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Hamilton Lane (HLNE) is back on investor radars after a mixed stretch in the share price, with recent returns over the month, past 3 months and year pulling back from earlier multi year gains.
See our latest analysis for Hamilton Lane.
At the latest share price of $122.76, Hamilton Lane’s recent 30 day share price return of a 19.65% decline and 1 year total shareholder return of a 20.21% decline point to fading momentum after stronger multi year gains, which may reflect shifting expectations around growth and risk.
If this pullback has you comparing options, it could be a suitable moment to broaden your search and check out 23 top founder-led companies as potential fresh ideas beyond Hamilton Lane.
With Hamilton Lane trading at $122.76 alongside an indicated intrinsic discount of about 33%, the key question is whether this recent slump has opened up a genuine opportunity or if the market already reflects its future growth.
Hamilton Lane’s fair value in the most followed narrative sits at $181.14 versus the latest close at $122.76. This puts a sizable gap between the model and the market and sets up a valuation story built on growth, margins and cash flows discounted at 7.91%.
Healthy pipeline/backlog in customized separate accounts and perpetual fundraising strategies creates forward visibility into recurring revenue streams and earnings growth, while the high unrealized carry balance (~$1.3 billion) points to potential for strong incentive fee income as more favorable macro conditions enable exits and crystallization of performance fees.
Read the complete narrative.
Curious what sits behind that confidence in future earnings power? This narrative leans heavily on rising fee income, expanding margins and a premium earnings multiple. Want to see exactly how those pieces stack up against the current price and discount rate assumptions? The full story spells out the numbers that support that $181.14 fair value.
Result: Fair Value of $181.14 (UNDERVALUED)
Have a read of the narrative in full and understand what’s behind the forecasts.
However, this hinges on fee growth and margins holding up. Heavier regulation or fee pressure could quickly challenge those earnings assumptions and the premium P/E embedded in the story.
Find out about the key risks to this Hamilton Lane narrative.










