Published On: Wed, Oct 19th, 2016

Analyst Coverage: Aerohive Networks, Inc. (NYSE:HIVE)


Recently stock market analysts have updated their consensus ratings on shares of Aerohive Networks, Inc. (NYSE:HIVE).

Most recent broker ratings

10/14/2016 – Aerohive Networks, Inc. was downgraded to “neutral” by analysts at Buckingham Research. They now have a USD 5 price target on the stock.

10/14/2016 – Aerohive Networks, Inc. had its “neutral” rating reiterated by analysts at Goldman Sachs. They now have a USD 6 price target on the stock.

10/14/2016 – Aerohive Networks, Inc. was downgraded to “hold” by analysts at Wunderlich. They now have a USD 5 price target on the stock.

08/04/2016 – Aerohive Networks, Inc. had its “overweight” rating reiterated by analysts at Piper Jaffray. They now have a USD 7.5 price target on the stock.

02/05/2016 – Aerohive Networks, Inc. had its “underperform” rating reiterated by analysts at Bank of America Merrill Lynch. They now have a USD 6 price target on the stock.

08/06/2015 – Aerohive Networks, Inc. had its “buy” rating reiterated by analysts at Dougherty & Co. They now have a USD 10 price target on the stock.

07/06/2015 – Aerohive Networks, Inc. had its “market outperform” rating reiterated by analysts at JMP Securities. They now have a USD 10 price target on the stock.

06/03/2015 – Citigroup began new coverage on Aerohive Networks, Inc. giving the company a “neutral” rating.

05/21/2015 – Aerohive Networks, Inc. had its “outperform” rating reiterated by analysts at William Blair.

04/14/2015 – Aerohive Networks, Inc. was downgraded to “equal-weight” by analysts at Stephens. They now have a USD 5 price target on the stock.

02/19/2015 – Aerohive Networks, Inc. was downgraded to “underperform” by analysts at Zacks. They now have a USD 4.2 price target on the stock.

11/21/2014 – Aerohive Networks, Inc. was downgraded to “neutral” by analysts at Macquarie.

11/06/2014 – Aerohive Networks, Inc. had its “outperform” rating reiterated by analysts at Pacific Crest. They now have a USD 8 price target on the stock.

09/12/2014 – Morgan Stanley began new coverage on Aerohive Networks, Inc. giving the company a “equal weight” rating.

Aerohive Networks, Inc. has a 50 day moving average of 6.10 and a 200 day moving average of 6.35. The stock’s market capitalization is 231.11M, it has a 52-week low of 4.08 and a 52-week high of 7.48.

The share price of the company (NYSE:HIVE) was down -0.75%, with a high of 5.41during the day and the volume of Aerohive Networks, Inc. shares traded was 270565.

Aerohive Networks, Inc., together with its subsidiaries, is engaged in designing and development of a cloud-managed mobile networking platform that enables enterprises to deploy a mobile-centric network edge. The Company’s portfolio of products and solutions is built around sets of technologies and capabilities, which include Enterprise Cloud Networking, Wireless Fidelity (Wi-Fi) Connectivity and Application and Insights. The Company conducts its business in the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). Its product portfolio includes hardware products, cloud-based network management and applications, and support services. Its hardware products include access points, branch routers and access switches. Its hardware products are developed by its hardware design team working in conjunction with original design manufacturer (ODM) partners, and leverage the commercially available Wi-Fi radios, network processors, crypto accelerators and switching chips.