▲ +63.02% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Charlotte's Web in the last 3 months. The average price target is $8.54, with a high forecast of $13.00 and a low forecast of $4.00. The average price target represents a 63.02% upside from the last price of $5.24.
The current consensus among 6 investment analysts is to buy stock in Charlotte's Web.
Charlotte's Web Holdings, Inc. produces and distributes hemp-based cannabidiol wellness products in the United States. The company offers products in the categories of tinctures, capsules, gummies, topicals, and pet products. It distributes its products under the Charlotte's Web name through its ecommerce website, third party ecommerce websites, as well as distributors, and various brick and mortar retailers. The company was formerly known as Stanley Brothers Holdings Inc. and changed its name to Charlotte's Web Holdings, Inc. in July 2018. Charlotte's Web Holdings, Inc. was incorporated in 2018 and is headquartered in Boulder, Colorado.