Hawaiian Electric Industries, Inc. (HE)
NYSE: HE · Real-Time Price · USD
10.38
+0.16 (1.57%)
Nov 4, 2024, 4:00 PM EST - Market closed
HE Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for HE stock have an average target of 10.25, with a low estimate of 9.00 and a high estimate of 11.5. The average target predicts a decrease of -1.25% from the current stock price of 10.38.
Analyst Consensus: Hold
* Price targets were last updated on Sep 30, 2024.
Analyst Ratings
The average analyst rating for HE stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 2 | 2 | 2 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $14 → $12 | Hold | Maintains | $14 → $12 | +10.79% | Sep 30, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $16 → $9 | Hold | Maintains | $16 → $9 | -13.29% | Sep 24, 2024 |
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $14 | Sell → Hold | Upgrades | $14 | +34.87% | Aug 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $16 | Hold | Maintains | $16 | +54.14% | Aug 14, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $9 → $14 | Sell | Maintains | $9 → $14 | +34.87% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
3.85B
from 3.68B
Increased by 4.45%
Revenue Next Year
3.90B
from 3.85B
Increased by 1.35%
EPS This Year
1.75
from 1.81
Decreased by -3.54%
EPS Next Year
1.34
from 1.75
Decreased by -23.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.9B | 4.0B | 4.0B | ||
| Avg | 3.8B | 3.9B | 4.0B | ||
| Low | 3.7B | 3.7B | 3.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.5% | 3.3% | 3.4% | ||
| Avg | 4.4% | 1.4% | 1.4% | ||
| Low | -0.6% | -3.6% | -3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.83 | 1.42 | 1.40 | ||
| Avg | 1.75 | 1.34 | 1.07 | ||
| Low | 1.62 | 1.23 | 0.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.9% | -18.8% | 4.3% | ||
| Avg | -3.5% | -23.3% | -20.0% | ||
| Low | -10.7% | -29.8% | -45.1% |
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.