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Will Canopy Growth Corp (WEED) Beat Earnings Estimates in Its Next Report?

By Wealth Awesome -

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As Canopy Growth prepares to release its next earnings report, investors are eager to see if the company can improve its financial performance in a tough market.

Scheduled for August 7, 2026, before the market opens, Canopy Growth Corp (WEED.TO) will report its fiscal Q1 2026 results. With an EPS estimate of -$0.03, the company has a mixed earnings history, making this report crucial for investor sentiment.

Recent earnings trend

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Canopy Growth Corp

WEED.TO

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WEED.TO

Canopy Growth Corp

Source:WealthAwesomeWealthAwesome
$0.20 (-13.33%)
120 day period
$1.20$1.54$1.89Feb 9May 8Aug 5

Market cap

$591.91M

52W high

$3.28

52W low

$1.18

1W change

+4.84%

Beta

2.41

Analyst Price Targets

Based on analyst covering WEED

📈

Wall Street analysts forecast WEED stock price to rise 55.4% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$2.02

+55.4% Upside

Current Price

C$1.30

Last close

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on WEED's historical volatility

HistoricalForecast68%95%
C$0.65C$0.91C$1.17C$1.43C$1.69C$1.95TodayMar 26Jun 1Aug 5Sep 17Oct 31Dec 13

30-Day Vol

40.9%

Annualized

90-Day Vol

62.3%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$1.09

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$1.22C$1.06C$1.41
60 trading daysC$1.15C$0.95C$1.41
90 trading daysC$1.09C$0.85C$1.39

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Analyst coverage: 3 analyst(s) cover this name; upcoming EPS consensus is available.

Beat estimates in 1 of the last 4 comparable quarter(s).

Fiscal periodReport dateActual EPSEstimateSurprise
2026-06-302026-08-07-0.0300
2025-12-312026-02-06-0.1400-0.0500-180.0%
2025-09-302025-11-070.0030-0.1100+102.7%
2025-06-302025-08-08-0.1900-0.1200-58.3%
2025-03-312025-05-30-1.3200-0.2000-560.0%
2024-12-312025-02-07-1.0600-0.2300-360.9%
-1.5000-0.74850.0030 24-0324-0624-0924-1225-0325-0625-0925-12 Estimate Actual (≥0) Actual (<0) Wealth Awesome

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Investor takeaway: Investors should keep a close eye on Canopy Growth's upcoming earnings as it works toward profitability. The consensus EPS estimate of -$0.03, along with a recent trend of improving revenue, could reveal whether the company is on the right track.

Consensus EPS Estimate: -$0.03

Canopy Growth's EPS estimate shows a significant improvement from last year's -$0.22, suggesting a potential recovery.

Bull case

If Canopy Growth reports better-than-expected earnings or demonstrates strong revenue growth, it could boost investor confidence and positively impact stock performance. Analysts expect a revenue increase of 21.6% year-over-year, which could indicate a turnaround.

Bear case

On the other hand, if Canopy Growth fails to meet its EPS estimate or shows declining margins, it may heighten existing concerns about its financial viability. The company has struggled with profitability, as shown by its 92.38% profit margin loss.

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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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📊 Data AccuracyVerified sources
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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 6, 2026
Last Updated: August 6, 2026

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