Goldman Sachs has upgraded Hershey Co (HSY) to a Buy rating from Sell, effective September 15, 2025. The stock is currently priced at $185.52.
This upgrade reflects a more optimistic outlook on Hershey's business fundamentals and performance. The company, headquartered in Hershey, Pennsylvania, is a leading manufacturer and marketer of chocolate, sweets, mints, and confectionery products. With a market capitalization of $37.0 billion, Hershey has a P/E ratio of 27.21 and an EPS of 6.69. The firm also offers a dividend yield of 300.3%.
Hershey operates across several segments, including North America Confectionery and North America Salty Snacks. Its product portfolio features popular brands like Hershey's, Reese's, and Kit Kat, as well as salty snacks such as SkinnyPop.
Upcoming earnings reports are scheduled for July 28, 2026, with an EPS estimate of $1.16 and revenue estimated at $2.7 billion, followed by another report on April 29, 2026, with an EPS estimate of $1.82 and revenue of $3.0 billion.
Analyst consensus as of November 1, 2025, shows 2 Strong Buy, 6 Buy, 18 Hold, 2 Sell, and no Strong Sell ratings, indicating a general Hold consensus among analysts.