Cronos Group (CRON) Stock Forecast, Price Target & Predictions

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CRON Stock Forecast

Cronos Group stock forecast is as follows: an average price target of $3.43 (represents a 64.90% upside from CRON’s last price of $2.08) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.

CRON Price Target

The average price target for Cronos Group (CRON) is $3.43 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $4.50 to $2.30. This represents a potential 64.90% upside from CRON's last price of $2.08.

CRON Analyst Ratings

Hold

According to 4 Wall Street analysts, Cronos Group's rating consensus is 'Hold'. The analyst rating breakdown for CRON stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 2 'Hold' (50.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

Cronos Group Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Aug 09, 2024	Lisa Lewandowski	Bank of America Securities	-	-	-0.86%	10.58%
Sep 30, 2022		Barclays	-	-	19.45%	68.27%
May 11, 2022	Matt Bottomley	Canaccord Genuity	-	-	41.51%	116.35%

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The latest Cronos Group stock forecast, released on Aug 09, 2024 by Lisa Lewandowski from Bank of America Securities, set a price target of $2.30, which represents a -0.86% decrease from the stock price at the time of the forecast ($2.32), and a 10.58% increase from CRON last price ($2.08).

Cronos Group Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$2.30
Last Closing Price	$2.08	$2.08	$2.08
Upside/Downside	-100.00%	-100.00%	10.58%

In the current month, the average price target of Cronos Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cronos Group's last price of $2.08. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Aug 09, 2024	Bank of America Securities	Underperform	Underperform	Hold
May 15, 2024	CIBC	Outperform	Outperform	Hold
Apr 08, 2024	Bank of America Securities	Underperform	Underperform	Hold
Sep 30, 2022	Barclays	Equal-Weight	Equal-Weight	Hold
Feb 22, 2022	Canaccord Genuity	Sell	Sell	Hold
Feb 22, 2022	Piper Sandler	Neutral	Neutral	Hold

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Cronos Group's last stock rating was published by Bank of America Securities on Aug 09, 2024. The company gave CRON a "Underperform" rating, the same as its previous rate.

Cronos Group Financial Forecast

Cronos Group Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 17
Revenue	-	-	-	-	-	-	-	-	$47.19M	$33.91M	$25.80M	$20.14M	$22.89M	$20.92M	$23.06M	$25.03M	$25.80M	$20.41M	$15.62M	$12.61M	$17.05M	$11.36M	$9.88M	$8.43M	$1.54M	$9.59M	$7.80M	$4.85M	$385.25K
Avg Forecast	$42.30M	$40.16M	$36.38M	$34.86M	$34.91M	$30.60M	$26.09M	$23.85M	$25.73M	$20.01M	$22.32M	$24.06M	$22.20M	$24.99M	$27.99M	$23.97M	$23.58M	$19.94M	$14.88M	$16.56M	$13.32M	$11.10M	$9.22M	$10.49M	$12.13M	$10.37M	$5.47M	$4.77M	$514.20K
High Forecast	$42.30M	$40.16M	$36.38M	$34.86M	$34.91M	$30.60M	$26.09M	$23.85M	$26.81M	$20.01M	$22.32M	$24.06M	$22.20M	$24.99M	$27.99M	$23.97M	$23.58M	$19.94M	$14.88M	$16.56M	$13.32M	$11.10M	$9.22M	$10.49M	$12.13M	$10.37M	$5.47M	$4.77M	$617.04K
Low Forecast	$42.30M	$40.16M	$36.38M	$34.86M	$34.91M	$30.60M	$26.09M	$23.85M	$24.66M	$20.01M	$22.32M	$24.06M	$22.20M	$24.99M	$27.99M	$23.97M	$23.58M	$19.94M	$14.88M	$16.56M	$13.32M	$11.10M	$9.22M	$10.49M	$12.13M	$10.37M	$5.47M	$4.77M	$411.36K
# Analysts	1	1	1	1	1	1	2	2	3	1	1	1	1	1	1	1	1	1	1	1	1	1	7	6	5	5	5	5	13
Surprise %	-	-	-	-	-	-	-	-	1.83%	1.69%	1.16%	0.84%	1.03%	0.84%	0.82%	1.04%	1.09%	1.02%	1.05%	0.76%	1.28%	1.02%	1.07%	0.80%	0.13%	0.93%	1.43%	1.02%	0.75%

Cronos Group's average Quarter revenue forecast for Mar 24 based on 2 analysts is $23.85M, with a low forecast of $23.85M, and a high forecast of $23.85M. CRON's average Quarter revenue forecast represents a -49.47% decrease compared to the company's last Quarter revenue of $47.19M (Dec 23).

