Hess Midstream LP (HESM)
NYSE: HESM · IEX Real-Time Price · USD
35.14
-0.49 (-1.38%)
Apr 25, 2024, 9:48 AM EDT - Market open
Hess Midstream LP Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Hess Midstream LP stock have an average target of 35.57, with a low estimate of 32 and a high estimate of 38. The average target predicts an increase of 1.22% from the current stock price of 35.14.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for HESM stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $37 → $38 | Hold | Maintains | $37 → $38 | +8.14% | Apr 16, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 8, 2024 |
| UBS | UBS | Strong Buy Maintains $35 → $38 | Strong Buy | Maintains | $35 → $38 | +8.14% | Mar 1, 2024 |
| Raymond James | Raymond James | Buy Maintains $35 → $38 | Buy | Maintains | $35 → $38 | +8.14% | Oct 19, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $32 | Strong Buy | Initiates | $32 | -8.94% | Oct 6, 2023 |
Financial Forecast
Revenue This Year
1.53B
from 1.35B
Increased by 13.67%
Revenue Next Year
1.70B
from 1.53B
Increased by 11.15%
EPS This Year
2.78
from 2.08
Increased by 33.58%
EPS Next Year
3.18
from 2.78
Increased by 14.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.8B | 1.9B |
| Avg | 1.5B | 1.7B | 1.7B |
| Low | 1.4B | 1.6B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.8% | 16.9% | 11.0% |
| Avg | 13.7% | 11.2% | -1.1% |
| Low | 3.9% | 3.1% | -19.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.21 | 3.68 | 4.12 | 3.54 | 3.58 |
| Avg | 2.78 | 3.18 | 3.74 | 3.44 | 3.48 |
| Low | 2.39 | 2.64 | 3.28 | 3.30 | 3.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 54.5% | 32.3% | 29.6% | -5.5% | 4.2% |
| Avg | 33.6% | 14.3% | 17.9% | -8.2% | 1.2% |
| Low | 15.0% | -5.1% | 3.4% | -11.8% | -2.8% |
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.