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HCXY Overview

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Intellectia

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High
25.350
Open
25.300
VWAP
25.33
Vol
1.87K
Mkt Cap
--
Low
25.350
Amount
47.29K
EV/EBITDA(TTM)
13.81
Total Shares
--
EV
4.71B
EV/OCF(TTM)
--
P/S(TTM)
6.61
Hercules Capital, Inc. is a specialty finance company. The Company is focused on providing financing solutions to venture capital-backed and institutional-backed companies in a variety of technology, life sciences and sustainable and renewable technology industries. It is structured as an internally managed, non-diversified, closed-end investment company. Its business objectives are to increase its net income, net investment income, and net asset value (NAV) through its investments in primarily Structured Debt or senior secured debt instruments of venture capital-backed and institutional-backed companies across a variety of technology related industries at attractive yields. It invests in a range of companies active in the technology industry sub-sectors characterized by products or services that require advanced technologies, including, computer software and hardware, networking systems, semiconductors, semiconductor capital equipment, information technology infrastructure and others.
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Events Timeline

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News

Newsfilter
6.0
03-04Newsfilter
Hercules Capital Affirms BBB High Rating by DBRS
  • Credit Rating Affirmation: Hercules Capital has received a BBB (high) investment-grade credit rating from DBRS, reflecting the company's robust performance in the VC lending ecosystem, which positions it well to withstand volatility despite moderating economic growth.
  • Strong Profitability: DBRS highlights Hercules' strong earnings generation and asset-level credit performance over the past year, with diversified funding sources and disciplined leverage management placing it at the top of its peer group.
  • AI Integration Potential: While Hercules has not invested in pure-play AI companies, its portfolio companies are actively integrating AI into their products, demonstrating adaptability and foresight in the technology and life sciences sectors.
  • Established Financing History: Since its inception in 2003, Hercules Capital has committed over $25 billion to more than 700 companies, solidifying its position as the lender of choice for high-growth enterprises in the venture capital space.
Newsfilter
8.5
03-02Newsfilter
Hercules Capital Named 2025 BDC Manager of the Year - Americas
  • Industry Recognition: Hercules Capital has been named the 2025 BDC Manager of the Year - Americas by Private Debt Investor magazine, highlighting its exceptional performance amid political uncertainty and tight capital markets, thereby reinforcing its leadership in innovative financing.
  • Impressive Performance: Over the past year, Hercules achieved all-time highs in new debt and equity commitments, gross fundings, net debt portfolio growth, and investment income, demonstrating its ability to maintain strong growth despite a slowdown in venture capital fundraising.
  • Team Contribution: CEO Scott Bluestein noted that this award reflects the relentless execution of the team and the success of its portfolio companies, emphasizing the dedication of employees and the trust placed in them by venture capital and private equity partners.
  • Financing Commitment: Since its inception in 2003, Hercules has committed over $25 billion to more than 700 companies, continuing to provide high-quality financing services to high-growth, innovative firms, solidifying its position as the capital provider of choice.
seekingalpha
9.5
02-13seekingalpha
Hercules Capital Reports Record Q4 2025 Earnings Performance
  • Record Performance: Hercules Capital achieved total investment income of $137.4 million and net investment income of $87 million in Q4 2025, reflecting strong profitability amidst market volatility and a solid operational foundation.
  • Portfolio Expansion: The company set a new record with nearly $4 billion in originations for 2025, while assets under management surpassed $5.7 billion, marking over a 20% year-over-year increase, indicating enhanced competitiveness in the capital markets.
  • Stable Dividend Policy: Despite market fluctuations, Hercules Capital maintained a quarterly base distribution of $0.40 per share with a 120% coverage ratio, demonstrating a commitment to shareholder returns and financial stability.
  • Optimistic Future Outlook: Management anticipates a robust new business environment in 2026, particularly in strategic M&A and capital markets activities, reflecting ongoing confidence and investment in supporting the innovation economy.
Newsfilter
8.5
02-10Newsfilter
Hercules Capital Closes $300 Million Note Offering
  • Bond Offering Size: Hercules Capital successfully closed a $300 million offering of 5.350% unsecured notes due February 10, 2029, with an annual interest rate of 5.350% payable semiannually, demonstrating the company's robust financing capabilities in the capital markets.
  • Clear Use of Proceeds: The net proceeds from this offering are earmarked for funding investments in line with its investment objectives, repaying outstanding secured indebtedness, and other general corporate purposes, indicating a strategic clarity in capital allocation.
  • Strong Underwriter Lineup: Goldman Sachs, SMBC Nikko Securities, and MUFG Securities acted as joint book-running managers for this offering, reflecting market confidence and support for Hercules Capital, thereby enhancing its credibility among investors.
  • Company Background: Since its inception in 2003, Hercules Capital has committed over $25 billion to more than 700 companies, establishing itself as the lender of choice for high-growth, innovative venture capital-backed firms, further solidifying its leadership position in the financial services industry.
Newsfilter
8.0
02-10Newsfilter
Hercules Capital Announces New Cash Distribution
  • New Cash Distribution Plan: Hercules Capital has announced a new supplemental cash distribution of $0.07 per share starting in Q4 2025, to be paid equally over four quarters, demonstrating the company's ongoing commitment to shareholder returns.
  • Regular Distribution Increase: This supplemental distribution will be issued alongside the regular quarterly cash distribution of $0.40 per share, indicating the company's efforts to enhance shareholder value while maintaining stable earnings.
  • Tax Attribute Transparency: Of the distributions declared as of December 31, 2025, 100% were derived from the company's current and accumulated earnings, ensuring shareholders have a clear understanding of the tax attributes of their distributions, which bolsters investor confidence.
  • Compliance and Qualified Interest Income: Under Internal Revenue Code Section 871(k), 78.54% of Hercules' distributions are designated as Qualified Interest Income, potentially exempt from U.S. withholding tax for foreign accounts, further attracting international investors.
SeekingAlpha
7.0
2025-10-31SeekingAlpha
Hercules Capital announces unprecedented $2.87B in originations for 2025, ensuring robust dividend support.
  • Management Performance: Hercules Capital reported record fundings of $2.87 billion for the first three quarters of 2025, with a total investment income of $138.1 million and net investment income of $88.6 million in Q3, reflecting strong demand and operational performance.

