Morgan Stanley Sets Hershey Target at $238 After Q4 EPS Beat and $3.09B Revenue
Morgan Stanley raised its Hershey Company price target to $238, implying a 3.4% upside from $230.12 after Q4 results. The company reported Q4 EPS of $1.71 on $3.09 billion revenue, delivering an 11.84% net margin and 32.08% return on equity.
1. Morgan Stanley Price Target
Morgan Stanley increased its Hershey price target to $238 from $230.12, projecting a 3.42% upside based on the company’s recent earnings performance and market position.
2. Q4 Earnings Beat
Hershey delivered Q4 earnings per share of $1.71, surpassing consensus estimates by $0.31, driven by strong consumer demand for core confectionery products.
3. Financial Metrics Overview
Revenue reached $3.09 billion, up 7% year-over-year, supporting an 11.84% net margin and a 32.08% return on equity, reflecting efficient cost management and premium pricing.
4. Guidance and Dividend
For fiscal 2026, Hershey targets EPS between $8.20 and $8.52 and announced a higher quarterly dividend payable on March 16, underscoring confidence in cash flow generation.