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 52.44% upside from HE’s last price of $9.84) 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 52.44% upside from HE's last price of $9.84.
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% | 42.28% |
| Aug 05, 2024 | Michael Lonegan | Evercore ISI | $16.00 | $16.06 | -0.37% | 62.60% |
| Jan 10, 2023 | - | Wells Fargo | $42.00 | $41.81 | 0.45% | 326.83% |
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 42.28% increase from HE last price ($9.84).
Hawaiian Electric Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $14.00 | $15.00 |
| Last Closing Price | $9.84 | $9.84 | $9.84 |
| Upside/Downside | -100.00% | 42.28% | 52.44% |
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 $9.84. 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 |
|---|---|---|---|---|
| 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 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $608.95M | $677.19M | $725.97M | $771.53M | $715.49M | $661.62M | $645.87M | $591.56M |
| Avg Forecast | $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 | $639.66M | $686.36M | $758.90M | $814.36M | $670.62M | $563.95M | $663.36M | $534.35M |
| High Forecast | $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 | $639.66M | $686.36M | $758.90M | $814.36M | $670.62M | $563.95M | $796.03M | $641.22M |
| Low Forecast | $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 | $639.66M | $686.36M | $758.90M | $814.36M | $670.62M | $563.95M | $530.69M | $427.48M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 12 |
| 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% | 0.95% | 0.99% | 0.96% | 0.95% | 1.07% | 1.17% | 0.97% | 1.11% |
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 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 12 |
| 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 | $156.48M | $131.81M | $173.07M | $170.47M | $145.12M | $147.31M | $135.19M | $122.68M |
| Avg Forecast | $204.46M | $200.80M | $197.21M | $193.69M | $231.17M | $182.60M | $181.44M | $138.75M | $83.25M | $170.90M | $168.31M | $126.13M | $144.56M | $126.92M | $114.46M | $114.67M | $115.99M | $133.12M | $116.84M | $75.10M | $167.16M | $133.65M | $108.90M | $172.82M | $129.20M | $138.64M | $114.17M | $131.80M | $138.74M | $109.54M |
| High Forecast | $204.46M | $200.80M | $197.21M | $193.69M | $231.17M | $182.60M | $181.44M | $166.50M | $83.25M | $170.90M | $168.31M | $151.36M | $173.48M | $126.92M | $114.46M | $137.60M | $115.99M | $133.12M | $116.84M | $90.12M | $167.16M | $133.65M | $108.90M | $207.39M | $129.20M | $138.64M | $114.17M | $158.17M | $166.49M | $131.45M |
| Low Forecast | $204.46M | $200.80M | $197.21M | $193.69M | $231.17M | $182.60M | $181.44M | $111.00M | $83.25M | $170.90M | $168.31M | $100.91M | $115.65M | $126.92M | $114.46M | $91.73M | $115.99M | $133.12M | $116.84M | $60.08M | $167.16M | $133.65M | $108.90M | $138.26M | $129.20M | $138.64M | $114.17M | $105.44M | $110.99M | $87.63M |
| 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% | 1.44% | 0.76% | 1.34% | 1.23% | 1.27% | 1.12% | 0.97% | 1.12% |
1 analysts predict HE's average Quarter EBITDA for Sep 23 to be $170.90M, with a high of $170.90M and a low of $170.90M. This is -2.83% lower than Hawaiian Electric Industries's previous annual EBITDA (Jun 23) of $175.88M.
Hawaiian Electric Industries Net Income Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 12 |
| 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 | $49.36M | $33.89M | $66.74M | $63.89M | $42.98M | $46.16M | $40.72M | $34.67M |
| Avg Forecast | $91.49M | $99.49M | $74.33M | $46.89M | $35.45M | $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 | $39.86M | $44.44M | $56.66M | $65.88M | $48.36M | $41.30M | $41.79M | $30.95M |
| High Forecast | $91.49M | $99.49M | $74.33M | $46.89M | $35.45M | $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 | $39.86M | $53.32M | $56.66M | $65.88M | $48.36M | $49.56M | $50.15M | $37.14M |
| Low Forecast | $91.49M | $99.49M | $74.33M | $46.89M | $35.45M | $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 | $39.86M | $35.55M | $56.66M | $65.88M | $48.36M | $33.04M | $33.43M | $24.76M |
| 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% | 1.24% | 0.76% | 1.18% | 0.97% | 0.89% | 1.12% | 0.97% | 1.12% |
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 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $-1.15M | $-1.15M | $-883.00K | $-1.04M | $-1.25M | $-1.24M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $-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 | $-294.87K | $-316.40K | $-349.84K | $-375.40K | $-309.14K | $-259.97K | $-305.79K | $-246.32K |
| High Forecast | $-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 | $-294.87K | $-316.40K | $-349.84K | $-375.40K | $-309.14K | $-259.97K | $-244.63K | $-197.06K |
| Low Forecast | $-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 | $-294.87K | $-316.40K | $-349.84K | $-375.40K | $-309.14K | $-259.97K | $-366.95K | $-295.59K |
| 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 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 12 |
| 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 | $0.45 | $0.31 | $0.61 | $0.58 | $0.39 | $0.42 | $0.37 | $0.31 |
| Avg Forecast | $0.80 | $0.87 | $0.65 | $0.41 | $0.31 | $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 | $0.36 | $0.45 | $0.51 | $0.60 | $0.44 | $0.38 | $0.39 | $0.25 |
| High Forecast | $0.80 | $0.87 | $0.65 | $0.41 | $0.31 | $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 | $0.36 | $0.45 | $0.51 | $0.60 | $0.44 | $0.38 | $0.47 | $0.30 |
| Low Forecast | $0.80 | $0.87 | $0.65 | $0.41 | $0.31 | $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 | $0.36 | $0.45 | $0.51 | $0.60 | $0.44 | $0.38 | $0.31 | $0.20 |
| 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% | 1.25% | 0.68% | 1.19% | 0.97% | 0.89% | 1.09% | 0.95% | 1.24% |
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 |
|---|---|---|---|---|---|
| HE | Hawaiian Electric Industries | $9.84 | $15.00 | 52.44% | Hold |
| DTE | DTE Energy Company | $119.41 | $135.00 | 13.06% | Buy |
| POR | Portland General Electric Company | $45.89 | $50.33 | 9.68% | Buy |
| PNM | PNM Resources | $41.77 | $44.50 | 6.54% | Buy |
| LNT | Alliant Energy | $59.50 | $63.38 | 6.52% | Buy |
| OGE | OGE Energy | $41.80 | $44.50 | 6.46% | Buy |
| CNP | CenterPoint Energy | $29.98 | $31.00 | 3.40% | Hold |
| EVRG | Evergy | $62.80 | $64.25 | 2.31% | Buy |
| AEE | Ameren | $89.72 | $90.08 | 0.40% | Buy |
| CMS | CMS Energy | $67.41 | $67.50 | 0.13% | Buy |
| IDA | IDACORP | $116.74 | $107.00 | -8.34% | Hold |
| ETR | Entergy | $147.04 | $127.67 | -13.17% | Buy |
| PNW | Pinnacle West Capital | $90.86 | $75.89 | -16.48% | Buy |
| MGEE | MGE Energy | $105.70 | $71.00 | -32.83% | Sell |