Not a good buy right now for an impatient trader: the stock is already pushing into near-term resistance (R1 ~1.445) with RSI ~68.9, which limits immediate upside and raises pullback risk.
No Intellectia edge today: AI Stock Picker = no signal; SwingMax = no recent signal, so there isn’t a strong systematic “buy now” trigger.
Revenue is growing, but profitability/margins deteriorated materially in the latest quarter, reducing fundamental momentum.
With no recent news catalysts and neutral hedge/insider activity, there’s little to force a quick upside breakout from current levels.
Technical Analysis
Trend/structure: Price (~1.425) is above the pivot (1.393), suggesting mild bullish bias, but it’s close to resistance at R1 (1.445) and R2 (1.476).
MACD: Histogram is positive (0.00188) and expanding, supporting a continuing upward push.
RSI (6): 68.853 (upper-neutral/near-overbought), implying upside may be getting crowded short-term.
Moving averages: Converging, which often precedes a bigger move, but direction confirmation typically comes on a clean break above R1.
Key levels to watch: Support S1 1.342 then S2 1.31; Resistance R1 1.445 then R2 1.476.
Pattern-based projection: Similar-pattern analysis implies 70% chance of modest gains (+1.7% next day, +1.48% next week) and stronger 1-month potential (+8.35%), but near-term entry is less attractive because price is already near resistance.
Positive Catalysts
is positive (+9.13% YoY).
Neutral/Negative Catalysts
with elevated short-term RSI, reducing “buy right now” attractiveness for a quick trade.
Financial Performance
Latest quarter: 2025/Q3.
Revenue: $11.36M, +9.13% YoY (top-line growth).
Net income: $0.585M, -46.28% YoY (major profitability decline).
No analyst rating/price target change data was provided, so recent Wall Street upgrades/downgrades and target revisions cannot be assessed from the dataset.
Practical read-through given available info: fundamentals are mixed (revenue up, profits/margins down), which typically leads to a more cautious pro/con setup rather than a clear bullish consensus.
Wall Street analysts forecast HGBL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HGBL is 3.67 USD with a low forecast of 3 USD and a high forecast of 4 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast HGBL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HGBL is 3.67 USD with a low forecast of 3 USD and a high forecast of 4 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 1.370
Low
3
Averages
3.67
High
4
Current: 1.370
Low
3
Averages
3.67
High
4
Lake Street
Mark Argento
Strong Buy
Maintains
$5 → $4
AI Analysis
2025-03-14
Reason
Lake Street
Mark Argento
Price Target
$5 → $4
AI Analysis
2025-03-14
Maintains
Strong Buy
Reason
Lake Street analyst Mark Argento lowered the firm's price target on Heritage Global to $4 from $5 and keeps a Buy rating on the shares. Q4 was "a carbon copy of Q3, missing results," driven by "tepid" auction activity in the Industrial Asset business, the analyst tells investors in an earnings recap. IA activity should pick up, says the firm, which is setting estimates "conservatively, with chunkier deals presenting upside."
