$7.47
0.05[0.67%]
At close: Apr 24
$7.47
0[0.00%]
PreMarket: 4:11AM EDT
Aurora Cannabis
(NASDAQ:ACB)Aurora Cannabis Stock (NASDAQ:ACB), Analyst Ratings, Price Targets, Predictions
Aurora Cannabis Inc has a consensus price target of $1.2, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from CIBC, Canaccord Genuity, and CIBC on June 16, 2023, June 15, 2023, and February 13, 2023. With an average price target of $1.18 between CIBC, Canaccord Genuity, and CIBC, there's an implied -84.16% downside for Aurora Cannabis Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
CIBC
Canaccord Genuity
Piper Sandler
MKM Partners
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Aurora Cannabis
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 06/16/2023 | ACB | Buy Now | Aurora Cannabis | $7.47 | -86.61% | CIBC | John Zamparo | $17.5 → $10 | Maintains | Neutral | Get Alert |
| 06/15/2023 | ACB | Buy Now | Aurora Cannabis | $7.47 | -89.29% | Canaccord Genuity | Matt Bottomley | $15 → $8 | Maintains | Hold | Get Alert |
| 02/13/2023 | ACB | Buy Now | Aurora Cannabis | $7.47 | -76.57% | CIBC | John Zamparo | $22.5 → $17.5 | Maintains | Neutral | Get Alert |
| 09/21/2022 | ACB | Buy Now | Aurora Cannabis | $7.47 | -59.84% | Piper Sandler | Michael Lavery | $40 → $30 | Maintains | Neutral | Get Alert |
| 05/16/2022 | ACB | Buy Now | Aurora Cannabis | $7.47 | -49.8% | CIBC | John Zamparo | $65 → $37.5 | Maintains | Neutral | Get Alert |
| 02/03/2022 | ACB | Buy Now | Aurora Cannabis | $7.47 | -12.99% | CIBC | John Zamparo | $92.5 → $65 | Maintains | Neutral | Get Alert |
| 11/10/2021 | ACB | Buy Now | Aurora Cannabis | $7.47 | — | CIBC | John Zamparo | — | Upgrade | Underperformer → Neutral | Get Alert |
| 09/29/2021 | ACB | Buy Now | Aurora Cannabis | $7.47 | -12.99% | CIBC | John Zamparo | $70 → $65 | Maintains | Underperformer | Get Alert |
| 09/28/2021 | ACB | Buy Now | Aurora Cannabis | $7.47 | — | MKM Partners | Bill Kirk | — | Upgrade | Sell → Neutral | Get Alert |
| 09/23/2021 | ACB | Buy Now | Aurora Cannabis | $7.47 | -6.29% | CIBC | John Zamparo | $80 → $70 | Maintains | Underperformer | Get Alert |
| 05/17/2021 | ACB | Buy Now | Aurora Cannabis | $7.47 | 7.1% | CIBC | John Zamparo | $90 → $80 | Maintains | Underperformer | Get Alert |
| 05/11/2021 | ACB | Buy Now | Aurora Cannabis | $7.47 | — | CIBC | John Zamparo | — | Downgrade | Neutral → Underperformer | Get Alert |
FAQ
What is the target price for Aurora Cannabis (ACB)?
The latest price target for Aurora Cannabis (NASDAQ: ACB) was reported by CIBC on June 16, 2023. The analyst firm set a price target for $1.00 expecting ACB to fall to within 12 months (a possible -86.61% downside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Aurora Cannabis (ACB)?
The latest analyst rating for Aurora Cannabis (NASDAQ: ACB) was provided by CIBC, and Aurora Cannabis maintained their neutral rating.
When was the last upgrade for Aurora Cannabis (ACB)?
The last upgrade for Aurora Cannabis Inc happened on November 10, 2021 when CIBC raised their price target to N/A. CIBC previously had an underperformer for Aurora Cannabis Inc.
When was the last downgrade for Aurora Cannabis (ACB)?
The last downgrade for Aurora Cannabis Inc happened on May 11, 2021 when CIBC changed their price target from N/A to N/A for Aurora Cannabis Inc.
When is the next analyst rating going to be posted or updated for Aurora Cannabis (ACB)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Aurora Cannabis, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Aurora Cannabis was filed on June 16, 2023 so you should expect the next rating to be made available sometime around June 16, 2024.
Is the Analyst Rating Aurora Cannabis (ACB) correct?
While ratings are subjective and will change, the latest Aurora Cannabis (ACB) rating was a maintained with a price target of $1.75 to $1.00. The current price Aurora Cannabis (ACB) is trading at is $7.47, which is out of the analyst’s predicted range.
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