Hydrofarm Holdings Group Inc has a consensus price target of $9.72 based on the ratings of 5 analysts. The high is $36 issued by Deutsche Bank on March 2, 2022. The low is $0.65 issued by UBS on August 14, 2024. The 3 most-recent analyst ratings were released by UBS, Stifel, and Stifel on August 14, 2024, July 29, 2024, and November 14, 2023, respectively. With an average price target of $0.77 between UBS, Stifel, and Stifel, there's an implied 23.22% upside for Hydrofarm Holdings Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hydrofarm Holdings Group (NASDAQ:HYFM) was reported by UBS on August 14, 2024. The analyst firm set a price target for $0.65 expecting HYFM to rise to within 12 months (a possible 4.47% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Hydrofarm Holdings Group (NASDAQ:HYFM) was provided by UBS, and Hydrofarm Holdings Group maintained their neutral rating.
There is no last upgrade for Hydrofarm Holdings Group
The last downgrade for Hydrofarm Holdings Group Inc happened on August 3, 2022 when JP Morgan changed their price target from N/A to N/A for Hydrofarm Holdings Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hydrofarm Holdings Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hydrofarm Holdings Group was filed on August 14, 2024 so you should expect the next rating to be made available sometime around August 14, 2025.
While ratings are subjective and will change, the latest Hydrofarm Holdings Group (HYFM) rating was a maintained with a price target of $1.15 to $0.65. The current price Hydrofarm Holdings Group (HYFM) is trading at is $0.62, which is out of the analyst’s predicted range.
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