Harley-Davidson, Inc. (HOG)

Harley-Davidson Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Harley-Davidson stock have an average target of 42.71, with a low estimate of 34 and a high estimate of 51. The average target predicts an increase of 38.89% from the current stock price of 30.75.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$34	$42.71	$45	$51
Change	+10.57%	+38.89%	+46.34%	+65.85%

* Price targets were last updated on Nov 7, 2024.

Analyst Ratings

The average analyst rating for HOG 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	2	2	2	2	2	2
Buy	3	3	3	2	2	2
Hold	2	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Robin Farley UBS	UBS	Hold Maintains $40 → $35	Hold	Maintains	$40 → $35	+13.82%	Nov 7, 2024
James Hardiman Citigroup	Citigroup	Hold Maintains $39 → $34	Hold	Maintains	$39 → $34	+10.57%	Oct 25, 2024
Robert Ohmes B of A Securities	B of A Securities	Strong Buy Maintains $50 → $45	Strong Buy	Maintains	$50 → $45	+46.34%	Oct 15, 2024
Craig Kennison Baird	Baird	Buy → Hold Downgrades $44 → $40	Buy → Hold	Downgrades	$44 → $40	+30.08%	Oct 2, 2024
James Hardiman Citigroup	Citigroup	Hold Maintains $37 → $39	Hold	Maintains	$37 → $39	+26.83%	Sep 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.22B

Decreased by -27.73%

from 5.84B

Revenue Next Year

4.28B

Increased by 1.40%

from 4.22B

EPS This Year

3.69

Decreased by -24.29%

from 4.87

EPS Next Year

4.12

Increased by 11.72%

from 3.69

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.36B	4.05B	5.34B	5.76B	5.84B	4.22B	4.28B	4.48B
Revenue Growth	-6.21%	-24.38%	31.62%	7.85%	1.41%	-27.73%	1.40%	4.82%
EPS	2.68	0.01	4.19	4.96	4.87	3.69	4.12	4.88
EPS Growth	-15.99%	-99.68%	49,351.20%	18.38%	-1.81%	-24.29%	11.72%	18.50%
Forward PE	-	-	-	-	-	8.34	7.46	6.30
No. Analysts	-	-	-	-	-	17	17	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	4.5B	4.8B	4.9B
Avg	4.2B	4.3B	4.5B
Low	4.0B	3.7B	4.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	-23.5%	13.3%	14.9%
Avg	-27.7%	1.4%	4.8%
Low	-30.8%	-13.5%	-6.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	4.04	4.57	5.43
Avg	3.69	4.12	4.88
Low	3.43	3.67	4.23

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	-17.0%	23.9%	31.8%
Avg	-24.3%	11.7%	18.5%
Low	-29.6%	-0.5%	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.