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Hawaiian Electric (HE): analyst forecast and price target

$8.58 +1.06% close 16.10.26 · market cap $1.5B · Utilities · Regulated Electric IWM 0.05%
Price targets and ratings of

Analyst consensus

Moderate Sell

0 Buy1 Hold2 Sell

Ratings of 3 analysts in the last 3 months

12-month forecast

$7.67−10.6% downside

Based on 3 price targets given in the last 3 months, the average target is $7.67, the highest $9.00, the lowest $7.00. The average is −10.6% from the last price of $8.58.

$10.00$15.00Jan 26AprJulOctJan 27AprJulOctHigh$9.00Average$7.67Low$7.00
Highest target $9.00 Average target $7.67 Lowest target $7.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Julien Dumoulin Smith★★★★★★★★★★#774 · hits 62% · avg +8.9% Jefferies $7.00 Sell −18.4% Reiterated 06.10.26on TipRanks 17:35 −1.6%next day +1.0% · 5 days −2.7%
Nicholas Campanella★★★★★★★★★★#690 · hits 62% · avg +10.3% Barclays $12.00 → $9.00−25.0% Hold +4.9% Reiterated 30.09.26on TipRanks 05:25 −1.3%next day −0.3% · 5 days −3.8%
Paul Fremont★★★★★★★★★★#1891 · hits 65% · avg +5.5% Ladenburg Thalmann & Co. $7.00 Sell −18.4% Initiated 08.09.26on TipRanks 06:45 −1.2%next day −4.8% · 5 days −5.2%
Julien Dumoulin Smith★★★★★★★★★★#774 · hits 62% · avg +8.9% Jefferies $11.75 Sell +36.9% Reiterated 06.07.26on TipRanks 09:10 −2.4%next day 0.0% · 5 days +0.9%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Hawaiian Electric

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Julien Dumoulin Smith★★★★★★★★★★Jefferies · #774
Hits 62%297 of 480 Average return +8.9%
1 year Julien Dumoulin Smith★★★★★★★★★★Jefferies · #774
Hits 62%297 of 480 Average return +8.9%
2 years Julien Dumoulin Smith★★★★★★★★★★Jefferies · #774
Hits 62%297 of 480 Average return +8.9%

Most profitable

3 months Julien Dumoulin Smith★★★★★★★★★★Jefferies · #774
Hits 62%297 of 480 Average return +8.9%
1 year Julien Dumoulin Smith★★★★★★★★★★Jefferies · #774
Hits 62%297 of 480 Average return +8.9%
2 years Julien Dumoulin Smith★★★★★★★★★★Jefferies · #774
Hits 62%297 of 480 Average return +8.9%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $9.25 at a price of $8.94 (+3.5%); now: $7.67 at $8.58 (−10.6%).

$8.00$10.00Sep 15Oct 1Oct 15Top analysts$7.00Average target$7.67Price$8.58

PriceAverage targetTop analysts’ target

Recommendation trend

024682Oct 252Nov3Dec41Jan 2651Feb71Mar5Apr4May2Jun11Jul21Aug22Sep22Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy000000
Hold421222
Sell001122

Earnings and sales forecast

Next report: 06.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.06 (from $0.06 to $0.06). Last quarter: $0.13.

Best top-analyst consensus in the sector · Utilities

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About Hawaiian Electric
  • CEO: Scott W. H. Seu
  • Employees: 2,667
  • 1001 Bishop Street, Honolulu, HI, 96813, US
  • www.hei.com

Hawaiian Electric Industries, Inc. (HE) operates as a diversified holding company primarily focused on three key areas within the state of Hawaii: electric utility services, banking, and investments in renewable and sustainable infrastructure. The company's Electric Utility division is responsible for the generation, acquisition, transmission, distribution, and sale of electricity across several Hawaiian islands, including Oahu, Hawaii, Maui, Lanai, and Molokai. This segment utilizes and explores various clean energy sources, such as wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. Its customer base includes suburban communities, resort properties, United States armed forces installations, and agricultural operations. Through its Bank segment, the company runs a community financial institution that provides a full spectrum of banking and financial offerings to both consumers and businesses. These services include savings and checking accounts, along with a wide range of loans, encompassing residential and commercial real estate, mortgages, construction and development, multifamily residential and commercial real estate, consumer, and general commercial lending. This banking arm maintains a network of 42 branches throughout the islands: 29 on Oahu, 6 on Maui, 4 on Hawaii, 2 on Kauai, and 1 on Molokai. The "Other" segment is dedicated to strategic investments in non-regulated renewable energy and sustainable infrastructure projects exclusively within the Hawaiian Islands. Founded in 1891, Hawaiian Electric Industries Inc. maintains its corporate headquarters in Honolulu, Hawaii.

Data from the stock’s TipRanks forecast page, read 48 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