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Canopy Growth (CGC) stock forecast for 2023
The forecast has been updated: May 22, 2022 11:31
Canopy Growth stock price online today
Analyst Target Price
10.94Dividend Date
-Ex Dividend Date
-Last Split Factor
Last Split Date
01.01.1970Should 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 $10.94 target price for Canopy Growth stock stock.
Today 200 Day Moving Average is the resistance level (10.41 $).
50 Day Moving Average is the resistance level (6.42 $).
CGC Forecast for 2023
| Month | Rate Forecast | MIN Rate | MAX Rate | Volati- lity, % |
|---|---|---|---|---|
| Jan | 5.21 | 4.80 | 5.51 | 12.90 % |
| Feb | 5.42 | 5.18 | 6.00 | 13.67 % |
| Mar | 4.64 | 4.50 | 5.03 | 10.52 % |
| Apr | 4.06 | 3.93 | 4.38 | 10.16 % |
| May | 3.69 | 3.48 | 3.93 | 11.41 % |
| Jun | 3.97 | 3.85 | 4.12 | 6.65 % |
| Jul | 4.18 | 3.72 | 4.68 | 20.52 % |
| Aug | 4.58 | 4.20 | 4.87 | 13.69 % |
| Sep | 5.21 | 4.78 | 5.60 | 14.53 % |
| Oct | 4.83 | 4.63 | 4.98 | 6.99 % |
| Nov | 5.43 | 5.11 | 6.05 | 15.48 % |
| Dec | 5.11 | 4.67 | 5.47 | 14.59 % |
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, SMITHS FALLS, ON, CANADAMarket Capitalization
2 323 677 000 $EBITDA
-PE Ratio
NonePEG Ratio
NoneDividend Per Share
0Dividend Yield
0EPS
-1.05Quarterly Earnings Growth YOY
0Quarterly Revenue Growth YOY
-0.076Trailing PE
-Forward PE
-EV To Revenue
4.289EV To EBITDA
-52 Week High
26.9652 Week Low
4.8250 Day Moving Average
6.42200 Day Moving Average
10.41Shares Outstanding
394171000Shares Float
Shares Short Prior Month
Short Ratio
Percent Insiders
Percent Institutions
Canopy Growth stock forecast for this year
Canopy Growth stock forecast for Jan 2023.
Estimated Average Forecasted Canopy Growth Price: 5.21. Positive monthly dynamics of the instrument is expected with 12.896% volatility is expected.
Pessimistic forecast: 4.80
Optimistic: 5.51
Canopy Growth stock forecast for Feb 2023.
Estimated Average Forecasted Canopy Growth Price: 5.42. Positive monthly dynamics of the instrument is expected with 13.673% volatility is expected.
Pessimistic forecast: 5.18
Optimistic: 6.00
Canopy Growth stock forecast for Mar 2023.
Estimated Average Forecasted Canopy Growth Price: 4.64. Negative monthly dynamics of the instrument is expected with 10.517% volatility is expected.
Pessimistic forecast: 4.50
Optimistic: 5.03
Canopy Growth stock forecast for Apr 2023.
Estimated Average Forecasted Canopy Growth Price: 4.06. Negative monthly dynamics of the instrument is expected with 10.158% volatility is expected.
Pessimistic forecast: 3.93
Optimistic: 4.38
Canopy Growth stock forecast for May 2023.
Estimated Average Forecasted Canopy Growth Price: 3.69. Negative monthly dynamics of the instrument is expected with 11.414% volatility is expected.
Pessimistic forecast: 3.48
Optimistic: 3.93
Canopy Growth stock forecast for Jun 2023.
Estimated Average Forecasted Canopy Growth Price: 3.97. Positive monthly dynamics of the instrument is expected with 6.651% volatility is expected.
Pessimistic forecast: 3.85
Optimistic: 4.12
Canopy Growth stock forecast for Jul 2023.
Estimated Average Forecasted Canopy Growth Price: 4.18. Positive monthly dynamics of the instrument is expected with 20.519% volatility is expected.
Pessimistic forecast: 3.72
Optimistic: 4.68
Canopy Growth stock forecast for Aug 2023.
Estimated Average Forecasted Canopy Growth Price: 4.58. Positive monthly dynamics of the instrument is expected with 13.688% volatility is expected.
Pessimistic forecast: 4.20
Optimistic: 4.87
Canopy Growth stock forecast for Sep 2023.
Estimated Average Forecasted Canopy Growth Price: 5.21. Positive monthly dynamics of the instrument is expected with 14.532% volatility is expected.
Pessimistic forecast: 4.78
Optimistic: 5.60
Canopy Growth stock forecast for Oct 2023.
Estimated Average Forecasted Canopy Growth Price: 4.83. Negative monthly dynamics of the instrument is expected with 6.990% volatility is expected.
Pessimistic forecast: 4.63
Optimistic: 4.98
Canopy Growth stock forecast for Nov 2023.
Estimated Average Forecasted Canopy Growth Price: 5.43. Positive monthly dynamics of the instrument is expected with 15.485% volatility is expected.
Pessimistic forecast: 5.11
Optimistic: 6.05
Canopy Growth stock forecast for Dec 2023.
Estimated Average Forecasted Canopy Growth Price: 5.11. Negative monthly dynamics of the instrument is expected with 14.593% volatility is expected.
Pessimistic forecast: 4.67
Optimistic: 5.47