HE Stock Forecast 2025-2026
Distance to HE Price Targets
HE Price Momentum
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Latest HE Stock Price Targets & Analyst Predictions
Based on our analysis of 8 Wall Street analysts, HE has a neutral consensus with a median price target of $11.00 (ranging from $10.00 to $14.00). The overall analyst rating is Buy (6.8/10). Currently trading at $10.93, the median forecast implies a 0.6% upside. This outlook is supported by 1 Buy, 4 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Jonathan Reeder at Wells Fargo, projecting a 28.1% upside. Conversely, the most conservative target is provided by Nicholas Campanella at Barclays, suggesting a 8.5% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
HE Analyst Ratings
HE Price Target Range
Latest HE Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for HE.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Mar 4, 2025 | Barclays | Nicholas Campanella | Equal-Weight | Maintains | $11.00 |
Feb 27, 2025 | Wells Fargo | Jonathan Reeder | Equal-Weight | Maintains | $12.50 |
Feb 6, 2025 | Barclays | Nicholas Campanella | Equal-Weight | Initiates | $10.00 |
Jan 3, 2025 | Jefferies | Julien Dumoulin-Smith | Hold | Maintains | $10.50 |
Nov 19, 2024 | Evercore ISI Group | Durgesh Chopra | In-Line | Maintains | $10.00 |
Nov 11, 2024 | Evercore ISI Group | Durgesh Chopra | In-Line | Maintains | $11.00 |
Sep 30, 2024 | Wells Fargo | Jonathan Reeder | Equal-Weight | Maintains | $11.50 |
Sep 24, 2024 | Evercore ISI Group | Durgesh Chopra | In-Line | Maintains | $9.00 |
Aug 23, 2024 | Wells Fargo | Jonathan Reeder | Equal-Weight | Upgrade | $14.00 |
Aug 14, 2024 | Evercore ISI Group | Durgesh Chopra | In-Line | Maintains | $16.00 |
Aug 12, 2024 | Wells Fargo | Jonathan Reeder | Underweight | Maintains | $14.00 |
Aug 5, 2024 | Evercore ISI Group | Durgesh Chopra | In-Line | Maintains | $16.00 |
May 13, 2024 | Wells Fargo | Jonathan Reeder | Underweight | Maintains | $9.00 |
Feb 15, 2024 | Evercore ISI Group | Durgesh Chopra | In-Line | Maintains | $11.00 |
Nov 10, 2023 | Wells Fargo | Jonathan Reeder | Underweight | Downgrade | $8.50 |
Aug 25, 2023 | B of A Securities | Julien Dumoulin-Smith | Underperform | Reiterates | $8.50 |
Aug 18, 2023 | Wells Fargo | Neil Kalton | Equal-Weight | Upgrade | $8.00 |
Aug 17, 2023 | B of A Securities | Underperform | Maintains | $0.00 | |
Aug 14, 2023 | Wells Fargo | Underweight | Maintains | $0.00 | |
Feb 15, 2023 | Guggenheim | Shahriar Pourreza | Neutral | Maintains | $42.00 |
Hawaiian Electric Industries Inc. (HE) Competitors
The following stocks are similar to Hawaiian Electric based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Hawaiian Electric Industries Inc. (HE) Financial Data
Hawaiian Electric Industries Inc. has a market capitalization of $1.89B with a P/E ratio of 7.6x. The company generates $3.22B in trailing twelve-month revenue with a -44.3% profit margin.
Revenue growth is -16.4% quarter-over-quarter, while maintaining an operating margin of +6.8% and return on equity of -68.0%.
Valuation Metrics
Growth & Margins
Financial Health
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Hawaiian Electric Industries Inc. (HE) Business Model
About Hawaiian Electric Industries Inc.
Provides electric utility services in Hawaii.
The company generates, transmits, and distributes electricity through its subsidiaries, serving residential, commercial, and industrial customers. Additionally, it operates in the banking sector via American Savings Bank, offering financial services such as loans and deposits.
