Horizon Technology Finance (NASDAQ:HRZN) Now Covered by B. Riley

B. Riley began coverage on shares of Horizon Technology Finance (NASDAQ:HRZN - Get Free Report) in a research note issued on Tuesday, MarketBeat Ratings reports. The firm set a "neutral" rating and a $7.00 price target on the investment management company's stock. B. Riley's price target would suggest a potential downside of 4.24% from the stock's current price. B. Riley also issued estimates for Horizon Technology Finance's Q2 2025 earnings at $0.28 EPS, Q3 2025 earnings at $0.27 EPS, Q4 2025 earnings at $0.29 EPS, FY2025 earnings at $1.11 EPS, Q1 2026 earnings at $0.26 EPS, Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.25 EPS, Q4 2026 earnings at $0.28 EPS and FY2026 earnings at $1.06 EPS.

Other equities analysts have also issued research reports about the stock. Keefe, Bruyette & Woods dropped their price objective on shares of Horizon Technology Finance from $8.00 to $7.50 and set an "underperform" rating on the stock in a report on Tuesday, April 8th. Compass Point lowered shares of Horizon Technology Finance from a "neutral" rating to a "sell" rating and set a $6.50 target price on the stock. in a report on Wednesday, April 30th. StockNews.com lowered shares of Horizon Technology Finance from a "hold" rating to a "sell" rating in a report on Thursday, February 20th. Maxim Group lowered their target price on shares of Horizon Technology Finance from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Monday, March 10th. Finally, UBS Group lowered their target price on shares of Horizon Technology Finance from $9.00 to $8.25 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $8.45.

Horizon Technology Finance Stock Performance

Shares of NASDAQ HRZN traded down $0.25 during trading on Tuesday, hitting $7.31. 822,559 shares of the company traded hands, compared to its average volume of 384,965. The business's fifty day moving average is $8.44 and its 200 day moving average is $9.01. Horizon Technology Finance has a fifty-two week low of $7.12 and a fifty-two week high of $12.63. The firm has a market capitalization of $295.00 million, a price-to-earnings ratio of -60.92 and a beta of 1.05.

Horizon Technology Finance (NASDAQ:HRZN - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The investment management company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.06). Horizon Technology Finance had a negative net margin of 3.69% and a positive return on equity of 15.78%. The company had revenue of $24.52 million for the quarter, compared to analyst estimates of $26.67 million. On average, analysts predict that Horizon Technology Finance will post 1.38 EPS for the current year.

Institutional Investors Weigh In On Horizon Technology Finance

A number of institutional investors have recently added to or reduced their stakes in HRZN. TrueMark Investments LLC bought a new stake in Horizon Technology Finance in the 4th quarter worth about $1,882,000. Marshall Wace LLP bought a new position in shares of Horizon Technology Finance during the 4th quarter valued at approximately $1,288,000. Trexquant Investment LP grew its position in shares of Horizon Technology Finance by 196.4% during the 4th quarter. Trexquant Investment LP now owns 198,451 shares of the investment management company's stock valued at $1,784,000 after acquiring an additional 131,505 shares during the period. Strategic Financial Concepts LLC bought a new position in shares of Horizon Technology Finance during the 4th quarter valued at approximately $788,000. Finally, Green Alpha Advisors LLC grew its position in shares of Horizon Technology Finance by 23.5% during the 1st quarter. Green Alpha Advisors LLC now owns 358,742 shares of the investment management company's stock valued at $3,379,000 after acquiring an additional 68,295 shares during the period. 4.94% of the stock is owned by institutional investors.

Horizon Technology Finance Company Profile

Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, cleantech and sustainability industries.