Hawaiian Electric Industries, Inc. (HE)

HE Stock Forecast

Stock Price Forecast

The 4 analysts that cover HE stock have a consensus rating of "Hold" and an average price target of $10.94, which forecasts a 2.34% increase in the stock price over the next year. The lowest target is $10 and the highest is $12.5.

Price Target: $10.94 (+2.34%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$10	$10.94	$11.25	$12.5
Change	-6.45%	+2.34%	+5.24%	+16.93%

Analyst Ratings

The average analyst rating for HE stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Campanella Barclays	Barclays	Hold Maintains $11 → $10	Hold	Maintains	$11 → $10	-6.45%	Jul 10, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold Maintains $11 → $11	Hold	Maintains	$11 → $11	+5.24%	May 28, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold Maintains $11 → $11	Hold	Maintains	$11 → $11	+2.90%	Apr 14, 2025
Nicholas Campanella Barclays	Barclays	Hold Maintains $10 → $11	Hold	Maintains	$10 → $11	+2.90%	Mar 4, 2025
Jonathan Reeder Wells Fargo	Wells Fargo	Hold Maintains $11 → $13	Hold	Maintains	$11 → $13	+16.93%	Feb 27, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.96B

Increased by 23.08%

from 3.22B

Revenue Next Year

4.03B

Increased by 1.74%

from 3.96B

EPS This Year

1.04

from -11.24

EPS Next Year

1.06

Increased by 1.82%

from 1.04

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.58B	2.85B	3.42B	3.29B	3.22B	3.96B	4.03B	4.12B
Revenue Growth	-10.24%	10.49%	20.02%	-3.90%	-2.06%	23.08%	1.74%	2.08%
EPS	1.81	2.25	2.20	1.82	-11.24	1.04	1.06	1.12
EPS Growth	-9.05%	24.31%	-2.28%	-17.42%	-	-	1.82%	5.45%
Forward PE	-	-	-	-	-	10.28	10.10	9.57
No. Analysts	-	-	-	-	-	8	8	8

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	5.4B	5.4B	5.5B
Avg	4.0B	4.0B	4.1B
Low	3.2B	3.2B	3.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	66.6%	36.5%	35.4%
Avg	23.1%	1.7%	2.1%
Low	-0.9%	-18.4%	-17.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.23	1.10	1.24
Avg	1.04	1.06	1.12
Low	0.90	0.98	1.00

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-	6.0%	17.0%
Avg	-	1.8%	5.4%
Low	-	-5.8%	-5.6%

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.