HEHEUtilities · Utilities - Regulated Electric

HE Stock Forecast: Hawaiian Electric Industries, Inc. Price Predictions for 2026-2027

Last close, 14 Aug 2026
$12
−0.85% on the day

The 3 Wall Street analysts covering Hawaiian Electric Industries, Inc. hold a median 12-month price target of $12 — +2.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 27 of 100 as at 15 Aug 2026 — in the lower half.

Market cap
$2.0B
Ticker Nerd rank
27 / 100
Median analyst target
$12
Analysts covering
3
Total return, dividends reinvested
1W
−5.4%
1M
−13.2%
YTD
−4.6%
1Y
+3.2%
From 52W high
−31.3%
From 52W low
+7.7%
$11
$17
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

HE stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Hawaiian Electric Industries, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 15 Aug 2026
27 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
75
Momentum
60
Quality
48
Growth
40
Size
36
Revisions
33
Issuance
31
Accruals
28
Volatility
18

Value (75): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Volatility (18): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

HE stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on HE, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$11$12$13$14$15$16$17Oct 25Jan 26Apr 26Jul 26HEHigh $12Median $12Low $12

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says3 analysts
0 Buy2 Hold1 Sell
Low $12Median $12High $12

The green dot is the last close — the median target sits +2.3% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
11 Aug 2026BarclaysMaintainsEqual-Weight$13$12
6 July 2026JefferiesMaintainsUnderperform$14$12
6 July 2026JefferiesMaintainsUnderperform
25 June 2026BarclaysMaintainsEqual-Weight
2 Mar 2026BarclaysMaintainsEqual-Weight
26 Jan 2026BarclaysMaintainsEqual-Weight
20 Jan 2026JefferiesDowngradeUnderperform
15 Jan 2026BarclaysMaintainsEqual-Weight
3 Dec 2025JefferiesMaintainsHold
10 July 2025BarclaysMaintainsEqual-Weight
28 May 2025JefferiesMaintainsHold
14 Apr 2025JefferiesMaintainsHold
4 Mar 2025BarclaysMaintainsEqual-Weight
27 Feb 2025Wells FargoMaintainsEqual-Weight
6 Feb 2025BarclaysInitiatesEqual-Weight
3 Jan 2025JefferiesMaintainsHold
19 Nov 2024Evercore ISI GroupMaintainsIn-Line
11 Nov 2024Evercore ISI GroupMaintainsIn-Line
30 Sept 2024Wells FargoMaintainsEqual-Weight
24 Sept 2024Evercore ISI GroupMaintainsIn-Line

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. HE appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

HE analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−9.8%
Analysts raising
1
Analysts cutting
1
Fundamentals

Hawaiian Electric Industries, Inc. (HE) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
9.1×

Cheaper than 61% of US stocks

Price / sales
0.6×

Cheaper than 80% of US stocks

Price / book
1.2×

Cheaper than 67% of US stocks

EV / EBITDA
8.9×

Cheaper than 43% of US stocks

Growth & margins
Revenue growth (YoY)
25.9%

Higher than 76% of US stocks

Earnings growth (YoY)
372.3%

Higher than 94% of US stocks

Gross margin
21.7%

Higher than 24% of US stocks

Operating margin
4.5%

Higher than 54% of US stocks

Net margin
6.8%

Higher than 64% of US stocks

Returns & dividend
Return on equity
13.4%

Higher than 71% of US stocks

Return on assets
1.6%

Higher than 56% of US stocks

Dividend yield
12.3%

Higher than 92% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

HE vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Regulated Electric
CompanyMarket capTKN rank
HEHawaiian Electric Industries, Inc.$2.0B
27
MGEEMGE Energy, Inc.$3.0B
32
NWENorthWestern Energy Group, Inc.$4.4B
54
PORPortland General Electric Co.$5.9B
62
TXNMTXNM Energy, Inc.$5.9B
40
NKLRTerra Innovatum Global NV$673.5M
15
IMSRTerrestrial Energy, Inc.$624.0M
10

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Hawaiian Electric Industries, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest HE news & analysis

New Strong Sell Stocks for August 14th

Zacks Investment Research · 14 Aug 2026negative

Zacks Investment Research added Hawaiian Electric Industries (HE), along with AMPH and CHT, to its Zacks Rank #5 (Strong Sell) List on August 14, 2026.

