CGCCGCHealthcare · Drug Manufacturers - Specialty & Generic

CGC Stock Forecast: Canopy Growth Corp. Price Predictions for 2026-2027

Last close, 21 Aug 2026
$1.05
0.00% on the day

The 8 Wall Street analysts covering Canopy Growth Corp. hold a median 12-month price target of $1.24 — +17.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 48 of 100 as at 22 Aug 2026 — in the lower half.

Market cap
$499.3M
Ticker Nerd rank
48 / 100
Median analyst target
$1.24
Analysts covering
8
Total return, dividends reinvested
1W
+2.9%
1M
+12.3%
YTD
−7.9%
1Y
−15.3%
From 52W high
−45.3%
From 52W low
+22.5%
$0.86
$1.92
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CGC stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Canopy Growth Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 22 Aug 2026
48 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
67
Accruals
67
Growth
55
Size
55
Quality
53
Issuance
52
Value
37
Momentum
33
Volatility
18

Revisions (67): Analysts have, on balance, been raising their forecasts.

Volatility (18): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

CGC stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CGC, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0.80$1.00$1.20$1.40$1.60$1.80$2.00Oct 25Jan 26Apr 26Jul 26CGCHigh $1.24Median $1.24Low $1.24

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says8 analysts
2 Buy6 Hold0 Sell
Low $1.24Median $1.24High $1.24

The green dot is the last close — the median target sits +17.6% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 4 moved their price target up and 11 moved it down.

DateFirmActionRatingTarget
10 Nov 2025BenchmarkUpgradeHold
27 Mar 2025Zuanic & AssociatesInitiatesNeutral
9 July 2024Piper SandlerMaintainsUnderweight
15 Sept 2023B of A SecuritiesMaintainsUnderperform$0.56$0.66
12 June 2023CIBCMaintainsUnderperformer$1.75$0.50
2 May 2023Piper SandlerMaintainsUnderweight$2.00$1.00
17 Feb 2023Cantor FitzgeraldMaintainsNeutral$3.30$3.20
7 Nov 2022Cantor FitzgeraldMaintainsNeutral$3.05$3.30
2 Nov 2022BernsteinInitiatesUnderperform$1.50
26 Oct 2022Cantor FitzgeraldMaintainsNeutral$2.90$3.05
30 Sept 2022BarclaysMaintainsUnderweight$3.50$2.00
8 Aug 2022Piper SandlerMaintainsUnderweight$3.00$2.50
30 June 2022Piper SandlerMaintainsUnderweight$4.00$3.00
8 June 2022BarclaysMaintainsUnderweight$6.00$3.50
31 May 2022Piper SandlerMaintainsUnderweight$6.00$4.00
22 Mar 2022BarclaysDowngradeUnderweight
1 Mar 2022BarclaysMaintainsEqual-Weight$14$9.00
18 Feb 2022Cantor FitzgeraldMaintainsNeutral$9.60$11
22 Dec 2021B of A SecuritiesDowngradeUnderperform$19$10
20 Dec 2021Piper SandlerDowngradeUnderweight$11$7.00

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CGC appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

CGC analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
0
Analysts cutting
0
Fundamentals

Canopy Growth Corp. (CGC) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−1.2×

Cheaper than 83% of US stocks

Price / sales
1.7×

Cheaper than 57% of US stocks

Price / book
0.9×

Cheaper than 77% of US stocks

EV / EBITDA
−14.7×

Cheaper than 86% of US stocks

Growth & margins
Revenue growth (YoY)
12.5%

Higher than 58% of US stocks

Earnings growth (YoY)
Gross margin
27.4%

Higher than 31% of US stocks

Operating margin
−21.7%

Higher than 21% of US stocks

Net margin
−79.2%

Higher than 7% of US stocks

Returns & dividend
Return on equity
−39.5%

Higher than 24% of US stocks

Return on assets
−3.9%

Higher than 33% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

CGC vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelDrug Manufacturers - Specialty & Generic
CompanyMarket capTKN rank
CGCCanopy Growth Corp.$499.3M
48
KMDAKamada Ltd.$483.3M
95
BIOABioAge Labs, Inc.$420.7M
41
EOLSEvolus, Inc.$545.9M
87
TKNOAlpha Teknova, Inc.$394.6M
93
AQSTAquestive Therapeutics, Inc.$584.9M
50
TLRYTilray Brands, Inc.$659.2M
18

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Canopy Growth Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CGC news & analysis

Cannabis Operator CGC Rises 15% in a Month: Time to Buy, Hold or Sell?

Zacks Investment Research · 21 Aug 2026positive

Canopy Growth Corp. (CGC) has risen 15% in a month, with its cannabis business showing signs of a turnaround. The rally is fueled by revenue growth, improving margins, and a narrower EBITDA loss.

