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HTGC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
14.749
Open
14.600
VWAP
14.46
Vol
2.44M
Mkt Cap
2.69B
Low
14.260
Amount
35.21M
EV/EBITDA(TTM)
11.37
Total Shares
183.70M
EV
4.92B
EV/OCF(TTM)
--
P/S(TTM)
5.22
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.
Show More

Events Timeline

(ET)
2026-02-12
16:20:00
Hercules Achieves $3.92 Billion in New Commitments for 2025
select
2026-02-10 (ET)
2026-02-10
06:50:00
Hercules Capital Declares $0.28 Cash Distribution Per Share
select
2025-10-30 (ET)
2025-10-30
16:46:56
Hercules Capital announces Q3 earnings per share of 49 cents, surpassing consensus estimate of 48 cents.
select

News

CNBC
7.0
13:01 PMCNBC
JPMorgan Reduces Exposure to Private Credit Risks
  • Risk Management Measures: JPMorgan is proactively reducing its exposure to the private credit industry by marking down the value of loans collateralized by software companies, indicating a forward-looking approach to potential market turbulence.
  • Market Reaction: Concerns over software firms due to model updates from OpenAI and Anthropic have led to retail investors pulling funds, creating high redemption rates in the private credit sector, prompting JPMorgan's preemptive actions to address this trend.
  • Leverage Risk Control: By reducing the borrowing capacity of private credit firms, JPMorgan not only mitigates its own risk exposure but may also compel these firms to post additional collateral, thereby enhancing overall financial stability.
  • Historical Lessons: JPMorgan's previous pullback on leverage during the early days of the COVID pandemic underscores its commitment to maintaining financial discipline in the face of market uncertainties to avoid potential future crises.
Fool
5.0
03-10Fool
Hercules Capital Executives Engage in Significant Insider Buying
  • Insider Buying Signal: Hercules Capital executives and board members collectively purchased nearly $1.9 million in stock during February, indicating strong management confidence in the disconnection between current share prices and the company's fundamentals, potentially signaling future price rebounds.
  • Strong Performance Amid Price Decline: Despite Hercules achieving record debt and equity commitments of $3.9 billion last year, a 46% year-over-year increase, the stock has faced declines in early 2026 due to market volatility and uncertain Federal Reserve policy outlook, reflecting market skepticism about future prospects.
  • Robust Dividend Coverage: Hercules boasts a net investment income that covers its base dividend by 120%, and although it reduced its special dividend from $0.08 to $0.07 last year, this demonstrates the company's resilience and adaptability in a high-rate environment.
  • Future Growth Potential: With only 0.2% of its credit portfolio in non-accrual status, Hercules maintains a strong cash flow even in high-rate conditions, particularly through investments in emerging sectors like artificial intelligence and life sciences, appealing to income-focused investors.
NASDAQ.COM
6.5
03-10NASDAQ.COM
Hercules Capital Executives Buy Stock Amid Low Prices
  • Insider Buying Signal: In February, Hercules Capital executives and board members collectively purchased nearly $1.9 million worth of HTGC stock, indicating management's confidence in the disconnect between current stock prices and the company's fundamentals, despite shares hovering near 52-week lows.
  • Historic Performance Review: In 2025, Hercules Capital achieved record debt and equity commitments of $3.9 billion, a 46% year-over-year increase, and reported record net investment income, showcasing the company's strong performance in a high-rate environment.
  • Dividend Coverage Capability: Although the company modestly reduced its special dividend from $0.08 to $0.07 last year, its 120% coverage of base dividends and only 0.2% of the portfolio in non-accrual status indicate a strong defensive credit book capable of operating in various economic conditions.
  • Future Growth Potential: Focusing on emerging opportunities in artificial intelligence and life sciences, Hercules Capital offers a 12% dividend yield, appealing to income-focused investors, and the recent insider buying further underscores management's confidence in the company's long-term growth prospects.
PRnewswire
7.0
03-05PRnewswire
Hercules Capital Under Investigation for Securities Fraud
  • Investigation Launched: Pomerantz LLP is investigating on behalf of Hercules Capital investors regarding potential securities fraud or other unlawful business practices, highlighting serious concerns about corporate governance and transparency.
  • Debt Concerns: A report by Hunterbrook Media alleges that Hercules marks its software debt at '100 cents on the dollar' despite billions in distressed debt across the industry, which could undermine investor confidence in the company's financial health.
  • Stock Price Decline: Following the publication of the Hunterbrook report, Hercules's stock price fell by $1.22, or 7.91%, closing at $14.21 per share, reflecting market apprehension regarding the company's financial situation.
  • Legal Implications: Pomerantz LLP, a prominent securities class action firm, may lead to legal repercussions for Hercules, potentially impacting future shareholder value and the company's market reputation.
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.
Benzinga
2.0
03-04Benzinga
Oversold Stocks in Financial Sector Present Buying Opportunities
  • Oversold Stocks Overview: In the financial sector, stocks with an RSI below 30 are considered oversold, indicating potential buying opportunities for investors, especially during market volatility.
  • Root Inc Performance: Root Inc (NASDAQ:ROOT) reported better-than-expected fourth-quarter results on February 25, yet its stock fell approximately 18% over the past five days, currently holding an RSI of 29.7, suggesting potential for a short-term rebound.
  • Price Dynamics: Root Inc's shares closed down 3.6% at $47.80 on Tuesday, nearing its 52-week low of $46.63, reflecting market caution regarding its future performance.
  • Market Rating Analysis: According to Edge Stock Ratings, Root Inc has a momentum score of 91.92 and a value score of 93.51, indicating its relative strength in the industry despite currently being in an oversold condition.
Wall Street analysts forecast HTGC stock price to rise
7 Analyst Rating
Wall Street analysts forecast HTGC stock price to rise
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
18.00
Averages
20.04
High
24.00
Current: 0.000
sliders
Low
18.00
Averages
20.04
High
24.00
Keefe Bruyette
Outperform
to
NULL
downgrade
$20 -> $19
AI Analysis
2026-02-13
Reason
Keefe Bruyette
Price Target
$20 -> $19
AI Analysis
2026-02-13
downgrade
Outperform
to
NULL
Reason
Keefe Bruyette lowered the firm's price target on Hercules Capital to $19 from $20 and keeps an Outperform rating on the shares.
Piper Sandler
Overweight -> Neutral
downgrade
2026-02-13
Reason
Piper Sandler
Price Target
2026-02-13
downgrade
Overweight -> Neutral
Reason
Piper Sandler downgraded Hercules Capital to Neutral from Overweight with a price target of $17.50, down from $20.50, following the Q4 report. Hercules' software exposure is 35% and could bring "negative headlines, noise, and potential difficulty in business models with AI disruption a risk," the analyst tells investors in a research note. Piper continues to view Hercules as one of the best underwriters in technology lending, but believes its near-term returns will be driven primarily by the dividend given macro uncertainty and volatility rather than share appreciation.
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Valuation Metrics

