# Horizon Technology Finance share price today (Horizon Technology Finance Corporation, HRZN)

> Horizon Technology Finance Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. HRZN · Financials · Asset Management · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/hrzn

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## Key numbers

- Price: $3.86 (−40.4% in a year)
- P/BV: 0.6× (lower than 86% of the last 1 year)
- Revenue (Jun 2026): $25.0 M (+2.1% on a year ago)
- Profit (Jun 2026): −$37.3 M
- Net margin: −148.8% (−64.1 points on a year ago)
- ROE: 1%, FY25

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Horizon Technology Finance share price today? Horizon Technology Finance Corporation's share price was $3.86 at the close on 3 November 2026. That is 18.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $4 and $7, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 7 weeks running. Over the last 1 year the share price moved −53% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 18 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Horizon Technology Finance pay? Horizon Technology Finance Corporation paid $1.12 per share over the last four reported quarters. The most recent declaration was $0.18 for Jun 2026. At today's price of $3.86 that is a yield of 29.02%, based on dividends already paid, not a forecast. ## Which stock lists is Horizon Technology Finance on? Horizon Technology Finance is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Horizon Technology Finance profitable? Horizon Technology Finance Corporation posted a net loss of $37.3 M in the Jun 2026 quarter. The full FY25 year was a loss of $2.7 M. That loss is 148.8% of the quarter's revenue. The same quarter a year earlier lost $20.8 M. 7 of the last 12 reported quarters were loss-making. ## How much revenue does Horizon Technology Finance make, and is it growing? Horizon Technology Finance Corporation reported $25.0 M of income in the Jun 2026 quarter, +2.1% on the same quarter a year earlier. Over 4 years it has grown 12.5% a year on average. The last full year, FY25, came in at $96.0 M. The last four reported quarters add to $96.1 M. FY25 revenue was $96.0 M, −3.9% on the year before. Recent pace: the last four quarters grew −1.2% on average, against 12.5% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −1.1%, against −6.2% a year over the last 8 quarters (accelerating). ## How much does Horizon Technology Finance keep from what it earns? Horizon Technology Finance Corporation's net margin was −148.8% in the Jun 2026 quarter, 64.1 percentage points lower than the same quarter a year ago. Across 5 years it has been between −15.1% and 46.3%. The latest quarter is below every full year in that period. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Horizon Technology Finance's loans have gone bad? Horizon Technology Finance Corporation does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Horizon Technology Finance's loan book growing? Horizon Technology Finance Corporation's revenue was $96.0 M in FY25, −3.9% on the year before, so the loan book is not growing. The latest quarter was +2.1% on a year earlier. The net margin on that income is −148.8%, −64.1 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is Horizon Technology Finance's P/BV ratio, and how does it compare with its own history? Horizon Technology Finance Corporation's P/BV is 0.6×, near the low end of its own history: it has been lower only 14% of the time. Its usual P/BV (the middle reading) is 0.8×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about 1% a year on its equity. A lender that earns less on its net worth is valued lower for each dollar of it, and that gap usually closes only if returns improve. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. ## Is the Horizon Technology Finance business getting better or worse? Horizon Technology Finance Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Horizon Technology Finance earn on its equity and assets? Horizon Technology Finance Corporation earned a return on equity of −1% in FY25. Its lowest yearly reading on file was −5% in FY23. On its assets, every $100 earned about $6.08, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is. Why: the ROE chart shows the move, but the deposit-cost and bad-loan details behind it are not in our data. ## Does Horizon Technology Finance have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Horizon Technology Finance shareholding pattern? We have no ownership or short-position figures for Horizon Technology Finance Corporation, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 7.1 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Horizon Technology Finance from balance-sheet trouble? For Horizon Technology Finance Corporation, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Horizon Technology Finance rank in its industry? There is no score against its industry: Horizon Technology Finance Corporation is not among the largest members shown in this industry comparison for Asset Management. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Horizon Technology Finance compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Horizon Technology Finance in size? Horizon Technology Finance is the 82nd largest of 90 Asset Management companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: CION Investment Corporation, Kingsway Corporation and Runway Growth Finance Corp. Just below it: Saratoga Investment Corp., Chicago Atlantic BDC, Inc. and Eagle Point Income Company Inc. ### Asset Management companies close in size

1. [CION Investment Corporation](https://www.sectoralpha.in/us/stocks/cion) $336 million
2. [Kingsway Corporation](https://www.sectoralpha.in/us/stocks/kwy) $284 million
3. [Runway Growth Finance Corp.](https://www.sectoralpha.in/us/stocks/rway) $271 million
4. Horizon Technology Finance Corporation $259 million
5. [Saratoga Investment Corp.](https://www.sectoralpha.in/us/stocks/sar) $212 million
6. [Chicago Atlantic BDC, Inc.](https://www.sectoralpha.in/us/stocks/lien) $208 million
7. [Eagle Point Income Company Inc.](https://www.sectoralpha.in/us/stocks/eic) $204 million

[All 90 Asset Management companies, largest first](https://www.sectoralpha.in/us/sectors/asset-management#all-companies)

### Companies close in size in other industries

1. [Runway Growth Finance Corp.](https://www.sectoralpha.in/us/stocks/rway) $273 million · Asset Management
2. [ThredUp Inc.](https://www.sectoralpha.in/us/stocks/tdup) $273 million · Internet Retail
3. Horizon Technology Finance Corporation $273 million
4. [Ranpak Holdings Corp.](https://www.sectoralpha.in/us/stocks/pack) $273 million · Packaging & Containers
5. [Dave & Buster's Entertainment, Inc.](https://www.sectoralpha.in/us/stocks/play) $273 million · Entertainment

## What else do people ask about Horizon Technology Finance? ### What were Horizon Technology Finance's latest quarterly results? Horizon Technology Finance Corporation reported total income of $25.0 M and a net loss of $37.3 M for the Jun 2026 quarter. Earnings per share were −$0.57. The net margin was −148.8%, 64.1 percentage points lower than a year earlier (as of 3 November 2026). ### What is Horizon Technology Finance's market cap? Horizon Technology Finance Corporation's market capitalisation is $259 M at a stock price of $3.86. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Horizon Technology Finance performing? Horizon Technology Finance Corporation's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 7 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Horizon Technology Finance's stock price go up? This page does not forecast Horizon Technology Finance Corporation's stock price. What it shows instead: the stock price is $3.86. Its P/BV of 0.6× is higher than 14% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Horizon Technology Finance in its business cycle? Horizon Technology Finance Corporation's FY25 net margin was −2.8%, against a 5-year range of −15.1% to 46.3%: the low end of its own range, which is often where recoveries start. The latest quarter was −148.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Horizon Technology Finance story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Horizon Technology Finance a stock worth studying right now? What the numbers show: Horizon Technology Finance Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.