GrowGeneration (NASDAQ:GRWG) Given New $2.25 Price Target at Alliance Global Partners

GrowGeneration (NASDAQ:GRWG) had its price objective trimmed by Alliance Global Partners from $2.75 to $2.25 in a research report released on Friday, Benzinga reports. The brokerage currently has a neutral rating on the stock. Alliance Global Partners also issued estimates for GrowGeneration’s Q3 2025 earnings at ($0.04) EPS and Q4 2025 earnings at ($0.03) EPS.

A number of other brokerages have also recently commented on GRWG. Roth Mkm dropped their price target on shares of GrowGeneration from $2.75 to $2.25 and set a neutral rating on the stock in a research note on Friday. Lake Street Capital decreased their price target on shares of GrowGeneration from $5.00 to $4.00 and set a buy rating on the stock in a report on Friday, July 26th. Finally, Stifel Nicolaus reduced their target price on shares of GrowGeneration from $2.55 to $2.50 and set a hold rating on the stock in a report on Monday, July 29th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, GrowGeneration presently has an average rating of Hold and a consensus target price of $2.75.

GrowGeneration Stock Down 8.6 %

GRWG stock traded down $0.17 during trading on Friday, reaching $1.81. The stock had a trading volume of 888,240 shares, compared to its average volume of 952,066. The company has a market capitalization of $109.88 million, a price-to-earnings ratio of -2.29 and a beta of 3.09. GrowGeneration has a one year low of $1.77 and a one year high of $3.78. The company’s 50 day moving average is $2.33 and its two-hundred day moving average is $2.38.

GrowGeneration (NASDAQ:GRWG) last released its earnings results on Wednesday, May 8th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.04). The company had revenue of $47.89 million during the quarter, compared to analysts’ expectations of $46.52 million. GrowGeneration had a negative net margin of 22.68% and a negative return on equity of 18.00%. As a group, research analysts predict that GrowGeneration will post -0.36 earnings per share for the current fiscal year.

Institutional Investors Weigh In On GrowGeneration

A number of large investors have recently added to or reduced their stakes in the company. Koshinski Asset Management Inc. bought a new stake in shares of GrowGeneration during the 4th quarter valued at about $29,000. Bank of New York Mellon Corp raised its holdings in GrowGeneration by 6.4% in the second quarter. Bank of New York Mellon Corp now owns 194,974 shares of the company’s stock worth $419,000 after buying an additional 11,742 shares during the last quarter. American Century Companies Inc. raised its holdings in GrowGeneration by 16.8% in the second quarter. American Century Companies Inc. now owns 84,823 shares of the company’s stock worth $182,000 after buying an additional 12,197 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of GrowGeneration during the fourth quarter valued at approximately $31,000. Finally, Vanguard Group Inc. raised its holdings in shares of GrowGeneration by 0.7% during the first quarter. Vanguard Group Inc. now owns 2,992,591 shares of the company’s stock valued at $8,559,000 after purchasing an additional 21,306 shares during the last quarter. Institutional investors own 36.02% of the company’s stock.

About GrowGeneration

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products.