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 93.95% upside from GRWG’s last price of $2.15) 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 93.95% upside from GRWG's last price of $2.15.

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 26, 2024Mark SmithLake Street$4.00$2.4066.67%86.05%
Jun 22, 2022-Wells Fargo$3.50$3.90-10.26%62.79%
May 13, 2022Eric Des LauriersCraig-Hallum$5.00$4.4612.11%132.56%
May 11, 2022Chris CareyWells Fargo$4.00$3.844.17%86.05%
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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 86.05% increase from GRWG last price ($2.15).

GrowGeneration Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$4.00$4.00
Last Closing Price$2.15$2.15$2.15
Upside/Downside-100.00%86.05%86.05%

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 $2.15. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jul 26, 2024Lake StreetBuyBuyHold
May 09, 2024Alliance Global PartnersNeutralNeutralHold
May 10, 2023Scotiabank-OutperformUpgrade
May 10, 2023Goldman Sachs-SellDowngrade
May 10, 2023Cowen & Co.-Market PerformDowngrade
May 10, 2023UBS-BuyInitialise
May 10, 2023Craig-HallumHoldBuyUpgrade
Jan 03, 2023Wells FargoEqual-WeightEqual-WeightHold
Aug 05, 2022Alliance Global Partners-BuyDowngrade
Jun 22, 2022Wells FargoEqual-WeightEqual-WeightHold
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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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$49.45M$55.68M$63.92M$56.83M$54.46M$70.85M-$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$47.39M$47.67M$46.89M$42.98M$42.67M$48.75M$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$55.57M$59.77M$57.67M$49.28M$49.69M$49.98M$49.17M$45.06M$44.75M$49.79M$56.33M$49.95M$46.12M$57.30M$68.14M$58.67M$54.29M$60.34M$82.57M$90.87M$98.62M$124.65M$121.97M$93.79M$66.79M$51.45M$39.76M$34.26M$28.24M$22.17M
Low Forecast$50.34M$54.14M$52.24M$44.64M$45.01M$45.27M$44.53M$40.82M$40.53M$47.80M$51.02M$45.24M$43.80M$51.90M$61.71M$53.14M$49.17M$54.66M$82.57M$74.27M$80.60M$101.87M$99.68M$76.65M$54.58M$42.05M$32.50M$28.00M$23.08M$18.12M
# Analysts222211112424544433112222222211
Surprise %------------1.09%1.02%0.98%1.02%1.05%1.23%-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 $45.24M, and a high forecast of $49.95M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112424544433112222222211
EBITDA------------$10.46M$31.19M$40.56M$-1.88M$-11.30M$-3.87M-$-2.30M$-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$374.90K$377.08K$370.94K$339.98K$337.57K$385.62K$424.94K$376.80K$360.09K$432.27K$514.03K$442.60K$409.58K$9.93M$653.14K$-2.02M$718.35K$10.62M$13.60M$6.13M$486.50K$5.56M$2.57M$-6.22M$205.67K$1.44M
High Forecast$439.62K$472.80K$456.21K$389.85K$393.11K$395.40K$388.95K$356.49K$353.97K$393.83K$445.58K$395.10K$364.85K$453.26K$539.00K$464.10K$429.47K$11.91M$653.14K$-1.61M$780.14K$12.74M$16.32M$7.36M$528.34K$6.67M$3.08M$-4.97M$223.37K$1.73M
Low Forecast$398.19K$428.24K$413.22K$353.11K$356.06K$358.14K$352.30K$322.89K$320.61K$378.12K$403.58K$357.87K$346.47K$410.54K$488.20K$420.36K$389.00K$7.94M$653.14K$-2.42M$637.57K$8.49M$10.88M$4.91M$431.79K$4.45M$2.05M$-7.46M$182.55K$1.15M
Surprise %------------29.06%72.15%78.92%-4.25%-27.59%-0.39%-1.14%-4.38%0.82%0.92%1.59%8.15%1.00%1.25%0.28%0.26%1.00%

4 analysts predict GRWG's average Quarter EBITDA for Mar 24 to be $376.80K, with a high of $395.10K and a low of $357.87K. This is -96.40% lower than GrowGeneration's previous annual EBITDA (Dec 23) of $10.46M.

GrowGeneration Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112424544433112222222211
Net Income------------$-27.31M$-7.35M$-5.70M$-4.51M$-14.99M$-7.20M-$-5.18M$-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$-3.64M$-2.73M$-2.73M$-3.19M$-5.01M$-6.47M$-6.07M$-4.74M$-6.59M$-8.13M$-6.59M$-4.62M$-6.67M$-8.60M$4.60M$-4.77M$-4.53M$-5.66M$4.92M$7.27M$3.86M$4.30M$3.34M$2.06M$-7.54M$1.60M$1.05M
High Forecast$-3.40M$-1.13M$-1.13M$-3.40M$-2.55M$-2.55M$-2.98M$-4.68M$-6.05M$-4.25M$-4.43M$-6.16M$-7.45M$-6.16M$-4.31M$-6.24M$-8.04M$5.52M$-4.77M$-3.62M$-4.83M$5.91M$8.73M$4.64M$4.78M$4.00M$2.47M$-6.03M$1.77M$1.26M
Low Forecast$-3.87M$-1.29M$-1.29M$-3.87M$-2.90M$-2.90M$-3.39M$-5.32M$-6.88M$-6.67M$-5.04M$-7.00M$-9.48M$-7.00M$-4.91M$-7.10M$-9.14M$3.68M$-4.77M$-5.44M$-6.29M$3.94M$5.82M$3.09M$3.67M$2.67M$1.65M$-9.04M$1.36M$839.76K
Surprise %------------3.36%1.12%1.23%0.68%1.74%-1.56%-1.14%1.83%0.82%0.92%1.59%0.35%1.00%1.25%0.28%-0.29%1.00%

GrowGeneration's average Quarter net income forecast for Dec 21 is $-5.66M, with a range of $-6.29M to $-4.83M. GRWG's average Quarter net income forecast represents a -240.58% decrease compared to the company's last Quarter net income of $4.03M (Sep 21).

