Hercules Capital (HTGC) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.47
- Estimate
- $0.48
- Surprise
- -1.9%
- Revenue (period 2026-09-30)
- $134.2M
- Score at report (before → after)
- 6.6 → 6.5/10
Revenue source: xbrl.
How the report landed
Hercules Capital (HTGC) missed the $0.48 estimate with adjusted EPS of $0.47 — a modest 1.9% shortfall. TrendMatrix's engine moved from Buy (Wait) (6.6/10) to Hold at 6.5/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates HTGC Sell at 6.7/10.
2 of the last 4 quarters beat the estimate; this quarter's -1.9% surprise compares with a +0.0% four-quarter average. Next scheduled report: 2027-02-11.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Attractive valuation
What argues against it
- Analyst target reached - limited upside remaining
- Leverage penalty (D/E 1.0): -0.5
- Consecutive earnings misses (2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $16.59
- Price target
- $16.96
- Stop
- $15.99
- Upside to target
- +2.2%
- Reward-to-risk
- 0.5:1
At 8.9× trailing and 8.4× forward earnings, consensus estimates imply little change in earnings power.
Risk check: trading volume is running 2.0× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-31 — shown for context, not personalized investment advice.
HTGC at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Asset Management
- Market cap
- $3.11B
- P/E (fwd)
- 8.4
- P/E (ttm)
- 8.9
- 52-week range
- $13.70–$19.13
- Off 52-week high
- 13.3%
- RSI (14)
- 51
- Volume vs avg
- 2.03×
- Score today
- 6.7/10