ETR:HLAG Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, ETR:HLAG stock has a consensus rating of "Sell" and an average price target of €103.70. The average 1-year stock price forecast is 21.68% lower than the current stock price, while the lowest is €75.00 (-43.35%) and the highest is €131.00 (-1.06%).

Price Target: €103.70 (-21.68%)

Analyst Consensus: Sell

Price Target

Chart

Target	Low	Average	Median	High
Price	€75.00	€103.70	€101.00	€131.00
Change	-43.35%	-21.68%	-23.72%	-1.06%

Analyst Ratings

The average analyst rating for ETR:HLAG stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	4	5	4	3	3	4
Sell	2	2	2	3	3	2
Strong Sell	5	4	4	4	4	4
Total	11	11	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Harishankar Ramamoorthy Deutsche Bank	Deutsche Bank	Hold Maintains €114.00	Hold	Maintains	€114.00	-13.90%	Aug 13, 2026
Alexia Dogani J.P. Morgan	J.P. Morgan	Sell Maintains €70.00	Sell	Maintains	€70.00	-47.13%	Aug 13, 2026
Patrick Creuset Goldman Sachs	Goldman Sachs	Sell Maintains €74.00 → €81.00	Sell	Maintains	€74.00 → €81.00	-38.82%	Jul 22, 2026
Cristian Nedelcu UBS	UBS	Sell Maintains €96.00 → €102.00	Sell	Maintains	€96.00 → €102.00	-22.96%	Jul 21, 2026
Tianyu Chloe Fu Citi	Citi	Sell Maintains €96.00 → €101.00	Sell	Maintains	€96.00 → €101.00	-23.72%	Jul 1, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

19.63B

from 18.63B

5.34%

from 18.63B

Revenue Next Year

19.14B

from 19.63B

-2.46%

from 19.63B

EPS This Year

3.76

from 5.18

-27.32%

from 5.18

EPS Next Year

-2.06

from 3.76

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	22.27B	34.54B	17.93B	19.11B	18.63B	19.63B
Revenue Growth	74.39%	55.08%	-48.10%	6.59%	-2.51%	5.34%
Operating Income	9.36B	17.40B	2.51B	2.47B	905.40M	890.69M
Net Income	9.07B	17.03B	2.93B	2.39B	909.80M	519.07M
EPS	-	-	-	-	5.18	3.76
EPS Growth	-	-	-	-	-61.83%	-27.32%
Forward PE	6.08	4.50	156.59	21.45	69.29	35.17
Dividend / Share	35.00	63.00	9.25	8.20	3.00	2.08
Dividend Growth	900.00%	80.00%	-85.32%	-11.35%	-63.42%	-30.82%
Free Cash Flow	5.85B	11.54B	2.48B	1.18B	102.79M	957.70M
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	20.4B
Avg	19.6B
Low	18.3B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	9.4%
Avg	5.3%
Low	-1.8%

EPS Forecast

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EPS	2026	2027	2028
High	5.21
Avg	3.76
Low	1.95

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	0.7%
Avg	-27.3%
Low	-62.4%