Cronos Group EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 17
# Analysts	1	1	1	1	1	1	2	2	3	1	1	1	1	1	1	1	1	1	1	1	1	1	7	6	5	5	5	5	13
EBITDA	-	-	-	-	-	-	-	-	$-63.80M	$-1.44M	$-7.01M	$-10.13M	$-445.00K	$-17.35M	$-22.56M	$-21.65M	$-32.47M	$-49.73M	$-54.70M	$-41.10M	$-56.67M	$-36.16M	$-30.02M	$-157.27M	$1.11B	$-669.87M	$-215.76M	$1.95M	$-320.83K
Avg Forecast	$-40.65M	$-38.60M	$-34.96M	$-33.50M	$-33.55M	$-29.41M	$-25.08M	$-45.28M	$-24.73M	$-19.23M	$-21.45M	$-41.03M	$-299.01M	$-15.84M	$-17.74M	$-29.96M	$-14.94M	$-12.64M	$-9.43M	$-520.72M	$-8.44M	$-7.03M	$-5.85M	$-6.65M	$-7.69M	$-6.57M	$-3.46M	$-3.02M	$-487.68K
High Forecast	$-40.65M	$-38.60M	$-34.96M	$-33.50M	$-33.55M	$-29.41M	$-25.08M	$-36.23M	$-23.70M	$-19.23M	$-21.45M	$-32.82M	$-239.21M	$-15.84M	$-17.74M	$-23.97M	$-14.94M	$-12.64M	$-9.43M	$-416.58M	$-8.44M	$-7.03M	$-5.85M	$-6.65M	$-7.69M	$-6.57M	$-3.46M	$-3.02M	$-390.15K
Low Forecast	$-40.65M	$-38.60M	$-34.96M	$-33.50M	$-33.55M	$-29.41M	$-25.08M	$-54.34M	$-25.76M	$-19.23M	$-21.45M	$-49.23M	$-358.82M	$-15.84M	$-17.74M	$-35.96M	$-14.94M	$-12.64M	$-9.43M	$-624.87M	$-8.44M	$-7.03M	$-5.85M	$-6.65M	$-7.69M	$-6.57M	$-3.46M	$-3.02M	$-585.22K
Surprise %	-	-	-	-	-	-	-	-	2.58%	0.07%	0.33%	0.25%	0.00%	1.10%	1.27%	0.72%	2.17%	3.94%	5.80%	0.08%	6.71%	5.14%	5.14%	23.66%	-144.08%	101.95%	62.28%	-0.65%	0.66%

6 analysts predict CRON's average Quarter EBITDA for Mar 20 to be $-6.65M, with a high of $-6.65M and a low of $-6.65M. This is -100.60% lower than Cronos Group's previous annual EBITDA (Dec 19) of $1.11B.

Cronos Group Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 17
# Analysts	1	1	1	1	1	1	2	2	3	1	1	1	1	1	1	1	1	1	1	1	1	1	7	6	5	5	5	5	13
Net Income	-	-	-	-	-	-	-	-	$-44.70M	$-1.64M	$-8.36M	$-19.26M	$-78.86M	$-36.89M	$-20.34M	$-32.65M	$-133.89M	$77.92M	$57.05M	$-279.93M	$-111.58M	$69.03M	$-106.98M	$76.04M	$58.10M	$595.53M	$191.28M	$320.42M	$-633.21K
Avg Forecast	-	$10.28M	$5.14M	$10.28M	$1.72M	$2.61M	$-1.76M	$-53.93M	$-22.17M	$-9.15M	$-15.32M	$-48.86M	$-305.44M	$-29.40M	$-27.56M	$-35.68M	$-51.46M	$-38.76M	$-36.24M	$-526.88M	$-34.16M	$-27.29M	$-27.57M	$580.44M	$-16.40M	$-12.87M	$11.97B	$-11.46M	$-845.17K
High Forecast	-	$10.28M	$5.14M	$10.28M	$10.71M	$2.61M	$-1.76M	$-43.14M	$-22.17M	$-9.15M	$-15.32M	$-39.09M	$-244.35M	$-29.40M	$-27.56M	$-28.55M	$-51.46M	$-38.76M	$-36.24M	$-421.51M	$-34.16M	$-27.29M	$-27.57M	$696.52M	$-16.40M	$-12.87M	$14.36B	$-11.46M	$-676.13K
Low Forecast	-	$10.28M	$5.14M	$10.28M	$-5.55M	$2.61M	$-1.76M	$-64.71M	$-44.34M	$-9.15M	$-15.32M	$-58.63M	$-366.53M	$-29.40M	$-27.56M	$-42.82M	$-51.46M	$-38.76M	$-36.24M	$-632.26M	$-34.16M	$-27.29M	$-27.57M	$464.35M	$-16.40M	$-12.87M	$9.57B	$-11.46M	$-1.01M
Surprise %	-	-	-	-	-	-	-	-	2.02%	0.18%	0.55%	0.39%	0.26%	1.25%	0.74%	0.92%	2.60%	-2.01%	-1.57%	0.53%	3.27%	-2.53%	3.88%	0.13%	-3.54%	-46.26%	0.02%	-27.96%	0.75%

