Hershey Company (HSY) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

HSY Stock Forecast


Hershey Company stock forecast is as follows: an average price target of $207.58 (represents a 21.93% upside from HSY’s last price of $170.24) and a rating consensus of 'Hold', based on 20 wall street analysts offering a 1-year stock forecast.

HSY Price Target


The average price target for Hershey Company (HSY) is $207.58 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $269.00 to $129.11. This represents a potential 21.93% upside from HSY's last price of $170.24.

HSY Analyst Ratings


Hold

According to 20 Wall Street analysts, Hershey Company's rating consensus is 'Hold'. The analyst rating breakdown for HSY stock is 0 'Strong Buy' (0.00%), 8 'Buy' (40.00%), 10 'Hold' (50.00%), 2 'Sell' (10.00%), and 0 'Strong Sell' (0.00%).

Hershey Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 08, 2024Michael LaveryPiper Sandler$168.00$175.67-4.37%-1.32%
Nov 07, 2024Matthew SmithStifel Nicolaus$180.00$179.690.17%5.73%
Oct 23, 2024Michael LaveryPiper Sandler$165.00$183.47-10.07%-3.08%
Oct 22, 2024Arun SundaramCFRA$169.00$183.47-7.89%-0.73%
Oct 22, 2024Bingqing ZhuRedburn Partners$165.00$184.67-10.65%-3.08%
Sep 26, 2024Rob DickersonJefferies$163.00$191.00-14.66%-4.25%
Sep 24, 2024Andrew LazarBarclays$202.00$195.143.52%18.66%
Sep 17, 2024Michael LaveryPiper Sandler$179.00$201.31-11.08%5.15%
May 06, 2024Chris CareyWells Fargo$205.00$197.923.58%20.42%
May 05, 2024Thomas PalmerCoker Palmer$204.00$197.923.07%19.83%
Row per page
Go to

The latest Hershey Company stock forecast, released on Nov 08, 2024 by Michael Lavery from Piper Sandler, set a price target of $168.00, which represents a -4.37% decrease from the stock price at the time of the forecast ($175.67), and a -1.32% decrease from HSY last price ($170.24).

Hershey Company Price Target by Period


1M3M12M
# Anlaysts5813
Avg Price Target$169.40$173.88$187.08
Last Closing Price$170.24$170.24$170.24
Upside/Downside-0.49%2.14%9.89%

In the current month, the average price target of Hershey Company stock is $169.40, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a -0.49% decrease as opposed to Hershey Company's last price of $170.24. This month's average price target is down -2.58% compared to last quarter, and down -9.45% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 23, 2024Piper SandlerNeutralNeutralHold
Oct 22, 2024CFRA-CautiousDowngrade
Oct 07, 2024BernsteinOutperformMarket PerformDowngrade
Sep 17, 2024Piper SandlerNeutralNeutralHold
Aug 27, 2024CitigroupNeutralSellDowngrade
Aug 12, 2024Wells FargoSector PerformSector PerformHold
Aug 12, 2024Goldman SachsBuySellInitialise
Aug 02, 2024Cowen & Co.HoldHoldHold
May 05, 2024CitigroupNeutralNeutralHold
Apr 19, 2024Edward Jones-HoldDowngrade
Row per page
Go to

Hershey Company's last stock rating was published by Piper Sandler on Oct 23, 2024. The company gave HSY a "Neutral" rating, the same as its previous rate.

