Hershey Stock Forecast

Stock Price Forecast

The 17 analysts that cover Hershey stock have a consensus rating of "Hold" and an average price target of $217.06, which forecasts a 17.33% increase in the stock price over the next year. The lowest target is $185 and the highest is $255.

Price Target: $217.06 (+17.33%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$185	$217.06	$215	$255
Change	0.00%	+17.33%	+16.22%	+37.84%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	1	1	1	1	1	1
Buy	0	1	2	2	2	3
Hold	14	14	14	12	13	14
Sell	2	2	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	18	18	15	16	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Megan Clapp Morgan Stanley	Morgan Stanley	Buy Maintains $247 → $227	Buy	Maintains	$247 → $227	+22.70%	Apr 23, 2026
Matthew Smith Stifel	Stifel	Hold Maintains $230 → $215	Hold	Maintains	$230 → $215	+16.22%	Apr 21, 2026
Thomas Palmer JP Morgan	JP Morgan	Hold Maintains $230 → $211	Hold	Maintains	$230 → $211	+14.05%	Apr 20, 2026
Andrew Lazar Barclays	Barclays	Hold Maintains $240 → $225	Hold	Maintains	$240 → $225	+21.62%	Apr 14, 2026
Rob Dickerson BTIG	BTIG	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Apr 14, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

12.37B

from 11.69B

5.75%

from 11.69B

Revenue Next Year

12.70B

from 12.37B

2.68%

from 12.37B

EPS This Year

8.52

from 4.34

96.23%

from 4.34

EPS Next Year

9.99

from 8.52

17.25%

from 8.52

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	8.97B	10.42B	11.16B	11.20B	11.69B	12.37B	12.70B
Revenue Growth	10.08%	16.14%	7.16%	0.33%	4.38%	5.75%	2.68%
EPS	7.11	7.96	9.06	10.92	4.34	8.52	9.99
EPS Growth	16.37%	11.96%	13.82%	20.53%	-60.26%	96.23%	17.25%
Forward PE	-	-	-	-	-	21.72	18.53
No. Analysts	-	-	-	-	-	26	26

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

Revenue Forecast

Revenue	2026	2027
High	12.9B	13.4B
Avg	12.4B	12.7B
Low	11.9B	12.2B

Revenue Growth

Revenue Growth	2026	2027
High	10.7%	8.7%
Avg	5.8%	2.7%
Low	2.2%	-1.5%

EPS Forecast

EPS	2026	2027
High	9.84	10.97
Avg	8.52	9.99
Low	8.04	9.11

EPS Growth

EPS Growth	2026	2027
High	126.8%	28.8%
Avg	96.2%	17.2%
Low	85.2%	7.0%

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 sources.