Hawaiian Electric Industries (HE) Stock Forecast, Price Target & Predictions
HE Stock Forecast
Hawaiian Electric Industries stock forecast is as follows: an average price target of $15.00 (represents a 51.82% upside from HE’s last price of $9.88) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
HE Price Target
The average price target for Hawaiian Electric Industries (HE) is $15.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $14.00. This represents a potential 51.82% upside from HE's last price of $9.88.
HE Analyst Ratings
According to 1 Wall Street analysts, Hawaiian Electric Industries's rating consensus is 'Hold'. The analyst rating breakdown for HE stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Hawaiian Electric Industries Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 23, 2024 | Jonathan Reeder | Wells Fargo | $14.00 | $11.62 | 20.51% | 41.70% |
| Aug 05, 2024 | Michael Lonegan | Evercore ISI | $16.00 | $16.06 | -0.37% | 61.94% |
| Jan 10, 2023 | Wells Fargo | $42.00 | $41.81 | 0.45% | 325.10% |
The latest Hawaiian Electric Industries stock forecast, released on Aug 23, 2024 by Jonathan Reeder from Wells Fargo, set a price target of $14.00, which represents a 20.51% increase from the stock price at the time of the forecast ($11.62), and a 41.70% increase from HE last price ($9.88).
Hawaiian Electric Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $15.00 |
| Last Closing Price | $9.88 | $9.88 | $9.88 |
| Upside/Downside | -100.00% | -100.00% | 51.82% |
In the current month, the average price target of Hawaiian Electric Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hawaiian Electric Industries's last price of $9.88. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 23, 2024 | Wells Fargo | Underweight | Equal-Weight | Upgrade |
| Aug 12, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| May 28, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| Jan 22, 2024 | Wells Fargo | Underweight | Equal-Weight | Upgrade |
| Jan 10, 2023 | Wells Fargo | Underweight | Underweight | Hold |
Hawaiian Electric Industries's last stock rating was published by Wells Fargo on Aug 23, 2024. The company Upgrade its HE rating from "Underweight" to "Equal-Weight".
Hawaiian Electric Industries Financial Forecast
Hawaiian Electric Industries Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $895.68M | $928.24M | $1.02B | $1.04B | $895.61M | $785.07M | $770.27M | $756.90M | $680.26M | $642.95M | $652.22M | $641.43M |
| Avg Forecast | $1.19B | $1.17B | $1.14B | $1.12B | $1.10B | $1.08B | $1.06B | $1.05B | $1.03B | $1.01B | $990.54M | $972.84M | $1.16B | $917.15M | $911.33M | $943.44M | $418.16M | $858.36M | $845.37M | $755.82M | $1.16B | $745.51M | $672.33M | $735.96M | $681.34M | $781.97M | $686.33M | $589.68M | $981.90M | $785.04M |
| High Forecast | $1.19B | $1.17B | $1.14B | $1.12B | $1.10B | $1.08B | $1.06B | $1.05B | $1.03B | $1.01B | $990.54M | $972.84M | $1.16B | $917.15M | $911.33M | $943.44M | $418.16M | $858.36M | $845.37M | $755.82M | $1.16B | $745.51M | $672.33M | $735.96M | $681.34M | $781.97M | $686.33M | $589.68M | $981.90M | $785.04M |
| Low Forecast | $1.19B | $1.17B | $1.14B | $1.12B | $1.10B | $1.08B | $1.06B | $1.05B | $1.03B | $1.01B | $990.54M | $972.84M | $1.16B | $917.15M | $911.33M | $943.44M | $418.16M | $858.36M | $845.37M | $755.82M | $1.16B | $745.51M | $672.33M | $735.96M | $681.34M | $781.97M | $686.33M | $589.68M | $981.90M | $785.04M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.23% | 0.88% | 1.40% | 1.33% | 1.07% | 1.13% | 0.97% | 0.99% | 1.09% | 0.66% | 0.82% |
Hawaiian Electric Industries's average Quarter revenue forecast for Sep 23 based on 1 analysts is $858.36M, with a low forecast of $858.36M, and a high forecast of $858.36M. HE's average Quarter revenue forecast represents a -4.17% decrease compared to the company's last Quarter revenue of $895.68M (Jun 23).
