GrowGeneration (GRWG) Stock Forecast, Price Target & Predictions

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GRWG Stock Forecast

GrowGeneration stock forecast is as follows: an average price target of $4.17 (represents a 122.99% upside from GRWG’s last price of $1.87) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

GRWG Price Target

The average price target for GrowGeneration (GRWG) is $4.17 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $5.00 to $3.50. This represents a potential 122.99% upside from GRWG's last price of $1.87.

GRWG Analyst Ratings

Buy

According to 8 Wall Street analysts, GrowGeneration's rating consensus is 'Buy'. The analyst rating breakdown for GRWG stock is 0 'Strong Buy' (0.00%), 4 'Buy' (50.00%), 3 'Hold' (37.50%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).

GrowGeneration Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jul 26, 2024	Mark Smith	Lake Street	$4.00	$2.40	66.67%	113.90%
Jun 22, 2022	-	Wells Fargo	$3.50	$3.90	-10.26%	87.17%
May 13, 2022	Eric Des Lauriers	Craig-Hallum	$5.00	$4.46	12.11%	167.38%
May 11, 2022	Chris Carey	Wells Fargo	$4.00	$3.84	4.17%	113.90%

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The latest GrowGeneration stock forecast, released on Jul 26, 2024 by Mark Smith from Lake Street, set a price target of $4.00, which represents a 66.67% increase from the stock price at the time of the forecast ($2.40), and a 113.90% increase from GRWG last price ($1.87).

GrowGeneration Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$4.00
Last Closing Price	$1.87	$1.87	$1.87
Upside/Downside	-100.00%	-100.00%	113.90%

In the current month, the average price target of GrowGeneration stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to GrowGeneration's last price of $1.87. 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
Jul 26, 2024	Lake Street	Buy	Buy	Hold
May 09, 2024	Alliance Global Partners	Neutral	Neutral	Hold
May 10, 2023	Scotiabank	-	Outperform	Upgrade
May 10, 2023	Goldman Sachs	-	Sell	Downgrade
May 10, 2023	Cowen & Co.	-	Market Perform	Downgrade
May 10, 2023	UBS	-	Buy	Initialise
May 10, 2023	Craig-Hallum	Hold	Buy	Upgrade
Jan 03, 2023	Wells Fargo	Equal-Weight	Equal-Weight	Hold
Aug 05, 2022	Alliance Global Partners	-	Buy	Downgrade
Jun 22, 2022	Wells Fargo	Equal-Weight	Equal-Weight	Hold

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GrowGeneration's last stock rating was published by Lake Street on Jul 26, 2024. The company gave GRWG a "Buy" rating, the same as its previous rate.

GrowGeneration Financial Forecast

GrowGeneration Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$49.45M	$55.68M	$63.92M	$56.83M	$54.46M	$70.85M	$71.09M	$81.77M	$90.58M	$116.00M	$125.89M	$90.02M	$61.92M	$55.01M	$43.45M	$32.98M	$25.38M	$21.78M
Avg Forecast	$53.00M	$57.00M	$55.00M	$47.00M	$47.32M	$47.65M	$47.41M	$43.80M	$42.42M	$48.73M	$53.72M	$47.63M	$45.52M	$54.64M	$64.98M	$55.95M	$51.78M	$57.55M	$82.57M	$83.68M	$90.81M	$114.78M	$112.31M	$86.36M	$61.50M	$47.37M	$36.61M	$31.55M	$26.00M	$20.41M
High Forecast	$53.00M	$57.00M	$55.00M	$47.00M	$47.32M	$47.65M	$47.41M	$43.80M	$42.42M	$49.72M	$53.72M	$47.63M	$46.12M	$54.64M	$64.98M	$55.95M	$51.78M	$57.55M	$82.57M	$83.68M	$90.81M	$114.78M	$112.31M	$86.36M	$61.50M	$47.37M	$36.61M	$31.55M	$26.00M	$20.41M
Low Forecast	$53.00M	$57.00M	$55.00M	$47.00M	$47.32M	$47.65M	$47.41M	$43.80M	$42.42M	$47.73M	$53.72M	$47.63M	$43.80M	$54.64M	$64.98M	$55.95M	$51.78M	$57.55M	$82.57M	$83.68M	$90.81M	$114.78M	$112.31M	$86.36M	$61.50M	$47.37M	$36.61M	$31.55M	$26.00M	$20.41M
# Analysts	1	1	1	1	1	1	1	1	1	3	1	4	5	4	4	4	3	3	3	3	4	4	4	4	4	4	4	4	3	3
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.09%	1.02%	0.98%	1.02%	1.05%	1.23%	0.86%	0.98%	1.00%	1.01%	1.12%	1.04%	1.01%	1.16%	1.19%	1.05%	0.98%	1.07%

GrowGeneration's average Quarter revenue forecast for Mar 24 based on 4 analysts is $47.63M, with a low forecast of $47.63M, and a high forecast of $47.63M. GRWG's average Quarter revenue forecast represents a -3.68% decrease compared to the company's last Quarter revenue of $49.45M (Dec 23).