Hershey Company Financial Forecast


Hershey Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$3.03B$2.49M$2.99B$2.65B$2.73B$2.37B$2.67B$2.33B$2.36B$1.99B$2.30B$2.19B$2.22B$1.71B$2.04B$2.07B$2.13B
Avg Forecast$2.95B$3.12B$2.36B$3.30B$2.88B$3.08B$2.31B$3.17B$2.85B$3.08B$2.30B$3.11B$2.72B$2.95B$2.50B$2.91B$2.58B$2.62B$2.24B$2.48B$2.27B$2.33B$1.84B$2.11B$2.11B$2.18B$1.74B$2.08B$2.06B$2.12B
High Forecast$3.01B$3.18B$2.41B$3.37B$2.94B$3.14B$2.36B$3.20B$2.88B$3.10B$2.30B$3.11B$2.78B$3.01B$2.55B$2.97B$2.63B$2.62B$2.24B$2.48B$2.27B$2.33B$1.84B$2.11B$2.11B$2.18B$1.74B$2.08B$2.06B$2.12B
Low Forecast$2.89B$3.05B$2.31B$3.23B$2.82B$3.01B$2.26B$3.16B$2.80B$3.05B$2.30B$3.11B$2.66B$2.83B$2.45B$2.85B$2.52B$2.62B$2.24B$2.48B$2.27B$2.33B$1.84B$2.11B$2.11B$2.18B$1.74B$2.08B$2.06B$2.12B
# Analysts44443338108337158812131313777991599168
Surprise %-------------1.03%0.00%1.03%1.03%1.04%1.06%1.08%1.03%1.01%1.08%1.09%1.03%1.02%0.98%0.98%1.00%1.01%

Hershey Company's average Quarter revenue forecast for Dec 23 based on 7 analysts is $2.72B, with a low forecast of $2.66B, and a high forecast of $2.78B. HSY's average Quarter revenue forecast represents a -10.36% decrease compared to the company's last Quarter revenue of $3.03B (Sep 23).

Hershey Company EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443338108337158812131313777991599168
EBITDA-------------$735.95M$560.60K$797.75M$400.42M$646.63M$545.96M$814.84M$452.19M$630.38M$526.13M$628.07M$379.39M$675.75M$445.69M$445.83M$328.37M$518.32M
Avg Forecast$704.91M$745.52M$564.99M$788.49M$689.51M$735.73M$552.08M$758.21M$680.70M$735.44M$550.80M$621.16M$649.43M$705.47M$597.20M$564.69M$472.69M$577.46M$493.79M$513.36M$429.72M$513.01M$405.31M$465.70M$466.16M$480.43M$383.97M$466.69M$454.79M$468.37M
High Forecast$719.48M$760.93M$576.66M$804.78M$703.76M$750.93M$563.49M$765.57M$687.82M$741.20M$550.80M$745.39M$663.76M$719.07M$609.55M$677.63M$567.23M$577.46M$493.79M$616.03M$515.66M$513.01M$405.31M$465.70M$466.16M$480.43M$383.97M$560.02M$454.79M$468.37M
Low Forecast$690.23M$730.00M$553.22M$772.07M$675.15M$720.41M$540.59M$755.75M$668.84M$729.68M$550.80M$496.93M$635.10M$675.76M$584.77M$451.75M$378.15M$577.46M$493.79M$410.68M$343.77M$513.01M$405.31M$465.70M$466.16M$480.43M$383.97M$373.35M$454.79M$468.37M
Surprise %-------------1.04%0.00%1.41%0.85%1.12%1.11%1.59%1.05%1.23%1.30%1.35%0.81%1.41%1.16%0.96%0.72%1.11%

7 analysts predict HSY's average Quarter EBITDA for Dec 23 to be $649.43M, with a high of $663.76M and a low of $635.10M. This is -11.76% lower than Hershey Company's previous annual EBITDA (Sep 23) of $735.95M.

