Hess (HES) Stock Forecast, Price Target & Predictions


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HES Stock Forecast


Hess stock forecast is as follows: an average price target of $141.36 (represents a 0.73% upside from HES’s last price of $140.34) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

HES Price Target


The average price target for Hess (HES) is $141.36 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $205.00 to $86.00. This represents a potential 0.73% upside from HES's last price of $140.34.

HES Analyst Ratings


Buy

According to 9 Wall Street analysts, Hess's rating consensus is 'Buy'. The analyst rating breakdown for HES stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 4 'Hold' (44.44%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Hess Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 04, 2024Phillip JungwirthBMO Capital$160.00$140.8713.58%14.01%
Oct 01, 2024Ryan ToddPiper Sandler$167.00$138.3720.69%19.00%
Sep 30, 2024Doug LeggateWolfe Research$150.00$134.5911.45%6.88%
Aug 02, 2024Justin JenkinsRaymond James$174.00$141.2323.20%23.98%
Jul 22, 2024Biju PerincherilSusquehanna$166.00$151.479.59%18.28%
Mar 20, 2024Nitin KumarMizuho Securities$205.00$149.3337.28%46.07%
Jan 10, 2023-Wells Fargo$162.00$144.8711.82%15.43%
Dec 19, 2022-Piper Sandler$156.00$133.0117.28%11.16%
Dec 07, 2022-Barclays$155.00$135.6114.30%10.45%
Nov 11, 2022-Piper Sandler$164.00$139.8417.28%16.86%
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The latest Hess stock forecast, released on Oct 04, 2024 by Phillip Jungwirth from BMO Capital, set a price target of $160.00, which represents a 13.58% increase from the stock price at the time of the forecast ($140.87), and a 14.01% increase from HES last price ($140.34).

Hess Price Target by Period


1M3M12M
# Anlaysts356
Avg Price Target$159.00$163.40$170.33
Last Closing Price$140.34$140.34$140.34
Upside/Downside13.30%16.43%21.37%

In the current month, the average price target of Hess stock is $159.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 13.30% increase as opposed to Hess's last price of $140.34. This month's average price target is down -2.69% compared to last quarter, and down -6.65% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 04, 2024BMO CapitalOutperformOutperformHold
Oct 01, 2024Piper SandlerOverweightOverweightHold
Sep 30, 2024Wolfe ResearchPeer PerformOutperformUpgrade
Aug 02, 2024BernsteinOutperformMarket PerformDowngrade
Jul 22, 2024SusquehannaNeutralNeutralHold
Jul 17, 2024Wolfe ResearchOutperformPeer PerformInitialise
Jun 05, 2024CitigroupNeutralNeutralHold
Apr 18, 2024Piper SandlerOverweightOverweightHold
Feb 26, 2024HSBCNeutralNeutralHold
Oct 17, 2023BernsteinOutperformOutperformHold
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Hess's last stock rating was published by BMO Capital on Oct 04, 2024. The company gave HES a "Outperform" rating, the same as its previous rate.

Hess Financial Forecast


Hess Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$3.01B$2.80B$2.29B$2.41B$2.93B$3.12B-$2.31B$2.24B$1.76B$1.58B$1.90B$1.32B$1.16B$833.00M$1.35B$1.68B$1.58B
Avg Forecast$5.00B$4.78B$4.57B$4.37B$3.46B$3.39B$3.14B$3.03B$3.05B$3.04B$3.27B$2.98B$2.78B$2.64B$2.32B$2.47B$2.70B$2.79B$2.61B$2.01B$1.92B$1.52B$1.49B$1.62B$1.16B$1.17B$950.64M$1.42B$1.54B$1.52B
High Forecast$5.00B$4.78B$4.57B$4.37B$3.46B$3.39B$3.14B$3.03B$3.05B$3.10B$3.27B$2.98B$2.92B$2.98B$2.32B$2.47B$2.70B$2.79B$2.61B$2.12B$2.02B$1.61B$1.58B$1.71B$1.23B$1.24B$1.00B$1.50B$1.63B$1.61B
Low Forecast$5.00B$4.78B$4.57B$4.37B$3.46B$3.39B$3.14B$3.03B$3.05B$2.95B$3.27B$2.98B$2.69B$2.11B$2.32B$2.47B$2.70B$2.79B$2.61B$1.90B$1.81B$1.44B$1.41B$1.53B$1.10B$1.11B$898.96M$1.34B$1.46B$1.44B
# Analysts33334444363241159544865585510744
Surprise %------------1.08%1.06%0.99%0.98%1.09%1.12%-1.15%1.17%1.16%1.06%1.17%1.14%0.99%0.88%0.95%1.09%1.04%

