Wallet Investor estimates that the price of Cronos stock is “a not so good long-term (one year) investment” and could hit $4.95 over the next 12 months. The calculations also suggest that the stock could gradually increase to $5.90 by the end of December 2022 and decrease to $4.62 in December 2023.
What is Cronos Group Inc (Cron) stock price forecast for 2023?
According to AI Pickup, the Cronos Group Inc stock price forecast for Apr. 2023 is $4.09389888280842 From Cronos Group Inc stock forecast 2026, Cronos Group Inc (CRON) stock can be a good investment choice.
What is the upside for Cronos Group's stock?
Their forecasts range from $3.24 to $5.50. On average, they anticipate Cronos Group's stock price to reach $4.41 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price.
Is the price of Cronos (Cro-USD) falling amid a crypto crash?
Cronos ( CRO-USD) announced plans to lay off employees today. This comes amid a crypto crash and a sluggish market. We’re diving into the latest CRO price predictions traders need to know about as well. Cronos ( CRO-USD) price predictions are on the minds of traders today as they react to layoff news from Crypto.com.
Who owns Cronos Group?
Cronos Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include ETF Managers Group LLC (2. 98%), D. E. Shaw & Co. Inc. (0. 71%), Mirae Asset Global Investments Co. Ltd. (0. 54%), Dimensional Fund Advisors LP (0. 28%), Connor Clark & Lunn Investment Management Ltd.
How high will Cronos stock go?
Stock Price Forecast The 11 analysts offering 12-month price forecasts for Cronos Group Inc have a median target of 3.50, with a high estimate of 8.45 and a low estimate of 2.96. The median estimate represents a +27.74% increase from the last price of 2.74.
Will Cronos price go up?
DigitalCoinPrice suggests that CRO should stay between $0.23 and $0.25 in 2022. The site forecasts an average value of $0.26 in 2023 and $0.27 in 2024, while its Cronos price prediction for 2025 is $0.35. PricePrediction.net, on the other hand, suggests an average of $0.35 in 2023, $0.51 in 2024 and $0.75 in 2025.
Is CRON a good stock to buy 2021?
There's potential for Cronos stock to soar if its cultivated products prove to be the difference-makers that management expects them to be. But for now, this pot stock remains an ultra-risky buy.
Is Cronos stock a buy or sell?
(Delayed Data from NSDQ)Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
What will Cronos be worth in 2030?
Cronos Coin Price Prediction 2030 The year 2030 can end with an average price of $18.25 while the minimum price value of CRO Coin can be around $16.98. Along with CRO Coin, many cryptos can hit their new all-time high this year. The maximum price is expected to be trading around $20.53.
Is now a good time to buy Cronos?
Is now a good time to buy Cronos (CRO)? According to CoinMarketCap at time of writing, CRO was down more than 13%, trading at $0.2907 per coin. The coin has been down 40% over the past 30 days and is priced at a 70% discount from its all-time high of $0.9698 back on Nov. 24, 2021.
Why did Cronos stock go up today?
Shares of global cannabis company Cronos Group (CRON -5.26%) rocketed higher on Tuesday after the company reported its earnings for the first three months of 2022. The company missed Wall Street's earnings per share (EPS) estimates, but investors were happy with its solid growth numbers.
What sector is CRON stock?
Description. Cronos Group Inc. operates as a cannabinoid company.
Is ReWalk robotics a good stock to buy?
ReWalk Robotics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Should I sell my Cronos stock?
The consensus among Wall Street equities research analysts is that investors should "hold" Cronos Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRON, but not buy additional shares or sell existing shares.
Is Cronos publicly traded?
Cronos Group shares (CRON) are listed on the NASDAQ and all prices are listed in US Dollars. Cronos Group employs 626 staff and has a trailing 12-month revenue of around 0.00.
Should I buy or sell Cronos Group stock right now?
8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 2 sel...
What is Cronos Group's stock price forecast for 2022?
8 Wall Street analysts have issued twelve-month target prices for Cronos Group's stock. Their forecasts range from $3.00 to $6.00. On average, they...
How has Cronos Group's stock price performed in 2022?
Cronos Group's stock was trading at $3.92 on January 1st, 2022. Since then, CRON shares have decreased by 30.4% and is now trading at $2.73. View...
When is Cronos Group's next earnings date?
Cronos Group is scheduled to release its next quarterly earnings announcement on Friday, August 5th 2022. View our earnings forecast for Cronos Gr...
How were Cronos Group's earnings last quarter?
Cronos Group Inc. (NASDAQ:CRON) posted its earnings results on Tuesday, May, 10th. The company reported ($0.09) EPS for the quarter, missing analys...
