HTGC

Hercules Capital Inc

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Advanced Chart

19.480

+0.22(1.142%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

19.490

Open

19.320

VWAP

19.45

Vol

815.13K

Mkt Cap

3.42B

Low

19.281

Amount

15.86M

EV/EBITDA(TTM)

17.56

Total Shares

162.18M

5.30B

EV/OCF(TTM)

P/S(TTM)

8.20

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 and life sciences 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, 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, telecommunications equipment and media, semiconductor capital equipment, information technology infrastructure and others.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

137.36M

+12.79%

0.496

+1.29%

133.68M

+6.73%

0.485

-4.92%

129.46M

+3.57%

0.472

-7.5%

Estimates Revision

The market is revising No Change the revenue expectations for Hercules Capital, Inc. (HTGC) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 8.64%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+8.64%

In Past 3 Month

5 Analyst Rating

-1.95% Downside

Wall Street analysts forecast HTGC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HTGC is 19.10 USD with a low forecast of 18.00 USD and a high forecast of 20.50 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.

3 Buy

2 Hold

0 Sell

Moderate Buy

-1.95% Downside

Current: 19.480

Low

18.00

Averages

19.10

High

20.50

-1.95% Downside

Current: 19.480

Low

18.00

Averages

19.10

High

20.50

UBS

Doug Harter

Neutral

maintain

$19

2025-07-16

Reason

UBS

Doug Harter

Price Target

$19

2025-07-16

maintain

Neutral

Reason

UBS analyst Doug Harter raised the firm's price target on Hercules Capital to $19 from $18.50 and keeps a Neutral rating on the shares.

UBS

Vilas Abraham

Hold

Maintains

$20 → $18

2025-04-17

Reason

UBS

Vilas Abraham

Price Target

$20 → $18

2025-04-17

Maintains

Hold

Reason

UBS lowered the firm's price target on Hercules Capital to $18 from $20 and keeps a Neutral rating on the shares as part of a Q1 earnings preview for the business development companies. The focus for investors during earnings will be on the outlook for credit quality given the increased economic uncertainty, the analyst tells investors in a research note. The firm says that while the pullback in the sector has made valuations more attractive, the overhang from credit quality concerns and earnings drag from lower short-term rates will persist. UBS cut price targets to reflect a lower return on equity outlook from slower loan growth and lower target multiples given increased economic uncertainty.

Piper Sandler

Crispin Love

Buy

Maintains

$23 → $20

2025-04-08

Reason

Piper Sandler

Crispin Love

Price Target

$23 → $20

2025-04-08

Maintains

Buy

Reason

Keefe, Bruyette & Woods

Paul Johnson

Buy

Maintains

$22 → $21

2025-04-08

Reason

Keefe, Bruyette & Woods

Paul Johnson

Price Target

$22 → $21

2025-04-08

Maintains

Buy

Reason

Keefe Bruyette lowered the firm's price target on Hercules Capital to $20.50 from $21.50 and keeps an Outperform rating on the shares.

Compass Point

Casey Alexander

Hold

Maintains

$18 → $20

2025-02-19

Reason

Compass Point

Casey Alexander

Price Target

$18 → $20

2025-02-19

Maintains

Hold

Reason

JMP Securities

Brian McKenna

Buy

Reiterates

$22 → $25

2025-02-14

Reason

JMP Securities

Brian McKenna

Price Target

$22 → $25

2025-02-14

Reiterates

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Hercules Capital Inc (HTGC.N) is 9.91, compared to its 5-year average forward P/E of 9.80. 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.

Fair

5Y Average PE

9.80

Current PE

9.91

Overvalued PE

11.81

Undervalued PE

7.79

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.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

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.

Fair

5Y Average PS

5.62

Current PS

6.13

Overvalued PS

6.54

Undervalued PS

4.70