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Hawaiian Electric Industries, I (HE) Stock Analysis

Range Bound setup

SellModerate Confidence

Utilities · Utilities - Regulated Electric

Sell if holding. Engine safety override at $15.29: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.4/10. Specifically: High short interest: 10%; Below-average business quality; Negative price momentum.

Hawaiian Electric Industries is an electric utility holding company whose subsidiaries provide essential electric service to approximately 95% of Hawaii's population across five separate grids. Revenue comes from regulated electricity rates set by the Hawaii Public Utilities... Read more

$15.29+2.9% A.UpsideScore 4.4/10#37 of 38 Utilities - Regulated Electric
Stop $14.36Target $15.73(resistance)A.R:R -3.9:1
Analyst target$13.75-10.1%3 analysts
$15.73our TP
$15.29price
$13.75mean
$14
$16

Sell if holding. Engine safety override at $15.29: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.4/10. Specifically: High short interest: 10%; Below-average business quality; Negative price momentum. Chart setup: RSI 43 mid-range, Bollinger mid-band. Score 4.4/10, moderate confidence.

Passes 4/7 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Geographic: Hawaii
Target reached (-23.6% upside)
Quality below floor (3.6 < 4.0)

Key Metrics

P/E (TTM)21.0
P/E (Fwd)13.0
Mkt Cap$2.6B
EV/EBITDA9.4
Profit Mgn4.0%
ROE7.9%
Rev Growth0.8%
Beta0.57
DividendNone
Rating analysts10

Quality Signals

Piotroski F5/9

Options Flow

P/C0.09bullish
IV58%elevated

Concentration Risks(10-K Item 1A)

  • HIGHGeographicHawaii
    10-K Item 1A: 'The business of the Utilities is concentrated on the individual islands they serve in the State of Hawaii.'

Material Events(8-K, last 90d)

  • 2026-04-10Item 5.02HIGH
    Scott T. DeGhetto's term as EVP and CFO (principal financial officer) ended April 1, 2026. He entered consulting agreement via Emberstone LLC at $200K/month for 1 year plus special projects fee. No permanent CFO successor named in this filing.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

4 floor-breakers

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Revenue Growth
2.7
Low model confidence on this dimension (33%).

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Volume
0.0
Obv
1.0
Macd
3.1
Rsi
5.5
Ma Position
6.0
Volume distribution (falling OBV)Above 200-day MA

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.7
Growth Rank
1.3
Value Rank
6.7

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Gross Margin
0.0
Roa
1.1
Net Margin
2.0
Roe
2.6
Operating Margin
3.4
Current Ratio
5.0
Moat
5.0
Piotroski F
5.6
Fcf Quality
7.8
No competitive moat
GatesMomentum 3.1<4.5A.R:R -3.9=NEGATIVEEARNINGS PROXIMITY 8d<=14d (soft)Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
43 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $14.80Resistance $16.05

Price Targets

$14
$16
A.Upside+2.9%
A.R:R-3.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-23.6% upside)
! Quality below floor (3.6 < 4.0)
! Momentum score 3.1/10 — below 4.5 minimum

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-05-08 (8d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is HE stock a buy right now?

Sell if holding. Engine safety override at $15.29: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.4/10. Specifically: High short interest: 10%; Below-average business quality; Negative price momentum. Chart setup: RSI 43 mid-range, Bollinger mid-band. Prior stop was $14.36. Score 4.4/10, moderate confidence.

What is the HE stock price target?

Take-profit target: $15.73 (+2.9% upside). Prior stop was $14.36. Stop-loss: $14.36.

What are the risks of investing in HE?

Concentration risk — Geographic: Hawaii; Target reached (-23.6% upside); Quality below floor (3.6 < 4.0).

Is HE overvalued or undervalued?

Hawaiian Electric Industries, I trades at a P/E of 21.0 (forward 13.0). TrendMatrix value score: 6.1/10. Verdict: Sell.

What do analysts say about HE?

10 analysts cover HE with a consensus score of 1.9/5. Average price target: $14.

What does Hawaiian Electric Industries, I do?Hawaiian Electric Industries is an electric utility holding company whose subsidiaries provide essential electric...

Hawaiian Electric Industries is an electric utility holding company whose subsidiaries provide essential electric service to approximately 95% of Hawaii's population across five separate grids. Revenue comes from regulated electricity rates set by the Hawaii Public Utilities Commission. The company faces significant wildfire-related liabilities from the August 2023 Maui fires, with a $1.99B settlement obligation payable in installments.

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