Hawaiian Electric Industries EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $175.88M | $99.10M | $93.90M | $103.15M | $160.75M | $100.52M | $162.34M | $168.88M | $173.89M | $175.56M | $155.17M | $173.64M |
| Avg Forecast | $237.21M | $232.97M | $228.81M | $224.72M | $220.70M | $216.76M | $212.88M | $209.08M | $205.34M | $201.67M | $198.07M | $194.53M | $232.18M | $183.40M | $182.23M | $138.75M | $83.62M | $171.64M | $169.04M | $126.13M | $144.56M | $126.92M | $114.46M | $114.67M | $115.99M | $133.12M | $116.84M | $75.10M | $167.16M | $133.65M |
| High Forecast | $237.21M | $232.97M | $228.81M | $224.72M | $220.70M | $216.76M | $212.88M | $209.08M | $205.34M | $201.67M | $198.07M | $194.53M | $232.18M | $183.40M | $182.23M | $166.50M | $83.62M | $171.64M | $169.04M | $151.36M | $173.48M | $126.92M | $114.46M | $137.60M | $115.99M | $133.12M | $116.84M | $90.12M | $167.16M | $133.65M |
| Low Forecast | $237.21M | $232.97M | $228.81M | $224.72M | $220.70M | $216.76M | $212.88M | $209.08M | $205.34M | $201.67M | $198.07M | $194.53M | $232.18M | $183.40M | $182.23M | $111.00M | $83.62M | $171.64M | $169.04M | $100.91M | $115.65M | $126.92M | $114.46M | $91.73M | $115.99M | $133.12M | $116.84M | $60.08M | $167.16M | $133.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.79% | 0.65% | 0.81% | 1.40% | 0.88% | 1.40% | 1.27% | 1.49% | 2.34% | 0.93% | 1.30% |
1 analysts predict HE's average Quarter EBITDA for Sep 23 to be $171.64M, with a high of $171.64M and a low of $171.64M. This is -2.41% lower than Hawaiian Electric Industries's previous annual EBITDA (Jun 23) of $175.88M.
Hawaiian Electric Industries Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $55.08M | $55.19M | $57.82M | $62.55M | $53.01M | $69.64M | $54.99M | $63.89M | $64.34M | $64.83M | $50.96M | $65.50M |
| Avg Forecast | $-298.10M | $119.25M | $227.57M | $326.42M | $-311.88M | $115.83M | $227.92M | $314.76M | $38.05M | $36.41M | $34.89M | $36.74M | $40.03M | $60.04M | $56.04M | $52.67M | $56.04M | $61.37M | $60.61M | $47.88M | $48.97M | $59.56M | $56.81M | $43.52M | $46.05M | $65.31M | $53.59M | $27.73M | $39.48M | $54.32M |
| High Forecast | $-298.10M | $119.25M | $227.57M | $326.42M | $-311.88M | $115.83M | $227.92M | $314.76M | $38.05M | $36.41M | $34.89M | $36.74M | $40.03M | $62.61M | $56.04M | $63.20M | $56.04M | $61.37M | $60.61M | $57.45M | $58.77M | $59.56M | $56.81M | $52.23M | $46.05M | $65.31M | $53.59M | $33.28M | $39.48M | $54.32M |
| Low Forecast | $-298.10M | $119.25M | $227.57M | $326.42M | $-311.88M | $115.83M | $227.92M | $314.76M | $38.05M | $36.41M | $34.89M | $36.74M | $40.03M | $57.46M | $56.04M | $42.13M | $56.04M | $61.37M | $60.61M | $38.30M | $39.18M | $59.56M | $56.81M | $34.82M | $46.05M | $65.31M | $53.59M | $22.19M | $39.48M | $54.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.15% | 1.18% | 1.05% | 0.93% | 1.60% | 1.19% | 0.98% | 1.20% | 2.34% | 1.29% | 1.21% |
Hawaiian Electric Industries's average Quarter net income forecast for Sep 23 is $61.37M, with a range of $61.37M to $61.37M. HE's average Quarter net income forecast represents a 11.42% increase compared to the company's last Quarter net income of $55.08M (Jun 23).
