Aurora Cannabis Inc

Aurora Cannabis Inc Stock Forecast & Price Prediction

Live Aurora Cannabis Inc Stock (ACB) Price
$5.37

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$5.37

P/E Ratio

-3.55

Volume Traded Today

$740,386

Dividend

Dividends not available for ACB

52 Week High/low

9.35/2.84

Aurora Cannabis Inc Market Cap

$295.2M

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ACB Summary

The Aurora Cannabis Inc (ACB) share price is expected to increase by 340.44% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered ACB. Price targets range from $23.65162 at the low end to $23.65162 at the high end. The current analyst consensus for ACB is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

ACB Analyst Ratings

Aurora Cannabis Inc has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Aurora Cannabis Inc will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

ACB stock forecast by analyst

These are the latest 20 analyst ratings of ACB.

Analyst/Firm

Rating

Price Target

Change

Date

Pablo Zuanic
Zuanic & Associates

Neutral


Initiates

Jun 27, 2024
John Zamparo
CIBC

Neutral

$1

Maintains

Jun 16, 2023
Matt Bottomley
Canaccord Genuity

Hold

$0.8

Maintains

Jun 15, 2023
John Zamparo
CIBC

Neutral

$1.75

Maintains

Feb 13, 2023
Michael Lavery
Piper Sandler

Neutral

$3

Maintains

Sep 21, 2022
Bill Kirk
MKM Partners

Neutral


Upgrade

Sep 28, 2021
Tamy Chen
BMO Capital

Underperform

$9

Downgrade

Dec 18, 2020

Cowen & Co.

Outperform


Initiates

Nov 25, 2020

Bank of America

Neutral


Downgrade

Nov 25, 2020

B of A Securities

Neutral


Downgrade

Nov 25, 2020

Stifel

Sell


Downgrade

Nov 25, 2020

Needham

Hold


Initiates

Nov 25, 2020

Piper Sandler

Neutral


Maintains

Nov 25, 2020

Jefferies

Buy


Initiates

Nov 25, 2020

Stifel Nicolaus

Hold


Initiates

Nov 25, 2020

MKM Partners

Sell


Initiates

Nov 25, 2020

Seaport Global

Neutral


Initiates

Nov 25, 2020

Piper Jaffray

Neutral


Maintains

Nov 25, 2020

Ladenburg Thalmann

Neutral


Downgrade

Nov 25, 2020

Desjardins

Buy


Initiates

Nov 25, 2020

ACB Company Information

What They Do: Produces and sells cannabis products globally.

Business Model: The company generates revenue through the production, distribution, and sale of a diverse range of cannabis and cannabis-derivative products, which includes both medical and recreational items. It operates two main segments, focusing on the Canadian market and plant propagation, while also selling hemp-derived CBD products. Aurora Cannabis serves both consumer and medical markets, offering a variety of consumption methods such as oils, capsules, edibles, and dried cannabis.

Other Information: Founded in 2013 and headquartered in Edmonton, Canada, Aurora Cannabis has built a robust portfolio of brands catering to different segments of the cannabis market, including Aurora Drift, MedReleaf, and Reliva. The company also emphasizes patient counseling and outreach services, positioning itself as a comprehensive provider in the cannabis industry.
ACB
Aurora Cannabis Inc (ACB)

When did it IPO

2014

Staff Count

1,073

Country

Canada

Sector/Industry

Healthcare/Drug Manufacturers—Specialty & Generic

CEO

Mr. Miguel Martin

Market Cap

$295.2M

Aurora Cannabis Inc (ACB) Financial Data

In 2023, ACB generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ACB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$268.7M

Revenue From 2021

$245.3M

-8.73 %
From Previous Year

Revenue From 2022

$221.3M

-9.75 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $206.9M
  • Operating Margin TTM 2.3%
  • Gross profit TTM $131.5M
  • Return on assets TTM -1.9%
  • Return on equity TTM -6.1%
  • Profit Margin -11.5%
  • Book Value Per Share 10.28%
  • Market capitalisation $295.2M
  • Revenue for 2021 $245.3M
  • Revenue for 2022 $221.3M
  • Revenue for 2023 N/A
  • EPS this year (TTM) $-0.47

Aurora Cannabis Inc (ACB) Latest News

News Image

Fri, 20 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Aurora Cannabis Inc. (NASDAQ: ACB, TSX: ACB) announced a leadership transition with CEO Miguel Martin becoming Executive Chairman and Ron Funk appointed Lead Independent Director.

Why It Matters - Leadership changes can signal strategic shifts and affect company direction. Investors may evaluate how these roles impact Aurora Cannabis's growth and governance.

News Image

Tue, 17 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Aurora Cannabis Inc. is advancing auto-flowering technology, potentially transforming cannabis cultivation in high-latitude areas and enhancing breeding strategies.

Why It Matters - Aurora Cannabis's advancements in auto-flowering technology could enhance yield and efficiency in high-latitude cannabis cultivation, potentially boosting revenues and market competitiveness.

News Image

Thu, 19 Sep 2024

Sentiment - POSITIVE

Source - MarijuanaStocks

Summary - Canadian cannabis companies are expanding into the U.S. market, which is projected to reach $45 billion in sales by 2025 due to increasing legalization efforts. Investors are monitoring this development.

Why It Matters - The Canadian cannabis market's expansion into the U.S. presents growth opportunities. U.S. sales projections and increasing legalization trends may boost Canadian company valuations.

News Image

Mon, 09 Sep 2024

Sentiment - POSITIVE

Source - Market Watch

Summary - Donald Trump backs the Biden administration's proposal to classify cannabis as Schedule III, indicating potential regulatory changes in the cannabis industry.

Why It Matters - Trump's support for Schedule III cannabis classification could signal regulatory changes, potentially boosting cannabis stocks and attracting institutional investors in the sector.

News Image

Mon, 09 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Vectura Fertin Pharma launched its first medical cannabis CBD lozenge in Canada through a collaboration with Aurora Cannabis to leverage their patient platform for future products.

Why It Matters - The launch of Vectura's CBD lozenge and collaboration with Aurora expands product offerings in the growing medical cannabis market, potentially boosting revenue and market share for both companies.

News Image

Tue, 10 Sep 2024

Sentiment - POSITIVE

Source - 24/7 Wall Street

Summary - A Kamala Harris win in the 2024 presidential election may positively impact stocks across multiple sectors, according to 24/7 Wall St. Insights.

Why It Matters - A Kamala Harris victory could signal policy shifts favoring certain sectors, potentially leading to stock market gains and influencing investment strategies.

...

ACB Frequently asked questions

The highest forecasted price for ACB is $23.65162 from at .

The lowest forecasted price for ACB is $23.65162 from from

The ACB analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.