Hess Corporation (HES)

Hess Corporation Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Hess Corporation stock have an average target of 171.1, with a low estimate of 150 and a high estimate of 194. The average target predicts an increase of 13.05% from the current stock price of 151.35.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$150	$171.1	$172	$194
Change	-0.89%	+13.05%	+13.64%	+28.18%

* Price targets were last updated on Dec 9, 2024.

Analyst Ratings

The average analyst rating for HES stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	2	2	2	2	1	1
Buy	3	4	4	4	5	5
Hold	7	6	6	6	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Roger Read Wells Fargo	Wells Fargo	Hold → Buy Upgrades $151 → $193	Hold → Buy	Upgrades	$151 → $193	+27.52%	Dec 9, 2024
Scott Gruber Citigroup	Citigroup	Hold Maintains $145 → $163	Hold	Maintains	$145 → $163	+7.70%	Dec 6, 2024
Josh Silverstein UBS	UBS	Strong Buy Maintains $173 → $185	Strong Buy	Maintains	$173 → $185	+22.23%	Dec 3, 2024
Biju Perincheril Susquehanna	Susquehanna	Hold Maintains $149 → $154	Hold	Maintains	$149 → $154	+1.75%	Oct 18, 2024
Paul Cheng Scotiabank	Scotiabank	Hold Maintains $157 → $167	Hold	Maintains	$157 → $167	+10.34%	Oct 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.62B

Increased by 22.54%

from 10.30B

Revenue Next Year

12.40B

Decreased by -1.74%

from 12.62B

EPS This Year

9.51

Increased by 111.86%

from 4.49

EPS Next Year

7.95

Decreased by -16.46%

from 9.51

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	6.31B	4.54B	7.30B	11.07B	10.30B	12.62B	12.40B	14.50B
Revenue Growth	2.58%	-28.01%	60.71%	51.61%	-6.99%	22.54%	-1.74%	16.98%
EPS	-1.37	-10.15	1.81	6.77	4.49	9.51	7.95	11.19
EPS Growth	-	-	-	274.03%	-33.68%	111.86%	-16.46%	40.85%
Forward PE	-	-	-	-	-	15.91	19.05	13.52
No. Analysts	-	-	-	-	-	21	20	14

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	13.6B	14.8B	17.0B
Avg	12.6B	12.4B	14.5B
Low	11.3B	10.4B	12.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	32.1%	16.9%	36.9%
Avg	22.5%	-1.7%	17.0%
Low	9.7%	-17.5%	-3.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	10.94	11.71	14.81
Avg	9.51	7.95	11.19
Low	8.39	4.57	7.08

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	143.7%	23.1%	86.3%
Avg	111.9%	-16.5%	40.8%
Low	86.9%	-52.0%	-10.9%

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.