Hydrofarm Holdings Group Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for HYFM stock have an average target of 0.70, with a low estimate of 0.65 and a high estimate of 0.75. The average target predicts an increase of 14.74% from the current stock price of 0.61.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$0.65	$0.70	$0.75	$0.75
Change	+6.54%	+14.74%	+22.93%	+22.93%

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

Analyst Ratings

The average analyst rating for HYFM stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	1	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	1	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Grom UBS	UBS	Hold Maintains $1.15 → $0.65	Hold	Maintains	$1.15 → $0.65	+6.54%	Aug 14, 2024
W. Andrew Carter Stifel	Stifel	Hold Maintains $0.9 → $0.75	Hold	Maintains	$0.9 → $0.75	+22.93%	Jul 29, 2024
W. Andrew Carter Stifel	Stifel	Hold Maintains $1.1 → $0.9	Hold	Maintains	$1.1 → $0.9	+47.52%	Nov 14, 2023
Peter Grom UBS	UBS	Hold Maintains $2.25 → $1.25	Hold	Maintains	$2.25 → $1.25	+104.88%	May 16, 2023
W. Andrew Carter Stifel	Stifel	Strong Buy Maintains $1.8 → $1.45	Strong Buy	Maintains	$1.8 → $1.45	+137.67%	May 11, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

200.46M

from 226.58M

-11.53%

from 226.58M

Revenue Next Year

207.43M

from 200.46M

3.48%

from 200.46M

EPS This Year

-0.88

from -1.42

EPS Next Year

-0.61

from -0.88

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	235.11M	342.21M	479.42M	344.50M	226.58M	200.46M	207.43M	222.58M
Revenue Growth	11.00%	45.55%	40.10%	-28.14%	-34.23%	-11.53%	3.48%	7.30%
EPS	-1.94	-0.46	0.31	-6.35	-1.42	-0.88	-0.61	-0.45
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	4	4

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

Revenue Forecast

Revenue	2024	2025	2026
High	206.9M	219.5M	239.4M
Avg	200.5M	207.4M	222.6M
Low	192.2M	195.4M	204.3M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-8.7%	9.5%	15.4%
Avg	-11.5%	3.5%	7.3%
Low	-15.2%	-2.5%	-1.5%

EPS Forecast

EPS	2024	2025	2026
High	-0.90	-0.63	-0.46
Avg	-0.88	-0.61	-0.45
Low	-0.84	-0.59	-0.43

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.