Hercules Capital, Inc.

HTGCNYSEFinancialsAsset Management

$16.37- (-)1Y −3.53%

As of Oct 16, 2026 close

Market cap: $3.32B
P/E (TTM): 8.68
Forward P/E: 5.78
Dividend yield: 11.28%
52-week range: $13.70$19.13
Volume (live): -
Avg. volume (3M): 1.19M

Hercules Capital, Inc. (HTGC) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Hercules Capital, Inc. stock.

Analyst Consensus Rating

Investment consensus from 6 professional research analysts

Consensus Rating

Buy

Based on 6 unique analysts

(7 total ratings in last 90 days)

Medium Confidence∞:1 Buy/Sell

Average Price Target

$17.80

+8.74% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest HTGC Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Sep 1, 2026	Douglas Harter	BTIG	Upgrades	Buy	$18.50
Jul 31, 2026	Paul Johnson	KBW	Maintains	Buy	$18.00
Jul 31, 2026	Christopher Nolan	Ladenburg Thalmann	Maintains	Buy	$21.00 → $20.00 −1.00 (−4.8%)
Jul 31, 2026	Crispin Love	Piper Sandler	Maintains	Hold	$17.00
Jul 25, 2026	Melissa Wedel	UBS	Initiates	Hold	$15.50
Jul 24, 2026	Melissa Wedel	UBS	Initiates	Hold	$15.50
Jul 22, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Hold	-

Douglas Harter

BTIG

BuyUpgrades

$18.50

Sep 1

Paul Johnson

KBW

BuyMaintains

$18.00

Jul 31

Christopher Nolan

Ladenburg Thalmann

BuyMaintains

$21.00 → $20.00

Jul 31

Crispin Love

Piper Sandler

HoldMaintains

$17.00

Jul 31

Melissa Wedel

UBS

HoldInitiates

$15.50

Jul 25

Melissa Wedel

UBS

HoldInitiates

$15.50

Jul 24

Zacks Equity Research

HoldInitiates Coverage

Jul 22

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Sep 1, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for HTGC?

The analyst consensus rating for HTGC is Buy, based on the latest ratings from 6 analysts over the last 90 days.

What is the average price target for HTGC?

The average 12-month price target for HTGC is $17.80, representing an upside of 8.7% from the Oct 16, 2026 close of $16.37.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.