Canopy Growth (NASDAQ:CGC – Get Free Report) is expected to be releasing its Q4 2026 results before the market opens on Monday, June 15th. Analysts expect Canopy Growth to post earnings of ($0.06) per share and revenue of $74.3570 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q4 2026 earning overview page for the latest details on the call scheduled for Monday, June 15, 2026 at 10:00 AM ET.
Canopy Growth Price Performance
Shares of CGC stock opened at $1.03 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 5.34 and a quick ratio of 4.26. The company has a market capitalization of $416.24 million, a P/E ratio of -0.79 and a beta of 0.77. The company’s 50-day simple moving average is $1.07 and its two-hundred day simple moving average is $1.14. Canopy Growth has a one year low of $0.84 and a one year high of $2.38.
Analyst Ratings Changes
Several brokerages have recently weighed in on CGC. Wall Street Zen cut shares of Canopy Growth from a “hold” rating to a “sell” rating in a research report on Sunday, March 29th. Weiss Ratings raised shares of Canopy Growth from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, June 1st. ATB Cormark Capital Markets raised shares of Canopy Growth from a “strong sell” rating to a “moderate buy” rating in a research report on Tuesday, March 17th. Finally, Canaccord Genuity Group began coverage on shares of Canopy Growth in a research report on Friday, March 27th. They issued a “buy” rating for the company. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
Institutional Investors Weigh In On Canopy Growth
Several hedge funds have recently modified their holdings of the business. Two Sigma Securities LLC lifted its position in shares of Canopy Growth by 4.4% in the 2nd quarter. Two Sigma Securities LLC now owns 280,852 shares of the company’s stock worth $343,000 after purchasing an additional 11,942 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of Canopy Growth by 23.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 73,739 shares of the company’s stock worth $84,000 after acquiring an additional 13,814 shares in the last quarter. Boothbay Fund Management LLC bought a new position in shares of Canopy Growth during the 2nd quarter worth approximately $30,000. Mackenzie Financial Corp raised its stake in shares of Canopy Growth by 33.1% during the 3rd quarter. Mackenzie Financial Corp now owns 111,945 shares of the company’s stock worth $163,000 after acquiring an additional 27,823 shares in the last quarter. Finally, Osaic Holdings Inc. raised its stake in shares of Canopy Growth by 77.6% during the 2nd quarter. Osaic Holdings Inc. now owns 75,335 shares of the company’s stock worth $92,000 after acquiring an additional 32,927 shares in the last quarter. Hedge funds and other institutional investors own 3.33% of the company’s stock.
About Canopy Growth
Canopy Growth Corporation is a leading Canadian cannabis company engaged in the production, distribution and sale of both medical and recreational cannabis products. Headquartered in Smiths Falls, Ontario, the company cultivates a diversified portfolio of offerings that includes dried flower, pre-rolled joints, oils, softgel capsules and edibles. Canopy Growth also markets derivative products such as beverages and wellness formulations under a range of brands, aiming to serve both patient and adult-use markets.
The company operates through multiple subsidiaries, including Tweed Inc, Spectrum Therapeutics and Tokyo Smoke, each targeting distinct consumer segments.
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