Hexo stock price Where will the stock price be in 2 and a half months and in 7 and a half months??? Well impossible to know for sure.
Once Q3 earnings are released in 2-3 months: The Zenabis acquisition will have been closed (vote May 13th), details concerning at least one business agreement regarding edibles is anticipated, and HEXO is expected to be closer to profitability on a EPS basis. My guess is that the stock price has the potential to hit $16+.
In 7-8 months, the various legislation to, in effect, legalize weed in the U.S. will have advanced and Truss CBD USA is expected to have expanded the beverage pilot from 1 to potentially 6 states; HEXO will have become a top-3 LP in Canada fighting for the number 2 spot. News regarding other business partnerships and sales to Europe may come as well. My opinion: HEXO will be considered a less speculative investment and based on growing earnings, the share price could touch $25, and if not in November 2021 then with the 6 months that follow.
So yeah, I'm holding tight for the next 15 months . . .