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 $209.14. The average 1-year stock price forecast is 14.04% higher than the current stock price, while the lowest is $166 (-9.48%) and the highest is $255 (+39.05%).

Price Target: $209.14 (+14.04%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$166	$209.14	$208	$255
Change	-9.48%	+14.04%	+13.42%	+39.05%

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

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	3	3	3	5	5	6
Buy	3	3	4	4	3	2
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
Nik Modi RBC Capital	RBC Capital	Hold Maintains $212	Hold	Maintains	$212	+15.60%	Jul 28, 2026
David Palmer Evercore ISI	Evercore ISI	Buy Maintains $255 → $225	Buy	Maintains	$255 → $225	+22.69%	Jul 23, 2026
Matthew Smith, CFA Stifel Nicolaus	Stifel Nicolaus	Hold Maintains $215 → $180	Hold	Maintains	$215 → $180	-1.85%	Jul 22, 2026
Andrew Lazar Barclays	Barclays	Hold Reiterates $220 → $208	Hold	Reiterates	$220 → $208	+13.42%	Jul 21, 2026
Alexia Burland Howard Bernstein	Bernstein	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jul 17, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

12.24B

from 11.69B

4.72%

from 11.69B

Revenue Next Year

12.59B

from 12.24B

2.82%

from 12.24B

EPS This Year

8.42

from 6.31

33.50%

from 6.31

EPS Next Year

9.86

from 8.42

17.02%

from 8.42

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	12.24B
Revenue Growth	10.08%	16.14%	7.16%	0.33%	4.38%	4.72%
Gross Profit	4.05B	4.50B	5.00B	5.31B	3.92B	5.02B
Gross Margin	45.19%	43.18%	44.77%	47.42%	33.55%	41.04%
Operating Income	2.06B	2.25B	2.54B	2.99B	1.47B	2.50B
Net Income	1.48B	1.64B	1.86B	2.22B	883.26M	1.68B
EPS	-	-	-	-	6.31	8.42
EPS Growth	-	-	-	-	-32.66%	33.50%
Forward PE	25.65	26.17	18.94	20.35	28.47	21.77
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

Chart

Revenue	2026	2027	2028
High	12.3B
Avg	12.2B
Low	12.1B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	5.4%
Avg	4.7%
Low	3.8%

EPS Forecast

Chart

EPS	2026	2027	2028
High	8.58
Avg	8.42
Low	8.25

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	36.0%
Avg	33.5%
Low	30.8%