Cronos Group (CRON) Stock Forecast, Price Target & Predictions
CRON Stock Forecast
Cronos Group stock forecast is as follows: an average price target of $3.43 (represents a 53.13% upside from CRON’s last price of $2.24) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
CRON Price Target
CRON Analyst Ratings
Cronos Group Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 09, 2024 | Lisa Lewandowski | Bank of America Securities | $2.30 | $2.32 | -0.86% | 2.68% |
Sep 30, 2022 | - | Barclays | $3.50 | $2.93 | 19.45% | 56.25% |
May 11, 2022 | Matt Bottomley | Canaccord Genuity | $4.50 | $3.18 | 41.51% | 100.89% |
Cronos Group Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 1 |
Avg Price Target | - | $2.30 | $2.30 |
Last Closing Price | $2.24 | $2.24 | $2.24 |
Upside/Downside | -100.00% | 2.68% | 2.68% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 09, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
May 15, 2024 | CIBC | Outperform | Outperform | Hold |
Apr 08, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
Sep 30, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
Feb 22, 2022 | Canaccord Genuity | Sell | Sell | Hold |
Feb 22, 2022 | Piper Sandler | Neutral | Neutral | Hold |
Cronos Group Financial Forecast
Cronos Group Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $47.19M | $33.91M | $25.80M | $20.14M | $22.89M | $20.92M | $23.06M | $25.03M | $25.80M | $20.41M | $15.62M | $12.61M | $17.05M | $11.36M | $9.88M | $8.43M | $1.54M | $9.59M | $7.80M | $4.85M | $385.25K |
Avg Forecast | $36.80M | $34.60M | $35.52M | $34.05M | $31.68M | $30.61M | $26.09M | $23.85M | $25.73M | $20.01M | $22.32M | $24.06M | $22.20M | $24.99M | $27.99M | $23.97M | $23.58M | $19.94M | $14.88M | $16.56M | $13.32M | $11.10M | $9.22M | $10.49M | $12.13M | $10.37M | $5.47M | $4.77M | $514.20K |
High Forecast | $36.80M | $34.60M | $35.52M | $34.05M | $31.68M | $30.61M | $26.09M | $23.85M | $26.81M | $20.01M | $22.32M | $24.06M | $22.20M | $24.99M | $28.78M | $24.65M | $24.24M | $20.50M | $15.30M | $17.03M | $13.70M | $11.41M | $9.48M | $10.79M | $12.47M | $10.66M | $5.62M | $4.90M | $617.04K |
Low Forecast | $36.80M | $34.60M | $35.52M | $34.05M | $31.68M | $30.61M | $26.09M | $23.85M | $24.66M | $20.01M | $22.32M | $24.06M | $22.20M | $24.99M | $27.20M | $23.30M | $22.91M | $19.38M | $14.46M | $16.09M | $12.95M | $10.78M | $8.96M | $10.19M | $11.79M | $10.07M | $5.31M | $4.63M | $411.36K |
# Analysts | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 6 | 5 | 5 | 5 | 5 | 13 |
Surprise % | - | - | - | - | - | - | - | - | 1.83% | 1.69% | 1.16% | 0.84% | 1.03% | 0.84% | 0.82% | 1.04% | 1.09% | 1.02% | 1.05% | 0.76% | 1.28% | 1.02% | 1.07% | 0.80% | 0.13% | 0.93% | 1.43% | 1.02% | 0.75% |
Cronos Group EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 6 | 5 | 5 | 5 | 5 | 13 |
EBITDA | - | - | - | - | - | - | - | - | $-63.80M | $-1.44M | $-7.01M | $-10.13M | $-445.00K | $-17.35M | $-22.56M | $-21.65M | $-32.47M | $-49.73M | $-54.70M | $-41.10M | $-56.67M | $-36.16M | $-30.02M | $-157.27M | $1.11B | $-669.87M | $-215.76M | $1.95M | $-320.83K |
Avg Forecast | $-23.32M | $-21.93M | $-22.51M | $-21.58M | $-20.08M | $-19.40M | $-16.54M | $-45.28M | $-16.31M | $-12.68M | $-14.15M | $-41.03M | $-299.01M | $-15.84M | $-17.74M | $-29.96M | $-14.94M | $-12.64M | $-9.43M | $-520.72M | $-8.44M | $-7.03M | $-5.85M | $-6.65M | $-7.69M | $-6.57M | $-3.46M | $-3.02M | $-487.68K |
High Forecast | $-23.32M | $-21.93M | $-22.51M | $-21.58M | $-20.08M | $-19.40M | $-16.54M | $-36.23M | $-15.63M | $-12.68M | $-14.15M | $-32.82M | $-239.21M | $-15.84M | $-17.24M | $-23.97M | $-14.52M | $-12.28M | $-9.16M | $-416.58M | $-8.21M | $-6.83M | $-5.68M | $-6.46M | $-7.47M | $-6.38M | $-3.37M | $-2.94M | $-390.15K |
