TSE:WEED Canopy Growth (WEED) Stock Price, News & Analysis → 4x Better than Bitcoin (From Behind the Markets) (Ad) Free WEED Stock Alerts C$11.66 -1.29 (-9.96%) (As of 03/28/2024 ET) Add Compare Share Share Today's RangeC$11.03▼C$13.7050-Day RangeC$3.75▼C$12.9552-Week RangeC$3.74▼C$26.00Volume10.73 million shsAverage Volume2.17 million shsMarket CapitalizationC$1.06 billionP/E RatioN/ADividend Yield4.80%Price TargetC$3.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Get Canopy Growth alerts: Email Address Canopy Growth MarketRank™ Stock AnalysisAnalyst RatingReduce1.50 Rating ScoreUpside/Downside72.6% DownsideC$3.20 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.86Based on 10 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.0.14 out of 5 stars 0.8 Analyst's Opinion Consensus RatingCanopy Growth has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$3.20, Canopy Growth has a forecasted downside of 72.6% from its current price of C$11.66.Amount of Analyst CoverageCanopy Growth has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for WEED. Previous Next 1.7 Dividend Strength Dividend LeadershipCanopy Growth is a leading dividend payer. It pays a dividend yield of 4.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanopy Growth does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WEED. Previous Next 3.3 News and Social Media Coverage News SentimentCanopy Growth has a news sentiment score of 0.86. 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 is a higher news sentiment than the 0.61 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Canopy Growth this week, compared to 5 articles on an average week.Search Interest15 people have searched for WEED on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canopy Growth insiders have not sold or bought any company stock.Percentage Held by Insiders19.04% of the stock of Canopy Growth is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.90% of the stock of Canopy Growth is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canopy Growth is -0.55, 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. SectorThe P/E ratio of Canopy Growth is -0.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioDue to a projected decrease in earnings for Canopy Growth, their PEG ratio cannot be calculated.Price to Book Value per Share RatioCanopy Growth has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyBombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.All the facts are here. About Canopy Growth Stock (TSE:WEED)Canopy Growth Corporation, together with its subsidiaries, engages in growing, possession, and sale of medical cannabis in Canada. Its products include dried flowers, oils and concentrates, softgel capsules, and hemps. The company offers its products under the Tweed, Black Label, Spectrum Cannabis, DNA Genetics, Leafs By Snoop, CraftGrow, and Foria brand names. It also offers its products through Tweed Main Street, a single online platform that enables registered patients to purchase medicinal cannabis from various producers across various brands. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada to investigate the efficacy of cannabinoids for the treatment of post-concussion neurological diseases in former NHL players; and partnership with Parent Action on Drugs. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.Read More WEED Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WEED Stock News HeadlinesMarch 28, 2024 | msn.comTim Seymour Sees High Times Ahead For Cannabis StocksMarch 28, 2024 | americanbankingnews.comCanopy Growth (TSE:WEED) Trading Up 8.7%March 29, 2024 | Behind the Markets (Ad)4x Better than Bitcoin4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.March 27, 2024 | americanbankingnews.comCanopy Growth (TSE:WEED) Trading Down 10.5%March 25, 2024 | finance.yahoo.comWhy Canopy Growth Stock Dropped 9.5% TodayMarch 24, 2024 | msn.comCanopy Growth Shares Surge Following Germany’s Cannabis Decriminalization, Defying Previous Predictions of Zero ValueMarch 24, 2024 | americanbankingnews.comCanopy Growth (TSE:WEED) Sets New 1-Year High at $10.11March 22, 2024 | msn.comCanopy Growth shares—predicted to hit zero last year—surge as Germany decriminalizes cannabisMarch 29, 2024 | Behind the Markets (Ad)4x Better than Bitcoin4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.March 21, 2024 | msn.comWhy Canopy Growth Stock Jumped 16% on WednesdayMarch 18, 2024 | msn.comWhat's Going On With Marijuana Stocks Tilray And Canopy Growth?March 15, 2024 | fool.caIs the Worst Over for Canopy Growth Stock?March 15, 2024 | ca.finance.yahoo.comCannabis retailer High Tide buys pot brand Queen of Bud's IP for $1MMarch 14, 2024 | msn.comA cannabis tax will be on Stanislaus County’s November ballot. Here’s what it would mean.March 14, 2024 | finance.yahoo.comINDEPENDENT PROXY ADVISOR, GLASS LEWIS, RECOMMENDS CANOPY GROWTH SHAREHOLDERS VOTE FOR THE CREATION OF EXCHANGEABLE