Hess Midstream LP (HESM)
NYSE: HESM · Real-Time Price · USD
36.20
+0.34 (0.95%)
Dec 20, 2024, 4:00 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 6.82% from the current stock price of 36.20.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 5 | 5 | 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 | +7.73% | Aug 21, 2024 |
| UBS | UBS | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +10.50% | Jul 3, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $36 → $37 | Hold | Maintains | $36 → $37 | +2.21% | Apr 29, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $37 → $38 | Hold | Maintains | $37 → $38 | +4.97% | 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 12.56%
Revenue Next Year
1.69B
from 1.52B
Increased by 11.20%
EPS This Year
2.50
from 2.08
Increased by 20.09%
EPS Next Year
3.22
from 2.50
Increased by 28.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.8B | 2.0B |
| Avg | 1.5B | 1.7B | 1.9B |
| Low | 1.5B | 1.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.5% | 16.3% | 18.4% |
| Avg | 12.6% | 11.2% | 10.5% |
| Low | 7.8% | 4.4% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.76 | 4.49 | 5.16 | |||
| Avg | 2.50 | 3.22 | 3.67 | |||
| Low | 2.17 | 1.76 | 1.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 32.8% | 79.9% | 60.3% | |||
| Avg | 20.1% | 28.8% | 14.0% | |||
| Low | 4.1% | -29.4% | -39.7% |
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.