Federated Hermes (FHI) Stock Forecast, Price Target & Predictions
FHI Stock Forecast
Federated Hermes stock forecast is as follows: an average price target of $34.17 (represents a -17.20% downside from FHI’s last price of $41.27) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
FHI Price Target
The average price target for Federated Hermes (FHI) is $34.17 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $41.00 to $25.50. This represents a potential -17.20% downside from FHI's last price of $41.27.
FHI Analyst Ratings
According to 5 Wall Street analysts, Federated Hermes's rating consensus is 'Buy'. The analyst rating breakdown for FHI stock is 0 'Strong Buy' (0.00%), 2 'Buy' (40.00%), 2 'Hold' (40.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).
Federated Hermes Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 11, 2024 | Kenneth Lee | RBC Capital | $36.00 | $36.01 | -0.03% | -12.77% |
| Apr 05, 2024 | Brian Bedell | Deutsche Bank | $41.00 | $36.00 | 13.89% | -0.65% |
| Nov 15, 2022 | - | Deutsche Bank | $41.00 | $35.91 | 14.19% | -0.65% |
| May 19, 2022 | - | Deutsche Bank | $37.00 | $32.18 | 14.98% | -10.35% |
| May 02, 2022 | - | Citigroup | $25.50 | $28.48 | -10.46% | -38.21% |
The latest Federated Hermes stock forecast, released on Oct 11, 2024 by Kenneth Lee from RBC Capital, set a price target of $36.00, which represents a -0.03% decrease from the stock price at the time of the forecast ($36.01), and a -12.77% decrease from FHI last price ($41.27).
Federated Hermes Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $36.00 | $38.50 |
| Last Closing Price | $41.27 | $41.27 | $41.27 |
| Upside/Downside | -100.00% | -12.77% | -6.71% |
In the current month, the average price target of Federated Hermes stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Federated Hermes's last price of $41.27. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 11, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 29, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 08, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Apr 08, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Apr 05, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Nov 15, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Jun 28, 2022 | Keefe, Bruyette & Woods | - | Outperform | Upgrade |
| May 19, 2022 | Deutsche Bank | Buy | Buy | Hold |
| May 02, 2022 | Citigroup | Sell | Sell | Hold |
| Feb 18, 2022 | Deutsche Bank | Buy | Buy | Hold |
Federated Hermes's last stock rating was published by RBC Capital on Oct 11, 2024. The company gave FHI a "Sector Perform" rating, the same as its previous rate.
Federated Hermes Financial Forecast
Federated Hermes Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $402.66M | $433.23M | $382.19M | $373.90M | $381.14M | $366.01M | $324.76M | $321.64M | $326.59M | $311.04M | $341.17M | $363.92M | $364.45M | $360.71M | $359.18M | $358.02M | $340.34M |
| Avg Forecast | $445.69M | $440.78M | $435.87M | $429.24M | $434.75M | $428.35M | $422.31M | $416.26M | $421.33M | $410.26M | $400.35M | $400.26M | $396.97M | $400.43M | $395.23M | $386.71M | $383.65M | $376.92M | $364.89M | $337.62M | $337.98M | $335.62M | $314.40M | $341.18M | $354.07M | $354.91M | $353.34M | $359.30M | $353.18M | $333.91M |
| High Forecast | $455.54M | $450.52M | $445.50M | $438.73M | $444.36M | $437.82M | $431.64M | $426.08M | $430.75M | $412.02M | $400.35M | $400.26M | $401.92M | $406.90M | $403.96M | $395.26M | $392.12M | $376.92M | $364.89M | $337.62M | $337.98M | $335.62M | $314.40M | $341.18M | $354.07M | $354.91M | $353.34M | $359.30M | $353.18M | $333.91M |
| Low Forecast | $436.35M | $431.54M | $426.73M | $420.24M | $425.64M | $419.37M | $413.46M | $410.47M | $415.18M | $408.50M | $400.35M | $400.26M | $393.81M | $393.55M | $386.94M | $378.60M | $375.61M | $376.92M | $364.89M | $337.62M | $337.98M | $335.62M | $314.40M | $341.18M | $354.07M | $354.91M | $353.34M | $359.30M | $353.18M | $333.91M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.10% | 0.99% | 0.97% | 1.01% | 1.00% | 0.96% | 0.95% | 0.97% | 0.99% | 1.00% | 1.03% | 1.03% | 1.02% | 1.00% | 1.01% | 1.02% |
Federated Hermes's average Quarter revenue forecast for Dec 23 based on 4 analysts is $396.97M, with a low forecast of $393.81M, and a high forecast of $401.92M. FHI's average Quarter revenue forecast represents a -1.41% decrease compared to the company's last Quarter revenue of $402.66M (Sep 23).
