Cronos Group (CRON) Stock Forecast, Price Target & Predictions
CRON Stock Forecast
Cronos Group (CRON) stock forecast, based on 15 Wall Street analysts, predicts a 12-month average price target of $3.43, with a high of $4.50 and a low of $2.30. This represents a 38.87% increase from the last price of $2.47.
CRON Stock Rating
Cronos Group stock's rating consensus is Hold, based on 15 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (20.00%), 9 Hold (60.00%), 3 Sell (20.00%), and 0 Strong Sell (0.00%).
Hold
CRON Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Cronos Group | 38.87% |
| Sector | Healthcare Stocks | 15.45% |
| Industry | Specialty & Generic Drug Manufacturers Stocks | 18.71% |
| Idea | Cannabis Stocks List | 69.53% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $2.47 | $2.47 | $2.47 |
| Upside/Downside | - | - | - |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Oct, 25 | - | 1 | 1 | - | - | 2 |
| Sep, 25 | - | 1 | 2 | - | - | 3 |
| Aug, 25 | 1 | - | 1 | - | - | 2 |
| Jul, 25 | 1 | 1 | 2 | - | - | 4 |
| Jun, 25 | 1 | 1 | 2 | - | 1 | 5 |
Analyst Price Target Forecasts
| 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% | -6.88% |
| Sep 30, 2022 | Barclays | $3.50 | $2.93 | 19.45% | 41.70% | |
| May 11, 2022 | Matt Bottomley | Canaccord Genuity | $4.50 | $3.18 | 41.51% | 82.19% |
Analyst Rating Forecasts
| 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 |
Financial Forecast
EPS Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $-0.21 | $-1.07 | $-0.45 | $-0.19 | - | - | - | - |
| Avg Forecast | $0.04 | $-0.35 | $-0.36 | $-0.15 | $-0.09 | $0.04 | $0.12 | $0.06 |
| High Forecast | $0.04 | $-0.32 | $-0.33 | $-0.15 | $-0.09 | $0.04 | $0.12 | $0.06 |
| Low Forecast | $0.03 | $-0.37 | $-0.38 | $-0.16 | $-0.09 | $0.04 | $0.11 | $0.05 |
| Surprise % | -625.00% | 205.71% | 25.00% | 26.67% | - | - | - | - |
Revenue Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $46.72M | $74.44M | $91.90M | $87.24M | $161.82M | - | - | - |
| Avg Forecast | $43.79M | $71.57M | $94.11M | $88.75M | $122.03M | $144.75M | $147.27M | $162.00M |
| High Forecast | $45.59M | $74.51M | $97.48M | $89.50M | $125.29M | $148.62M | $147.31M | $162.04M |
| Low Forecast | $41.29M | $67.48M | $88.42M | $88.00M | $116.13M | $137.75M | $147.24M | $161.96M |
| Surprise % | 6.69% | 4.01% | -2.35% | -1.70% | 32.61% | - | - | - |
Net Income Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $-74.62M | $-396.70M | $-168.73M | $-73.96M | $41.08M | - | - | - |
| Avg Forecast | $234.45M | $-133.50M | $32.30M | $-69.85M | $-34.21M | $16.25M | $43.41M | $21.71M |
| High Forecast | $561.24M | $-123.59M | $187.15M | $723.23M | $-32.52M | $17.05M | $45.56M | $22.78M |
| Low Forecast | $-92.34M | $-140.64M | $-122.55M | $-862.93M | $-35.90M | $15.44M | $41.26M | $20.63M |
| Surprise % | -131.83% | 197.16% | -622.41% | 5.89% | -220.08% | - | - | - |