Canopy Growth AI Price Prediction

Financial Performance

Canopy Growth's revenue trends are positive, with the last quarter reporting a revenue of $86.2M, up by 36.9% from the previous quarter and up by 30.3% year over year. Gross profit also showed growth at $24.1M, a rise of 10.3% from the previous quarter and an increase of 4.6% YoY. However, their operating income was negative at -$23.8M, even though it improved by 48.1% from the previous quarter but still down -11.8% YoY indicating operational inefficiencies or high costs associated with running the business.

The EBITDA ratio is negative at -1.1 which indicates poor profitability and financial health while a PE ratio of -0.33 suggests that investors are not willing to pay much for each dollar of earnings given its negative EPS (earnings per share) of -3.62.

Stock Price

The stock price is currently trading at $1.19 which is an increase of 8.2% in the last month but has seen a significant decrease (-85%) on a YoY basis suggesting bearish sentiment among investors over time despite recent gains.The RSI value stands at approximately 63 indicating that it might be nearing overbought territory while its current price is significantly below its long-term trend as indicated by its far lower value than its 200-day moving average ($3.77).

Alternative Data Signals

Website traffic trends show a decline both MoM (-34%) and YoY (-31%), implying potentially decreased interest or engagement with Canopy Growth's online presence.Job openings have also reduced significantly both MoM(-33%) and YoY(-17%) indicating a possible slowdown in business expansion or cost-cutting measures. The very negative business outlook reported by 22% of employees suggests poor morale or confidence in the company's future prospects.

However, social media followers on Twitter have seen a slight increase (0.8%) over the last 90 days, which could imply some positive sentiment or interest among the public audience.

Conclusion

In conclusion, despite some positive trends in revenue and gross profit, Canopy Growth's overall financial performance shows signs of struggle with negative operating income, EBITDA ratio and EPS. The stock price trend is bearish on a yearly basis despite recent gains while alternative data signals such as website traffic, job openings and employee outlook are largely negative.The stock analysis for Canopy Growth appears to be bearish.