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 29.09% upside from HE’s last price of $11.62) 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 29.09% upside from HE's last price of $11.62.
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% | 20.48% |
| Aug 05, 2024 | Michael Lonegan | Evercore ISI | $16.00 | $16.06 | -0.37% | 37.69% |
| Jan 10, 2023 | - | Wells Fargo | $42.00 | $41.81 | 0.45% | 261.45% |
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 20.48% increase from HE last price ($11.62).
Hawaiian Electric Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 2 |
| Avg Price Target | $14.00 | $15.00 | $15.00 |
| Last Closing Price | $11.62 | $11.62 | $11.62 |
| Upside/Downside | 20.48% | 29.09% | 29.09% |
In the current month, the average price target of Hawaiian Electric Industries stock is $14.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 20.48% increase as opposed to Hawaiian Electric Industries's last price of $11.62. This month's average price target is down -6.67% compared to last quarter, and down -6.67% 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $895.68M | $928.24M | $1.02B | $1.04B | - | $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 | $761.65M | $768.05M |
| Avg Forecast | $999.89M | $982.02M | $964.47M | $947.24M | $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 | $795.50M | $793.65M |
| High Forecast | $999.89M | $982.02M | $964.47M | $947.24M | $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 | $954.60M | $952.38M |
| Low Forecast | $999.89M | $982.02M | $964.47M | $947.24M | $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 | $636.40M | $634.92M |
| # Analysts | - | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.23% | 0.88% | 1.40% | - | 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% | 0.96% | 0.97% |
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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $175.88M | $99.10M | $93.90M | $103.15M | - | $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 | $150.46M | $163.20M |
| Avg Forecast | $170.22M | $167.18M | $164.19M | $161.26M | $197.67M | $156.14M | $155.15M | $138.75M | $71.19M | $146.13M | $143.92M | $126.13M | $197.94M | $217.26M | $114.46M | $114.67M | $131.42M | $171.75M | $90.60M | $75.10M | $100.40M | $146.40M | $160.71M | $172.82M | $143.11M | $176.15M | $161.61M | $131.80M | $156.87M | $168.47M |
| High Forecast | $170.22M | $167.18M | $164.19M | $161.26M | $197.67M | $156.14M | $155.15M | $166.50M | $71.19M | $146.13M | $143.92M | $151.36M | $197.94M | $260.71M | $114.46M | $137.60M | $157.70M | $206.10M | $108.73M | $90.12M | $120.48M | $175.68M | $192.85M | $207.39M | $171.73M | $211.38M | $193.94M | $158.17M | $188.24M | $202.16M |
| Low Forecast | $170.22M | $167.18M | $164.19M | $161.26M | $197.67M | $156.14M | $155.15M | $111.00M | $71.19M | $146.13M | $143.92M | $100.91M | $197.94M | $173.81M | $114.46M | $91.73M | $105.14M | $137.40M | $72.48M | $60.08M | $80.32M | $117.12M | $128.57M | $138.26M | $114.49M | $140.92M | $129.29M | $105.44M | $125.49M | $134.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.22% | 0.79% | 0.47% | 0.47% | - | 0.88% | 1.24% | 0.98% | 1.92% | 2.34% | 1.55% | 1.19% | 0.97% | 0.76% | 1.21% | 0.97% | 0.90% | 1.12% | 0.96% | 0.97% |
1 analysts predict HE's average Quarter EBITDA for Sep 23 to be $146.13M, with a high of $146.13M and a low of $146.13M. This is -16.91% 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $55.08M | $55.19M | $57.82M | $62.55M | - | $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 | $50.05M | $66.37M |
| Avg Forecast | $88.24M | $95.96M | $71.70M | $45.22M | $55.15M | $62.87M | $54.05M | $52.67M | $54.05M | $59.20M | $58.46M | $47.88M | $60.67M | $82.19M | $56.90M | $43.52M | $44.52M | $64.97M | $33.53M | $27.73M | $32.97M | $55.23M | $50.69M | $44.44M | $55.19M | $66.02M | $47.87M | $41.30M | $52.18M | $68.51M |
| High Forecast | $88.24M | $95.96M | $71.70M | $45.22M | $55.15M | $62.87M | $54.05M | $63.20M | $54.05M | $59.20M | $58.46M | $57.45M | $60.67M | $98.62M | $56.90M | $52.23M | $53.42M | $77.96M | $40.23M | $33.28M | $39.57M | $66.27M | $60.83M | $53.32M | $66.22M | $79.22M | $57.44M | $49.56M | $62.61M | $82.21M |
| Low Forecast | $88.24M | $95.96M | $71.70M | $45.22M | $55.15M | $62.87M | $54.05M | $42.13M | $54.05M | $59.20M | $58.46M | $38.30M | $60.67M | $65.75M | $56.90M | $34.82M | $35.62M | $51.98M | $26.82M | $22.19M | $26.38M | $44.18M | $40.56M | $35.55M | $44.15M | $52.82M | $38.30M | $33.04M | $41.74M | $54.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.15% | 0.95% | 0.76% | - | 1.60% | 1.24% | 0.98% | 1.92% | 2.34% | 1.55% | 1.19% | 0.97% | 0.76% | 1.21% | 0.97% | 0.90% | 1.12% | 0.96% | 0.97% |
Hawaiian Electric Industries's average Quarter net income forecast for Sep 23 is $59.20M, with a range of $59.20M to $59.20M. HE's average Quarter net income forecast represents a 7.47% 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $-1.15M | $-1.15M | $-883.00K | $-1.04M | - | $-1.24M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $-460.93K | $-452.69K | $-444.60K | $-436.66K | $-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 | $-366.71K | $-365.86K |
