Stock Valuation / HSY

Is The Hershey Company (HSY) Overvalued? Fair Value & 5-Year Target

The Hershey Company trades at $163.05 (P/E 22.27). Our reference model estimates a fair value of $165.35 at its recent average P/E of 22.59.

Current price$163.05
Current EPS$7.32
Current P/E22.27
Average P/E22.59
Fair value (at avg P/E)$165.35
Upside to fair value+1.4%
Illustrative 5-yr target (25× P/E, 15% growth)$368.08

What drives HSY's valuation

Changing either assumption moves the target: a higher P/E multiple or faster EPS growth raises fair value, a lower multiple or slower growth lowers it. The interactive dashboard lets you edit both and re-run the model instantly.

About The Hershey Company

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. It operates through three segments: North America Confectionery, North America Salty Snacks, and International. The company offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. It provides its products primarily under the Hershey's, Reese's, Kisses, Jolly

Frequently asked questions

What is HSY's fair value?

At its recent average P/E of 22.59, The Hershey Company (HSY) has a reference fair value of about $165.35, which is +1.4% versus the current price of $163.05.

Is The Hershey Company (HSY) overvalued or undervalued?

Based on the average-P/E reference model, The Hershey Company looks undervalued relative to fair value by roughly +1.4%. This is a model output, not investment advice — change the P/E and growth assumptions in the dashboard for your own view.

What is a 5-year price target for HSY?

Under an illustrative model of 25× P/E and 15% annual EPS growth, the implied 5-year target is $368.08. Adjust both inputs on the interactive page to match your assumptions.

Open the interactive HSY valuation dashboard →

Figures are for informational purposes only and are not investment advice. Data as of 2026-10-14.