Hershey Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Hershey stock has a consensus rating of "Hold" and an average price target of $215.95. The average 1-year stock price forecast is 21.66% higher than the current stock price, while the lowest is $166 (-6.48%) and the highest is $255 (+43.65%).

Price Target: $215.95 (+21.66%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$166	$215.95	$210	$255
Change	-6.48%	+21.66%	+18.30%	+43.65%

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	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	3	3	3	5	5	5
Buy	3	3	4	4	3	3
Hold	16	17	17	14	14	14
Sell	1	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	24	24	25	24	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alexia Burland Howard Bernstein	Bernstein	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jun 30, 2026
Peter Galbo Bank of America Securities	Bank of America Securities	Hold Maintains $164	Hold	Maintains	$164	-7.61%	Jun 25, 2026
Nik Modi RBC Capital	RBC Capital	Hold Maintains $212	Hold	Maintains	$212	+19.43%	Jun 11, 2026
Robert Moskow TD Cowen	TD Cowen	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 5, 2026
David Palmer Evercore ISI	Evercore ISI	Buy Upgrades $255	Buy	Upgrades	$255	+43.65%	May 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

12.25B

from 11.69B

4.78%

from 11.69B

Revenue Next Year

12.60B

from 12.25B

2.81%

from 12.25B

EPS This Year

8.43

from 6.31

33.58%

from 6.31

EPS Next Year

9.90

from 8.43

17.47%

from 8.43

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	8.97B	10.42B	11.16B	11.20B	11.69B	12.25B
Revenue Growth	10.08%	16.14%	7.16%	0.33%	4.38%	4.78%
Gross Profit	4.05B	4.50B	5.00B	5.31B	3.92B	5.03B
Gross Margin	45.19%	43.18%	44.77%	47.42%	33.55%	41.05%
Operating Income	2.06B	2.25B	2.54B	2.99B	1.47B	2.51B
Net Income	1.48B	1.64B	1.86B	2.22B	883.26M	1.68B
EPS	-	-	-	-	6.31	8.43
EPS Growth	-	-	-	-	-32.66%	33.58%
Forward PE	25.65	26.17	18.94	20.35	28.47	21.06
Dividend / Share	3.41	3.87	4.46	5.48	5.48	5.78
Dividend Growth	-	13.61%	15.02%	22.98%	-	5.39%
Free Cash Flow	1.18B	1.27B	1.03B	1.16B	1.45B	1.73B
No. Analysts	-	-	-	-	-	21

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	12.3B
Avg	12.3B
Low	12.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	5.4%
Avg	4.8%
Low	4.1%

EPS Forecast

EPS	2026	2027	2028
High	8.57
Avg	8.43
Low	8.25

EPS Growth

EPS Growth	2026	2027	2028
High	35.8%
Avg	33.6%
Low	30.8%