Flora Growth (FLGC) Stock Forecast, Price Target & Predictions
FLGC Stock Forecast
Flora Growth stock forecast is as follows: an average price target of $173.50 (represents a 17823.55% upside from FLGC’s last price of $0.97) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
FLGC Price Target
FLGC Analyst Ratings
Flora Growth Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Apr 03, 2024 | William Kirk | Roth Capital | $7.00 | $2.05 | 241.46% | 623.14% |
Aug 08, 2022 | Pablo Zuanic | Cantor Fitzgerald | $340.00 | $304.20 | 11.77% | 35023.97% |
Flora Growth Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $7.00 |
Last Closing Price | $0.97 | $0.97 | $0.97 |
Upside/Downside | -100.00% | -100.00% | 623.14% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 15, 2024 | Alliance Global Partners | Buy | Neutral | Downgrade |
Apr 05, 2024 | Alliance Global Partners | Buy | Buy | Hold |
Aug 08, 2022 | Cantor Fitzgerald | - | Neutral | Initialise |
Flora Growth Financial Forecast
Flora Growth 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 | Mar 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | $17.32M | $21.46M | $20.11M | $11.49M | $10.77M | $4.95M |
Avg Forecast | $20.60M | $19.55M | $18.06M | $19.34M | $17.77M | $16.77M | $15.69M | $19.04M | $16.52M | $21.10M | $20.80M | $22.96M | $12.97M | $11.35M | $1.40M |
High Forecast | $20.87M | $19.81M | $18.29M | $19.59M | $18.00M | $16.99M | $15.90M | $19.29M | $16.73M | $21.38M | $21.07M | $23.26M | $13.14M | $11.50M | $1.48M |
Low Forecast | $20.33M | $19.29M | $17.82M | $19.08M | $17.53M | $16.54M | $15.49M | $18.79M | $16.30M | $20.82M | $20.53M | $22.66M | $12.80M | $11.20M | $1.32M |
# Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | - | - |
Surprise % | - | - | - | - | - | - | - | - | - | 0.82% | 1.03% | 0.88% | 0.89% | 0.95% | 3.53% |
Flora Growth 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 | Mar 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | - | - |
EBITDA | - | - | - | - | - | - | - | - | - | $-248.00K | $-4.16M | $-2.11M | $22.31M | $-3.39M | $-7.22M |
Avg Forecast | $-3.80M | $-3.61M | $-3.34M | $-3.57M | $-3.28M | $-3.10M | $-2.90M | $-3.52M | $-3.05M | $-3.90M | $-3.84M | $-4.24M | $-2.40M | $-2.10M | $-258.61K |
High Forecast | $-3.75M | $-3.56M | $-3.29M | $-3.52M | $-3.24M | $-3.05M | $-2.86M | $-3.47M | $-3.01M | $-3.85M | $-3.79M | $-4.18M | $-2.36M | $-2.07M | $-243.76K |
Low Forecast | $-3.85M | $-3.66M | $-3.38M | $-3.62M | $-3.32M | $-3.14M | $-2.94M | $-3.56M | $-3.09M | $-3.95M | $-3.89M | $-4.30M | $-2.43M | $-2.12M | $-273.31K |
Surprise % | - | - | - | - | - | - | - | - | - | 0.06% | 1.08% | 0.50% | -9.31% | 1.62% | 27.91% |
Flora Growth 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 | Mar 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | - | - |
Net Income | - | - | - | - | - | - | - | - | - | $1.24M | $-44.56M | $-3.90M | $-12.53M | $-7.36M | $-7.53M |
Avg Forecast | $802.98K | $600.39K | $325.98K | $470.86K | $-378.78K | $-1.08M | $-2.86M | $-2.67M | $-858.23K | $-2.46M | $-4.91M | $-8.59M | $-16.37M | $-14.73M | $-3.68M |
High Forecast | $816.69K | $610.64K | $331.55K | $478.90K | $-372.31K | $-958.77K | $-2.81M | $-2.63M | $-429.12K | $-2.41M | $-4.83M | $-8.45M | $-16.09M | $-14.48M | $-3.41M |
Low Forecast | $789.27K | $590.14K | $320.41K | $462.82K | $-385.24K | $-1.20M | $-2.91M | $-2.72M | $-1.23M | $-2.50M | $-5.00M | $-8.74M | $-16.65M | $-14.99M | $-3.96M |
Surprise % | - | - | - | - | - | - | - | - | - | -0.50% | 9.07% | 0.45% | 0.77% | 0.50% | 2.04% |
Flora Growth 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 | Mar 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | - | - |
SG&A | - | - | - | - | - | - | - | - | - | $4.53M | $6.92M | $6.93M | $8.38M | $7.56M | $8.90M |
Avg Forecast | $476.77M | $452.58M | $417.97M | $447.60M | $411.26M | $388.11M | $363.23M | $440.73M | $382.33M | $488.42M | $481.48M | $531.41M | $300.27M | $262.79M | $32.41M |
