Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Heritage Financial Corp has a consensus price target of $28.8 based on the ratings of 5 analysts. The high is $32 issued by Piper Sandler on April 27, 2026. The low is $22 issued by Stephens & Co. on March 13, 2024. The 3 most-recent analyst ratings were released by Piper Sandler on April 27, 2026, April 2, 2026, and February 5, 2026, respectively. With an average price target of $33.67 between Piper Sandler, there's an implied 16.17% upside for Heritage Financial Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Heritage Financial (NASDAQ:HFWA) was reported by Piper Sandler on April 27, 2026. The analyst firm set a price target for $32.00 expecting HFWA to rise to within 12 months (a possible 10.42% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Heritage Financial (NASDAQ:HFWA) was provided by Piper Sandler, and Heritage Financial maintained their overweight rating.
There is no last upgrade for Heritage Financial
There is no last downgrade for Heritage Financial.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Heritage Financial, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Heritage Financial was filed on April 27, 2026 so you should expect the next rating to be made available sometime around April 27, 2027.
While ratings are subjective and will change, the latest Heritage Financial (HFWA) rating was a maintained with a price target of $34.00 to $32.00. The current price Heritage Financial (HFWA) is trading at is $28.98, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
Data & APIs: Benzinga APIs · Stock News API · Analyst Ratings API · Company Logo API
Market data provided by Benzinga APIs
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 04/27/2026 | Buy Now | 10.42% | Piper Sandler | $34 → $32 | Maintains | Overweight | Get Alert |
| 04/02/2026 | Buy Now | 17.32% | Piper Sandler | $35 → $34 | Maintains | Overweight | Get Alert |
| 02/05/2026 | Buy Now | 20.77% | Piper Sandler | $33 → $35 | Maintains | Overweight | Get Alert |
| 01/26/2026 | Buy Now | 3.52% | Stephens & Co. | $28 → $30 | Maintains | Equal-Weight | Get Alert |
| 01/23/2026 | Buy Now | 10.42% | DA Davidson | $29 → $32 | Maintains | Buy | Get Alert |
| 09/29/2025 | Buy Now | 0.07% | DA Davidson | $28 → $29 | Maintains | Buy | Get Alert |
| 09/29/2025 | Buy Now | -3.38% | Keefe, Bruyette & Woods | $26 → $28 | Maintains | Market Perform | Get Alert |
| 09/26/2025 | Buy Now | -3.38% | DA Davidson | $28 → $28 | Maintains | Buy | Get Alert |
| 04/28/2025 | Buy Now | 6.97% | Piper Sandler | $34 → $31 | Maintains | Overweight | Get Alert |
| 04/28/2025 | Buy Now | -10.28% | Keefe, Bruyette & Woods | $27 → $26 | Maintains | Market Perform | Get Alert |
| 10/29/2024 | Buy Now | -10.28% | Stephens & Co. | $24 → $26 | Maintains | Equal-Weight | Get Alert |
| 10/28/2024 | Buy Now | -3.38% | Piper Sandler | $27 → $28 | Maintains | Overweight | Get Alert |
| 07/29/2024 | Buy Now | -10.28% | Piper Sandler | $23 → $26 | Maintains | Overweight | Get Alert |
| 07/26/2024 | Buy Now | -20.63% | Keefe, Bruyette & Woods | $20 → $23 | Maintains | Market Perform | Get Alert |
| 06/26/2024 | Buy Now | -30.99% | Keefe, Bruyette & Woods | $20 → $20 | Maintains | Market Perform | Get Alert |
| 03/13/2024 | Buy Now | -24.09% | Stephens & Co. | $22 → $22 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 01/26/2024 | Buy Now | -20.63% | DA Davidson | $24 → $23 | Maintains | Buy | Get Alert |
| 01/26/2024 | Buy Now | -24.09% | Keefe, Bruyette & Woods | $23 → $22 | Maintains | Market Perform | Get Alert |
| 07/28/2023 | Buy Now | -30.99% | Stephens & Co. | $19 → $20 | Maintains | Equal-Weight | Get Alert |