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Verano - VRNOF Stock Price Target and Predictions

  • Consensus Rating: Strong Buy
  • Consensus Price Target: $7.00
  • Forecasted Upside: 438.46%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 2 Strong Buy Ratings
$1.30 As of 12/17/2024 01:00 AM ET
▲ +0.08 (6.56%)

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

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Analyst Price Target for VRNOF

Analyst Price Target is $7.00
▲ +438.46% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Verano in the last 3 months. The average price target is $7.00, with a high forecast of $7.00 and a low forecast of $7.00. The average price target represents a 438.46% upside from the last price of $1.30.

This chart shows the closing price for VRNOF 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 3 contributing investment analysts is to buy (strong buy) stock in Verano. This rating has held steady since July 2024, when it changed 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
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/26/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/24/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/23/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/22/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/20/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/18/2024
  • 2 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/17/2024
  • 2 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/17/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/10/2024Roth CapitalUpgradeStrong-Buy
7/30/2024Ventum Cap MktsUpgradeStrong-Buy
5/8/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$7.00
3/1/2024Needham & Company LLCBoost TargetBuy ➝ Buy$6.00 ➝ $7.00
11/8/2023Needham & Company LLCBoost TargetBuy ➝ Buy$5.00 ➝ $6.00
7/5/2023ATB CapitalInitiated CoverageOutperform
7/4/2023Atb Cap MarketsReiterated RatingOutperform
5/19/2023Needham & Company LLCUpgradeHold ➝ Buy
2/10/2023Cantor FitzgeraldInitiated CoverageOverweight$10.00
10/14/2022Alliance Global PartnersLower TargetC$16.00 ➝ C$12.00
9/8/2022Pi FinancialReiterated RatingBuy
8/16/2022Alliance Global PartnersLower TargetC$27.00 ➝ C$16.00
7/29/2022Needham & Company LLCDowngradeBuy ➝ Hold
7/22/2022Seaport Res PtnReiterated RatingBuy
5/26/2022Canaccord Genuity GroupLower TargetC$24.50 ➝ C$23.00
4/28/2022Canaccord Genuity GroupLower TargetBuy ➝ BuyC$26.00 ➝ C$24.50
2/11/2022Alliance Global PartnersInitiated CoverageBuy$30.00
2/9/2022Needham & Company LLCInitiated CoverageBuy$26.00
12/31/2021Echelon Wealth PartnersReiterated RatingBuy$40.00
10/1/2021Echelon Wealth PartnersReiterated RatingBuy$40.00
7/30/2021BTIG ResearchInitiated CoverageBuy$47.00
7/15/2021Roth CapitalInitiated CoverageBuy$16.00
5/11/2021Echelon Wealth PartnersReiterated RatingBuy
4/23/2021Echelon Wealth PartnersReiterated RatingBuy$35.00
(Data available from 12/18/2019 forward)

News Sentiment Rating

0.91 (Buy)

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
  • 4 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/21/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/20/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/20/2024
  • 6 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/19/2024
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/18/2024
  • 1 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/18/2024
  • 3 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
11/17/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/17/2024

Current Sentiment

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

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

  • No positive mentions tracked during this time.

Very Positive

Verano logo
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. It offers cannabis products under the Encore, Avexia, MUV, Savvy, BITS, and Verano brands for medical and adult-use markets. The company is headquartered in Chicago, Illinois.
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Today's Range

Now: $1.30
Low: $1.17
High: $1.30

50 Day Range

MA: $2.28
Low: $1.19
High: $3.93

52 Week Range

Now: $1.30
Low: $1.15
High: $7.08

Volume

923,279 shs

Average Volume

470,586 shs

Market Capitalization

$466.37 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.87

Frequently Asked Questions

What sell-side analysts currently cover shares of Verano?

The following Wall Street sell-side analysts have issued stock ratings on Verano in the last twelve months: Needham & Company LLC, Roth Capital, and Ventum Cap Mkts.
View the latest analyst ratings for VRNOF.

What is the current price target for Verano?

0 Wall Street analysts have set twelve-month price targets for Verano in the last year. Their average twelve-month price target is $7.00, suggesting a possible upside of 438.5%. Needham & Company LLC has the highest price target set, predicting VRNOF will reach $7.00 in the next twelve months. Needham & Company LLC has the lowest price target set, forecasting a price of $7.00 for Verano in the next year.
View the latest price targets for VRNOF.

What is the current consensus analyst rating for Verano?

Verano currently has 1 buy rating and 2 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Strong Buy."
View the latest ratings for VRNOF.

What other companies compete with Verano?

Other companies that are similar to Verano include Green Thumb Industries, BrightView, Mission Produce, BrasilAgro - Companhia Brasileira de Propriedades Agrícolas and TerrAscend. Learn More about companies similar to Verano.

How do I contact Verano's investor relations team?

The company's listed phone number is 312-265-0730 and its investor relations email address is [email protected]. The official website for Verano is www.verano.com. Learn More about contacing Verano investor relations.