Hallador Energy Company (HNRG) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 6 analysts59.8% Below Target
HNRG trades 59.8% below Wall Street's consensus target of $28.25.
Current Price$17.68
Average Target$28.25
Target
Current
Low$22.50
Median$28.25
High$34.00
Analyst Target Range
Forward P/E97.8x
(High Premium)
PEG Ratio—
Implied Growth-62.8%
(Declining)
Analyst Spread40.7%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes HNRG achieves its forward estimates and maintains a stable P/E multiple of 97.8x. This scenario reflects the blended consensus of 6 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
HNRG Price Target Analysis
Updated June 25, 2026As of June 25, 2026, Hallador Energy Company (HNRG) has a Wall Street consensus price target of $28.25, based on estimates from 6 covering analysts. With the stock currently trading at $17.68, this represents a potential upside of +59.8%. The company has a market capitalization of $833M.
Analyst price targets range from a low of $22.50 to a high of $34.00, representing a 41% spread in expectations. The median target of $28.25 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 5 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, HNRG trades at a trailing P/E of 18.4x and forward P/E of 97.8x. Analysts expect EPS to grow -62.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $7.87, with bear and bull scenarios of $4.96 and $10.36 respectively. Model confidence stands at 40/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+23.1%
Industry Consensus
Avg Forward P/E
23.9x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 HCCWarrior Met Coal, Inc. | $4.4B | $84.15 | $112.50 | +33.7% | Hold | 13.0x | 24 |
 ARLPAlliance Resource Partners, L.P. | $3.1B | $24.24 | $30.00 | +23.8% | Hold | 10.4x | 18 |
 BTUPeabody Energy Corporation | $2.8B | $23.29 | $36.50 | +56.7% | Hold | 30.8x | 33 |
 SXCSunCoke Energy, Inc. | $691M | $8.15 | $9.00 | +10.4% | Buy | 37.9x | 17 |
 METCRamaco Resources, Inc. | $684M | $12.59 | $23.33 | +85.3% | Buy | — | 9 |
 NEENextEra Energy, Inc. | $182.7B | $87.61 | $100.20 | +14.4% | Buy | 21.6x | 36 |
 AEPAmerican Electric Power Company, Inc. | $73.4B | $134.95 | $139.60 | +3.4% | Buy | 21.2x | 36 |
 SOThe Southern Company | $108.0B | $95.77 | $102.09 | +6.6% | Hold | 20.9x | 34 |
 DUKDuke Energy Corporation | $98.6B | $126.53 | $136.56 | +7.9% | Hold | 18.9x | 32 |
 CATCaterpillar Inc. | $462.8B | $994.57 | $882.20 | -11.3% | Buy | 40.3x | 53 |
HNRG — Frequently Asked Questions
Quick answers to the most common questions about buying HNRG stock.
What is the HNRG stock price target for 2026?
The consensus Wall Street price target for HNRG is $28.25, representing 59.8% upside from the current price of $17.675. With 6 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is HNRG a buy, sell, or hold?
HNRG has a consensus rating of "Buy" based on 6 Wall Street analysts. The rating breakdown is predominantly bullish, with 5 Buy/Strong Buy ratings. The consensus 12-month price target of $28.25 implies 59.8% upside from current levels.
Is HNRG stock overvalued or undervalued?
At a forward P/E of 97.8141x, HNRG trades at a premium valuation. The consensus price target of $28.25 (59.8% upside) suggests analysts still see growth justifying the multiple.
How high can HNRG stock go?
The most bullish Wall Street analyst has a price target of $34 for HNRG, while the most conservative target is $22.5. The consensus of $28.25 represents the median expectation. Our quantitative valuation model projects a bull case target of $10 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover HNRG stock?
HNRG is moderately covered, with 6 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 1 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the HNRG stock forecast?
The 12-month HNRG stock forecast based on 6 Wall Street analysts shows a consensus price target of $28.25, with estimates ranging from $22.5 (bear case) to $34 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $8, with bear/bull scenarios of $5/$10.
What is HNRG's fair value based on fundamentals?
Our quantitative valuation model calculates HNRG's fair value at $8 (base case), with a bear case of $5 and bull case of $10. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 40/100.
What is HNRG's forward P/E ratio?
HNRG trades at a forward P/E ratio of 97.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 18.4x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy HNRG stock?
Wall Street analysts are very optimistic on HNRG, with a "Buy" consensus rating and $28.25 price target (59.8% upside). 5 of 6 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do HNRG price targets vary so much?
HNRG analyst price targets range from $22.5 to $34, a 41% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $28.25 consensus represents the middle ground. Our model's $5-$10 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare