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Houlihan Lokey, Inc.

HLI

Last
$130.16
Day
+3.7%
1y
-33.9%
5y
+32.3%
52w
-38.5%
SPY YTD
+13.3%
XLF
-1.3%
Earnings
2026-10-2919d
EMA 21
128.65
EMA 50
131.17
EMA 200
145.88
20d high
-10.2%
5y high
-40.7%
5y range
37th
Website · 2,800 employees · United States

Positions held

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Score
-30
Hold
avoid
Signal
Strong Sell
Target
$133.00
Stop
$119.31
Stop distance
8.3%
Target vs last
+2.2%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Houlihan Lokey operates in a competitive capital markets industry, leveraging its strong reputation and expertise to attract clients and maintain market share.
  • The company has a target mean price of $153.625, indicating potential upside from its current trading levels.
  • Despite recent revenue declines, Houlihan Lokey's gross margin remains strong at 38.6%.
Bear case
  • The financial services sector is currently facing challenges, with Houlihan Lokey experiencing a significant revenue decline of 20% compared to the prior quarter.
  • The company's score indicates a 'Strong Sell' signal, with a score of -30.00 reflecting negative market sentiment.
  • Operating margin has compressed to 18%, down from 22.5% in the previous quarter, indicating operational challenges.

Fundamentals

Market cap$8.77BEnterprise value$8.63BTrailing P/E21.06Forward P/E14.54
PEG—Price / book3.89Beta1.01Dividend yield2.23%
Revenue growth-15.5%Earnings growth-19.0%Gross margin94.1%Operating margin18.4%
Profit margin16.1%ROE17.8%ROA11.2%Debt / equity0.21
Current ratio1.66Free cash flow—Analyst recommendationbuyMean target$152.63
52w high$204.1852w low$112.83

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$511M$636M$717M$659M$605M
Op margin18.0%22.5%24.9%25.6%21.3%
Net income$78.0M$99.8M$117M$112M$98.0M
Gross margin38.6%38.5%38.5%38.5%38.5%
Gross profit$197M$245M$276M$254M$233M
Operating income$92.0M$143M$178M$169M$129M
  • Revenue -20% vs prior quarter ($511M vs $636M).
  • Gross margin 38.6% (was 38.5% prior quarter).
  • Operating margin compressed to 18%.

Yearly (6y)

2026202520242023
Revenue$2.6B$2.4B$1.9B$1.8B
Op margin23.6%23.3%20.8%20.8%
Net income$426M$400M$280M$254M
Gross margin38.5%38.5%38.5%38.5%
Gross profit$1.0B$920M$737M$697M
Operating income$619M$556M$399M$377M
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

HLI · daily-4.2% over 13 sessions
Close EMA21 EMA50 EMA200
121.21124.94128.67132.40136.132026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$179M$359M$538M$717M0%19%39%2025-Q22025-Q32025-Q42026-Q12026-Q2