Gladstone Capital

GLAD · NASDAQ

$18.47−$0.03 (−0.16%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $18.50

GLAD analyst rating

BuyConsensus of 3 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy3
Hold0
Underperform0
Sell0

12-month price target · 6 analysts

Average $22.69 (+22.9% upside)

Low: $22.22
Now: $18.47
High: $24.15

Upgrades and downgrades

The latest rating actions, newest first

GLAD analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
B. Riley Securities	Nov 19, 2025	Upgrade	Neutral → Buy	$27.00 → $22.00	0%
Oppenheimer	Nov 19, 2025	Upgrade	Perform → Outperform	$26.00 → $22.00	34%
Clear Street	Nov 19, 2025	Upgrade	Hold → Buy	$25.50 → $23.00	36%

The case for and against

Updated May 12, 2026

Bull case

Gladstone Cap is a strong investment opportunity due to its focus on providing stable income and long-term capital appreciation, demonstrated by its consistent earnings and strong ROE performance. Despite the end-market risk associated with lending to small companies, Gladstone has a solid track record of managing credit risk and has continued to earn strong profits through gains on its investments. With estimated ROE of 10% and a fair value calculation of $21.92/share, Gladstone is well positioned to outperform and provide positive returns to investors.

Bear case

Gladstone Cap is a closed-end investment company with a negative outlook due to the potential impact of rising long term rates, portfolio losses in key investments, and its heavy reliance on the capital markets for funding. Additionally, macroeconomic risks and potential interest rate fluctuations may negatively impact its overall credit environment, leading to declining dividend distributions and a declining stock price. This reflects potential challenges for Gladstone Cap in achieving its investment objectives and maintaining its current income and share value.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.