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Canopy Growth Corporation Stock (CGC) Forecast

The Canopy Growth Corporation (CGC) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.9224, representing a -88.87% decrease from the current price of $8.29. The highest analyst price target is $0.9394, and the lowest is $0.9053.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month CGC Price Target
Average 2.3382 (-71.79% Downside)
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Is Canopy Growth Corporation (CGC) A Buy Now?

Oscillators
Name Value Action
RSI(14) 54.00 Neutral
STOCH(9,6) 72.16 Neutral
STOCHRSI(14) 54.50 Neutral
MACD(12,26) 0.5524 Sell
ADX(14) 35.41 Buy
William %R -47.43 Neutral
CCI(14) 31.31 Neutral
Buy: 1 Sell: 1 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
8.2302
Buy
8.3621
Sell
MA20
8.5591
Sell
8.0367
Buy
MA50
6.063
Buy
6.8648
Buy
MA100
5.486
Buy
6.2787
Buy
MA200
5.8252
Buy
7.7126
Buy
Buy: 8 Sell: 2 Neutral: 0
Summary: Buy
According to our latest analysis, CGC could be considered a Strong Buy, with 17 technical analysis indicators signaling 9 Buy signals, 3 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on CGC, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 54 indicates that CGC is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 72.16 indicates that CGC is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 54.5 indicates that CGC is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 35.41 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 31.31 indicates that CGC is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

Long-term CGC price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Canopy Growth Corporation financial reports and earnings history, Canopy Growth Corporation (CGC) stock could reach $8.1395 by 2030, $21.82 by 2040 and $34.26 by 2050. See the projected annual prices until 2050 of the Canopy Growth Corporation stock below:

  • Canopy Growth Corporation (CGC) is expected to reach an average price of $17.99 in 2035, with a high prediction of $18.04 and a low estimate of $17.99. This indicates an $116.97% rise from the last recorded price of $8.29.
  • Canopy Growth Corporation (CGC) stock is projected to chart a bullish course in 2040, with an average price target of $21.23, representing an $156.05% surge from its current level. The forecast ranges from a conservative $21.23 to a sky-high $21.82.
  • Our analysts predict Canopy Growth Corporation (CGC) to jump 297.57% by 2045, soaring from $33.00 to an average price of $32.96, potentially reaching $33.52. While $33.00 is the low estimate, the potential upside is significant.
  • Canopy Growth Corporation (CGC) stock is expected to climb by 2050, reaching an average of $33.83, a $308.04% jump from its current level. However, a wide range of estimates exists, with high and low targets of $34.26 and $33.39, respectively, highlighting the market's uncertainty.

Canopy Growth Corporation Stock (CGC) Year by Year Forecast

Canopy Growth Corporation Stock (CGC) Price Forecast for 2024

Our forecast for CGC stock price in 2024 now indicates an average price target of $2.2035 with a high forecast of $4.3924 and a low forecast of $0.0146. The average prediction reflects an decrease of -73.42% from the last recorded price of $8.29.
Month Average Low High Change from today's price
May, 2024 $0.8793 $0.9053 $0.9394 -89.39%
June, 2024 $0.9482 $0.9338 $0.8844 -88.56%
July, 2024 $0.4557 $0.2841 $0.6887 -94.50%
August, 2024 $0.749 $0.517 $0.5246 -90.96%
September, 2024 $0.6693 $0.7057 $0.6626 -91.93%
October, 2024 $0.3847 $0.5847 $0.6162 -95.36%
November, 2024 $1.1029 $0.6761 $4.3924 -86.70%
December, 2024 $1.6776 $1.2359 $1.5076 -79.76%

Canopy Growth Corporation Stock (CGC) Price Forecast for 2025

Canopy Growth Corporation Stock (CGC) is expected to reach an average price of $2.242 in 2025, with a high prediction of $3.3141 and a low estimate of $1.17. This indicates an -72.95% fall from the last recorded price of $8.29.
Month Average Low High Change from today's price
January, 2025 $1.8594 $1.7406 $1.8394 -77.57%
February, 2025 $2.2057 $2.0914 $2.0352 -73.39%
March, 2025 $2.4117 $2.2376 $2.2621 -70.91%
April, 2025 $2.2803 $2.2777 $2.3288 -72.49%
May, 2025 $2.0873 $2.278 $2.2312 -74.82%
June, 2025 $1.7913 $1.5882 $2.0098 -78.39%
July, 2025 $1.9991 $1.8933 $1.8637 -75.89%
August, 2025 $1.8881 $1.9401 $1.907 -77.22%
September, 2025 $1.8334 $1.7693 $1.818 -77.88%
October, 2025 $2.7288 $1.17 $3.2248 -67.08%
November, 2025 $3.1865 $2.8532 $3.0165 -61.56%
December, 2025 $3.5212 $3.2409 $3.3141 -57.52%

Canopy Growth Corporation Stock (CGC) Price Forecast for 2026

The predicted value for Canopy Growth Corporation (CGC) in 2026 is set at an average of $2.7221. Estimates vary from a peak of $5.0543 to a trough of $0.39, indicating an -67.16% surge from the present price of $8.29.
Month Average Low High Change from today's price
January, 2026 $3.6662 $3.5405 $3.5561 -55.78%
February, 2026 $3.8097 $3.7705 $3.6771 -54.04%
March, 2026 $3.6631 $3.65 $3.7182 -55.81%
April, 2026 $3.4135 $3.4397 $3.5779 -58.82%
May, 2026 $3.0783 $2.8923 $2.9789 -62.87%
June, 2026 $3.1679 $3.1718 $3.1513 -61.79%
July, 2026 $3.0727 $3.0808 $3.0739 -62.94%
August, 2026 $2.9868 $2.954 $3.0197 -63.97%
September, 2026 $4.3876 $0.39 $4.2126 -47.07%
October, 2026 $4.7012 $4.563 $4.6312 -43.29%
November, 2026 $4.9955 $4.787 $4.9168 -39.74%
December, 2026 $5.1766 $4.9896 $5.0543 -37.56%

