Hess Midstream LP (HESM)
NYSE: HESM · Real-Time Price · USD
36.91
+0.84 (2.31%)
Nov 21, 2024, 3:02 PM EST - Market open
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 4.78% from the current stock price of 36.91.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 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 | +5.68% | Aug 21, 2024 |
| UBS | UBS | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +8.39% | Jul 3, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $36 → $37 | Hold | Maintains | $36 → $37 | +0.26% | Apr 29, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $37 → $38 | Hold | Maintains | $37 → $38 | +2.97% | 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 12.64%
Revenue Next Year
1.69B
from 1.52B
Increased by 11.26%
EPS This Year
2.51
from 2.08
Increased by 20.47%
EPS Next Year
2.87
from 2.51
Increased by 14.65%
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 | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.4% | 17.3% | 11.1% |
| Avg | 12.6% | 11.3% | 7.9% |
| Low | 7.8% | 4.3% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.76 | 3.73 | 4.29 | ||
| Avg | 2.51 | 2.87 | 3.70 | ||
| Low | 2.24 | 1.94 | 3.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.8% | 48.8% | 49.5% | ||
| Avg | 20.5% | 14.7% | 28.9% | ||
| Low | 7.9% | -22.6% | 8.1% |
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.