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HRZN Stock Chart & Stats
$4.77
-$0.10(-2.27%)
At close: 4:00 PM EDT
$4.77
-$0.10(-2.27%)
Day’s Range― - ―
52-Week Range$3.80 - $6.98
Previous CloseN/A
Volume392.51K
Average Volume (3M)725.93K
Market Cap
$324.44M
Enterprise Value$574.76
Total Cash (Recent Filing)$135.01M
Total Debt (Recent Filing)$402.44M
Price to Earnings (P/E)12.1
Beta0.52
Next Earnings
Nov 03, 2026EPS Estimate
0.18Next Dividend Ex-DateN/A
Dividend Yield22.81%
Share Statistics
EPS (TTM)0.40
Shares Outstanding67,033,910
10 Day Avg. Volume770,147
30 Day Avg. Volume725,926
Financial Highlights & Ratios
PEG Ratio1.69
Price to Book (P/B)0.86
Price to Sales (P/S)6.82
P/FCF Ratio4.82
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$4.96Price Target Upside3.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.68
Revenue Forecast (FY)$98.68M
Bulls Say, Bears Say
Bulls Say
Expanded Capital And Origination CapacityThe completed Monroe Capital merger strengthens HRZN’s ability to fund larger transactions and accelerate originations. Greater capital and co-investment capacity can broaden its addressable borrower base, support portfolio growth, and improve operating scale over the next several quarters.
Growing Loan Portfolio And BacklogConsecutive portfolio growth and a substantial committed backlog provide visible support for future deployment and interest income. The pipeline indicates continued demand for HRZN’s venture lending products, helping sustain asset growth if commitments convert into funded loans.
Strong Venture-loan EconomicsHigh portfolio and onboarding yields support HRZN’s core spread-based business model by generating attractive interest income from secured venture loans. If underwriting remains disciplined, these yields can support recurring net investment income as the expanded portfolio is deployed.
Bears Say
Elevated Leverage Reduces FlexibilityPersistently high debt relative to equity limits financial flexibility and increases sensitivity to credit losses, funding costs, and portfolio volatility. Leverage can amplify returns in strong periods, but it also makes capital preservation and stable distributions more challenging during weaker performance.
Portfolio Credit And Concentration RiskThe Soli write-down demonstrates that losses from a single borrower can materially affect asset values and shareholder NAV. The portion of the portfolio assigned lower internal ratings further indicates credit-quality exposure that could require additional provisions or write-downs.
Volatile Earnings And Cash GenerationAlthough the latest period shows positive and growing cash flow, the multi-year record is uneven, with prior losses and large cash-flow swings. This volatility reduces confidence that current profitability and distribution capacity will persist consistently across changing portfolio and financing conditions.
Horizon Technology News
HRZN FAQ
What was Horizon Technology’s price range in the past 12 months?
Horizon Technology lowest stock price was $3.80 and its highest was $6.98 in the past 12 months.
What is Horizon Technology’s market cap?
Horizon Technology’s market cap is $324.44M.
When is Horizon Technology’s upcoming earnings report date?
Horizon Technology’s upcoming earnings report date is Nov 03, 2026 which is in 57 days.
How were Horizon Technology’s earnings last quarter?
Horizon Technology released its earnings results on Aug 04, 2026. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.126 by -$0.016.
Is Horizon Technology overvalued?
According to Wall Street analysts Horizon Technology’s price is currently Undervalued.
Does Horizon Technology pay dividends?
Horizon Technology pays a Monthly dividend of $0.09 which represents an annual dividend yield of 22.81%. See more information on Horizon Technology dividends here
What is Horizon Technology’s EPS estimate?
Horizon Technology’s EPS estimate is 0.18.
How many shares outstanding does Horizon Technology have?
Horizon Technology has 67,033,910 shares outstanding.
What happened to Horizon Technology’s price movement after its last earnings report?
Horizon Technology reported an EPS of $0.11 in its last earnings report, missing expectations of $0.126. Following the earnings report the stock price went down -3.738%.
Which hedge fund is a major shareholder of Horizon Technology?
Currently, no hedge funds are holding shares in HRZN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Horizon Technology Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$4.96 (3.95% Upside)
$4.96 (3.95% Upside)
Blogger Sentiment
Bearish
HRZN Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $629.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-14.92%
12-Months-Change
Fundamentals
Return on Equity
22.81%
Trailing 12-Months
Asset Growth
14.48%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Horizon Technology
Horizon Technology Finance Corporation operates as a business development company (BDC) with a core focus on providing financing and making equity investments in businesses in their early growth phases. The firm primarily offers secured debt and venture loans to companies that have already secured funding from venture capital firms. Its investment interests span various industries, including technology, life sciences, healthcare information and services, and clean technology. Geographically, Horizon Technology Finance Corporation directs its investments towards companies situated within the United States.
HRZN Company Deck
HRZN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call balanced significant positive developments — completion of the Monroe Capital merger, increased liquidity and investment capacity, consecutive quarterly portfolio growth, strong debt yields (~14.9%) and a growing backlog — against notable challenges including a material company-specific write-down (~$39 million total), a $0.75 quarterly NAV decline, higher one-time merger expenses that compressed reported NII to $0.11 per share, and meaningful prepayments that moderated portfolio growth. Management emphasized strategic investments in underwriting and originations, confidence in the pipeline, and steps to prudently deploy capital, but losses tied to a single portfolio company and transient expense headwinds produced a mixed near-term financial picture.View all HRZN earnings summariesHRZN Stock 12 Month Forecast
Average Price Target
$4.96
▲(3.95% Upside)
Technical Analysis
Hercules Capital, Inc.
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Pennantpark Investment
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Stellus Capital
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BlackRock TCP Capital
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TriplePoint Venture Growth
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Ownership Overview
0.51% Insiders
-0.04% Mutual Funds
4.71% Other Institutional Investors
93.76% Public Companies and
Individual Investors