Low Forecast | $-23.32M | $-21.93M | $-22.51M | $-21.58M | $-20.08M | $-19.40M | $-16.54M | $-54.34M | $-16.99M | $-12.68M | $-14.15M | $-49.23M | $-358.82M | $-15.84M | $-18.24M | $-35.96M | $-15.37M | $-12.99M | $-9.70M | $-624.87M | $-8.68M | $-7.23M | $-6.01M | $-6.84M | $-7.91M | $-6.76M | $-3.56M | $-3.11M | $-585.22K |
Surprise % | - | - | - | - | - | - | - | - | 3.91% | 0.11% | 0.50% | 0.25% | 0.00% | 1.10% | 1.27% | 0.72% | 2.17% | 3.94% | 5.80% | 0.08% | 6.71% | 5.14% | 5.14% | 23.66% | -144.08% | 101.95% | 62.28% | -0.65% | 0.66% |
Cronos Group Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 6 | 5 | 5 | 5 | 5 | 13 |
Net Income | - | - | - | - | - | - | - | - | $-44.70M | $-1.64M | $-8.36M | $-19.26M | $-78.86M | $-36.89M | $-20.34M | $-32.65M | $-133.89M | $77.92M | $57.05M | $-279.93M | $-111.58M | $69.03M | $-106.98M | $76.04M | $58.10M | $595.53M | $191.28M | $320.42M | $-633.21K |
Avg Forecast | - | - | - | $5.10M | $1.70M | $2.58M | $-1.74M | $-53.93M | $-21.95M | $-9.06M | $-15.17M | $-48.86M | $-305.44M | $-29.40M | $-27.56M | $-35.68M | $-51.46M | $-38.76M | $-36.24M | $-526.88M | $-34.16M | $-27.29M | $-27.57M | $580.44M | $-16.40M | $-12.87M | $11.97B | $-11.46M | $-845.17K |
High Forecast | - | - | - | $5.10M | $1.70M | $5.16M | $-1.74M | $-43.14M | $-21.95M | $-9.06M | $-15.17M | $-39.09M | $-244.35M | $-29.40M | $-26.54M | $-28.55M | $-49.57M | $-37.34M | $-34.91M | $-421.51M | $-32.90M | $-26.29M | $-26.56M | $696.52M | $-15.80M | $-12.40M | $14.36B | $-11.04M | $-676.13K |
Low Forecast | - | - | - | $5.10M | $1.70M | $-2.58M | $-1.74M | $-64.71M | $-43.90M | $-9.06M | $-15.17M | $-58.63M | $-366.53M | $-29.40M | $-28.57M | $-42.82M | $-53.35M | $-40.18M | $-37.56M | $-632.26M | $-35.41M | $-28.29M | $-28.58M | $464.35M | $-17.01M | $-13.35M | $9.57B | $-11.88M | $-1.01M |
Surprise % | - | - | - | - | - | - | - | - | 2.04% | 0.18% | 0.55% | 0.39% | 0.26% | 1.25% | 0.74% | 0.92% | 2.60% | -2.01% | -1.57% | 0.53% | 3.27% | -2.53% | 3.88% | 0.13% | -3.54% | -46.26% | 0.02% | -27.96% | 0.75% |
Cronos Group SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 6 | 5 | 5 | 5 | 5 | 13 |
SG&A | - | - | - | - | - | - | - | - | $10.63M | $19.66M | $18.75M | $20.80M | $24.95M | $27.36M | $25.20M | $31.07M | $32.69M | $46.03M | $38.19M | $34.66M | $35.48M | $34.01M | $27.49M | $33.31M | $67.17M | $23.00M | $17.17M | $8.87M | $1.18M |
Avg Forecast | $77.08M | $72.47M | $74.38M | $71.31M | $66.35M | $64.12M | $54.65M | $49.95M | $53.89M | $41.92M | $46.76M | $50.39M | $46.50M | $52.35M | $58.63M | $50.21M | $49.38M | $41.76M | $31.17M | $34.68M | $27.90M | $23.24M | $19.32M | $21.97M | $25.41M | $21.71M | $11.45M | $9.99M | $1.08M |
High Forecast | $77.08M | $72.47M | $74.38M | $71.31M | $66.35M | $64.12M | $54.65M | $49.95M | $56.14M | $41.92M | $46.76M | $50.39M | $46.50M | $52.35M | $60.28M | $51.63M | $50.78M | $42.94M | $32.05M | $35.66M | $28.69M | $23.90M | $19.87M | $22.59M | $26.13M | $22.33M | $11.77M | $10.27M | $1.29M |
Low Forecast | $77.08M | $72.47M | $74.38M | $71.31M | $66.35M | $64.12M | $54.65M | $49.95M | $51.64M | $41.92M | $46.76M | $50.39M | $46.50M | $52.35M | $56.97M | $48.79M | $47.99M | $40.58M | $30.29M | $33.70M | $27.11M | $22.59M | $18.77M | $21.35M | $24.69M | $21.10M | $11.13M | $9.71M | $861.57K |
Surprise % | - | - | - | - | - | - | - | - | 0.20% | 0.47% | 0.40% | 0.41% | 0.54% | 0.52% | 0.43% | 0.62% | 0.66% | 1.10% | 1.23% | 1.00% | 1.27% | 1.46% | 1.42% | 1.52% | 2.64% | 1.06% | 1.50% | 0.89% | 1.09% |
Cronos Group EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 6 | 5 | 5 | 5 | 5 | 13 |
EPS | - | - | - | - | - | - | - | - | $-0.11 | $-0.00 | $-0.02 | $-0.05 | $-0.21 | $-0.10 | $-0.05 | $-0.09 | $-0.36 | $0.21 | $0.46 | $-0.77 | $-0.32 | $0.20 | $-0.52 | $0.91 | $0.18 | $1.76 | $0.57 | $1.46 | $-0.01 |
