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The Hershey Co has a consensus price target of $183.76 based on the ratings of 26 analysts. The high is $222 issued by Goldman Sachs on September 16, 2025. The low is $134 issued by Jefferies on January 21, 2025. The 3 most-recent analyst ratings were released by Morgan Stanley, Stifel, and Morgan Stanley on December 15, 2025, December 11, 2025, and December 4, 2025, respectively. With an average price target of $200.33 between Morgan Stanley, Stifel, and Morgan Stanley, there's an implied 6.51% upside for The Hershey Co from these most-recent analyst ratings.
1calculated from analyst ratings
| Get Alert | |||||
|---|---|---|---|---|---|
| Dec 15, 2025 | 12.18% | 195211 | Previous Equal-Weight Current Overweight | Get Alert | |
| Dec 11, 2025 | 3.67% | 185195 | Previous Hold Current Hold | Get Alert | |
| Dec 4, 2025 | 3.67% | 184195 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Dec 4, 2025 | -3.77% | 181 | Previous Current Hold | Get Alert | |
| Nov 21, 2025 | -4.3% | 167180 | Previous Neutral Current Neutral | Get Alert | |
| Nov 10, 2025 | -1.64% | 185188 | Previous Neutral Current Neutral | Get Alert | |
| Oct 31, 2025 | 6.33% | 200204 | Previous Hold Current Hold | Get Alert | |
| Oct 31, 2025 | 1.02% | 190205 | Previous Neutral Current Neutral | Get Alert | |
| Oct 31, 2025 | -11.21% | 167167 | Previous Underweight Current Neutral | Get Alert | |
| Oct 31, 2025 | -1.64% | 185195 | Previous Hold Current Hold | Get Alert | |
| Oct 31, 2025 | 14.31% | 215220 | Previous In-Line Current In-Line | Get Alert | |
| Oct 24, 2025 | 3.67% | 185195 | Previous Hold Current Hold | Get Alert | |
| Oct 20, 2025 | 0.48% | 187189 | Previous Neutral Current Neutral | Get Alert | |
| Oct 8, 2025 | 8.99% | 192205 | Previous Neutral Current Neutral | Get Alert | |
| Sep 25, 2025 | -16.53% | 154157 | Previous Underweight Current Underweight | Get Alert | |
| Sep 16, 2025 | 18.03% | 170222 | Previous Sell Current Buy | Get Alert | |
| Sep 9, 2025 | -11.21% | 160167 | Previous Underweight Current Underweight | Get Alert | |
| Aug 20, 2025 | -0.58% | 146187 | Previous Neutral Current Neutral | Get Alert | |
| Aug 4, 2025 | -0.05% | 171188 | Previous Neutral Current Neutral | Get Alert | |
| Aug 1, 2025 | 1.02% | 165190 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jul 31, 2025 | -1.64% | 180185 | Previous Hold Current Hold | Get Alert | |
| Jul 31, 2025 | -18.12% | 135154 | Previous Underweight Current Underweight | Get Alert | |
| Jul 31, 2025 | -14.93% | 145160 | Previous Underweight Current Underweight | Get Alert | |
| Jul 31, 2025 | 0.48% | 173189 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jul 29, 2025 | -4.3% | 160180 | Previous Hold Current Hold | Get Alert | |
| Jul 28, 2025 | -12.28% | 155165 | Previous Neutral Current Neutral | Get Alert | |
| Jul 23, 2025 | -22.91% | 120145 | Previous Underweight Current Underweight | Get Alert | |
| May 28, 2025 | -17.59% | 155167 | Previous Neutral Current Neutral | Get Alert | |
| May 5, 2025 | -12.28% | 160165 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| May 5, 2025 | -13.34% | 162163 | Previous Neutral Current Neutral | Get Alert | |
| May 2, 2025 | -9.62% | 170175 | Previous Neutral Current Neutral | Get Alert | |
| May 2, 2025 | -6.96% | 175178 | Previous Sector Perform Current Sector Perform | Get Alert | |
| Apr 17, 2025 | -6.96% | 159175 | Previous Neutral Current Neutral | Get Alert | |