Hess's average Quarter revenue forecast for Mar 24 based on 2 analysts is $2.98B, with a low forecast of $2.98B, and a high forecast of $2.98B. HES's average Quarter revenue forecast represents a -0.91% decrease compared to the company's last Quarter revenue of $3.01B (Dec 23).

Hess EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334444363241159544865585510744
EBITDA------------$1.34B$1.43B$1.07B$1.22B$1.56B$1.54B-$1.14B$996.00M$732.00M$552.00M$492.00M$2.17B$-120.00M$-210.00M$-2.40B$-8.00M$-6.00M
Avg Forecast$2.28B$2.18B$2.09B$2.00B$1.58B$1.55B$1.43B$1.38B$1.39B$1.39B$1.49B$1.10B$1.27B$1.21B$1.06B$1.00B$897.78M$1.27B$1.19B$912.42M$816.17M$572.87M$406.74M$404.20M$530.58M$-112.84M$-226.58M$-2.58B$-6.77M$-6.18M
High Forecast$2.28B$2.18B$2.09B$2.00B$1.58B$1.55B$1.43B$1.38B$1.39B$1.42B$1.49B$1.32B$1.33B$1.36B$1.06B$1.20B$1.08B$1.27B$1.19B$1.09B$979.40M$687.44M$488.08M$485.04M$560.53M$-90.27M$-181.26M$-2.07B$-5.42M$-4.95M
Low Forecast$2.28B$2.18B$2.09B$2.00B$1.58B$1.55B$1.43B$1.38B$1.39B$1.35B$1.49B$883.23M$1.23B$960.94M$1.06B$802.93M$718.23M$1.27B$1.19B$729.94M$652.93M$458.30M$325.39M$323.36M$501.74M$-135.40M$-271.89M$-3.10B$-8.12M$-7.42M
Surprise %------------1.05%1.19%1.01%1.21%1.74%1.21%-1.25%1.22%1.28%1.36%1.22%4.08%1.06%0.93%0.93%1.18%0.97%

2 analysts predict HES's average Quarter EBITDA for Mar 24 to be $1.10B, with a high of $1.32B and a low of $883.23M. This is -17.36% lower than Hess's previous annual EBITDA (Dec 23) of $1.34B.

Hess Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334444363241159544865585510744
Net Income------------$413.00M$504.00M$119.00M$346.00M$624.00M$515.00M-$417.00M$356.00M$115.00M$-73.00M$252.00M$-97.00M$-243.00M$-320.00M$-2.43B$-222.00M$-212.00M
Avg Forecast$942.66M$964.58M$842.17M$782.55M$799.46M$775.33M$657.92M$625.58M$647.44M$666.25M$790.99M$428.66M$448.11M$381.41M$158.80M$389.69M$238.87M$576.22M$660.02M$354.27M$217.15M$90.00M$-53.79M$207.03M$-108.76M$-228.49M$-345.26M$-2.62B$-187.85M$-218.42M
High Forecast$942.66M$964.58M$842.17M$782.55M$799.46M$775.33M$657.92M$625.58M$647.44M$796.47M$790.99M$514.39M$510.79M$622.65M$158.80M$467.63M$286.64M$576.22M$660.02M$425.12M$260.58M$108.00M$-43.03M$248.44M$-87.01M$-182.79M$-276.21M$-2.10B$-150.28M$-174.74M
Low Forecast$942.66M$964.58M$842.17M$782.55M$799.46M$775.33M$657.92M$625.58M$647.44M$545.11M$790.99M$342.93M$401.11M$195.60M$158.80M$311.75M$191.09M$576.22M$660.02M$283.41M$173.72M$72.00M$-64.55M$165.62M$-130.51M$-274.19M$-414.32M$-3.14B$-225.42M$-262.11M
Surprise %------------0.92%1.32%0.75%0.89%2.61%0.89%-1.18%1.64%1.28%1.36%1.22%0.89%1.06%0.93%0.93%1.18%0.97%

