Hershey Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Hershey stock have an average target of 166.85, with a low estimate of 120 and a high estimate of 208. The average target predicts a decrease of -1.77% from the current stock price of 169.86.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$120	$166.85	$165	$208
Change	-29.35%	-1.77%	-2.86%	+22.45%

Analyst Ratings

The average analyst rating for Hershey stock from 21 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	14	14	14	14	16	16
Sell	2	2	3	4	4	3
Strong Sell	3	3	3	3	2	2
Total	19	19	20	21	22	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Megan Alexander Morgan Stanley	Morgan Stanley	Hold Initiates $183	Hold	Initiates	$183	+7.74%	Mar 24, 2025
Chris Carey Wells Fargo	Wells Fargo	Sell Maintains $125 → $132	Sell	Maintains	$125 → $132	-22.29%	Mar 14, 2025
Andrew Lazar Barclays	Barclays	Hold Maintains $170 → $160	Hold	Maintains	$170 → $160	-5.80%	Feb 10, 2025
Brian Holland DA Davidson	DA Davidson	Hold Maintains $164 → $149	Hold	Maintains	$164 → $149	-12.28%	Feb 10, 2025
Matthew Smith Stifel	Stifel	Hold Maintains $170 → $160	Hold	Maintains	$170 → $160	-5.80%	Feb 7, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

11.53B

from 11.20B

2.93%

from 11.20B

Revenue Next Year

11.85B

from 11.53B

2.73%

from 11.53B

EPS This Year

6.29

from 10.92

-42.41%

from 10.92

EPS Next Year

6.71

from 6.29

6.64%

from 6.29

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	8.15B	8.97B	10.42B	11.16B	11.20B	11.53B	11.85B	12.10B
Revenue Growth	2.05%	10.08%	16.14%	7.16%	0.33%	2.93%	2.73%	2.16%
EPS	6.11	7.11	7.96	9.06	10.92	6.29	6.71	7.60
EPS Growth	11.91%	16.37%	11.96%	13.82%	20.53%	-42.41%	6.64%	13.39%
Forward PE	-	-	-	-	-	27.01	25.33	22.34
No. Analysts	-	-	-	-	-	27	26	13

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

Revenue Forecast

Revenue	2025	2026	2027
High	12.0B	12.5B	12.8B
Avg	11.5B	11.8B	12.1B
Low	11.1B	11.3B	11.3B

Revenue Growth

Revenue Growth	2025	2026	2027
High	7.5%	8.8%	7.6%
Avg	2.9%	2.7%	2.2%
Low	-0.7%	-2.3%	-4.3%

EPS Forecast

EPS	2025	2026	2027
High	7.66	9.41	10.87
Avg	6.29	6.71	7.60
Low	5.90	5.10	6.46

EPS Growth

EPS Growth	2025	2026	2027
High	-29.9%	49.6%	62.1%
Avg	-42.4%	6.6%	13.4%
Low	-46.0%	-19.0%	-3.7%

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.