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Hawaiian Electric Shareholders Approve Key Proposals at Meeting

Story Highlights
  • HEI’s shareholders elected board nominees and approved executive compensation.
  • HEI fixed Hawaiian Electric’s board size, elected directors, and ratified its accounting firm.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Hawaiian Electric ( (HE) ) has shared an update.

On May 12, 2025, Hawaiian Electric Industries, Inc. held its Annual Meeting of Shareholders where all nominees to the Board of Directors were elected without opposition. Shareholders approved executive compensation, amended articles to increase authorized shares, and ratified Deloitte & Touche, LLP as the independent accounting firm for 2025. Additionally, HEI, as the sole shareholder of Hawaiian Electric Company, fixed the number of directors at five, elected new directors, and ratified Deloitte & Touche, LLP as the accounting firm for Hawaiian Electric for 2025.

The most recent analyst rating on (HE) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Hawaiian Electric stock, see the HE Stock Forecast page.

Spark’s Take on HE Stock

According to Spark, TipRanks’ AI Analyst, HE is a Neutral.

Hawaiian Electric’s stock score reflects its financial struggles, with significant net losses and declining equity impacting its financial health. While the company has made progress in addressing legal challenges and improving liquidity, profitability remains a concern. Technical indicators show moderate stability, but valuation metrics are weak due to the absence of income and negative earnings.

To see Spark’s full report on HE stock, click here.

More about Hawaiian Electric

Hawaiian Electric Industries, Inc. (HEI) operates in the utilities industry, primarily providing electric utility services. The company focuses on delivering reliable electricity to customers in Hawaii and is a significant player in the region’s energy market.

Average Trading Volume: 2,449,318

Technical Sentiment Signal: Sell

Current Market Cap: $1.84B

See more insights into HE stock on TipRanks’ Stock Analysis page.

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