Hess Midstream LP (HESM) Stock Forecast, Price Target & Predictions
HESM Stock Forecast
Hess Midstream LP stock forecast is as follows: an average price target of $34.33 (represents a -5.17% downside from HESM’s last price of $36.20) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
HESM Price Target
The average price target for Hess Midstream LP (HESM) is $34.33 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $34.00. This represents a potential -5.17% downside from HESM's last price of $36.20.
HESM Analyst Ratings
According to 5 Wall Street analysts, Hess Midstream LP's rating consensus is 'Hold'. The analyst rating breakdown for HESM stock is 0 'Strong Buy' (0.00%), 2 'Buy' (40.00%), 3 'Hold' (60.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Hess Midstream LP Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 09, 2022 | Citigroup | $34.00 | $28.78 | 18.14% | -6.08% | |
| Apr 28, 2022 | Wells Fargo | $34.00 | $30.30 | 12.21% | -6.08% | |
| Apr 26, 2022 | Morgan Stanley | $35.00 | $30.29 | 15.55% | -3.31% |
The latest Hess Midstream LP stock forecast, released on Dec 09, 2022 by Citigroup company, set a price target of $34.00, which represents a 18.14% increase from the stock price at the time of the forecast ($28.78), and a -6.08% decrease from HESM last price ($36.20).
Hess Midstream LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $36.20 | $36.20 | $36.20 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Hess Midstream LP stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hess Midstream LP's last price of $36.20. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 01, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 03, 2024 | UBS | Buy | Buy | Hold |
| Jul 12, 2023 | Citigroup | Buy | Buy | Hold |
| Jan 09, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Dec 09, 2022 | Citigroup | Buy | Initialise | |
| Apr 28, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 26, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Apr 26, 2022 | Zacks Investment Research | Hold | Upgrade |
Hess Midstream LP's last stock rating was published by Wells Fargo on Aug 01, 2024. The company gave HESM a "Equal-Weight" rating, the same as its previous rate.
Hess Midstream LP Financial Forecast
Hess Midstream LP 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $361.30M | $324.00M | $305.00M | $314.60M | $334.80M | $313.40M | $312.40M | $316.30M | $303.90M | $294.80M | $288.80M | $266.50M | $264.80M |
| Avg Forecast | $530.27M | $530.04M | $515.90M | $502.27M | $482.89M | $475.40M | $457.13M | $442.32M | $433.30M | $423.87M | $411.25M | $398.72M | $390.41M | $376.98M | $365.16M | $354.25M | $358.86M | $342.49M | $322.43M | $311.79M | $327.86M | $317.03M | $308.41M | $307.70M | $302.75M | $291.08M | $294.19M | $302.72M | $269.30M | $262.95M |
| High Forecast | $531.86M | $531.64M | $517.45M | $503.78M | $484.34M | $476.83M | $458.50M | $443.65M | $434.60M | $425.14M | $412.49M | $398.74M | $391.07M | $378.60M | $365.16M | $354.25M | $360.95M | $345.07M | $323.40M | $312.72M | $328.85M | $317.03M | $308.41M | $307.70M | $302.75M | $291.08M | $294.19M | $302.72M | $269.30M | $262.95M |
| Low Forecast | $528.95M | $528.72M | $514.61M | $501.01M | $481.68M | $474.21M | $455.99M | $441.22M | $432.21M | $422.81M | $410.23M | $398.69M | $389.75M | $375.36M | $365.16M | $354.25M | $356.78M | $337.49M | $321.63M | $311.01M | $327.04M | $317.03M | $308.41M | $307.70M | $302.75M | $291.08M | $294.19M | $302.72M | $269.30M | $262.95M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.00% | 0.98% | 0.96% | 1.06% | 1.02% | 1.02% | 1.04% | 1.04% | 1.00% | 0.95% | 0.99% | 1.01% |
Hess Midstream LP's average Quarter revenue forecast for Dec 23 based on 2 analysts is $358.86M, with a low forecast of $356.78M, and a high forecast of $360.95M. HESM's average Quarter revenue forecast represents a -0.67% decrease compared to the company's last Quarter revenue of $361.30M (Sep 23).
