GrowGeneration Corp
GrowGeneration Corp operates as a specialty retailer of hydroponic, organic, and other growing supplies for the indoor gardening and cannabis cultivation markets.
Business. GrowGeneration Corp (GRWG.O) is a retailer of home improvement products and services, operating within the Consumer Cyclicals sector. The company is headquartered in the United States and is primarily listed on the NASDAQ stock exchange. Specific details regarding its operating segments and geographic revenue mix are not provided in the available data.
Analyst recommendations
3 analysts · consensus HoldAt a glance
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- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
GrowGeneration Corp (GRWG.O) is a retailer of home improvement products and services, operating within the Consumer Cyclicals sector. The company is headquartered in the United States and is primarily listed on the NASDAQ stock exchange. Specific details regarding its operating segments and geographic revenue mix are not provided in the available data.
GrowGeneration Corp has a market capitalization of $91.94 million and a price-to-book ratio of 0.94, indicating that the company is trading at a discount to its book value. The company's liquidity position is characterized by a current ratio of 3.99, suggesting strong short-term liquidity. However, the company has negative operating cash flow of -$9.45 million and free cash flow of -$13.28 million, which indicates that it is not generating positive cash from operations.
The company's profitability is weak, with a return on equity of -24.66% and a return on assets of -16.35%, both significantly below the industry median for home improvement retailers. Gross profit of $45.68 million is offset by a net loss of $24.05 million, reflecting poor cost control and operational inefficiencies. The company's operating margin is negative, with an operating loss of $25.59 million, further highlighting the challenges in maintaining profitability.
GrowGeneration's revenue is concentrated in the United States, with no disclosed international operations. The company's business is primarily driven by its retail operations, with no material diversification across product lines or geographic regions. This concentration increases the company's exposure to regional economic downturns and regulatory changes affecting the cannabis industry.
The company's growth trajectory is uncertain, with no clear indication of revenue expansion in the near term. The company's operating cash flow and free cash flow are negative, and there is no evidence of capital expenditure growth to support future expansion. Analysts have a mixed outlook, with a mean price target of $1.88 and a median price target of $1.88, suggesting limited upside potential.
The company's risk profile is characterized by low liquidity and dilution risk, with no immediate filing-based flags detected. However, the company's negative cash flows and weak profitability increase the risk of future dilution if the company needs to raise additional capital. The company has no long-term debt, which reduces its financial leverage risk.
Recent filings and transcripts do not indicate any material events that would significantly impact the company's operations or financial position. The company's business model remains focused on retail sales of growing supplies, with no significant changes in strategy or operations disclosed.
- GrowGeneration is trading at a discount to book value, with a price-to-book ratio of 0.94.
- The company has a weak profitability profile, with a return on equity of -24.66% and a return on assets of -16.35%.
- GrowGeneration's business is highly concentrated in the U.S. retail market, increasing its exposure to regional economic and regulatory risks.
- Analysts have a mixed outlook, with a mean price target of $1.88 and a median price target of $1.88.
- The company has no long-term debt, which reduces its financial leverage risk.
- The company's negative cash flows and weak profitability increase the risk of future dilution if the company needs to raise additional capital.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,22 |
| Revenue | —no estimate | —no estimate | 164,8M USD |
| Operating income | —no estimate | —no estimate | -14,0M USD |
- FY2026 — next full year (forecast) · projected off FY2025 close, as of 2025-12-31 · conf —111,5MFORECAST
- FY2026 — next full year (forecast) · projected off FY2025 close, as of 2025-12-31 · conf —22,9MFORECAST
- FY2024 — reported · conf —161,6MREPORTED
- FY2025 — reported · conf —135,9MREPORTED
- FY2024 — reported · conf —26,1MREPORTED
- FY2025 — reported · conf —21,1MREPORTED
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Return On Equitynet_income / total_equity
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Capex To Revenuecapital_expenditure / revenue
- GrowGeneration Corp Market data — financials · 2026-05-28
- GrowGeneration Corp Market data — analyst estimates · 2026-05-28
- GrowGeneration Corp Market data — ESG · 2026-05-28
Ownership & reference
Top holders
- Investment Managers · as of 2024-06-300,00 %$9M
- Investment Managers · as of 2024-12-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2025-12-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Leadership
- Darren N LampertChairman of the Board, Chief Executive Officer
- Michael SalamanPresident, Director
Insider activity
- Director, President · Common StockOther 50 000 · 2026-06-15
- Director, CEO · Common StockOther 50 000 · 2026-06-15
- Chief Financial Officer · Common StockOther 24 990 · 2026-06-15
- Director, CEO · Common StockBought 64 098 @ $1,55$99K · 2026-05-18
- Director, CEO · Common StockOther 50 000 · 2025-12-15
- Chief Financial Officer · Common StockOther 2 671 · 2025-12-15
- Chief Financial Officer · Common StockOther 21 375 · 2025-12-15
- Director, President · Common StockOther 50 000 · 2025-12-15
- Director, CEO · Common StockSold 56 540 @ $1,61$91K · 2025-11-13
- Director, CEO · Common StockSold 70 280 @ $1,74$122K · 2025-11-12
- Director · Common StockBought 133 334 @ $1,66$221K · 2025-09-22
- Director · Common StockOther 20 000 · 2025-09-18
- Director · Common StockOther 20 000 · 2025-09-18
- Director · Common StockOther 25 000 · 2025-09-18
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Return on equity (FY 2025-12-31): -24.7%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -8.7%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -14.4%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -18.8%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -15.7%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 50.8%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -425.1%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 51.4%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): -1.0%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 51.2%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 51.2%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 10.7%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.51xDerived (calculated)
- Current ratio (FY 2025-12-31): 3.99xDerived (calculated)
- Return on assets (FY 2025-12-31): -16.4%Derived (calculated)
- Net margin (FY 2025-12-31): -14.9%Derived (calculated)
- Gross margin (FY 2025-12-31): 26.8%Derived (calculated)
- Cash & equivalents (annual): USD 30.41MSEC XBRL filing
- Operating income (annual): USD -25.59MSEC XBRL filing
- Current liabilities (annual): USD 25.98MSEC XBRL filing
- Shares outstanding (annual): 60.09MSEC XBRL filing
- Current assets (annual): USD 103.75MSEC XBRL filing
- Operating cash flow (annual): USD -9.45MSEC XBRL filing
- Shareholders' equity (annual): USD 97.5MSEC XBRL filing