hexo stock price target

Do analysts agree on hExo's (hExo) price targets?

The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating. According to analysts' consensus price target of $5.20, HEXO has a forecasted upside of 821.4% from its current price of $0.56.

What is the upside for hExo Inc (hExo)?

Their forecasts range from $0.53 to $10.00. On average, they expect HEXO's stock price to reach $5.20 in the next twelve months. This suggests a possible upside of 821.6% from the stock's current price.

What is the hExo brand?

HEXO Corp. is a consumer packaged goods cannabis company, which creates and distributes products to serve the global cannabis market. It serves the Canadian adult-use markets under its HEXO Cannabis, HEXO Plus, Up Cannabis and Original Stash brands, and the medical market under HEXO medical cannabis.

What companies do other hExo investors own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HEXO investors own include (APHA), (CGC), Cronos Group (CRON), Walt Disney (DIS), GlaxoSmithKline (GSK), Summit Hotel Properties (INN), Kensington Capital Acquisition Corp. II (KCAC), Kosmos Energy (KOS), Micron Technology (MU) and NIO (NIO).

Is HEXO a Buy Sell or Hold?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HEXO in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HEXO stock.

Is HEXO expected to go Up?

HEXO holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks....Predicted Opening Price for HEXO Corp. of Wednesday, July 27, 2022.Fair opening price July 27, 2022Current price$0.19$0.19 (Undervalued)

What is the target price for HEXO?

Based on analysts offering 12 month price targets for HEXO in the last 3 months. The average price target is $0.21 with a high estimate of $0.232297029 and a low estimate of $0.1935808575.

Is HEXO a hold?

HEXO has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.

Is HEXO a good buy right now?

The consensus EPS estimate for the current year has increased 32.9% over the last 30 days. This means that the Wall Street analysts covering HEXO are majorly in agreement about the company's potential to report better earnings than what they predicted earlier.

Is HEXO stock a good buy 2022?

On average, analysts forecast that HEXO's EPS will be -$1.93 for 2022, with the lowest EPS forecast at -$2.04, and the highest EPS forecast at -$1.71. On average, analysts forecast that HEXO's EPS will be -$0.09 for 2023, with the lowest EPS forecast at -$0.19, and the highest EPS forecast at -$0.03.

Is HEXO a buy Zacks?

How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return2Buy18.15%3Hold9.70%4Sell5.35%5Strong Sell2.45%2 more rows

Does HEXO stock pay dividends?

HEXO does not currently pay a dividend.

Who owns HEXO?

Largest shareholders include MJ - ETFMG Alternative Harvest ETF, Etf Managers Group, Llc, Hudson Bay Capital Management LP, Mirae Asset Global Investments Co., Ltd., POTX - Global X Cannabis ETF, Susquehanna International Group, Llp, Susquehanna International Group, Llp, Group One Trading, L.p., Scotia Capital Inc., ...

Is HEXO shorted?

13.33% of HEXO's shares are currently sold short.

Is HEXO Corp legit?

HEXO Reviews FAQs Is HEXO a good company to work for? HEXO has an overall rating of 2.7 out of 5, based on over 78 reviews left anonymously by employees. 25% of employees would recommend working at HEXO to a friend and 21% have a positive outlook for the business.

How many shares does HEXO have?

Share StatisticsAvg Vol (3 month) 32.17MShares Outstanding 5500.86MImplied Shares Outstanding 6N/AFloat 8486.54M% Held by Insiders 12.73%7 more rows

What is the future of HEXO?

HEXO is a market leader in the Canadian cannabis market and is expected to increase sales by 84% to $227.66 million in fiscal 2022 and by 31% to $298 million in fiscal 2023. Bay Street also expects its loss per share to narrow from $0.89 in 2021 to $0.22 in 2023.

Will HEXO go out of business?

The answer is a resounding “no.” Hexo Corp. is a failing cannabis company, one that is struggling to remain a going concern and avoid both bankruptcy and delisting from the Nasdaq exchange. Massive losses, poor sales, declining market share, and an activist shareholder are hurting the cannabis producer.

