Hercules Capital, Inc. (HTGC)

Hercules Capital Stock Forecast

Stock Price Forecast

The 6 analysts that cover Hercules Capital stock have a consensus rating of "Buy" and an average price target of $18.67, which forecasts a 28.76% increase in the stock price over the next year. The lowest target is $15 and the highest is $24.

Price Target: $18.67 (+28.76%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$15	$18.67	$19	$24
Change	+3.45%	+28.76%	+31.03%	+65.52%

Analyst Ratings

The average analyst rating for Hercules Capital stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	0	1	1	1	1	1
Buy	6	6	6	6	4	3
Hold	2	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	7	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vilas Abraham UBS	UBS	Hold Maintains $20 → $15	Hold	Maintains	$20 → $15	+3.45%	Mar 13, 2026
Paul Johnson Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $20 → $19	Buy	Maintains	$20 → $19	+31.03%	Feb 13, 2026
Crispin Love Piper Sandler	Piper Sandler	Buy → Hold Downgrades $21 → $18	Buy → Hold	Downgrades	$21 → $18	+20.69%	Feb 13, 2026
Finian O'Shea Wells Fargo	Wells Fargo	Buy Maintains $18 → $17	Buy	Maintains	$18 → $17	+17.24%	Feb 13, 2026
Casey Alexander Compass Point	Compass Point	Hold → Strong Buy Upgrades $20	Hold → Strong Buy	Upgrades	$20	+34.48%	Nov 4, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

592.56M

Increased by 11.28%

from 532.49M

Revenue Next Year

621.19M

Increased by 4.83%

from 592.56M

EPS This Year

2.02

Increased by 9.04%

from 1.85

EPS Next Year

2.05

Increased by 1.57%

from 2.02

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	280.98M	321.69M	460.67M	493.59M	532.49M	592.56M	621.19M
Revenue Growth	-2.19%	14.49%	43.20%	7.15%	7.88%	11.28%	4.83%
EPS	1.49	0.79	2.31	1.61	1.85	2.02	2.05
EPS Growth	-25.87%	-46.98%	192.41%	-30.30%	15.17%	9.04%	1.57%
Forward PE	-	-	-	-	-	7.17	7.06
No. Analysts	-	-	-	-	-	11	11

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

Revenue Forecast

Revenue	2026	2027	2028
High	623.0M	661.0M
Avg	592.6M	621.2M
Low	553.4M	555.5M

Revenue Growth

Revenue Growth	2026	2027	2028
High	17.0%	11.5%
Avg	11.3%	4.8%
Low	3.9%	-6.3%

EPS Forecast

EPS	2026	2027	2028
High	2.32	2.37
Avg	2.02	2.05
Low	1.85	1.77

EPS Growth

EPS Growth	2026	2027	2028
High	25.1%	17.4%
Avg	9.0%	1.6%
Low	-0.1%	-12.3%

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.