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HRZN

Horizon Technology Finance Corporation

HRZN

NASDAQ·Financial Services·Asset Management·Mkt cap $240.4M

$4.80

+6.43%

P/E

4.96

Mkt Cap

$240.4M

52-Wk Range

$3.80–$7.07

52-Week Range

$3.80 - $7.07

P/E

4.96

Fwd P/E

7.11

Beta

0.96

Div Yield

23.13%

Avg Vol

791.0K

Shares Out

47.8M

Mkt Cap

$240.4M

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

  • Specialized venture lending expertise and deal origination capabilities
  • Strong relationships with venture capital firms and institutional investors
  • Flexible, customized financing solutions for development-stage companies
  • Experienced management team with deep sector knowledge in technology and life sciences

Bear Case

1 risk

  • Average volatility.

Growth

Moderate growth ahead

Increased venture capital activity and rising demand for alternative financing solutions

Value

Undervalued - trading well below Asset Management peers

Momentum

Strong

+8.3% over 3m

Quality

Excellent

Strong fundamentals

Dividend

High yield

23.13% yield

Earnings track record

Recent earnings results

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

Next: Oct 27, 2026

Q3 26 RECAP

AUG 4, 2026

Reported EPS of $0.11 vs $0.13 consensus (-12.8% surprise). Revenue of $25.0M vs $25.2M expected (-0.7%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-12.8%

Revenue trend · last 8Q

-202%

+271%

-10%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$9.1M

-$2.4M

-$10.8M

-$9.9M

$33.7M

-$2.6M

$23.9M

$25.0M

Margins · last 8Q

Gross

0.0%

Operating

0.0%

Profit

30.6%

Wall Street consensus

3 analysts · 33% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

33%

Hold

2

67%

Sell

0%

Median Price Target

Latest: UBS · Sep 1, 2026

vs Industry

How HRZN stacks vs Asset Management

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

Industry comparison data unavailable for this stock.