Hess Midstream LP (HESM)
NYSE: HESM · IEX Real-Time Price · USD
35.42
+0.31 (0.88%)
May 17, 2024, 4:00 PM EDT - Market closed

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 36.29, with a low estimate of 32 and a high estimate of 38. The average target predicts an increase of 2.46% from the current stock price of 35.42.

Analyst Consensus: Buy
Target Low Average Median High
Price $32 $36.29 $37 $38
Change -9.66% +2.46% +4.46% +7.28%

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 Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 333333
Buy 111111
Hold 222333
Sell 000000
Strong Sell 000000
Total 666777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Hold
Maintains
$36$37
Hold Maintains $36$37 +4.46% Apr 29, 2024
JP Morgan
JP Morgan
Hold
Maintains
$37$38
Hold Maintains $37$38 +7.28% Apr 16, 2024
JP Morgan
JP Morgan
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Mar 8, 2024
UBS
UBS
Strong Buy
Maintains
$35$38
Strong Buy Maintains $35$38 +7.28% Mar 1, 2024
Raymond James
Raymond James
Buy
Maintains
$35$38
Buy Maintains $35$38 +7.28% Oct 19, 2023
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
848.30M1.09B1.20B1.28B1.35B1.53B1.70B1.69B--
Revenue Growth
19.03%28.72%10.25%5.93%5.76%13.67%11.15%-1.06%--
EPS
1.201.311.762.012.082.783.183.743.673.77
EPS Growth
-5.51%9.17%34.35%14.20%3.48%33.58%14.29%17.93%-1.95%2.78%
No. Analysts -----99633
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
19.8%
16.9%
11.0%
Avg
13.7%
11.2%
-1.1%
Low
3.9%
3.1%
-19.4%

EPS Forecast

EPS 20242025202620272028
High 3.21 3.68 4.12 3.78 3.89
Avg 2.78 3.18 3.74 3.67 3.77
Low 2.39 2.64 3.28 3.53 3.63

EPS Growth

EPS Growth 20242025202620272028
High
54.5%
32.3%
29.6%
0.9%
5.8%
Avg
33.6%
14.3%
17.9%
-1.9%
2.8%
Low
15.0%
-5.1%
3.4%
-5.8%
-1.3%
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.