Hess's average Quarter net income forecast for Mar 24 is $428.66M, with a range of $342.93M to $514.39M. HES's average Quarter net income forecast represents a 3.79% increase compared to the company's last Quarter net income of $413.00M (Dec 23).

Hess SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334444363241159544865585510744
SG&A------------$168.00M$811.00M$655.00M$739.00M$937.00M$1.09B-$792.00M$758.00M$598.00M$406.00M$612.00M$363.00M$305.00M$145.00M$480.00M$559.00M$513.00M
Avg Forecast$1.30B$1.25B$1.19B$1.14B$901.32M$884.10M$818.48M$789.15M$795.28M$791.78M$853.00M$814.15M$724.29M$689.16M$606.00M$740.13M$683.25M$728.35M$681.36M$672.85M$621.14M$468.00M$299.16M$502.79M$407.00M$286.79M$156.45M$516.92M$473.00M$528.55M
High Forecast$1.30B$1.25B$1.19B$1.14B$901.32M$884.10M$818.48M$789.15M$795.28M$809.15M$853.00M$976.98M$760.90M$776.28M$606.00M$888.16M$819.90M$728.35M$681.36M$807.42M$745.37M$561.60M$358.99M$603.35M$488.40M$344.15M$187.74M$620.31M$567.60M$634.25M
Low Forecast$1.30B$1.25B$1.19B$1.14B$901.32M$884.10M$818.48M$789.15M$795.28M$769.44M$853.00M$651.32M$700.76M$549.32M$606.00M$592.11M$546.60M$728.35M$681.36M$538.28M$496.91M$374.40M$239.33M$402.23M$325.60M$229.43M$125.16M$413.54M$378.40M$422.84M
Surprise %------------0.23%1.18%1.08%1.00%1.37%1.50%-1.18%1.22%1.28%1.36%1.22%0.89%1.06%0.93%0.93%1.18%0.97%

Hess's average Quarter SG&A projection for Mar 24 is $814.15M, based on 2 Wall Street analysts, with a range of $651.32M to $976.98M. The forecast indicates a 384.61% rise compared to HES last annual SG&A of $168.00M (Dec 23).

Hess EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334444363241159544865585510744
EPS------------$1.34$1.64$0.39$1.13$2.04$1.67-$1.34$1.15$0.37$-0.24$0.82$-0.32$-0.79$-1.04$-7.92$-0.73$-0.67
Avg Forecast$3.06$3.13$2.73$2.54$2.59$2.51$2.13$2.03$2.10$2.16$2.57$1.71$1.45$1.24$0.52$1.03$1.63$1.87$2.14$1.12$0.73$0.25$0.14$0.33$-0.66$-0.67$-1.14$-0.63$-0.51$-0.34
High Forecast$3.06$3.13$2.73$2.54$2.59$2.51$2.13$2.03$2.10$2.58$2.57$1.71$1.66$2.02$0.52$1.03$1.63$1.87$2.14$1.21$0.78$0.27$0.15$0.36$-0.61$-0.62$-1.06$-0.58$-0.47$-0.31
Low Forecast$3.06$3.13$2.73$2.54$2.59$2.51$2.13$2.03$2.10$1.77$2.57$1.71$1.30$0.63$0.52$1.03$1.63$1.87$2.14$1.05$0.68$0.24$0.13$0.31$-0.71$-0.72$-1.22$-0.67$-0.55$-0.36
Surprise %------------0.92%1.33%0.76%1.10%1.25%0.89%-1.19%1.57%1.46%-1.66%2.46%0.48%1.18%0.91%12.63%1.43%2.01%