Hershey Company Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443338108337158812131313777991599168
Net Income-------------$518.58M$406.90K$587.18M$396.30M$399.49M$315.56M$533.48M$339.79M$444.93M$301.23M$395.80M$291.39M$447.28M$268.90M$271.14M$207.19M$325.31M
Avg Forecast$456.17M$479.97M$287.60M$554.15M$423.80M$439.62M$265.80M$516.40M$483.81M$519.41M$291.74M$377.77M$396.08M$498.62M$388.40M$343.42M$350.77M$426.90M$343.19M$312.20M$318.88M$406.72M$289.32M$365.28M$289.64M$353.33M$227.37M$283.82M$252.26M$325.62M
High Forecast$468.42M$492.87M$295.33M$569.04M$435.19M$451.44M$272.94M$543.69M$493.98M$538.97M$301.32M$453.32M$414.36M$527.11M$398.84M$412.11M$420.92M$426.90M$343.19M$374.64M$382.66M$406.72M$289.32M$365.28M$289.64M$353.33M$227.37M$340.59M$252.26M$325.62M
Low Forecast$443.82M$466.98M$279.82M$539.16M$412.33M$427.73M$258.60M$487.01M$477.71M$499.84M$282.16M$302.21M$373.74M$486.41M$377.89M$274.74M$280.62M$426.90M$343.19M$249.76M$255.11M$406.72M$289.32M$365.28M$289.64M$353.33M$227.37M$227.06M$252.26M$325.62M
Surprise %-------------1.04%0.00%1.71%1.13%0.94%0.92%1.71%1.07%1.09%1.04%1.08%1.01%1.27%1.18%0.96%0.82%1.00%

Hershey Company's average Quarter net income forecast for Dec 23 is $396.08M, with a range of $373.74M to $414.36M. HSY's average Quarter net income forecast represents a -23.62% decrease compared to the company's last Quarter net income of $518.58M (Sep 23).

Hershey Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443338108337158812131313777991599168
SG&A-------------$624.30M$571.80K$581.59M$616.45M$551.88M$543.47M$524.22M$552.92M$486.14M$467.63M$494.67M$537.98M$468.61M$408.95M$475.38M$517.20M$481.36M
Avg Forecast$663.21M$701.42M$531.56M$741.84M$648.72M$692.20M$519.42M$713.35M$640.43M$691.93M$518.21M$649.69M$611.01M$663.73M$561.87M$590.62M$577.99M$589.74M$504.29M$536.93M$525.44M$523.92M$413.93M$475.60M$476.07M$490.65M$392.13M$488.12M$464.47M$478.33M
High Forecast$676.91M$715.91M$542.55M$757.17M$662.12M$706.51M$530.15M$720.28M$647.12M$697.35M$518.21M$779.62M$624.49M$676.53M$573.48M$708.75M$693.59M$589.74M$504.29M$644.32M$630.53M$523.92M$413.93M$475.60M$476.07M$490.65M$392.13M$585.74M$464.47M$478.33M
Low Forecast$649.40M$686.81M$520.49M$726.39M$635.21M$677.79M$508.60M$711.04M$629.27M$686.51M$518.21M$519.75M$597.53M$635.78M$550.18M$472.50M$462.39M$589.74M$504.29M$429.54M$420.36M$523.92M$413.93M$475.60M$476.07M$490.65M$392.13M$390.49M$464.47M$478.33M
Surprise %-------------0.94%0.00%0.98%1.07%0.94%1.08%0.98%1.05%0.93%1.13%1.04%1.13%0.96%1.04%0.97%1.11%1.01%

Hershey Company's average Quarter SG&A projection for Dec 23 is $611.01M, based on 7 Wall Street analysts, with a range of $597.53M to $624.49M. The forecast indicates a -2.13% fall compared to HSY last annual SG&A of $624.30M (Sep 23).

