Hydrofarm Holdings Faces Sales Decline Amid Sector Challenges: Analysts Project Upside Potential of 316.67%.

Hydrofarm Holdings (HYFM) reported a 20.9% drop in Q4 2024 net sales due to lower demand in vertical farming and hydroponics. Despite this, analysts project substantial upside for the stock, with a consensus target price of $7.00. The company is strategizing on cost-cutting and diversification to navigate industry challenges. Wall Street analysts have set their one-year price targets, with an average target price of $7.00 and an upside potential of 316.67%. The average brokerage recommendation remains at a "Hold" status, with a GF Value estimate of $8.02, indicating a substantial upside of 377.38%.