D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS)

HEPS Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for HEPS stock has a target of 3.07, which predicts a 31.20% increase from the current stock price of 2.34.

Price Target: $3.07 (+31.20%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$3.07	$3.07	$3.07	$3.07
Change	+31.20%	+31.20%	+31.20%	+31.20%

Analyst Ratings

According to 1 stock analyst, the rating for HEPS is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	0	0	0	0	0
Buy	1	1	1	1	0
Hold	2	2	2	2	1
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	3	3	3	3	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Hanzade Kilickiran JP Morgan	JP Morgan	Buy → Hold Downgrades $4.85 → $3.07	Buy → Hold	Downgrades	$4.85 → $3.07	+31.20%	Nov 18, 2025
Cesar Tiron B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $12	Strong Buy → Hold	Downgrades	$12	+412.82%	Aug 31, 2021
Hanzade Kilickiran JP Morgan	JP Morgan	Buy Initiates $16	Buy	Initiates	$16	+600.85%	Jul 27, 2021
Miriam Adisa Morgan Stanley	Morgan Stanley	Hold Initiates $15	Hold	Initiates	$15	+541.03%	Jul 27, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

78.67B

Increased by 37.91%

from 57.05B

Revenue Next Year

101.08B

Increased by 28.48%

from 78.67B

EPS This Year

-6.84

from -4.89

EPS Next Year

-3.08

from -6.84

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	15.17B	24.79B	38.23B	51.34B	57.05B	78.67B	101.08B
Revenue Growth	482.70%	63.41%	54.20%	34.29%	11.12%	37.91%	28.48%
EPS	-3.29	-10.93	-21.22	0.34	-4.89	-6.84	-3.08
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	4

Financial currency is TRY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	83.3B	106.0B
Avg	78.7B	101.1B
Low	73.4B	95.3B

Revenue Growth

Revenue Growth	2025	2026	2027
High	46.1%	34.7%
Avg	37.9%	28.5%
Low	28.6%	21.2%

EPS Forecast

EPS	2025	2026	2027
High	-2.65	1.37
Avg	-6.84	-3.08
Low	-10.66	-7.19

EPS Growth

EPS Growth	2025	2026	2027
High	-	-
Avg	-	-
Low	-	-

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.