Aurora Cannabis Inc. (ACB)

NASDAQ: ACB · IEX Real-Time Price · USD
6.46
-0.35 (-5.14%)
At close: May 10, 2024, 4:00 PM
6.49
+0.03 (0.46%)
After-hours: May 10, 2024, 7:56 PM EDT
-5.14%
Market Cap 101.60M
Revenue (ttm) 200.73M
Net Income (ttm) -107.70M
Shares Out 15.73M
EPS (ttm) -3.87
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,054,820
Open 6.76
Previous Close 6.81
Day's Range 6.32 - 6.92
52-Week Range 2.84 - 11.50
Beta 2.65
Analysts Hold
Price Target 9.00 (+39.32%)
Earnings Date May 20, 2024

About ACB

Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada. It is also involved in the distribution of wholesale medical cannabis in the European Union (EU); distribution of wholesale medical cannabis in various international markets, including Australia, th... [Read more]

Sector Healthcare
CEO Miguel Martin
Employees 1,130
Stock Exchange NASDAQ
Ticker Symbol ACB
Full Company Profile

Financial Performance

In 2022, ACB's revenue was 221.34 million, a decrease of -9.75% compared to the previous year's 245.25 million. Losses were -1.72 billion, 147.2% more than in 2021.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ACB stock is "Hold." The 12-month stock price forecast is $9.0, which is an increase of 39.32% from the latest price.

Price Target
$9.0
(39.32% upside)
Analyst Consensus: Hold
Stock Forecasts

News

This Is How Marijuana Stocks Will Be Impacted By Reform In 2024

As the cannabis industry continues its growth in 2024, a confluence of regulatory, demographic, and market trends is shaping the sector. This has presented a fertile ground for savvy investors. Here's...

Other symbols: CRLBFGNLNCGCCRONTLRY
22 hours ago - MarijuanaStocks

Aurora Marks First Shipment of Medical Cannabis to the New Zealand Market

NASDAQ | TSX: ACB Canada's Leading Medical Cannabis Company Launches Prem ium Products Redefining Patient Care EDMONTON, AB , May 8, 2024 /PRNewswire/ - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) t...

4 days ago - PRNewsWire

Cannabis stocks settle down after rally on plans to reclassify pot as less dangerous

Canopy Growth Corp. and Tilray Brands Inc. stocks made more modest moves on Wednesday after a huge rally in the previous session on plans by the Biden administration to reclassify pot as less dangerou...

Other symbols: CGCCRONTLRY
10 days ago - Market Watch

U.S. poised to ease restrictions on marijuana in historic shift, though it'll remain controlled substance

WASHINGTON — The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated Press has learned, a historic shift to generations of American drug pol...

Other symbols: CGCCRONMSOSTLRY
11 days ago - Market Watch

US plans to reclassify cannabis as less dangerous drug

The US is planning to reclassify cannabis as a less dangerous drug in an historic shift that could have a significant impact across the country.

Other symbols: CGCCRONMSOSTLRY
11 days ago - Skynews

Pot Stocks Rally as DEA Moves to Reclassify Marijuana as Less Dangerous Drug

Pot stocks rally as the DEA moves to reclassify marijuana as a less dangerous drug. Renita Young discusses this as the DEA's proposal needs to be reviewed by the White House Office of Management and B...

11 days ago - Schwab Network

Cannabis Stocks Spike Following Reports Marijuana Will Be Reclassified As Less Dangerous Drug

Cannabis company stocks skyrocketed Tuesday following multiple reports marijuana will be reclassified to a less dangerous drug schedule, which could broaden the substance's medical usage and cut down ...

Other symbols: AMHCGCTLRY
11 days ago - Forbes

US drug enforcers to ease restrictions on cannabis, AP reports

The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated Press reported on Tuesday, citing five people familiar with the matter.

Other symbols: CGCCRONTLRY
11 days ago - Reuters

Aurora Improves Offerings in Australia with New Range of Premium Dried Flower Products

NASDAQ | TSX: ACB Canada's Leading Medical Cannabis Company and MedReleaf Australia Launch Innovative Product to Offer Greater Choice for Patients EDMONTON, AB , April 30, 2024 /PRNewswire/ - Aurora C...

12 days ago - PRNewsWire

Top Canadian Cannabis Contenders: Stocks to Watch Before May 2024

The global cannabis industry and top marijuana stocks are poised for significant growth, driven by increasing legalization and medical use. Furthermore, experts predict a compound annual growth rate o...