Cronos Group's average Quarter net income forecast for Dec 21 is $-51.46M, with a range of $-51.46M to $-51.46M. CRON's average Quarter net income forecast represents a -166.05% decrease compared to the company's last Quarter net income of $77.92M (Sep 21).

Cronos Group SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 17
# Analysts	1	1	1	1	1	1	2	2	3	1	1	1	1	1	1	1	1	1	1	1	1	1	7	6	5	5	5	5	13
SG&A	-	-	-	-	-	-	-	-	$10.63M	$19.66M	$18.75M	$20.80M	$24.95M	$27.36M	$25.20M	$31.07M	$32.69M	$46.03M	$38.19M	$34.66M	$35.48M	$34.01M	$27.49M	$33.31M	$67.17M	$23.00M	$17.17M	$8.87M	$1.18M
Avg Forecast	$88.45M	$83.98M	$76.07M	$72.90M	$73.00M	$63.99M	$54.57M	$49.87M	$53.81M	$41.85M	$46.68M	$50.31M	$46.42M	$52.35M	$58.63M	$50.21M	$49.38M	$41.76M	$31.17M	$34.68M	$27.90M	$23.24M	$19.32M	$21.97M	$25.41M	$21.71M	$11.45M	$9.99M	$1.08M
High Forecast	$88.45M	$83.98M	$76.07M	$72.90M	$73.00M	$63.99M	$54.57M	$49.87M	$56.05M	$41.85M	$46.68M	$50.31M	$46.42M	$52.35M	$58.63M	$50.21M	$49.38M	$41.76M	$31.17M	$34.68M	$27.90M	$23.24M	$19.32M	$21.97M	$25.41M	$21.71M	$11.45M	$9.99M	$1.29M
Low Forecast	$88.45M	$83.98M	$76.07M	$72.90M	$73.00M	$63.99M	$54.57M	$49.87M	$51.56M	$41.85M	$46.68M	$50.31M	$46.42M	$52.35M	$58.63M	$50.21M	$49.38M	$41.76M	$31.17M	$34.68M	$27.90M	$23.24M	$19.32M	$21.97M	$25.41M	$21.71M	$11.45M	$9.99M	$861.57K
Surprise %	-	-	-	-	-	-	-	-	0.20%	0.47%	0.40%	0.41%	0.54%	0.52%	0.43%	0.62%	0.66%	1.10%	1.23%	1.00%	1.27%	1.46%	1.42%	1.52%	2.64%	1.06%	1.50%	0.89%	1.09%

Cronos Group's average Quarter SG&A projection for Mar 24 is $49.87M, based on 2 Wall Street analysts, with a range of $49.87M to $49.87M. The forecast indicates a 369.00% rise compared to CRON last annual SG&A of $10.63M (Dec 23).

