In recent trading session, Canopy Growth Corporation (NASDAQ:CGC) saw 0.68 million shares changing hands at last check today with its beta currently measuring 0.86. Company’s recent per share price level of $2.06 trading at -$0.04 or -2.14% at last check today assigns it a market valuation of $202.77M. That most recent trading price of CGC’s stock is at a discount of -624.27% from its 52-week high price of $14.92 and is indicating a premium of 3.4% from its 52-week low price of $1.99. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.78 million shares which gives us an average trading volume of 5.76 million if we extend that period to 3-months.

For Canopy Growth Corporation (CGC), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.56. Splitting up the data highlights that, out of 4 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.23 in the current quarter.

Canopy Growth Corporation (NASDAQ:CGC) trade information

Upright in the red during last session for losing -2.14%, in the last five days CGC remained trading in the red while hitting it’s week-highest on Monday, 01/27/25 when the stock touched $2.06 price level, adding 6.79% to its value on the day. Canopy Growth Corporation’s shares saw a change of -25.00% in year-to-date performance and have moved -7.43% in past 5-day. Canopy Growth Corporation (NASDAQ:CGC) showed a performance of -25.00% in past 30-days. Number of shares sold short was 9.31 million shares which calculate 1.58 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 11.02 to the stock, which implies a rise of 81.31% to its recent value today. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 27.85116355. It follows that stock’s current price would drop -288.35% in reaching the projected high whereas dropping to the targeted low would mean a loss of -288.35% for stock’s current value.

Canopy Growth Corporation (CGC) estimates and forecasts

Statistics highlight that Canopy Growth Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -72.96% of value to its shares in past 6 months, showing an annual growth rate of 18.27% while that of industry is 13.30. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -20.49% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 69.44M for the same. And 7 analysts are in estimates of company making revenue of 74.25M in the next quarter. Company posted 90.06M and 83.15M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 20.88% during past 5 years.

Canopy Growth Corporation (NASDAQ:CGC)’s Major holders

Insiders are in possession of 0.13% of company’s total shares while institution are holding 6.27 percent of that, with stock having share float percentage of 6.28%. Investors also watch the number of corporate investors in a company very closely, which is 6.27% institutions for Canopy Growth Corporation that are currently holding shares of the company. STRATEGIC INVESTMENT SOLUTIONS, INC. /IL is the top institutional holder at CGC for having 725.0 shares of worth $23222.0. And as of 2024-06-30, it was holding 0.0008 of the company’s outstanding shares.

The second largest institutional holder is TURIM 21 INVESTIMENTOS LTDA., which was holding about 230.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.0003 of outstanding shares, having a total worth of $1484.0.

On the other hand, Amplify ETF Tr-Amplify Alternative Harvest ETF and AdvisorShares Trust-AdvisorShares Pure Cannabis ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 2.01 shares of worth $4.14 million or 1.54% of the total outstanding shares. The later fund manager was in possession of 90.92 shares on Nov 30, 2024, making its stake of worth around $0.19 million in the company or a holder of 0.07% of company’s stock.