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HLI

Houlihan Lokey, Inc.

HLI

NYSE·Financial Services·Financial - Capital Markets·Mkt cap $9.5B

$139.37

▲ +1.02%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$131.31 - $211.78

P/E

20.71

Fwd P/E

17.13

Beta

0.95

Div Yield

1.81%

Avg Vol

677.2K

Shares Out

69.8M

Mkt Cap

$9.5B

Price action

Price chart

Down 24.8% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

4 reasons

  • Global network of experienced professionals across multiple continents
  • Established 50+ year track record and brand reputation in investment banking
  • Diversified service portfolio reducing dependence on any single revenue stream
  • Deep expertise in complex transactions and distressed situations
▼

Bear Case

1 risk

  • Average volatility.

Growth

Moderate growth ahead

Rising M&A activity driven by corporate consolidation and strategic acquisitions

Value

Fairly valued vs Investment Banking & Capital Markets peers

Momentum

Stable

-2.4% over 3m

Quality

Strong

Excellent business quality

Dividend

Modest

1.81% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Aug 4, 2026

“
Q2 26 RECAP

MAY 6, 2026

Reported EPS of $1.63 vs $1.79 consensus (-8.9% surprise). Revenue of $635.6M vs $679.2M expected (-6.4%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-8.9%

Next: Aug 4, 2026

Revenue trend · last 8Q

—

—

—

—

+28%

+18%

+15%

+13%

Q4 24

Q1 24

Q2 24

Q3 24

Q4 25

Q1 25

Q2 25

Q3 25

$520.5M

$513.6M

$575.0M

$634.4M

$666.4M

$605.3M

$659.5M

$717.1M

Margins · last 8Q

Gross

100.0%

Operating

22.4%

Profit

16.3%

View full earnings history →

Wall Street consensus

4 analysts · 75% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

75%

Hold

1

25%

Sell

0%

Median Price Target

$176.50

▲ +26.6% vs $139.37

Low $160.00
Median $176.50
High $193.00

Latest: UBS · $160.00 · May 7, 2026

2 analysts covering

View full analyst page →

vs Industry

How HLI stacks vs Financial - Capital Markets

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.