Is Hubble on an upswing?
No, the price is below all 3 moving averages and is therefore in a downtrend.
The Hubble Forecast for 2023
Let's take a deeper look at the one-year forecast since it is the most precise of the analysts' forecasts.
Analysts had a wide range of forecasts for the Hubble price over the next year. The most optimistic predicted a 12-month price target of $0.69, implying an 87 percent raise, while the worst-case scenario would be $0.53.
The most recent average price target for the next year is $0.60, and it's the most crucial.
This means that Hubble has a potential -0.14% decrease in value for 2023.
HBB - Relative Strength Forecast
HBB - Trend Prediction
HBB - Price Volatility Prediction
HBB - Relative Strength
HBB - Momentum Forecast
What Does the Future Hold for Hubble?
Hubble's long-term prospects appear to be excellent. 3 analysts predicted that Hubble would reach $0.60 by March 2025. The Hubble price is expected to be $0.60 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.59.