SHARES TO FURTHER THE ADVANCEMENT OF CANOPY USAMarch 13, 2024 | finance.yahoo.comCANNABIS INDUSTRY MOGULS MEET IN MIAMI FOR BENZINGA CONFERENCEMarch 11, 2024 | finance.yahoo.comCANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHARESMarch 4, 2024 | benzinga.comWana Brands CEO Spearheads International Expansion In Cannabis Edible MarketMarch 1, 2024 | barrons.comCanopy Growth Corp.February 28, 2024 | ca.finance.yahoo.comCanopy Growth Corporation (WEED.TO)February 25, 2024 | investing.comCanopy Growth unveils new cannabis pre-roll productsFebruary 22, 2024 | msn.comNew Products Can’t Keep Canopy Growth (TSE:WEED) Up for LongFebruary 22, 2024 | ca.finance.yahoo.comStocks in play: Canopy Growth CorpFebruary 22, 2024 | fool.caForget Canopy Growth: 3 Utility Stocks to Buy InsteadFebruary 22, 2024 | finanznachrichten.deCanopy Growth Corporation: Canopy Growth Launches New Pre-rolls From 7acres And HiwayFebruary 15, 2024 | finance.yahoo.comCanopy Growth Corporation: Canopy's Financial Performance Improving, but Repeated Dilution Continues to Destroy ValueFebruary 13, 2024 | finance.yahoo.comCanopy Growth Corporation (11L.F)See More Headlines Receive WEED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canopy Growth and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today3/29/2024Next Earnings (Estimated)6/20/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorMedical Industry Drug Manufacturers - Specialty & Generic Sub-IndustryCannabis Current SymbolTSE:WEED CUSIPN/A CIKN/A Webwww.canopygrowth.com Phone+1-613-5999600FaxN/AEmployees2,700Year FoundedN/APrice Target and Rating Average Stock Price TargetC$3.20 High Stock Price TargetC$6.70 Low Stock Price TargetC$0.50 Potential Upside/Downside-72.6%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C($21.30) Trailing P/E RatioN/A Forward P/E RatioN/A P/E Growth-0.01Net IncomeC$-1,180,000,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-121.56% Return on Assets-8.89% Debt Debt-to-Equity Ratio127.28 Current Ratio1.79 Quick Ratio2.32 Sales & Book Value Annual SalesC$362.24 million Price / Sales2.93 Cash FlowC$7.15 per share Price / Cash Flow1.63 Book ValueC$6.57 per share Price / Book1.77Miscellaneous Outstanding Shares91,110,000Free FloatN/AMarket CapC$1.06 billion OptionableNot Optionable Beta1.63 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Bruce A. Linton (Age 52)Co-Founder, Chairman & Co-CEO Mr. Mark Anthony Nicholas ZekulinPres & Co-CEOMr. Timothy Rob SaundersExec. OfficerMr. Rade KovacevicExec. VPMr. Mike LeeActing Chief Financial OfficerKey CompetitorsOrganigramTSE:OGIICC LabsCVE:ICCHydropothecaryCVE:THCXKnight TherapeuticsTSE:GUDCronos GroupTSE:CRONView All CompetitorsInsidersDavid Angelo LazzaratoSold 38,502 sharesTotal: C$31,186.62 ($0.81/share)David Eric KleinSold 18,775 sharesTotal: C$9,763.00 ($0.52/share)Judy Eun Joo HongSold 1,087 sharesTotal: C$565.24 ($0.52/share)Thomas Carlton StewartSold 19,667 sharesTotal: C$12,193.54 ($0.62/share)David Angelo LazzaratoSold 3,872 sharesTotal: C$2,400.64 ($0.62/share)View All Insider Transactions WEED Stock Analysis - Frequently Asked Questions Should I buy or sell Canopy Growth stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canopy Growth in the last twelve months. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" WEED shares. View WEED analyst ratings or view top-rated stocks. What is Canopy Growth's stock price target for 2024? 4 brokers have issued 12-month price targets for Canopy Growth's shares. Their WEED share price targets range from C$0.50 to C$6.70. On average, they anticipate the company's stock price to reach C$3.20 in the next twelve months. This suggests that the stock has a possible downside of 72.6%. View analysts price targets for WEED or view top-rated stocks among Wall Street analysts. How have WEED shares performed in 2024? Canopy Growth's stock was trading at C$6.76 on January 1st, 2024. Since then, WEED shares have increased by 72.5% and is now trading at C$11.66. View the best growth stocks for 2024 here. When is Canopy Growth's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 20th 2024. View our WEED earnings forecast. What other stocks do shareholders of Canopy Growth own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canopy Growth investors own include Aurora Cannabis (ACB), Aphria (APHA), Auxly Cannabis Group (CBWTF), KushCo (KSHB), Cronos Group (CRON), Aurora Cannabis (ACBFF), GW Pharmaceuticals (GWPH) and Alibaba Group (BABA). How do I buy shares of Canopy Growth? Shares of WEED 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. This page (TSE:WEED) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeYour Money is Not SafeAmerican AlternativeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaThe ONE AI Sock to own now. (It’s not Nvidia.)Weiss Ratings“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Canopy Growth Corp Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.