Hercules Capital (HTGC) Stock Forecast, Price Target & Predictions
HTGC Stock Forecast
Hercules Capital stock forecast is as follows: an average price target of $21.00 (represents a 8.05% upside from HTGC’s last price of $19.44) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.
HTGC Price Target
The average price target for Hercules Capital (HTGC) is $21.00 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $20.00. This represents a potential 8.05% upside from HTGC's last price of $19.44.
HTGC Analyst Ratings
According to 18 Wall Street analysts, Hercules Capital's rating consensus is 'Buy'. The analyst rating breakdown for HTGC stock is 0 'Strong Buy' (0.00%), 14 'Buy' (77.78%), 4 'Hold' (22.22%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Hercules Capital Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 18, 2024 | Doug Harter | UBS | $20.00 | $21.32 | -6.19% | 2.90% |
| Jul 10, 2024 | Crispin Love | Piper Sandler | $22.00 | $20.50 | 7.32% | 13.19% |
| May 03, 2024 | Crispin Love | Piper Sandler | $21.50 | $19.21 | 11.92% | 10.62% |
| Apr 10, 2024 | Crispin Love | Piper Sandler | $21.00 | $18.41 | 14.07% | 8.05% |
| Oct 03, 2022 | Piper Sandler | $13.00 | $11.58 | 12.26% | -33.11% | |
| Aug 01, 2022 | JMP Securities | $18.00 | $15.91 | 13.14% | -7.39% | |
| Jun 28, 2022 | Piper Sandler | $15.50 | $13.98 | 10.87% | -20.25% | |
| Apr 25, 2022 | Wells Fargo | $19.00 | $17.85 | 6.43% | -2.24% |
The latest Hercules Capital stock forecast, released on Jul 18, 2024 by Doug Harter from UBS, set a price target of $20.00, which represents a -6.19% decrease from the stock price at the time of the forecast ($21.32), and a 2.90% increase from HTGC last price ($19.44).
Hercules Capital Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 4 |
| Avg Price Target | - | - | $21.13 |
| Last Closing Price | $19.44 | $19.44 | $19.44 |
| Upside/Downside | -100.00% | -100.00% | 8.72% |
In the current month, the average price target of Hercules Capital stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hercules Capital's last price of $19.44. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 02, 2024 | Piper Sandler | Underweight | Underweight | Hold |
| Jul 30, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Jul 18, 2024 | UBS | Neutral | Neutral | Hold |
| Jul 10, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 03, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| May 03, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 03, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Aug 30, 2023 | Janney Montgomery | Buy | Initialise | |
| Aug 30, 2023 | Citigroup | Neutral | Initialise | |
| Aug 30, 2023 | Evercore ISI | Outperform | Initialise | |
| Aug 30, 2023 | HSBC | Buy | Initialise | |
| Aug 30, 2023 | Barclays | Overweight | Initialise | |
| Aug 30, 2023 | Morgan Stanley | Overweight | Initialise | |
| Aug 30, 2023 | Compass Point | Buy | Upgrade | |
| Aug 04, 2023 | Keefe, Bruyette & Woods | Market Perform | Upgrade | |
| Apr 06, 2023 | B. Riley Securities | Buy | Initialise | |
| Apr 06, 2023 | B. Riley | Buy | Initialise | |
| Apr 06, 2023 | BMO Capital | Outperform | Initialise | |
| Apr 06, 2023 | Deutsche Bank | Hold | Initialise | |
| Apr 06, 2023 | Raymond James | Outperform | Initialise | |
| Apr 06, 2023 | Wedbush | Outperform | Initialise | |
| Apr 06, 2023 | Piper Sandler | Neutral | Overweight | Upgrade |
| Oct 03, 2022 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 01, 2022 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Jul 29, 2022 | Oppenheimer | Outperform | Downgrade | |
| Jun 28, 2022 | Piper Sandler | Neutral | Neutral | Hold |
Hercules Capital's last stock rating was published by Piper Sandler on Oct 31, 2024. The company gave HTGC a "Overweight" rating, the same as its previous rate.
