Analyst Price Target is $3.23
▲ +57.32% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Charlotte's Web in the last 3 months. The average price target is $3.23, with a high forecast of $3.45 and a low forecast of $3.00. The average price target represents a 57.32% upside from the last price of $2.05.
Current Consensus is
The current consensus among 2 polled investment analysts is to hold stock in Charlotte's Web. This rating has held steady since May 2021, when it changed from a Buy consensus rating.
Charlotte's Web Holdings, Inc. engages in the production and distribution of hemp-based, cannabinoid wellness products. It offers human ingestible products such as tinctures, capsules, and gummies, topicals, and pet products. It also markets powdered supplements, beverage, food, beauty, sport, professional and over-the-counter wellness. The company was founded by Joel Stanley and Jared Stanley in 2013 and is headquartered in Boulder, CO.