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Horizon Technology Finance Corp has a consensus price target of $10.19 based on the ratings of 9 analysts. The high is $12.5 issued by Ladenburg Thalmann on April 11, 2023. The low is $9 issued by B. Riley Securities on August 1, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, Keefe, Bruyette & Woods, and UBS on August 1, 2024, August 1, 2024, and March 18, 2024, respectively. With an average price target of $9.5 between B. Riley Securities, Keefe, Bruyette & Woods, and UBS, there's an implied 2.37% upside for Horizon Technology Finance Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Horizon Tech Finance (NASDAQ:HRZN) was reported by B. Riley Securities on August 1, 2024. The analyst firm set a price target for $9.00 expecting HRZN to fall to within 12 months (a possible -3.02% downside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Horizon Tech Finance (NASDAQ:HRZN) was provided by B. Riley Securities, and Horizon Tech Finance reiterated their sell rating.
The last upgrade for Horizon Technology Finance Corp happened on September 27, 2023 when Compass Point raised their price target to $10.5. Compass Point previously had a sell for Horizon Technology Finance Corp.
The last downgrade for Horizon Technology Finance Corp happened on February 28, 2024 when Ladenburg Thalmann changed their price target from N/A to N/A for Horizon Technology Finance Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Horizon Tech Finance, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Horizon Tech Finance was filed on August 1, 2024 so you should expect the next rating to be made available sometime around August 1, 2025.
While ratings are subjective and will change, the latest Horizon Tech Finance (HRZN) rating was a reiterated with a price target of $10.00 to $9.00. The current price Horizon Tech Finance (HRZN) is trading at is $9.28, which is out of the analyst’s predicted range.
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