HY trades 58.4% below Wall Street's consensus target of $45.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes HY achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 7 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 8, 2026, Hyster-Yale Materials Handling, Inc. (HY) has a Wall Street consensus price target of $45.00, based on estimates from 7 covering analysts. With the stock currently trading at $28.41, this represents a potential upside of +58.4%. The company has a market capitalization of $505M.
Analyst price targets range from a low of $45.00 to a high of $45.00, representing a 0% spread in expectations. The median target of $45.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 3 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 1 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, HY trades at a trailing P/E of -3.9x. Analysts expect EPS to grow +41.3% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MCRIMonarch Casino & Resort, Inc. | $1.9B | $108.75 | $120.33 | +10.6% | Hold | 16.1x | 9 |
 TITNTitan Machinery Inc. | $516M | $22.14 | $29.00 | +31.0% | Hold | — | 17 |
 AGCOAGCO Corporation | $8.0B | $110.44 | $125.13 | +13.3% | Buy | 20.0x | 30 |
 TEXTerex Corporation | $4.0B | $54.96 | $78.29 | +42.4% | Buy | 11.1x | 31 |
 MTWThe Manitowoc Company, Inc. | $805M | $22.41 | $16.00 | -28.6% | Hold | 24.4x | 23 |
 CATCaterpillar Inc. | $257.3B | $558.63 | $935.36 | +67.4% | Buy | 20.4x | 57 |
 DEDeere & Company | $181.3B | $671.65 | $731.20 | +8.9% | Buy | 37.2x | 46 |
 OSKOshkosh Corp | $8.4B | $134.36 | $171.83 | +27.9% | Buy | 14.3x | 38 |
 HLIOHelios Technologies, Inc. | $1.6B | $47.44 | $72.75 | +53.4% | Hold | 14.9x | 13 |
 PLUGPlug Power Inc. | $2.0B | $1.45 | $2.65 | +82.8% | Buy | — | 38 |
Quick answers to the most common questions about buying HY stock.
The consensus Wall Street price target for HY is $45, representing 58.4% upside from the current price of $28.41. With 7 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
HY has a consensus rating of "Buy" based on 7 Wall Street analysts. The rating breakdown is mixed, with 3 Hold ratings making up the largest segment. The consensus 12-month price target of $45 implies 58.4% upside from current levels.
HY's current price is $28.41 with a consensus target of $45 (58.4% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $45 for HY, while the most conservative target is $45. The consensus of $45 represents the median expectation. These targets typically reflect 12-month expectations.
HY is moderately covered, with 7 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 3 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month HY stock forecast based on 7 Wall Street analysts shows a consensus price target of $45, with estimates ranging from $45 (bear case) to $45 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on HY, with a "Buy" consensus rating and $45 price target (58.4% upside). 3 of 7 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.
HY analyst price targets range from $45 to $45, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $45 consensus represents the middle ground.
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