Canopy Growth Corporation Stock (CGC) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Canopy Growth Corporation (CGC) is $4.2285, with a high forecast of $6.507 and a low forecast of $1.95. This indicates an -48.99% decrease from the last price of $8.29.
Month Average Low High Change from today's price
January, 2027 $5.1709 $5.2091 $5.1076 -37.63%
February, 2027 $5.0184 $5.0223 $5.0465 -39.46%
March, 2027 $4.3187 $4.7125 $4.9247 -47.90%
April, 2027 $4.4092 $4.1964 $4.304 -46.81%
May, 2027 $4.3154 $4.4133 $4.3957 -47.94%
June, 2027 $4.2469 $4.2866 $4.2927 -48.77%
July, 2027 $4.1326 $4.1387 $4.1266 -50.15%
August, 2027 $6.0494 $1.95 $5.8594 -27.03%
September, 2027 $6.1188 $6.1567 $6.1314 -26.19%
October, 2027 $6.4532 $6.3535 $6.3745 -22.16%
November, 2027 $6.687 $6.4387 $6.507 -19.34%
December, 2027 $6.4298 $6.5243 $6.497 -22.44%

Canopy Growth Corporation Stock (CGC) Price Forecast for 2028

In 2028, Canopy Growth Corporation (CGC) is projected to reach an average price of $5.716, with a high projection of $7.922 and a low estimate of $3.51. This indicates an -31.05% fall from the last price of $8.29.
Month Average Low High Change from today's price
January, 2028 $6.3011 $6.3071 $6.3317 -23.99%
February, 2028 $5.1705 $5.5005 $6.0005 -37.63%
March, 2028 $5.6499 $5.6652 $5.5825 -31.85%
April, 2028 $5.5512 $5.6491 $5.6401 -33.04%
May, 2028 $5.348 $5.422 $5.5114 -35.49%
June, 2028 $3.29 $3.51 $5.1033 -60.31%
July, 2028 $7.6741 $7.3388 $7.4741 -7.43%
August, 2028 $7.8494 $7.7129 $7.6317 -5.32%
September, 2028 $7.8695 $7.8282 $7.8321 -5.07%
October, 2028 $7.9627 $7.9658 $7.922 -3.95%
November, 2028 $7.741 $7.767 $7.8864 -6.62%
December, 2028 $7.6393 $7.6453 $7.6938 -7.85%

Canopy Growth Corporation Stock (CGC) Price Forecast for 2029

The 2029 price forecast for Canopy Growth Corporation Stock (CGC) is $7.2035 on average, with a high prediction of $9.337 and a low estimate of $5.07. This represents an -13.11% decrease from the previous price of $8.29.
Month Average Low High Change from today's price
January, 2029 $6.9335 $6.8046 $7.3302 -16.36%
February, 2029 $7.0562 $6.9522 $6.861 -14.88%
March, 2029 $6.8429 $6.885 $6.8845 -17.46%
April, 2029 $6.308 $6.508 $6.7302 -23.91%
May, 2029 $8.8603 $5.07 $8.7203 +6.88%
June, 2029 $9.1914 $8.9506 $8.9914 +10.87%
July, 2029 $9.2329 $9.2217 $9.2129 +11.37%
August, 2029 $9.4085 $9.3369 $9.2898 +13.49%
September, 2029 $9.3692 $9.3978 $9.337 +13.02%
October, 2029 $9.0993 $9.1166 $9.2758 +9.76%
November, 2029 $8.7357 $8.9264 $9.0068 +5.38%
December, 2029 $8.2264 $8.1086 $8.6156 -0.77%

Canopy Growth Corporation Stock (CGC) Price Forecast for 2030

Canopy Growth Corporation Stock (CGC) is expected to reach an average price of $8.691 in 2030, with a high forecast of $10.75 and a low forecast of $6.63. This signifies an +4.84% surge from the last price of $8.29.
Month Average Low High Change from today's price
January, 2030 $8.2637 $8.2647 $8.1395 -0.32%
February, 2030 $7.982 $8.034 $8.1289 -3.72%
March, 2030 $7.4927 $7.6927 $7.8568 -9.62%
April, 2030 $10.44 $6.63 $10.32 +25.98%
May, 2030 $10.73 $10.53 $10.56 +29.44%
June, 2030 $10.71 $10.74 $10.69 +29.16%
July, 2030 $10.83 $10.79 $10.75 +30.60%
August, 2030 $10.80 $10.80 $10.75 +30.27%
September, 2030 $10.44 $10.45 $10.67 +25.93%
October, 2030 $10.02 $10.05 $10.31 +20.86%
November, 2030 $9.5135 $9.4127 $9.542 +14.76%
December, 2030 $9.3898 $9.4434 $9.418 +13.27%
$13.25
price down icon 2.39%
$72.03
price down icon 0.29%
$55.99
price down icon 0.56%
drug_manufacturers_specialty_generic RDY
$73.75
price down icon 0.95%
$138.47
price down icon 0.28%
$11.63
price down icon 1.32%
Cap:     |  Volume (24h):