Hess (HES) Stock Forecast & Price Target

$128.19 +0.53 (+0.42%)

(As of 12/20/2024 05:31 PM ET)

Hess - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Moderate Buy

Based on 10 Analyst Ratings

Sell
0

Hold
4

Buy
6

Based on 10 Wall Street analysts who have issued ratings for Hess in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 4 have given a hold rating, and 6 have given a buy rating for HES.

Consensus Price Target

$170.50
33.01% Upside

According to the 10 analysts' twelve-month price targets for Hess, the average price target is $170.50. The highest price target for HES is $194.00, while the lowest price target for HES is $150.00. The average price target represents a forecasted upside of 33.01% from the current price of $128.19.

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HES Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	5 Buy rating(s)	6 Buy rating(s)	8 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	7 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$170.50	$163.30	$171.31	$172.18
Forecasted Upside	33.01% Upside	10.30% Upside	27.46% Upside	17.48% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Moderate Buy

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HES 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.

HES 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.

Hess Stock vs. The Competition

Type	Hess	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.60	2.63	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	33.01% Upside	1,671.86% Upside	14.54% Upside
News Sentiment Rating	Positive News See Recent HES News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/9/2024	Wells Fargo & Company 3 of 5 stars	R. Read Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$151.00 ➝ $193.00	+36.37%
12/6/2024	Citigroup 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$145.00 ➝ $163.00	+15.48%
12/3/2024	UBS Group 4 of 5 stars		Boost Target	Buy ➝ Buy	$173.00 ➝ $185.00	+25.88%
10/18/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$149.00 ➝ $154.00	+10.47%
10/10/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$157.00 ➝ $167.00	+19.32%
10/4/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$155.00 ➝ $160.00	+13.49%
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9/30/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Leggate Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$150.00	+12.27%
9/16/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$210.00 ➝ $194.00	+49.37%
9/13/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$173.00 ➝ $167.00	+29.40%
7/17/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Brackett Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$166.00 ➝ $172.00	+14.24%
11/7/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$171.00	+17.35%
10/24/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Market Perform
10/17/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$166.00 ➝ $165.00	+0.42%
9/27/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$205.00 ➝ $210.00	+38.10%
7/10/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$155.00 ➝ $153.00	+13.83%
4/5/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$156.00 ➝ $158.00	+12.12%
3/16/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$160.00 ➝ $174.00	+48.97%
1/27/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$161.00 ➝ $170.00	+5.96%
1/26/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$125.00 ➝ $150.00	-5.00%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:21 PM ET.

Should I Buy Hess Stock? HES 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 Friday, December 13, 2024. Please send any questions or comments about these Hess pros and cons to contact@marketbeat.com.

Hess
Bull Case

Here are some ways that investors could benefit from investing in Hess Co.:

Hess Co. has recently seen significant institutional investment, with firms like Wellington Management Group increasing their holdings by 58.9%, indicating strong confidence in the company's future performance.
The stock price is currently at $141.53, which is near its 50-day moving average of $141.39, suggesting stability and potential for growth as it approaches its one-year high of $163.98.
Analysts have issued positive ratings, with Wolfe Research upgrading Hess Co. to an "outperform" rating and setting a price target of $150.00, which reflects optimism about the company's growth prospects.
Hess Co. has a solid market capitalization of $43.61 billion, which provides a cushion against market volatility and indicates a well-established presence in the oil and gas sector.
With institutional investors owning 88.51% of the company's stock, there is a strong backing from large financial entities, which often leads to more stable stock performance.

Hess
Bear Case

Investors should be bearish about investing in Hess Co. for these reasons:

Insider selling has been notable, with a total of 314,370 shares sold recently, which may signal a lack of confidence from those who are most familiar with the company's operations.
The company's debt-to-equity ratio stands at 0.75, which, while manageable, indicates that Hess Co. is using a significant amount of debt to finance its operations, potentially increasing financial risk.
Despite recent upgrades, the consensus rating remains a "Hold," suggesting that while there is potential, there may also be caution among analysts regarding immediate growth prospects.
Hess Co. operates in a volatile industry, and fluctuations in oil prices can significantly impact profitability, making it a riskier investment compared to more stable sectors.
The recent decrease in insider ownership by 28.85% could raise concerns among investors about the company's future direction and management's confidence in its performance.

HES Forecast - Frequently Asked Questions

: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Hess is $170.50, with a high forecast of $194.00 and a low forecast of $150.00.
: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hess in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HES shares.
: According to analysts, Hess's stock has a predicted upside of 33.01% based on their 12-month stock forecasts.
: Over the previous 90 days, Hess's stock had 2 upgrades by analysts.
: Hess has been rated by research analysts at BMO Capital Markets, Citigroup, Scotiabank, Susquehanna, UBS Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Hess less than other "oils/energy" companies. The consensus rating score for Hess is 2.60 while the average consensus rating score for "oils/energy" companies is 2.63. Learn more on how HES compares to other companies.

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This page (NYSE:HES) was last updated on 12/21/2024 by MarketBeat.com Staff

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Hess (HES) Stock Forecast & Price Target