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HQY
Volume: 1.31M

HealthEquity (HQY) Stock Forecast & Price Target

HealthEquity (HQY) Analyst Ratings

Based on 14 analyst ratings
Buy
Strong Buy 36%
Buy 50%
Hold 7%
Sell 0%
Strong Sell 7%

Bulls say

HealthEquity reported a 13% year-over-year increase in custodial revenue, contributing to an adjusted EBITDA margin of 44.0%, which improved by 466 basis points compared to the previous year. The company experienced a significant increase in cash flow from operations, rising 28.4% to $339.2 million for the fiscal year 2026, showcasing strong operational efficiency. Additionally, total revenue for Q3 2026 rose 7.2% to $322.2 million, bolstered by an increase in total HSA assets, which reached $36.5 billion, reflecting a 13.6% year-over-year growth and enhanced member engagement.

Bears say

HealthEquity's projected FY/27 revenue and adjusted EBITDA estimates have been slightly downgraded, indicating potential challenges in maintaining growth momentum, with expected revenue now at $1.410 billion and adjusted EBITDA at $623.3 million. The stock is currently trading at multiples that suggest overvaluation compared to its high-growth SaaS peers, presenting a concerning discrepancy as its shares have declined 13% year-to-date. The company faces a multitude of risks, including intense competition, evolving regulations in the healthcare sector, reliance on third-party suppliers, and potential operational challenges, which contribute to a negative outlook on its stock.

HealthEquity (HQY) has been analyzed by 14 analysts, with a consensus rating of Buy. 36% of analysts recommend a Strong Buy, 50% recommend Buy, 7% suggest Holding, 0% advise Selling, and 7% predict a Strong Sell.

This aggregate rating is based on analysts' research of HealthEquity and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About HealthEquity (HQY) Forecast

Analysts have given HealthEquity (HQY) a Buy based on their latest research and market trends.

According to 14 analysts, HealthEquity (HQY) has a Buy consensus rating as of Mar 21, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $115.21, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $115.21, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

HealthEquity (HQY)

Volume: 1.31M

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