Canopy Growth - WEED Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$7.26
  • Forecasted Upside: 93.73 %
  • Number of Analysts: 13
  • Breakdown:
  • 6 Sell Ratings
  • 5 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$3.75
▼ -0.07 (-1.83%)

This chart shows the closing price for WEED by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Canopy Growth Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for WEED and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for WEED

Analyst Price Target is C$7.26
▲ +93.73% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Canopy Growth in the last 3 months. The average price target is C$7.26, with a high forecast of C$22.00 and a low forecast of C$2.50. The average price target represents a 93.73% upside from the last price of C$3.75.

This chart shows the closing price for WEED for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 13 contributing investment analysts is to hold stock in Canopy Growth. This rating has held steady since April 2021, when it changed from a Sell consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 4 sell ratings
4/8/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 3 sell ratings
7/7/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 3 sell ratings
10/5/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 6 sell ratings
1/3/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 5 sell ratings
4/3/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 6 sell ratings
7/2/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 6 sell ratings
8/31/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 6 sell ratings
9/30/2022

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 6 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/30/2022BarclaysLower TargetEqual WeightC$2.75
8/12/2022Jefferies Financial GroupLower TargetC$5.50 ➝ C$4.20
8/8/2022Eight CapitalLower TargetSellC$4.00 ➝ C$2.75
7/19/2022CowenLower TargetHoldC$3.40
7/19/2022CowenLower TargetC$6.50 ➝ C$3.40
7/4/2022CIBCLower TargetUnderperformC$5.00 ➝ C$3.00
6/29/2022WedbushLower TargetNAC$17.00 ➝ C$13.00
6/29/2022MKM PartnersReiterated RatingBuyC$13.00
6/13/2022Jefferies Financial GroupLower TargetC$8.80 ➝ C$5.50
6/8/2022BMO Capital MarketsDowngradeSellC$2.50
5/30/2022CowenLower TargetBuyC$6.50
5/30/2022CIBCLower TargetUnderperformC$6.50 ➝ C$5.00
5/30/2022CowenLower TargetC$12.50 ➝ C$6.50
5/27/2022CfraReiterated RatingHoldC$10.00
5/24/2022Canaccord Genuity GroupLower TargetC$10.00 ➝ C$6.00
5/20/2022Eight CapitalLower TargetSellC$7.00 ➝ C$5.50
5/20/2022Alliance Global PartnersDowngradeHoldC$11.00 ➝ C$8.00
5/19/2022CIBCLower TargetUnderperformC$9.00 ➝ C$6.50
5/2/2022Stifel NicolausLower TargetC$7.50 ➝ C$6.00
4/7/2022Bank of AmericaLower TargetUnderperformC$10.00 ➝ C$8.50
2/10/2022Canaccord Genuity GroupLower TargetC$12.00 ➝ C$10.00
2/10/2022CowenLower TargetBuyC$16.00 ➝ C$12.50
2/10/2022Stifel NicolausLower TargetC$8.00 ➝ C$7.50
2/9/2022CfraReiterated RatingHoldC$10.00
2/8/2022MKM PartnersLower TargetBuyC$28.00 ➝ C$17.00
2/3/2022CIBCLower TargetC$12.00 ➝ C$9.00
1/7/2022Alliance Global PartnersLower TargetBuyC$18.00 ➝ C$11.00
12/22/2021Bank of AmericaDowngradeNeutral ➝ UnderperformC$24.00 ➝ C$13.00
12/20/2021Piper SandlerDowngradeNeutral ➝ UnderweightC$11.00 ➝ C$7.00
12/7/2021Wells Fargo & CompanyReiterated RatingUnderweight
12/6/2021Wells Fargo & CompanyInitiated CoverageSellC$8.00
11/30/2021Eight CapitalDowngradeSell
11/24/2021BarclaysSet TargetEqual WeightC$14.00
11/18/2021BarclaysInitiated CoverageEqual WeightC$14.00
11/9/2021MKM PartnersLower TargetBuyC$51.00 ➝ C$28.00
11/9/2021CowenReiterated RatingBuy
11/9/2021Alliance Global PartnersReiterated RatingBuy
11/8/2021Alliance Global PartnersLower TargetC$20.00 ➝ C$18.00
11/8/2021Stifel NicolausBoost TargetC$12.00 ➝ C$14.00
11/8/2021Piper SandlerBoost TargetNeutralC$11.00 ➝ C$15.00
11/8/2021CowenLower TargetHoldC$33.00 ➝ C$16.00
11/8/2021CIBCDowngradeNeutral ➝ SellC$22.00 ➝ C$12.00
11/2/2021CIBCReiterated RatingHoldC$21.00
11/2/2021Canadian Imperial Bank of CommerceReiterated RatingNeutralC$22.00
10/15/2021CIBCReiterated RatingHoldC$22.00
