Hercules Capital (HTGC) Stock Forecast, Price Target & Predictions
HTGC Stock Forecast
Hercules Capital stock forecast is as follows: an average price target of $19.75 (represents a 6.47% upside from HTGC’s last price of $18.55) 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 $19.75 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 $18.00. This represents a potential 6.47% upside from HTGC's last price of $18.55.
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%), 13 'Buy' (72.22%), 4 'Hold' (22.22%), 1 'Sell' (5.56%), 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% | 7.82% |
| Jul 10, 2024 | Crispin Love | Piper Sandler | $22.00 | $20.50 | 7.32% | 18.60% |
| May 03, 2024 | Crispin Love | Piper Sandler | $21.50 | $19.21 | 11.92% | 15.90% |
| Apr 10, 2024 | Crispin Love | Piper Sandler | $21.00 | $18.41 | 14.07% | 13.21% |
| Oct 03, 2022 | - | Piper Sandler | $13.00 | $11.58 | 12.26% | -29.92% |
| Aug 01, 2022 | - | JMP Securities | $18.00 | $15.91 | 13.14% | -2.96% |
| Jun 28, 2022 | - | Piper Sandler | $15.50 | $13.98 | 10.87% | -16.44% |
| Apr 25, 2022 | - | Wells Fargo | $19.00 | $17.85 | 6.43% | 2.43% |
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 7.82% increase from HTGC last price ($18.55).
Hercules Capital Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $21.00 | $21.13 |
| Last Closing Price | $18.55 | $18.55 | $18.55 |
| Upside/Downside | -100.00% | 13.21% | 13.91% |
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 $18.55. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
Hercules Capital's last stock rating was published by Piper Sandler on Aug 02, 2024. The company gave HTGC a "Underweight" 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 | Jul 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 | - | $18.07M | $28.10M | $42.58M | $100.84M | $83.61M | $169.15M | $59.87M | $78.97M | $66.20M | $60.42M | $35.78M |
| Avg Forecast | $156.63M | $153.66M | $150.48M | $149.69M | $140.08M | $137.35M | $136.03M | $134.59M | $131.29M | $128.15M | $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 | $159.34M | $156.33M | $153.09M | $152.29M | $142.51M | $139.73M | $138.39M | $136.92M | $133.57M | $130.68M | $129.71M | $123.97M | $118.64M | $117.06M | $110.41M | $103.60M | $92.48M | $81.84M | $72.36M | $72.07M | $73.32M | $74.35M | $72.96M | $71.32M | $73.65M | $72.28M | $72.30M | $73.93M | $72.29M | $70.89M |
| Low Forecast | $152.30M | $149.42M | $146.32M | $145.56M | $136.21M | $133.56M | $132.27M | $130.87M | $127.67M | $125.60M | $123.98M | $118.50M | $115.54M | $106.86M | $105.53M | $99.02M | $88.39M | $78.22M | $72.36M | $63.83M | $64.95M | $65.85M | $64.63M | $63.17M | $65.23M | $64.02M | $64.04M | $65.49M | $64.04M | $62.79M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 2 | 3 | 3 | 3 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 0.46% | 1.00% | 1.15% | 0.93% | 0.91% | - | 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 $118.50M, and a high forecast of $123.97M. 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 | Jul 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 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 2 | 3 | 3 | 3 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-284.27M | $28.03M | $66.04M | $111.23M | $149.64M | $137.04M | - | $8.37M | $15.91M | $36.69M | $97.31M | $79.01M | $166.46M | $57.95M | $76.94M | $-14.06M | $59.37M | $33.20M |
| Avg Forecast | $118.79M | $116.54M | $114.13M | $113.53M | $106.24M | $104.17M | $103.17M | $102.07M | $99.57M | $97.19M | $96.70M | $95.60M | $89.10M | $85.38M | $82.31M | $86.91M | $68.94M | $34.30M | $54.88M | $52.46M | $14.42M | $36.69M | $53.11M | $51.91M | $53.61M | $54.33M | $52.63M | $-13.67M | $56.07M | $30.27M |
| High Forecast | $120.85M | $118.56M | $116.11M | $115.50M | $108.08M | $105.98M | $104.96M | $103.84M | $101.30M | $99.11M | $98.38M | $114.72M | $89.98M | $88.78M | $83.74M | $104.29M | $70.14M | $41.16M | $54.88M | $54.66M | $17.30M | $44.02M | $55.34M | $54.09M | $55.86M | $65.19M | $54.84M | $-10.94M | $67.28M | $36.33M |
