Harley-Davidson (HOG) Stock Forecast, Price Target & Predictions


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HOG Stock Forecast


Harley-Davidson stock forecast is as follows: an average price target of $47.00 (represents a 21.01% upside from HOG’s last price of $38.84) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.

HOG Price Target


The average price target for Harley-Davidson (HOG) is $47.00 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $57.00 to $39.00. This represents a potential 21.01% upside from HOG's last price of $38.84.

HOG Analyst Ratings


Hold

According to 12 Wall Street analysts, Harley-Davidson's rating consensus is 'Hold'. The analyst rating breakdown for HOG stock is 0 'Strong Buy' (0.00%), 4 'Buy' (33.33%), 6 'Hold' (50.00%), 2 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).

Harley-Davidson Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 23, 2024Robin FarleyUBS$40.00$38.085.04%2.99%
Apr 29, 2024Jim CorridoreArgus Research$40.00$34.7515.11%2.99%
Apr 23, 2024Megan AlexanderMorgan Stanley$50.00$38.9928.24%28.73%
Apr 22, 2024Robin FarleyUBS$39.00$38.990.03%0.41%
Apr 11, 2024Brandon RolleD.A. Davidson$49.00$41.3418.53%26.16%
Apr 03, 2024Gerrick JohnsonBMO Capital$50.00$43.0916.04%28.73%
Mar 15, 2023Anna GlaessgenJefferies$39.00$39.37-0.94%0.41%
Feb 06, 2023-D.A. Davidson$47.00$50.49-6.91%21.01%
Feb 06, 2023-Citigroup$52.00$50.732.51%33.88%
Dec 22, 2022-D.A. Davidson$44.00$41.266.64%13.29%
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The latest Harley-Davidson stock forecast, released on Aug 23, 2024 by Robin Farley from UBS, set a price target of $40.00, which represents a 5.04% increase from the stock price at the time of the forecast ($38.08), and a 2.99% increase from HOG last price ($38.84).

Harley-Davidson Price Target by Period


1M3M12M
# Anlaysts116
Avg Price Target$40.00$40.00$44.67
Last Closing Price$38.84$38.84$38.84
Upside/Downside2.99%2.99%15.01%

In the current month, the average price target of Harley-Davidson stock is $40.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 2.99% increase as opposed to Harley-Davidson's last price of $38.84. This month's average price target is down 0.00% compared to last quarter, and down -10.45% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 23, 2024CitigroupUnderperformUnderperformHold
Aug 23, 2024UBSNeutralNeutralHold
Jul 02, 2024Morgan StanleyBuyBuyHold
Jun 12, 2024CitigroupNeutralNeutralHold
Apr 22, 2024UBSNeutralNeutralHold
Apr 15, 2024CitigroupNeutralNeutralHold
Apr 03, 2024BMO CapitalOutperformOutperformHold
Oct 10, 2023CitigroupNeutralNeutralHold
Jul 21, 2023Wells Fargo-Equal-WeightDowngrade
Jul 21, 2023BTIG-BuyUpgrade
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Harley-Davidson's last stock rating was published by Citigroup on Aug 23, 2024. The company gave HOG a "Underperform" rating, the same as its previous rate.

Harley-Davidson Financial Forecast


Harley-Davidson Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$1.55B$1.45B$1.79B$1.14B$1.65B-$1.50B$1.02B$1.37B$1.53B$1.42B$725.22M$1.17B$865.23M$1.30B$1.07B$1.27B
Avg Forecast$807.01M$1.31B$1.21B$1.57B$709.17M$1.09B$1.38B$1.48B$690.34M$999.46M$1.29B$1.35B$878.17M$1.36B$1.32B$1.36B$917.81M$1.36B$1.22B$1.31B$668.58M$1.14B$1.39B$1.26B$772.94M$844.16M$760.64M$1.04B$922.43M$1.04B
High Forecast$882.19M$1.43B$1.32B$1.71B$775.22M$1.19B$1.50B$1.62B$754.64M$1.05B$1.41B$1.48B$895.72M$1.42B$1.44B$1.48B$1.00B$1.48B$1.22B$1.46B$742.87M$1.27B$1.55B$1.40B$858.83M$937.98M$845.17M$1.16B$1.02B$1.15B
Low Forecast$763.24M$1.23B$1.14B$1.48B$670.70M$1.03B$1.30B$1.40B$652.89M$978.43M$1.22B$1.28B$859.12M$1.29B$1.25B$1.28B$868.02M$1.28B$1.22B$1.18B$603.59M$1.03B$1.26B$1.14B$697.81M$762.11M$686.71M$939.26M$832.77M$936.64M
# Analysts33454522373241099884455585510744
Surprise %-------------1.14%1.10%1.32%1.24%1.22%-1.14%1.52%1.20%1.10%1.13%0.94%1.38%1.14%1.25%1.16%1.23%

Harley-Davidson's average Quarter revenue forecast for Dec 23 based on 4 analysts is $878.17M, with a low forecast of $859.12M, and a high forecast of $895.72M. HOG's average Quarter revenue forecast represents a -43.31% decrease compared to the company's last Quarter revenue of $1.55B (Sep 23).

