GET DAILY SIGNALSGrowGeneration (GRWG) Prepares for Q3 2026 Earnings: Key Metrics to Follow
Key Takeaways
- GrowGeneration is scheduled to report its third quarter 2026 results (the quarter ended September 30, 2026) on Tuesday, November 10, 2026, after the market close, followed by a conference call at 4:30 p.m. ET.
- Wall Street consensus points to roughly breakeven earnings per share (EPS) of about $0.01 on revenue near $45.04 million for the quarter.
- Management has guided third-quarter consolidated net sales to a range of $44 million to $46 million and expects positive adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization).
- Full-year 2026 guidance was reaffirmed at $162 million to $168 million in net revenue, while the adjusted EBITDA outlook was raised to $2 million to $3 million.
- In the prior-year period, the company reported revenue of $47.25 million and a loss of $0.04 per share, meaning a slight year-over-year revenue decline is anticipated.
- Investors will closely watch proprietary-brand penetration and gross margin, both central to the company's path toward profitability.
- For more context, you can explore GrowGeneration's Major News, Today's Price Move, Price Targets, and Forecast on additional pages.
- You can also explore Trending AI Robots for automated, AI-driven trading ideas across the market.
The Broader Picture Behind This Quarter's Report
GrowGeneration Corp. is one of the nation's largest suppliers of specialty products for controlled environment agriculture (CEA), commercial cultivation, and garden centers. Its third-quarter report arrives at a pivotal moment in a multi-year restructuring, as the company shifts toward higher-margin proprietary brands and a business-to-business (B2B) commercial model. After years of store closures and cost cuts, recent quarters have shown sequential revenue growth, gross margin expansion, and a return to positive adjusted EBITDA. The third quarter is seasonally important because it captures the outdoor cultivation and gardening season. For investors, the report offers a direct read on whether management's profitability roadmap remains on track and whether the turnaround can be sustained. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
What Analysts Are Expecting
Analysts expect GrowGeneration to report EPS of roughly $0.01, near breakeven, on revenue of approximately $45.04 million for the third quarter of 2026. That revenue figure would represent a modest year-over-year decline from the $47.25 million reported in the third quarter of 2025, when the company posted a loss of $0.04 per share. The company's own guidance calls for consolidated net sales of $44 million to $46 million and positive adjusted EBITDA for the quarter.
For the full year, management reaffirmed net revenue guidance of $162 million to $168 million and raised its adjusted EBITDA outlook to $2 million to $3 million, up from a prior expectation of roughly breakeven. Key metrics to watch include gross margin, which management expects to land between 27% and 29% for the full year, and proprietary-brand sales, targeted to reach about 40% of Cultivation and Gardening revenue by year-end. In the most recent quarter, revenue grew 5.5% year over year to $43.22 million and EPS of -$0.03 beat consensus.
Market Sentiment Heading Into the Release
Sentiment heading into the report has been cautiously optimistic, reflecting a steady but uneven turnaround. Shares have gained roughly 18% over the past year, trailing the broader industry's gains, and the stock has carried a post-earnings drift bias following its August release. Investors appear focused less on the headline revenue figure and more on the quality of the result, namely margin trajectory, proprietary-brand mix, and whether adjusted EBITDA stays positive. Key risk factors include sensitivity to the health of the cannabis cultivation customer base, lingering tariff exposure on imported goods, and the possibility that the seasonal outdoor gardening strength does not fully offset softer demand elsewhere.
Key Areas Investors Should Focus On
Beyond the headline numbers, investors should watch several drivers that could shape GrowGeneration's path over the coming quarters.
Proprietary-brand penetration is perhaps the most important metric. Management has targeted roughly 40% of Cultivation and Gardening revenue by year-end, and progress here directly supports gross margin expansion, which is guided to a 27% to 29% range for the full year. Any commentary on the pace of that mix shift will matter.
Tariff-related developments are another area to monitor. The company has cited volatility in U.S. trade policy and previously noted that a potential refund related to IEEPA (International Emergency Economic Powers Act) tariffs, estimated at more than $2 million, could support full-year adjusted EBITDA. Investors will want clarity on whether that benefit materializes.
Finally, watch the broader cannabis supply chain. GrowGeneration does not touch the plant itself, but its fortunes track the capital spending of its cultivation customers. Management has pointed to increased bidding activity for lighting, dehumidification, and facility infrastructure, alongside potential regulatory tailwinds from cannabis rescheduling. Whether those signals translate into sustained equipment demand will be a key theme for the remainder of 2026. From what I see, this remains an important factor to track closely.
My Experience Using Tickeron’s AI Tools
In preparing for earnings season like this one, I often turn to Tickeron’s AI Screener to quickly filter through comparable companies and spot patterns in the cultivation and agriculture supply space. The tool lets me apply technical and fundamental criteria in one place, which helps refine my focus before a report like this lands. It has become a regular part of how I review setups and compare peers without spending hours on manual checks. I find the AI-driven signals useful for confirming whether a name like GRWG stands out on metrics such as margin trends or volatility.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
GRWG's RSI Indicator recovers from oversold territory
The RSI Oscillator for GRWG moved out of oversold territory on October 21, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 46 similar instances when the indicator left oversold territory. In 38 of the 46 cases the stock moved higher. This puts the odds of a move higher at 83%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 28, 2026. You may want to consider a long position or call options on GRWG as a result. In 63 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 77%.
The Moving Average Convergence Divergence (MACD) for GRWG just turned positive on October 27, 2026. Looking at past instances where GRWG's MACD turned positive, the stock continued to rise in 33 of 42 cases over the following month. The odds of a continued upward trend are 79%.
GRWG moved above its 50-day moving average on November 09, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +6.80% 3-day Advance, the price is estimated to grow further. Considering data from situations where GRWG advanced for three days, in 172 of 223 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 39 of 45 cases where GRWG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 87%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GRWG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 86%.
GRWG broke above its upper Bollinger Band on November 09, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for GRWG entered a downward trend on October 29, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 29 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.982) is normal, around the industry mean (2.289). P/E Ratio (-5.357) is within average values for comparable stocks, (17.578). Projected Growth (PEG Ratio) (0.160) is also within normal values, averaging (1.159). Dividend Yield (0.000) settles around the average of (0.100) among similar stocks. P/S Ratio (0.543) is also within normal values, averaging (1.057).
The Tickeron Price Growth Rating for this company is 51 (best 1 - 100 worst), indicating steady price growth. GRWG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 55 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 95 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GRWG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a company, which engages in retails hydroponic and organic specialty gardening products.
Industry SpecialtyStores
Advertisement