| Low Forecast | $115.51M | $113.32M | $110.98M | $110.39M | $103.31M | $101.30M | $100.32M | $99.26M | $96.83M | $95.26M | $94.03M | $76.48M | $87.63M | $81.05M | $80.04M | $69.53M | $67.04M | $27.44M | $54.88M | $48.41M | $11.54M | $29.35M | $49.02M | $47.91M | $49.47M | $43.46M | $48.57M | $-16.41M | $44.86M | $24.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -3.19% | 0.33% | 0.80% | 1.28% | 2.17% | 4.00% | - | 0.16% | 1.10% | 1.00% | 1.83% | 1.52% | 3.11% | 1.07% | 1.46% | 1.03% | 1.06% | 1.10% |
4 analysts predict HTGC's average Quarter EBITDA for Dec 23 to be $89.10M, with a high of $89.98M and a low of $87.63M. This is 217.92% 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 | Jul 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 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 2 | 3 | 3 | 3 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-217.31M | $27.97M | - | $94.56M | $62.53M | $53.20M | - | $-14.98M | $-8.43M | $23.55M | $82.73M | $64.16M | $151.17M | $43.05M | $61.77M | $-28.72M | $44.61M | $19.27M |
| Avg Forecast | $74.90M | $75.83M | $75.81M | $77.03M | $82.07M | $81.59M | $81.73M | $82.01M | $82.99M | $82.54M | $82.54M | $77.64M | $81.30M | $78.38M | $78.43M | $70.58M | $66.86M | $22.02M | $51.74M | $49.40M | $3.36M | $23.55M | $82.73M | $64.16M | $132.85M | $40.36M | $63.64M | $-27.93M | $42.13M | $17.57M |
| High Forecast | $76.59M | $77.54M | $77.52M | $78.77M | $83.92M | $83.43M | $83.58M | $83.86M | $84.86M | $84.40M | $84.40M | $93.16M | $82.93M | $81.57M | $80.19M | $84.70M | $68.37M | $26.42M | $51.74M | $52.10M | $4.04M | $28.26M | $99.28M | $77.00M | $159.42M | $48.43M | $76.36M | $-22.34M | $50.56M | $21.08M |
| Low Forecast | $72.21M | $73.11M | $73.09M | $74.27M | $79.12M | $78.67M | $78.80M | $79.07M | $80.01M | $80.92M | $79.58M | $62.11M | $79.68M | $70.38M | $75.61M | $56.46M | $64.47M | $17.61M | $51.74M | $44.45M | $2.69M | $18.84M | $66.18M | $51.33M | $106.28M | $32.29M | $50.91M | $-33.51M | $33.71M | $14.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -2.67% | 0.36% | - | 1.34% | 0.94% | 2.42% | - | -0.30% | -2.50% | 1.00% | 1.00% | 1.00% | 1.14% | 1.07% | 0.97% | 1.03% | 1.06% | 1.10% |
Hercules Capital's average Quarter net income forecast for Dec 23 is $81.30M, with a range of $79.68M to $82.93M. HTGC's average Quarter net income forecast represents a 190.71% 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 | Jul 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 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 2 | 3 | 3 | 3 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $4.83M | $4.59M | $5.15M | $4.13M | $4.44M | $4.36M | - | $3.82M | $4.36M | $4.08M | $4.07M | $3.60M | $4.72M | $4.30M | $4.96M | $4.92M | $4.57M | $5.55M |
| Avg Forecast | $10.68M | $10.48M | $10.26M | $10.21M | $9.55M | $9.37M | $9.28M | $9.18M | $8.95M | $8.74M | $8.70M | $4.35M | $8.01M | $7.68M | $7.40M | $3.96M | $6.20M | $3.82M | $4.94M | $4.72M | $3.95M | $4.08M | $4.07M | $3.60M | $4.15M | $4.03M | $5.11M | $4.79M | $4.32M | $5.06M |
| High Forecast | $10.87M | $10.66M | $10.44M | $10.39M | $9.72M | $9.53M | $9.44M | $9.34M | $9.11M | $8.91M | $8.85M | $5.22M | $8.09M | $7.98M | $7.53M | $4.75M | $6.31M | $4.58M | $4.94M | $4.92M | $4.74M | $4.90M | $4.88M | $4.32M | $4.98M | $4.83M | $6.14M | $5.74M | $5.18M | $6.08M |
| Low Forecast | $10.39M | $10.19M | $9.98M | $9.93M | $9.29M | $9.11M | $9.02M | $8.93M | $8.71M | $8.57M | $8.46M | $3.48M | $7.88M | $7.29M | $7.20M | $3.16M | $6.03M | $3.06M | $4.94M | $4.35M | $3.16M | $3.27M | $3.25M | $2.88M | $3.32M | $3.22M | $4.09M | $3.83M | $3.46M | $4.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | 0.60% | 0.70% | 1.04% | 0.72% | 1.14% | - | 0.81% | 1.10% | 1.00% | 1.00% | 1.00% | 1.14% | 1.07% | 0.97% | 1.03% | 1.06% | 1.10% |
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 | Jul 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 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 2 | 3 | 3 | 3 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-1.51 | $0.19 | - | $0.69 | $0.48 | $0.41 | - | $-0.13 | $-0.07 | $0.20 | $0.71 | $0.56 | $1.32 | $0.38 | $0.55 | $-0.27 | $0.42 | $0.18 |