| High Forecast | $-460.93K | $-452.69K | $-444.60K | $-436.66K | $-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 | $-293.37K | $-292.69K |
| Low Forecast | $-460.93K | $-452.69K | $-444.60K | $-436.66K | $-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 | $-440.05K | $-439.03K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 2.96% | 3.31% | 1.65% | 3.02% | - | 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.50 | $0.50 | $0.52 | $0.57 | - | $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 | $0.46 | $0.61 |
| Avg Forecast | $0.80 | $0.87 | $0.65 | $0.41 | $0.50 | $0.57 | $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 | $0.49 | $0.64 |
| High Forecast | $0.80 | $0.87 | $0.65 | $0.41 | $0.50 | $0.57 | $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 | $0.59 | $0.77 |
| Low Forecast | $0.80 | $0.87 | $0.65 | $0.41 | $0.50 | $0.57 | $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 | $0.51 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.94% | 0.95% | 1.06% | - | 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% | 0.94% | 0.95% |
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 | $11.62 | $15.00 | 29.09% | Hold |
| CNP | CenterPoint Energy | $27.93 | $30.55 | 9.38% | Hold |
| OGE | OGE Energy | $40.97 | $44.50 | 8.62% | Buy |
| AEE | Ameren | $83.99 | $89.73 | 6.83% | Buy |
| PNM | PNM Resources | $41.77 | $44.50 | 6.54% | Buy |
| DTE | DTE Energy Company | $125.95 | $133.92 | 6.33% | Buy |
| POR | Portland General Electric Company | $48.59 | $49.88 | 2.65% | Buy |
| LNT | Alliant Energy | $59.65 | $61.00 | 2.26% | Buy |
| EVRG | Evergy | $61.06 | $61.33 | 0.44% | Buy |
| IDA | IDACORP | $103.51 | $102.00 | -1.46% | Hold |
| ETR | Entergy | $127.09 | $119.63 | -5.87% | Buy |
| CMS | CMS Energy | $70.09 | $65.85 | -6.05% | Buy |
| PNW | Pinnacle West Capital | $90.70 | $72.67 | -19.88% | Buy |
| MGEE | MGE Energy | $90.60 | $71.00 | -21.63% | Sell |
HE Forecast FAQ
Is Hawaiian Electric Industries a good buy?
No, according to 1 Wall Street analysts, Hawaiian Electric Industries (HE) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of HE's total ratings.
What is HE's price target?
Hawaiian Electric Industries (HE) average price target is $15 with a range of $14 to $16, implying a 29.09% from its last price of $11.62. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Hawaiian Electric Industries stock go up soon?
According to Wall Street analysts' prediction for HE stock, the company can go up by 29.09% (from the last price of $11.62 to the average price target of $15), up by 37.69% based on the highest stock price target, and up by 20.48% based on the lowest stock price target.
Can Hawaiian Electric Industries stock reach $20?
HE's average twelve months analyst stock price target of $15 does not support the claim that Hawaiian Electric Industries can reach $20 in the near future.
What is Hawaiian Electric Industries's current price target trend?
1 Wall Street analyst forecast a $14 price target for Hawaiian Electric Industries (HE) this month, up 20.48% from its last price of $11.62. Compared to the last 3 and 12 months, the average price target increased by 29.09% and increased by 29.09%, respectively.
What are Hawaiian Electric Industries's analysts' financial forecasts?
Hawaiian Electric Industries's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.93B (high $3.93B, low $3.93B), average EBITDA is $647.7M (high $675.45M, low $619.95M), average net income is $224.74M (high $235.27M, low $214.2M), average SG&A $-1.813M (high $-1.813M, low $-1.813M), and average EPS is $2.1 (high $2.1, low $2.1). HE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.89B (high $3.89B, low $3.89B), average EBITDA is $662.86M (high $662.86M, low $662.86M), average net income is $301.13M (high $301.13M, low $301.13M), average SG&A $-1.795M (high $-1.795M, low $-1.795M), and average EPS is $2.73 (high $2.73, low $2.73).
Did the HE's actual financial results beat the analysts' financial forecasts?
Based on Hawaiian Electric Industries's last annual report (Dec 2022), the company's revenue was $3.74B, beating the average analysts forecast of $3.32B by 12.83%. Apple's EBITDA was $680.32M, beating the average prediction of $644.33M by 5.59%. The company's net income was $243.03M, missing the average estimation of $243.27M by -0.10%. Apple's SG&A was $-4.411M, beating the average forecast of $-1.529M by 188.52%. Lastly, the company's EPS was $2.2, beating the average prediction of $2.05 by 7.32%. In terms of the last quarterly report (Jun 2023), Hawaiian Electric Industries's revenue was $895.68M, beating the average analysts' forecast of $845.37M by 5.95%. The company's EBITDA was $175.88M, beating the average prediction of $143.92M by 22.21%. Hawaiian Electric Industries's net income was $55.08M, missing the average estimation of $58.46M by -5.78%. The company's SG&A was $-1.153M, beating the average forecast of $-390K by 195.87%. Lastly, the company's EPS was $0.5, missing the average prediction of $0.53 by -5.66%