Green Thumb Industries (GTBIF) stock prices and quotes are poised for significant growth, with a predicted future stock price of $20.84 after one year. This projection indicates a substantial 81.22% increase from the current price.
Based on 3 Wall Street analysts offering 12 month price targets for Green Thumb Industries in the last 3 months. The average price target is $14.92 with a high forecast of $21.95 and a low forecast of $11.00. The average price target represents a 42.90% change from the last price of $11.44.
GTBIF Stock Forecast may reach an average price of $15 by the end of 2023, $27.50 in mid of 2024, $38.55 in 2025, $58.40 in 2030, 65.60 in 2035, $81.00 in 2040, $101.00 in 2050.
About Green Thumb Industries Inc (GTBIF) Company
Green Thumb Industries (GTI) is a prominent player in the cannabis industry, engaged in the manufacturing and distribution of a diverse portfolio of branded cannabis products. Among its notable brands are &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles, and RYTHM.
Under the leadership of Ben Kovler, Green Thumb Industries is experiencing significant growth, expanding its $5.7 billion empire into the Empire State with the establishment of a lavish new grow facility. The company, headquartered in Chicago, Illinois, boasts an extensive infrastructure with 18 manufacturing facilities, over 85 operational retail locations, and a robust presence across 15 U.S. states.
GTBIF Stock Forecast and Price Target Outlook
According to GTBIF Stock price per share which is 11.44 USD −0.060 (0.52%)today, the 13 analysts offering 12-month price forecasts for Green Thumb Industries Inc. have a median target of 14.00, with a high estimate of 22.00 and a low estimate of 11.81. The median estimate represents a +32.96% increase from the last price of 11.44.
Green Thumb Industries (GTBIF) Stock Financial
| QTY Financials | Sep 2023 | Year-over-Year (Y/Y) |
|---|---|---|
| Revenue | $275.4M | 5.44% |
| Net Income | $10.51M | 6.95% |
| Diluted EPS | 0.04 | 0% |
| Net Profit Margin | 3.82% | 1.6% |
| Previous EPS | -15.79% | – |
| Previous Revenue | ▲7.34% | – |
| Open | 11.42 |
| High | 11.42 |
| Low | 10.82 |
| Market Cap | 3.13B CAD |
| P/E Ratio (Dividend Yield) | N/A (N/A) |
| 52-Week High | 12.49 |
| 52-Week Low | 6.42 |
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GTBIF Stock Forecast 2024
According to our analyst’s expert, we expect GTBIF Stock Price in 2024 to have a median target of $17.18 with a high forecast of $22 by mid of year and a low forecast of $7.50 from its current price of $11.44 as of 28-12-2023 with a growth of 32.19%.
GTBIF Stock Forecast 2025
Green Thumb Industries (GTBIF) is listed on the Canadian Securities Exchange (CSE), providing a trading platform for investors. Despite being headquartered in Chicago, IL, the company chose to go public in Canada through a process known as a reverse takeover (RTO). This strategic move occurred on June 13, 2018, allowing Green Thumb Industries to access the Canadian financial markets and expand its investor base.
Based on our data for GTBIF Stock forecast 2025 by analysts is expected to reach an average price of $19.95 in 2025, with a high prediction of $25.38 and a low estimate of $8.516. This indicates a 5.40% rise from the last recorded price of $11.44.
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GTBIF Stock Forecast 2030
Green Thumb Industries (GTI) stock holds a consensus rating of Buy, indicating positive sentiment among analysts. According to our prediction system, the future price of the stock is anticipated to reach $20.84 after a year, reflecting a substantial 81.22% increase.
Based on long-term data for GTBIF Stock forecast 2030 by analysts is expected to reach an average price of $31.95 in 2030, with a high prediction of $45.38 and a low estimate of $28.56. This indicates a 25.14% rise from the last recorded price of $11.44.
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GTBIF Stock Forecast 2033
Based on long-term data for GTBIF Stock forecast 2033 by analysts is expected to reach an average price of $39.95 in 2033, with a high prediction of $65.60 and a low estimate of $21.56 in next 10 years. This indicates a 27.94% rise from the last recorded price of $11.44.
GTBIF Stock Forecast 2040
Based on our analysis for GTBIF Stock forecast 2040 by analysts is expected to reach an average price of $49.15 in 2033, with a high prediction of $81.00 and a low estimate of $31.56 in next 20 years. This indicates a 17.94% rise from the last recorded price of $11.44.
GTBIF Stock Forecast 2050
Based on long-term data for GTBIF Stock forecast 2050 by analysts, it is expected to reach an average price of $59.95 in 2033, with a high prediction of $102.50 and a low estimate of $41.56 in next 30 years. This indicates a 47.74% rise from the last recorded price of $11.44.
Why is Green Thumb Industries Inc. (GTBIF) Dropping?
If you’re considering buying Green Thumb Industries stock, one thing to remember is that the time of really fast revenue growth for the company seems to be over. This change might affect how the stock performs in the future. So, before making any decisions, it’s a good idea to consider whether this matches up with what you’re looking for in an investment.
The major reason why is gtbif stock falling is Green Thumb Industries is currently facing a slowdown in its revenue, and while it’s expected to be temporary, the situation could be a bit challenging. The company is actively working on boosting its brand influence, but the outcome is uncertain and not guaranteed.
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What are GTBIF analyst ratings?
Green Thumb Industries Inc (GTBIF) holds a strong analyst rating consensus of Strong Buy. This positive evaluation is derived from 11 Wall Street analysts.
What is the 12-month analyst opinion of Gtbif?
According to analyst ratings, Green Thumb Industries Inc’s (GTBIF) 12-month average price target stands at $15.43.
What is the GTBIF 2025 stock price forecast?
Based on the latest analysis GTBIF stock forecast 2025 is expected to reach an average price of $19.95 in 2025 with a high price of $25.38 and a low price of $10.43.
What is the GTBIF 2024 stock price forecast?
Based on the latest analysis GTBIF stock forecast 2024 is expected to reach an average price of $10.95 in 2024 with a high price of $15.38 and a low price of $9.93.
What is the GTBIF 2030 stock price forecast?
Based on the latest analysis GTBIF stock forecast for 2030 is expected to reach an average price of $31.95 in 2024 with a high price of $45.38 and a low price of $28.56.
What is the market cap of GTBIF Stock in 2023?
As of the latest information, the Market Capitalization (Mkt Cap) is 3.13 billion CAD as of 30-12-2023.
What is the 52-week high and 52-week low for GTBIF Stock?
Based on current data for Green Thumb Industries (GTBIF) Stock 52-Week High: 12.49 CAD
52-Week Low: 6.42 CADWhat is the next earning date in 2024 for Green Thumb Industries Inc. (GTBIF)
The next Earnings Date for Green Thumb Industries Inc. (GTBIF) is Feb 26, 2024 – Mar 01, 2024
Why is GTBIF Stock Dropping?
Green Thumb Industries is going through a temporary revenue slowdown, and the success of efforts to enhance its brand power is uncertain.