Why Hess Midstream LP (HESM) stock moved
Hess Midstream LP (HESM) shares rose 2.6% to $40.08 as of August 27, 2026, a moderate gain from the prior close of $39.08. BestStocks flagged the session as a major change for HESM. The move is tied to price move up. Below, we break down what changed for HESM, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
HESM climbed 2.6% to $40.08
HESM rose 2.6% in its latest session, moving from $39.08 to $40.08.
What it means for Hess Midstream LP investors
For Hess Midstream LP investors, the balance of recent signals points to a bullish shift. On the constructive side: Material positive event; Positive 2.6% session move. Weighing against that: New SEC filing — review for material disclosures; New SEC filing — review for material disclosures. Wall Street's consensus price target sits at $35.50, implying -11.4% downside from $40.08. Over the past 90 days analysts logged 0 upgrades and 1 downgrade. BestStocks rates the overall signal quality low (47/100). With earnings roughly 67 days out, the next report is the most likely near-term test of the move.
HESM price reaction
HESM last traded at $40.08, up $1.00 (+2.56%) from the previous close of $39.08. The session traded on 1.1× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $39.02 and $40.83, and it currently sits about 59% of the way up that band.
Bullish and bearish analyst opinions on Hess Midstream LP (HESM)
The consensus analyst price target on Hess Midstream LP (HESM) is $35.50, 11.4% below the recent $40.08. Over the past 90 days analysts logged 0 upgrades, 0 maintains, and 1 downgrade. Here is how the bullish and bearish cases on HESM line up.
The bullish case
- Material positive event.
- Positive 2.6% session move.
- Hess Midstream LP (HESM) moved +2.00% from $39.97 to $40.77 on 2026-07-22, reaching a new 30-day high.
The bearish case
- The consensus analyst price target of $35.50 sits 11.4% below the recent $40.08, so the average target sees limited room to run.
- The most bearish analyst target is $32.00 (-20.2%).
- 1 analyst downgrade in the past 90 days, most recently Morgan Stanley to Underweight (2026-06-10).
Weighing both sides, BestStocks' composite read of recent signals is bullish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Aug 27, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Previous notable changes for HESM
Frequently asked questions about HESM
Why did Hess Midstream LP (HESM) stock move?
HESM rose 2.6% to $40.08. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did HESM stock rise?
HESM gained 2.56% ($1.00) versus the prior close of $39.08, last trading at $40.08 on 1.1× average volume.
When is Hess Midstream LP's next earnings date?
HESM's next earnings report is estimated for 2026-11-02 — about 67 days away.
What is the analyst price target for HESM?
The consensus analyst price target for HESM is $35.50, about 11.4% below the current $40.08. Over the past 90 days, analysts recorded 0 upgrades, 0 maintains, and 1 downgrade.
How BestStocks tracks HESM
This page is generated automatically by BestStocks' change-detection system after price move up was detected and verified against independent data sources. It draws on 13 tracked change events for HESM, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 27, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.