9/24/2021CIBCReiterated RatingNeutralC$27.00 ➝ C$22.00
9/23/2021CIBCBoost TargetNAC$22.00 ➝ C$27.00
8/12/2021Jefferies Financial GroupReiterated RatingHold
8/9/2021CIBCLower TargetC$30.00 ➝ C$27.00
8/9/2021Stifel NicolausLower TargetC$21.00 ➝ C$18.00
8/6/2021CIBCReiterated RatingNeutralC$30.00
7/27/2021CIBCLower TargetNeutralC$36.00 ➝ C$30.00
7/19/2021CowenLower TargetNAC$39.00 ➝ C$33.00
6/2/2021Alliance Global PartnersLower TargetNAC$40.00 ➝ C$32.00
6/2/2021CfraLower TargetStrong-Buy ➝ BuyC$75.00 ➝ C$45.00
6/2/2021Eight CapitalUpgradeSell ➝ NeutralC$34.50 ➝ C$29.00
6/2/2021MKM PartnersLower TargetBuyC$55.00 ➝ C$51.00
6/2/2021CowenLower TargetBuyC$44.00 ➝ C$39.00
6/1/2021CIBCReiterated RatingNeutralC$38.00
5/25/2021MKM PartnersReiterated RatingBuyC$55.00
5/11/2021CIBCLower TargetNeutralC$55.00 ➝ C$38.00
4/9/2021CowenLower TargetHoldC$75.00 ➝ C$44.00
2/24/2021Eight CapitalDowngradeNeutral ➝ SellC$23.00 ➝ C$34.50
2/24/2021Jefferies Financial GroupBoost TargetUnderperformC$27.78 ➝ C$29.09
2/10/2021Alliance Global PartnersBoost TargetC$41.00 ➝ C$60.00
2/10/2021BenchmarkDowngradeBuy ➝ Hold
2/10/2021CIBCBoost TargetC$32.00 ➝ C$64.00
2/10/2021CormarkDowngradeMarket Perform ➝ Reduce
2/10/2021CowenBoost TargetC$38.00 ➝ C$75.00
2/10/2021MKM PartnersBoost TargetC$28.00 ➝ C$55.00
2/10/2021Stifel NicolausBoost TargetC$18.00 ➝ C$21.00
1/25/2021Alliance Global PartnersBoost TargetC$32.00 ➝ C$41.00
11/16/2020Jefferies Financial GroupBoost TargetC$20.20 ➝ C$27.78
11/12/2020BenchmarkSet TargetC$35.00
11/11/2020CIBCBoost TargetC$25.00 ➝ C$32.00
11/10/2020CormarkBoost TargetC$23.50 ➝ C$28.50
11/10/2020Alliance Global PartnersBoost TargetC$24.00 ➝ C$32.00
8/11/2020CormarkBoost TargetC$21.00 ➝ C$23.50
8/11/2020CIBCLower TargetC$26.00 ➝ C$25.00
6/1/2020CIBCDowngradeOutperform ➝ NeutralC$35.00 ➝ C$26.00
6/1/2020CormarkDowngradeBuy ➝ Market Perform
6/1/2020Pi FinancialDowngradeNeutral ➝ SellC$30.00 ➝ C$20.00
5/27/2020Pi FinancialSet TargetNeutralC$30.00
3/5/2020Laurentian Bank of CanadaUpgradeHold ➝ Buy
3/5/2020LaurentianUpgradeHold ➝ Buy
2/18/2020Stifel NicolausBoost TargetC$30.00 ➝ C$35.00
2/18/2020CIBCBoost TargetC$30.00 ➝ C$35.00
2/18/2020Pi FinancialDowngradeBuy ➝ NeutralC$25.00 ➝ C$30.00
2/11/2020Pi FinancialSet TargetBuyC$25.00
1/28/2020BMO Capital MarketsBoost TargetOutperformC$25.00 ➝ C$40.00
1/2/2020Jefferies Financial GroupLower TargetC$25.00 ➝ C$21.00
12/17/2019LaurentianSet TargetHoldC$26.00
11/20/2019Pi FinancialLower TargetBuyC$35.00 ➝ C$25.00
11/20/2019Bank of AmericaUpgradeNeutral ➝ Buy
11/15/2019CIBCLower TargetC$45.00 ➝ C$30.00
11/5/2019DesjardinsReiterated RatingHoldC$46.00
10/11/2019Jefferies Financial GroupLower TargetC$77.00 ➝ C$25.00
10/4/2019CIBCLower TargetC$50.00 ➝ C$45.00
9/27/2019Bank of AmericaDowngradeBuy ➝ Neutral
8/16/2019BenchmarkLower TargetC$100.00 ➝ C$60.00
8/16/2019CIBCLower TargetC$80.00 ➝ C$50.00
8/16/2019CormarkDowngradeBuy ➝ Market PerformC$55.00 ➝ C$48.00
7/4/2019DesjardinsLower TargetHoldC$63.00 ➝ C$59.00
7/4/2019Bryan, Garnier & CoDowngradeBuy ➝ NeutralC$85.00 ➝ C$60.00
6/24/2019CormarkLower TargetC$70.00 ➝ C$65.00
6/24/2019DesjardinsLower TargetHoldC$74.00 ➝ C$63.00
5/13/2019Alliance Global PartnersSet TargetBuyC$75.00
5/3/2019Jefferies Financial GroupBoost TargetC$64.00 ➝ C$77.00
4/22/2019CIBCBoost TargetC$75.00 ➝ C$80.00
4/17/2019Bank of AmericaReiterated RatingBuyC$70.00
2/25/2019Jefferies Financial GroupReiterated RatingHoldC$64.00
2/19/2019Pi FinancialBoost TargetC$60.00 ➝ C$70.00
2/19/2019CIBCBoost TargetC$65.00 ➝ C$75.00
1/18/2019CIBCReiterated RatingOutperformC$65.00
9/25/2018BenchmarkReiterated RatingBuyC$100.00
9/4/2018CowenBoost TargetC$56.00 ➝ C$74.00
8/16/2018CormarkBoost TargetC$33.00 ➝ C$40.00
7/6/2018Eight CapitalBoost TargetC$40.00 ➝ C$50.00
6/28/2018CormarkBoost TargetC$25.00 ➝ C$33.00
4/5/2018Pi FinancialReiterated RatingTop Pick
1/8/2018CowenBoost TargetC$24.00 ➝ C$44.00
11/27/2017Eight CapitalBoost TargetC$18.00 ➝ C$22.00
11/13/2017Beacon SecuritiesDowngradeBuy ➝ HoldC$16.50
11/1/2017Eight CapitalBoost TargetC$12.00 ➝ C$18.00
(Data available from 10/1/2017 forward)

