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Horizon Technology ( (HRZN) ) has provided an update.
On September 4, 2025, Horizon Technology Finance Corporation announced the issuance and sale of $40 million in 5.50% Convertible Notes due 2030, raising approximately $36.6 million in net proceeds. The company plans to use these funds for general corporate purposes, potentially including paying down existing debt. The Convertible Notes, which mature on September 4, 2030, bear interest at 5.50% per annum and are unsecured obligations of the company. They offer holders the option to convert them into shares of common stock under specific conditions, with certain restrictions on conversion rights to prevent excessive ownership concentration.
The most recent analyst rating on (HRZN) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Horizon Technology stock, see the HRZN Stock Forecast page.
Spark’s Take on HRZN Stock
According to Spark, TipRanks’ AI Analyst, HRZN is a Neutral.
The overall score reflects a complex picture for Horizon Technology. Strong recovery in revenue and reduction in debt are positive, but historical volatility and operational inefficiencies remain significant concerns. Technical indicators suggest bearish momentum, and the negative P/E ratio indicates profitability challenges. The earnings call provided a cautiously optimistic outlook, supported by strong liquidity and portfolio yields, but macroeconomic uncertainties continue to pose risks.
To see Spark’s full report on HRZN stock, click here.
More about Horizon Technology
Average Trading Volume: 553,097
Technical Sentiment Signal: Sell
See more insights into HRZN stock on TipRanks’ Stock Analysis page.