  • Outlook and Guidance: Management anticipates continued strong origination activity through year-end, with expectations for lower prepayments in Q4 and a core yield range of 12% to 12.5%, while maintaining robust liquidity and disciplined underwriting.

  • Credit Quality and Risks: The company remains confident in its credit portfolio, noting no significant deterioration despite market volatility and a government shutdown, although caution was expressed regarding certain segments of the lending market.

  • Analyst Sentiment: Analysts showed a positive outlook on Hercules Capital's sustainability of dividends and credit quality, with ongoing interest in the company's strategic positioning and risk management as they approach the end of 2025.

Wall Street analysts forecast HCXY stock price to rise
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Valuation Metrics

The current forward P/E ratio for Hercules Capital Inc (HCXY.N) is --, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Hercules Capital Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
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Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
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Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
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Frequently Asked Questions

What is Hercules Capital Inc (HCXY) stock price today?

The current price of HCXY is 25.29 USD — it has decreased -0.04

What is Hercules Capital Inc (HCXY)'s business?

Hercules Capital, Inc. is a specialty finance company. The Company is focused on providing financing solutions to venture capital-backed and institutional-backed companies in a variety of technology, life sciences and sustainable and renewable technology industries. It is structured as an internally managed, non-diversified, closed-end investment company. Its business objectives are to increase its net income, net investment income, and net asset value (NAV) through its investments in primarily Structured Debt or senior secured debt instruments of venture capital-backed and institutional-backed companies across a variety of technology related industries at attractive yields. It invests in a range of companies active in the technology industry sub-sectors characterized by products or services that require advanced technologies, including, computer software and hardware, networking systems, semiconductors, semiconductor capital equipment, information technology infrastructure and others.

What is the price predicton of HCXY Stock?

Wall Street analysts forecast HCXY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HCXY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Hercules Capital Inc (HCXY)'s revenue for the last quarter?

Hercules Capital Inc revenue for the last quarter amounts to 102.25M USD, decreased -34.77

What is Hercules Capital Inc (HCXY)'s earnings per share (EPS) for the last quarter?

Hercules Capital Inc. EPS for the last quarter amounts to 0.37 USD, decreased -52.56

How many employees does Hercules Capital Inc (HCXY). have?

Hercules Capital Inc (HCXY) has 100 emplpoyees as of March 10 2026.

What is Hercules Capital Inc (HCXY) market cap?

Today HCXY has the market capitalization of 0.00 USD.