Canopy Growth (CGC) Set to Announce Earnings on Friday

Canopy Growth (NASDAQ:CGC) is anticipated to announce its Q2 2027 results before the market opens on Friday, November 6th. Analysts expect the company to post earnings of ($0.03) per share and revenue of $57.72 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2027 earnings summary page for the latest details on the call scheduled for Friday, November 6, 2026 at 10:00 AM ET.

Canopy Growth (NASDAQ:CGC) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. Canopy Growth had a negative net margin of 65.33% and a negative return on equity of 21.91%. The firm had revenue of $142.62 million for the quarter, compared to analyst estimates of $58.21 million. On average, analysts expect Canopy Growth to post ($0.10) EPS for the current fiscal year and ($0.07) EPS for the next fiscal year.

Canopy Growth Stock Performance

CGC opened at $0.75 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.04 and a quick ratio of 2.39. The firm has a fifty day moving average price of $0.85 and a 200 day moving average price of $0.99. Canopy Growth has a 1 year low of $0.64 and a 1 year high of $2.38. The stock has a market cap of $336.98 million, a P/E ratio of -1.67 and a beta of 0.87.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Wall Street Zen cut Canopy Growth from a “hold” rating to a “sell” rating in a research report on Saturday, October 17th. Weiss Ratings cut Canopy Growth from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, October 16th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Canopy Growth currently has a consensus rating of “Hold”.

About Canopy Growth

Canopy Growth Corporation is a cannabis company headquartered in Smiths Falls, Ontario, Canada. Founded in 2013, the company operates in the production, distribution and sale of cannabis and cannabis-related products for adult-use and medical markets.

Its product portfolio includes dried cannabis flower, pre-rolls, cannabis oils, softgels, vapes, beverages and edibles. Canopy Growth markets products under several brands, including Tweed, 7ACRES, Doja and Deep Space, with offerings designed for different consumer preferences and product segments.

Canopy Growth primarily serves the Canadian recreational and medical cannabis markets and has pursued international opportunities in selected medical-cannabis markets.