HealthEquity (HQY) Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HealthEquity in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HQY shares.
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8 brokers have issued twelve-month target prices for HealthEquity's stock. Their HQY share price forecasts range from $72.00 to $94.00. On average, they anticipate the company's share price to reach $84.00 in the next year. This suggests a possible upside of 15.0% from the stock's current price.
View analysts price targets for HQY or view top-rated stocks among Wall Street analysts.

HealthEquity's stock was trading at $61.64 at the beginning of the year. Since then, HQY stock has increased by 18.5% and is now trading at $73.05.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
View our HQY earnings forecast.

HealthEquity, Inc. (NASDAQ:HQY) released its quarterly earnings results on Tuesday, September, 5th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.06. The firm earned $243.55 million during the quarter, compared to analysts' expectations of $238.89 million. HealthEquity had a net margin of 1.37% and a trailing twelve-month return on equity of 5.08%.

ETFs with the largest weight of HealthEquity (NASDAQ:HQY) stock in their portfolio include Motley Fool Mid-Cap Growth ETF (TMFM), SPDR S&P Health Care Services ETF (XHS), Global X FinTech Thematic ETF (FINX), Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), Nuveen Small Cap Select ETF (NSCS), Putnam Sustainable Future ETF (PFUT) and iShares U.S. Healthcare Providers ETF (IHF).

HealthEquity issued an update on its FY24 earnings guidance on Tuesday, September, 5th. The company provided EPS guidance of $1.97-$2.06 for the period, compared to the consensus EPS estimate of $1.93. The company issued revenue guidance of $980-$990 million, compared to the consensus revenue estimate of $981.09 million.

359 employees have rated HealthEquity Chief Executive Officer Jon Kessler on Glassdoor.com. Jon Kessler has an approval rating of 95% among the company's employees. This puts Jon Kessler in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 69.0% of employees surveyed would recommend working at HealthEquity to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other HealthEquity investors own include NVIDIA (NVDA), Shopify (SHOP), Block (SQ), Okta (OKTA), PayPal (PYPL), Twilio (TWLO), Trade Desk (TTD), Alibaba Group (BABA), Casino, Guichard-Perrachon Societe Anonyme (COP) and Input Capital (INP).

HealthEquity trades on the NASDAQ under the ticker symbol "HQY."

Shares of HQY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HQY stock can currently be purchased for approximately $73.05.

HealthEquity (NASDAQ:HQY) has a market capitalization of $6.25 billion and generates $861.75 million in revenue each year. The company earns $-26,140,000.00 in net income (profit) each year or $0.15 on an earnings per share basis.

The company employs 3,208 workers across the globe.

HealthEquity's mailing address is 15 WEST SCENIC POINTE DRIVE SUITE 100, DRAPER UT, 84020. The official website for the company is www.healthequity.com. The company can be reached via phone at (801) 727-1000, via email at rputnam@healthequity.com, or via fax at 801-727-1005.