GrowGeneration Corp. (GRWG)
NASDAQ: GRWG · IEX Real-Time Price · USD
2.530
+0.010 (0.40%)
At close: May 31, 2024, 4:00 PM
2.550
+0.020 (0.79%)
After-hours: May 31, 2024, 7:55 PM EDT

GrowGeneration Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for GrowGeneration stock have an average target of 3.88, with a low estimate of 2.75 and a high estimate of 5.00. The average target predicts an increase of 53.36% from the current stock price of 2.53.

Analyst Consensus: Buy
Target Low Average Median High
Price $2.75 $3.88 $5.00 $5.00
Change +8.70% +53.36% +97.63% +97.63%

Analyst Ratings

The average analyst rating for GrowGeneration stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 222221
Buy 000000
Hold 111112
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Hold
Maintains
$2.25$2.75
Hold Maintains $2.25$2.75 +8.70% May 9, 2024
Oppenheimer
Oppenheimer
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Mar 20, 2024
Lake Street
Lake Street
Strong Buy
Maintains
$6$5
Strong Buy Maintains $6$5 +97.63% Aug 9, 2023
Craig-Hallum
Craig-Hallum
Strong Buy
Upgrades
$4.75
Strong Buy Upgrades $4.75 +87.75% May 10, 2023
Wells Fargo
Wells Fargo
Hold
Maintains
$3.5$4
Hold Maintains $3.5$4 +58.10% Jan 3, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
212.30M
from 225.88M
Decreased by -6.01%
Revenue Next Year
226.31M
from 212.30M
Increased by 6.60%
EPS This Year
-0.36
from -0.76
EPS Next Year
-0.25
from -0.36
Year 2019202020212022202320242025
Revenue
79.73M193.37M422.49M278.17M225.88M212.30M226.31M
Revenue Growth
174.94%142.51%118.49%-34.16%-18.80%-6.01%6.60%
EPS
0.040.110.21-2.69-0.76-0.36-0.25
EPS Growth
-175.00%90.91%----
No. Analysts -----98
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 221.7M 237.0M
Avg 212.3M 226.3M
Low 199.6M 212.6M

Revenue Growth

Revenue Growth 20242025
High
-1.9%
11.7%
Avg
-6.0%
6.6%
Low
-11.6%
0.1%

EPS Forecast

EPS 20242025
High -0.36 -0.18
Avg -0.36 -0.25
Low -0.36 -0.29

EPS Growth

EPS Growth 20242025
High - -
Avg - -
Low - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.