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Greenlane Renewables Inc (TSE:GRN)
TSX:GRN

Greenlane Renewables Inc (GRN) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

GRN Analyst Ratings

Hold
1Ratings
0 Buy
1 Hold
0 Sell
Based on 1 analysts giving stock ratings to
Greenlane
Renewables Inc
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

GRN Stock 12 Month Forecast

Average Price Target

C$0.25
▲(194.12% Upside)
Based on 1 Wall Street analysts offering 12 month price targets for Greenlane Renewables Inc in the last 3 months. The average price target is C$0.25 with a high forecast of C$0.25 and a low forecast of C$0.25. The average price target represents a 194.12% change from the last price of C$0.09.
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Highest Price TargetC$0.25Average Price TargetC$0.25Lowest Price TargetC$0.25
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Canaccord Genuity
C$0.75
Buy
782.35%
Upside
Reiterated
11/09/23
Canaccord Genuity Maintains Their Buy Rating on Greenlane Renewables Inc (GRN)
TD Securities
C$0.25C$0.3
Hold
252.94%
Upside
Reiterated
10/06/23
Greenlane Renewables (GRN:CN) PT Raised to Cdn$0.30 at TD SecuritiesTD Securities analyst Aaron MacNeil raised the price target on Greenlane Renewables (GRN:CN) to Cdn$0.30 (from Cdn$0.25) while maintaining a Hold rating.
Ventum Financial Analyst forecast on TSE:GRN
Unknown Analyst
Not Ranked
Ventum Financial
Sell
Downgraded
11/10/23

Best Analysts Covering Greenlane Renewables Inc

Which Analyst Should I Follow If I Want to Buy TSE:GRN and Sell After:
1 Month
Yuri LynkCanaccord Genuity
Success Rate
4/15 ratings generated profit
27%
Average Return
+8.71%
reiterated a buy rating 8 months ago
Copying Yuri Lynk's trades and holding each position for 1 Month would result in 26.67% of your transactions generating a profit, with an average return of +8.71% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Yuri LynkCanaccord Genuity
Success Rate
5/15 ratings generated profit
33%
Average Return
+24.03%
reiterated a buy rating 8 months ago
Copying Yuri Lynk's trades and holding each position for 3 Months would result in 33.33% of your transactions generating a profit, with an average return of +24.03% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
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1 Year
Yuri LynkCanaccord Genuity
Success Rate
2/15 ratings generated profit
13%
Average Return
-26.07%
reiterated a buy rating 8 months ago
Copying Yuri Lynk's trades and holding each position for 1 Year would result in 13.33% of your transactions generating a profit, with an average return of -26.07% per trade.
2 Years
Yuri LynkCanaccord Genuity
Success Rate
1/15 ratings generated profit
7%
Average Return
-65.62%
reiterated a buy rating 8 months ago
Copying Yuri Lynk's trades and holding each position for 2 Years would result in 6.67% of your transactions generating a profit, with an average return of -65.62% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

GRN Analyst Recommendation Trends

Rating
Jun 23
Aug 23
Oct 23
Nov 23
May 24
Strong Buy
1
1
1
1
1
Buy
0
0
0
0
0
Hold
2
2
3
4
4
Sell
0
0
0
1
1
Strong Sell
0
0
0
0
0
total
3
3
4
6
6
In the current month, GRN has received 1 Buy Ratings, 4 Hold Ratings, and 1 Sell Ratings. GRN average Analyst price target in the past 3 months is C$0.25.
Each month's total comprises the sum of three months' worth of ratings.
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GRN Financial Forecast

GRN Earnings Forecast

Next quarter’s earnings estimate for GRN is -C$0.01 with a range of -C$0.02 to >-C$0.01. The previous quarter’s EPS was -C$0.01. GRN beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.20% of the time in the same period. In the last calendar year GRN has Underperformed its overall industry.
Next quarter’s earnings estimate for GRN is -C$0.01 with a range of -C$0.02 to >-C$0.01. The previous quarter’s EPS was -C$0.01. GRN beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.20% of the time in the same period. In the last calendar year GRN has Underperformed its overall industry.

GRN Sales Forecast

Next quarter’s sales forecast for GRN is C$14.50M with a range of C$12.30M to C$16.70M. The previous quarter’s sales results were C$18.13M. GRN beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 59.92% of the time in the same period. In the last calendar year GRN has Outperformed its overall industry.
Next quarter’s sales forecast for GRN is C$14.50M with a range of C$12.30M to C$16.70M. The previous quarter’s sales results were C$18.13M. GRN beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 59.92% of the time in the same period. In the last calendar year GRN has Outperformed its overall industry.

GRN Stock Forecast FAQ

What is TSE:GRN’s average 12-month price target, according to analysts?
Based on analyst ratings, Greenlane Renewables Inc’s 12-month average price target is C$0.25.
    What is TSE:GRN’s upside potential, based on the analysts’ average price target?
    Greenlane Renewables Inc has 194.12% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:GRN a Buy, Sell or Hold?
          Greenlane Renewables Inc has a consensus rating of Hold which is based on 0 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Greenlane Renewables Inc’s price target?
            The average price target for Greenlane Renewables Inc is C$0.25. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$0.25 ,the lowest forecast is C$0.25. The average price target represents 194.12% Increase from the current price of <C$0.1.
              What do analysts say about Greenlane Renewables Inc?
              Greenlane Renewables Inc’s analyst rating consensus is a Hold. This is based on the ratings of 1 Wall Streets Analysts.
                How can I buy shares of TSE:GRN?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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