Hess Midstream LP

HESMNYSEEnergyOil & Gas Midstream

$30.61- (-)1Y −10.97%

As of Oct 23, 2026 close

Market cap: $3.93B
P/E (TTM): 10.48
Forward P/E: 8.04
Dividend yield: 10.28%
52-week range: $29.85$41.44
Volume (live): -
Avg. volume (3M): 2.54M

Hess Midstream LP (HESM) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Hess Midstream LP stock.

Analyst Consensus Rating

Investment consensus from 8 professional research analysts

Consensus Rating

Hold

Based on 8 unique analysts

(10 total ratings in last 90 days)

Medium Confidence0.7:1 Buy/Sell

Average Price Target

$33.33

+8.89% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest HESM Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 23, 2026	James Weston	Raymond James	Upgrades	Buy	$32.00
Oct 13, 2026	Manav Gupta	UBS	Reiterates	Hold	$37.00 → $34.00 −3.00 (−8.1%)
Oct 13, 2026	Doug Irwin	Citi	Maintains	Hold	$37.00 → $33.00 −4.00 (−10.8%)
Oct 12, 2026	Robert Kad	Morgan Stanley	Maintains	Sell	$39.00 → $30.00 −9.00 (−23.1%)
Oct 2, 2026	Jeremy Tonet	JP Morgan	Downgrades	Sell	$39.00
Aug 21, 2026	Todd Shriber	TopStockAnalysts	Initiates Coverage	Buy	-
Aug 12, 2026	Robert Kad	Morgan Stanley	Reiterates	Sell	$39.00
Aug 7, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Hold	-
Aug 4, 2026	John Mackay	Goldman Sachs	Maintains	Sell	$32.00
Aug 3, 2026	John Mackay	Goldman Sachs	Maintains	Sell	$32.00

James Weston

Raymond James

BuyUpgrades

$32.00

Oct 23

Manav Gupta

UBS

HoldReiterates

$37.00 → $34.00

Oct 13

Doug Irwin

Citi

HoldMaintains

$37.00 → $33.00

Oct 13

Robert Kad

Morgan Stanley

SellMaintains

$39.00 → $30.00

Oct 12

Jeremy Tonet

JP Morgan

SellDowngrades

$39.00

Oct 2

Todd Shriber

TopStockAnalysts

BuyInitiates Coverage

Aug 21

Robert Kad

Morgan Stanley

SellReiterates

$39.00

Aug 12

Zacks Equity Research

HoldInitiates Coverage

Aug 7

John Mackay

Goldman Sachs

SellMaintains

$32.00

Aug 4

John Mackay

Goldman Sachs

SellMaintains

$32.00

Aug 3

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 23, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for HESM?

The analyst consensus rating for HESM is Hold, based on the latest ratings from 8 analysts over the last 90 days.

What is the average price target for HESM?

The average 12-month price target for HESM is $33.33, representing an upside of 8.9% from the Oct 23, 2026 close of $30.61.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.