Hawaiian Electric Industries, Inc. (HE)
NYSE: HE · Real-Time Price · USD
10.39
-0.51 (-4.68%)
Sep 9, 2026, 3:03 PM EDT - Market open

HE Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, HE stock has a consensus rating of "Sell" and an average price target of $10.69. The average 1-year stock price forecast is 2.89% higher than the current stock price, while the lowest is $7.00 (-32.63%) and the highest is $12 (+15.50%).

Price Target: $10.69 (+2.89%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
Price$7.00$10.69$11.88$12
Change-32.63%+2.89%+14.34%+15.50%

Analyst Ratings

The average analyst rating for HE 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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy000000
Buy000000
Hold222222
Sell000000
Strong Sell111111
Total333333

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Ladenburg Thalmann & Co.
Ladenburg Thalmann & Co.
Sell
Initiates
$7
SellInitiates$7-32.63%Sep 8, 2026
Barclays
Barclays
Hold
Maintains
$13$12
HoldMaintains$13$12+15.50%Aug 11, 2026
Jefferies
Jefferies
Sell
Maintains
$12
SellMaintains$12+13.09%Jul 6, 2026

Financial Forecast

Revenue This Year
3.15B
from 3.09B
Increased by 1.93%
Revenue Next Year
3.31B
from 3.15B
Increased by 5.12%
EPS This Year
0.82
from 0.86
Decreased by -4.24%
EPS Next Year
1.08
from 0.82
Increased by 30.54%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.85B3.42B3.29B3.22B3.09B3.15B
Revenue Growth
10.49%20.02%-3.90%-2.06%-4.13%1.93%
Net Income
246.17M241.14M199.24M-1.43B123.12M145.50M
EPS
----0.860.82
EPS Growth
-----12.24%-4.24%
Forward PE
19.9517.946.956.9613.0612.62
Dividend / Share
1.361.401.08---
Free Cash Flow
702.49M-982.92M908.06M534.01M142.93M154.06M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High3.2B
Avg3.1B
Low3.1B

Revenue Growth

Revenue Growth202620272028
High
3.0%
Avg
1.9%
Low
1.1%

EPS Forecast

EPS202620272028
High0.99
Avg0.82
Low0.66

EPS Growth

EPS Growth202620272028
High
15.1%
Avg
-4.2%
Low
-23.6%