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HQY
Volume: 1.08M

HealthEquity (HQY) Stock Forecast & Price Target

HealthEquity (HQY) Analyst Ratings

Based on 15 analyst ratings
Buy
Strong Buy 33%
Buy 53%
Hold 7%
Sell 0%
Strong Sell 7%

Bulls say

HealthEquity Inc. demonstrated strong financial performance with a 13% year-over-year increase in custodial revenue, contributing to an impressive adjusted EBITDA margin of 44.0%, reflecting a 466 basis point improvement compared to the previous year. In the most recent quarterly report, total revenue rose 7.2% year-over-year to $322.2 million, surpassing both estimates and consensus expectations, driven largely by custodial revenue growth. The company's total accounts also increased by 5.0% year-over-year to 17.280 million, highlighting the expansion in its consumer-directed benefit accounts and underscoring the positive momentum in customer engagement and revenue generation.

Bears say

HealthEquity's stock outlook remains negative due to its shares trading at 6.4x FY/26 revenue estimates and 15.1x adjusted EBITDA estimates, which are significantly lower than its high-growth SaaS peer group averages of 7.6x and 29.7x, respectively. Additionally, the company's financial performance has been impacted by a one-time legal settlement costing $30 million, indicating potential vulnerabilities in operational stability. Despite slight upward revisions in revenue and adjusted EBITDA estimates, the overall growth projections and current valuation metrics suggest a lack of competitive positioning relative to its peers, raising concerns for future performance.

HealthEquity (HQY) has been analyzed by 15 analysts, with a consensus rating of Buy. 33% of analysts recommend a Strong Buy, 53% 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 15 analysts, HealthEquity (HQY) has a Buy consensus rating as of Feb 4, 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 $118.93, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $118.93, 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)

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