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HLI

Houlihan Lokey, Inc.

HLI

NYSE·Financial Services·Investment - Banking & Investment Services·Mkt cap $9.6B

$137.11

+0.18%

P/E

22.51

Mkt Cap

$9.6B

52-Wk Range

$112.83–$211.78

52-Week Range

$112.83 - $211.78

P/E

22.51

Fwd P/E

19.77

Beta

0.97

Div Yield

1.90%

Avg Vol

831.6K

Shares Out

69.8M

Mkt Cap

$9.6B

Price action

Price chart

Down 30.9% over the trailing year

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

2 risks

  • Average volatility.
  • Premium valuation to Investment Banking & Capital Markets peers

Growth

Stable outlook

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

Value

Premium valuation to Investment Banking & Capital Markets peers

Momentum

Stable

+0.0% over 3m

Quality

Strong

Solid business

Dividend

Modest

1.90% yield

Earnings track record

Recent earnings results

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

Next: Oct 29, 2026

Q3 26 RECAP

JUL 29, 2026

Reported EPS of $1.35 vs $1.64 consensus (-17.7% surprise). Revenue of $511.0M vs $602.4M expected (-15.2%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-17.7%

Revenue trend · last 8Q

+28%

+18%

+15%

+13%

-5%

-16%

Q2 24

Q3 24

Q4 25

Q1 25

Q2 25

Q3 25

Q4 26

Q1 27

$575.0M

$634.4M

$666.4M

$605.3M

$659.5M

$717.1M

$635.6M

$511.0M

Margins · last 8Q

Gross

30.7%

Operating

15.3%

Profit

15.3%

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

Latest: UBS · Jul 8, 2026

vs Industry

How HLI stacks vs Investment - Banking & Investment Services

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

Industry comparison data unavailable for this stock.