Hershey Stock Forecast

Stock Price Forecast

The 15 analysts that cover Hershey stock have a consensus rating of "Hold" and an average price target of $215.07, which forecasts a 2.13% increase in the stock price over the next year. The lowest target is $185 and the highest is $247.

Price Target: $215.07 (+2.13%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$185	$215.07	$213	$247
Change	-12.15%	+2.13%	+1.15%	+17.30%

Analyst Ratings

The average analyst rating for Hershey stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	1	1	1	1	1	1
Buy	0	0	1	2	2	2
Hold	14	14	14	14	12	12
Sell	2	2	2	1	0	0
Strong Sell	0	0	0	0	0	0
Total	17	17	18	18	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Megan Alexander Morgan Stanley	Morgan Stanley	Buy Maintains $238 → $247	Buy	Maintains	$238 → $247	+17.30%	Mar 16, 2026
John Baumgartner Mizuho	Mizuho	Hold Maintains $165 → $195	Hold	Maintains	$165 → $195	-7.40%	Feb 24, 2026
Andrew Lazar Barclays	Barclays	Hold Maintains $210 → $240	Hold	Maintains	$210 → $240	+13.97%	Feb 9, 2026
Brian Holland DA Davidson	DA Davidson	Hold Maintains $207 → $243	Hold	Maintains	$207 → $243	+15.40%	Feb 6, 2026
Matthew Smith Stifel	Stifel	Hold Maintains $195 → $230	Hold	Maintains	$195 → $230	+9.22%	Feb 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

12.36B

from 11.69B

5.73%

from 11.69B

Revenue Next Year

12.65B

from 12.36B

2.35%

from 12.36B

EPS This Year

8.51

from 4.34

96.18%

from 4.34

EPS Next Year

9.93

from 8.51

16.67%

from 8.51

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	8.97B	10.42B	11.16B	11.20B	11.69B	12.36B	12.65B
Revenue Growth	10.08%	16.14%	7.16%	0.33%	4.38%	5.73%	2.35%
EPS	7.11	7.96	9.06	10.92	4.34	8.51	9.93
EPS Growth	16.37%	11.96%	13.82%	20.53%	-60.26%	96.18%	16.67%
Forward PE	-	-	-	-	-	24.73	21.20
No. Analysts	-	-	-	-	-	26	26

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

Revenue Forecast

Revenue	2026	2027
High	12.9B	13.4B
Avg	12.4B	12.7B
Low	11.9B	12.1B

Revenue Growth

Revenue Growth	2026	2027
High	10.5%	8.7%
Avg	5.7%	2.4%
Low	2.2%	-2.2%

EPS Forecast

EPS	2026	2027
High	9.84	11.17
Avg	8.51	9.93
Low	8.04	8.82

EPS Growth

EPS Growth	2026	2027
High	126.8%	31.2%
Avg	96.2%	16.7%
Low	85.2%	3.6%

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.