69/100BHershey Company (The) stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Hershey Company (The) is 188.17, 7.5% above the current price of 175.09. Their targets range from 170.00 to 225.00.
Of the 16 firms that rated Hershey Company (The) in the past 12 months, 4 rate it buy or strong buy, 12 hold and 0 sell or strong sell (each firm at its latest rating): a Hold consensus.
Analysts' 1-year price targets range from 170.00 to 225.00, with an average of 188.17.
| Buy | 4 | |
| Hold | 12 | |
| Sell | 0 |
12-month price target
| Highest target | 225.00 |
| Average target | 188.17 |
| Lowest target | 170.00 |
| Current price | 175.09 |
Hershey Company (The) price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Hershey Company (The) price target and rating?
How analysts rate Hershey Company (The), month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
4 of 16 firms rate it buy now, against 2 of 17 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Hershey Company (The) analyst upgrades, downgrades and price targets
The latest rating change came on 30 October 2026, when TD Cowen downgraded Hershey Company (The) from Buy to Hold. The most recent new target came from D.A. Davidson on 30 October 2026: 170.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 30 Oct 2026 | D.A. Davidson Matt Curtis | — | 190.00 → 170.00 | -10.5% | 164.54 |
| 30 Oct 2026 | Wells Fargo | Reiterated · Equal Weight | 160.00 → 170.00 | +6.3% | 160.28 |
| 30 Oct 2026 | Wells Fargo Chris Carey | — | 190.00 → 160.00 | -15.8% | 160.28 |
| 30 Oct 2026 | Goldman Sachs Leah Jordan | — | 240.00 → 194.00 | -19.2% | 160.28 |
| 30 Oct 2026 | Deutsche Bank | — | 191.00 → 173.00 | -9.4% | 160.28 |
| 30 Oct 2026 | TD Cowen | Downgraded · Buy → Hold | — | — | — |
| 16 Oct 2026 | Barclays | Reiterated · Equal Weight | 200.00 → 178.00 | -11.0% | 168.68 |
| 15 Oct 2026 | UBS | — | 236.00 → 178.00 | -24.6% | 167.92 |
| 14 Oct 2026 | Jefferies Scott Marks | — | 190.00 → 178.00 | -6.3% | 163.05 |
| 21 Aug 2026 | RBC Capital | Reiterated · Sector Perform | 206.00 | — | 187.84 |
| 3 Aug 2026 | Barclays | Reiterated · Equal Weight | 208.00 → 200.00 | -3.8% | 175.05 |
| 31 Jul 2026 | Bernstein Alexia Howard | — | 250.00 → 201.00 | -19.6% | 174.83 |
| 31 Jul 2026 | D.A. Davidson | — | 208.00 → 190.00 | -8.7% | 174.91 |
| 31 Jul 2026 | Deutsche Bank | — | 188.00 → 191.00 | +1.6% | 177.20 |
| 31 Jul 2026 | Wells Fargo | Reiterated · Equal Weight | 182.00 → 190.00 | +4.4% | 177.23 |
| 23 Jul 2026 | Evercore ISI | Reiterated · Outperform | 255.00 → 225.00 | -11.8% | 170.25 |
| 21 Jul 2026 | Barclays Andrew Lazar | Reiterated · Equal Weight | 220.00 → 208.00 | -5.5% | 171.70 |
| 16 Jul 2026 | Jefferies | — | 181.00 → 190.00 | +5.0% | 170.27 |
| 9 Jul 2026 | Piper Sandler | Reiterated · Overweight | 249.00 → 200.00 | -19.7% | 174.41 |
| 27 May 2026 | Evercore ISI | Upgraded · In Line → Outperform | 250.00 → 255.00 | +2.0% | 191.12 |
| 20 May 2026 | Mizuho Securities John Baumgartner | Reiterated · Neutral | 195.00 → 185.00 | -5.1% | 192.80 |
| 4 May 2026 | D.A. Davidson | — | 243.00 → 208.00 | -14.4% | 181.92 |
| 4 May 2026 | Barclays | Reiterated · Equal Weight | 225.00 → 220.00 | -2.2% | 182.34 |
| 1 May 2026 | Goldman Sachs | — | 267.00 → 240.00 | -10.1% | 182.34 |
| 1 May 2026 | TD Cowen | Upgraded · Hold → Buy | — | — | — |
| 23 Apr 2026 | Morgan Stanley | Reiterated · Overweight | 238.00 → 227.00 | -4.6% | 188.65 |
| 21 Apr 2026 | Stifel Nicolaus Matthew Smith | Reiterated · Hold | 230.00 → 215.00 | -6.5% | 191.45 |
| 14 Apr 2026 | Barclays | Reiterated · Equal Weight | 240.00 → 225.00 | -6.3% | 197.93 |
| 25 Feb 2026 | Piper Sandler Michael Lavery | — | 213.00 → 249.00 | +16.9% | 226.94 |
| 24 Feb 2026 | Mizuho Securities | Reiterated · Neutral | 195.00 | — | 226.07 |
| 12 Feb 2026 | Stephens | — | 260.00 | — | 230.61 |
| 6 Feb 2026 | Morgan Stanley | — | 214.00 → 238.00 | +11.2% | 230.12 |
| 6 Feb 2026 | D.A. Davidson Brian Holland | — | 207.00 → 243.00 | +17.4% | 230.21 |
| 6 Feb 2026 | Goldman Sachs | — | 222.00 → 267.00 | +20.3% | 231.42 |
| 6 Feb 2026 | Bernstein Alexia Howard | — | 84.00 → 250.00 | +197.6% | 230.98 |
| 6 Feb 2026 | Evercore ISI David Palmer | — | 215.00 → 250.00 | +16.3% | 232.75 |