Cronos Group EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 17
# Analysts	1	1	1	1	1	1	2	2	3	1	1	1	1	1	1	1	1	1	1	1	1	1	7	6	5	5	5	5	13
EPS	-	-	-	-	-	-	-	-	$-0.11	$-0.00	$-0.02	$-0.05	$-0.21	$-0.10	$-0.05	$-0.09	$-0.36	$0.21	$0.46	$-0.77	$-0.32	$0.20	$-0.52	$0.91	$0.18	$1.76	$0.57	$1.46	$-0.01
Avg Forecast	-	$0.03	$0.01	$0.03	-	$0.01	$-0.00	$-0.01	$-0.06	$-0.02	$-0.04	$-0.05	$-0.07	$-0.08	$-0.07	$-0.11	$-0.13	$-0.10	$-0.09	$-0.11	$-0.09	$-0.07	$-0.07	$-0.08	$-0.04	$-0.03	$-0.02	$-0.03	$-0.01
High Forecast	-	$0.03	$0.01	$0.03	$0.03	$0.01	$-0.00	$-0.01	$-0.06	$-0.02	$-0.04	$-0.05	$-0.07	$-0.08	$-0.07	$-0.11	$-0.13	$-0.10	$-0.09	$-0.11	$-0.09	$-0.07	$-0.07	$-0.08	$-0.04	$-0.03	$-0.02	$-0.03	$-0.01
Low Forecast	-	$0.03	$0.01	$0.03	$-0.01	$0.01	$-0.00	$-0.01	$-0.11	$-0.02	$-0.04	$-0.05	$-0.07	$-0.08	$-0.07	$-0.11	$-0.13	$-0.10	$-0.09	$-0.11	$-0.09	$-0.07	$-0.07	$-0.08	$-0.04	$-0.03	$-0.02	$-0.03	$-0.01
Surprise %	-	-	-	-	-	-	-	-	1.92%	0.00%	0.50%	0.94%	2.98%	1.27%	0.75%	0.82%	2.67%	-2.07%	-4.85%	6.90%	3.58%	-2.80%	7.21%	-11.45%	-4.19%	-52.24%	-23.29%	-48.69%	0.56%

According to 1 Wall Street analysts, Cronos Group's projected average Quarter EPS for Dec 21 is $-0.13, with a low estimate of $-0.13 and a high estimate of $-0.13. This represents a -164.12% decrease compared to CRON previous annual EPS of $0.21 (Sep 21).

Cronos Group Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
TLRY	Tilray Brands	-	-	453.73%	Hold
CGC	Canopy Growth	-	-	271.03%	Hold
SNDL	SNDL	-	-	99.49%	Hold
CRON	Cronos Group	-	-	64.90%	Hold
ACB	Aurora Cannabis	-	-	36.41%	Hold

CRON Forecast FAQ

Is Cronos Group a good buy?

No, according to 4 Wall Street analysts, Cronos Group (CRON) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of CRON's total ratings.

What is CRON's price target?

Cronos Group (CRON) average price target is $3.43 with a range of $2.3 to $4.5, implying a 64.90% from its last price of $2.08. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Cronos Group stock go up soon?

According to Wall Street analysts' prediction for CRON stock, the company can go up by 64.90% (from the last price of $2.08 to the average price target of $3.43), up by 116.35% based on the highest stock price target, and up by 10.58% based on the lowest stock price target.

Can Cronos Group stock reach $3?

CRON's average twelve months analyst stock price target of $3.43 supports the claim that Cronos Group can reach $3 in the near future.

What are Cronos Group's analysts' financial forecasts?

Cronos Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $115.45M (high $115.45M, low $115.45M), average EBITDA is $-133M (high $-124M, low $-142M), average net income is $-51.362M (high $-31.586M, low $-69.417M), average SG&A $241.42M (high $241.42M, low $241.42M), and average EPS is $-0.00695 (high $0.0163, low $-0.0258). CRON's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $153.7M (high $153.7M, low $153.7M), average EBITDA is $-148M (high $-148M, low $-148M), average net income is $25.71M (high $25.71M, low $25.71M), average SG&A $321.4M (high $321.4M, low $321.4M), and average EPS is $0.0666 (high $0.0666, low $0.0666).

Did the CRON's actual financial results beat the analysts' financial forecasts?

Based on Cronos Group's last annual report (Dec 2023), the company's revenue was $120.27M, beating the average analysts forecast of $92.13M by 30.55%. Apple's EBITDA was $-72.149M, missing the average prediction of $-106M by -32.22%. The company's net income was $-73.963M, missing the average estimation of $-95.501M by -22.55%. Apple's SG&A was $72.18M, missing the average forecast of $192.65M by -62.54%. Lastly, the company's EPS was $-0.19, beating the average prediction of $-0.175 by 8.61%. In terms of the last quarterly report (Dec 2023), Cronos Group's revenue was $47.19M, beating the average analysts' forecast of $25.73M by 83.41%. The company's EBITDA was $-63.801M, beating the average prediction of $-24.729M by 158.00%. Cronos Group's net income was $-44.702M, beating the average estimation of $-22.17M by 101.63%. The company's SG&A was $10.63M, missing the average forecast of $53.81M by -80.24%. Lastly, the company's EPS was $-0.11, beating the average prediction of $-0.0574 by 91.51%