The Hershey Company (HSY)
NYSE: HSY · Real-Time Price · USD
169.82
-1.01 (-0.59%)
Oct 19, 2026, 9:49 AM EDT - Market open

Hershey Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Hershey stock has a consensus rating of "Buy" and an average price target of $198. The average 1-year stock price forecast is 16.59% higher than the current stock price, while the lowest is $170 (+0.11%) and the highest is $250 (+47.21%).

Price Target: $198 (+16.59%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$170$198$190$250
Change+0.11%+16.59%+11.88%+47.21%

Analyst Ratings

The average analyst rating for Hershey stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy556666
Buy432222
Hold141414141414
Sell000000
Strong Sell111111
Total242323232323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Reiterates
$200 → $178
HoldReiterates$200 → $178+4.82%Oct 16, 2026
J.P. Morgan
J.P. Morgan
Hold
Reiterates
$193 → $183
HoldReiterates$193 → $183+7.76%Oct 15, 2026
UBS
UBS
Hold
Reiterates
$198 → $178
HoldReiterates$198 → $178+4.82%Oct 15, 2026
Bernstein
Bernstein
Hold
Maintains
$201
HoldMaintains$201+18.36%Oct 14, 2026
TD Cowen
TD Cowen
Buy
Maintains
$210 → $198
BuyMaintains$210 → $198+16.59%Oct 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
12.28B
from 11.69B
Increased by 5.05%
Revenue Next Year
12.59B
from 12.28B
Increased by 2.49%
EPS This Year
8.48
from 6.31
Increased by 34.45%
EPS Next Year
9.84
from 8.48
Increased by 16.03%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
8.97B10.42B11.16B11.20B11.69B12.28B
Revenue Growth
10.08%16.14%7.16%0.33%4.38%5.05%
Gross Profit
4.05B4.50B5.00B5.31B3.92B5.01B
Gross Margin
45.19%43.18%44.77%47.42%33.55%40.79%
Operating Income
2.06B2.25B2.54B2.99B1.47B2.51B
Net Income
1.48B1.64B1.86B2.22B883.26M1.72B
EPS
----6.318.48
EPS Growth
-----32.66%34.45%
Forward PE
25.6526.1718.9420.3528.4720.02
Dividend / Share
3.413.874.465.485.485.78
Dividend Growth
8.12%13.61%15.02%22.98%-5.39%
Free Cash Flow
----1.82B1.76B
No. Analysts
-----20
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High12.4B
Avg12.3B
Low12.2B

Revenue Growth

Revenue Growth202620272028
High
5.9%
Avg
5.0%
Low
4.3%

EPS Forecast

EPS202620272028
High8.61
Avg8.48
Low8.36

EPS Growth

EPS Growth202620272028
High
36.5%
Avg
34.5%
Low
32.4%