Hershey Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Hershey stock have an average target of 187.06, with a low estimate of 161 and a high estimate of 210. The average target predicts an increase of 7.51% from the current stock price of 174.00.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$161	$187.06	$183	$210
Change	-7.47%	+7.51%	+5.17%	+20.69%

Analyst Ratings

The average analyst rating for Hershey stock from 19 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	1	0	0	0
Buy	2	2	2	2	0	0
Hold	14	14	14	14	14	14
Sell	1	1	1	2	2	2
Strong Sell	0	0	2	2	3	3
Total	19	19	20	20	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Lazar Barclays	Barclays	Hold Maintains $202 → $180	Hold	Maintains	$202 → $180	+3.45%	Nov 11, 2024
Nik Modi RBC Capital	RBC Capital	Hold Maintains $205 → $183	Hold	Maintains	$205 → $183	+5.17%	Nov 8, 2024
Michael Lavery Piper Sandler	Piper Sandler	Hold Maintains $165 → $168	Hold	Maintains	$165 → $168	-3.45%	Nov 8, 2024
Rob Dickerson Jefferies	Jefferies	Sell Maintains $163 → $161	Sell	Maintains	$163 → $161	-7.47%	Oct 31, 2024
Matthew Smith Stifel	Stifel	Hold Maintains $195 → $180	Hold	Maintains	$195 → $180	+3.45%	Oct 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

11.37B

from 11.16B

1.79%

from 11.16B

Revenue Next Year

11.67B

from 11.37B

2.64%

from 11.37B

EPS This Year

9.40

from 9.06

3.79%

from 9.06

EPS Next Year

8.89

from 9.40

-5.47%

from 9.40

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	7.99B	8.15B	8.97B	10.42B	11.16B	11.37B	11.67B	11.99B
Revenue Growth	2.51%	2.05%	10.08%	16.14%	7.16%	1.79%	2.64%	2.74%
EPS	5.46	6.11	7.11	7.96	9.06	9.40	8.89	9.71
EPS Growth	-2.15%	11.90%	16.37%	11.95%	13.82%	3.79%	-5.47%	9.23%
Forward PE	-	-	-	-	-	18.50	19.57	17.92
No. Analysts	-	-	-	-	-	27	27	19

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

Revenue Forecast

Revenue	2024	2025	2026
High	12.0B	12.4B	12.9B
Avg	11.4B	11.7B	12.0B
Low	10.9B	11.1B	11.3B

Revenue Growth

Revenue Growth	2024	2025	2026
High	7.1%	9.5%	10.9%
Avg	1.8%	2.6%	2.7%
Low	-2.6%	-2.7%	-3.1%

EPS Forecast

EPS	2024	2025	2026
High	10.03	10.33	10.93
Avg	9.40	8.89	9.71
Low	8.80	7.21	8.77

EPS Growth

EPS Growth	2024	2025	2026
High	10.7%	9.9%	23.0%
Avg	3.8%	-5.5%	9.2%
Low	-2.9%	-23.3%	-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.