According to 2 Wall Street analysts, Hess's projected average Quarter EPS for Mar 24 is $1.71, with a low estimate of $1.71 and a high estimate of $1.71. This represents a 27.60% increase compared to HES previous annual EPS of $1.34 (Dec 23).

Hess Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CIVICivitas Resources$54.23$87.8862.05%Buy
APAAPA$26.89$42.9559.72%Buy
MTDRMatador Resources Company$54.08$78.0044.23%Buy
DVNDevon Energy$42.42$59.5840.45%Buy
ARAntero Resources$29.99$38.1327.14%Buy
PRPermian Resources$14.70$18.2524.15%Buy
CTRACoterra Energy$24.87$29.4718.50%Buy
EQTEQT$36.94$41.4212.13%Buy
COPConocoPhillips$114.54$123.868.14%Buy
HESHess$140.34$141.360.73%Buy
MROMarathon Oil$28.99$28.95-0.14%Buy
EOGEOG Resources$133.12$132.54-0.44%Buy
FANGDiamondback Energy$194.61$189.50-2.63%Buy
MGYMagnolia Oil & Gas$26.85$25.50-5.03%Buy

HES Forecast FAQ


Yes, according to 9 Wall Street analysts, Hess (HES) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of HES's total ratings.

Hess (HES) average price target is $141.36 with a range of $86 to $205, implying a 0.73% from its last price of $140.34. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for HES stock, the company can go up by 0.73% (from the last price of $140.34 to the average price target of $141.36), up by 46.07% based on the highest stock price target, and down by -38.72% based on the lowest stock price target.

HES's highest twelve months analyst stock price target of $205 supports the claim that Hess can reach $200 in the near future.

3 Wall Street analysts forecast a $159 price target for Hess (HES) this month, up 13.30% from its last price of $140.34. Compared to the last 3 and 12 months, the average price target increased by 16.43% and increased by 21.37%, respectively.

Hess's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $13.01B (high $13.01B, low $13.01B), average EBITDA is $5.94B (high $5.94B, low $5.94B), average net income is $2.86B (high $2.86B, low $2.86B), average SG&A $3.39B (high $3.39B, low $3.39B), and average EPS is $9.27 (high $9.27, low $9.27). HES's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $18.73B (high $18.73B, low $18.73B), average EBITDA is $8.54B (high $8.54B, low $8.54B), average net income is $3.53B (high $3.53B, low $3.53B), average SG&A $4.88B (high $4.88B, low $4.88B), and average EPS is $11.46 (high $11.46, low $11.46).

Based on Hess's last annual report (Dec 2023), the company's revenue was $10.51B, beating the average analysts forecast of $10.21B by 2.95%. Apple's EBITDA was $4.94B, beating the average prediction of $4.54B by 8.96%. The company's net income was $1.38B, beating the average estimation of $1.38B by 0.29%. Apple's SG&A was $527M, missing the average forecast of $2.76B by -80.90%. Lastly, the company's EPS was $4.49, beating the average prediction of $4.23 by 6.09%. In terms of the last quarterly report (Dec 2023), Hess's revenue was $3.01B, beating the average analysts' forecast of $2.78B by 8.44%. The company's EBITDA was $1.34B, beating the average prediction of $1.27B by 5.44%. Hess's net income was $413M, missing the average estimation of $448.11M by -7.84%. The company's SG&A was $168M, missing the average forecast of $724.29M by -76.81%. Lastly, the company's EPS was $1.34, missing the average prediction of $1.45 by -7.81%