Atb Cap Markets Lowers Earnings Estimates for Canopy Growth

Canopy Growth Co. (NASDAQ:CGC) – Analysts at Atb Cap Markets dropped their FY2025 earnings per share (EPS) estimates for shares of Canopy Growth in a research note issued to investors on Sunday, February 9th. Atb Cap Markets analyst F. Gomes now expects that the company will post earnings per share of ($2.27) for the year, down from their prior forecast of ($2.18). Atb Cap Markets has a “Strong Sell” rating on the stock. The consensus estimate for Canopy Growth’s current full-year earnings is ($2.38) per share. Atb Cap Markets also issued estimates for Canopy Growth’s Q4 2025 earnings at ($0.27) EPS, FY2026 earnings at ($0.73) EPS, FY2027 earnings at ($0.20) EPS, FY2028 earnings at ($0.15) EPS and FY2029 earnings at ($0.08) EPS.

Canopy Growth Price Performance

CGC opened at $1.81 on Wednesday. The business has a fifty day moving average price of $2.63 and a 200 day moving average price of $4.17. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.39 and a quick ratio of 1.07. Canopy Growth has a 12 month low of $1.80 and a 12 month high of $14.92.

Hedge Funds Weigh In On Canopy Growth

Institutional investors and hedge funds have recently made changes to their positions in the stock. Wealthfront Advisers LLC purchased a new stake in shares of Canopy Growth during the 4th quarter worth $381,000. SBI Securities Co. Ltd. purchased a new stake in Canopy Growth during the 4th quarter worth about $587,000. Jones Financial Companies Lllp boosted its position in shares of Canopy Growth by 222.9% during the 4th quarter. Jones Financial Companies Lllp now owns 9,315 shares of the company’s stock worth $26,000 after acquiring an additional 6,430 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of Canopy Growth by 26.6% in the 4th quarter. Concurrent Investment Advisors LLC now owns 24,644 shares of the company’s stock valued at $68,000 after acquiring an additional 5,172 shares during the last quarter. Finally, Alberta Investment Management Corp acquired a new stake in shares of Canopy Growth during the 4th quarter worth about $264,000. 3.33% of the stock is owned by institutional investors and hedge funds.

Canopy Growth Company Profile

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments.