FINWIRES · TerminalLIVE
FINWIRES

$HSY

12 stories mentioning HSY

Every FINWIRES story that references HSY, newest first.

Research

Evercore ISI Upgrades Hershey to Outperform From In Line, Price Target is $255

Hershey (HSY) has an average rating of hold and mean price target of $216.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$HSY
Wire

Mizuho Securities Adjusts Hershey Price Target to $185 From $195, Maintains Neutral Rating

Hershey (HSY) has an average rating of Hold and mean price target of $216.76, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $194.23, Change: $+2.50, Percent Change: +1.30%

$HSY
Wire

DA Davidson Adjusts Hershey Price Target to $208 From $230

Hershey (HSY) has an average rating of Hold and mean price target of $218.62, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $183.22, Change: $-2.52, Percent Change: -1.36%

$HSY
Wire

Goldman Sachs Adjusts Hershey Price Target to $240 From $248

Hershey Company (HSY) has an average rating of Hold and mean price target of $218.62, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $183.22, Change: $-2.52, Percent Change: -1.36%

$HSY
Wire

UBS Adjusts Price Target on Hershey to $200 From $215, Maintains Neutral Rating

Hershey (HSY) has an average rating of hold and mean price target of $219.62, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $186.28, Change: $+0.53, Percent Change: +0.29%

$HSY
Research

TD Cowen Upgrades Hershey Company to Buy From Hold, Price Target is $210

Hershey Company (HSY) has an average rating of hold and mean price target of $219.62, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$HSY
Research

Research Alert: Hershey Beats Q1 Estimates On Pricing Power, But Margins Contract

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:HSY reported Q1 results ahead of expectations. Adjusted EPS rose 12.4% to $2.35 from $2.09, demonstrating solid operational performance. Segment results were mixed. North America Confectionery delivered strong segment income growth of 13.8% to $792M and Salty Snacks sales surged 26% to $350M, while the International segment faced margin pressures. We believe HSY's reaffirmed 2026 outlook, which projects 4%-5% net sales growth, 2.5%-3.5% organic growth, and 30%-35% EPS growth despite ongoing cost inflation, supports the investment thesis and indicates management's confidence in navigating these pressures. However, the adjusted gross margin declined 80 bps to 40.4%, as commodity and tariff headwinds outpaced pricing gains and operational efficiencies. We expect HSY will continue facing near-term margin pressure from cocoa costs and tariffs, though supply chain productivity should provide some offset.

$HSY
US Markets

Stocks Mostly Up Pre-Bell as Traders Digest Big Tech Earnings, Await Key Inflation Report

US equity markets were mostly pointing higher before the opening bell Thursday as investors digest the latest financial results from some of the biggest technology companies and await a key inflation report.The S&P 500 rose 0.1% and the Nasdaq added 0.2% in premarket activity, while the Dow Jones Industrial Average declined 0.2%. The indexes finished the previous trading session mixed.Shares of Meta Platforms (META) fell 8.8% pre-bell after the Facebook parent lifted its full-year capital expenditure guidance mainly due to higher component pricing, even though it reported stronger-than-expected first-quarter results. Microsoft (MSFT) decreased 1.8% as the tech giant said its capital expenditures will be about $190 billion in 2026, while its fiscal third-quarter results topped market estimates."It's crystal clear to us that the (artificial intelligence) revolution is accelerating at a warp speed pace with 2026 being an inflection point year for AI with hyperscalers now investing over $700 billion in (capital expenditures) in (2026) to capitalize on the opportunities in the space," Wedbush Securities said in a Thursday client note.Alphabet's (GOOG, GOOGL) class A and C shares climbed more than 6% each amid upbeat first-quarter results. Amazon (AMZN) inclined 2.5% as the e-commerce giant issued a strong second-quarter revenue outlook.iPhone maker Apple (AAPL) is scheduled to release its quarterly earnings after the markets close. Eli Lilly (LLY), Mastercard (MA), Caterpillar (CAT), Merck (MRK), Royal Caribbean Cruises (RCL) and Hershey (HSY) are slated to announce their results before the bell, among others.The personal income and outlays report for March is due to be released at 8:30 am ET. The report includes the personal consumption expenditure core price index, the Federal Reserve's preferred inflation metric.The central bank's Federal Open Market Committee left its benchmark interest rate unchanged on Wednesday as policymakers saw the Middle East conflict fueling uncertainty around the US economic outlook. In a post-meeting press conference, Jerome Powell said he will stay on as a Fed governor for an indefinite period after his term as Fed chief expires on May 15.The US Senate Banking Committee on Wednesday voted to advance Kevin Warsh's nomination as Fed chair to the Republican-controlled Senate.Treasury yields were down in premarket action, with the two-year rate retreating 3.2 basis points to 3.9% and the 10-year rate off 1.8 basis points to 4.4%.President Donald Trump is expected to receive a briefing on fresh potential military options against Iran on Thursday, Axios reported, citing two sources with knowledge. Trump recently told the news outlet that he will maintain the US naval blockade of Iranian ports until Tehran agrees to a nuclear deal.West Texas Intermediate crude oil slipped 0.2% to $106.62 a barrel before the open, while Brent decreased 1.6% to $116.20.Thursday's economic calendar also has the initial estimate report for the first-quarter gross domestic product at 8:30 am, along with the weekly jobless claims bulletin. The Chicago purchasing managers' index for April posts at 9:45 am.Gold rose 1.8% to $4,642 per troy ounce, while bitcoin moved 0.7% higher to $75,974.

Dow JonesNasdaq CompositeS&P 500$AAPL$AMZN$CAT$GOOG$GOOGL$HSY$LLY$MA$META$MRK$MSFT$RCL
US Markets

Hershey's First-Quarter Results Likely to be Strong Amid 'Solid' Consumption Trends, RBC Says

Hershey (HSY) is expected to post strong first-quarter results amid "solid" consumption trends, while the chocolate maker will likely affirm its 2026 outlook, RBC Capital Markets said Tuesday.Scanner data indicate "solid" consumption at the total company level in the quarter, driven by strong gains in confection and salty snacks, the brokerage said in a note to clients. Hershey is scheduled to report first-quarter results Thursday."With an earlier Easter, confection data for the final week of March is up strong (over high-teen percentage)," Nik Modi, RBC's co-head of global consumer and retail research, said. "This level of growth would suggest that (Hershey) will be able to clear topline growth expectations."RBC expects first-quarter earnings of $2.08 a share on revenue of $3.03 billion. Wall Street is looking for $2.05 and $3.03 billion, respectively, according to the note. Although the three-month period was guided to be "the strongest quarter on the topline," margins are expected to be pressured by high cost of inventory, Modi said.The brokerage expects Hershey to reaffirm its full-year outlook given that the company is just one quarter through its fiscal year and maintained the outlook just recently. "That said, we see a more neutral risk to reward given the high bar that (Hershey) set for itself this year," Modi wrote.Late last month, company said it continued to expect full-year adjusted EPS to grow 30% to 35% and net sales to rise 4% to 5%.The management's tone was positive at its investor day, with its long-term outlook suggesting the company has EPS visibility through 2027, RBC said. "With that said, the proof is now in the pudding on whether (Hershey's) strategy can revert ongoing volume declines and market share losses."The brokerage has a sector perform rating on Hershey's stock with a $212 price target.Price: $187.29, Change: $+0.80, Percent Change: +0.43%

$HSY
Wire

Hershey's Q1 Saw 'Solid' Consumption Trends, RBC Says

Hershey (HSY) saw "solid" consumption in Q1 but concerns remain over its strategy in reversing ongoing volume declines and market share losses, RBC Capital Markets said in a Tuesday note.Scanner data suggested a 9.2% growth in Q1 consumption for Hershey, pointing to a revenue beat, according to RBC. The firm noted that Hershey expects the strongest quarterly revenue in Q1, while high inventory costs are anticipated to weigh on margins.Guidance for 2026 earnings per share is likely to be maintained, while Hershey's long-term guidance indicate EPS visibility through 2027, RBC added. It remains to be seen if Hershey's "strategy can revert ongoing volume declines and market share losses,' it added.The company's stock has been "resilient" so far this year, helped by easing cocoa costs and its strong guidance.Hershey is set to release its Q1 results on Thursday.RBC has a sector perform rating and $212 price target on Hershey.Price: $188.28, Change: $+1.79, Percent Change: +0.96%

$HSY
Insider Trading

Hershey Insider Sold Shares Worth $291,150, According to a Recent SEC Filing

Steven E Voskuil, Senior Vice President, Chief Financial Officer, on April 20, 2026, sold 1,500 shares in Hershey (HSY) for $291,150. Following the Form 4 filing with the SEC, Voskuil has control over a total of 57,695 common shares of the company, with 57,695 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/47111/000004711126000175/xslF345X05/form4.xml

$HSY
Research

BTIG Initiates Hershey at Neutral

Hershey (HSY) has an average rating of hold and mean price target of $229.57, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$HSY