Hess Midstream LP (HESM) Stock Forecast, Price Target & Predictions
HESM Stock Forecast
Hess Midstream LP stock forecast is as follows: an average price target of $34.33 (represents a -4.35% downside from HESM’s last price of $35.89) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
HESM Price Target
The average price target for Hess Midstream LP (HESM) is $34.33 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $34.00. This represents a potential -4.35% downside from HESM's last price of $35.89.
HESM Analyst Ratings
According to 5 Wall Street analysts, Hess Midstream LP's rating consensus is 'Hold'. The analyst rating breakdown for HESM stock is 0 'Strong Buy' (0.00%), 2 'Buy' (40.00%), 3 'Hold' (60.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Hess Midstream LP Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 09, 2022 | - | Citigroup | $34.00 | $28.78 | 18.14% | -5.27% |
| Apr 28, 2022 | - | Wells Fargo | $34.00 | $30.30 | 12.21% | -5.27% |
| Apr 26, 2022 | - | Morgan Stanley | $35.00 | $30.29 | 15.55% | -2.48% |
The latest Hess Midstream LP stock forecast, released on Dec 09, 2022 by Citigroup company, set a price target of $34.00, which represents a 18.14% increase from the stock price at the time of the forecast ($28.78), and a -5.27% decrease from HESM last price ($35.89).
Hess Midstream LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $35.89 | $35.89 | $35.89 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Hess Midstream LP stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hess Midstream LP's last price of $35.89. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 01, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 03, 2024 | UBS | Buy | Buy | Hold |
| Jul 12, 2023 | Citigroup | Buy | Buy | Hold |
| Jan 09, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Dec 09, 2022 | Citigroup | - | Buy | Initialise |
| Apr 28, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 26, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
Hess Midstream LP's last stock rating was published by Wells Fargo on Aug 01, 2024. The company gave HESM a "Equal-Weight" rating, the same as its previous rate.
Hess Midstream LP Financial Forecast
Hess Midstream LP Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $361.30M | $324.00M | $305.00M | $314.60M | $334.80M | - | $312.40M | $316.30M | $303.90M | $294.80M | $288.80M | $266.50M | $264.80M | $269.80M | $290.80M | $305.90M | $195.40M |
| Avg Forecast | $459.86M | $453.70M | $442.76M | $432.03M | $442.51M | $429.23M | $413.05M | $401.63M | $394.01M | $377.88M | $365.16M | $354.25M | $358.86M | $342.49M | $322.43M | $311.79M | $327.86M | $317.03M | $308.41M | $307.70M | $302.75M | $291.08M | $294.19M | $302.72M | $269.30M | $262.95M | $266.86M | $272.70M | $207.44M | $191.11M |
| High Forecast | $463.61M | $457.40M | $446.36M | $435.55M | $446.12M | $432.73M | $416.42M | $404.90M | $397.22M | $380.96M | $368.14M | $357.13M | $360.95M | $345.07M | $325.06M | $314.33M | $330.53M | $319.61M | $308.41M | $317.33M | $312.22M | $300.18M | $303.39M | $312.20M | $277.72M | $271.18M | $275.21M | $281.23M | $213.93M | $197.09M |
| Low Forecast | $457.07M | $450.95M | $440.07M | $429.41M | $439.83M | $426.63M | $410.55M | $399.19M | $391.62M | $375.59M | $362.95M | $352.10M | $356.78M | $337.49M | $320.48M | $309.90M | $325.87M | $315.11M | $308.41M | $297.65M | $292.86M | $281.56M | $284.57M | $292.83M | $260.50M | $254.36M | $258.14M | $263.79M | $200.66M | $184.86M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.00% | 0.98% | 0.96% | 1.06% | - | 1.02% | 1.04% | 1.04% | 1.00% | 0.95% | 0.99% | 1.01% | 1.01% | 1.07% | 1.47% | 1.02% |
Hess Midstream LP's average Quarter revenue forecast for Dec 23 based on 2 analysts is $358.86M, with a low forecast of $356.78M, and a high forecast of $360.95M. HESM's average Quarter revenue forecast represents a -0.67% decrease compared to the company's last Quarter revenue of $361.30M (Sep 23).