Hess Midstream LP 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 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $222.00M | $199.80M | $190.30M | $197.50M | $206.80M | $196.30M | $195.90M | $97.20M | $82.50M | $77.90M | $74.40M | $72.10M | $70.10M |
| Avg Forecast | $379.86M | $379.70M | $369.56M | $359.80M | $345.92M | $340.56M | $327.47M | $316.86M | $310.39M | $303.64M | $294.60M | $285.62M | $279.67M | $270.05M | $261.59M | $124.91M | $257.07M | $245.34M | $230.97M | $113.55M | $116.47M | $197.12M | $191.77M | $103.23M | $188.24M | $180.99M | $182.92M | $72.63M | $167.44M | $163.50M |
| High Forecast | $381.00M | $380.84M | $370.67M | $360.88M | $346.96M | $341.58M | $328.45M | $317.81M | $311.32M | $304.55M | $295.49M | $285.64M | $280.15M | $271.21M | $261.59M | $149.89M | $258.57M | $247.19M | $231.67M | $136.26M | $139.76M | $197.12M | $191.77M | $123.88M | $188.24M | $180.99M | $182.92M | $87.15M | $167.44M | $163.50M |
| Low Forecast | $378.91M | $378.75M | $368.64M | $358.90M | $345.05M | $339.70M | $326.65M | $316.07M | $309.62M | $302.88M | $293.87M | $285.60M | $279.20M | $268.89M | $261.59M | $99.93M | $255.58M | $241.76M | $230.40M | $90.84M | $93.17M | $197.12M | $191.77M | $82.58M | $188.24M | $180.99M | $182.92M | $58.10M | $167.44M | $163.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.87% | 1.68% | 1.70% | 1.05% | 1.02% | 1.90% | 0.52% | 0.46% | 0.43% | 1.02% | 0.43% | 0.43% |
2 analysts predict HESM's average Quarter EBITDA for Dec 23 to be $257.07M, with a high of $258.57M and a low of $255.58M. This is 15.80% upper than Hess Midstream LP's previous annual EBITDA (Sep 23) of $222.00M.
Hess Midstream LP 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 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.30M | $25.10M | $142.20M | $149.80M | $159.40M | $151.80M | $159.60M | $165.10M | $9.90M | $11.00M | $8.60M | $6.60M | $5.60M |
| Avg Forecast | $48.36M | $48.36M | $46.50M | $48.36M | $85.08M | $80.50M | $76.86M | $75.89M | $73.83M | $74.66M | $71.37M | $68.89M | $62.48M | $61.14M | $58.95M | $21.63M | $58.32M | $53.58M | $44.54M | $19.66M | $20.25M | $43.99M | $41.65M | $17.88M | $49.50M | $31.24M | $34.55M | $8.40M | $28.55M | $27.89M |
| High Forecast | $48.55M | $48.55M | $46.68M | $48.55M | $85.41M | $80.81M | $77.15M | $76.19M | $74.12M | $74.95M | $71.64M | $82.01M | $74.78M | $61.35M | $58.95M | $25.95M | $63.18M | $62.35M | $44.71M | $23.59M | $24.30M | $43.99M | $41.65M | $21.45M | $49.50M | $31.24M | $34.55M | $10.07M | $28.55M | $27.89M |
| Low Forecast | $48.20M | $48.20M | $46.35M | $48.20M | $84.80M | $80.24M | $76.61M | $75.65M | $73.59M | $74.42M | $71.13M | $48.12M | $44.05M | $60.93M | $58.94M | $17.30M | $50.54M | $41.89M | $44.39M | $15.73M | $16.20M | $43.99M | $41.65M | $14.30M | $49.50M | $31.24M | $34.55M | $6.72M | $28.55M | $27.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 0.56% | 7.23% | 7.40% | 3.62% | 3.64% | 8.93% | 3.34% | 0.32% | 0.32% | 1.02% | 0.23% | 0.20% |
Hess Midstream LP's average Quarter net income forecast for Dec 23 is $58.32M, with a range of $50.54M to $63.18M. HESM's average Quarter net income forecast represents a 65.21% increase compared to the company's last Quarter net income of $35.30M (Sep 23).