Hercules Capital Financial Forecast
Hercules Capital Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $147.28M | $51.49M | $108.99M | $117.53M | $84.67M | $72.93M | $8.97M | $18.07M | $28.10M | $42.58M | $100.84M | $83.61M | $169.15M | $59.87M | $78.97M | $66.20M | $60.42M | $35.78M |
| Avg Forecast | $138.57M | $136.15M | $135.11M | $134.02M | $133.91M | $132.03M | $130.06M | $128.52M | $126.43M | $128.11M | $127.50M | $121.86M | $117.48M | $112.57M | $108.52M | $101.83M | $90.90M | $80.44M | $72.36M | $69.17M | $70.37M | $71.35M | $70.03M | $68.45M | $70.68M | $69.37M | $69.39M | $70.96M | $69.38M | $68.04M |
| High Forecast | $143.66M | $141.15M | $140.06M | $138.93M | $138.83M | $136.87M | $134.83M | $135.29M | $130.22M | $128.13M | $127.50M | $121.86M | $118.64M | $117.06M | $112.50M | $105.56M | $94.24M | $80.44M | $72.36M | $69.17M | $70.37M | $71.35M | $70.03M | $68.45M | $70.68M | $69.37M | $69.39M | $70.96M | $69.38M | $68.04M |
| Low Forecast | $130.13M | $127.86M | $126.88M | $125.85M | $125.76M | $123.99M | $122.14M | $121.18M | $121.76M | $128.09M | $127.50M | $121.86M | $115.54M | $106.86M | $101.92M | $95.63M | $85.37M | $80.44M | $72.36M | $69.17M | $70.37M | $71.35M | $70.03M | $68.45M | $70.68M | $69.37M | $69.39M | $70.96M | $69.38M | $68.04M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 8 | 8 | 9 | 12 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 0.46% | 1.00% | 1.15% | 0.93% | 0.91% | 0.12% | 0.26% | 0.40% | 0.60% | 1.44% | 1.22% | 2.39% | 0.86% | 1.14% | 0.93% | 0.87% | 0.53% |
Hercules Capital's average Quarter revenue forecast for Mar 24 based on 2 analysts is $121.86M, with a low forecast of $121.86M, and a high forecast of $121.86M. HTGC's average Quarter revenue forecast represents a -17.26% decrease compared to the company's last Quarter revenue of $147.28M (Dec 23).
Hercules Capital EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 8 | 8 | 9 | 12 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-284.27M | $28.03M | $66.04M | $111.23M | $149.64M | $137.04M | $2.44M | $8.37M | $15.91M | $36.69M | $97.31M | $79.01M | $166.46M | $57.95M | $76.94M | $-14.06M | $59.37M | $33.20M |
| Avg Forecast | $120.99M | $118.87M | $117.96M | $117.01M | $116.92M | $115.27M | $113.55M | $112.21M | $110.39M | $111.85M | $111.32M | $95.60M | $102.57M | $98.29M | $94.75M | $86.91M | $15.86M | $61.01M | $2.51M | $52.46M | $53.37M | $54.12M | $53.11M | $51.91M | $53.61M | $52.61M | $52.63M | $-13.67M | $52.62M | $51.60M |
| High Forecast | $125.42M | $123.23M | $122.29M | $121.30M | $121.21M | $119.50M | $117.72M | $118.12M | $113.70M | $111.87M | $111.32M | $114.72M | $103.58M | $102.20M | $98.23M | $104.29M | $19.03M | $61.01M | $3.01M | $52.46M | $53.37M | $54.12M | $53.11M | $51.91M | $53.61M | $52.61M | $52.63M | $-10.94M | $52.62M | $51.60M |
| Low Forecast | $113.62M | $111.63M | $110.77M | $109.88M | $109.80M | $108.25M | $106.64M | $105.80M | $106.30M | $111.83M | $111.32M | $76.48M | $100.87M | $93.30M | $88.98M | $69.53M | $12.69M | $61.01M | $2.01M | $52.46M | $53.37M | $54.12M | $53.11M | $51.91M | $53.61M | $52.61M | $52.63M | $-16.41M | $52.62M | $51.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -2.77% | 0.29% | 0.70% | 1.28% | 9.43% | 2.25% | 0.97% | 0.16% | 0.30% | 0.68% | 1.83% | 1.52% | 3.11% | 1.10% | 1.46% | 1.03% | 1.13% | 0.64% |
4 analysts predict HTGC's average Quarter EBITDA for Dec 23 to be $102.57M, with a high of $103.58M and a low of $100.87M. This is 265.99% upper than Hercules Capital's previous annual EBITDA (Sep 23) of $28.03M.
