The Hershey Company (HSY) Stock Price & Analysis
The Hershey Company (HSY) closed at USD 175.64 on Thursday, October 22, 2026, up 4.67% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 167.81; the Oct 22, 2026 session ranged USD 168.16–175.75 on volume of 1,915,113 shares. Market capitalization is $35.29B, with a 52-week range of USD 156.16–239.48 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:28 UTC.
Also available as compact Markdown for AI agents: nexqual.com/HSY.md
Key facts (HSY)
- Last four reported quarters (through Jun 28, 2026): revenue $12.2B, net income $1.49B (12.2% margin), free cash flow $2.23B (SEC filings).
- Valuation: P/E 23.7x, EV/EBITDA 14.7x, net debt $4.40B.
- 4 of 80 tracked superinvestors hold HSY (13F, Q2 2026): 0 new, 0 added, 2 reduced, 2 unchanged.
- Analysts: Hold (mean 2.61 on a 1–5 scale) (23 analysts), mean target USD 197.05 (range 170–250).
- Total return with dividends: 1Y -0.3% vs S&P 500 +14.9%; 5Y +9.4% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 2.11, revenue estimate $3.25B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HSY)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $8.97B | $10.4B | $11.2B | $11.2B | $11.7B | $12.2B |
| Gross profit | $4.05B | $4.50B | $5.00B | $5.30B | $3.92B | — |
| Operating income | $2.04B | $2.26B | $2.56B | $2.90B | $1.44B | $2.16B |
| Net income | $1.48B | $1.64B | $1.86B | $2.22B | $883M | $1.49B |
| Free cash flow | $1.59B | $1.81B | $1.55B | $1.93B | $1.82B | $2.23B |
| Gross margin | 45.1% | 43.2% | 44.8% | 47.3% | 33.5% | — |
| Operating margin | 22.8% | 21.7% | 22.9% | 25.9% | 12.3% | 17.8% |
| Net margin | 16.5% | 15.8% | 16.7% | 19.8% | 7.6% | 12.2% |
| Revenue growth | +10.1% | +16.1% | +7.2% | +0.3% | +4.4% | — |
| Cash + short-term investments | $329M | $464M | $402M | $731M | $926M | — |
| Total debt | $4.09B | $4.10B | $4.09B | $3.80B | $5.18B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 28, 2026) (HSY)
P/E 23.7x · P/S 2.9x · EV/EBITDA 14.7x · EV/Sales 3.3x · P/FCF 15.8x · P/B 7.7x · FCF yield 6.31% · Earnings yield 4.22% · Dividend yield (paid, TTM) 3.16% · Buyback yield (TTM) 1.24% · Net debt $4.40B · EV $39.7B
Superinvestors (SEC 13F-HR, Q2 2026) (HSY)
4 of 80 tracked investors hold HSY. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Hillman Capital | Hillman Capital Management | 1.35% | $1.9M | Unchanged |
| Thomas Gayner | Markel Group | 0.10% | $13.2M | Unchanged |
| Mairs & Power | Mairs & Power Funds | 0.10% | $10.7M | Reduced -5.5% |
| Lee Ainslie | Maverick Capital | 0.01% | $1.2M | Reduced -70.3% |
Analysts (HSY)
Consensus Hold (mean 2.61 on a 1–5 scale), 23 analysts; mean target USD 197.05 (low 170, high 250).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-16 | Barclays | Target lowered | Equal-Weight | $200 → $178 |
| 2026-10-15 | JP Morgan | Target lowered | Neutral | $193 → $183 |
| 2026-10-13 | TD Cowen | Target lowered | Buy | $210 → $198 |
| 2026-10-05 | Wells Fargo | Target lowered | Equal-Weight | $190 → $170 |
| 2026-08-21 | RBC Capital | Target lowered | Sector Perform | $212 → $206 |
| 2026-08-03 | Barclays | Target lowered | Equal-Weight | $208 → $200 |
| 2026-07-31 | UBS | Target raised | Neutral | $190 → $198 |
| 2026-07-31 | JP Morgan | Target raised | Neutral | $191 → $193 |
| 2026-07-31 | Wells Fargo | Target lowered | Equal-Weight | $200 → $190 |
| 2026-07-23 | Evercore ISI Group | Target lowered | Outperform | $255 → $225 |
| 2026-07-22 | Stifel | Target lowered | Hold | $215 → $180 |
| 2026-07-21 | Barclays | Target lowered | Equal-Weight | $220 → $208 |
Total return (dividends reinvested) (HSY)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -0.3% | +9.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -0.4% | +1.8% |
| Volatility (annualized) | 27.3% | 23.0% |
| Max drawdown | -32.3% (Feb 2026→Sep 2026) | -43.3% (May 2023→Jan 2025) |
HSY analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.11 | $2.28 | -7.2% | $3.25B | 17 |
| Next quarter (ends Dec 2026) | $2.13 | $2.39 | -10.9% | $3.15B | 16 |
| Current fiscal year (ends Dec 2026) | $8.48 | $8.42 | +0.7% | $12.28B | 22 |
