This article first appeared on GuruFocus.
Horizon Technology Finance Corp (NASDAQ:HRZN) is set to release its Q3 2025 earnings on Oct 29, 2025. The consensus estimate for Q3 2025 revenue is $24.06 million, and the earnings are expected to come in at $0.28 per share. The full year 2025’s revenue is expected to be $97.84 million and the earnings are expected to be $-0.30 per share. More detailed estimate data can be found on the Forecast page.
Over the past 90 days, revenue estimates for Horizon Technology Finance Corp (NASDAQ:HRZN) have declined from $99.34 million to $97.84 million for the full year 2025, while for 2026, they have increased from $103.74 million to $107.24 million. Earnings estimates have declined from $0.32 per share to $-0.30 per share for the full year 2025 and from $1.13 per share to $1.01 per share for 2026.
In the previous quarter ending on 2025-06-30, Horizon Technology Finance Corp’s (NASDAQ:HRZN) actual revenue was $24.52 million, which missed analysts’ revenue expectations of $24.54 million by -0.07%. The actual earnings were $-0.50 per share, which missed analysts’ earnings expectations of $0.28 per share by -278.57%. After releasing the results, Horizon Technology Finance Corp (NASDAQ:HRZN) was down by -3.24% in one day.
Based on the one-year price targets offered by 6 analysts, the average target price for Horizon Technology Finance Corp (NASDAQ:HRZN) is $6.63, with a high estimate of $7.50 and a low estimate of $6.00. The average target implies an upside of 9.14% from the current price of $6.07.
Based on GuruFocus estimates, the estimated GF Value for Horizon Technology Finance Corp (NASDAQ:HRZN) in one year is $0, suggesting a downside of -100% from the current price of $6.07.
Based on the consensus recommendation from 7 brokerage firms, Horizon Technology Finance Corp’s (NASDAQ:HRZN) average brokerage recommendation is currently 3.0, indicating a “Hold” status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.
















