JPMorgan cuts target to USD 183 for Hershey Company stock
Published on 10/20/2026 at 21:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- JPMorgan cut its Hershey target from USD 193.00 to USD 183.00 on October 15, 2026.
- Second-quarter 2026 revenue reached USD 2.79 billion, up 6.60 percent year over year.
- Hershey Company stock was at EUR 150.20 at Lang & Schwarz on October 20, 2026 at 9:30 p.m. CEST.
- Third-quarter 2026 results are scheduled for October 29, 2026.
JPMorgan Chase lowered its Hershey target from USD 193.00 to USD 183.00 on October 15, 2026, while maintaining a neutral rating, as MarketBeat reported. Hershey was at EUR 150.20 at Lang & Schwarz on October 20, 2026 at 9:30 p.m. CEST.
Second-quarter revenue rose 6.60 percent
The latest reported operating figures point to a stronger second quarter. Revenue reached USD 2.79 billion in the second quarter of 2026, compared with USD 2.61 billion in the second quarter of 2025, while net income reached USD 457.67 million. The filing figures are carried by Beanvest.
Hershey stock stays below its yearly high
On the NYSE, Hershey last traded at USD 168.88 on October 20, 2026 at 3:32 p.m. EDT. Its 52-week range was USD 156.16 to USD 239.48, placing the latest US price USD 70.60 below the high and USD 12.72 above the low. The market value was USD 33.9 billion, and the price earnings ratio was 23.05.
What comes before the next results?
The next scheduled milestone is the third-quarter 2026 earnings report on October 29, 2026, before the US market opens, according to Investing.com. UBS reiterated a neutral rating and a USD 178.00 target in the same report, but that target is not used as the headline fact because the October 15 JPMorgan action is more recent.
Comparison with peers
Hershey: up 1.13 percent on the NYSE, price earnings ratio 23.05, market capitalization USD 33.9 billion.
Mondelez International (Nasdaq, USD): up 1.14 percent, price earnings ratio 23.54, market capitalization USD 81.8 billion.
Keurig Dr Pepper (Nasdaq, USD): up 0.20 percent, price earnings ratio 34.73, market capitalization USD 47.0 billion.
Target cuts keep valuation in view
The JPMorgan target is USD 14.12 above the latest NYSE price, a gap of 8.36 percent. For investors, the October 29 results will test whether the second-quarter revenue increase can be sustained while the stock remains well below its 52-week high.
Hershey was trading at EUR 150.20 at Lang & Schwarz on October 20, 2026 at 9:30 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Hershey Company stock.
Hershey Company stock facts
- Company: The Hershey Company
- ISIN: US4278661081
- Ticker: HSY
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 9:30 p.m. CEST): EUR 150.20
- Market capitalization: USD 33.9 billion (as of October 20, 2026)
- 52-week range: USD 156.16-239.48 (as of October 20, 2026)
- Sector / Industry: Consumer Defensive / Food Confectioners
- Index membership: S&P 500
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
