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Decibel Cannabis - DB Stock Price Target and Predictions

  • Consensus Rating: Strong Buy
  • Consensus Price Target: C$0.28
  • Forecasted Upside: 335.90%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 1 Strong Buy Ratings
C$0.07 As of 11/15/2024 05:31 PM ET
▼ -0.005 (-7.14%)

This chart shows the closing price for DB by one month, three months, or twelve months.

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Analyst Price Target for DB

Analyst Price Target is C$0.28
▲ +335.90% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Decibel Cannabis in the last 3 months. The average price target is C$0.28, with a high forecast of C$0.40 and a low forecast of C$0.20. The average price target represents a 335.90% upside from the last price of C$0.07.

This chart shows the closing price for DB for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Strong Buy

The current consensus among 2 contributing investment analysts is to buy (strong buy) stock in Decibel Cannabis. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/27/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/25/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/23/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/21/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/19/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/18/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/17/2024

Latest Recommendations

  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/15/2024ATB CapitalLower TargetC$0.50 ➝ C$0.40
8/15/2024Ventum FinancialLower TargetC$0.25 ➝ C$0.20
7/8/2024Ventum Cap MktsUpgradeStrong-Buy
5/30/2024Echelon Wealth PartnersLower TargetSpeculative BuyC$0.30 ➝ C$0.25
12/20/2023Echelon Wealth PartnersReiterated RatingSpeculative BuyC$0.35
10/27/2023Atb Cap MarketsReiterated RatingOutperform
(Data available from 11/17/2019 forward)

News Sentiment Rating

0.00 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/21/2024
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
5/21/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/20/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/20/2024
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/19/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/18/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/18/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/17/2024

Current Sentiment

  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Decibel Cannabis logo
Decibel Cannabis Company Inc., an integrated cannabis company, engages in the cannabis cultivation, processing, and sale of cannabis flower products in Canada. It is also involved in the extraction, processing, and manufacturing vape cartridges, cannabis infused products, cannabis extracts, and glass tube packaging for pre-rolls. In addition, the company engages in the cannabis retail business through operating operational retail locations in Saskatchewan, as well as an e-commerce cannabis platform throughout the Province of Saskatchewan; and operational retail locations in Alberta. It offers its products under the Qwest, Vox, Blendcraft, and General Admission brands. Further, the company exports its products to Israel and Australia. Decibel Cannabis Company Inc. is headquartered in Calgary, Canada.
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Today's Range

Now: C$0.07
Low: C$0.07
High: C$0.08

50 Day Range

MA: C$0.06
Low: C$0.05
High: C$0.09

52 Week Range

Now: C$0.07
Low: C$0.04
High: C$0.16

Volume

278,505 shs

Average Volume

206,887 shs

Market Capitalization

C$26.59 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.03

Frequently Asked Questions

What sell-side analysts currently cover shares of Decibel Cannabis?

The following sell-side analysts have issued reports on Decibel Cannabis in the last year: ATB Capital, Echelon Wealth Partners, Ventum Cap Mkts, and Ventum Financial.
View the latest analyst ratings for DB.

What is the current price target for Decibel Cannabis?

0 Wall Street analysts have set twelve-month price targets for Decibel Cannabis in the last year. Their average twelve-month price target is C$0.28, suggesting a possible upside of 335.9%. ATB Capital has the highest price target set, predicting DB will reach C$0.40 in the next twelve months. Ventum Financial has the lowest price target set, forecasting a price of C$0.20 for Decibel Cannabis in the next year.
View the latest price targets for DB.

What is the current consensus analyst rating for Decibel Cannabis?

Decibel Cannabis currently has 1 buy rating and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Strong Buy."
View the latest ratings for DB.

What other companies compete with Decibel Cannabis?

Other companies that are similar to Decibel Cannabis include Founders Advantage Capital Corp. (FCF.V), Pinetree Capital, Routemaster Capital Inc. (RM.V), McCoy Global and Power Metals. Learn More about companies similar to Decibel Cannabis.

How do I contact Decibel Cannabis' investor relations team?

Decibel Cannabis' physical mailing address is 140 - 4th Avenue SW, Suite 1440, Calgary, AB T2P 3N3, Canada, . The company's listed phone number is 587-664-0300. The official website for Decibel Cannabis is www.decibelcc.com. Learn More about contacing Decibel Cannabis investor relations.