GrowGeneration SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112424544433112222222211
SG&A------------$7.88M$7.58M$7.50M$6.84M$8.59M$8.80M-$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$7.40M$7.45M$7.32M$6.71M$6.67M$7.61M$8.39M$7.44M$7.11M$8.54M$10.15M$8.74M$8.09M$12.58M$12.90M$9.03M$14.19M$13.45M$11.44M$4.65M$9.61M$9.47M$7.02M$4.93M$4.06M$5.37M
High Forecast$8.68M$9.34M$9.01M$7.70M$7.76M$7.81M$7.68M$7.04M$6.99M$7.78M$8.80M$7.80M$7.20M$8.95M$10.64M$9.16M$8.48M$15.09M$12.90M$10.84M$15.41M$16.14M$13.73M$5.59M$10.43M$11.37M$8.42M$5.35M$4.41M$6.44M
Low Forecast$7.86M$8.46M$8.16M$6.97M$7.03M$7.07M$6.96M$6.38M$6.33M$7.47M$7.97M$7.07M$6.84M$8.11M$9.64M$8.30M$7.68M$10.06M$12.90M$7.23M$12.59M$10.76M$9.15M$3.72M$8.53M$7.58M$5.62M$4.37M$3.60M$4.30M
Surprise %------------1.11%0.89%0.74%0.78%1.06%0.70%-1.14%0.84%0.82%0.92%1.59%1.38%1.00%1.25%2.24%1.74%1.00%

GrowGeneration's average Quarter SG&A projection for Mar 24 is $7.44M, based on 4 Wall Street analysts, with a range of $7.07M to $7.80M. The forecast indicates a -5.53% fall compared to GRWG last annual SG&A of $7.88M (Dec 23).

GrowGeneration EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112424544433112222222211
EPS------------$-0.44$-0.12$-0.09$-0.07$-0.25$-0.12-$-0.09$-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$-0.04$-0.05$-0.08$-0.11$-0.10$-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$-0.04$-0.05$-0.08$-0.10$-0.07$-0.07$-0.10$-0.12$-0.10$-0.07$-0.10$-0.13$-0.12$-0.08$-0.07$-0.08$0.10$0.13$0.08$0.08$0.08$0.05$0.04$0.03$0.03
Low Forecast$-0.06$-0.02$-0.02$-0.06$-0.05$-0.05$-0.06$-0.09$-0.11$-0.11$-0.08$-0.12$-0.16$-0.12$-0.08$-0.12$-0.15$-0.13$-0.08$-0.09$-0.10$0.07$0.10$0.06$0.06$0.06$0.04$0.03$0.02$0.02
Surprise %------------3.29%1.11%1.23%0.67%1.76%0.96%-1.03%1.95%0.81%0.92%1.47%0.45%1.02%1.48%-1.72%-0.47%1.20%

According to 2 Wall Street analysts, GrowGeneration's projected average Quarter EPS for Dec 21 is $-0.09, with a low estimate of $-0.10 and a high estimate of $-0.08. This represents a -231.75% decrease compared to GRWG previous annual EPS of $0.07 (Sep 21).

GrowGeneration Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CHPTChargePoint$1.51$12.47725.83%Buy
LESLLeslie's$2.89$8.47193.08%Hold
EYENational Vision$11.07$30.86178.77%Buy
GRWGGrowGeneration$2.15$4.1793.95%Buy
WOOFPetco Health and Wellness Company$4.92$9.2588.01%Buy
EVGOEVgo$4.70$8.3377.23%Buy
BBWIBath & Body Works$29.16$48.6766.91%Buy
HZOMarineMax$35.61$47.0031.99%Buy
RHRH$330.75$422.6727.79%Buy
ULTAUlta Beauty$397.00$470.9218.62%Hold
ARKOArko$6.65$7.3810.98%Hold
DKSDICK'S Sporting Goods$213.26$225.905.93%Buy
BBYBest Buy$99.48$96.00-3.50%Buy
SBHSally Beauty$13.45$12.00-10.78%Buy
AZOAutoZone$3.08K$2.73K-11.18%Buy
MUSAMurphy USA$527.27$322.50-38.84%Buy

GRWG Forecast FAQ


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.

GrowGeneration (GRWG) average price target is $4.17 with a range of $3.5 to $5, implying a 93.95% from its last price of $2.15. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for GRWG stock, the company can go up by 93.95% (from the last price of $2.15 to the average price target of $4.17), up by 132.56% based on the highest stock price target, and up by 62.79% based on the lowest stock price target.

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

GrowGeneration's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $184.93M (high $193.91M, low $175.64M), average EBITDA is $1.46M (high $1.53M, low $1.39M), average net income is $-13.653M (high $-12.761M, low $-14.515M), average SG&A $28.89M (high $30.29M, low $27.44M), and average EPS is $-0.225 (high $-0.21, low $-0.239). GRWG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $212M (high $222.3M, low $201.35M), average EBITDA is $1.68M (high $1.76M, low $1.59M), average net income is $-9.709M (high $-9.075M, low $-10.322M), average SG&A $33.12M (high $34.73M, low $31.45M), and average EPS is $-0.16 (high $-0.15, low $-0.17).

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%