Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Canopy Growth Corporation before investing.

In this article, we go over a few key elements for understanding Canopy Growth Corporation’s stock price such as:

• Canopy Growth Corporation’s current stock price and volume
• Why Canopy Growth Corporation’s stock price changed recently
• Upgrades and downgrades for CGC from analysts
• CGC’s stock price momentum as measured by its relative strength

About Canopy Growth Corporation (CGC)

Before we jump into Canopy Growth Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments. The company offers dried flower, pre-rolled joints, oils, softgel capsules, infused beverages, edibles comprising gummies, and topical formats, as well as vaporizer devices. It sells its products under the Tweed, 7ACRES, DOJA, Deep Space, HiWay, Maitri, Twd., Vert, Spectrum Therapeutics, Canopy Medical, Storz & Bickel, Martha Stewart, and Wana brands. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation was incorporated in 2009 and is headquartered in Smiths Falls, Canada.

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Canopy Growth Corporation’s Stock Price as of Market Close

As of April 24, 2025, 12:46 PM, CST, Canopy Growth Corporation’s stock price was $1.405.

Canopy Growth Corporation is up 13.31% from its previous closing price of $1.240.

During the last market session, Canopy Growth Corporation’s stock traded between $1.240 and $1.510. Currently, there are approximately 76.66 million shares outstanding for Canopy Growth Corporation.

Canopy Growth Corporation’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Canopy Growth Corporation Stock Price History

Canopy Growth Corporation’s (CGC) price is currently up 54.4% so far this month.

During the month of April, Canopy Growth Corporation’s stock price has reached a high of $1.510 and a low of $0.770.

Over the last year, Canopy Growth Corporation has hit prices as high as $14.920 and as low as $0.770. Year to date, Canopy Growth Corporation’s stock is down 48.72%.

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What Caused Canopy Growth Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of April 23, 2025,, no analysts have changed their rating of Canopy Growth Corporation’s stock over the last month.

Additionally, you'll want to evaluate Canopy Growth Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Canopy Growth Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Canopy Growth Corporation’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Canopy Growth Corporation (CGC) by visiting AAII Stock Evaluator.

Relative Price Strength of Canopy Growth Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 23, 2025, Canopy Growth Corporation has a weighted four-quarter relative price strength of -35.70%, which translates to a Momentum Score of 4 and is considered to be Very Weak.

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Canopy Growth Corporation Stock Price: Bottom Line

As of April 24, 2025, Canopy Growth Corporation’s stock price is $1.405, which is up 13.31% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Canopy Growth Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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