| Next fiscal year (ends Dec 2027) | $9.84 | $9.87 | -0.3% | $12.59B | 22 |
Key Statistics (as of October 23, 2026 at 09:28 UTC)
| Price | USD 175.64 |
|---|---|
| Change | ▲ 4.67% (up) |
| Previous Close | USD 167.81 |
| Open | USD 169.1 |
| Day Range | USD 168.16 – 175.75 |
| 52-Week Range | USD 156.16 – 239.48 |
| Volume | 1,915,113 shares |
| Market Cap | $35.29B |
| Exchange | NYQ |
Technical Analysis (HSY)
Nexqual's technical model rates HSY "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:28 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 64.35 (neutral) |
| vs SMA50 | Above (USD 172.09) |
| MACD | 0.15 (positive) |
Analyst Ratings (HSY)
Wall Street analysts rate HSY "Hold" based on 23 analysts, with a mean price target of USD 197.05 (range USD 170–250), per Nexqual as of October 23, 2026 at 09:28 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 23 |
| Mean Target | USD 197.05 |
| High Target | USD 250 |
| Low Target | USD 170 |
| Buy / Hold / Sell | 8 / 14 / 1 |
Earnings (HSY)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 2.11 |
| Revenue Estimate | $3.25B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.9 vs est 1.43 ▲ beat |
| 2026-03-31 | USD 2.35 vs est 2.04 ▲ beat |
| 2025-12-31 | USD 1.71 vs est 1.4 ▲ beat |
| 2025-09-30 | USD 1.3 vs est 1.06 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:28 UTC.
Financials & Fundamentals (HSY)
| Total Revenue | $12.16B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +6.60% |
| Gross Margin | +38.38% |
| Operating Margin | +23.12% |
| Profit Margin | +12.24% |
| ROE | +32.81% |
| Debt / Equity | 1.3 |
| Current Ratio | 1.18 |
| Total Cash | $791.21M |
| Total Debt | $5.92B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $2.23B (18.3% of revenue) |
Source: Nexqual, October 23, 2026 at 09:28 UTC.
Financial Health Score (HSY)
Nexqual rates The Hershey Company's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:28 UTC.
| Growth | Mixed — Revenue +4.4% YoY (annual), slow |
|---|---|
| Profitability | Solid — Gross margin 38%, operating 23% (last 12 months) |
| Balance Sheet | Mixed — $791M cash and investments vs $5.19B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $2.23B (last 4 quarters to Jun 2026, SEC), 18% margin |
| Efficiency | Strong — ROE 33%, ROA 9.9% |
Ownership (HSY)
| Insider Ownership | +0.31% |
|---|---|
| Institutional Ownership | +91.12% |
| Shares Outstanding | 146.31M |
| Float | 144.97M |
| Short % of Float | +7.19% |
Source: Nexqual, October 23, 2026 at 09:28 UTC.
Leadership (HSY)
The Hershey Company is led by Kirk C. Tanner, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:28 UTC.
| President, CEO & Director | Kirk C. Tanner |
|---|---|
| Chief Technology Officer | Deepak Bhatia |
| Senior Vice President of Strategic Projects | Steven E. Voskuil |
| Senior Vice President of Supply Chain Modernization | Jason R. Reiman |
| Senior VP & CFO | Dave Hulays |
Major Backers & Investors (HSY)
Notable institutional backers of The Hershey Company include Hershey Trust Company, Morgan Stanley, Charles Schwab Investment Management, Inc., according to Nexqual as of October 23, 2026 at 09:28 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Hershey Trust Company | 38.24% |
| Morgan Stanley | 3.86% |
| Charles Schwab Investment Management, Inc. | 3.25% |
| Income Fund of America | 2.73% |
| Charles Schwab | 2.42% |
| Capital Group | 2.39% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 11.59% |
| BlackRock | 8.97% |
| State Street | 4.94% |
| Geode Capital | 2.93% |
Source: Nexqual, October 23, 2026 at 09:28 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MDLZ | Mondelez International, Inc. | USD 65.19 | ▲ 3.91% |
| TR | Tootsie Roll Industries, Inc. | USD 37.19 | ▲ 2.17% |
| KMB | Kimberly-Clark Corporation | USD 112.32 | ▲ 5.32% |
| KVUE | Kenvue Inc. | USD 19.88 | ▲ 4.41% |
| ADM | Archer-Daniels-Midland Company | USD 79.84 | ▲ 0.6% |
| EL | Estee Lauder Companies, Inc. (T | USD 107.72 | ▲ 3.92% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:28 UTC. This page is informational and not investment advice.
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