Who are Cronos Group's key executives?
Cronos Group's management team includes the following people: Mr. Michael Ryan Gorenstein J.D. , Pres, CEO & Chairman (Age 35, Pay $389.15k) ( L...
Who are some of Cronos Group's key competitors?
Some companies that are related to Cronos Group include Tilray (TLRY) , Canopy Growth (CGC) , USANA Health Sciences (USNA) , Cresco Labs (CRLBF...
What other stocks do shareholders of Cronos Group own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Cronos Group investors own include (CGC) , Aurora Cannab...
What is Cronos Group's stock symbol?
Cronos Group trades on the NASDAQ under the ticker symbol "CRON."
⭐Is Cronos a good investment in 2022?
No, according to our forecasts, the Cronos price is going to decrease. Now the Cronos price is $0.1655530, but by the end of 2022, the average Cron...
⭐What is going to be the Cronos price in July 2022?
The Cronos price is forecasted to reach $N/A by the beginning of July 2022. The expected maximum price is $N/A, minimum price $N/A. The Cronos pric...
⭐ In 1 year from now, what will 1 Cronos be worth?
In June 2023, the Cronos price is forecasted to be on average $N/A. The expected maximum price is $N/A, minimum price $N/A.
⭐ Will Cronos go up in 2023?
No, according to our forecasts, the Cronos price is going to decrease. Now the Cronos price is $0.1655530, but by the end of 2023, the average Cron...
Cronos Group Inc Stock Forecast
Is Cronos Group Inc Stock Undervalued? The current Cronos Group Inc [ CRON] share price is $3.98. The Score for CRON is 40, which is 20% below its historic median score of 50, and infers higher risk than normal.
Cronos Group Inc Stock Price History
The current trend is relatively stagnant and CRON is experiencing slight buying pressure.
Stock Predictions
Is Cronos Group Inc stock public? Yes, Cronos Group Inc is a publicly traded company.
Cronos Group stock news
In a statement that accompanied the presentation of the States Reform Act, Rep. Mace stated: “Today, only 3 states lack some form of legal cannabis. My home state of South Carolina permits CBD, Florida allows medical marijuana, California and others have full recreational use, for example. Every state is different.
CRON stock analysis: technical view
The past few sessions have been a bit volatile for shares in Cronos Group – the stock went up 26% on 8 November amid news that Congress was moving forward with the legalisation of cannabis in the US, while the 9 November report in regards to the company’s inability to file its 10-Q report timely prompted a 15% decline in the Cronos Group stock value..
CRON fundamental analysis
The last time Cronos Group filed a quarterly earnings report was on 5 August. Back then, the company reported net revenues of $28.23m for the six months ended on 30 September, resulting in a 54% year-on-year jump.
Cronos Group (CRON) stock forecast: analyst sentiment
Based on the technical analysis outlined above, other technical pointers and price trends, the outlook for Cronos stock appears to be bearish.
Cronos stock forecast 2022-2025: CRON stock price targets
Is the CRON stock a ‘buy’, ‘sell’, or ‘hold’? Data from Seeking Alpha indicates that 7 out of the 14 analysts that are currently covering the stock have a neutral rating on CRON, while 4 others have rated the stock a sell with a mix of ‘bearish’ and ‘very bearish’ views. Three analysts shared ‘bullish’ and ‘very bullish’ ratings.
How much did Cronos stock fall in 2021?
The Cronos Group Inc stock price fell by -2.68% on the last day (Friday, 2nd Jul 2021) from $8.58 to $8.35. and has now fallen 5 days in a row. During the day the stock fluctuated 4.23% from a day low at $8.27 to a day high of $8.62. The price has fallen in 6 of the last 10 days. Volume has increased on the last day by 251 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $13.44 million.
When is the buy signal for 2021?
A buy signal was issued from a pivot bottom point on Friday, July 23, 2021, and so far it has risen 1.96%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
What is a break in a horizontal trend?
A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
What happened
Shares of Cronos Group ( CRON -2.10% ) slumped 14% in December, according to data provided by S&P Global Market Intelligence. The cannabis producer got dragged down by the broad market sell-off in cannabis stocks last month and has yet to file its third-quarter report with the U.S. Securities and Exchange Commission (SEC).
So what
Cronos Group has put out some surprising announcements recently, starting in November when it stated that it would be unable to file its 10-Q quarterly report on time with the SEC for the period ending in September 2021.
Now what
Since going public in 2017, Cronos Group stock is up over 2,200%. But over the last six months, it is actually down slightly over 50%, leading to some tough losses for anyone that bought the stock in 2021. The company has also never gotten close to profitability, burning almost $200 million in cash over the past 12 months.
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