Hawaiian Electric Industries Inc (HE) is not a strong buy for a beginner investor with a long-term strategy at this time. The stock lacks clear upward momentum, and the financial performance, while showing some recovery, remains weak. Analysts' ratings are mixed, with no significant upgrades or strong buy recommendations. Additionally, there are no Intellectia Proprietary Trading Signals to support a buy decision today.
The MACD histogram is negative and expanding (-0.13), indicating bearish momentum. RSI is neutral at 38.532, and moving averages are converging, showing no clear trend. Support is at 15.282, and resistance is at 16.55. The stock is trading near support levels in pre-market at $15.57, but there is no strong signal for a reversal or breakout.

Revenue growth of 65.48% YoY in Q4
Significant recovery in Q4 net income compared to the prior year's loss.
Net income and EPS have dropped significantly YoY. Gross margin declined by 115.69% YoY. Analysts are cautious, with mixed ratings and concerns about unresolved regulatory and legislative issues. No recent trading activity by hedge funds, insiders, or Congress.
In Q4 2025, revenue increased by 65.48% YoY to $805.8 million, but net income dropped by 158.05% YoY to $39.6 million. EPS also declined by 158.97% YoY to 0.23. Gross margin fell significantly to 8.33, down 115.69% YoY. While there are signs of recovery in quarterly net income, overall financial performance remains weak.
Barclays raised the price target to $14 from $13 but maintained an Equal Weight rating, reflecting cautious optimism. Jefferies downgraded the stock to Underperform with a price target of $12.50, citing unresolved regulatory and legislative risks. Analysts are mixed, with no strong buy recommendations.