PNXP (Pineapple Express Cannabis Co) Shares Outstanding (Basic Average): 39.20 Mil (As of Oct. 2025)


What is Pineapple Express Cannabis Co Shares Outstanding (Basic Average)?

Pineapple Express Cannabis Co PNXP +11.11% Shares Outstanding (Basic Average) is 39.20 Mil as of Oct. 2025. The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Pineapple Express Cannabis Co's average basic shares outstanding for the quarter that ended in Oct. 2025 was 39.20 Mil.

Pineapple Express Cannabis Co  (OTCPK:PNXP) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Pineapple Express Cannabis Co Shares Outstanding (Basic Average) Related Terms

Pineapple Express Cannabis Co Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Pineapple Express Cannabis Co's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pineapple Express Cannabis Co Shares Outstanding (Basic Average) Chart

Pineapple Express Cannabis Co Annual Data
Trend Jan22 Jan23 Jan24 Jan25
Shares Outstanding (Basic Average)
19.01 19.01 20.30 19.84

Pineapple Express Cannabis Co Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.84 19.83 21.86 30.39 39.20

Pineapple Express Cannabis Co Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 39.20 Mil mean?
Pineapple Express Cannabis Co (PNXP) has a Shares Outstanding (Basic Average) of 39.20 Mil as of Oct. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Pineapple Express Cannabis Co and its competitors.
Is Pineapple Express Cannabis Co's Shares Outstanding (Basic Average) too high?
Pineapple Express Cannabis Co's current Shares Outstanding (Basic Average) is 39.20 Mil.
How does Pineapple Express Cannabis Co's Shares Outstanding (Basic Average) compare to STEK and GCAN?
Pineapple Express Cannabis Co's Shares Outstanding (Basic Average) of 39.20 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Drug Manufacturers company?
A good Shares Outstanding (Basic Average) depends on the Drug Manufacturers industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Pineapple Express Cannabis Co and its competitors. Pineapple Express Cannabis Co's current Shares Outstanding (Basic Average) is 39.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pineapple Express Cannabis Co stock overvalued right now?
Pineapple Express Cannabis Co (PNXP) has a current Shares Outstanding (Basic Average) of 39.20 Mil. The current Shares Outstanding (Basic Average) is 39.20 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Pineapple Express Cannabis Co (PNXP), the current Shares Outstanding (Basic Average) is 39.20 Mil as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pineapple Express Cannabis Co Business Description

Address 300 Peachtree Street NE, Suite 1775, Atlanta, GA, USA, 30308-3565
Pineapple Express Cannabis Co along with its subsidiaries, serves as an incubator, helping early-stage ventures and startups in the cannabis sector through funding, mentoring, and training. It is also engaged in legal cannabis retail and owns and manages retail cannabis ventures.