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Upturn AI SWOT - About
Horizon Technology Finance (HRZN)
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Upturn Advisory Summary
04/01/2025: HRZN (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -34.14% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 379.77M USD | Price to earnings Ratio - | 1Y Target Price 9.04 |
Price to earnings Ratio - | 1Y Target Price 9.04 | ||
Volume (30-day avg) 330178 | Beta 1.18 | 52 Weeks Range 8.17 - 11.45 | Updated Date 04/2/2025 |
52 Weeks Range 8.17 - 11.45 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 13.94% | Basic EPS (TTM) -0.16 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -5.64% | Operating Margin (TTM) 80.71% |
Management Effectiveness
Return on Assets (TTM) 6.27% | Return on Equity (TTM) -1.71% |
Valuation
Trailing PE - | Forward PE 7.17 | Enterprise Value 779423104 | Price to Sales(TTM) 3.8 |
Enterprise Value 779423104 | Price to Sales(TTM) 3.8 | ||
Enterprise Value to Revenue 503.67 | Enterprise Value to EBITDA 13.46 | Shares Outstanding 40315000 | Shares Floating - |
Shares Outstanding 40315000 | Shares Floating - | ||
Percent Insiders 1.32 | Percent Institutions 8.89 |
Analyst Ratings
Rating 2.75 | Target Price 9.79 | Buy 1 | Strong Buy - |
Buy 1 | Strong Buy - | ||
Hold 5 | Sell 1 | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Horizon Technology Finance
Company Overview
History and Background
Horizon Technology Finance was founded in 2004. It is a specialty finance company that provides capital to technology, life science, healthcare information and services, and cleantech companies.
Core Business Areas
- Venture Lending: Provides secured loans to venture capital-backed companies in technology, life science, healthcare information and services, and clean technology industries.
Leadership and Structure
Robert Pomeroy serves as Chairman and Chief Executive Officer. The company operates with a team of investment professionals and support staff.
Top Products and Market Share
Key Offerings
- Senior Secured Loans: Provides debt financing to venture capital-backed companies. Market share data specific to Horizon's lending niche is difficult to obtain precisely, but they are a significant player in the venture debt market. Competitors include Ares Capital, Golub Capital, and Hercules Capital.
Market Dynamics
Industry Overview
The venture debt market is driven by the funding needs of growth-stage companies, particularly in the technology and life sciences sectors. Demand fluctuates with VC funding activity and macroeconomic conditions.
Positioning
Horizon is a specialized lender focused on providing debt capital to companies backed by venture capital firms. Their competitive advantage lies in their industry expertise and established relationships with venture capital firms.
Total Addressable Market (TAM)
The TAM for venture debt is estimated to be in the billions of dollars annually. Horizon is positioned to capture a portion of this market through its specialized focus and established presence.
Upturn SWOT Analysis
Strengths
- Industry Expertise
- Strong Relationships with Venture Capital Firms
- Experienced Management Team
- Established Track Record
- Specialized Lending Focus
Weaknesses
- Reliance on Venture Capital Funding for Borrowers
- Interest Rate Sensitivity
- Credit Risk Associated with Lending to Growth-Stage Companies
- Small Market Capitalization Compared to Larger Lenders
Opportunities
- Expanding Market for Venture Debt
- Increasing Demand from Technology and Life Science Companies
- Strategic Partnerships
- Expansion into New Geographies
- Diversification of Funding Sources
Threats
- Economic Downturn
- Increased Competition
- Changes in Regulatory Environment
- Rising Interest Rates
- Decline in Venture Capital Funding
Competitors and Market Share
Key Competitors
- Ares Capital (ARCC)
- Golub Capital BDC (GBDC)
- Hercules Capital (HTGC)
Competitive Landscape
Horizon is a smaller player compared to Ares Capital and Golub Capital but competes effectively in its niche. Hercules Capital is a more direct competitor.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been influenced by venture capital funding trends and their ability to deploy capital effectively.
Future Projections: Future growth is dependent on the demand for venture debt and their ability to maintain their competitive position.
Recent Initiatives: Consult press releases from the last year for recent strategic initiatives.
Summary
Horizon Technology Finance is a specialty finance company focused on venture debt lending. They have a strong presence in the technology and life sciences sectors. While reliant on venture capital funding, they benefit from industry expertise and established relationships. Potential challenges include economic downturns and increased competition.
Similar Companies
ARCC
Ares Capital Corporation
ARCC
Ares Capital Corporation
GBDC
Golub Capital BDC Inc
GBDC
Golub Capital BDC Inc
HTGC
Hercules Capital Inc
HTGC
Hercules Capital Inc
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Company Website
- Financial News Outlets
- Market Research Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a financial professional. Market share numbers are estimates and may not be exact.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Horizon Technology Finance
Exchange NASDAQ | Headquaters Farmington, CT, United States | ||
IPO Launch date 2010-10-29 | Chairman & CEO Mr. Robert D. Pomeroy Jr. | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, cleantech and sustainability industries. It seeks to invest in companies in the United States.
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