Hess Midstream LP EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $222.00M | $199.80M | $190.30M | $197.50M | $206.80M | - | $195.90M | $97.20M | $82.50M | $77.90M | $74.40M | $72.10M | $70.10M | $69.20M | $71.50M | $118.20M | $54.20M |
| Avg Forecast | $285.93M | $282.10M | $275.30M | $268.63M | $275.14M | $266.89M | $256.83M | $249.73M | $244.99M | $234.96M | $227.05M | $124.91M | $223.14M | $212.95M | $200.48M | $113.55M | $203.86M | $88.30M | $191.77M | $103.23M | $105.88M | $80.27M | $60.59M | $72.63M | $70.04M | $78.11M | $85.59M | $81.96M | $141.84M | $55.79M |
| High Forecast | $288.26M | $284.40M | $277.54M | $270.82M | $277.39M | $269.06M | $258.92M | $251.76M | $246.99M | $236.87M | $228.90M | $149.89M | $224.43M | $214.56M | $202.12M | $136.26M | $205.52M | $105.96M | $191.77M | $123.88M | $127.05M | $96.32M | $72.71M | $87.15M | $84.05M | $93.73M | $102.71M | $98.36M | $170.21M | $66.95M |
| Low Forecast | $284.20M | $280.39M | $273.63M | $267.00M | $273.48M | $265.27M | $255.27M | $248.21M | $243.50M | $233.54M | $225.68M | $99.93M | $221.84M | $209.84M | $199.27M | $90.84M | $202.62M | $70.64M | $191.77M | $82.58M | $84.70M | $64.22M | $48.47M | $58.10M | $56.03M | $62.49M | $68.47M | $65.57M | $113.47M | $44.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.00% | 1.68% | 0.97% | 2.34% | - | 1.90% | 0.92% | 1.03% | 1.29% | 1.02% | 1.03% | 0.90% | 0.81% | 0.87% | 0.83% | 0.97% |
2 analysts predict HESM's average Quarter EBITDA for Dec 23 to be $223.14M, with a high of $224.43M and a low of $221.84M. This is 0.51% upper than Hess Midstream LP's previous annual EBITDA (Sep 23) of $222.00M.
Hess Midstream LP Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.30M | $25.10M | $142.20M | $149.80M | $159.40M | - | $159.60M | $165.10M | $9.90M | $11.00M | $8.60M | $6.60M | $5.60M | $5.30M | $6.50M | $16.10M | $19.10M |
| Avg Forecast | $90.73M | $84.83M | $82.05M | $79.93M | $65.38M | $62.62M | $62.99M | $60.71M | $59.74M | $54.36M | $53.11M | $21.63M | $52.55M | $48.28M | $40.13M | $19.66M | $45.58M | $10.60M | $37.37M | $17.88M | $18.41M | $9.63M | $8.56M | $8.40M | $6.41M | $6.24M | $6.56M | $7.45M | $19.32M | $19.66M |
| High Forecast | $91.69M | $85.72M | $82.92M | $80.77M | $66.07M | $63.28M | $63.66M | $61.35M | $60.37M | $62.41M | $53.68M | $25.95M | $56.93M | $56.18M | $40.56M | $23.59M | $46.07M | $12.71M | $37.37M | $21.45M | $22.09M | $11.56M | $10.27M | $10.07M | $7.69M | $7.49M | $7.87M | $8.94M | $23.18M | $23.59M |
| Low Forecast | $90.02M | $84.16M | $81.40M | $79.30M | $64.86M | $62.12M | $62.49M | $60.23M | $59.27M | $45.30M | $52.70M | $17.30M | $45.54M | $37.75M | $39.82M | $15.73M | $45.23M | $8.48M | $37.37M | $14.30M | $14.73M | $7.71M | $6.84M | $6.72M | $5.13M | $4.99M | $5.24M | $5.96M | $15.46M | $15.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 0.63% | 7.23% | 3.29% | 15.04% | - | 8.93% | 8.97% | 1.03% | 1.29% | 1.02% | 1.03% | 0.90% | 0.81% | 0.87% | 0.83% | 0.97% |
Hess Midstream LP's average Quarter net income forecast for Dec 23 is $52.55M, with a range of $45.54M to $56.93M. HESM's average Quarter net income forecast represents a 48.87% increase compared to the company's last Quarter net income of $35.30M (Sep 23).