Hess Midstream LP 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 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.00M | $5.80M | $6.40M | $6.10M | $5.70M | $5.30M | $6.00M | $6.10M | $5.10M | $5.20M | $6.30M | $71.80M | $88.10M |
| Avg Forecast | $14.58M | $14.58M | $14.19M | $13.81M | $13.28M | $13.07M | $12.57M | $12.16M | $11.92M | $11.66M | $11.31M | $10.96M | $10.74M | $10.37M | $10.04M | $7.68M | $9.87M | $9.42M | $8.87M | $6.98M | $7.31M | $8.72M | $8.48M | $6.35M | $8.33M | $8.00M | $8.09M | $6.15M | $7.41M | $7.23M |
| High Forecast | $14.63M | $14.62M | $14.23M | $13.85M | $13.32M | $13.11M | $12.61M | $12.20M | $11.95M | $11.69M | $11.34M | $10.96M | $10.75M | $10.41M | $10.04M | $9.21M | $9.93M | $9.49M | $8.89M | $8.38M | $8.77M | $8.72M | $8.48M | $7.62M | $8.33M | $8.00M | $8.09M | $7.38M | $7.41M | $7.23M |
| Low Forecast | $14.55M | $14.54M | $14.15M | $13.78M | $13.25M | $13.04M | $12.54M | $12.13M | $11.89M | $11.63M | $11.28M | $10.96M | $10.72M | $10.32M | $10.04M | $6.14M | $9.81M | $9.28M | $8.84M | $5.58M | $5.85M | $8.72M | $8.48M | $5.08M | $8.33M | $8.00M | $8.09M | $4.92M | $7.41M | $7.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 0.65% | 0.92% | 0.83% | 0.65% | 0.62% | 0.95% | 0.73% | 0.64% | 0.64% | 1.02% | 9.70% | 12.18% |
Hess Midstream LP's average Quarter SG&A projection for Dec 23 is $9.87M, based on 2 Wall Street analysts, with a range of $9.81M to $9.93M. The forecast indicates a 64.47% rise compared to HESM last annual SG&A of $6.00M (Sep 23).
Hess Midstream LP 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 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.57 | $0.50 | $3.23 | $3.40 | $3.62 | $3.47 | $4.74 | $6.60 | $0.39 | $0.44 | $0.45 | $0.36 | $0.31 |
| Avg Forecast | $0.52 | $0.52 | $0.50 | $0.52 | $0.91 | $0.87 | $0.83 | $0.82 | $0.79 | $0.80 | $0.77 | $0.74 | $0.67 | $0.66 | $0.63 | $0.64 | $0.63 | $0.58 | $0.48 | $0.51 | $0.54 | $0.52 | $0.50 | $0.52 | $0.59 | $0.37 | $0.41 | $0.40 | $0.34 | $0.33 |
| High Forecast | $0.52 | $0.52 | $0.50 | $0.52 | $0.92 | $0.87 | $0.83 | $0.82 | $0.80 | $0.81 | $0.77 | $0.88 | $0.80 | $0.66 | $0.63 | $0.64 | $0.68 | $0.67 | $0.48 | $0.51 | $0.55 | $0.52 | $0.50 | $0.52 | $0.59 | $0.37 | $0.41 | $0.40 | $0.34 | $0.33 |
| Low Forecast | $0.52 | $0.52 | $0.50 | $0.52 | $0.91 | $0.86 | $0.82 | $0.81 | $0.79 | $0.80 | $0.76 | $0.52 | $0.47 | $0.66 | $0.63 | $0.64 | $0.54 | $0.45 | $0.48 | $0.51 | $0.54 | $0.52 | $0.50 | $0.52 | $0.59 | $0.37 | $0.41 | $0.40 | $0.34 | $0.33 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.04% | 6.31% | 6.25% | 6.90% | 6.98% | 9.15% | 11.17% | 1.05% | 1.07% | 1.13% | 1.06% | 0.93% |
According to 2 Wall Street analysts, Hess Midstream LP's projected average Quarter EPS for Dec 23 is $0.63, with a low estimate of $0.54 and a high estimate of $0.68. This represents a 10.02% increase compared to HESM previous annual EPS of $0.57 (Sep 23).
Hess Midstream LP Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GEL | Genesis Energy | $10.31 | $13.00 | 26.09% | Buy |
| PAA | Plains All American Pipeline | $17.44 | $20.00 | 14.68% | Hold |
| EPD | Enterprise Products Partners | $31.29 | $35.33 | 12.91% | Buy |
| ET | Energy Transfer LP | $18.64 | $21.00 | 12.66% | Buy |
| ENLC | EnLink Midstream | $14.32 | $15.20 | 6.15% | Hold |
| WES | Western Midstream Partners, LP | $39.22 | $40.00 | 1.99% | Hold |
| AM | Antero Midstream | $14.78 | $14.50 | -1.89% | Buy |
| MPLX | MPLX LP | $47.70 | $46.00 | -3.56% | Buy |
| HESM | Hess Midstream LP | $36.04 | $34.33 | -4.74% | Hold |