HE, US4198701009

Jefferies cuts target to USD 7.00 for Hawaiian Electric Industries stock

Published on 10/20/2026 at 21:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income hit USD 123.20 million. Hawaiian Electric Industries stock costs EUR 7.82 on October 20, 2026, up 1.16 percent versus the Tradegate close.

Analyst target and quarterly figures

On October 6, 2026, Jefferies cut its Hawaiian Electric target from USD 8.75 to USD 7.00.
Second-quarter revenue reached USD 939.70 million, while reported net income was USD 123.20 million.
Hawaiian Electric Industries stock costs EUR 7.82 at Lang & Schwarz on October 20, 2026 at 9:36 p.m. CEST, 1.16 percent above the Tradegate close of October 19, 2026.
The next earnings date is November 6, 2026.

HE, US4198701009, Illustration mit AI erstellt.

Hawaiian Electric Industries (US4198701009) stock is at the center of a lower analyst target after Jefferies cut its price objective from USD 8.75 to USD 7.00 on October 6, 2026, while maintaining an Underperform rating, as Investing.com reported. The stock was at EUR 7.82 at Lang & Schwarz on October 20, 2026 at 9:36 p.m. CEST, up 1.16 percent versus the Tradegate close of October 19, 2026 at EUR 7.73.

Quarterly profit needs careful reading

Hawaiian Electric Industries reported USD 939.70 million in revenue for the second quarter of 2026, compared with USD 746.45 million in the first quarter. Net income reached USD 123.20 million, up from USD 26.00 million in the second quarter of 2025, but the result included a remeasurement effect tied to the Maui wildfire settlement liability, FinancialContent reported on August 7, 2026. Core net income was USD 22.00 million, down from USD 35.00 million a year earlier.

Stock remains near its yearly low

The NYSE quote was USD 8.80 at 3:42 p.m. EDT on October 20, 2026, up 4.57 percent from the previous close. Its 52-week range was USD 8.20 to USD 17.38, placing the stock 7.32 percent above its low and 49.37 percent below its high. The euro quotation therefore reflects a cross-market price rather than the home-market quote.

What comes next for earnings

The next reporting date is November 6, 2026, according to the company calendar data reported by Metacap. Hawaiian Electric Industries describes itself as a holding company whose utility serves approximately 95 percent of Hawaii's population, according to its investor-relations page. The combination of a large reported profit and lower core earnings keeps the accounting effect central to the next results discussion.

Comparison with peers

Hawaiian Electric Industries: up 4.57 percent, price-to-earnings ratio 6.37, market capitalization USD 1.43 billion.
PG&E Corporation (NYSE, USD): up 1.03 percent, price-to-earnings ratio 9.66, market capitalization USD 35.5 billion.
Edison International (NYSE, USD): up 1.54 percent, price-to-earnings ratio 5.83, market capitalization USD 21.8 billion.

Euro quote after the Xetra close

At Lang & Schwarz, Hawaiian Electric Industries stock stood at EUR 7.82 on October 20, 2026 at 9:36 p.m. CEST, 1.16 percent above the Tradegate close of October 19, 2026 at EUR 7.73. On the NYSE, it was last quoted at USD 8.80 on October 20, 2026 at 3:42 p.m. EDT. The further course of trading is shown by the continuously updated real-time quote of Hawaiian Electric Industries stock.