Hess Midstream LP SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.00M | $5.80M | $6.40M | $6.10M | $5.70M | - | $6.00M | $6.10M | $5.10M | $5.20M | $6.30M | $71.80M | $88.10M | $99.10M | $99.50M | $175.60M | $60.40M |
| Avg Forecast | $12.65M | $12.48M | $12.18M | $11.88M | $12.17M | $11.80M | $11.36M | $11.04M | $10.83M | $10.39M | $10.04M | $7.68M | $9.87M | $9.42M | $8.87M | $6.98M | $9.02M | $5.46M | $8.48M | $6.35M | $6.64M | $4.96M | $4.04M | $6.15M | $69.75M | $98.17M | $122.57M | $114.06M | $5.70M | $62.18M |
| High Forecast | $12.75M | $12.58M | $12.27M | $11.98M | $12.27M | $11.90M | $11.45M | $11.13M | $10.92M | $10.48M | $10.12M | $9.21M | $9.93M | $9.49M | $8.94M | $8.38M | $9.09M | $6.55M | $8.48M | $7.62M | $7.97M | $5.95M | $4.85M | $7.38M | $83.70M | $117.80M | $147.09M | $136.87M | $5.88M | $74.61M |
| Low Forecast | $12.57M | $12.40M | $12.10M | $11.81M | $12.09M | $11.73M | $11.29M | $10.98M | $10.77M | $10.33M | $9.98M | $6.14M | $9.81M | $9.28M | $8.81M | $5.58M | $8.96M | $4.37M | $8.48M | $5.08M | $5.32M | $3.97M | $3.24M | $4.92M | $55.80M | $78.53M | $98.06M | $91.25M | $5.52M | $49.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 0.65% | 0.92% | 0.68% | 1.04% | - | 0.95% | 0.92% | 1.03% | 1.29% | 1.02% | 1.03% | 0.90% | 0.81% | 0.87% | 30.78% | 0.97% |
Hess Midstream LP's average Quarter SG&A projection for Dec 23 is $9.87M, based on 2 Wall Street analysts, with a range of $9.81M to $9.93M. The forecast indicates a 64.47% rise compared to HESM last annual SG&A of $6.00M (Sep 23).
Hess Midstream LP EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.57 | $0.50 | $3.23 | $3.40 | $3.62 | - | $4.74 | $6.60 | $0.39 | $0.44 | $0.45 | $0.36 | $0.31 | $0.29 | $0.36 | $0.29 | $0.33 |
| Avg Forecast | $1.08 | $1.01 | $0.98 | $0.95 | $0.78 | $0.75 | $0.75 | $0.72 | $0.71 | $0.65 | $0.63 | $0.64 | $0.63 | $0.58 | $0.48 | $0.51 | $0.54 | $0.52 | $0.50 | $0.52 | $0.59 | $0.37 | $0.41 | $0.40 | $0.34 | $0.33 | $0.38 | $0.41 | $0.28 | $0.34 |
| High Forecast | $1.09 | $1.02 | $0.99 | $0.96 | $0.79 | $0.76 | $0.76 | $0.73 | $0.72 | $0.74 | $0.64 | $0.65 | $0.68 | $0.67 | $0.48 | $0.52 | $0.55 | $0.53 | $0.50 | $0.54 | $0.61 | $0.39 | $0.43 | $0.41 | $0.35 | $0.35 | $0.40 | $0.43 | $0.29 | $0.36 |
| Low Forecast | $1.07 | $1.00 | $0.97 | $0.95 | $0.77 | $0.74 | $0.75 | $0.72 | $0.71 | $0.54 | $0.63 | $0.63 | $0.54 | $0.45 | $0.48 | $0.51 | $0.54 | $0.52 | $0.50 | $0.50 | $0.57 | $0.36 | $0.39 | $0.38 | $0.33 | $0.32 | $0.36 | $0.39 | $0.26 | $0.33 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.04% | 6.31% | 6.25% | 6.90% | - | 9.15% | 11.17% | 1.05% | 1.07% | 1.13% | 1.06% | 0.93% | 0.77% | 0.88% | 1.05% | 0.96% |
According to 2 Wall Street analysts, Hess Midstream LP's projected average Quarter EPS for Dec 23 is $0.63, with a low estimate of $0.54 and a high estimate of $0.68. This represents a 10.02% increase compared to HESM previous annual EPS of $0.57 (Sep 23).
