$2.81
0.71% yesterday
Nasdaq, Nov 15, 10:00 pm CET
ISIN
CA44969Q2080
Symbol
IMCC
Sector
Industry

IM Cannabis Corp Target price 2024 - Analyst rating & recommendation

IM Cannabis Corp Classifications & Recommendation:

Buy
50%
Hold
50%

IM Cannabis Corp Price Target

Target Price $6.00
Price $2.81
Potential
Number of Estimates 1
1 Analyst has issued a IM Cannabis Corp price target 2025. The average IM Cannabis Corp target price is $6.00. This is higher than the current stock price.
A rating was issued by 2 analysts: 1 Analysts recommend IM Cannabis Corp to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the IM Cannabis Corp stock has an average upside potential 2025 of . Most analysts recommend the IM Cannabis Corp stock at Buy or hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 36.16 39.38
13.37% 8.90%
EBITDA Margin -18.81% -8.81%
45.53% 53.15%
Net Margin -20.29% -25.88%
81.21% 27.55%

1 Analyst has issued a sales forecast IM Cannabis Corp 2024 . The average IM Cannabis Corp sales estimate is

$39.4m
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. This is
4.29% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$39.4m 4.29%
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, the lowest is
$39.4m 4.29%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $36.2m 13.37%
2024
$39.4m 8.90%
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2025
$55.6m 41.23%
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2026
$62.8m 12.83%
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The average IM Cannabis Corp net profit estimate is

$-10.2m
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. This is
7.77% lower
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than the net profit for the last 12 months(TTM).

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-7.3m 83.72%
2024
$-10.2m 38.89%
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2025
$-3.7m 63.49%
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Net Margin

2023 -20.29% 81.21%
2024
-25.88% 27.55%
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2025
-6.70% 74.11%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
Earnings Per Share $ -3.29 -4.57
83.72% 38.91%
P/E negative
EV/Sales 0.38

The average IM Cannabis Corp <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-4.57
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. This is
7.78% lower
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than earnings per share in the financial year 2023.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-3.29 83.72%
2024
$-4.57 38.91%
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2025
$-1.67 63.46%
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P/E ratio

Current -0.66 2,100.00%
2024
-0.61 7.58%
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2025
-1.68 175.41%
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Based on analysts' sales estimates for 2024, the IM Cannabis Corp stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.40 5.26%
2024
0.38 4.00%
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2025
0.27 29.19%
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2026
0.24 11.40%
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P/S ratio

Current 0.17 11.94%
2024
0.16 4.10%
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2025
0.11 29.21%
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2026
0.10 11.36%
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