Harley-Davidson EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454522373241099884455585510744
EBITDA-------------$236.10M$228.56M$369.61M$3.40M$338.72M-$288.98M$56.01M$246.43M$324.88M$388.07M$-71.80M$185.31M$-62.16M$149.75M$79.38M$174.27M
Avg Forecast$103.39M$167.21M$154.41M$200.58M$90.86M$139.05M$176.21M$189.39M$88.45M$128.05M$164.71M$347.16M$112.51M$173.70M$168.77M$315.60M$117.59M$149.09M$156.44M$337.54M$12.00M$135.54M$294.66M$265.10M$-442.38M$285.91M$-951.03M$146.34M$79.38M$164.21M
High Forecast$113.03M$182.79M$168.79M$219.27M$99.32M$152.00M$192.62M$207.03M$96.68M$134.39M$180.06M$416.59M$114.76M$181.55M$184.49M$378.72M$128.54M$178.91M$156.44M$405.05M$14.40M$162.64M$353.59M$318.12M$-353.90M$343.10M$-760.83M$175.61M$95.26M$197.06M
Low Forecast$97.79M$158.14M$146.03M$189.70M$85.93M$131.51M$166.65M$179.12M$83.65M$125.36M$155.78M$277.73M$110.07M$165.78M$159.62M$252.48M$111.21M$119.27M$156.44M$270.03M$9.60M$108.43M$235.73M$212.08M$-530.86M$228.73M$-1.14B$117.08M$63.50M$131.37M
Surprise %-------------1.36%1.35%1.17%0.03%2.27%-0.86%4.67%1.82%1.10%1.46%0.16%0.65%0.07%1.02%1.00%1.06%

4 analysts predict HOG's average Quarter EBITDA for Dec 23 to be $112.51M, with a high of $114.76M and a low of $110.07M. This is -52.35% lower than Harley-Davidson's previous annual EBITDA (Sep 23) of $236.10M.

Harley-Davidson Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454522373241099884455585510744
Net Income-------------$198.65M$178.04M$304.09M$41.87M$261.19M-$222.50M$21.57M$162.97M$206.34M$259.14M$-96.40M$120.22M$-92.22M$69.69M$13.50M$86.56M
Avg Forecast$24.46M$184.59M$163.77M$273.82M$10.51M$154.23M$220.39M$243.41M$-3.10M$121.13M$188.37M$228.84M$5.07M$181.77M$166.43M$208.04M$9.45M$98.60M$146.64M$222.50M$46.69M$89.64M$187.15M$177.03M$-593.96M$185.48M$-1.41B$68.11M$13.50M$81.57M
High Forecast$27.42M$206.94M$183.61M$306.98M$11.78M$172.90M$247.07M$272.88M$-2.88M$137.70M$211.19M$274.61M$29.18M$203.16M$186.59M$249.65M$10.60M$118.32M$146.64M$267.00M$56.03M$107.56M$224.57M$212.43M$-475.17M$222.58M$-1.13B$81.73M$16.20M$97.88M
Low Forecast$22.74M$171.57M$152.22M$254.51M$9.76M$143.35M$204.84M$226.24M$-3.47M$103.28M$175.09M$183.07M$-17.76M$144.35M$154.70M$166.43M$8.79M$78.88M$146.64M$178.00M$37.35M$71.71M$149.72M$141.62M$-712.75M$148.38M$-1.69B$54.49M$10.80M$65.26M
Surprise %-------------1.09%1.07%1.46%4.43%2.65%-1.00%0.46%1.82%1.10%1.46%0.16%0.65%0.07%1.02%1.00%1.06%

Harley-Davidson's average Quarter net income forecast for Dec 23 is $5.07M, with a range of $-17.76M to $29.18M. HOG's average Quarter net income forecast represents a -97.45% decrease compared to the company's last Quarter net income of $198.65M (Sep 23).

Harley-Davidson SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454522373241099884455585510744
SG&A-------------$261.87M$252.18M$247.10M$306.79M$232.54M-$204.89M$300.51M$254.31M$261.51M$231.84M$316.57M$231.72M$224.37M$277.97M$313.78M$309.03M
Avg Forecast$145.84M$235.86M$217.79M$282.93M$128.16M$196.13M$248.54M$267.14M$124.75M$180.62M$232.33M$246.45M$158.70M$245.00M$238.06M$224.05M$165.86M$153.86M$220.66M$239.63M$561.51M$139.87M$237.18M$158.38M$139.68M$357.51M$137.46M$271.65M$313.78M$291.20M
High Forecast$159.42M$257.83M$238.08M$309.28M$140.09M$214.40M$271.69M$292.02M$136.38M$189.56M$253.97M$295.75M$161.87M$256.08M$260.23M$268.86M$181.31M$184.63M$220.66M$287.55M$673.82M$167.85M$284.62M$190.05M$155.20M$429.01M$152.74M$325.98M$376.54M$349.44M
Low Forecast$137.93M$223.06M$205.98M$267.58M$121.21M$185.49M$235.06M$252.65M$117.99M$176.82M$219.73M$197.16M$155.26M$233.83M$225.14M$179.24M$156.87M$123.09M$220.66M$191.70M$449.21M$111.90M$189.75M$126.70M$126.10M$286.01M$124.10M$217.32M$251.03M$232.96M
Surprise %-------------1.07%1.06%1.10%1.85%1.51%-0.86%0.54%1.82%1.10%1.46%2.27%0.65%1.63%1.02%1.00%1.06%

