GrowGeneration (NASDAQ:GRWG) Upgraded by Alliance Global Partners to “Buy” Rating

GrowGeneration (NASDAQ:GRWG) was upgraded by research analysts at Alliance Global Partners from a “neutral” rating to a “buy” rating in a note issued to investors on Wednesday, MarketBeat reports. The brokerage currently has a $2.50 target price on the stock. Alliance Global Partners’ price objective points to a potential upside of 67.79% from the stock’s previous close.

Separately, Weiss Ratings cut GrowGeneration from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $2.50.

GrowGeneration Trading Up 4.2%

Shares of GRWG opened at $1.49 on Wednesday. GrowGeneration has a 12-month low of $1.00 and a 12-month high of $2.40. The firm has a 50-day moving average price of $1.48 and a 200 day moving average price of $1.34. The firm has a market capitalization of $89.54 million, a P/E ratio of -4.66 and a beta of 2.51.

GrowGeneration (NASDAQ:GRWG) last issued its earnings results on Tuesday, August 11th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01. The company had revenue of $43.22 million for the quarter, compared to the consensus estimate of $42.75 million. GrowGeneration had a negative net margin of 11.91% and a negative return on equity of 19.50%. Equities research analysts predict that GrowGeneration will post -0.22 earnings per share for the current fiscal year.

Insider Buying and Selling at GrowGeneration

In other news, CEO Darren Lampert acquired 64,098 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were purchased at an average price of $1.55 per share, for a total transaction of $99,351.90. Following the acquisition, the chief executive officer owned 1,765,800 shares of the company’s stock, valued at $2,736,990. This represents a 3.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 8.06% of the company’s stock.

Hedge Funds Weigh In On GrowGeneration

Several institutional investors have recently bought and sold shares of the company. Bridgeway Capital Management LLC boosted its position in GrowGeneration by 274.6% in the 4th quarter. Bridgeway Capital Management LLC now owns 69,298 shares of the company’s stock valued at $104,000 after buying an additional 50,801 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of GrowGeneration during the fourth quarter worth $42,000. Scientech Research LLC acquired a new stake in shares of GrowGeneration in the third quarter valued at $37,000. Engineers Gate Manager LP purchased a new position in GrowGeneration in the second quarter valued at $26,000. Finally, XTX Topco Ltd purchased a new position in GrowGeneration in the second quarter valued at $55,000. 36.02% of the stock is owned by institutional investors and hedge funds.

GrowGeneration News Roundup

Here are the key news stories impacting GrowGeneration this week:

• Positive Sentiment: GrowGeneration reported second-quarter revenue of $43.2 million, up 5.5% year over year and above the $42.75 million analyst estimate. The company’s adjusted EBITDA improved to a $0.3 million profit from a $1.3 million loss a year earlier, while its net loss narrowed to $2.0 million from $4.8 million. GrowGeneration Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Adjusted EPS of -$0.03 beat the consensus estimate of -$0.04. Gross margin edged up to 28.5%, proprietary-brand penetration increased to 39.7% of cultivation and gardening revenue, and operating expenses declined significantly. GrowGeneration Reports Q2 Loss, Beats Revenue Estimates
• Positive Sentiment: Management raised full-year 2026 adjusted EBITDA guidance to $2 million-$3 million, reaffirmed revenue guidance of $162 million-$168 million, and ended the quarter with $41 million in cash and marketable securities and no debt. GrowGeneration Expects 2026 Adjusted EBITDA
• Neutral Sentiment: Analysts are comparing GrowGeneration with Winmark, highlighting differences in business models, valuation, growth prospects and risk. The comparison does not represent a new company-specific catalyst. Analyzing GrowGeneration and Winmark
• Negative Sentiment: Third-quarter revenue guidance of $44 million-$46 million is below the $46.9 million consensus estimate. GrowGeneration also remains unprofitable, with a negative net margin and negative return on equity, keeping execution and demand concerns in focus. GrowGeneration Q3 Guidance

About GrowGeneration

GrowGeneration Corp. is the largest chain of specialty hydroponic and organic garden centers in the United States, serving commercial and home growers of all experience levels. The company offers a broad assortment of cultivation supplies, including high-efficiency LED lighting, climate control systems, irrigation and fertigation equipment, growing media and nutrients. Through its retail outlets and e-commerce platform, GrowGeneration caters to indoor and outdoor horticultural operations, with a particular focus on the rapidly expanding legal cannabis market.

In addition to its product offerings, GrowGeneration provides design, consulting and project management services for turnkey cultivation facilities.