Horizon Technology Finance Corporation (HRZN) Fair Value 2026 — DCF & Multi-Method Analysis | EvidInvest | EvidInvest

HRZN — Fair Value Analysis

Horizon Technology Finance Corporation

Current: $5.05Fairly Valued

Fair Value Range

Bear Case (25th pct.)

$-6.98

-238.2% vs price

Base Case (Median)

$4.23

-16.2% vs price

Bull Case (75th pct.)

$5.96

18.0% vs price

$-6.98$4.23$5.96

◇ = Current price | |Bear |Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$-18.20	-460.3%	High (40%)
PE Comparable	$4.23	-16.2%	Medium (25%)
Graham Number	$7.70	52.4%	High (80%)

Interpretation

Based on 3 out of 8 methods, HRZN appears fairly valued at the current price of $5.05. The base case fair value of $4.23 implies 16.2% downside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.