UBS Trims Houlihan Lokey (HLI) Target as Firm Enters Fiscal 2027 with Cautious Outlook

Houlihan Lokey, Inc. (NYSE:HLI) is included among the 10 Best Stocks to Buy Now for a $1 Million Portfolio.

UBS Trims Houlihan Lokey (HLI) Target as Firm Enters Fiscal 2027 with Cautious Outlook

On May 7, UBS lowered its price recommendation on Houlihan Lokey, Inc. (NYSE:HLI) to $160 from $163. It reiterated a Neutral rating on the shares.

The move came a day after Houlihan Lokey reported earnings for fiscal 2026, which ended March 31, 2026. The company said annual revenue rose to $2.62 billion, up from $2.39 billion in the prior year. Chief Executive Officer Scott Adelson said fiscal 2026 turned into another record year for the firm despite a difficult external backdrop. He said the performance reflected the strength and diversification of Houlihan Lokey’s business model. Adelson also pointed to some uncertainty heading into fiscal 2027. Even so, he said the company remained optimistic about the outlook for all three of its business segments.

Looking at the segment results, Corporate Finance revenue increased 14% from fiscal 2025. Financial Restructuring revenue slipped 3%, while Financial and Valuation Advisory revenue climbed 8%.

Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank that focuses on mergers and acquisitions, capital solutions, financial restructuring, and valuation advisory services. The company operates through three business segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.

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