What Does The Future Hold For Decibel Cannabis Company Inc. (CVE:DB)? These Analysts Have Been Cutting Their Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 25 2025
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Source: Yahoo Finance
Analyst Downgrades: Decibel Cannabis Company Inc. faced a significant downgrade in revenue estimates from analysts, with projections for 2025 now at CA$104 million, down from CA$121 million, and expected earnings per share dropping to break-even.
Market Sentiment: Despite the downgrade, Decibel's revenue growth is still anticipated to outpace the industry average; however, analysts express caution due to potential financial issues, including stock dilution, leading to a 16% decrease in the company's consensus price target.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
