Hess Midstream LP (HESM)
NYSE: HESM · Real-Time Price · USD
34.54
-0.07 (-0.20%)
Nov 4, 2024, 3:59 PM EST - Market closed
Hess Midstream LP Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Hess Midstream LP stock have an average target of 38.67, with a low estimate of 37 and a high estimate of 40. The average target predicts an increase of 11.96% from the current stock price of 34.54.
Analyst Consensus: Buy
* Price targets were last updated on Aug 21, 2024.
Analyst Ratings
The average analyst rating for HESM stock from 3 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 5 | 5 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $38 → $39 | Hold | Maintains | $38 → $39 | +12.91% | Aug 21, 2024 |
| UBS | UBS | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +15.81% | Jul 3, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $36 → $37 | Hold | Maintains | $36 → $37 | +7.12% | Apr 29, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $37 → $38 | Hold | Maintains | $37 → $38 | +10.02% | Apr 16, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 8, 2024 |
Financial Forecast
Revenue This Year
1.52B
from 1.35B
Increased by 12.93%
Revenue Next Year
1.71B
from 1.52B
Increased by 11.95%
EPS This Year
2.58
from 2.08
Increased by 24.21%
EPS Next Year
3.28
from 2.58
Increased by 26.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.8B | 1.9B |
| Avg | 1.5B | 1.7B | 1.8B |
| Low | 1.5B | 1.6B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.0% | 18.6% | 13.5% |
| Avg | 12.9% | 12.0% | 3.6% |
| Low | 8.0% | 4.9% | -18.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.93 | 4.57 | 5.19 | ||
| Avg | 2.58 | 3.28 | 3.95 | ||
| Low | 2.03 | 1.92 | 3.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 40.8% | 76.8% | 58.2% | ||
| Avg | 24.2% | 26.9% | 20.6% | ||
| Low | -2.5% | -25.7% | -5.3% |
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.