Heritage Global Inc. (HGBL)

Heritage Global Stock Forecast

Stock Price Forecast

The 2 analysts that cover Heritage Global stock have a consensus rating of "Strong Buy" and an average price target of $3.85, which forecasts a 169.23% increase in the stock price over the next year. The lowest target is $3.20 and the highest is $4.50.

Price Target: $3.85 (+169.23%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$3.20	$3.85	$4.50	$4.50
Change	+123.78%	+169.23%	+214.69%	+214.69%

* Price targets were last updated on Mar 13, 2026.

Analyst Ratings

The average analyst rating for Heritage Global stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	2	2	2	2	3	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	3	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jacob Stephen Lake Street	Lake Street	Strong Buy Initiates $4 → $4.5	Strong Buy	Initiates	$4 → $4.5	+214.69%	Mar 13, 2026
Mikhail Paramonov Freedom Broker	Freedom Broker	Strong Buy Maintains $3 → $3.2	Strong Buy	Maintains	$3 → $3.2	+123.78%	Jan 29, 2026
Mikhail Paramonov Freedom Broker	Freedom Broker	Strong Buy Maintains $3.1 → $3	Strong Buy	Maintains	$3.1 → $3	+109.79%	Nov 13, 2025
Mikhail Paramonov Freedom Broker	Freedom Broker	Strong Buy Initiates $3.1	Strong Buy	Initiates	$3.1	+116.78%	Sep 5, 2025
Mark Argento Lake Street	Lake Street	Strong Buy Maintains $5 → $4	Strong Buy	Maintains	$5 → $4	+179.72%	Mar 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

57.05M

Increased by 11.92%

from 50.98M

Revenue Next Year

64.77M

Increased by 13.52%

from 57.05M

EPS This Year

0.15

Increased by 53.00%

from 0.10

EPS Next Year

0.23

Increased by 53.33%

from 0.15

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	25.79M	46.91M	60.55M	45.36M	50.98M	57.05M	64.77M
Revenue Growth	-1.49%	81.89%	29.05%	-25.08%	12.38%	11.92%	13.52%
EPS	0.08	0.42	0.33	0.14	0.10	0.15	0.23
EPS Growth	-73.33%	425.01%	-21.43%	-57.58%	-28.57%	53.00%	53.33%
Forward PE	-	-	-	-	-	9.35	6.10
No. Analysts	-	-	-	-	-	6	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029
High	62.1M	66.7M
Avg	57.1M	64.8M
Low	51.7M	62.2M

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	21.7%	16.9%
Avg	11.9%	13.5%
Low	1.4%	9.1%

EPS Forecast

EPS	2026	2027	2028	2029
High	0.19	0.24
Avg	0.15	0.23
Low	0.12	0.23

EPS Growth

EPS Growth	2026	2027	2028	2029
High	89.0%	57.8%
Avg	53.0%	53.3%
Low	17.6%	47.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.