5 Best Hemp Stocks To Buy Now

In this article, we will take a look at the 5 Best Hemp Stocks To Buy Now. For a deeper discussion and an extended list, please see the 7 Best Hemp Stocks To Buy Now.

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5. Turning Point Brands, Inc. (NYSE:TPB)

On April 23, Alliance Global dropped its price target for Turning Point Brands, Inc. (NYSE:TPB) to $130 from $135. It maintained a Buy rating on the stock. The firm added that it cut forecasts ahead of the first quarter to reflect expected softness in legacy industries and expenditures in nicotine pouches weighing on profits.

Earlier, on March 3, Alliance Global analyst Aaron Grey boosted the target for Turning Point Brands, Inc. (NYSE:TPB) to $135 from $110 after Q4. It retained a Buy rating. The firm expected that 2026 would be a “healthy sales growth year,” although cautioning that higher trade spending adds uncertainty to net sales projections.

The firm also sees Turning Point Brands, Inc. (NYSE:TPB) as a possible “winner within the modern oral pouch category.”

Turning Point Brands, Inc. (NYSE:TPB)’ 2026 outlook expects Modern Oral gross revenue of $220 million to $240 million and net revenue of $180 million to $190 million. The first-quarter adjusted EBITDA is expected to be between $24 million and $27 million, including investments in sales, marketing, and trade promotions.

Turning Point Brands, Inc. (NYSE:TPB) manufactures, markets, and distributes branded consumer items, including alternative smoking accessories and consumables containing active substances. It functions through Zig-Zag Products, Stoker’s Products, and Creative Distribution Solutions segments.