Hess Midstream LP Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EPD | Enterprise Products Partners | $28.87 | $30.50 | 5.65% | Buy |
| GEL | Genesis Energy | $12.88 | $13.00 | 0.93% | Hold |
| ET | Energy Transfer LP | $15.89 | $16.00 | 0.69% | Buy |
| WES | Western Midstream Partners, LP | $37.76 | $37.67 | -0.24% | Hold |
| HESM | Hess Midstream LP | $35.89 | $34.33 | -4.35% | Hold |
| ENLC | EnLink Midstream | $14.16 | $13.33 | -5.86% | Buy |
| MPLX | MPLX LP | $42.62 | $38.30 | -10.14% | Buy |
| PAA | Plains All American Pipeline | $17.37 | $15.58 | -10.31% | Hold |
| AM | Antero Midstream | $14.29 | $12.50 | -12.53% | Buy |
HESM Forecast FAQ
Is Hess Midstream LP a good buy?
No, according to 5 Wall Street analysts, Hess Midstream LP (HESM) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 40.00% of HESM's total ratings.
What is HESM's price target?
Hess Midstream LP (HESM) average price target is $34.33 with a range of $34 to $35, implying a -4.35% from its last price of $35.89. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Hess Midstream LP stock go up soon?
According to Wall Street analysts' prediction for HESM stock, the company can go down by -4.35% (from the last price of $35.89 to the average price target of $34.33), down by -2.48% based on the highest stock price target, and down by -5.27% based on the lowest stock price target.
Can Hess Midstream LP stock reach $50?
HESM's average twelve months analyst stock price target of $34.33 does not support the claim that Hess Midstream LP can reach $50 in the near future.
What are Hess Midstream LP's analysts' financial forecasts?
Hess Midstream LP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.69B (high $1.7B, low $1.68B), average EBITDA is $1.05B (high $1.06B, low $1.04B), average net income is $251.7M (high $254.36M, low $249.71M), average SG&A $46.37M (high $46.75M, low $46.09M), and average EPS is $3 (high $3.04, low $2.98). HESM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.79B (high $1.8B, low $1.78B), average EBITDA is $1.11B (high $1.12B, low $1.11B), average net income is $337.53M (high $341.11M, low $334.87M), average SG&A $49.18M (high $49.58M, low $48.88M), and average EPS is $4.03 (high $4.07, low $4).
Did the HESM's actual financial results beat the analysts' financial forecasts?
Based on Hess Midstream LP's last annual report (Dec 2022), the company's revenue was $1.28B, beating the average analysts forecast of $1.26B by 1.13%. Apple's EBITDA was $796.5M, beating the average prediction of $587.15M by 35.65%. The company's net income was $620.6M, beating the average estimation of $111.43M by 456.95%. Apple's SG&A was $23.1M, missing the average forecast of $29.3M by -21.16%. Lastly, the company's EPS was $15.03, beating the average prediction of $2.08 by 621.21%. In terms of the last quarterly report (Sep 2023), Hess Midstream LP's revenue was $361.3M, beating the average analysts' forecast of $342.49M by 5.49%. The company's EBITDA was $222M, beating the average prediction of $212.95M by 4.25%. Hess Midstream LP's net income was $35.3M, missing the average estimation of $48.28M by -26.89%. The company's SG&A was $6M, missing the average forecast of $9.42M by -36.29%. Lastly, the company's EPS was $0.57, missing the average prediction of $0.576 by -1.07%