Other symbols: CGC
14 days ago - MarijuanaStocks

April 2024's Hot Picks: Top Canadian Cannabis Stocks To Watch Now

As we move into mid-April 2024, Canadian marijuana stocks are capturing the attention of investors, given the ongoing developments and shifts in the global cannabis market. Stocks like Tilray, Canopy ...

Other symbols: CGCTLRY
25 days ago - MarijuanaStocks

International Star Inc. Appoints Todd Masse as New CEO

DOVER, DE / ACCESSWIRE / April 10, 2024 / International Star, Inc. (OTC PINK:ILST) (the "Company" or "ILST") is pleased to announce the appointment of Todd Masse as its new Chief Executive Officer eff...

4 weeks ago - Accesswire

Weed Stocks Are in the Green Again

From last summer's low, the Pure US Cannabis ETF has doubled, to a recent $10.25.

Other symbols: CGCCRONTLRY
5 weeks ago - Barrons

Here's why Tilray, SNDL, Cronos, and Aurora Cannabis are flying

Cannabis stocks are getting supercharged this year, with most of them beating the blue-chip indices like the S&P 500, Nasdaq 100, and the Dow Jones. Tilray Brands (TLRY) stock price soared by over 18%...

Other symbols: CRONTLRY
5 weeks ago - Invezz

Aurora Cannabis stock extends rally as industry executive becomes C3 president

Aurora Cannabis Inc (TSE: ACB) is up another 35% on Wednesday after an industry executive became president of the Cannabis Council of Canada. What does it mean for $ACB?

5 weeks ago - Invezz

Aurora leads gains for Canadian cannabis stocks after pot trade group beefs up ranks with industry exec

Aurora Cannabis Inc. led gains among Canadian cannabis stocks on Wednesday after an industry executive was named president of the Cannabis Council of Canada trade group.

5 weeks ago - Market Watch

Cannabis Stocks on the Rise After Approval on Florida Ballot

Cannabis stocks rally as Florida Supreme Court approves the legalization proposal for ballot. Aurora (ACB) is up over 20% today.

Other symbols: CGCTLRY
5 weeks ago - Schwab Network

The Big Problem for Marijuana Companies? What to Do With All That Cash

Few banks will work with cannabis upstarts—but some lawmakers hope to change that this year.

Other symbols: CGCCRONTLRY
5 weeks ago - WSJ

Aurora Cannabis Commends Germany's Landmark Legalization Achievement

NASDAQ | TSX: ACB The Expected De-scheduling of Cannabis to Fuel Expansion of the Medical Cannabis Market in Germany EDMONTON, AB , April 1, 2024 /PRNewswire/ -- Aurora Cannabis Inc. (NASDAQ: ACB) (TS...

5 weeks ago - PRNewsWire

Tilray and Aurora Cannabis stocks are flying but it's risky to buy

Cannabis stocks are surging, helped by positive regulatory steps in the United States. Tilray Brands (NASDAQ: TLRY) stock jumped to $2.4 in the pre-market, its highest level since January 9th of this ...

Other symbols: TLRY
6 weeks ago - Invezz

Pot Stocks: The Mary Jane Trade Is Lit

Cannabis stocks traded higher today as Germany approved partial legalization. Adults would be able to carry up to 25G of cannabis in public.

Other symbols: CGCLFLYTLRY
7 weeks ago - Schwab Network

Cannabis stocks fall but hold onto big gains from the week on brighter federal reform prospects

Cannabis stocks cooled off Thursday but held onto big gains from the past week on the heels of positive comments from the Biden administration on reclassifying cannabis from a Schedule I controlled su...

Other symbols: CGCCRONTLRY
7 weeks ago - Market Watch

Aurora Cannabis Achieves Australia's TGA GMP Certification, Setting Global Standard for Quality and Compliance

Milestone Achievement Signals Company's Commitment to Solidifying its Leadership in the Australian Market                                                                                            NAS...

7 weeks ago - PRNewsWire

Aurora Cannabis, Canopy Growth, Curaleaf stocks spiked: here's why

It is a good Monday for Cannabis stocks. Canopy Growth (CGC), Curaleaf (CURLF),  and Aurora Cannabis (ACB) stock prices surged by more than 10% in the pre-market session.

Other symbols: CGCCURLF
7 weeks ago - Invezz

Cannabis stocks rise after President Biden mentions plant in State of the Union speech

Shares of both U.S. and Canadian cannabis stocks moved up on Friday after President Joe Biden mentioned the federal government's current effort to potentially reclassify the plant under federal law in...

2 months ago - Market Watch