Hershey Company EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts44443338108337158812131313777991599168
EPS-------------$2.60$1.98$2.94$1.98$2.00$1.57$2.66$1.65$2.22$1.50$1.96$1.44$2.21$1.33$1.33$1.02$1.59
Avg Forecast$2.25$2.36$1.42$2.73$2.09$2.17$1.31$2.54$2.38$2.56$1.44$2.76$1.95$2.46$1.91$2.68$1.77$2.10$1.69$2.10$1.61$2.00$1.43$1.80$1.43$1.74$1.12$1.71$1.24$1.60
High Forecast$2.31$2.43$1.45$2.80$2.14$2.22$1.34$2.68$2.43$2.65$1.48$2.76$2.04$2.60$1.96$2.76$1.86$2.10$1.69$2.10$1.61$2.00$1.43$1.80$1.43$1.74$1.12$1.71$1.24$1.60
Low Forecast$2.19$2.30$1.38$2.66$2.03$2.11$1.27$2.40$2.35$2.46$1.39$2.76$1.84$2.40$1.86$2.61$1.68$2.10$1.69$2.10$1.61$2.00$1.43$1.80$1.43$1.74$1.12$1.71$1.24$1.60
Surprise %-------------1.06%1.04%1.10%1.12%0.95%0.93%1.27%1.02%1.11%1.05%1.09%1.01%1.27%1.19%0.78%0.82%0.99%

According to 7 Wall Street analysts, Hershey Company's projected average Quarter EPS for Dec 23 is $1.95, with a low estimate of $1.84 and a high estimate of $2.04. This represents a -24.97% decrease compared to HSY previous annual EPS of $2.60 (Sep 23).

Hershey Company Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HSYHershey Company$170.24$207.5821.93%Hold
MDLZMondelez$63.87$74.8217.14%Buy

HSY Forecast FAQ


Is Hershey Company a good buy?

No, according to 20 Wall Street analysts, Hershey Company (HSY) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 40.00% of HSY's total ratings.

What is HSY's price target?

Hershey Company (HSY) average price target is $207.58 with a range of $129.11 to $269, implying a 21.93% from its last price of $170.24. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Hershey Company stock go up soon?

According to Wall Street analysts' prediction for HSY stock, the company can go up by 21.93% (from the last price of $170.24 to the average price target of $207.58), up by 58.01% based on the highest stock price target, and down by -24.16% based on the lowest stock price target.

Can Hershey Company stock reach $300?

HSY's average twelve months analyst stock price target of $207.58 does not support the claim that Hershey Company can reach $300 in the near future.

What is Hershey Company's current price target trend?

5 Wall Street analysts forecast a $169.4 price target for Hershey Company (HSY) this month, down -0.49% from its last price of $170.24. Compared to the last 3 and 12 months, the average price target increased by 2.14% and increased by 9.89%, respectively.

What are Hershey Company's analysts' financial forecasts?

Hershey Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $11.44B (high $11.64B, low $11.26B), average EBITDA is $2.74B (high $2.78B, low $2.69B), average net income is $1.65B (high $1.7B, low $1.59B), average SG&A $2.57B (high $2.62B, low $2.53B), and average EPS is $8.11 (high $8.39, low $7.81). HSY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $11.73B (high $11.97B, low $11.48B), average EBITDA is $2.8B (high $2.86B, low $2.75B), average net income is $1.78B (high $1.83B, low $1.73B), average SG&A $2.64B (high $2.69B, low $2.58B), and average EPS is $8.76 (high $8.99, low $8.52).

Did the HSY's actual financial results beat the analysts' financial forecasts?

Based on Hershey Company's last annual report (Dec 2022), the company's revenue was $10.42B, beating the average analysts forecast of $9.91B by 5.15%. Apple's EBITDA was $2.06B, missing the average prediction of $2.06B by -0.03%. The company's net income was $1.64B, beating the average estimation of $1.43B by 14.78%. Apple's SG&A was $2.24B, beating the average forecast of $2.21B by 1.23%. Lastly, the company's EPS was $7.96, beating the average prediction of $7.66 by 3.87%. In terms of the last quarterly report (Sep 2023), Hershey Company's revenue was $3.03B, beating the average analysts' forecast of $2.95B by 2.69%. The company's EBITDA was $735.95M, beating the average prediction of $705.47M by 4.32%. Hershey Company's net income was $518.58M, beating the average estimation of $498.62M by 4.00%. The company's SG&A was $624.3M, missing the average forecast of $663.73M by -5.94%. Lastly, the company's EPS was $2.6, beating the average prediction of $2.46 by 5.87%