Canopy Growth (CGC) stock forecast for 2023

The forecast has been updated: November 26, 2023 11:30


Canopy Growth stock price online today

Analyst Target Price

1.44

Dividend Date

-

Ex Dividend Date

-

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Canopy Growth stock stock today? What is the projected target price level for 2023? How much will it cost in 2023? Canopy Growth stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $1.44 target price for Canopy Growth stock stock.

Today 200 Day Moving Average is the resistance level (1.662 $).

50 Day Moving Average is the support level (0.447 $).




CGC Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Dec 0.43 0.40 0.45 12.07 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Canopy Growth stock.


Canopy Growth overview

Canopy Growth Address

1 HERSHEY DRIVE, SMITH FALLS, ON, CA

Market Capitalization

394 501 000 $

EBITDA

-362 624 000

PE Ratio

None

PEG Ratio

None

Dividend Per Share

0

Dividend Yield

0

EPS

-1.69

Quarterly Earnings Growth YOY

0

Quarterly Revenue Growth YOY

0.026

Trailing PE

-

Forward PE

-

EV To Revenue

3.425

EV To EBITDA

-0.589

52 Week High

4.77

52 Week Low

0.346

50 Day Moving Average

0.447

200 Day Moving Average

1.662

Shares Outstanding

717274000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Canopy Growth stock forecast for this year


Canopy Growth stock forecast for Dec 2023.
Estimated Average Forecasted Canopy Growth Price: 0.43. Positive monthly dynamics of the instrument is expected with 12.075% volatility is expected.

Pessimistic forecast: 0.40

Optimistic: 0.45



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