Hershey Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Hershey stock have an average target of 179.83, with a low estimate of 134 and a high estimate of 222. The average target predicts a decrease of -1.35% from the current stock price of 182.30.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$134	$179.83	$185	$222
Change	-26.49%	-1.35%	+1.48%	+21.78%

Analyst Ratings

The average analyst rating for Hershey stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	0	0	1	1	1	1
Buy	0	0	0	0	0	0
Hold	15	14	14	14	14	15
Sell	3	3	3	2	2	2
Strong Sell	2	1	1	0	0	0
Total	20	18	19	17	17	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Megan Alexander Morgan Stanley	Morgan Stanley	Hold Maintains $184 → $195	Hold	Maintains	$184 → $195	+6.97%	Dec 4, 2025
Scott Marks Jefferies	Jefferies	Hold Initiates $181	Hold	Initiates	$181	-0.71%	Dec 4, 2025
Michael Lavery Piper Sandler	Piper Sandler	Hold Maintains $167 → $180	Hold	Maintains	$167 → $180	-1.26%	Nov 21, 2025
Brian Holland DA Davidson	DA Davidson	Hold Maintains $188 → $185	Hold	Maintains	$188 → $185	+1.48%	Nov 10, 2025
Robert Moskow TD Cowen	TD Cowen	Hold Maintains $204 → $200	Hold	Maintains	$204 → $200	+9.71%	Oct 31, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

11.68B

from 11.20B

4.29%

from 11.20B

Revenue Next Year

12.11B

from 11.68B

3.63%

from 11.68B

EPS This Year

6.04

from 10.92

-44.64%

from 10.92

EPS Next Year

6.94

from 6.04

14.78%

from 6.04

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	8.15B	8.97B	10.42B	11.16B	11.20B	11.68B	12.11B
Revenue Growth	2.05%	10.08%	16.14%	7.16%	0.33%	4.29%	3.63%
EPS	6.11	7.11	7.96	9.06	10.92	6.04	6.94
EPS Growth	11.91%	16.37%	11.96%	13.82%	20.53%	-44.64%	14.78%
Forward PE	-	-	-	-	-	30.16	26.28
No. Analysts	-	-	-	-	-	25	25

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

Revenue Forecast

Revenue	2025	2026
High	12.2B	12.8B
Avg	11.7B	12.1B
Low	11.3B	11.6B

Revenue Growth

Revenue Growth	2025	2026
High	8.9%	9.8%
Avg	4.3%	3.6%
Low	0.9%	-1.1%

EPS Forecast

EPS	2025	2026
High	6.39	9.10
Avg	6.04	6.94
Low	5.80	6.21

EPS Growth

EPS Growth	2025	2026
High	-41.4%	50.6%
Avg	-44.6%	14.8%
Low	-46.9%	2.8%

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.