| Apr 17, 2025 | -5.9% | 177183 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Apr 15, 2025 | -12.28% | 165173 | Previous Neutral Current Neutral | Get Alert | |
| Mar 24, 2025 | -2.71% | 183 | Previous Initiates Current Equal-Weight | Get Alert | |
| Mar 14, 2025 | -29.82% | 125132 | Previous Underweight Current Underweight | Get Alert | |
| Feb 10, 2025 | -14.93% | 160170 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Feb 10, 2025 | -20.78% | 149164 | Previous Neutral Current Neutral | Get Alert | |
| Feb 7, 2025 | -14.93% | 160170 | Previous Hold Current Hold | Get Alert | |
| Feb 7, 2025 | -18.12% | 154159 | Previous Sell Current Neutral | Get Alert | |
| Feb 6, 2025 | -22.38% | 146151 | Previous Neutral Current Neutral | Get Alert | |
| Feb 3, 2025 | -5.36% | 178178 | Previous Sector Perform Current Sector Perform | Get Alert | |
| Jan 31, 2025 | -36.2% | 120153 | Previous Neutral Current Underweight | Get Alert | |
| Jan 24, 2025 | -9.62% | 170180 | Previous Hold Current Hold | Get Alert | |
| Jan 23, 2025 | -21.31% | 148184 | Previous Hold Current Hold | Get Alert | |
| Jan 21, 2025 | -28.76% | 134150 | Previous Underperform Current Underperform | Get Alert | |
| Jan 17, 2025 | -9.62% | 170180 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jan 17, 2025 | -25.57% | 140150 | Previous Underweight Current Underweight | Get Alert | |
| Jan 16, 2025 | -13.34% | 163189 | Previous Neutral Current Neutral | Get Alert | |
| Jan 16, 2025 | -18.66% | 153168 | Previous Neutral Current Neutral | Get Alert | |
| Jan 16, 2025 | -19.72% | 151171 | Previous Neutral Current Neutral | Get Alert | |
| Jan 15, 2025 | -5.36% | 178183 | Previous Sector Perform Current Sector Perform | Get Alert | |
| Jan 8, 2025 | -8.55% | 172190 | Previous Hold Current Hold | Get Alert | |
| Jan 8, 2025 | -15.47% | 159165 | Previous Sell Current Sell | Get Alert | |
| Jan 7, 2025 | -20.25% | 150160 | Previous Underweight Current Underweight | Get Alert | |
| Dec 12, 2024 | -14.93% | 160175 | Previous Equal-Weight Current Underweight | Get Alert | |
| Dec 12, 2024 | -4.3% | 180 | Previous Current Neutral | Get Alert | |
| Dec 10, 2024 | -2.71% | 183183 | Previous Sector Perform Current Sector Perform | Get Alert | |
| Dec 10, 2024 | 3.67% | 180195 | Previous Neutral Current Neutral | Get Alert | |
| Dec 9, 2024 | -4.3% | 180200 | Previous Neutral Current Neutral | Get Alert | |
| Nov 11, 2024 | -4.3% | 180202 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Nov 8, 2024 | -9.09% | 171180 | Previous Neutral Current Neutral | Get Alert | |
| Nov 8, 2024 | -2.71% | 183205 | Previous Sector Perform Current Sector Perform | Get Alert | |
| Nov 8, 2024 | -10.68% | 165168 | Previous Neutral Current Neutral | Get Alert | |
| Oct 31, 2024 | -14.4% | 161163 | Previous Underperform Current Underperform | Get Alert | |
| Oct 25, 2024 | -4.3% | 180195 | Previous Hold Current Hold | Get Alert | |
| Oct 23, 2024 | -12.28% | 165179 | Previous Neutral Current Neutral | Get Alert | |
| Oct 22, 2024 | -12.28% | 165 | Previous Initiates Current Sell | Get Alert | |
| Oct 15, 2024 | 3.67% | 195200 | Previous Neutral Current Neutral | Get Alert | |
| Oct 14, 2024 | -4.3% | 180188 | Previous Neutral Current Neutral | Get Alert | |
| Oct 7, 2024 | 11.12% | 209226 | Previous Buy Current Neutral | Get Alert | |
| Oct 7, 2024 | 8.99% | 205230 | Previous Outperform Current Market Perform | Get Alert | |
| Sep 26, 2024 | -13.34% | 163184 | Previous Hold Current Underperform | Get Alert | |
