Hawaiian Electric Industries, Inc. (HE)
NYSE: HE · Real-Time Price · USD
16.15
+0.16 (1.00%)
Mar 3, 2026, 12:05 PM EST - Market open

HE Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for HE stock have an average target of 13.25, with a low estimate of 12.5 and a high estimate of 14. The average target predicts a decrease of -17.96% from the current stock price of 16.15.

Analyst Consensus: Sell
Target Low Average Median High
Price $12.5 $13.25 $14 $14
Change -22.60% -17.96% -13.31% -13.31%

Analyst Ratings

The average analyst rating for HE stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy 000000
Buy 000000
Hold 443221
Sell 000111
Strong Sell 000000
Total 443332

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Maintains
$13$14
Hold Maintains $13$14 -13.31% Mar 2, 2026
Barclays
Barclays
Hold
Maintains
$11$13
Hold Maintains $11$13 -19.50% Jan 26, 2026
Jefferies
Jefferies
Sell
Downgrades
$14$13
Sell Downgrades $14$13 -22.60% Jan 20, 2026
Barclays
Barclays
Hold
Maintains
$10$11
Hold Maintains $10$11 -31.89% Jan 15, 2026
Jefferies
Jefferies
Hold
Maintains
$12$12
Hold Maintains $12$12 -25.70% Dec 3, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
3.70B
from 3.09B
Increased by 19.86%
Revenue Next Year
3.79B
from 3.70B
Increased by 2.43%
EPS This Year
1.01
from 0.71
Increased by 41.69%
EPS Next Year
1.02
from 1.01
Increased by 1.36%
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
2.85B3.42B3.29B3.22B3.09B3.70B3.79B
Revenue Growth
10.49%20.02%-3.90%-2.06%-4.13%19.86%2.43%
EPS
2.252.201.82-11.240.711.011.02
EPS Growth
24.31%-2.28%-17.42%--41.69%1.36%
Forward PE
-----16.0515.84
No. Analysts -----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2026202720282029
High 4.0B 4.1B
Avg 3.7B 3.8B
Low 3.3B 3.4B

Revenue Growth

Revenue Growth 2026202720282029
High
29.0%
10.7%
Avg
19.9%
2.4%
Low
8.0%
-7.6%

EPS Forecast

EPS 2026202720282029
High 1.07 1.19
Avg 1.01 1.02
Low 0.89 0.75

EPS Growth

EPS Growth 2026202720282029
High
50.8%
17.9%
Avg
41.7%
1.4%
Low
25.6%
-25.0%
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 disclaimer.