Hercules Capital (HTGC) Q2 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
Key numbers
- Reported EPS
- $0.50
- Estimate
- $0.49
- Surprise
- +2.8%
- Revenue (period 2026-06-30)
- $138.0M
- Score at report (before → after)
- 6.3 → 6.1/10
Revenue source: xbrl.
How the report landed
Hercules Capital (HTGC) beat the $0.49 estimate with diluted EPS of $0.50 — a modest 2.8% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.3/10) to Hold at 6.1/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates HTGC Hold at 6.5/10.
3 of the last 4 quarters beat the estimate; this quarter's +2.8% surprise compares with a +0.9% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Strong earnings beat streak (3/4)
What argues against it
- Analyst target reached - limited upside remaining
- Leverage penalty (D/E 1.0): -0.5
- Target reached (-2.8% upside)
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
- $17.36
- Price target
- $20.02
- Stop
- $16.83
- Upside to target
- +15.3%
At 8.6× trailing and 8.9× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — 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
- $3.26B
- P/E (fwd)
- 8.9
- P/E (ttm)
- 8.6
- 52-week range
- $13.70–$19.55
- Off 52-week high
- 11.2%
- RSI (14)
- 60
- Volume vs avg
- 0.55×
- Score today
- 6.5/10