Hercules Capital Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 8 | 8 | 9 | 12 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-217.31M | $27.97M | - | $94.56M | $62.53M | $53.20M | $-23.02M | $-14.98M | $-8.43M | $23.55M | $82.73M | $64.16M | $151.17M | $43.05M | $61.77M | $-28.72M | $44.61M | $19.27M |
| Avg Forecast | $78.14M | $78.64M | $78.83M | $78.89M | $80.97M | $81.10M | $80.21M | $80.00M | $81.29M | $82.56M | $82.65M | $77.64M | $81.41M | $78.48M | $78.53M | $70.58M | $3.70M | $57.57M | $-10.63M | $50.52M | $52.34M | $52.59M | $51.50M | $64.16M | $53.23M | $51.94M | $52.91M | $-27.93M | $56.94M | $55.01M |
| High Forecast | $81.87M | $82.39M | $82.59M | $82.65M | $84.83M | $84.96M | $84.04M | $83.81M | $82.95M | $82.57M | $82.67M | $93.16M | $83.03M | $81.68M | $82.27M | $84.70M | $4.44M | $57.57M | $-8.50M | $50.52M | $52.34M | $52.59M | $51.50M | $77.00M | $53.23M | $51.94M | $52.91M | $-22.34M | $56.94M | $55.01M |
| Low Forecast | $71.96M | $72.41M | $72.59M | $72.64M | $74.56M | $74.67M | $73.86M | $78.36M | $74.86M | $82.55M | $82.62M | $62.11M | $79.78M | $70.47M | $72.31M | $56.46M | $2.96M | $57.57M | $-12.76M | $50.52M | $52.34M | $52.59M | $51.50M | $51.33M | $53.23M | $51.94M | $52.91M | $-33.51M | $56.94M | $55.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -2.67% | 0.36% | - | 1.34% | 16.90% | 0.92% | 2.17% | -0.30% | -0.16% | 0.45% | 1.61% | 1.00% | 2.84% | 0.83% | 1.17% | 1.03% | 0.78% | 0.35% |
Hercules Capital's average Quarter net income forecast for Dec 23 is $81.41M, with a range of $79.78M to $83.03M. HTGC's average Quarter net income forecast represents a 191.08% increase compared to the company's last Quarter net income of $27.97M (Sep 23).
Hercules Capital SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 8 | 8 | 9 | 12 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $4.83M | $4.59M | $5.15M | $4.13M | $4.44M | $4.36M | $4.32M | $3.82M | $4.36M | $4.08M | $4.07M | $3.60M | $4.72M | $4.30M | $4.96M | $4.92M | $4.57M | $5.55M |
| Avg Forecast | $9.43M | $9.26M | $9.19M | $9.12M | $9.11M | $8.98M | $8.85M | $8.75M | $8.60M | $8.72M | $8.68M | $4.35M | $7.99M | $7.66M | $7.38M | $3.96M | $4.35M | $5.49M | $4.45M | $4.72M | $4.80M | $4.87M | $4.78M | $3.60M | $4.82M | $4.73M | $4.73M | $4.79M | $4.73M | $4.64M |
| High Forecast | $9.78M | $9.60M | $9.53M | $9.45M | $9.45M | $9.31M | $9.17M | $9.21M | $8.86M | $8.72M | $8.68M | $5.22M | $8.07M | $7.97M | $7.66M | $4.75M | $5.22M | $5.49M | $5.34M | $4.72M | $4.80M | $4.87M | $4.78M | $4.32M | $4.82M | $4.73M | $4.73M | $5.74M | $4.73M | $4.64M |
| Low Forecast | $8.85M | $8.70M | $8.63M | $8.56M | $8.56M | $8.44M | $8.31M | $8.25M | $8.28M | $8.72M | $8.68M | $3.48M | $7.86M | $7.27M | $6.93M | $3.16M | $3.48M | $5.49M | $3.56M | $4.72M | $4.80M | $4.87M | $4.78M | $2.88M | $4.82M | $4.73M | $4.73M | $3.83M | $4.73M | $4.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | 0.60% | 0.70% | 1.04% | 1.02% | 0.80% | 0.97% | 0.81% | 0.91% | 0.84% | 0.85% | 1.00% | 0.98% | 0.91% | 1.05% | 1.03% | 0.97% | 1.20% |
Hercules Capital's average Quarter SG&A projection for Mar 24 is $4.35M, based on 2 Wall Street analysts, with a range of $3.48M to $5.22M. The forecast indicates a -9.88% fall compared to HTGC last annual SG&A of $4.83M (Dec 23).
