Hershey (HSY) Stock Forecast & Price Target

$184.88 +2.87 (+1.58%)

Closing price 05/5/2026 03:59 PM Eastern

Extended Trading

$184.50 -0.38 (-0.21%)

As of 05/5/2026 08:00 PM Eastern

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Hershey - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 23 Analyst Ratings

Sell
0

Hold
16

Buy
7

Based on 23 Wall Street analysts who have issued ratings for Hershey in the last 12 months, the stock has a consensus rating of "Hold." Out of the 23 analysts, 16 have given a hold rating, and 7 have given a buy rating for HSY.

Consensus Price Target

$218.33
18.10% Upside

According to the 23 analysts' twelve-month price targets for Hershey, the average price target is $218.33. The highest price target for HSY is $260.00, while the lowest price target for HSY is $185.00. The average price target represents a forecasted upside of 18.10% from the current price of $184.88.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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HSY Analyst Ratings Over Time

Type	Current Forecast 5/6/25 to 5/6/26	1 Month Ago 4/6/25 to 4/6/26	3 Months Ago 2/5/25 to 2/5/26	1 Year Ago 5/6/24 to 5/6/25
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	0 Buy rating(s)
Hold	16 Hold rating(s)	16 Hold rating(s)	16 Hold rating(s)	15 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	5 Sell rating(s)
Consensus Price Target	$218.33	$222.21	$194.84	$161.40
Forecasted Upside	18.10% Upside	6.92% Upside	-13.01% Downside	-5.06% Downside
Consensus Rating	Hold	Hold	Hold	Reduce

HSY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HSY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Hershey Stock vs. The Competition

Type	Hershey	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.30	2.13	2.52
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	17.31% Upside	1,057.74% Upside	14.60% Upside
News Sentiment Rating	Neutral News See Recent HSY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
5/4/2026	Barclays 3 of 5 stars	Andrew Lazar 1 of 5 stars	Lower Target	Equal Weight	$225.00 ➝ $220.00	+20.66%
5/4/2026	DA Davidson 2 of 5 stars	Brian Holland Not Rated	Lower Target	Neutral	$230.00 ➝ $208.00	+14.50%
5/1/2026	The Goldman Sachs Group 3 of 5 stars		Set Target		$240.00	+31.63%
5/1/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Robert Moskow Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy	$210.00	+13.03%
5/1/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Peter Grom Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$215.00 ➝ $200.00	+9.69%
5/1/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Thomas Palmer Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$211.00 ➝ $204.00	+12.11%
5/1/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Chris Carey Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$220.00 ➝ $200.00	+7.17%
4/23/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Megan Clapp Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$247.00 ➝ $227.00	+20.25%
4/21/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold (C)
4/21/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew Smith Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$230.00 ➝ $215.00	+12.13%

4/13/2026	BTIG Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Rob Dickerson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Neutral
4/7/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
3/30/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Steve Powers Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$212.00 ➝ $200.00	-6.53%
2/25/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Lavery Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight	$249.00	+10.25%
2/24/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Baumgartner Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$165.00 ➝ $195.00	-13.86%
2/12/2026	Stephens Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Overweight	$200.00 ➝ $260.00	+12.11%
2/6/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alexia Howard Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Market Perform	$250.00	+7.55%
2/6/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Palmer Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform
2/3/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Nik Modi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Sector Perform	$185.00	-9.21%
2/2/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Scott Marks Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$185.00 ➝ $207.00	+4.63%
12/19/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Peter Galbo Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$200.00 ➝ $210.00	+10.58%
11/26/2025	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold
9/15/2025	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
4/15/2025	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	T. Palmer Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$173.00 ➝ $165.00	-3.18%
2/5/2025	Bernstein Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Market Perform	$177.00 ➝ $146.00	+0.57%
10/22/2024	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bingqing Zhu Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Sell	$165.00	-10.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:28 AM ET.

Should I Buy Hershey Stock? HSY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 30, 2026. Please send any questions or comments about these Hershey pros and cons to contact@marketbeat.com.

Hershey
Bull Case

Here are some ways that investors could benefit from investing in The Hershey Company:

The current stock price is around $191.60, which may present a buying opportunity for investors looking for growth in the confectionery sector.
The Hershey Company recently reported strong quarterly earnings, exceeding consensus estimates, indicating robust financial health and operational efficiency.
With a market capitalization of approximately $38.84 billion, The Hershey Company is a significant player in the snack and confectionery market, providing stability and potential for long-term growth.
The company has a history of increasing dividends, with a recent quarterly dividend of $1.452 per share, reflecting a commitment to returning value to shareholders.
Analysts have a consensus rating of "Hold" with several firms issuing "Buy" ratings, suggesting confidence in the company's future performance.

Hershey
Bear Case

Investors should be bearish about investing in The Hershey Company for these reasons:

If management struggles to convert lower input costs into margin expansion, it could limit potential upside for investors.
There are concerns about potential weakening in consumer demand, which could negatively impact sales and profitability.
The company's high price-to-earnings ratio, currently around 44.15, may indicate that the stock is overvalued compared to its earnings, posing a risk for new investors.
With a debt-to-equity ratio of 1.01, The Hershey Company carries a moderate level of debt, which could affect financial flexibility in challenging economic conditions.
Recent price target adjustments by analysts, including a reduction from $212.00 to $200.00, may signal caution regarding the stock's near-term performance.

HSY Forecast - Frequently Asked Questions

: According to the research reports of 23 Wall Street equities research analysts, the average twelve-month stock price forecast for Hershey is $218.33, with a high forecast of $260.00 and a low forecast of $185.00.
: 23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 16 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HSY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HSY, but not buy additional shares or sell existing shares.
: According to analysts, Hershey's stock has a predicted upside of 18.10% based on their 12-month stock forecasts.
: Over the previous 90 days, Hershey's stock had 1 upgrade and 1 downgrade by analysts.
: Hershey has been rated by research analysts at Barclays, BTIG Research, DA Davidson, Deutsche Bank Aktiengesellschaft, Evercore, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Piper Sandler, Sanford C. Bernstein, Stephens, Stifel Nicolaus, TD Cowen, The Goldman Sachs Group, UBS Group, Weiss Ratings, Wells Fargo & Company, and Zacks Research in the past 90 days.
: Analysts like Hershey more than other "consumer staples" companies. The consensus rating score for Hershey is 2.30 while the average consensus rating score for "consumer staples" companies is 2.13. Learn more on how HSY compares to other companies.

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This page (NYSE:HSY) was last updated on 5/6/2026 by MarketBeat.com Staff.

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Hershey (HSY) Stock Forecast & Price Target

Hershey - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

HSY Analyst Ratings Over Time

HSY Analyst Recommendations By Month

HSY Price Targets by Month

Hershey Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Hershey Stock? HSY Pros and Cons Explained

Hershey
Bull Case

Hershey
Bear Case

HSY Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Hershey Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

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Hershey (HSY) Stock Forecast & Price Target

Hershey - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

HSY Analyst Ratings Over Time

HSY Analyst Recommendations By Month

HSY Price Targets by Month

Hershey Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Hershey Stock? HSY Pros and Cons Explained

Hershey Bull Case

Hershey Bear Case

HSY Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Hershey Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Hershey
Bull Case

Hershey
Bear Case