Atb Cap Markets Lowers Earnings Estimates for Canopy Growth

Canopy Growth Co. (NASDAQ:CGC) – Investment analysts at Atb Cap Markets decreased their FY2025 earnings estimates for Canopy Growth in a research note issued to investors on Sunday, February 9th. Atb Cap Markets analyst F. Gomes now forecasts that the company will earn ($2.27) per share for the year, down from their previous 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 Stock Performance

CGC opened at $1.81 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.82. Canopy Growth has a one year low of $1.80 and a one year high of $14.92. The business’s 50-day simple moving average is $2.63 and its 200-day simple moving average is $4.17.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC grew its holdings in shares of Canopy Growth by 26.6% during the fourth quarter. Concurrent Investment Advisors LLC now owns 24,644 shares of the company’s stock worth $68,000 after buying an additional 5,172 shares during the last quarter. Jones Financial Companies Lllp lifted its position in 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 during the period. Sassicaia Capital Advisers LLC acquired a new position in shares of Canopy Growth in the third quarter valued at approximately $54,000. PFG Investments LLC purchased a new stake in shares of Canopy Growth during the third quarter worth approximately $54,000. Finally, Financial Advocates Investment Management acquired a new stake in shares of Canopy Growth during the third quarter worth $57,000. Institutional investors and hedge funds own 3.33% of the company’s stock.

About Canopy Growth

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.