Hershey outlines profit reset: Bank of America cuts target for Hershey Company stock

Published on 10/02/2026 at 16:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 2.79 billion in the second quarter, up 6.60 percent. Hershey Company stock costs EUR 142.23 on October 2, 2026 after EUR 141.70.

Draufsicht-Flatlay mit Aktienzertifikat, ISIN-Karte US4278661081, Kakaobohnen und Schokoladenstücken auf dunklem Marmor — Hershey Company US4278661081 als Flatlay mit Aktienzertifikat Kakaobohnen Schokolade Goldmünzen und Füllfederhalter auf Marmor, Illustration mit AI erstellt.

The Hershey Company (ISIN US4278661081) was trading at EUR 142.23 at Lang & Schwarz on October 2, 2026 at 4:07 p.m. CEST, up 0.37 percent from the EUR 141.70 prior close. At the Barclays consumer conference on September 9, 2026, Hershey outlined a plan to restore profit in 2026 and 2027 before returning to balanced growth in 2028, while Bank of America had cut its price target from USD 220.00 to USD 200.00 on June 25, 2026.

Profit restoration meets cautious guidance

According to Investing.com on September 9, 2026, management said the second-quarter performance was supported by stronger demand and better price elasticity. The company kept its full-year outlook cautious, citing consumer pressure, fuel costs and competitive intensity.

MarketBeat reported that revenue reached USD 2.79 billion in the second quarter of 2026, up 6.60 percent from the prior-year quarter. Fiscal 2026 earnings per share guidance was USD 8.36-8.52.

Results beat estimates, but cocoa still matters

The same MarketBeat report said quarterly earnings per share came in at USD 1.90 versus a USD 1.43 consensus estimate. The comparison shows why the profit recovery message has traction, but the unchanged guidance range also signals that Hershey is retaining room for higher second-half spending and operating risk.

Investing.com said Hershey expects its long-term organic sales algorithm to remain 2.00-4.00 percent. The conference discussion also identified salty snacks, functional snacking, international expansion and innovation as growth pillars, while cocoa costs remain an important variable for 2027 earnings.

Stock remains below its yearly high

On the NYSE, HSY was last at USD 160.64 on October 2, 2026 at 10:18 a.m. ET. The USD 156.16-239.48 52-week range places the primary-exchange quote near its yearly low, while the euro quote from Lang & Schwarz shows a modest intraday gain against its prior close.

The Hershey Company was trading at EUR 142.23 at Lang & Schwarz on October 2, 2026 at 4:07 p.m. CEST, plus 0.37 percent versus the Lang & Schwarz prior close of EUR 141.70 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Hershey Company stock.