Hercules Capital Completes $350M Public Offering

Hercules Capital ( (HTGC) ) has issued an announcement.

On June 16, 2025, Hercules Capital, Inc. completed a public offering of $350 million in 6.000% Notes due 2030, which are unsecured and rank senior to subordinated debt. The company plans to use the proceeds to repay outstanding secured debt. Additionally, on June 10, 2025, Hercules Funding IV LLC, a subsidiary of Hercules Capital, amended its Loan and Security Agreement with MUFG Bank, increasing the facility size to $440 million and extending the maturity to 2029.

The most recent analyst rating on (HTGC) stock is a Hold with a $18.75 price target. To see the full list of analyst forecasts on Hercules Capital stock, see the HTGC Stock Forecast page.

Spark’s Take on HTGC Stock

According to Spark, TipRanks’ AI Analyst, HTGC is a Outperform.

Hercules Capital’s overall stock score reflects a mix of strengths and challenges. The company shows strong valuation with an attractive dividend yield and positive sentiment from recent earnings and corporate events. However, financial performance issues, particularly in revenue decline and cash flow, coupled with a weak technical outlook, temper the overall score.

To see Spark’s full report on HTGC stock, click here.

More about Hercules Capital

Hercules Capital, Inc. operates in the financial industry, primarily focusing on providing venture capital and private equity services. The company is known for offering debt and equity financing solutions to technology-related companies at various stages of development.

Average Trading Volume: 1,297,440

Technical Sentiment Signal: Buy

Current Market Cap: $3.15B

For detailed information about HTGC stock, go to TipRanks’ Stock Analysis page.