Is HEXO being shorted?

13.33% of HEXO's shares are currently sold short.

Is Tilray buying HEXO?

Tilray Brands Inc. TLRY, +2.00% rose 1.3% in premarket trades on Tuesday after the cannabis company said it crafted more favorable terms in its deal to acquire Hexo Corp. HEXO, -1.12% .

What is HEXO's consensus rating and price target?

According to the issued ratings of 8 analysts in the last year, the consensus rating for HEXO stock is Hold based on the current 1 sell rating, 4 h...

Do Wall Street analysts like HEXO more than its competitors?

Analysts like HEXO stock less than the stock of other Medical companies. The consensus rating for HEXO is Hold while the average consensus rating f...

Do MarketBeat users like HEXO more than its competitors?

MarketBeat users like HEXO stock less than the stock of other Medical companies. 47.50% of MarketBeat users gave HEXO an outperform vote while medi...

Does HEXO's stock price have much downside?

According to analysts, HEXO's stock has a predicted downside of -59.11% based on their 12-month price targets.

Should I buy or sell HEXO stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HEXO in the last twelve months. There are currently 1 sell rating, 4 hold...

What is HEXO's stock price forecast for 2022?

8 Wall Street research analysts have issued 12 month price objectives for HEXO's stock. Their forecasts range from $0.53 to $7.50. On average, they...

How has HEXO's stock performed in 2022?

HEXO's stock was trading at $0.6990 at the beginning of the year. Since then, HEXO shares have decreased by 63.1% and is now trading at $0.2576. V...

When is HEXO's next earnings date?

HEXO is scheduled to release its next quarterly earnings announcement on Monday, June 13th 2022. View our earnings forecast for HEXO .

How were HEXO's earnings last quarter?

HEXO Corp. (NYSE:HEXO) issued its quarterly earnings results on Thursday, March, 17th. The company reported ($0.13) earnings per share for the quar...

Who are HEXO's key executives?

HEXO's management team includes the following people: Mr. Roch Vaillancourt , Gen. Counsel Mr. Scott Cooper , Pres & CEO Mr. Curtis G. Solsvig I...

What is Sebastien St. Louis' approval rating as HEXO's CEO?

11 employees have rated HEXO CEO Sebastien St. Louis on Glassdoor.com . Sebastien St. Louis has an approval rating of 63% among HEXO's employees....

Who are some of HEXO's key competitors?

Some companies that are related to HEXO include Haymaker Acquisition Corp. III (HYAC) , Ayr Wellness (AYRWF) , Mind Medicine (MindMed) (MNMD) ,...

What other stocks do shareholders of HEXO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HEXO investors own include (APHA) , (CGC) , Cronos Gro...

How much does Hexo make?

Is Hexo a hold stock?

HEXO has a market capitalization of $633.98 million and generates $60.46 million in revenue each year. The company earns $-406,370,000.00 in net income (profit) each year or ($0.96) on an earnings per share basis.

Component Grades

Wall Street analysts have given HEXO a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but HEXO wasn't one of them.

The Trend in the Analyst Price Target

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HEXO Broker Recommendations Summary

Over the past 86 days, HEXO's average price target has gone down $0.43.

Stock Price Forecast

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Analyst Recommendations

The 7 analysts offering 12-month price forecasts for Hexo Corp have a median target of 0.78, with a high estimate of 1.03 and a low estimate of 0.53. The median estimate represents a +48.14% increase from the last price of 0.53.

HEXO earnings per share forecast

The current consensus among 8 polled investment analysts is to Hold stock in Hexo Corp. This rating has held steady since February, when it was unchanged from a Hold rating. Move your mouse over past months for detail

HEXO revenue forecast

What is HEXO 's earnings per share in the next 3 years based on estimates from 4 analyst s?

HEXO revenue growth forecast

What is HEXO 's revenue in the next 3 years based on estimates from 4 analyst s?