GrowGeneration EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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
# Analysts	1	1	1	1	1	1	1	1	1	3	1	4	5	4	4	4	3	3	3	3	4	4	4	4	4	4	4	4	3	3
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$10.46M	$31.19M	$40.56M	$-1.88M	$-11.30M	$-3.87M	$-4.04M	$-2.30M	$-3.15M	$8.69M	$12.55M	$9.76M	$3.97M	$5.56M	$3.21M	$-1.73M	$52.82K	$1.44M
Avg Forecast	$419.26K	$450.90K	$435.08K	$371.80K	$374.30K	$376.90K	$375.05K	$346.45K	$335.55K	$385.48K	$424.94K	$376.80K	$360.09K	$432.27K	$514.03K	$442.60K	$409.58K	$455.25K	$653.14K	$-2.02M	$718.35K	$907.97K	$888.42K	$6.13M	$486.50K	$374.75K	$289.62K	$-6.22M	$205.67K	$161.48K
High Forecast	$419.26K	$450.90K	$435.08K	$371.80K	$374.30K	$376.90K	$375.05K	$346.45K	$335.55K	$393.28K	$424.94K	$376.80K	$364.85K	$432.27K	$514.03K	$442.60K	$409.58K	$455.25K	$653.14K	$-1.61M	$718.35K	$907.97K	$888.42K	$7.36M	$486.50K	$374.75K	$289.62K	$-4.97M	$205.67K	$161.48K
Low Forecast	$419.26K	$450.90K	$435.08K	$371.80K	$374.30K	$376.90K	$375.05K	$346.45K	$335.55K	$377.59K	$424.94K	$376.80K	$346.47K	$432.26K	$514.03K	$442.60K	$409.58K	$455.25K	$653.14K	$-2.42M	$718.35K	$907.97K	$888.42K	$4.91M	$486.50K	$374.75K	$289.62K	$-7.46M	$205.67K	$161.48K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	29.06%	72.15%	78.92%	-4.25%	-27.59%	-8.50%	-6.18%	1.14%	-4.38%	9.57%	14.13%	1.59%	8.15%	14.83%	11.09%	0.28%	0.26%	8.91%

4 analysts predict GRWG's average Quarter EBITDA for Mar 24 to be $376.80K, with a high of $376.80K and a low of $376.80K. This is -96.40% lower than GrowGeneration's previous annual EBITDA (Dec 23) of $10.46M.

GrowGeneration Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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
# Analysts	1	1	1	1	1	1	1	1	1	3	1	4	5	4	4	4	3	3	3	3	4	4	4	4	4	4	4	4	3	3
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-27.31M	$-7.35M	$-5.70M	$-4.51M	$-14.99M	$-7.20M	$-136.38M	$-5.18M	$-10.35M	$4.03M	$6.71M	$6.15M	$1.51M	$3.34M	$2.57M	$-2.09M	$-462.32K	$1.05M
Avg Forecast	$-3.64M	$-1.21M	$-1.21M	$-3.64M	$-2.43M	$-3.03M	$-3.64M	$-5.76M	$-6.98M	$-6.67M	$-4.74M	$-6.59M	$-8.13M	$-6.59M	$-4.62M	$-6.67M	$-8.60M	$-7.59M	$-4.70M	$-4.53M	$-5.60M	$5.23M	$7.28M	$3.86M	$4.25M	$4.16M	$2.86M	$-7.54M	$1.58M	$1.52M
High Forecast	$-3.64M	$-1.21M	$-1.21M	$-3.64M	$-2.43M	$-3.03M	$-3.64M	$-5.76M	$-6.98M	$-6.67M	$-4.74M	$-6.59M	$-7.45M	$-6.59M	$-4.62M	$-6.67M	$-8.60M	$-7.59M	$-4.70M	$-3.62M	$-5.60M	$5.23M	$7.28M	$4.64M	$4.25M	$4.16M	$2.86M	$-6.03M	$1.58M	$1.52M
Low Forecast	$-3.64M	$-1.21M	$-1.21M	$-3.64M	$-2.43M	$-3.03M	$-3.64M	$-5.76M	$-6.98M	$-6.67M	$-4.74M	$-6.59M	$-9.48M	$-6.59M	$-4.62M	$-6.67M	$-8.60M	$-7.59M	$-4.70M	$-5.44M	$-5.60M	$5.23M	$7.28M	$3.09M	$4.25M	$4.16M	$2.86M	$-9.04M	$1.58M	$1.52M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	3.36%	1.12%	1.23%	0.68%	1.74%	0.95%	29.00%	1.14%	1.85%	0.77%	0.92%	1.59%	0.36%	0.80%	0.90%	0.28%	-0.29%	0.69%

