Jefferies cuts target to USD 7.00 for Hawaiian Electric Industries stock
Published on 10/17/2026 at 20:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and market dates
- Jefferies lowered its Hawaiian Electric target to USD 7.00 on October 6, 2026.
- Net income reached USD 123.2 million for the quarter ended June 30, 2026.
- Hawaiian Electric Industries stock stood at EUR 7.60 on October 16, 2026, up 1.06 percent versus the Tradegate close of EUR 7.52.
- The next scheduled earnings report is November 6, 2026.
Jefferies Financial Group cut its price target for Hawaiian Electric Industries from USD 8.75 to USD 7.00 and kept an Underperform rating on October 6, 2026, according to MarketBeat. The new target is 18.41 percent below the NYSE price of USD 8.58 on October 16, 2026. The last euro quote stood at EUR 7.60 on Tradegate on October 16, 2026 at 9:31 p.m. CEST, up 1.06 percent versus the Tradegate close of EUR 7.52.
Quarterly numbers add a counterweight
Hawaiian Electric Industries reported USD 123.2 million in net income for the quarter ended June 30, 2026, compared with USD 26.0 million in the same quarter of 2025. Diluted earnings per share came to USD 0.71, while adjusted earnings per share were USD 0.13 against a USD 0.21 consensus estimate, according to Earnings Today. Revenue reached USD 939.7 million for the same period.
Price sits near the yearly low
NYSE trading placed HE at USD 8.58 on October 16, 2026 at 4:00 p.m. ET, with a session range of USD 8.48 to USD 8.71. The 52-week range was USD 8.20 to USD 17.38, putting the last NYSE price 4.63 percent above the low and 50.58 percent below the high. The stock's year-to-date performance is not included in the current market figures.
Valuation and next date
Market capitalization stood at USD 1.5 billion on October 16, 2026, while the trailing P/E ratio was 6.60. Earnings Today lists November 6, 2026 as the next scheduled report date and identifies the June 30, 2026 quarter as the latest reported period.
Comparison with peers
Hawaiian Electric Industries: plus 1.06 percent, P/E 6.60, market capitalization USD 1.5 billion.
Edison International (NYSE, USD): plus 0.50 percent, P/E 5.77, market capitalization USD 21.5 billion.
PG&E Corporation (NYSE, USD): plus 1.00 percent, P/E 9.55, market capitalization USD 35.1 billion.
Tradegate quote and NYSE context
The lower Jefferies target contrasts with the latest quarter's reported net income, while the euro quote remained close to its recent Tradegate level. The further course of trading is shown by the real-time quote of Hawaiian Electric Industries stock.
Hawaiian Electric Industries market report
- Company: Hawaiian Electric Industries, Inc.
- ISIN: US4198701009
- Ticker: HE
- Primary exchange: NYSE
- Price Tradegate (as of October 16, 2026, 9:31 p.m. CEST): EUR 7.60
- Change versus Tradegate close: plus 1.06 percent
- Tradegate close (October 16, 2026): EUR 7.52
- Market capitalization: USD 1.5 billion (as of October 16, 2026)
- 52-week range: USD 8.20-17.38 (as of October 16, 2026)
- Sector / Industry: Utilities / Regulated Electric
- Next earnings date: November 6, 2026
Market context: Market report S&P 500.
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