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HGBL Stock Forecast: Heritage Global, Inc. Price Predictions for 2026-2027

Last close, 5 Oct 2026
$1.30
+0.78% on the day

The 4 Wall Street analysts covering Heritage Global, Inc. hold a median 12-month price target of $2.5 — +92.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 69 of 100 as at 5 Oct 2026 — in the upper half.

Market cap
$44.7M
Ticker Nerd rank
69 / 100
Median analyst target
$2.50
Analysts covering
4
Revenue$12.3M−14.3% y/y
Operating income−$2.7M
Net income−$15.9M
Free cash flow$1.4M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−0.8%
1M
−4.4%
YTD
+4.8%
1Y
−18.8%
From 52W high
−19.3%
From 52W low
+27.5%
$1.02
$1.61
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

HGBL stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Heritage Global, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 5 Oct 2026
69 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
94
Volatility
91
Accruals
88
Size
83
Value
75
Momentum
42
Quality
36
Growth
30
Revisions
26

Issuance (94): The share count has been shrinking and the company is not leaning on new borrowing.

Revisions (26): Analysts have, on balance, been cutting their forecasts.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

HGBL stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on HGBL, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$1.00$1.50$2.00$2.50$3.00$3.50Jan 26Apr 26Jul 26Oct 26HGBLHigh $3.50Median $2.50Low $2.00

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says4 analysts
4 Buy0 Hold0 Sell
Low $2.00Median $2.50High $3.50

The green dot is the last close — the median target sits +92.3% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
14 Aug 2026Lake StreetMaintainsBuy$4.50 → $3.00
13 Mar 2026Lake StreetAssumesBuy$4.00 → $4.50
29 Jan 2026Freedom BrokerMaintainsBuy—
13 Nov 2025Freedom BrokerMaintainsBuy—
14 Mar 2025Lake StreetMaintainsBuy—
11 Aug 2023Lake StreetMaintainsBuy—
30 May 2023Craig-HallumInitiatesBuy—
7 Oct 2020Lake StreetInitiatesBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. HGBL appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

HGBL vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 5 Oct 2026, Heritage Global, Inc. returned −18.8% against +17.0% for the S&P 500, dividends included.

HGBL vs S&P 500, last 12 monthsTotal return, rebased to 100
60708090100110120Jan 26Apr 26Jul 26Oct 26HGBLS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

HGBL analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−369.1%
Analysts raising
0
Analysts cutting
0
Fundamentals

Heritage Global, Inc. (HGBL) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
12.1×

Cheaper than 52% of US stocks

Price / sales
0.9×

Cheaper than 70% of US stocks

Price / book
0.9×

Cheaper than 76% of US stocks

EV / EBITDA
74.6×

Cheaper than 3% of US stocks

Growth & margins
Revenue growth (YoY)
−14.3%

Higher than 13% of US stocks

Earnings growth (YoY)
−14.3%

Higher than 24% of US stocks

Gross margin
38.1%

Higher than 47% of US stocks

Operating margin
−22.3%

Higher than 21% of US stocks

Net margin
−29.6%

Higher than 13% of US stocks

Returns & dividend
Return on equity
−24.3%

Higher than 30% of US stocks

Return on assets
−0.1%

Higher than 43% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Heritage Global, Inc. (HGBL) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Heritage Global, Inc. has a market value of $44.7M and an enterprise value of $36.9M.

  • Revenue in the twelve months to 30 June 2026: $48.2M. The latest quarter shrank 14.3% year on year.

  • Net income over the same four quarters: −$14.3M, a −29.6% net margin.

  • Free cash flow in the twelve months to 30 June 2026: −$1.1M.

  • Heritage Global, Inc. spent $275K on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 34.6M.

  • Trailing P/E: 12.1×; forward P/E: 8.3× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Heritage Global, Inc. employs 84 people — $574K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 6 Oct 2026

Data provided by Twelve Data

Peers

HGBL vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelCapital Markets
CompanyMarket capTKN rank
HGBLHeritage Global, Inc.$44.7M
69
PLUTPlutus Financial Group Ltd.$41.7M
9
AUREAurelion, Inc.$41.4M
12
DOMHDominari Holdings, Inc.$50.9M
41
MATHMetalpha Technology Holding Ltd.$51.4M
36
VIPVulcan Infrastructure & Power, Inc.$54.1M
35
MEGLMagic Empire Global Ltd.$55.5M
56

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Heritage Global, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest HGBL news & analysis

Heritage Global, Inc. to Announce Third Quarter 2026 Results and Host Webcast on Thursday, November 5, 2026

Business Wire · 5 Oct 2026neutral

Heritage Global, Inc. announced it will release its third quarter 2026 financial results after market close on Thursday, November 5, 2026. Management will host a webcast and conference call at 5:00 p.m. ET that day to discuss the results.