Hawaiian Electric Industries is committed to renewable energy initiatives, integrating sustainable sources like solar and wind into its operations. Its dual focus on energy and financial services positions it as a key player in Hawaii's economy.
Company Information
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
2,587
CEO
Mr. Scott W. H. Seu
Country
United States
IPO Year
1987
Website
www.hei.comHawaiian Electric Industries Inc. (HE) Latest News & Analysis
Hawaiian Electric Industries closed the sale of Pacific Current's 60-MW Hamakua Energy Plant to Harbert Management. The sale is not expected to significantly impact HEI's financials.
The sale of the Hamakua Energy Plant signals HEI's strategic shift, potentially impacting future investments and restructuring within its energy portfolio, influencing investor sentiment and stock performance.
Hawaiian Electric Industries, Inc. will hold its Q4 2024 earnings conference call on February 21, 2025, at 4:30 PM ET. Key executives will participate in the call.
The earnings conference call provides insights into Hawaiian Electric's financial performance, outlook, and strategic direction, influencing investor sentiment and stock valuation.
Hawaiian Electric reported a FY 2024 net loss of $1.426 billion ($11.23/share), down from a net income of $199 million ($1.81/share) in 2023. Core income from continuing operations was $124 million ($0.98/share).
Hawaiian Electric's substantial net loss raises concerns about financial stability and operational challenges, impacting investor confidence and stock performance.
Hawaiian Electric announced that the Hawaii Supreme Court's decision to finalize a $4 billion settlement related to the 2023 Maui wildfires is favorable for the company.
Hawaiian Electric's $4 billion settlement approval reduces financial uncertainty and potential liabilities, positively impacting its stock performance and investor confidence.
Hawaiian Electric Industries to Announce Fourth Quarter and Full Year 2024 Results February 21
2 months agoHawaiian Electric Industries will announce its fourth quarter and full year 2024 results on February 21.
Hawaiian Electric's upcoming earnings announcement could impact stock performance and investor sentiment, influencing valuation and future growth expectations.
Hawaiian Electric Industries has finalized the sale of a 90.1% stake in American Savings Bank to raise funds for wildfire settlements.
Hawaiian Electric's sale of a major stake in American Savings Bank indicates a strategic move to generate cash for wildfire liabilities, impacting liquidity and future financial stability.
Frequently Asked Questions About HE Stock
What is Hawaiian Electric Industries Inc.'s (HE) stock forecast for 2025?
Based on our analysis of 8 Wall Street analysts, Hawaiian Electric Industries Inc. (HE) has a median price target of $11.00. The highest price target is $14.00 and the lowest is $10.00.
Is HE stock a good investment in 2025?
According to current analyst ratings, HE has 1 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $10.93. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for HE stock?
Wall Street analysts predict HE stock could reach $11.00 in the next 12 months. This represents a 0.6% increase from the current price of $10.93. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Hawaiian Electric Industries Inc.'s business model?
The company generates, transmits, and distributes electricity through its subsidiaries, serving residential, commercial, and industrial customers. Additionally, it operates in the banking sector via American Savings Bank, offering financial services such as loans and deposits.
What is the highest forecasted price for HE Hawaiian Electric Industries Inc.?
The highest price target for HE is $14.00 from Jonathan Reeder at Wells Fargo, which represents a 28.1% increase from the current price of $10.93.
What is the lowest forecasted price for HE Hawaiian Electric Industries Inc.?
The lowest price target for HE is $10.00 from Nicholas Campanella at Barclays, which represents a -8.5% decrease from the current price of $10.93.
What is the overall HE consensus from analysts for Hawaiian Electric Industries Inc.?
The overall analyst consensus for HE is neutral. Out of 8 Wall Street analysts, 1 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $11.00.
How accurate are HE stock price projections?
Stock price projections, including those for Hawaiian Electric Industries Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.