Why it matters — A Strong Sell rating from Zacks signals a bearish outlook that HE watchers would want to note.

Hawaiian Electric: The Glory Days Are Over - Maintain Strong Sell

Seeking Alpha · 10 Aug 2026negative

A Seeking Alpha article reports that Hawaiian Electric, long the near sole provider of electricity in Hawaii, suffered a severe operational and financial blow from the August 2023 Maui wildfire. The company is expected to survive but faces a long, difficult road with little prospect of returning to previous levels in the foreseeable future.

Why it matters — The report highlights the lasting impact of the Maui wildfire on Hawaiian Electric's operations and finances, signalling a difficult outlook for the company going forward.

Hawaiian Electric Industries Q2 Earnings Call Highlights

MarketBeat · 8 Aug 2026neutral

Hawaiian Electric Industries reported second-quarter 2026 net income of $123.2 million, or $0.71 per share, which included a non-cash accounting adjustment related to the remaining Maui wildfire settlement liability.

Why it matters — HE watchers would care because the quarterly results reflect the financial impact of the Maui wildfire settlement, an important ongoing factor for the company.

Hawaiian Electric Industries, Inc. (HE) Q2 2026 Earnings Call Transcript

Seeking Alpha · 7 Aug 2026neutral

Hawaiian Electric Industries, Inc. held its second-quarter 2026 earnings call, and Seeking Alpha published the full transcript of the discussion.

Why it matters — A HE watcher would review this transcript for the company's own account of its quarterly financial results and outlook.

FAQ

Frequently asked questions about HE stock

What is the HE stock price forecast for 2026-2027?

The 3 Wall Street analysts covering Hawaiian Electric Industries, Inc. have a median 12-month price target of $12, with estimates ranging from $12 to $12. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is HE stock a buy right now?

Of the 3 analysts covering Hawaiian Electric Industries, Inc., 0 rate it a Buy, 2 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Hawaiian Electric Industries, Inc. 27 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank HE?

As at 15 Aug 2026, Hawaiian Electric Industries, Inc. ranks 27 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (75 of 100).

Will HE stock go up?

No one can know that. What the data says: the median 12-month target from 3 analysts implies +2.3% from the last close, and Ticker Nerd's factor model ranks Hawaiian Electric Industries, Inc. 27 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the HE stock forecast for 2030?

No analyst covering Hawaiian Electric Industries, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for HE are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $12 to $12 over the next 12 months.

How has HE stock performed over the past year?

Hawaiian Electric Industries, Inc. returned +3.2% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Hawaiian Electric Industries, Inc. do?

Hawaiian Electric Industries Inc. is a holding company that plays a vital role in providing electric utility services to a substantial portion of the Hawaiian Islands.

What is the latest news on HE?

The most recent item we track (Zacks Investment Research, 14 Aug 2026): "New Strong Sell Stocks for August 14th". Zacks Investment Research added Hawaiian Electric Industries (HE), along with AMPH and CHT, to its Zacks Rank #5 (Strong Sell) List on August 14, 2026.

Company

About Hawaiian Electric Industries, Inc.

Hawaiian Electric Industries Inc. is a holding company that plays a vital role in providing electric utility services to a substantial portion of the Hawaiian Islands. Primarily engaged in the generation, transmission, and distribution of electricity, the company operates through its subsidiaries to deliver reliable power to residential, commercial, and industrial customers across Hawaii. Hawaiian Electric Industries is significantly involved in the state’s progression towards renewable energy, contributing to the development of sustainable energy solutions and integration of renewable sources like solar and wind into the grid. Furthermore, the company’s operations span the banking sector through its subsidiary, American Savings Bank, which provides financial services and products including loans, deposits, and credit cards. Hawaiian Electric Industries is pivotal in the economic landscape of Hawaii, playing an essential role in both energy infrastructure and financial services, thereby supporting both the daily lives and business operations throughout the region.

CEO Mr. Scott W. H. Seu · 2,659 employees · United States · https://www.hei.com