To predict the stock price of The Hershey Company (HSY) for the next trading week, we analyze both technical indicators and recent news sentiment.
HSY's technical indicators suggest a mixed outlook:
Based on overbought conditions and resistance levels, HSY may face a pullback. The stock is likely to test support levels, with a target price of $171.06.
Recommendation: Sell or hedge positions to lock in profits.
The price of HSY is predicted to go up -14.93%, based on the high correlation periods with CCRD. The similarity of these two price pattern on the periods is 98.33%.
HSY
CCRD
Hershey has intentionally rationalized its fare over the past few years to ensure shelf space and advertising dollars are being allocated to the highest return opportunities.
Low-priced competition is scant in the US confectionery space, as private-label fare holds just a low-single-digit share of the chocolate aisle on its home turf, versus 36% for Hershey.
We posit its more recently acquired salty lineup complements its confectionery fare and unlocks the potential for innovation that blends the two taste profiles, which Hershey is uniquely positioned to achieve.
Barclays
2025-02-10
Price Target
$170 → $160
Upside
+3.58%
DA Davidson
2025-02-10
Price Target
$164 → $149
Downside
-3.54%
Piper Sandler
2025-01-31
Price Target
$153 → $120
Downside
-19.6%