Hawaiian Electric Industries SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.15M | $-1.15M | $-883.00K | $-1.04M | $-1.25M | $-1.24M | - | - | - | - | - | - |
| Avg Forecast | $-546.84K | $-537.07K | $-527.47K | $-518.05K | $-508.79K | $-499.70K | $-490.77K | $-482.00K | $-473.39K | $-464.93K | $-456.62K | $-448.46K | $-535.24K | $-422.79K | $-420.11K | $-434.91K | $-192.76K | $-395.69K | $-389.70K | $-348.42K | $-535.98K | $-343.66K | $-309.93K | $-339.26K | $-314.08K | $-360.47K | $-316.38K | $-271.83K | $-452.63K | $-361.89K |
| High Forecast | $-546.84K | $-537.07K | $-527.47K | $-518.05K | $-508.79K | $-499.70K | $-490.77K | $-482.00K | $-473.39K | $-464.93K | $-456.62K | $-448.46K | $-535.24K | $-422.79K | $-420.11K | $-434.91K | $-192.76K | $-395.69K | $-389.70K | $-348.42K | $-535.98K | $-343.66K | $-309.93K | $-339.26K | $-314.08K | $-360.47K | $-316.38K | $-271.83K | $-452.63K | $-361.89K |
| Low Forecast | $-546.84K | $-537.07K | $-527.47K | $-518.05K | $-508.79K | $-499.70K | $-490.77K | $-482.00K | $-473.39K | $-464.93K | $-456.62K | $-448.46K | $-535.24K | $-422.79K | $-420.11K | $-434.91K | $-192.76K | $-395.69K | $-389.70K | $-348.42K | $-535.98K | $-343.66K | $-309.93K | $-339.26K | $-314.08K | $-360.47K | $-316.38K | $-271.83K | $-452.63K | $-361.89K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.96% | 3.31% | 1.65% | 3.02% | 4.02% | 3.66% | - | - | - | - | - | - |
Hawaiian Electric Industries's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to HE last annual SG&A of $NaN (undefined).
Hawaiian Electric Industries EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.50 | $0.50 | $0.52 | $0.57 | $0.48 | $0.63 | $0.50 | $0.58 | $0.58 | $0.59 | $0.46 | $0.60 |
| Avg Forecast | $-2.61 | $1.04 | $1.99 | $2.85 | $-2.73 | $1.01 | $1.99 | $2.75 | $0.33 | $0.32 | $0.31 | $0.32 | $0.35 | $0.53 | $0.49 | $0.54 | $0.49 | $0.54 | $0.53 | $0.53 | $0.55 | $0.54 | $0.52 | $0.45 | $0.42 | $0.59 | $0.49 | $0.38 | $0.36 | $0.49 |
| High Forecast | $-2.61 | $1.04 | $1.99 | $2.85 | $-2.73 | $1.01 | $1.99 | $2.75 | $0.33 | $0.32 | $0.31 | $0.32 | $0.35 | $0.55 | $0.49 | $0.54 | $0.49 | $0.54 | $0.53 | $0.53 | $0.55 | $0.54 | $0.52 | $0.45 | $0.42 | $0.59 | $0.49 | $0.38 | $0.36 | $0.49 |
| Low Forecast | $-2.61 | $1.04 | $1.99 | $2.85 | $-2.73 | $1.01 | $1.99 | $2.75 | $0.33 | $0.32 | $0.31 | $0.32 | $0.35 | $0.50 | $0.49 | $0.54 | $0.49 | $0.54 | $0.53 | $0.53 | $0.55 | $0.54 | $0.52 | $0.45 | $0.42 | $0.59 | $0.49 | $0.38 | $0.36 | $0.49 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.94% | 0.95% | 1.06% | 0.93% | 1.42% | 1.20% | 0.98% | 1.19% | 1.54% | 1.29% | 1.22% |
According to 1 Wall Street analysts, Hawaiian Electric Industries's projected average Quarter EPS for Sep 23 is $0.54, with a low estimate of $0.54 and a high estimate of $0.54. This represents a 7.33% increase compared to HE previous annual EPS of $0.50 (Jun 23).
Hawaiian Electric Industries Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ETR | Entergy | $74.84 | $140.25 | 87.40% | Buy |
| HE | Hawaiian Electric Industries | $10.18 | $15.00 | 47.35% | Hold |
| DTE | DTE Energy Company | $120.70 | $137.29 | 13.74% | Buy |
| POR | Portland General Electric Company | $44.49 | $49.60 | 11.49% | Buy |
| EVRG | Evergy | $61.50 | $68.50 | 11.38% | Buy |
| CMS | CMS Energy | $67.04 | $73.40 | 9.49% | Buy |
| LNT | Alliant Energy | $59.57 | $63.14 | 5.99% | Buy |
| PNW | Pinnacle West Capital | $86.10 | $90.67 | 5.31% | Buy |
| AEE | Ameren | $88.68 | $90.00 | 1.49% | Buy |
| CNP | CenterPoint Energy | $31.71 | $32.00 | 0.91% | Hold |
| IDA | IDACORP | $112.12 | $110.50 | -1.44% | Hold |
| OGE | OGE Energy | $41.78 | $39.00 | -6.65% | Buy |
| MGEE | MGE Energy | $95.75 | $71.00 | -25.85% | Sell |