The current forward P/E ratio for Hercules Capital Inc (HTGC.N) is 9.38, compared to its 5-year average forward P/E of 9.73. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.73
Current PE
9.38
Overvalued PE
11.71
Undervalued PE
7.75

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
5.69
Current PS
5.82
Overvalued PS
6.58
Undervalued PS
4.81

Financials

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Whales Holding HTGC

S
Sound Income Strategies, LLC
Holding
HTGC
-6.75%
3M Return
A
Ares Management LLC
Holding
HTGC
-13.33%
3M Return

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Frequently Asked Questions

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

The current price of HTGC is 14.36 USD — it has decreased -1.85

What is Hercules Capital Inc (HTGC)'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 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.

What is the price predicton of HTGC Stock?

Wall Street analysts forecast HTGC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HTGC is20.04 USD with a low forecast of 18.00 USD and a high forecast of 24.00 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 (HTGC)'s revenue for the last quarter?

Hercules Capital Inc revenue for the last quarter amounts to 141.35M USD, increased 38.24

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

Hercules Capital Inc. EPS for the last quarter amounts to 0.48 USD, increased 29.73

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

Hercules Capital Inc (HTGC) has 100 emplpoyees as of March 11 2026.

What is Hercules Capital Inc (HTGC) market cap?

Today HTGC has the market capitalization of 2.69B USD.