Avg Forecast | - | - | - | $0.01 | - | $0.01 | $-0.00 | $-0.01 | $-0.06 | $-0.02 | $-0.04 | $-0.05 | $-0.07 | $-0.08 | $-0.07 | $-0.11 | $-0.13 | $-0.10 | $-0.09 | $-0.11 | $-0.09 | $-0.07 | $-0.07 | $-0.08 | $-0.04 | $-0.03 | $-0.02 | $-0.03 | $-0.01 |
High Forecast | - | - | - | $0.01 | - | $0.01 | $-0.00 | $-0.01 | $-0.06 | $-0.02 | $-0.04 | $-0.05 | $-0.07 | $-0.08 | $-0.07 | $-0.10 | $-0.13 | $-0.10 | $-0.09 | $-0.11 | $-0.09 | $-0.07 | $-0.07 | $-0.08 | $-0.04 | $-0.03 | $-0.02 | $-0.03 | $-0.01 |
Low Forecast | - | - | - | $0.01 | - | $-0.01 | $-0.00 | $-0.01 | $-0.11 | $-0.02 | $-0.04 | $-0.05 | $-0.07 | $-0.08 | $-0.07 | $-0.11 | $-0.14 | $-0.11 | $-0.10 | $-0.12 | $-0.09 | $-0.07 | $-0.07 | $-0.08 | $-0.04 | $-0.03 | $-0.03 | $-0.03 | $-0.01 |
Surprise % | - | - | - | - | - | - | - | - | 1.92% | 0.00% | 0.50% | 0.94% | 2.98% | 1.27% | 0.75% | 0.82% | 2.67% | -2.07% | -4.85% | 6.90% | 3.58% | -2.80% | 7.21% | -11.45% | -4.19% | -52.24% | -23.29% | -48.69% | 0.56% |
CRON Forecast FAQ
Is Cronos Group a good buy?
No, according to 4 Wall Street analysts, Cronos Group (CRON) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of CRON's total ratings.
What is CRON's price target?
Cronos Group (CRON) average price target is $3.43 with a range of $2.3 to $4.5, implying a 53.12% from its last price of $2.24. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Cronos Group stock go up soon?
According to Wall Street analysts' prediction for CRON stock, the company can go up by 53.12% (from the last price of $2.24 to the average price target of $3.43), up by 100.89% based on the highest stock price target, and up by 2.68% based on the lowest stock price target.
Can Cronos Group stock reach $3?
CRON's average twelve months analyst stock price target of $3.43 supports the claim that Cronos Group can reach $3 in the near future.
What are Cronos Group's analysts' financial forecasts?
Cronos Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $112.23M (high $112.23M, low $112.23M), average EBITDA is $-101M (high $-92.242M, low $-110M), average net income is $-51.388M (high $-38.025M, low $-67.33M), average SG&A $235.07M (high $235.07M, low $235.07M), and average EPS is $-0.00695 (high $-0.000203, low $-0.0204). CRON's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $140.96M (high $140.96M, low $140.96M), average EBITDA is $-89.339M (high $-89.339M, low $-89.339M), average net income is $5.1M (high $5.1M, low $5.1M), average SG&A $295.23M (high $295.23M, low $295.23M), and average EPS is $0.0133 (high $0.0133, low $0.0133).
Did the CRON's actual financial results beat the analysts' financial forecasts?
Based on Cronos Group's last annual report (Dec 2023), the company's revenue was $120.27M, beating the average analysts forecast of $92.13M by 30.55%. Apple's EBITDA was $-72.149M, missing the average prediction of $-84.17M by -14.28%. The company's net income was $-73.963M, missing the average estimation of $-95.039M by -22.18%. Apple's SG&A was $72.18M, missing the average forecast of $192.96M by -62.59%. Lastly, the company's EPS was $-0.19, beating the average prediction of $-0.175 by 8.61%. In terms of the last quarterly report (Dec 2023), Cronos Group's revenue was $47.19M, beating the average analysts' forecast of $25.73M by 83.41%. The company's EBITDA was $-63.801M, beating the average prediction of $-16.308M by 291.22%. Cronos Group's net income was $-44.702M, beating the average estimation of $-21.95M by 103.65%. The company's SG&A was $10.63M, missing the average forecast of $53.89M by -80.27%. Lastly, the company's EPS was $-0.11, beating the average prediction of $-0.0574 by 91.51%