Hydrofarm Holdings Group, Inc. (HYFM)

Hydrofarm Holdings Group Stock Forecast

Stock Price Forecast

The 2 analysts that cover Hydrofarm Holdings Group stock have a consensus rating of "Hold" and an average price target of $7, which forecasts a 75.44% increase in the stock price over the next year. The lowest target is $6.5 and the highest is $7.5.

Price Target: $7 (+75.44%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$6.50	$7.00	$7.50	$7.50
Change	+62.91%	+75.44%	+87.97%	+87.97%

* Price targets were last updated on Aug 14, 2024.

Analyst Ratings

The average analyst rating for Hydrofarm Holdings Group stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Mar '24	Apr '24	May '24	Jun '24	Jul '24	Aug '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	3	3	3	1	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	1	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Grom UBS	UBS	Hold Maintains $12 → $6.5	Hold	Maintains	$12 → $6.5	+62.91%	Aug 14, 2024
W. Andrew Carter Stifel	Stifel	Hold Maintains $9 → $7.5	Hold	Maintains	$9 → $7.5	+87.97%	Jul 29, 2024
W. Andrew Carter Stifel	Stifel	Hold Maintains $11 → $9	Hold	Maintains	$11 → $9	+125.56%	Nov 14, 2023
Peter Grom UBS	UBS	Hold Maintains $23 → $13	Hold	Maintains	$23 → $13	+213.28%	May 16, 2023
W. Andrew Carter Stifel	Stifel	Strong Buy Maintains $18 → $15	Strong Buy	Maintains	$18 → $15	+263.41%	May 11, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

200.66M

Increased by 5.45%

from 190.29M

Revenue Next Year

211.36M

Increased by 5.33%

from 200.66M

EPS This Year

-6.31

from -14.51

EPS Next Year

-4.71

from -6.31

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	342.21M	479.42M	344.50M	226.58M	190.29M	200.66M	211.36M	223.42M
Revenue Growth	45.55%	40.10%	-28.14%	-34.23%	-16.02%	5.45%	5.33%	5.71%
EPS	-4.63	3.10	-63.50	-14.24	-14.51	-6.31	-4.71	-4.04
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	211.8M	218.4M	230.0M
Avg	200.7M	211.4M	223.4M
Low	187.2M	202.3M	214.7M

Revenue Growth

Revenue Growth	2025	2026	2027
High	11.3%	8.8%	8.8%
Avg	5.5%	5.3%	5.7%
Low	-1.6%	0.8%	1.6%

EPS Forecast

EPS	2025	2026	2027
High	-6.50	-4.85	-4.16
Avg	-6.31	-4.71	-4.04
Low	-6.07	-4.53	-3.88

EPS Growth

EPS Growth	2025	2026	2027
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.