Insider buying last 90 days
No open-market insider purchases were filed for HE in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every HE insider filing, plotted on the chart in Gekko.Open HE in Gekko
NYSE: HE
Hawaiian Electric Industries (HE) Stock Analysis & Forecast
Oct 12 close
$8.66−0.10 (−1.1%)
Gekko Brief
AI summaryOct 12 closeHawaiian Electric fell this week amid repeated Jefferies price-target cuts, with the firm lowering its target to $7.00 from $8.75 and maintaining an Underperform rating on anticipated storm costs and financing expenses. The stock also touched a 52-week low of $8.68, and reported Q2 GAAP net income of $123.2 million, or $0.71 diluted EPS, aided by a non-cash reduction in wildfire settlement liability, even as core earnings declined to $22.5 million, or $0.13 per share, from $35.4 million, or $0.20 per share, a year earlier. Separately, new Hawaii legislation capping wildfire liability and funding settlements has prompted at least one view that the stock is modestly undervalued.
The stock closes at $8.66, down 1.1%, sitting below both its 50-day average of $10.59 and 200-day average of $13.46, with the 50-day below the 200-day. The GekkoIndex reads 70.1, placing HE in the Buying zone, while price sits 12.2% below Gekko Fair Value of $9.86.
Earnings are due 6 November, 24 days out, falling inside a typical 20-day holding window, with the last reaction at -6.5% against an average absolute move of 4.2%. No insider, Congress or unusual options activity appears in the recent windows. Seasonally, the next 20 trading days have averaged +8.2% over 5 years, rising in 5 of them. Analyst consensus stands at hold-to-sell, with a $8.62 target.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
Hawaiian Electric Industries price vs fair value
Close $8.66200-day averageGekko Fair Value $9.86
Hawaiian Electric Industries quick facts
- Market cap
- $1.50B
- P/E ratio
- 6.8
- Forward P/E
- 8.9
- EPS, TTM
- $1.30
- Revenue, TTM
- $3.28B
- Profit margin
- 6.8%
- Dividend yield
- —
- Beta
- 0.50
- Volume
- 2.72M avg 2.94M
- 1-year return
- −21.5%
- Typical daily move
- ±2.8%
- Typical 20-day move
- ±5.6%
- 50-day average
- $10.59
- 200-day average
- $13.46
- Next earnings
- Nov 6 after close
- Shares outstanding
- 173.0M
Hawaiian Electric Industries swing-trade checklist
Hawaiian Electric Industries scores 3 supportive, 0 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive0 mixed2 headwinds
- Trendheadwind
Below 50 and 200-day
Close $8.66 is below the 50-day ($10.59) and 200-day ($13.46) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
70.1, Buying
Reading 70.1 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
12.2% below
Price is 12.2% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 25 days
Reports on Nov 6, 2026, 25 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+8.2% on average
From this point in the calendar, the next 20 trading days averaged +8.2% over 5 years, rising in 5 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Hawaiian Electric Industries stock chart and price history
Hawaiian Electric Industries closed at $8.66 on Oct 12, 2026, −21.5% over the past year, inside a 52-week range of $8.56 to $17.38.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −16.6%
- 3 months
- −35.9%
- 6 months
- −43.3%
- 1 year
- −21.5%
The full HE chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open HE in Gekko
Follow Hawaiian Electric Industries through every session
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About Hawaiian Electric Industries
Hawaiian Electric Industries is a holding company whose operations center on supplying electricity and banking services within the state of Hawaii, alongside stakes in renewable energy projects. Its utility arm generates, transmits, and distributes power across islands including Oahu, Hawaii, Maui, Lanai, and Molokai, drawing on sources such as wind, solar, geothermal, wave, hydroelectric, and biofuels. It serves a mix of customers ranging from suburban neighborhoods and resorts to military bases and farms.
Beyond electricity, the company owns a community bank that offers everyday accounts and a broad set of lending products, covering residential and commercial mortgages, construction loans, multifamily and commercial real estate financing, and general consumer and business credit. This banking network spans 42 branches distributed across Oahu, Maui, Hawaii, Kauai, and Molokai. A separate segment places capital into non-regulated renewable energy and sustainable infrastructure ventures, all located within the Hawaiian Islands.
The company traces its founding to 1891 and is headquartered in Honolulu, Hawaii. Its shares trade on the NYSE under the ticker HE.
- Listed
- NYSE
- Sector
- Utilities
- Industry
- Electric utilities
- Website
- hei.com
Hawaiian Electric Industries GekkoIndex: the smart money zone
Hawaiian Electric Industries’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 70.1, in the Buying zone, down 3 points over five sessions.
