Hydrofarm Holdings Group, Inc. (HYFM)
NASDAQ: HYFM · IEX Real-Time Price · USD
0.830
-0.030 (-3.49%)
At close: May 17, 2024, 4:00 PM
0.849
+0.019 (2.31%)
After-hours: May 17, 2024, 6:41 PM EDT
Hydrofarm Holdings Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for HYFM stock has a target of 0.90, which predicts an increase of 8.43% from the current stock price of 0.83.
Analyst Consensus: Hold
* Price targets were last updated on Nov 14, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for HYFM is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $1.1 → $0.9 | Hold | Maintains | $1.1 → $0.9 | +8.43% | Nov 14, 2023 |
| UBS | UBS | Hold Maintains $2.25 → $1.25 | Hold | Maintains | $2.25 → $1.25 | +50.60% | May 16, 2023 |
| Stifel | Stifel | Strong Buy Maintains $1.8 → $1.45 | Strong Buy | Maintains | $1.8 → $1.45 | +74.70% | May 11, 2023 |
| Wells Fargo | Wells Fargo | Hold Maintains $2 → $1.5 | Hold | Maintains | $2 → $1.5 | +80.72% | Jan 3, 2023 |
| Wells Fargo | Wells Fargo | Hold Maintains $2.5 → $2 | Hold | Maintains | $2.5 → $2 | +140.96% | Oct 3, 2022 |
Financial Forecast
Revenue This Year
194.62M
from 226.58M
Decreased by -14.11%
Revenue Next Year
201.20M
from 194.62M
Increased by 3.38%
EPS This Year
-0.44
from -1.42
EPS Next Year
-0.38
from -0.44
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 200.9M | 209.9M | 213.6M |
| Avg | 194.6M | 201.2M | 207.5M |
| Low | 186.5M | 190.7M | 199.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -11.3% | 7.9% | 6.2% |
| Avg | -14.1% | 3.4% | 3.1% |
| Low | -17.7% | -2.0% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.25 | -0.30 | -0.37 |
| Avg | -0.44 | -0.38 | -0.36 |
| Low | -0.61 | -0.44 | -0.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.