Federated Hermes EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $101.42M | $101.79M | $81.31M | $63.94M | $104.31M | $114.98M | $95.77M | $96.56M | $102.60M | $98.41M | $106.72M | $131.04M | $126.50M | $115.64M | $94.46M | $116.51M | $104.11M |
| Avg Forecast | $129.07M | $127.65M | $126.22M | $124.30M | $125.90M | $124.05M | $122.30M | $120.55M | $122.01M | $118.81M | $115.94M | $106.70M | $114.96M | $115.96M | $114.45M | $97.00M | $106.22M | $97.94M | $94.81M | $88.18M | $87.82M | $87.21M | $81.69M | $110.82M | $92.00M | $92.22M | $91.81M | $103.90M | $91.77M | $86.76M |
| High Forecast | $131.92M | $130.47M | $129.01M | $127.05M | $128.68M | $126.79M | $125.00M | $123.39M | $124.74M | $119.32M | $115.94M | $128.04M | $116.39M | $117.83M | $116.98M | $116.40M | $127.46M | $97.94M | $94.81M | $105.82M | $87.82M | $87.21M | $81.69M | $132.99M | $92.00M | $92.22M | $91.81M | $124.68M | $91.77M | $86.76M |
| Low Forecast | $126.36M | $124.97M | $123.58M | $121.70M | $123.26M | $121.45M | $119.73M | $118.87M | $120.23M | $118.30M | $115.94M | $85.36M | $114.05M | $113.97M | $112.06M | $77.60M | $84.98M | $97.94M | $94.81M | $70.55M | $87.82M | $87.21M | $81.69M | $88.66M | $92.00M | $92.22M | $91.81M | $83.12M | $91.77M | $86.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.89% | 0.84% | 0.60% | 1.07% | 1.21% | 1.09% | 1.10% | 1.18% | 1.20% | 0.96% | 1.42% | 1.37% | 1.26% | 0.91% | 1.27% | 1.20% |
4 analysts predict FHI's average Quarter EBITDA for Dec 23 to be $114.96M, with a high of $116.39M and a low of $114.05M. This is 13.34% upper than Federated Hermes's previous annual EBITDA (Sep 23) of $101.42M.
Federated Hermes Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-26.64B | $72.17M | $69.60M | $56.50M | $69.48M | $57.66M | $55.86M | $71.00M | $71.36M | $55.88M | $74.48M | $95.17M | $85.82M | $81.20M | $64.18M | $82.11M | $72.96M |
| Avg Forecast | $83.44M | $85.19M | $81.61M | $80.43M | $82.42M | $82.79M | $77.87M | $75.12M | $76.75M | $72.71M | $69.48M | $73.65M | $66.32M | $65.95M | $64.59M | $66.95M | $75.42M | $55.35M | $53.30M | $60.87M | $56.54M | $57.53M | $53.19M | $77.35M | $63.48M | $57.35M | $50.72M | $70.60M | $55.92M | $51.97M |
| High Forecast | $85.84M | $87.63M | $83.95M | $82.74M | $84.79M | $85.16M | $80.11M | $82.09M | $87.03M | $73.33M | $69.57M | $88.38M | $67.90M | $69.87M | $66.44M | $80.34M | $90.50M | $55.35M | $53.30M | $73.04M | $56.54M | $57.53M | $53.19M | $92.82M | $63.48M | $57.35M | $50.72M | $84.71M | $55.92M | $51.97M |
| Low Forecast | $81.16M | $82.86M | $79.38M | $78.24M | $80.17M | $80.53M | $75.75M | $71.25M | $67.25M | $72.09M | $69.39M | $58.92M | $64.74M | $62.81M | $62.83M | $53.56M | $60.34M | $55.35M | $53.30M | $48.69M | $56.54M | $57.53M | $53.19M | $61.88M | $63.48M | $57.35M | $50.72M | $56.48M | $55.92M | $51.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -403.93% | 1.12% | 1.04% | 0.75% | 1.26% | 1.08% | 0.92% | 1.26% | 1.24% | 1.05% | 0.96% | 1.50% | 1.50% | 1.60% | 0.91% | 1.47% | 1.40% |
Federated Hermes's average Quarter net income forecast for Sep 23 is $65.95M, with a range of $62.81M to $69.87M. FHI's average Quarter net income forecast represents a -8.63% decrease compared to the company's last Quarter net income of $72.17M (Jun 23).