| Avg Forecast | $0.46 | $0.47 | $0.47 | $0.48 | $0.51 | $0.51 | $0.51 | $0.51 | $0.51 | $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 | $0.47 | $0.48 | $0.48 | $0.49 | $0.52 | $0.52 | $0.52 | $0.52 | $0.53 | $0.52 | $0.52 | $0.51 | $0.51 | $0.51 | $0.50 | $0.47 | $0.42 | $0.36 | $0.33 | $0.33 | $0.34 | $0.34 | $0.34 | $0.32 | $0.35 | $0.34 | $0.35 | $0.38 | $0.37 | $0.36 |
| Low Forecast | $0.45 | $0.45 | $0.45 | $0.46 | $0.49 | $0.49 | $0.49 | $0.49 | $0.50 | $0.50 | $0.49 | $0.48 | $0.49 | $0.44 | $0.47 | $0.44 | $0.40 | $0.34 | $0.33 | $0.28 | $0.29 | $0.29 | $0.29 | $0.27 | $0.30 | $0.29 | $0.30 | $0.32 | $0.32 | $0.31 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -3.00% | 0.39% | - | 1.50% | 1.16% | 1.15% | - | -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 |
|---|---|---|---|---|---|
| TPVG | TriplePoint Venture Growth BDC | $8.53 | $11.25 | 31.89% | Hold |
| GBDC | Golub Capital BDC | $14.76 | $17.50 | 18.56% | Buy |
| TRIN | Trinity Capital | $13.84 | $16.00 | 15.61% | Buy |
| MAIN | Main Street Capital | $48.63 | $52.00 | 6.93% | Buy |
| HTGC | Hercules Capital | $18.55 | $19.75 | 6.47% | Buy |
| ARCC | Ares Capital | $20.52 | $21.60 | 5.26% | Buy |
| PFLT | PennantPark Floating Rate Capital | $11.44 | $12.00 | 4.90% | Hold |
| FSK | FS KKR Capital | $20.07 | $21.00 | 4.63% | Hold |
| CGBD | Carlyle Secured Lending | $17.52 | $16.00 | -8.68% | Hold |
| PSEC | Prospect Capital | $5.41 | $4.50 | -16.82% | Sell |
| TCPC | BlackRock TCP Capital | $10.58 | $8.00 | -24.39% | Hold |
HTGC Forecast FAQ
Is Hercules Capital a good buy?
Yes, according to 18 Wall Street analysts, Hercules Capital (HTGC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 72.22% of HTGC's total ratings.
What is HTGC's price target?
Hercules Capital (HTGC) average price target is $19.75 with a range of $18 to $22, implying a 6.47% from its last price of $18.55. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Hercules Capital stock go up soon?
According to Wall Street analysts' prediction for HTGC stock, the company can go up by 6.47% (from the last price of $18.55 to the average price target of $19.75), up by 18.60% based on the highest stock price target, and down by -2.96% based on the lowest stock price target.
Can Hercules Capital stock reach $30?
HTGC's average twelve months analyst stock price target of $19.75 does not support the claim that Hercules Capital can reach $30 in the near future.
What are Hercules Capital's analysts' financial forecasts?
Hercules Capital's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $548.05M (high $557.55M, low $532.92M), average EBITDA is $415.65M (high $422.86M, low $404.18M), average net income is $327.41M (high $334.79M, low $315.66M), average SG&A $37.38M (high $38.03M, low $36.35M), and average EPS is $2.03 (high $2.08, low $1.96). HTGC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $610.45M (high $621.05M, low $593.6M), average EBITDA is $462.99M (high $471.02M, low $450.21M), average net income is $303.57M (high $310.42M, low $292.68M), average SG&A $41.64M (high $42.36M, low $40.49M), and average EPS is $1.88 (high $1.92, low $1.81).
Did the HTGC's actual financial results beat the analysts' financial forecasts?
Based on Hercules Capital's last annual report (Dec 2023), the company's revenue was $434.42M, which missed the average analysts forecast of $440.41M by -1.36%. Apple's EBITDA was $268.69M, missing the average prediction of $343.7M by -21.82%. The company's net income was $0, missing the average estimation of $308.68M by -100.00%. Apple's SG&A was $18.7M, missing the average forecast of $27.05M by -30.88%. Lastly, the company's EPS was $0, missing the average prediction of $1.94 by -100.00%. In terms of the last quarterly report (Dec 2023), Hercules Capital's revenue was $147.28M, beating the average analysts' forecast of $117.48M by 25.37%. The company's EBITDA was $-284M, missing the average prediction of $89.1M by -419.04%. Hercules Capital's net income was $-217M, missing the average estimation of $81.3M by -367.28%. The company's SG&A was $4.83M, missing the average forecast of $8.01M by -39.75%. Lastly, the company's EPS was $-1.51, missing the average prediction of $0.504 by -399.59%