| 6 Feb 2026 | Stifel Nicolaus | Reiterated · Hold | 185.00 → 230.00 | +24.3% | 224.38 |
| 6 Feb 2026 | UBS | — | 210.00 → 236.00 | +12.4% | 224.38 |
| 6 Feb 2026 | Barclays Andrew Lazar | — | 210.00 → 240.00 | +14.3% | 224.38 |
| 2 Feb 2026 | D.A. Davidson | — | 188.00 → 207.00 | +10.1% | 194.84 |
| 29 Jan 2026 | Deutsche Bank | — | 188.00 | — | 194.54 |
| 28 Jan 2026 | Morgan Stanley Megan Alexander Clapp | — | 211.00 → 214.00 | +1.4% | 190.67 |
| 26 Jan 2026 | Bernstein Alexia Howard | — | 84.00 | — | 189.20 |
| 16 Jan 2026 | Barclays | — | 188.00 → 210.00 | +11.7% | 198.37 |
| 14 Jan 2026 | UBS | Reiterated · Neutral | 190.00 → 210.00 | +10.5% | 195.73 |
| 7 Jan 2026 | Piper Sandler | Upgraded · Neutral → Overweight | — | — | — |
| 6 Jan 2026 | Piper Sandler | — | 193.00 → 213.00 | +10.4% | 179.28 |
| 5 Jan 2026 | Wells Fargo Chris Carey | Upgraded · Underweight → Equal Weight | 182.00 | — | 182.41 |
| 19 Dec 2025 | Piper Sandler | Reiterated · Neutral | 180.00 → 193.00 | +7.2% | 188.16 |
| 15 Dec 2025 | Morgan Stanley | Upgraded · Equal Weight → Overweight | 195.00 → 211.00 | +8.2% | 181.83 |
Hershey Company (The) EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Hershey Company (The)'s EPS to grow 32.6% a year until 2028. Over the last 5 years it fell 6.6% a year, and over the last 3 years it fell 18.3%.
Analysts expect Hershey Company (The)'s revenue to grow 3.2% a year until 2028. Over the last 5 years it grew 7.5% a year, and over the last 3 years 3.9%.
Revenue
EPS
Does Hershey Company (The) beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 16.1% off the result, either way, and their revenue estimate 3.3%, over the last 12 quarters.
- EPS beats
- 86 / 136
- Revenue beats
- 89 / 120
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +12.7%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 29 Oct 2026 | 2.11 | 2.64 | +25.1% | 3.25B | 3.28B | +0.8% |
| Q2 FY2026 | 30 Jul 2026 | 1.43 | 1.90 | +32.9% | 2.63B | 2.79B | +5.8% |
| Q1 FY2026 | 30 Apr 2026 | 2.04 | 2.35 | +15.2% | 3.03B | 3.10B | +2.5% |
| Q4 FY2025 | 5 Feb 2026 | 1.40 | 1.71 | +22.1% | 2.98B | 3.09B | +3.7% |
| Q3 FY2025 | 30 Oct 2025 | 1.07 | 1.30 | +21.5% | 3.12B | 3.18B | +2.0% |
| Q2 FY2025 | 30 Jul 2025 | 0.99 | 1.21 | +21.9% | 2.52B | 2.61B | +3.6% |
| Q1 FY2025 | 1 May 2025 | 1.94 | 2.09 | +7.7% | 2.79B | 2.81B | +0.5% |
| Q4 FY2024 | 6 Feb 2025 | 2.40 | 2.69 | +12.1% | 2.84B | 2.89B | +1.7% |
| Q3 FY2024 | 7 Nov 2024 | 2.56 | 2.34 | -8.6% | 3.08B | 2.99B | -2.9% |
| Q2 FY2024 | 1 Aug 2024 | 1.44 | 1.27 | -11.8% | 2.30B | 2.07B | -9.9% |
| Q1 FY2024 | 3 May 2024 | 2.76 | 3.07 | +11.2% | 3.11B | 3.25B | +4.5% |
| Q4 FY2023 | 8 Feb 2024 | 1.95 | 2.02 | +3.6% | 2.72B | 2.66B | -2.2% |
Hershey Company (The) stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Hershey Company (The)'s earnings grow at the 17.0% a year analysts expect to FY2028, then 15.0% a year, it would earn about 13.37 a share in FY2030. At the P/E it has traded at over the last five years (15.4 to 41.9) that is 206.37 to 560.53 a share, or 342.08 at its average P/E of 25.6. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 8.69 | 134.09 | 222.26 | 364.20 |
| FY2027 | 9.45 | 145.86 | 241.78 | 396.19 |
| FY2028 | 10.11 | 156.04 | 258.66 | 423.84 |
| FY2029 (extrapolated) | 11.62 | 179.45 | 297.46 | 487.42 |
| FY2030 (extrapolated) | 13.37 | 206.37 | 342.08 | 560.53 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (15.4, 25.6, 41.9).
Is Hershey Company (The) stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Hershey Company (The)'s P/E of 19.7 is near the bottom of its 5-year range (14.6 to 54.3, median 24.6). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Fair value is not a reliable guide for Hershey Company (The): its earnings swing (EPS fell 60.3% in FY2025), so its usual P/E would mislead. Its forward P/E, on the consensus for FY2026, is 20.2.
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 19.65
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 24.58
- Five-year P/E range
- 14.6 – 54.3
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 20.16
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.16
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +7.5%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.