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Higher Cocoa Prices Aren’t Melting Hershey Stock
Surge in Cocoa Prices Shows Why Hershey Bets on Derivatives
The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last year.
Hershey forecasts lower-than-expected 2025 profit on higher cocoa prices
Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker's margins.
Higher Cocoa Prices Aren’t Melting Hershey Stock After Earnings
The chocolate maker easily beats quarterly estimates but issues disappointing guidance because of higher cocoa prices.
Hershey, Citigroup
Could Buying Hershey Stock Today Set You Up for Life?
The big, headline-grabbing problem facing Hershey today is cocoa prices, which have skyrocketed recently. So far the company's hedging efforts have limited the negative impact, but those hedges are going to start rolling off and 2025 is going to be a tough year on the profit margin front.
Citi upgrades Hershey stock to neutral
Citi upgraded Hershey Co (NYSE:HSY) to "Neutral" given a more balanced risk-reward profile following the company's 2025 earnings guidance but lowered its price target to $154 from $159, adjusting for persistently high cocoa prices and a cautious pricing strategy.
Citigroup Upgrades Hershey (HSY)
Fintel reports that on February 7, 2025, Citigroup upgraded their outlook for Hershey (NYSE:HSY) from Sell to Neutral. Analyst Price Forecast Suggests 15.67% Upside As of January 29, 2025, the average one-year price target for Hershey is $176.
9h
Hershey price target lowered to $160 from $170 at Stifel
Stifel lowered the firm’s price target on Hershey (HSY) to $160 from $170 and keeps a Hold rating on the shares after the company reported a ...
5h
on MSN
Hershey's FY25 guidance sets a reasonable floor for growth - analyst
Hershey's outlook for FY25 remains positive despite rising cocoa prices, with potential upside drivers outweighing risks, leading to a stock upgrade by Citi.
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