Federated Hermes SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $109.44M | $154.77M | $149.97M | $145.24M | $145.07M | $135.24M | $97.37M | $98.72M | $88.66M | $88.79M | $91.98M | $103.73M | $117.97M | $131.60M | $144.25M | $140.56M | $131.23M |
| Avg Forecast | $155.98M | $154.26M | $152.54M | $150.22M | $152.15M | $149.91M | $147.80M | $145.68M | $147.45M | $143.58M | $140.11M | $128.37M | $138.93M | $140.14M | $138.32M | $116.70M | $108.60M | $131.19M | $127.00M | $106.09M | $117.64M | $116.81M | $109.43M | $95.52M | $123.24M | $123.53M | $122.98M | $158.67M | $122.93M | $116.22M |
| High Forecast | $159.43M | $157.67M | $155.91M | $153.54M | $155.51M | $153.22M | $151.06M | $149.12M | $150.75M | $144.20M | $140.11M | $154.05M | $140.66M | $142.40M | $141.37M | $140.04M | $130.31M | $131.19M | $127.00M | $127.31M | $117.64M | $116.81M | $109.43M | $114.62M | $123.24M | $123.53M | $122.98M | $190.41M | $122.93M | $116.22M |
| Low Forecast | $152.71M | $151.03M | $149.34M | $147.07M | $148.96M | $146.77M | $144.70M | $143.65M | $145.30M | $142.96M | $140.11M | $102.70M | $137.82M | $137.73M | $135.42M | $93.36M | $86.88M | $131.19M | $127.00M | $84.87M | $117.64M | $116.81M | $109.43M | $76.41M | $123.24M | $123.53M | $122.98M | $126.94M | $122.93M | $116.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 1.12% | 1.29% | 1.34% | 1.11% | 1.06% | 0.92% | 0.84% | 0.76% | 0.81% | 0.96% | 0.84% | 0.95% | 1.07% | 0.91% | 1.14% | 1.13% |
Federated Hermes's average Quarter SG&A projection for Dec 23 is $138.93M, based on 4 Wall Street analysts, with a range of $137.82M to $140.66M. The forecast indicates a 26.94% rise compared to FHI last annual SG&A of $109.44M (Sep 23).
Federated Hermes EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.86 | $0.81 | $0.78 | $0.63 | $0.78 | $0.64 | $0.61 | $0.77 | $0.73 | $0.57 | $0.75 | $0.94 | $0.86 | $0.81 | $0.63 | $0.81 | $0.72 |
| Avg Forecast | $1.06 | $1.08 | $1.04 | $1.02 | $1.05 | $1.05 | $0.99 | $0.95 | $0.98 | $0.92 | $0.88 | $0.89 | $0.84 | $0.84 | $0.82 | $0.73 | $0.75 | $0.69 | $0.67 | $0.67 | $0.71 | $0.72 | $0.66 | $0.78 | $0.79 | $0.72 | $0.63 | $0.69 | $0.70 | $0.65 |
| High Forecast | $1.09 | $1.11 | $1.07 | $1.05 | $1.08 | $1.08 | $1.02 | $1.04 | $1.11 | $0.93 | $0.88 | $0.89 | $0.86 | $0.89 | $0.84 | $0.75 | $0.77 | $0.69 | $0.67 | $0.67 | $0.71 | $0.72 | $0.66 | $0.78 | $0.79 | $0.72 | $0.63 | $0.69 | $0.70 | $0.65 |
| Low Forecast | $1.03 | $1.05 | $1.01 | $0.99 | $1.02 | $1.02 | $0.96 | $0.91 | $0.85 | $0.92 | $0.88 | $0.89 | $0.82 | $0.80 | $0.80 | $0.71 | $0.73 | $0.69 | $0.67 | $0.67 | $0.71 | $0.72 | $0.66 | $0.78 | $0.79 | $0.72 | $0.63 | $0.69 | $0.70 | $0.65 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.99% | 1.06% | 0.84% | 1.13% | 0.96% | 0.92% | 1.09% | 1.02% | 0.86% | 0.96% | 1.19% | 1.20% | 1.28% | 0.91% | 1.16% | 1.11% |
According to 4 Wall Street analysts, Federated Hermes's projected average Quarter EPS for Dec 23 is $0.84, with a low estimate of $0.82 and a high estimate of $0.86. This represents a -2.02% decrease compared to FHI previous annual EPS of $0.86 (Sep 23).