Important note
This AI stock analysis for Aurora Cannabis is not up to date. Creating and accessing our AI stock Analysis (powered by our data and Chat GPT) is only available for our premium users. Sign up to get access today!
Aurora Cannabis - AI Stock Analysis
Analysis generated July 22, 2024
Aurora Cannabis Inc. is a Canadian-based company involved in the production, distribution, and marketing of medical and recreational cannabis. Aurora is one of the largest cannabis companies in the world, with operations spanning multiple continents and a wide range of products. The company aims to be a global leader in cannabis innovation and wellness, leveraging state-of-the-art facilities and advanced cultivation techniques.
Fundamental Analysis
The revenue for Aurora Cannabis in the last quarter was $67M. This is a 4.64% increase compared to the previous quarter, indicating a positive sign of growth. However, when compared to the same quarter last year, there is a 6.55% decrease in revenue, which may be a cause for concern.
The net income for the last quarter was $17M, an increase of 28.95% compared to the previous quarter. However, compared to the same quarter last year, there's a significant decrease of 103.70%, indicating deteriorating profitability.
EBITDA for the last quarter was $0, a noteworthy improvement of 100.00% quarter-over-quarter and year-over-year. While EBITDA being zero is not generally a strong indication of profitability, the fact it showed substantial improvement could be seen as a positive sign.
Technical Analysis
Today's stock price of Aurora Cannabis is $6.03, showing an increase of 18.47% compared to a month ago, indicating a positive short-term trend. Additionally, compared to a year ago, the stock price has increased by 19.41%, suggesting a positive long-term trend and a bullish market sentiment.
The current Simple Moving Average over 10 days (SMA10) is $5.93, which remains steady. This may indicate the start of a sustained upward trend in price movement. The Relative Strength Index (RSI) is 64.6, indicating a neutral condition but leaning towards overbought territory, which should be monitored closely.
Alternative Data Analysis
Analyzing job postings and employee sentiment, Aurora Cannabis currently has 10 open positions. This number is down by 52% in the last couple of months, suggesting a focus on improving margins or cutting costs, which might not be a great sign for a growing company. Despite this, the business outlook has been trending up by 17% during the same period, which is a positive trend.
Regarding customer acquisition, Aurora Cannabis has an estimated 22,000 visitors to their webpage, up by 16% in the last few months, a bullish sign as it can indicate an increase in customers.
In terms of customer engagement, the company's Twitter page has 46,000 followers, and the number of followers is down by 0%, indicating a lack of growing interest in the company. Finally, the AltIndex AI score for Aurora Cannabis is 43, suggesting a hold signal for the stock.
Conclusion and Recommendation
Based on the data provided, Aurora Cannabis presents a mixed but cautiously optimistic outlook. While revenue and net income have shown a positive trend over the last quarter, the year-over-year comparisons show room for improvement. The technical indicators suggest a bullish trend, backed by increasing stock prices. However, the decrease in job postings alongside improved business outlook and increased webpage traffic adds complexity to the picture.
Given the mix of positive short-term indicators and some negative year-over-year comparisons, the recommendation would be a cautious hold. Investors might want to keep a close eye on market trends and company performance in the next quarters before making further investment decisions.
Disclaimer: This AI stock analysis, generated by an experimental AI tool, is for informational purposes only and not financial advice. Information is based on publicly available data and may not always be accurate or current.
