Hess Midstream stock gets a Reduce consensus

Published on 10/06/2026 at 09:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hess Midstream stock gets a Reduce consensus from 8 brokerages. Second-quarter revenue fell 3.70 percent to USD 399.00 million year over year.

HESM, US4281031058, Illustration mit AI erstellt.

Hess Midstream stock received a Reduce consensus from eight brokerages, with an average 12-month target of USD 37.67, according to MarketBeat on September 6, 2026. The target sits below the USD 40.03 share price cited in that report, putting valuation and distribution coverage at the center of the debate.

Second-quarter earnings beat estimates

Hess Midstream reported USD 399.00 million of revenue and USD 173.70 million of net income for the second quarter of 2026. The official Hess Midstream release dated August 3, 2026 also reported USD 278.60 million of net cash from operating activities and USD 96.40 million attributable to Hess Midstream LP.

According to Yahoo Finance on September 22, 2026, revenue declined 3.70 percent from the second quarter of 2025, while earnings per Class A share reached USD 0.75 versus a USD 0.67 consensus estimate. Third-party services increased to USD 17.90 million from USD 8.20 million, helping offset weaker throughput.

Cash flow meets operating pressure

The second-quarter gross adjusted EBITDA margin improved to 85.00 percent from 82.00 percent a year earlier, but adjusted EBITDA fell 0.70 percent to USD 313.70 million from USD 316.00 million. The contrast matters: lower operating and maintenance costs supported margins, while softer affiliate activity still limited operating growth.

Management kept full-year 2026 adjusted EBITDA guidance at USD 1.225 billion to USD 1.275 billion and adjusted free cash flow guidance at USD 910.00 million to USD 960.00 million, as reported by Yahoo Finance on September 22, 2026. Full-year operating guidance calls for 450 to 460 million cubic feet per day of gas gathering and 435 to 445 million cubic feet per day of gas processing.

NYSE range keeps the valuation in view

HESM was last at USD 38.41 on the NYSE on October 5, 2026 at 4:00 p.m. ET. Its 52-week range was USD 31.63 to USD 41.44, and market capitalization was USD 7.9 billion as of the same quote snapshot.