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 $180.9. The average 1-year stock price forecast is 2.53% higher than the current stock price, while the lowest is $154 (-12.71%) and the highest is $230 (+30.36%).

Price Target: $180.9 (+2.53%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$154	$180.9	$173	$230
Change	-12.71%	+2.53%	-1.94%	+30.36%

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

Chart

Rating	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26	Nov '26
Strong Buy	5	6	6	6	5	5
Buy	3	2	2	2	2	2
Hold	14	14	14	14	15	15
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	23	23	23	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Galbo Bank of America Securities	Bank of America Securities	Hold Maintains $170	Hold	Maintains	$170	-3.64%	Nov 10, 2026
Alexia Burland Howard Bernstein	Bernstein	Hold Reiterates $169	Hold	Reiterates	$169	-4.21%	Nov 3, 2026
Andrew Lazar Barclays	Barclays	Hold Maintains $178 → $171	Hold	Maintains	$178 → $171	-3.08%	Nov 2, 2026
Robert Moskow TD Cowen	TD Cowen	Hold Downgrades $198 → $173	Hold	Downgrades	$198 → $173	-1.94%	Nov 2, 2026
Thomas Palmer J.P. Morgan	J.P. Morgan	Hold Maintains $183 → $166	Hold	Maintains	$183 → $166	-5.91%	Oct 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

12.29B

from 11.69B

5.08%

from 11.69B

Revenue Next Year

12.55B

from 12.29B

2.17%

from 12.29B

EPS This Year

8.66

from 6.31

37.32%

from 6.31

EPS Next Year

9.47

from 8.66

9.29%

from 8.66

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	12.29B
Revenue Growth	10.08%	16.14%	7.16%	0.33%	4.38%	5.08%
Gross Profit	4.05B	4.50B	5.00B	5.31B	3.92B	5.01B
Gross Margin	45.19%	43.18%	44.77%	47.42%	33.55%	40.74%
Operating Income	2.06B	2.25B	2.54B	2.99B	1.47B	2.54B
Net Income	1.48B	1.64B	1.86B	2.22B	883.26M	1.76B
EPS	-	-	-	-	6.31	8.66
EPS Growth	-	-	-	-	-32.66%	37.32%
Forward PE	25.65	26.17	18.94	20.35	28.47	20.36
Dividend / Share	3.41	3.87	4.46	5.48	5.48	5.74
Dividend Growth	8.12%	13.61%	15.02%	22.98%	-	4.82%
Free Cash Flow	-	-	-	-	1.82B	1.87B
No. Analysts	-	-	-	-	-	21

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

Revenue Forecast

Chart

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

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	5.4%
Avg	5.1%
Low	4.6%

EPS Forecast

Chart

EPS	2026	2027	2028
High	8.75
Avg	8.66
Low	8.38

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	38.7%
Avg	37.3%
Low	32.8%