Hercules Capital EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 8 | 8 | 9 | 12 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-1.51 | $0.19 | - | $0.69 | $0.48 | $0.41 | $-0.19 | $-0.13 | $-0.07 | $0.20 | $0.71 | $0.56 | $1.32 | $0.38 | $0.55 | $-0.27 | $0.42 | $0.18 |
| Avg Forecast | $0.48 | $0.49 | $0.49 | $0.49 | $0.50 | $0.50 | $0.50 | $0.50 | $0.50 | $0.51 | $0.51 | $0.50 | $0.50 | $0.49 | $0.49 | $0.46 | $0.41 | $0.36 | $0.33 | $0.31 | $0.32 | $0.33 | $0.32 | $0.30 | $0.33 | $0.32 | $0.33 | $0.36 | $0.35 | $0.34 |
| High Forecast | $0.51 | $0.51 | $0.51 | $0.51 | $0.53 | $0.53 | $0.52 | $0.52 | $0.51 | $0.51 | $0.51 | $0.50 | $0.51 | $0.51 | $0.51 | $0.48 | $0.43 | $0.36 | $0.33 | $0.31 | $0.32 | $0.33 | $0.32 | $0.30 | $0.33 | $0.32 | $0.33 | $0.36 | $0.35 | $0.34 |
| Low Forecast | $0.45 | $0.45 | $0.45 | $0.45 | $0.46 | $0.46 | $0.46 | $0.49 | $0.46 | $0.51 | $0.51 | $0.50 | $0.49 | $0.44 | $0.45 | $0.42 | $0.38 | $0.36 | $0.33 | $0.31 | $0.32 | $0.33 | $0.32 | $0.30 | $0.33 | $0.32 | $0.33 | $0.36 | $0.35 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -3.00% | 0.39% | - | 1.50% | 1.16% | 1.15% | -0.58% | -0.42% | -0.23% | 0.61% | 2.22% | 1.86% | 4.00% | 1.18% | 1.68% | -0.76% | 1.19% | 0.53% |
According to 4 Wall Street analysts, Hercules Capital's projected average Quarter EPS for Dec 23 is $0.50, with a low estimate of $0.49 and a high estimate of $0.51. This represents a 165.27% increase compared to HTGC previous annual EPS of $0.19 (Sep 23).
Hercules Capital Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GBDC | Golub Capital BDC | $14.95 | $17.50 | 17.06% | Buy |
| PFLT | PennantPark Floating Rate Capital | $10.81 | $12.00 | 11.01% | Hold |
| HTGC | Hercules Capital | $19.18 | $21.00 | 9.49% | Buy |
| ARCC | Ares Capital | $21.30 | $22.00 | 3.29% | Buy |
| FSK | FS KKR Capital | $21.29 | $21.00 | -1.36% | Hold |
| MAIN | Main Street Capital | $55.62 | $52.00 | -6.51% | Buy |
| CGBD | Carlyle Secured Lending | $17.52 | $16.00 | -8.68% | Hold |
| TPVG | TriplePoint Venture Growth BDC | $8.53 | $7.75 | -9.14% | Hold |
| TRIN | Trinity Capital | $14.44 | $13.00 | -9.97% | Buy |
| PSEC | Prospect Capital | $5.41 | $4.50 | -16.82% | Sell |
| TCPC | BlackRock TCP Capital | $10.58 | $8.00 | -24.39% | Hold |