The price of GRWG is predicted to go up 128.84%, based on the high correlation periods with SGBX. The similarity of these two price pattern on the periods is 94.23%.

GRWG

SGBX

Up: 128.84%Similarity: 94.23%

GRWG Revenue Forecast

GRWG EPS Forecast

GRWG FAQs

What is bull’s view on GRWG?

GrowGeneration (GRWG) is currently trading at depressed levels, making it an attractive value play for bullish investors. The stock has shown resilience with a 12.5% increase in same-store sales despite a 10.2% decline in overall revenue due to store closures. With strong cash reserves of $55.2 million and plans to expand its e-commerce platform, GRWG could see upside potential, targeting $6.50–$7.00 in the near term if operational improvements materialize.

What is bear's view on GRWG?

GrowGeneration (GRWG) stock is currently bearish due to weak financial performance. The company reported a 10.2% decline in Q3 2024 net sales and a widening net loss of $11.4 million, despite cost-cutting measures and strong cash reserves of $55.2 million. With gross profit margins under pressure and restructuring challenges, the stock may face further downside, potentially testing support near $2.50.