70.1Buying
Down 3 points over five sessions.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 83 | +0.7% | +15.7% | ||
| Accumulation | 228 | −0.4% | −1.1% | ||
| Neutral | 355 | −0.1% | −1.6% | ||
| Distribution | 15 | +3.5% | −9.6% | ||
| Selling | 1 | Too few readings yet | |||
Average HE share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.1% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the HE price, zone by zone.Track HE in Gekko
Is Hawaiian Electric Industries stock overvalued? Gekko Fair Value
Hawaiian Electric Industries trades 12.2% below Gekko Fair Value of $9.86, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Hawaiian Electric Industries shares are worth, recalculated every trading day.
$9.86
Gekko Fair Value, Oct 10, 2026
12.2% Undervalued
At the end of Aug 2026 the price was 8.0% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open HE in Gekko
Hawaiian Electric Industries insider and Congress trading
No open-market insider purchases were filed for Hawaiian Electric Industries, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in HE were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for HE, plotted on the chart in Gekko.Open HE in Gekko
Buybacks
Hawaiian Electric Industries has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $128K
- As a share of market cap
- 0.01%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds HE.
0added0opened1trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
Hawaiian Electric Industries earnings: next date and track record
Hawaiian Electric Industries reports on Nov 6, 2026, after the close (25 days away), and beat the EPS estimate in 3 of its last 8 reports.
Next earnings report
Nov 6, 2026
Expected after the close, 25 days away
- EPS estimate
- $0.06
- Revenue estimate
- $939.0M
3 of 8reports beat the EPS estimate
±4.2%average move across the report
3 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 7, 2026 AI summary
- What they said
- HEI Q2 2026 earnings call: Management discussed regulatory updates including PUC approvals for the Wildfire Mitigation Plan (WMP) and recovery mechanisms (EPRM) and plan to seek securitization under Act 258 to minimize costs for customers. They are in a transitional year preparing for rate rebasing in 2027; resubmitted their rate rebasing request and have stakeholder support and a tentative procedural schedule. Financials: Q2 net income $123.2M ($0.71/share) driven by a non-cash remeasurement of Maui wildfire settlement liability reducing expense by $153.9M (pre-tax $136.2M). Excluding non-core items, core net income fell to $22.5M ($0.13) from $35.4M ($0.20) YoY; utility core net income decreased due to higher interest expense and O&M (vegetation management, generation overhaul, inspection and maintenance). Holding company core net loss widened primarily due to lower interest income. Management discussed higher O&M driven by episodic storm costs, deliberate spend-ahead (vegetation management), and structural increases like insurance premiums; they are managing through rate rebasing, operational risk reduction (improving insurance per-million rates), Phase 6 process adjustments, insourcing work, and other efficiencies. In Q&A, analysts asked about securitization impact on capital plan, rate rebasing timing (expect next rebase around 2032 after five-year plan), and O&M trajectory; management replied with clarification that securitized costs would be excluded from rate base, plan to file securitization application this year, and provided qualitative O&M breakdown. Management also commented on JERA’s proposal to establish a regulated GenCo in Hawaii; HEI will participate in regulatory process and emphasizes customer interest and existing framework. Closing emphasized progress on safety, improved credit ratings, affordability focus, planned securitization and resource procurements.
- Guidance
- Management provided forward-looking items but no specific quantitative guidance for 2026 or beyond. They expect rate rebasing in 2027 and indicated a plan to file securitization application this year; they expect rebasing to set rates for a five-year term (next rebase ~2032). No explicit revenue, EPS, or margin guidance was given.
- Risks flagged
- Risks mentioned include higher O&M costs (vegetation management, generation overhaul, inspection), higher interest expense due to elevated debt balances, higher insurance premiums, episodic storm-related costs, and regulatory uncertainty around recovery mechanisms and the potential new GenCo proposal (JERA).
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 7, 2026 | $0.20 est $0.17 | $939.7M est $939.7M | −6.5% |
| May 8, 2026 | $0.18 est $0.28 | $744.0M est $746.4M | −9.7% |
| Feb 27, 2026 | $0.24 est $0.24 | $805.8M est $805.8M | +3.2% |
| Nov 7, 2025 | $0.19 est $0.24 | $790.6M | −3.4% |
| Aug 7, 2025 | $0.20 est −$0.20 | $746.4M | −2.4% |
| May 9, 2025 | $0.23 est $0.23 | $744.1M | +2.6% |
| Feb 21, 2025 | $0.20 est $0.40 | $486.9M est $1.16B | +0.3% |
| Nov 8, 2024 | $0.46 est $0.53 | $938.4M est $917.2M | −5.8% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Hawaiian Electric Industries stock forecast and analyst price targets
Analysts’ average 12-month price target for Hawaiian Electric Industries is $8.62, −0.5% from the last close, from 3 firms rating the stock in the last 90 days.