News Sentiment Rating

0.70 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
3/4/2022
  • 4 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/3/2022
  • 3 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
5/3/2022
  • 11 very positive mentions
  • 17 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
6/2/2022
  • 9 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/2/2022
  • 1 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/1/2022
  • 6 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/31/2022
  • 4 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/30/2022

Current Sentiment

  • 4 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Canopy Growth logo
Canopy Growth Corporation, together with its subsidiaries, engages in growing, possession, and sale of medical cannabis in Canada. Its products include dried flowers, oils and concentrates, softgel capsules, and hemps. The company offers its products under the Tweed, Black Label, Spectrum Cannabis, DNA Genetics, Leafs By Snoop, CraftGrow, and Foria brand names. It also offers its products through Tweed Main Street, a single online platform that enables registered patients to purchase medicinal cannabis from various producers across various brands. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada to investigate the efficacy of cannabinoids for the treatment of post-concussion neurological diseases in former NHL players; and partnership with Parent Action on Drugs. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.
Read More

Today's Range

Now: C$3.75
Low: C$3.75
High: C$3.94

50 Day Range

MA: C$4.25
Low: C$3.06
High: C$5.44

52 Week Range

Now: C$3.75
Low: C$2.79
High: C$19.98

Volume

1,352,563 shs

Average Volume

2,612,956 shs

Market Capitalization

C$1.80 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Canopy Growth?

The following sell-side analysts have issued reports on Canopy Growth in the last twelve months: Alliance Global Partners, Bank of America Co., Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., Canadian Imperial Bank of Commerce, Cfra, CIBC, Cowen Inc, Cowen Inc., Eight Capital, Jefferies Financial Group Inc., MKM Partners, Piper Sandler, Stifel Nicolaus, Wedbush, and Wells Fargo & Company.
View the latest analyst ratings for WEED.

What is the current price target for Canopy Growth?

17 Wall Street analysts have set twelve-month price targets for Canopy Growth in the last year. Their average twelve-month price target is C$7.26, suggesting a possible upside of 93.7%. Canadian Imperial Bank of Commerce has the highest price target set, predicting WEED will reach C$22.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$2.50 for Canopy Growth in the next year.
View the latest price targets for WEED.

What is the current consensus analyst rating for Canopy Growth?

Canopy Growth currently has 6 sell ratings, 5 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in WEED, but not buy more shares or sell existing shares.
View the latest ratings for WEED.

What other companies compete with Canopy Growth?

How do I contact Canopy Growth's investor relations team?

Canopy Growth's physical mailing address is 1 Hershey Dr, SMITHS FALLS, ON K7A 0A8, Canada. The company's listed phone number is +1-613-5999600. The official website for Canopy Growth is www.canopygrowth.com. Learn More about contacing Canopy Growth investor relations.