Hess stock price forecast adjustments in July 2024 account for recent crude rally sparked by OPEC+ production cuts. Valuation models price shares at 13x forward EPS, higher than recent sector averages. Hess Corporation (HES) : Free Stock Analysis Report This configuration is slightly more bullish than two months ago, with five “Strong Buy” ratings on the stock. The Hess stock price forecast for Q3 2024 trends bullish, with market sentiment driven by high refining margins and robust offshore production. Traders note RSI nearing overbought territory, suggesting possible pullbacks before retesting highs.