Should I buy or sell Aurora Cannabis stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aurora Cannabis in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ACB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ACB, but not buy additional shares or sell existing shares. View ACB analyst ratings or view top-rated stocks .

What is Aurora Cannabis' stock price target for 2024?

3 analysts have issued 12-month price targets for Aurora Cannabis' stock. Their ACB share price targets range from C$0.80 to C$6.00. On average, they anticipate the company's share price to reach C$2.26 in the next twelve months. This suggests that the stock has a possible downside of 74.5%. View analysts price targets for ACB or view top-rated stocks among Wall Street analysts .

How have ACB shares performed in 2024?

Aurora Cannabis' stock was trading at C$0.65 at the beginning of 2024. Since then, ACB stock has increased by 1,264.6% and is now trading at C$8.87. View the best growth stocks for 2024 here .

When is Aurora Cannabis' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 12th 2024. View our ACB earnings forecast .

How were Aurora Cannabis' earnings last quarter?

Aurora Cannabis Inc. (TSE:ACB) released its quarterly earnings data on Thursday, February, 8th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.10. The business had revenue of $72.61 million for the quarter, compared to analysts' expectations of $63.50 million. Aurora Cannabis had a negative trailing twelve-month return on equity of 137.28% and a net margin of 151.71%.

What other stocks do shareholders of Aurora Cannabis own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aurora Cannabis investors own include Canopy Growth (WEED) , Aphria (APHA) , Organigram (OGI) , Aurora Cannabis (ACBFF) , Cronos Group (CRON) , Micron Technology (MU) , Alibaba Group (BABA) , Green Organic Dutchman (TGOD) and Advanced Micro Devices (AMD) .

How do I buy shares of Aurora Cannabis?

Shares of ACB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:ACB

Aurora Cannabis (ACB) Stock Price, News & Analysis

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Free ACB Stock Alerts

C$8.87

-0.14 (-1.55%)

(As of 04/19/2024 ET)

Compare

Today's Range: C$8.74
▼
C$9.31
50-Day Range: C$0.52
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C$9.75
52-Week Range: C$3.84
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C$15.50

Volume: 2.58 million shs
Average Volume: 1.27 million shs
Market Capitalization: C$483.77 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$2.26

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

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Aurora Cannabis MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 74.5% Downside
C$2.26 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$2,583 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.15 out of 5 stars

1.2

Analyst's Opinion

Consensus Rating
Aurora Cannabis has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Aurora Cannabis has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ACB.

0.0

Dividend Strength

Dividend Yield
Aurora Cannabis does not currently pay a dividend.
Dividend Growth
Aurora Cannabis does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ACB.

2.6

News and Social Media Coverage

News Sentiment
Aurora Cannabis has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Aurora Cannabis this week, compared to 2 articles on an average week.
Search Interest
54 people have searched for ACB on MarketBeat in the last 30 days. This is an increase of 64% compared to the previous 30 days.
MarketBeat Follows
6 people have added Aurora Cannabis to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aurora Cannabis insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,583.00 in company stock.
Percentage Held by Insiders
Only 0.01% of the stock of Aurora Cannabis is held by insiders.
Percentage Held by Institutions
Only 6.96% of the stock of Aurora Cannabis is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Aurora Cannabis is -0.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Aurora Cannabis is -0.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Aurora Cannabis has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Aurora Cannabis Stock (TSE:ACB)

Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada. It is also involved in the distribution of wholesale medical cannabis in the European Union (EU); distribution of wholesale medical cannabis in various international markets, including Australia, the Caribbean, South America, and Israel; supply of propagated vegetables and ornamental plants in North America; and distribution and sale of hemp-derived cannabidiol (CBD) products. In addition, the company cultivates and sells dried cannabis, cannabis oils, capsules, edible cannabis, cannabis extracts, and soft gels, which are ingested in various ways, including smoking, vaporizing, and consumption in the form of oil, capsules, edibles, and extracts; and provides dried flowers, vapes, dried milled strains, strain-specific extracts, strain specific cannabis oils, and concentrates. Further, it offers recreational cannabis products, such as flowers, vapes, ingestibles, concentrates, extracts, and CBD products; and patient counseling and outreach services. The company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard, as well as CBD brands, Reliva and KG7; and medical cannabis brands include MedReleaf, CanniMed, Aurora, Whistler Medical Marijuana Co, Pedanios, Bidiol, and CraftPlant. Aurora Cannabis Inc. is headquartered in Edmonton, Canada.

ACB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ACB Stock News Headlines

April 12, 2024 | americanbankingnews.com

Aurora Cannabis (TSE:ACB) Shares Up 1%

April 3, 2024 | msn.com

Aurora leads Canadian cannabis stocks higher after pot trade group beefs up ranks with industry exec

April 20, 2024 | DTI (Ad)

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April 3, 2024 | benzinga.com

Cannabis Stocks Continue Skyrocketing Amid Florida And Global Legalization Advances

April 3, 2024 | marketwatch.com

Aurora leads gains for Canadian cannabis stocks after pot trade group beefs up ranks with industry exec

April 2, 2024 | finance.yahoo.com

Recreational marijuana use will be on Florida's ballot in 2024

March 31, 2024 | finance.yahoo.com

ACB Sep 2024 7.000 put

March 28, 2024 | seekingalpha.com

What Cannabis Reform In Germany Means For North American Marijuana Companies

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Biden’s $374B Giveaway Into This Sector

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March 28, 2024 | msn.com

Aurora Cannabis to settle shareholder lawsuit over alleged ‘sham’ pot sales

March 22, 2024 | msn.com

Cannabis Stocks Surge as Schumer Increases Push for SAFER Banking Act