Why it matters — A Heritage Global watcher would care because the scheduled results release and earnings call provide the upcoming opportunity to review the company's third quarter financial performance.

Heritage Global Partners to Conduct Two Massive Online Auctions of Wren Manufacturing's Pennsylvania Plants

Business Wire · 31 Aug 2026positive

Heritage Global Partners, a subsidiary of Heritage Global Inc., will conduct two online auctions of cabinet manufacturing, woodworking, and stone fabrication equipment formerly used by Wren Manufacturing at its Pennsylvania plants in Wilkes-Barre. The sales are being conducted by order of the U.S. Bankruptcy Court.

Why it matters — The auctions represent new asset-disposition business for HGBL's auction and advisory subsidiary.

Heritage Global Inc. (HGBL) Q2 2026 Earnings Call Transcript

Seeking Alpha · 13 Aug 2026neutral

Heritage Global Inc. (HGBL) held its Q2 2026 earnings conference call, and Seeking Alpha published the transcript of that call.

Why it matters — Investors and analysts monitoring HGBL can review the full transcript to assess management's commentary on second-quarter financial results and operational performance.

Heritage Global Inc. Reports Second Quarter 2026 Results

Business Wire · 13 Aug 2026neutral

Heritage Global Inc. reported its financial results for the second quarter and six months ended June 30, 2026, providing an unaudited summary of key financial figures for the periods.

Why it matters — The report offers a periodic update on the company's financial performance, which is relevant for tracking Heritage Global's operational results.

Heritage Global Expands Into Seller and Carryback Notes With Acquisition of Boston Note Company

Business Wire · 3 Aug 2026positive

Heritage Global's Financial Assets division has acquired Boston Note Company, a nationwide broker and buyer of privately held seller and carry-back notes. The acquisition expands Heritage Global's operations into the seller and carryback notes market.

Why it matters — The acquisition broadens Heritage Global's financial asset capabilities into a new segment of the private note market, potentially expanding its revenue base.

FAQ

Frequently asked questions about HGBL stock

What is the HGBL stock price forecast for 2026-2027?

The 4 Wall Street analysts covering Heritage Global, Inc. have a median 12-month price target of $2.5, with estimates ranging from $2 to $3.5. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is HGBL stock a buy right now?

Of the 4 analysts covering Heritage Global, Inc., 4 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Heritage Global, Inc. 69 out of 100 across roughly 4,600 US stocks as at 5 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank HGBL?

As at 5 Oct 2026, Heritage Global, Inc. ranks 69 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (94 of 100).

Will HGBL stock go up?

No one can know that. What the data says: the median 12-month target from 4 analysts implies +92.3% from the last close, and Ticker Nerd's factor model ranks Heritage Global, Inc. 69 out of 100 as at 5 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the HGBL stock forecast for 2030?

No analyst covering Heritage Global, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for HGBL are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $2 to $3.5 over the next 12 months.

How has HGBL stock performed over the past year?

Heritage Global, Inc. returned -18.8% over the 12 months to 5 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Heritage Global, Inc. do?

Heritage Global Inc. is an asset services company that focuses on valuing, acquiring, and monetizing industrial and financial assets.

What is the latest news on HGBL?

The most recent item we track (Business Wire, 5 Oct 2026): "Heritage Global, Inc. to Announce Third Quarter 2026 Results and Host Webcast on Thursday, November 5, 2026". Heritage Global, Inc. announced it will release its third quarter 2026 financial results after market close on Thursday, November 5, 2026. Management will host a webcast and conference call at 5:00 p.m. ET that day to discuss the results.

Company

About Heritage Global, Inc.

Heritage Global Inc. is an asset services company that focuses on valuing, acquiring, and monetizing industrial and financial assets. Through its industrial and financial asset businesses, the company provides auction, liquidation, brokerage, refurbishment, valuation, and secured lending services for surplus and distressed assets. Its work includes handling manufacturing facilities, used industrial machinery, equipment, inventories, commercial assets, and charged-off receivable portfolios. Heritage Global Inc. also supports clients with asset advisory and disposition solutions designed to recover value from specialized asset pools. The company serves businesses, financial institutions, and investors that need efficient solutions for complex asset transactions. Based in San Diego, California, Heritage Global Inc. plays a niche role in the market by connecting buyers and sellers of hard-to-value assets across industrial and financial segments.

CEO Mr. Ross M. Dove · 84 employees · United States · https://hginc.com