.12C$7.12C$6.45C$1.56
Forecasted UpsideN/A-7.07% Downside0.84% Upside73.56% Upside
Consensus Rating
Reduce
Reduce
Reduce
Reduce

WEED 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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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
2.81
Consensus RatingReduceModerate Buy
News Sentiment Rating
Positive News

See Recent WEED News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/12/2024Canaccord Genuity Group
4 of 5 stars
 Lower TargetSellC$5.00 ➝ C$3.50-60.23%
6/18/2024ATB Capital
4 of 5 stars
 Set TargetSector PerformC$10.00+2.88%
6/11/2024Jefferies Financial Group
2 of 5 stars
 Boost TargetHoldC$4.90 ➝ C$10.63+6.94%
6/4/2024Alliance Global Partners
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 Boost TargetC$6.00 ➝ C$11.00+3.38%
5/31/2024CIBC
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 Lower TargetUnderperformC$4.50 ➝ C$4.00-65.46%
2/14/2024Bank of America
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 Lower TargetC$7.00 ➝ C$4.00-15.43%
1/30/2024Sanford C. Bernstein
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 Boost TargetC$1.49 ➝ C$6.70+4.04%
9/15/2023TD Securities
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 Boost TargetC$0.70 ➝ C$1.80-1.10%
2/10/2023Benchmark
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 Set TargetC$2.00-32.66%
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:52 AM ET.


WEED Forecast - Frequently Asked Questions

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Canopy Growth is C$7.12, with a high forecast of C$11.00 and a low forecast of C$3.50.

4 Wall Street research 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 research analysts is that investors should "reduce" WEED shares.

According to analysts, Canopy Growth's stock has a predicted upside of ∞ based on their 12-month stock forecasts.

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.


This page (TSE:WEED) was last updated on 12/4/2024 by MarketBeat.com Staff
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