Harley-Davidson's average Quarter SG&A projection for Dec 23 is $158.70M, based on 4 Wall Street analysts, with a range of $155.26M to $161.87M. The forecast indicates a -39.40% fall compared to HOG last annual SG&A of $261.87M (Sep 23).

Harley-Davidson EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454522373241099884455585510744
EPS-------------$1.40$1.24$2.08$0.29$1.79-$1.46$0.14$1.06$1.34$1.69$-0.63$0.78$-0.60$0.46$0.09$0.55
Avg Forecast$0.18$1.38$1.22$2.04$0.08$1.15$1.64$1.81$-0.02$0.90$1.40$1.51$0.04$1.36$1.24$1.39$0.07$1.40$1.07$1.45$-0.34$0.77$1.21$0.90$0.21$0.28$0.11$0.58$0.24$0.66
High Forecast$0.20$1.54$1.37$2.29$0.09$1.29$1.84$2.03$-0.02$1.03$1.57$1.69$0.22$1.51$1.39$1.56$0.08$1.57$1.07$1.66$-0.30$0.89$1.38$1.03$0.24$0.32$0.13$0.66$0.27$0.76
Low Forecast$0.17$1.28$1.14$1.90$0.07$1.07$1.53$1.69$-0.03$0.77$1.31$1.40$-0.13$1.08$1.15$1.29$0.07$1.30$1.07$1.27$-0.39$0.68$1.06$0.79$0.18$0.24$0.10$0.51$0.21$0.58
Surprise %-------------1.03%1.00%1.49%4.11%1.28%-1.00%-0.41%1.37%1.11%1.88%-2.98%2.83%-5.46%0.79%0.38%0.83%

According to 4 Wall Street analysts, Harley-Davidson's projected average Quarter EPS for Dec 23 is $0.04, with a low estimate of $-0.13 and a high estimate of $0.22. This represents a -97.30% decrease compared to HOG previous annual EPS of $1.40 (Sep 23).

HOG Forecast FAQ


No, according to 12 Wall Street analysts, Harley-Davidson (HOG) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 33.33% of HOG's total ratings.

Harley-Davidson (HOG) average price target is $47 with a range of $39 to $57, implying a 21.01% from its last price of $38.84. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for HOG stock, the company can go up by 21.01% (from the last price of $38.84 to the average price target of $47), up by 46.76% based on the highest stock price target, and up by 0.41% based on the lowest stock price target.

HOG's average twelve months analyst stock price target of $47 does not support the claim that Harley-Davidson can reach $60 in the near future.

1 Wall Street analyst forecast a $40 price target for Harley-Davidson (HOG) this month, up 2.99% from its last price of $38.84. Compared to the last 3 and 12 months, the average price target increased by 2.99% and increased by 15.01%, respectively.

Harley-Davidson's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.65B (high $5.08B, low $4.4B), average EBITDA is $595.51M (high $650.98M, low $563.2M), average net income is $628.52M (high $704.63M, low $584.2M), average SG&A $839.97M (high $918.21M, low $794.41M), and average EPS is $4.69 (high $5.25, low $4.36). HOG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.88B (high $5.34B, low $4.62B), average EBITDA is $625.6M (high $683.87M, low $591.66M), average net income is $646.65M (high $724.95M, low $601.05M), average SG&A $882.41M (high $964.61M, low $834.55M), and average EPS is $4.82 (high $5.41, low $4.48).

Based on Harley-Davidson's last annual report (Dec 2022), the company's revenue was $5.76B, beating the average analysts forecast of $4.81B by 19.72%. Apple's EBITDA was $908.19M, beating the average prediction of $760.66M by 19.40%. The company's net income was $741.41M, beating the average estimation of $477.19M by 55.37%. Apple's SG&A was $939.55M, beating the average forecast of $780M by 20.45%. Lastly, the company's EPS was $5.01, beating the average prediction of $3.99 by 25.50%. In terms of the last quarterly report (Sep 2023), Harley-Davidson's revenue was $1.55B, beating the average analysts' forecast of $1.36B by 14.26%. The company's EBITDA was $236.1M, beating the average prediction of $173.7M by 35.93%. Harley-Davidson's net income was $198.65M, beating the average estimation of $181.77M by 9.28%. The company's SG&A was $261.87M, beating the average forecast of $245M by 6.89%. Lastly, the company's EPS was $1.4, beating the average prediction of $1.36 by 3.29%