Hawaiian Electric Industries trades with an unfavorable 0.41-to-1 reward-to-risk and below-minimum quality metrics, compounded by meaningful geographic and regulatory concentration in a single island state and a recent significant earnings miss — the combination of these factors points to a setup that warrants caution.
Thesis pillars
- Quality Below Minimum Floor→Stable
- Unfavorable Price Risk Reward→Stable
- Geographic Regulatory Concentration→Stable
- +1 more pillar — see the Why tab for full reasoning
Hawaiian Electric Industries, I (HE) Stock Analysis
Range Bound setup
Utilities · Utilities - Regulated Electric
Sell if holding. Engine safety override at $13.39: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 12%; Below-average business quality; Negative price momentum.
Hawaiian Electric Industries is a holding company whose regulated utility subsidiaries — Hawaiian Electric, Hawaii Electric Light, and Maui Electric — serve approximately 95% of Hawaii's population across five island grids. Utility electric sales revenues totaled $3.02 billion... Read more
Sell if holding. Engine safety override at $13.39: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 12%; Below-average business quality; Negative price momentum. Chart setup: RSI 51 mid-range, Bollinger mid-band. Score 4.5/10, moderate confidence.
Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity 38d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-07-06Recent Developments — Hawaiian Electric Industries, I
Latest news
- NEWS Jefferies Maintains Underperform on Hawaiian Electric Indus, Lowers Price Target to $11.75 — benzinga Jul 6, 2026 negative
- NEWS Barclays Maintains Equal-Weight on Hawaiian Electric Indus, Lowers Price Target to $13 — benzinga Jun 25, 2026 negative
- NEWS Top 3 Utilities Stocks That May Rocket Higher in May — benzinga May 13, 2026 positive
- NEWS Hawaiian Electric Indus Q1 Adj. EPS $0.18 Misses $0.28 Estimate, Sales $746.447M Up From $744.070M YoY — benzinga May 8, 2026 negative
- NEWS Hawaiian Electric Industries' Scott T. Deghetto's Term As CFO Ended On April 1, 2026 — benzinga Apr 10, 2026 negative
Generated 2026-07-06T18:32:06Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicHawaii10-K Item 1A: 'The business of the Utilities is concentrated on the individual islands they serve in the State of Hawaii.'
- HIGHregulatoryPUC10-K Item 1: 'HEI is subject to an agreement entered into with the PUC (the PUC Agreement) which, among other things, requires PUC approval of any change in control of HEI.'
Material Events(8-K, last 90d)
- 2026-04-10Item 5.02HIGHEVP & CFO Scott T. DeGhetto's term as principal financial officer ended April 1, 2026. No successor named. Entered 1-year consulting agreement via Emberstone, LLC at $200,000/month plus $1,350,000 special projects fee.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
3 floor-breakers
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $13.39: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 12%; Below-average business quality; Negative price momentum. Chart setup: RSI 51 mid-range, Bollinger mid-band. Prior stop was $12.76. Score 4.5/10, moderate confidence.
Take-profit target: $13.45 (+0.2% upside). Prior stop was $12.76. Stop-loss: $12.76.
Concentration risk — Geographic: Hawaii; Concentration risk — Regulatory: PUC; Target reached (-15.0% upside).
Hawaiian Electric Industries, I trades at a P/E of 18.4 (forward 12.1). TrendMatrix value score: 6.3/10. Verdict: Sell.
10 analysts cover HE with a consensus score of 1.9/5. Average price target: $13.
What does Hawaiian Electric Industries, I do?Hawaiian Electric Industries is a holding company whose regulated utility subsidiaries — Hawaiian Electric, Hawaii...
Hawaiian Electric Industries is a holding company whose regulated utility subsidiaries — Hawaiian Electric, Hawaii Electric Light, and Maui Electric — serve approximately 95% of Hawaii's population across five island grids. Utility electric sales revenues totaled $3.02 billion in 2025, earned through PUC-authorized mechanisms including sales decoupling and annual revenue adjustments.