Federated Hermes, Inc. (FHI)

Federated Hermes Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Federated Hermes stock have an average target of 43.33, with a low estimate of 39 and a high estimate of 47. The average target predicts an increase of 2.34% from the current stock price of 42.34.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$39	$43.33	$45	$47
Change	-7.89%	+2.34%	+6.28%	+11.01%

Analyst Ratings

The average analyst rating for FHI stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	2
Buy	2	2	2	2	2	2
Hold	3	3	3	3	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Bedell Deutsche Bank	Deutsche Bank	Strong Buy Maintains $43 → $45	Strong Buy	Maintains	$43 → $45	+6.28%	Nov 11, 2024
John Dunn Evercore ISI Group	Evercore ISI Group	Buy Maintains $41 → $43	Buy	Maintains	$41 → $43	+1.56%	Nov 7, 2024
Kenneth Lee RBC Capital	RBC Capital	Hold Maintains $36 → $39	Hold	Maintains	$36 → $39	-7.89%	Oct 28, 2024
Bill Kirk TD Cowen	TD Cowen	Hold → Strong Buy Upgrades $35 → $46	Hold → Strong Buy	Upgrades	$35 → $46	+8.64%	Oct 28, 2024
Adam Beatty UBS	UBS	Hold Maintains $36 → $40	Hold	Maintains	$36 → $40	-5.53%	Oct 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.64B

Increased by 2.01%

from 1.61B

Revenue Next Year

1.75B

Increased by 6.58%

from 1.64B

EPS This Year

3.22

Decreased by -5.13%

from 3.40

EPS Next Year

4.13

Increased by 28.18%

from 3.22

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.33B	1.45B	1.30B	1.45B	1.61B	1.64B	1.75B	1.84B
Revenue Growth	16.84%	9.15%	-10.21%	11.18%	11.33%	2.01%	6.58%	4.97%
EPS	2.69	3.23	2.75	2.65	3.40	3.22	4.13	4.56
EPS Growth	23.44%	20.14%	-14.79%	-3.63%	28.25%	-5.13%	28.18%	10.26%
Forward PE	-	-	-	-	-	13.13	10.24	9.29
No. Analysts	-	-	-	-	-	10	10	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.7B	1.9B	2.0B
Avg	1.6B	1.8B	1.8B
Low	1.6B	1.7B	1.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	6.2%	14.3%	14.6%
Avg	2.0%	6.6%	5.0%
Low	-1.2%	0.9%	-2.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.07	5.00	5.83
Avg	3.22	4.13	4.56
Low	2.81	3.81	4.00

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	19.9%	55.0%	41.0%
Avg	-5.1%	28.2%	10.3%
Low	-17.2%	18.2%	-3.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.