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HLNE · NASDAQ · STOCK

Hamilton Lane (HLNE) Stock Analysis

Financial Services Updated September 22, 2026
$87.64
52W $71.88 – $155.66
63/100
$4.91B
13.3
1.20
AI Committee Verdict
Buy
63/100
Conviction: Contested · 50% agreement · 6 analysts
+6.4%
-3.6%
1.78:1
Contested

Is HLNE Bullish or Bearish?

Bullish. Innellis AI committee rates Hamilton Lane (HLNE) Buy with a composite score of 63/100 , based on 6 analysts with 50% agreement. Last updated September 22, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +11.67 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -8.33 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Technical Analyst remains cautious — rsi at 20 is in oversold territory (could mean either capitulation or a bounce setup). This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • ROE of 31.0% shows genuine earnings power backing the valuation — Value
  • 5 consecutive earnings beats -- consistent execution — Growth
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
  • News sentiment is positive (+0.50 across 8 articles, 14d) — News
Bear Case
  • Price-to-book of 6.1x prices in significant intangible value — Value
  • RSI at 20 is in oversold territory (could mean either capitulation or a bounce setup) — Technical
  • MACD histogram negative -- bearish momentum — Technical
  • Bollinger bandwidth of 28.0% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of September 22, 2026
Overall Committee Score
63/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 44%
of 211 Financial Services peers
Value Analyst neutral
59 / 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 31.0% shows genuine earnings power backing the valuation
− Price-to-book of 6.1x prices in significant intangible value
Growth Analyst bullish
77 / 100 · High confidence
Strong, accelerating growth with consistent execution
+ 5 consecutive earnings beats -- consistent execution
Technical Analyst bearish
38 / 100 · High confidence
Price action is deteriorating -- trend and/or momentum are working against this name
− RSI at 20 is in oversold territory (could mean either capitulation or a bounce setup)
Risk Analyst neutral
52 / 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
− Bollinger bandwidth of 28.0% signals elevated volatility
Macro Analyst bullish
80 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
74 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.50 across 8 articles, 14d)
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 4 existing position pair(s) are highly correlated already
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Investment Thesis Evolution

Committee score moved marginally from 60.8 to 63.3.

Analyst-level changes:
  • Macro Analyst: score 65->80 (+15); +1 bullish signal(s).
  • Portfolio Manager: score 45->55 (+10); +1 bearish signal(s).
  • Risk Analyst: +1 bearish signal(s).
  • Technical Analyst: +1 bearish signal(s).

Comparing 2026-09-21 to 2026-09-22 (1 day apart).

Technical Analysis

RSI (14)
19.5
Oversold
MACD Histogram
-2.021
Bearish Momentum
Trend Direction
Sideways
Weekly: Downtrend
Market Structure
Mixed
Support
$85.32
Resistance
$94.11
Bollinger %B
0.11
Inside Bands
Price vs Moving Averages
EMA 9
$92.45 Below
EMA 21
$96.27 Below
EMA 50
$95.70 Below
EMA 200
$103.78 Below

Fundamental Analysis

Valuation
88
Growth
95
Profitability
100
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 13.3×
P/B Ratio 3.93×
PEG Ratio 0.51
Dividend Yield 2.58%
52W High $155.66
52W Low $71.88
Quality & Growth
ROE 2722.6%
ROA 1081.1%
Gross Margin 6989.1%
Operating Margin 4362.2%
Revenue Growth YoY
Debt / Equity 0.39
AI Fundamental Assessment
P/E ratio of 13.3 (inexpensive relative to a 15-40x range); Price-to-book of 3.9x; PEG ratio of 0.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 27.2%; Return on assets of 10.8%; Net margin of 32.1%; Gross margin of 69.9%; Current ratio of 4.05 (healthy short-term liquidity); Debt-to-equity of 0.39; Free cash flow per share is positive (9.40); Most recent quarter beat estimates by 23.4%; 5 consecutive earnings beats; EPS growth accelerating (-3.9% -> +30.2% QoQ); Average YoY EPS growth of 48.1%; Analyst estimates rising over recent quarters
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