Thursday, October 30, 2025

Canopy Growth Sees Consensus Estimates Point To Q1 2023 Revenues Of C$113 Million

Canopy Growth (TSX: WEED will be reporting its fiscal first quarter financial results tomorrow before the market opens. Analysts have a consensus C$5.20 12-month price target on the company, via a total of 16 analysts, with one analyst having a buy rating.

Seven analysts meanwhile have hold ratings, five analysts have sell ratings and three analysts have strong sell ratings on the stock. The street high comes from MKM Partners with a C$13.00 price target, and the lowest target sits at C$2.50.

13 analysts have revenue estimates for the first quarter. The mean revenue estimate between all 13 analysts is C$113 million; this number has been revised downwards continually since the start of the year. The highest revenue estimate is C$120.2 million, while the lowest is C$108.2 million.

Onto EBITDA estimates, there are currently 12 analysts who have first-quarter EBITDA estimates. The mean is currently -C$74.14 million. The estimate has been revised lower since the start of the year. Street high is an estimated -C$12.83 million EBITDA, and the lowest is -C$106 million.

Analysts estimate that quarterly earnings per share will come in at -C$0.29, down from the -C$0.20 estimate at the start of the year. The street high estimate is -C$0.23, and the lowest estimate is -C$0.33 per share for the quarter.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Silver47 Completes Property-Wide Geochemical, Rock Sampling Program At Adams Plateau, Identifies Numerous Targets

Altamira Gold Identifies Presence Of Second Mineralized Porphyry Body At Cajueiro

Related News

Suncor: BMO Reiterates Rating, Lowers Price Target To $28

Friday morning, BMO Capital Markets put out a note on Suncor Energy (TSX: SU), upgrading...

Saturday, October 3, 2020, 01:20:00 PM

K92 Mining: BMO Reiterates Ratings After 2022 Guidance Release

On January 24th, K92 Mining Inc. (TSX: KNT) announced their 2022 operational guidance, wherein the...

Sunday, January 30, 2022, 01:12:00 PM

BMO Lowers IAMGOLD Price Target Following Westwood Layoffs

Yesterday, IAMGOLD Corp (TSX: IMG) announced a temporary workforce reduction to the tune of 437...

Tuesday, November 24, 2020, 12:03:00 PM

DraftKings: Canaccord Lowers Estimates Based On Planned Future Reinvestment

DraftKings Inc. (Nasdaq: DKNG) earlier this month announced its third-quarter financial results. The company announced...

Sunday, November 20, 2022, 06:29:00 PM

IAMGOLD: BMO Lowers Target Due To “Unknown Unknowns”

On October 18th, IAMGOLD Corp (TSX: IMG) filed their third quarter updates. The company reported...

Monday, November 1, 2021, 05:24:00 PM