Hawaiian Electric Industries, Inc. (HE)
NYSE: HE · IEX Real-Time Price · USD
8.51
+0.33 (4.03%)
At close: Jul 2, 2024, 4:00 PM
8.52
+0.01 (0.12%)
Pre-market: Jul 3, 2024, 6:03 AM EDT
HE Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for HE stock have an average target of 9.13, with a low estimate of 8.00 and a high estimate of 11. The average target predicts an increase of 7.29% from the current stock price of 8.51.
Analyst Consensus: Sell
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for HE stock from 4 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 2 | 2 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $8.5 → $9 | Sell | Maintains | $8.5 → $9 | +5.76% | May 13, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $7 → $11 | Hold | Maintains | $7 → $11 | +29.26% | Feb 15, 2024 |
| Wells Fargo | Wells Fargo | Hold → Sell Downgrades $8 → $8.5 | Hold → Sell | Downgrades | $8 → $8.5 | -0.12% | Nov 10, 2023 |
| B of A Securities | B of A Securities | Sell Reiterates $8.5 | Sell | Reiterates | $8.5 | -0.12% | Aug 25, 2023 |
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $25 → $8 | Sell → Hold | Upgrades | $25 → $8 | -5.99% | Aug 18, 2023 |
Financial Forecast
Revenue This Year
3.77B
from 3.68B
Increased by 2.41%
Revenue Next Year
3.87B
from 3.77B
Increased by 2.65%
EPS This Year
1.89
from 1.81
Increased by 4.33%
EPS Next Year
2.02
from 1.89
Increased by 6.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.9B | 4.0B | 4.1B | 4.3B | 4.4B |
| Avg | 3.8B | 3.9B | 4.0B | 4.1B | 4.2B |
| Low | 3.5B | 3.7B | 3.8B | 3.8B | 3.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.5% | 5.4% | 5.5% | 7.1% | 8.7% |
| Avg | 2.4% | 2.7% | 2.8% | 2.8% | 2.9% |
| Low | -4.5% | -3.0% | -2.8% | -4.3% | -5.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.10 | 2.29 | 2.47 | 2.63 | 2.81 |
| Avg | 1.89 | 2.02 | 2.13 | 2.21 | 2.37 |
| Low | 1.49 | 1.56 | 1.66 | 1.76 | 1.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.0% | 21.2% | 22.4% | 23.5% | 27.1% |
| Avg | 4.3% | 6.7% | 5.5% | 4.2% | 7.2% |
| Low | -17.7% | -17.5% | -17.8% | -17.0% | -14.6% |
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.