| Sep 24, 2024 | 7.4% | 202204 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Aug 27, 2024 | -3.24% | 182195 | Previous Neutral Current Sell | Get Alert | |
| Aug 14, 2024 | — | — | Previous Buy Current Hold | Get Alert | |
| Aug 12, 2024 | -1.64% | 185 | Previous Initiates Current Sell | Get Alert | |
| Aug 2, 2024 | 8.99% | 205209 | Previous Sector Perform Current Sector Perform | Get Alert | |
| Aug 2, 2024 | -0.05% | 183188 | Previous Neutral Current Neutral | Get Alert | |
| Aug 2, 2024 | 1.55% | 191192 | Previous Hold Current Hold | Get Alert | |
| Aug 2, 2024 | 3.67% | 188195 | Previous Neutral Current Neutral | Get Alert | |
| Jul 23, 2024 | 2.08% | 192197 | Previous Hold Current Hold | Get Alert | |
| Jul 17, 2024 | -0.05% | 188204 | Previous Neutral Current Neutral | Get Alert | |
| Jul 17, 2024 | 22.28% | 230237 | Previous Outperform Current Outperform | Get Alert | |
| Jul 10, 2024 | 6.33% | 200210 | Previous Neutral Current Neutral | Get Alert | |
| Jun 21, 2024 | -4.83% | 179179 | Previous Neutral Current Neutral | Get Alert | |
| Jun 21, 2024 | 3.67% | 195205 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jun 18, 2024 | 8.46% | 204210 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| May 30, 2024 | 19.62% | 225240 | Previous Buy Current Buy | Get Alert | |
| May 6, 2024 | 8.99% | 200205 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Apr 17, 2024 | 6.33% | 200205 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Apr 15, 2024 | -4.83% | 179200 | Previous Neutral Current Neutral | Get Alert | |
| Apr 11, 2024 | 5.8% | 199213 | Previous Neutral Current Neutral | Get Alert | |
| Mar 26, 2024 | 10.59% | 208 | Previous Outperform Current Neutral | Get Alert | |
| Mar 15, 2024 | 13.24% | 213213 | Previous Sector Perform Current Sector Perform | Get Alert | |
| Feb 12, 2024 | 11.65% | 200210 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Feb 12, 2024 | -2.71% | 183191 | Previous Equal-Weight Current Underweight | Get Alert | |
| Feb 9, 2024 | 2.61% | 185193 | Previous Neutral Current Neutral | Get Alert | |
| Feb 9, 2024 | 11.65% | 190210 | Previous Equal-Weight Current Equal-Weight | Get Alert |
The latest price target for Hershey (NYSE:HSY) was reported by Morgan Stanley on December 15, 2025. The analyst firm set a price target for $211.00 expecting HSY to rise to within 12 months (a possible 12.18% upside). 56 analyst firms have reported ratings in the last year.
The latest analyst rating for Hershey (NYSE:HSY) was provided by Morgan Stanley, and Hershey upgraded their overweight rating.
The last upgrade for The Hershey Co happened on December 15, 2025 when Morgan Stanley raised their price target to $211. Morgan Stanley previously had an equal-weight for The Hershey Co.
The last downgrade for The Hershey Co happened on January 31, 2025 when Piper Sandler changed their price target from $153 to $120 for The Hershey Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hershey, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hershey was filed on December 15, 2025 so you should expect the next rating to be made available sometime around December 15, 2026.
While ratings are subjective and will change, the latest Hershey (HSY) rating was a upgraded with a price target of $195.00 to $211.00. The current price Hershey (HSY) is trading at is $188.09, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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