Why it matters — A CGC watcher would care because these improving fundamentals suggest the company's cannabis operations may be stabilizing after recent struggles.

Tilray Jumps 6%, Canopy Growth Climbs 3%, Aurora Cannabis Gains 4%: Here's Why TLRY Is Still Down 47% YTD

24/7 Wall Street · 19 Aug 2026neutral

On Wednesday afternoon, Tilray Brands shares rose 6% to $4.75 as part of a broad bid for beaten-down speculative names, while Canopy Growth climbed 3% and Aurora Cannabis gained 4%. Despite the move, Tilray remains down 47% year-to-date.

Why it matters — The report highlights a broad rally in cannabis stocks, including a 3% gain for Canopy Growth, which is relevant for CGC watchers tracking sector-wide trading momentum.

Top Canadian Cannabis Stocks to Watch in August 2026

MarijuanaStocks · 18 Aug 2026neutral

The article highlights that Canadian cannabis stocks are drawing renewed investor attention as the sector evolves since Canada's 2018 legalization. It notes that several leading companies have emerged stronger after years of restructuring, cost reductions, and increased competition.

Why it matters — CGC watchers would care because the piece signals renewed sector interest and positions leading Canadian operators as having strengthened through restructuring, which is relevant context for Canopy Growth.

Canopy Growth Announces Mailing of Proxy Materials for 2026 Annual General and Special Meeting – Urges Shareholders to Vote Now

Business Wire · 17 Aug 2026neutral

Canopy Growth announced that it has mailed its proxy statement and fiscal 2026 annual report to shareholders ahead of its Annual General and Special Meeting, and urged shareholders to vote. The materials were sent either by mail or via a notice of internet availability.

Why it matters — CGC watchers would care because this marks the formal start of the shareholder voting process for the company's upcoming annual and special meeting.

Curaleaf Wants to Buy Aurora Cannabis for $272 Million. Is Canopy Growth the Next Marijuana Takeover Target?

The Motley Fool · 16 Aug 2026neutral

Curaleaf has made a $272 million bid to acquire Aurora Cannabis, a move that signals accelerating consolidation in the cannabis industry. The article notes that Canopy Growth could emerge as another potential takeover target in this environment.

Why it matters — A CGC watcher would care because the article identifies Canopy Growth as a possible candidate in the ongoing wave of cannabis-industry consolidation.

FAQ

Frequently asked questions about CGC stock

What is the CGC stock price forecast for 2026-2027?

The 8 Wall Street analysts covering Canopy Growth Corp. have a median 12-month price target of $1.24, with estimates ranging from $1.24 to $1.24. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CGC stock a buy right now?

Of the 8 analysts covering Canopy Growth Corp., 2 rate it a Buy, 6 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Canopy Growth Corp. 48 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CGC?

As at 22 Aug 2026, Canopy Growth Corp. ranks 48 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (67 of 100).

Will CGC stock go up?

No one can know that. What the data says: the median 12-month target from 8 analysts implies +17.6% from the last close, and Ticker Nerd's factor model ranks Canopy Growth Corp. 48 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CGC stock forecast for 2030?

No analyst covering Canopy Growth Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CGC are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $1.24 to $1.24 over the next 12 months.

How has CGC stock performed over the past year?

Canopy Growth Corp. returned -15.3% over the 12 months to 21 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Canopy Growth Corp. do?

Canopy Growth Corporation is a cannabis company that develops, cultivates, and sells medicinal and recreational cannabis, hemp, and cannabinoid-based products. Its portfolio includes brands serving adult-use, wellness, and medical consumers, along with products and devices across multiple categories.

What is the latest news on CGC?

The most recent item we track (Zacks Investment Research, 21 Aug 2026): "Cannabis Operator CGC Rises 15% in a Month: Time to Buy, Hold or Sell?". Canopy Growth Corp. (CGC) has risen 15% in a month, with its cannabis business showing signs of a turnaround. The rally is fueled by revenue growth, improving margins, and a narrower EBITDA loss.

Company

About Canopy Growth Corp.

Canopy Growth Corporation is a cannabis company that develops, cultivates, and sells medicinal and recreational cannabis, hemp, and cannabinoid-based products. Its portfolio includes brands serving adult-use, wellness, and medical consumers, along with products and devices across multiple categories. The company operates through segments such as Canada cannabis, international cannabis markets, Storz & Bickel, and This Works, reflecting a business model that spans plant-based products, vaporizers, and wellness offerings. Canopy Growth Corporation serves consumers, medical patients, and commercial partners in regulated markets, with a focus on cannabis product development, distribution, and brand differentiation. Headquartered in Smiths Falls, Ontario, Canopy Growth Corporation is positioned as a diversified participant in the global cannabis industry.

CEO Mr. Luc Mongeau · 1,128 employees · Canada · https://www.canopygrowth.com