Canopy Growth Corporation

TSX:WEED Stock Report

Market Cap: CA$814.6m

Canopy Growth Future Growth

Future criteria checks 1/6

Canopy Growth is forecast to grow earnings and revenue by 54.9% and 11.5% per annum respectively. EPS is expected to grow by 56.4% per annum. Return on equity is forecast to be -221.8% in 3 years.

Key information

54.9%

Earnings growth rate

56.4%

EPS growth rate

Pharmaceuticals earnings growth66.5%
Revenue growth rate11.5%
Future return on equity-221.8%
Analyst coverage

Good

Last updated12 Aug 2024

Recent future growth updates

Analysts Have Been Trimming Their Canopy Growth Corporation (TSE:WEED) Price Target After Its Latest Report

Feb 13
Analysts Have Been Trimming Their Canopy Growth Corporation (TSE:WEED) Price Target After Its Latest Report

Recent updates

We Think Canopy Growth (TSE:WEED) Has A Fair Chunk Of Debt

Aug 17
We Think Canopy Growth (TSE:WEED) Has A Fair Chunk Of Debt

Some Confidence Is Lacking In Canopy Growth Corporation (TSE:WEED) As Shares Slide 26%

Jun 15
Some Confidence Is Lacking In Canopy Growth Corporation (TSE:WEED) As Shares Slide 26%

Canopy Growth Corporation's (TSE:WEED) 77% Share Price Surge Not Quite Adding Up

Apr 20
Canopy Growth Corporation's (TSE:WEED) 77% Share Price Surge Not Quite Adding Up

More Unpleasant Surprises Could Be In Store For Canopy Growth Corporation's (TSE:WEED) Shares After Tumbling 28%

Feb 23
More Unpleasant Surprises Could Be In Store For Canopy Growth Corporation's (TSE:WEED) Shares After Tumbling 28%

Analysts Have Been Trimming Their Canopy Growth Corporation (TSE:WEED) Price Target After Its Latest Report

Feb 13
Analysts Have Been Trimming Their Canopy Growth Corporation (TSE:WEED) Price Target After Its Latest Report

Why We're Not Concerned Yet About Canopy Growth Corporation's (TSE:WEED) 42% Share Price Plunge

Dec 22
Why We're Not Concerned Yet About Canopy Growth Corporation's (TSE:WEED) 42% Share Price Plunge

Is Canopy Growth (TSE:WEED) A Risky Investment?

Sep 17
Is Canopy Growth (TSE:WEED) A Risky Investment?

With A 31% Price Drop For Canopy Growth Corporation (TSE:WEED) You'll Still Get What You Pay For

Apr 17
With A 31% Price Drop For Canopy Growth Corporation (TSE:WEED) You'll Still Get What You Pay For

Is Canopy Growth (TSE:WEED) Using Too Much Debt?

Mar 21
Is Canopy Growth (TSE:WEED) Using Too Much Debt?

Earnings Update: Canopy Growth Corporation (TSE:WEED) Just Reported And Analysts Are Trimming Their Forecasts

Feb 12
Earnings Update: Canopy Growth Corporation (TSE:WEED) Just Reported And Analysts Are Trimming Their Forecasts

Is Canopy Growth (TSE:WEED) Using Too Much Debt?

Dec 08
Is Canopy Growth (TSE:WEED) Using Too Much Debt?

Earnings and Revenue Growth Forecasts

TSX:WEED - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027383-86-59-754
3/31/2026327-105-78-919
3/31/2025294-182-130-10113
6/30/2024287-602-191-185N/A
3/31/2024297-484-286-282N/A
12/31/2023293-984-407-400N/A
9/30/2023299-976-520-511N/A
6/30/2023317-1,025-576-566N/A
3/31/2023333-3,079-568-558N/A
12/31/2022367-3,051-559-544N/A
9/30/2022423-2,938-583-568N/A
6/30/2022466-2,766-550-521N/A
3/31/2022476-255-594-546N/A
12/31/2021557-428-587-517N/A
9/30/2021569-1,223-552-437N/A
6/30/2021572-1,244-644-513N/A
3/31/2021547-1,745-622-466N/A
12/31/2020506-2,348-803-579N/A
9/30/2020477-1,535-1,033-681N/A
6/30/2020419-1,244-1,282-733N/A
3/31/2020399-1,321-1,495-773N/A
12/31/2019385-415-1,610-802N/A
9/30/2019344-256-1,578-709N/A
6/30/2019291-832-1,408-626N/A
3/31/2019226-736-1,254-535N/A
12/31/2018155-398-958-332N/A
9/30/201894-464-709-257N/A
6/30/201888-148-462-137N/A
3/31/201878-67N/A-82N/A
12/31/201770-21N/A-60N/A
9/30/201758-19N/A-41N/A
6/30/201749-13N/A-36N/A
3/31/201740-8N/A-27N/A
12/31/201630-1N/A-14N/A
9/30/201624-7N/A-15N/A
6/30/201618-8N/A-14N/A
3/31/201613-3N/A-14N/A
12/31/201580N/A-14N/A
9/30/201561N/A-12N/A
6/30/20153-5N/A-10N/A
3/31/20152-7N/A-9N/A
12/31/20141-9N/A-10N/A
9/30/20141-7N/A-8N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WEED is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: WEED is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: WEED is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: WEED's revenue (11.5% per year) is forecast to grow faster than the Canadian market (6.5% per year).

High Growth Revenue: WEED's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WEED is forecast to be unprofitable in 3 years.


Discover growth companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.