HYRECAR INC (HYRE) Forecast, Price Target & Analyst Ratings

NASDAQ:HYRE • US44916T1079

0.46 USD
-0.02 (-3.46%)
At close: Feb 2, 2023
0.48 USD
+0.02 (+4.35%)
After Hours: 2/2/2023, 8:03:32 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for HYRECAR INC (HYRE).

Forecast Snapshot

Consensus Price Target

Price Target
$5.44
+ 1,082.60% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateMar 13, 2023
PeriodQ4 / 2022
EPS Estimate-$0.18
Revenue Estimate11.141M
 → Full earnings forecast details

ChartMill Buy Consensus

Rating
84.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$5.44
Upside
+ 1,082.60%
From current price of $0.46 to mean target of $5.44, Based on 10 analyst forecasts
Low
$4.55
Median
$4.59
High
$7.35

Price Target Revisions

1 Month
12.28%
3 Months
-4.76%

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for HYRE. The average price target is 5.44 USD. This implies a price increase of 1082.6% is expected in the next year compared to the current price of 0.46.
The average price target has been revised downward by 4.76% in the past 3 months.
 → Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

HYRE Current Analyst RatingHYRE Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

HYRE Historical Analyst RatingsHYRE Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
84.00%
HYRE was analyzed by 10 analysts. The buy percentage consensus is at 84. So analysts seem to be very confident about HYRE.
In the previous month the buy percentage consensus was at a similar level.
HYRE was analyzed by 10 analysts. More opinions would make the average more meaningful.
 → Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-05-18Maxim GroupMaintains Buy
2021-11-10Ladenburg ThalmannUpgrade Neutral -> Buy
2021-11-10DA DavidsonMaintains Buy
2021-08-11Ladenburg ThalmannDowngrade Buy -> Neutral
2021-08-11DA DavidsonMaintains Buy
2021-07-22DA DavidsonInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release DateMar 13, 2023
PeriodQ4 / 2022
EPS Estimate-$0.18
Revenue Estimate11.141M
Revenue Q2Q16.56%
EPS Q2Q-28.72%
Number of Analysts6

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-3.47%
EPS (1 Month)
0.00%
EPS (3 Months)
-12.17%

Next Earnings Summary

HYRE is expected to report earnings on 3/13/2023. The consensus EPS estimate for the next earnings is -0.18 USD and the consensus revenue estimate is 11.14M USD.
The next earnings revenue estimate has been revised downward by 3.47% in the past 3 months.
 → Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023
Revenue
YoY % growth
HYRE revenue by date.HYRE revenue by date.
15.85M
62.07%		25.23M
59.18%		35.716M
41.56%		42.078M
17.81%		62.368M
48.22%
EBITDA
YoY % growth
HYRE ebitda by date.HYRE ebitda by date.
-12.62M
-37.77%		-15.17M
-20.21%		-27.9M
-83.92%		-15.574M
44.18%		-6.257M
59.82%
EBIT
YoY % growth
HYRE ebit by date.HYRE ebit by date.
-12.69M
-38.54%		-15.25M
-20.17%		-27.977M
-83.46%		-20.273M
27.54%		-11.444M
43.55%
Operating Margin
HYRE operating margin by date.HYRE operating margin by date.
-80.06%-60.44%-78.33%-48.18%-18.35%
EPS
YoY % growth
HYRE eps by date.HYRE eps by date.
-0.86
28.55%		-0.88
-2.33%		-1.25
-42.05%		-0.87
30.64%		-0.36
58.82%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 22
EPS
Q2Q % growth		-0.18
-28.72%
Revenue
Q2Q % growth		11.141M
16.56%
EBITDA
Q2Q % growth		-3.688M
29.20%
EBIT
Q2Q % growth		-4.857M
8.12%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

HYRE Yearly Revenue VS EstimatesHYRE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M
HYRE Yearly EPS VS EstimatesHYRE Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 -0.5 -1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

HYRECAR INC / HYRE Forecast FAQ

Can you provide the average price target for HYRECAR INC stock?

10 analysts have analysed HYRE and the average price target is 5.44 USD. This implies a price increase of 1082.6% is expected in the next year compared to the current price of 0.46.


What is the next earnings date for HYRE stock?

HYRECAR INC (HYRE) will report earnings on 2023-03-13, after the market close.


Can you provide the consensus estimates for HYRECAR INC next earnings?

The consensus EPS estimate for the next earnings of HYRECAR INC (HYRE) is -0.18 USD and the consensus revenue estimate is 11.14M USD.