Horizon Technology Finance Corporation (NASDAQ:HRZN) Receives $4.95 Average Target Price from Brokerages

05 Sep 2026, 09:00 by Sarita Garza · The Markets Daily

Horizon Technology Finance Corporation (NASDAQ:HRZN – Get Free Report) has received a consensus rating of “Hold” from the seven research firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $5.00.

A number of brokerages have commented on HRZN. Compass Point started coverage on Horizon Technology Finance in a research note on Thursday, August 27th. They issued a “buy” rating and a $5.50 price target on the stock. UBS Group increased their price objective on Horizon Technology Finance from $4.25 to $4.50 and gave the company a “neutral” rating in a research note on Tuesday. Keefe, Bruyette & Woods decreased their target price on shares of Horizon Technology Finance from $5.00 to $4.50 and set a “market perform” rating on the stock in a research note on Friday, August 21st. Weiss Ratings downgraded shares of Horizon Technology Finance from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, August 19th. Finally, Oppenheimer cut their price target on shares of Horizon Technology Finance from $6.00 to $5.00 and set a “market perform” rating on the stock in a report on Friday, August 7th.

Check Out Our Latest Research Report on HRZN

Horizon Technology Finance Stock Down 0.4%

Horizon Technology Finance stock opened at $4.84 on Monday. The firm has a fifty day simple moving average of $4.68 and a two-hundred day simple moving average of $4.60. Horizon Technology Finance has a twelve month low of $3.80 and a twelve month high of $6.98. The company has a market capitalization of $324.43 million, a PE ratio of 13.44 and a beta of 0.99.

Horizon Technology Finance (NASDAQ:HRZN – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The investment management company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). Horizon Technology Finance had a net margin of 5.27% and a return on equity of 11.15%. The company had revenue of ($44.66) million for the quarter, compared to the consensus estimate of $25.22 million. As a group, equities analysts expect that Horizon Technology Finance will post 0.63 earnings per share for the current fiscal year.

Horizon Technology Finance Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, November 17th will be issued a dividend of $0.06 per share. This represents a c) dividend on an annualized basis and a dividend yield of 14.9%. The ex-dividend date is Tuesday, November 17th. Horizon Technology Finance’s dividend payout ratio is currently 200.00%.

Insider Activity at Horizon Technology Finance

In other Horizon Technology Finance news, CEO Michael Balkin purchased 100,000 shares of the stock in a transaction on Tuesday, June 9th. The stock was acquired at an average price of $4.34 per share, with a total value of $434,000.00. Following the transaction, the chief executive officer directly owned 223,527 shares of the company’s stock, valued at approximately $970,107.18. This trade represents a 80.95% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Daniel Trolio purchased 11,500 shares of the stock in a transaction on Wednesday, June 10th. The shares were acquired at an average cost of $4.34 per share, with a total value of $49,910.00. Following the transaction, the chief financial officer directly owned 15,023 shares in the company, valued at $65,199.82. The trade was a 326.43% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 134,977 shares of company stock worth $585,975 over the last 90 days. 0.29% of the stock is owned by insiders.

Institutional Trading of Horizon Technology Finance

Several large investors have recently added to or reduced their stakes in HRZN. CANADA LIFE ASSURANCE Co raised its holdings in Horizon Technology Finance by 20.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 43,268 shares of the investment management company’s stock worth $312,000 after purchasing an additional 7,197 shares in the last quarter. Tower Research Capital LLC TRC purchased a new position in shares of Horizon Technology Finance during the second quarter valued at about $60,000. Ausdal Financial Partners Inc. bought a new position in Horizon Technology Finance in the second quarter worth about $54,000. Sanctuary Advisors LLC bought a new position in Horizon Technology Finance in the first quarter worth about $50,000. Finally, HRT Financial LP bought a new position in Horizon Technology Finance in the fourth quarter worth about $77,000. Institutional investors own 4.94% of the company’s stock.

About Horizon Technology Finance

(Get Free Report)

Horizon Technology Finance Corporation is a specialty finance company organized as a business development company (BDC) that provides private credit solutions to venture capital and private equity-backed technology, life science and healthcare companies. The firm targets companies at various stages of development, offering secured debt financing structures such as first‐lien and second‐lien loans, as well as equity co‐investment opportunities in select portfolio companies.