GrowGeneration's average Quarter net income forecast for Dec 21 is $-5.60M, with a range of $-5.60M to $-5.60M. GRWG's average Quarter net income forecast represents a -238.97% decrease compared to the company's last Quarter net income of $4.03M (Sep 21).

GrowGeneration SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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
# Analysts	1	1	1	1	1	1	1	1	1	3	1	4	5	4	4	4	3	3	3	3	4	4	4	4	4	4	4	4	3	3
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$7.88M	$7.58M	$7.50M	$6.84M	$8.59M	$8.80M	$10.65M	$10.32M	$11.92M	$11.01M	$10.56M	$7.41M	$13.30M	$9.47M	$8.78M	$11.06M	$7.07M	$5.37M
Avg Forecast	$8.28M	$8.90M	$8.59M	$7.34M	$7.39M	$7.44M	$7.41M	$6.84M	$6.63M	$7.61M	$8.39M	$7.44M	$7.11M	$8.54M	$10.15M	$8.74M	$8.09M	$8.99M	$12.90M	$9.03M	$14.19M	$17.93M	$17.54M	$4.65M	$9.61M	$7.40M	$5.72M	$4.93M	$4.06M	$3.19M
High Forecast	$8.28M	$8.90M	$8.59M	$7.34M	$7.39M	$7.44M	$7.41M	$6.84M	$6.63M	$7.77M	$8.39M	$7.44M	$7.20M	$8.54M	$10.15M	$8.74M	$8.09M	$8.99M	$12.90M	$10.84M	$14.19M	$17.93M	$17.54M	$5.59M	$9.61M	$7.40M	$5.72M	$4.93M	$4.06M	$3.19M
Low Forecast	$8.28M	$8.90M	$8.59M	$7.34M	$7.39M	$7.44M	$7.41M	$6.84M	$6.63M	$7.46M	$8.39M	$7.44M	$6.84M	$8.54M	$10.15M	$8.74M	$8.09M	$8.99M	$12.90M	$7.23M	$14.19M	$17.93M	$17.54M	$3.72M	$9.61M	$7.40M	$5.72M	$4.93M	$4.06M	$3.19M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.11%	0.89%	0.74%	0.78%	1.06%	0.98%	0.83%	1.14%	0.84%	0.61%	0.60%	1.59%	1.38%	1.28%	1.53%	2.24%	1.74%	1.68%

GrowGeneration's average Quarter SG&A projection for Mar 24 is $7.44M, based on 4 Wall Street analysts, with a range of $7.44M to $7.44M. The forecast indicates a -5.53% fall compared to GRWG last annual SG&A of $7.88M (Dec 23).

GrowGeneration EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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
# Analysts	1	1	1	1	1	1	1	1	1	3	1	4	5	4	4	4	3	3	3	3	4	4	4	4	4	4	4	4	3	3
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.44	$-0.12	$-0.09	$-0.07	$-0.25	$-0.12	$-2.24	$-0.09	$-0.18	$0.07	$0.11	$0.11	$0.03	$0.07	$0.07	$-0.06	$-0.01	$0.03
Avg Forecast	$-0.06	$-0.02	$-0.02	$-0.06	$-0.04	$-0.05	$-0.06	$-0.10	$-0.12	$-0.11	$-0.08	$-0.11	$-0.13	$-0.11	$-0.08	$-0.11	$-0.14	$-0.13	$-0.08	$-0.08	$-0.09	$0.09	$0.12	$0.07	$0.07	$0.07	$0.05	$0.03	$0.03	$0.03
High Forecast	$-0.06	$-0.02	$-0.02	$-0.06	$-0.04	$-0.05	$-0.06	$-0.10	$-0.12	$-0.11	$-0.08	$-0.11	$-0.12	$-0.11	$-0.08	$-0.11	$-0.14	$-0.13	$-0.08	$-0.08	$-0.09	$0.09	$0.12	$0.07	$0.07	$0.07	$0.05	$0.03	$0.03	$0.03
Low Forecast	$-0.06	$-0.02	$-0.02	$-0.06	$-0.04	$-0.05	$-0.06	$-0.10	$-0.12	$-0.11	$-0.08	$-0.11	$-0.16	$-0.11	$-0.08	$-0.11	$-0.14	$-0.13	$-0.08	$-0.08	$-0.09	$0.09	$0.12	$0.07	$0.07	$0.07	$0.05	$0.03	$0.03	$0.03
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	3.29%	1.11%	1.23%	0.67%	1.76%	0.96%	28.90%	1.03%	1.95%	0.81%	0.92%	1.47%	0.45%	1.02%	1.48%	-1.72%	-0.47%	1.20%