High Forecast | $483.03M | $458.52M | $423.46M | $453.48M | $416.66M | $393.20M | $368.00M | $446.51M | $387.36M | $494.84M | $487.80M | $538.39M | $304.21M | $266.24M | $34.25M |
Low Forecast | $470.50M | $446.63M | $412.48M | $441.72M | $405.86M | $382.78M | $358.46M | $434.94M | $377.31M | $482.01M | $475.15M | $524.43M | $296.32M | $259.34M | $30.55M |
Surprise % | - | - | - | - | - | - | - | - | - | 0.01% | 0.01% | 0.01% | 0.03% | 0.03% | 0.27% |
Flora Growth 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 | Mar 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | - | - |
EPS | - | - | - | - | - | - | - | - | - | $0.18 | $-6.62 | $-0.03 | $-0.30 | $-0.10 | $-0.11 |
Avg Forecast | $0.07 | $0.05 | $0.03 | $0.04 | $-0.03 | $-0.09 | $-0.23 | $-0.22 | $-0.07 | $-0.20 | $-0.40 | $-0.70 | $-1.33 | $-1.20 | $-0.30 |
High Forecast | $0.07 | $0.05 | $0.03 | $0.04 | $-0.03 | $-0.08 | $-0.23 | $-0.21 | $-0.03 | $-0.20 | $-0.39 | $-0.69 | $-1.31 | $-1.18 | $-0.28 |
Low Forecast | $0.06 | $0.05 | $0.03 | $0.04 | $-0.03 | $-0.10 | $-0.24 | $-0.22 | $-0.10 | $-0.20 | $-0.41 | $-0.71 | $-1.36 | $-1.22 | $-0.32 |
Surprise % | - | - | - | - | - | - | - | - | - | -0.90% | 16.55% | 0.04% | 0.23% | 0.08% | 0.37% |
FLGC Forecast FAQ
Is Flora Growth a good buy?
No, according to 2 Wall Street analysts, Flora Growth (FLGC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of FLGC's total ratings.
What is FLGC's price target?
Flora Growth (FLGC) average price target is $173.5 with a range of $7 to $340, implying a 17823.55% from its last price of $0.968. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Flora Growth stock go up soon?
According to Wall Street analysts' prediction for FLGC stock, the company can go up by 17823.55% (from the last price of $0.968 to the average price target of $173.5), up by 35023.97% based on the highest stock price target, and up by 623.14% based on the lowest stock price target.
Can Flora Growth stock reach $1?
FLGC's average twelve months analyst stock price target of $173.5 supports the claim that Flora Growth can reach $1 in the near future.
What are Flora Growth's analysts' financial forecasts?
Flora Growth's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $69.26M (high $70.17M, low $68.34M), average EBITDA is $-12.795M (high $-12.625M, low $-12.963M), average net income is $-6.992M (high $-6.771M, low $-7.213M), average SG&A $1.6B (high $1.62B, low $1.58B), and average EPS is $-0.57 (high $-0.552, low $-0.587). FLGC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $77.54M (high $78.56M, low $76.52M), average EBITDA is $-14.323M (high $-14.135M, low $-14.512M), average net income is $2.2M (high $2.24M, low $2.16M), average SG&A $1.79B (high $1.82B, low $1.77B), and average EPS is $0.179 (high $0.182, low $0.176).
Did the FLGC's actual financial results beat the analysts' financial forecasts?
Based on Flora Growth's last annual report (Dec 2023), the company's revenue was $76.07M, which missed the average analysts forecast of $81.37M by -6.52%. Apple's EBITDA was $-45.87M, beating the average prediction of $-15.031M by 205.16%. The company's net income was $-57.036M, beating the average estimation of $-16.82M by 239.10%. Apple's SG&A was $3.95M, missing the average forecast of $1.88B by -99.79%. Lastly, the company's EPS was $-7.75, beating the average prediction of $-1.37 by 465.73%. In terms of the last quarterly report (Sep 2023), Flora Growth's revenue was $17.32M, missing the average analysts' forecast of $21.1M by -17.93%. The company's EBITDA was $-248K, missing the average prediction of $-3.898M by -93.64%. Flora Growth's net income was $1.24M, missing the average estimation of $-2.456M by -150.37%. The company's SG&A was $4.53M, missing the average forecast of $488.42M by -99.07%. Lastly, the company's EPS was $0.18, missing the average prediction of $-0.2 by -190.00%