Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
Horizon Technology Finance Corporation (HTFB)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: HTFB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
0 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
Analysis of Past Performance
Type Stock | Historic Profit 0.6% | Avg. Invested days 66 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 343.84M USD | Price to earnings Ratio 20.43 | 1Y Target Price - |
Price to earnings Ratio 20.43 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 1.17 | 52 Weeks Range 22.70 - 25.16 | Updated Date 06/29/2025 |
52 Weeks Range 22.70 - 25.16 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 5.18% | Basic EPS (TTM) 1.22 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -2.31% | Operating Margin (TTM) 84.56% |
Management Effectiveness
Return on Assets (TTM) 7.25% | Return on Equity (TTM) -0.77% |
Valuation
Trailing PE 20.43 | Forward PE - | Enterprise Value 1200283392 | Price to Sales(TTM) - |
Enterprise Value 1200283392 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
Horizon Technology Finance Corporation
Company Overview
History and Background
Horizon Technology Finance Corporation (HRZN) was founded in 2004 and went public in 2010. It focuses on lending to venture capital-backed companies in the technology, life science, healthcare information and services, and clean-tech industries.
Core Business Areas
- Venture Lending: Provides secured loans to venture capital-backed companies, primarily in the technology, life science, healthcare information and services, and clean-tech industries.
Leadership and Structure
Robert D. Pomeroy is the CEO. The company operates as a business development company (BDC).
Top Products and Market Share
Key Offerings
- Debt Financing: Provides debt financing, including term loans and equipment financing, to venture capital-backed companies. The market share is fragmented, with numerous BDCs and other lenders competing. Exact market share is difficult to pinpoint due to the private nature of many deals. Competitors include Ares Capital Corporation (ARCC), and Golub Capital BDC (GBDC).
Market Dynamics
Industry Overview
The venture lending market is driven by the need for growth capital among venture-backed companies. Interest rates, economic conditions, and the availability of venture capital funding all influence the market.
Positioning
Horizon Technology Finance Corporation focuses on the venture lending space, providing debt financing to companies that are often considered too risky for traditional lenders. 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 in the tens of billions of dollars annually. HRZN's position is significant, but they capture only a portion of the overall TAM. The exact figure depends on venture capital funding activity, company valuations, and interest rates at the time of the analysis.
Upturn SWOT Analysis
Strengths
- Specialized expertise in technology and life science lending
- Established relationships with venture capital firms
- Experienced management team
- Relatively high dividend yield
Weaknesses
- High concentration risk in the technology and life science sectors
- Sensitivity to interest rate changes
- Potential for credit losses due to the high-risk nature of borrowers
- External management structure which can be perceived as having a conflict of interest.
Opportunities
- Expanding the portfolio through strategic partnerships
- Capitalizing on the growing demand for venture debt
- Increasing investments in emerging technology sectors
- Potential for rising interest rates to increase net interest income
Threats
- Economic downturns impacting portfolio companies
- Increased competition from other lenders
- Changes in regulations affecting BDCs
- Decreases in venture capital funding
Competitors and Market Share
Key Competitors
- Ares Capital Corporation (ARCC)
- Golub Capital BDC (GBDC)
- Trinity Capital Inc. (TRIN)
Competitive Landscape
Horizon Technology Finance Corporation competes on industry expertise, relationship with venture firms, and speed of execution. Disadvantages include a smaller capital base compared to larger BDCs.
Growth Trajectory and Initiatives
Historical Growth: Horizon Technology Finance Corporation's growth has been tied to the venture capital market and the performance of its portfolio companies.
Future Projections: Future growth projections are based on analyst estimates, which are subject to change. Financial websites provide analyst estimates.
Recent Initiatives: Recent initiatives can be found in press releases and investor presentations on the company's website. These initiatives may include new investment strategies or partnerships.
Summary
Horizon Technology Finance Corporation is a niche lender focused on venture capital-backed companies in technology and life sciences. Its strengths are its expertise and relationships, while weaknesses include concentration risk and sensitivity to economic cycles. The company offers a high dividend yield, but investors should carefully consider the risks associated with its portfolio.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Company Investor Relations
- Financial News Articles
- Yahoo Finance
- Analyst Reports
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share estimates are approximate. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
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 Corporation
Exchange NYSE | Headquaters Farmington, CT, United States | ||
IPO Launch date 2021-04-07 | Chairman & CEO Mr. Robert D. Pomeroy Jr. | ||
Sector - | Industry - | 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.