According to 4 Wall Street analysts, GrowGeneration's projected average Quarter EPS for Dec 21 is $-0.09, with a low estimate of $-0.09 and a high estimate of $-0.09. This represents a -231.75% decrease compared to GRWG previous annual EPS of $0.07 (Sep 21).

GrowGeneration Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
CHPT	ChargePoint	$1.10	$12.40	1027.27%	Buy
LESL	Leslie's	$2.87	$8.47	195.12%	Hold
EYE	National Vision	$11.07	$28.38	156.37%	Hold
WOOF	Petco Health and Wellness Company	$4.21	$9.42	123.75%	Buy
GRWG	GrowGeneration	$1.87	$4.17	122.99%	Buy
EVGO	EVgo	$5.20	$9.58	84.23%	Buy
BBWI	Bath & Body Works	$31.61	$48.67	53.97%	Buy
HZO	MarineMax	$30.82	$47.20	53.15%	Buy
RH	RH	$326.55	$433.92	32.88%	Buy
ULTA	Ulta Beauty	$382.74	$446.92	16.77%	Hold
DKS	DICK'S Sporting Goods	$197.33	$225.90	14.48%	Buy
ARKO	Arko	$6.74	$7.38	9.50%	Hold
BBY	Best Buy	$90.70	$96.19	6.05%	Buy
SBH	Sally Beauty	$12.53	$12.00	-4.23%	Buy
AZO	AutoZone	$3.16K	$2.91K	-7.91%	Buy
MUSA	Murphy USA	$527.58	$322.50	-38.87%	Buy

GRWG Forecast FAQ

Is GrowGeneration a good buy?

Yes, according to 8 Wall Street analysts, GrowGeneration (GRWG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 50.00% of GRWG's total ratings.

What is GRWG's price target?

GrowGeneration (GRWG) average price target is $4.17 with a range of $3.5 to $5, implying a 122.99% from its last price of $1.87. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will GrowGeneration stock go up soon?

According to Wall Street analysts' prediction for GRWG stock, the company can go up by 122.99% (from the last price of $1.87 to the average price target of $4.17), up by 167.38% based on the highest stock price target, and up by 87.17% based on the lowest stock price target.

Can GrowGeneration stock reach $3?

GRWG's average twelve months analyst stock price target of $4.17 supports the claim that GrowGeneration can reach $3 in the near future.

What are GrowGeneration's analysts' financial forecasts?

GrowGeneration's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $186.17M (high $186.17M, low $186.17M), average EBITDA is $1.47M (high $1.47M, low $1.47M), average net income is $-14.867M (high $-14.867M, low $-14.867M), average SG&A $29.08M (high $29.08M, low $29.08M), and average EPS is $-0.245 (high $-0.245, low $-0.245). GRWG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $212M (high $212M, low $212M), average EBITDA is $1.68M (high $1.68M, low $1.68M), average net income is $-9.709M (high $-9.709M, low $-9.709M), average SG&A $33.12M (high $33.12M, low $33.12M), and average EPS is $-0.16 (high $-0.16, low $-0.16).

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

Based on GrowGeneration's last annual report (Dec 2023), the company's revenue was $225.88M, beating the average analysts forecast of $221.1M by 2.16%. Apple's EBITDA was $118M, beating the average prediction of $1.75M by 6646.68%. The company's net income was $-46.496M, beating the average estimation of $-26.006M by 78.79%. Apple's SG&A was $29.8M, missing the average forecast of $34.54M by -13.72%. Lastly, the company's EPS was $-0.76, beating the average prediction of $-0.429 by 77.33%. In terms of the last quarterly report (Dec 2023), GrowGeneration's revenue was $49.45M, beating the average analysts' forecast of $45.52M by 8.64%. The company's EBITDA was $10.46M, beating the average prediction of $360.09K by 2805.92%. GrowGeneration's net income was $-27.314M, beating the average estimation of $-8.127M by 236.09%. The company's SG&A was $7.88M, beating the average forecast of $7.11M by 10.76%. Lastly, the company's EPS was $-0.44, beating the average prediction of $-0.134 by 228.53%