$8.62consensus 12-month target, −0.5% from the last close
Now $8.66Avg $8.62
Low $7High $9
Each firm’s latest rating in the last 90 days: 3 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Oct 6 | Jefferies | $7 | −19.2% |
| Sep 30 | Barclays | $9 | +3.9% |
| Sep 8 | Ladenburg Thalmann & Co. | $7 | −19.2% |
| Aug 11 | Barclays | $12 | +38.6% |
+15.7%average 20-day move after past Buying readings
+8.2%average move over the next 20 trading days in the last 5 years
±2.8%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Hawaiian Electric Industries seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, Hawaiian Electric Industries averaged +8.2% across the last 5 years, rising in 5 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +4.9% | 5 of 5 |
| Next 10 trading days | +3.7% | 4 of 5 |
| Next 15 trading days | +6.4% | 5 of 5 |
| Next 20 trading days | +8.2% | 5 of 5 |
| Next 30 trading days | +7.2% | 5 of 5 |
For scale, HE’s typical 20-trading-day move in either direction is about 5.6%.
Hawaiian Electric Industries market cap and key statistics
Hawaiian Electric Industries’s market cap is $1.50B, with a P/E ratio of 6.8 and revenue of $3.28B over the last twelve months.
Valuation
- Market cap
- $1.50B
- P/E ratio
- 6.8
- Forward P/E
- 8.9
- EPS, TTM
- $1.30
- Gekko Fair Value
- $9.86
Trading
- Volume
- 2.72M
- Avg volume, 20 days
- 2.94M
- 52-week high
- $17.38
- 52-week low
- $8.56
- Shares outstanding
- 173.0M
Financials
- Revenue, TTM
- $3.28B
- Profit margin
- 6.8%
- Return on equity
- 13.5%
- Quarterly earnings growth, YoY
- +373.3%
Risk and income
- Beta
- 0.50
- Typical daily move
- ±2.8%
- Typical 20-day move
- ±5.6%
Hawaiian Electric Industries stock news this week
Coverage of Hawaiian Electric Industries this week reads negative: 0 positive, 3 neutral and 6 negative headlines.
- Hawaiian Electric Industries (HE) Could Be 3% Undervalued Following Wildfire Liability ReliefSimply Wall Street, Oct 11
- Price-Driven Insight from (HE) for Rule-Based StrategyStock Traders Daily, Oct 9
- Hawaiian Electric stock hits 52-week low at 8.68 USDInvesting.com, Oct 9
- Jefferies cuts target for Hawaiian Electric Industries stock to USD 7.00AD HOC NEWS, Oct 8
- Hawaiian Electric stock hits 52-week low at 8.68 USD By Investing.comInvesting.com Nigeria, Oct 8
- HE Maintains Rating by Jefferies -- Price Target Lowered to $7.0GuruFocus, Oct 7
Hawaiian Electric Industries peers
Hawaiian Electric Industries’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| NEENextEra Energy | Accumulation | 20.2% below |
| CEGConstellation Energy | Neutral | 16.5% above |
| SOSouthern | Neutral | 8.8% above |
| DUKDuke Energy | Neutral | 4.8% above |
| AEPAmerican Electric Power | Neutral | 12.1% above |
| DDominion Energy | Accumulation | 8.0% below |
A peer links to its own page where one exists.
Hawaiian Electric Industries stock FAQ
What is Hawaiian Electric Industries’s market cap?
Hawaiian Electric Industries’s market cap is $1.50B at the Oct 12, 2026 close of $8.66, with 173.0M shares outstanding. The shares trade on a P/E ratio of 6.8.
What is the Hawaiian Electric Industries stock forecast?
The consensus analyst 12-month price target for Hawaiian Electric Industries is $8.62, −0.5% from the last close. Of the 3 firms that rated the stock in the last 90 days, 0 rate it a buy, 1 a hold and 2 a sell. Gekko doesn’t publish price predictions of its own.
Is Hawaiian Electric Industries stock overvalued or undervalued?
On Gekko’s estimate Hawaiian Electric Industries is undervalued: the Oct 12, 2026 close of $8.66 is 12.2% below Gekko Fair Value of $9.86. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Hawaiian Electric Industries report earnings next?
Hawaiian Electric Industries is expected to report on Nov 6, 2026, after the market closes (25 days away). Analysts expect earnings of $0.06 per share on revenue of $939.0M. Hawaiian Electric Industries beat the earnings estimate in 3 of its last 8 reports, moving 4.2% on average across the report.
What is Hawaiian Electric Industries’s 52-week high and low?
Hawaiian Electric Industries’s 52-week high is $17.38 and its 52-week low is $8.56; it closed at $8.66 on Oct 12, 2026, −21.5% over the past year. Over the last five years the shares peaked at $44.72 on Apr 20, 2022.
Is Hawaiian Electric Industries stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality) and 2 as headwinds (trend and earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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