Bank of America (BofA) has revised its price target for Hayward Holdings (HAYW, Financial), reducing it from $14 to $12 while maintaining an Underperform rating on the stock. This adjustment comes as BofA updates its forecasts for companies in the building products sector to account for a downturn in renovation and remodeling expenditures, slower growth in new construction, and potential tariff impacts.
BofA's revision reflects an approximate 4% decrease in their 2025 forecasts and a 6% decrease for 2026 across their coverage of the sector. In light of these trends, the firm has also lowered price targets across the group by around 17% on average. Such adjustments highlight growing concerns about the industry's future growth prospects amid challenging market conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Hayward Holdings Inc (HAYW, Financial) is $15.58 with a high estimate of $18.00 and a low estimate of $12.00. The average target implies an upside of 34.80% from the current price of $11.56. More detailed estimate data can be found on the Hayward Holdings Inc (HAYW) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Hayward Holdings Inc's (HAYW, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hayward Holdings Inc (HAYW, Financial) in one year is $13.20, suggesting a upside of 14.19% from the current price of $11.56. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hayward Holdings Inc (HAYW) Summary page.
