What Makes Hamilton Lane (HLNE) One of the Best Buy-the-Dip Stocks to Invest in

Hamilton Lane Inc. (NASDAQ:HLNE) is one of the 12 best buy-the-dip stocks to invest in now.

On May 22, Oppenheimer updated its outlook on Hamilton Lane Inc. (NASDAQ:HLNE) after reviewing the company’s fourth-quarter numbers and noting that its year-to-date performance dropped more than the S&P’s 8.5%. The firm maintained its Outperform rating on the shares and adjusted the price target from $171 to $179. This comes after the company continued to report an unbroken string of strong quarters.

Oppenheimer also highlighted that because of clean operational results, minor margin improvements, and over 21% growth in management fees, the company saw more than 23% year-over-year jump in non-GAAP EPS. The reported figures of $1.49 for non-GAAP EPS exceeded the consensus estimates of $1.43. The firm noted that clients were putting more capital into higher fee funds, which will continue to lift revenues over time. This makes it a notable mention in recent Hamilton Lane stock analysis.

On May 22, Brennan Hawken from BMO Capital decreased the target price for Hamilton Lane Inc. (NASDAQ:HLNE) from $108 to $102. The analyst upheld an Outperform rating on the shares, which still yields more than 23% upside despite the price target revision.

Hawken highlighted that Hamilton Lane’s fourth-quarter fee-related earnings surpassed expectations, driven by lower compensation expenses and higher performance revenue.

Hamilton Lane Inc. (NASDAQ:HLNE) specializes in investments in businesses across different lifecycle stages. These include early-stage startups, mature or distressed companies, and more. With a preference for controlling stake, it focuses on tech-enabled companies across unique segments such as healthcare, energy, real estate, and industrials.

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