HealthEquity, Inc. (HQY)
NASDAQ: HQY · Real-Time Price · USD
91.61
-0.89 (-0.96%)
Dec 31, 2025, 4:00 PM EST - Market closed
HealthEquity Stock Forecast
Stock Price Forecast
The 15 analysts that cover HealthEquity stock have a consensus rating of "Buy" and an average price target of $119.07, which forecasts a 29.97% increase in the stock price over the next year. The lowest target is $100 and the highest is $130.
Price Target: $119.07 (+29.97%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for HealthEquity stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Buy | 7 | 8 | 9 | 9 | 8 | 9 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 15 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Initiates $118 | Buy | Initiates | $118 | +28.81% | Dec 9, 2025 |
| Barrington Research | Barrington Research | Buy Maintains $125 | Buy | Maintains | $125 | +36.45% | Dec 4, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $126 → $129 | Buy | Maintains | $126 → $129 | +40.81% | Dec 4, 2025 |
| Citizens | Citizens | Buy Maintains $117 → $122 | Buy | Maintains | $117 → $122 | +33.17% | Dec 4, 2025 |
| BTIG | BTIG | Strong Buy Reiterates $130 | Strong Buy | Reiterates | $130 | +41.91% | Dec 4, 2025 |
Financial Forecast
Revenue This Year
1.33B
from 1.20B
Increased by 10.44%
Revenue Next Year
1.43B
from 1.33B
Increased by 7.55%
EPS This Year
3.99
from 1.09
Increased by 266.16%
EPS Next Year
4.61
from 3.99
Increased by 15.45%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.4B | 1.5B | |
| Avg | 1.3B | 1.4B | |
| Low | 1.3B | 1.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 15.4% | 13.0% | |
| Avg | 10.4% | 7.5% | |
| Low | 6.8% | 2.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.20 | 5.30 | |
| Avg | 3.99 | 4.61 | |
| Low | 3.84 | 4.18 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 285.3% | 32.7% | |
| Avg | 266.2% | 15.4% | |
| Low | 252.4% | 4.8% |
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.