NASDAQ:HYFM - Hydrofarm Holdings Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $75.00
  • Forecasted Upside: 24.81 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$60.09
▲ +2.67 (4.65%)
1 month | 3 months | 12 months
Get New Hydrofarm Holdings Group Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for HYFM and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for HYFM

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$75.00
▲ +24.81% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Hydrofarm Holdings Group in the last 3 months. The average price target is $75.00, with a high forecast of $95.00 and a low forecast of $63.00. The average price target represents a 24.81% upside from the last price of $60.09.
Buy
The current consensus among 5 contributing investment analysts is to buy stock in Hydrofarm Holdings Group.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/26/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/24/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/22/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/20/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/18/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/19/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/18/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/31/2021Deutsche Bank AktiengesellschaftLower Price TargetBuy$88.00 ➝ $77.00High
i
2/22/2021TruistBoost Price Target$65.00 ➝ $95.00Medium
i
1/4/2021William BlairInitiated CoverageOutperformN/A
i
Rating by J. Andersen at William Blair
1/4/2021Deutsche Bank AktiengesellschaftInitiated CoverageBuy$60.00N/A
i
1/4/2021TruistInitiated CoverageBuy$65.00N/A
i
1/4/2021JPMorgan Chase & Co.Initiated CoverageOverweight$63.00N/A
i
1/4/2021Stifel NicolausInitiated CoverageBuy$65.00N/A
i
(Data available from 4/19/2016 forward)
Hydrofarm Holdings Group logo
Hydrofarm Holdings Group, Inc. manufactures and distributes controlled environment agriculture equipment and supplies in the United States and Canada. The company offers lighting equipment, such as lighting systems/kits, grow light reflectors, grow light ballasts, LED lighting, fluorescent lighting, high-intensity discharge light systems, grow light reflectors, and lighting accessories; and equipment, including hydro components, meters and solutions, pumps and irrigation systems, water filtration systems, pots and containers, and tents and tarps. It also provides atmospheric control equipment comprising controllers, monitors and timers, ventilation/air conditioning equipment, air purification equipment, and CO2 equipment; premium soils; soil alternatives, such as rock wool, coconut coir, or clay pebbles; nutrients comprising fertilizers and additives; food storage products; and consumable supplies, including grow light bulbs, pruners, irrigation components, safety supplies, netting, containers, and trays. The company offers its products under the PHOTOBIO, Phantom, Quantum, Digilux, Jump Start, Active Aqua, Active Air, Autopilot, Xtrasun, Active Eye, Agrobrite, GROW!T, Phat, and oxyClone brands. Hydrofarm Holdings Group, Inc. was founded in 1977 and is headquartered in Petaluma, California.
Read More

Today's Range

Now: $60.09
$55.53
$61.14

50 Day Range

MA: $59.55
$47.42
$71.48

52 Week Range

Now: $60.09
$41.59
$95.48

Volume

560,700 shs

Average Volume

445,692 shs

Market Capitalization

$2.03 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Hydrofarm Holdings Group?

The following Wall Street research analysts have issued stock ratings on Hydrofarm Holdings Group in the last year: Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Stifel Nicolaus, Truist, William Blair, and Zacks Investment Research.
View the latest analyst ratings for HYFM.

What is the current price target for Hydrofarm Holdings Group?

4 Wall Street analysts have set twelve-month price targets for Hydrofarm Holdings Group in the last year. Their average twelve-month price target is $75.00, suggesting a possible upside of 24.8%. Truist has the highest price target set, predicting HYFM will reach $95.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $63.00 for Hydrofarm Holdings Group in the next year.
View the latest price targets for HYFM.

What is the current consensus analyst rating for Hydrofarm Holdings Group?

Hydrofarm Holdings Group currently has 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe HYFM will outperform the market and that investors should add to their positions of Hydrofarm Holdings Group.
View the latest ratings for HYFM.

What other companies compete with Hydrofarm Holdings Group?

How do I contact Hydrofarm Holdings Group's investor relations team?

The company's listed phone number is 707 765 9990. The official website for Hydrofarm Holdings Group is www.hydrofarm.com.