Hershey Co is a well-known American company that specializes in producing delicious chocolate and confectionery products. Founded in 1894, Hershey is famous for its iconic chocolate bars, such as the Hershey’s Milk Chocolate bar and Reese’s Peanut Butter Cups. Over the years, the company has expanded its product range to include snacks, baking ingredients, and even healthier snack options. Hershey Stock Price on the NYSE as of 10 December 2024 is 187.19 USD. Here are more details on Hershey Stock Price Prediction 2024, 2025, 2026 to 2030.
Hershey Co: Market Overview
- Open: $193.59
- High: $208.03
- Low: $173.61
- Mkt cap: $3.79KCr
- P/E ratio: 27.33
- Div yield: 2.93%
- 52-wk high: $211.92
- 52-wk low: $168.16
Hershey Stock Price Chart
Hershey Stock Price Prediction Tomorrow 2024 To 2030
Hershey Stock Price Prediction Years | Stock Price Prediction |
2024 | $215 |
2025 | $240 |
2026 | $265 |
2027 | $290 |
2028 | $315 |
2029 | $340 |
2030 | $365 |
Hershey Stock Price Prediction 2024
Hershey Stock Price Prediction 2024 Expected price could be $215. Here are four key factors that could influence the growth of Hershey’s stock price prediction for 2024:
- Consumer Demand for Premium Products: The growing trend toward premium, organic, or health-conscious snacks could drive sales for Hershey’s high-quality or healthier product offerings, positively impacting revenue and stock performance.
- Expansion in International Markets: Hershey’s ability to expand its presence in emerging markets, especially in Asia and Latin America, can contribute to revenue growth and enhance its global footprint.
- Raw Material Prices: Fluctuations in the cost of key ingredients like cocoa, sugar, and dairy can impact Hershey’s profit margins. Efficient management of raw material costs will be crucial to maintaining profitability.
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Brand Innovation and Marketing: Hershey’s focus on innovation, new product launches, and marketing strategies can keep the brand relevant and drive consumer loyalty, boosting sales and stock performance in 2024.
Hershey Stock Price Prediction 2025
Hershey Stock Price Prediction 2025 Expected price could be $240. Here are four key factors that could influence the growth of Hershey’s stock price prediction for 2025:
- Continued Growth in Health-Conscious Products: As consumers increasingly seek healthier snack options, Hershey’s expansion into low-sugar, organic, or plant-based products can help the company tap into a growing market and drive future growth.
- E-commerce Expansion: With the rise of online shopping, Hershey’s ability to strengthen its e-commerce presence and capitalize on direct-to-consumer sales can provide a new growth channel and support its stock performance.
- Sustainability Initiatives: Hershey’s commitment to sustainable sourcing of ingredients like cocoa and packaging materials can enhance its reputation and appeal to environmentally-conscious consumers, contributing to long-term growth.
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Strategic Acquisitions and Partnerships: Potential acquisitions or collaborations with other brands in the snack or food sectors could diversify Hershey’s product offerings and open new revenue streams, positively impacting its market valuation.
Hershey Stock Price Prediction 2030
Hershey Stock Price Prediction 2030 Expected price could be $365. Here are four key risks and challenges that could impact Hershey’s stock price prediction for 2030:
- Fluctuations in Raw Material Costs: The prices of essential ingredients like cocoa, sugar, and dairy can be volatile, and any significant increase in these costs could impact Hershey’s profit margins and stock performance.
- Changing Consumer Preferences: A shift away from traditional sweets or a decline in demand for sugary products due to health concerns or dietary trends could negatively affect Hershey’s sales and market share.
- Intense Competition: Hershey faces strong competition from both large global food companies and smaller, emerging brands offering innovative products, which could limit its growth potential and pressure its market position.
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Regulatory and Trade Risks: Changes in food regulations, tariffs, or trade restrictions, particularly in key markets like the U.S. and Europe, could increase operational costs or disrupt supply chains, impacting Hershey’s financial performance.
Hershey Co Financials
(USD) | 2023 | Y/Y change |
Revenue | 11.16B | 7.16% |
Operating expense | 2.47B | 9.74% |
Net income | 1.86B | 13.19% |
Net profit margin | 16.68 | 5.64% |
Earnings per share | 9.59 | 12.56% |
EBITDA | 2.95B | 12.23% |
Effective tax rate | 14.28% | — |
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