# Saratoga Investment (SAR) — Analyst Forecast

SAR · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/sar/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Hold | 1 | 6 | 0 | 7 |

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 8, 2026 | B. Riley Securities | Maintained | Neutral | $20.00 |
| Jul 9, 2026 | Oppenheimer | Maintained | Perform | $21.00 |
| Jul 9, 2026 | B. Riley Securities | Maintained | Neutral | $22.00 |
| Oct 16, 2025 | B. Riley Securities | Maintained | Neutral | $23.00 |
| Oct 10, 2025 | Janney Montgomery Scott | Downgraded | Buy → Neutral | — |
| Sep 5, 2025 | Clear Street | Initiated Coverage | Hold | $24.00 |
| Jun 9, 2025 | Compass Point | Downgraded | Buy → Neutral | $24.25 |
| Jan 13, 2025 | Compass Point | Maintained | Buy | $25.25 |
| Oct 11, 2024 | Compass Point | Maintained | Buy | $26.25 |
| Oct 10, 2024 | Oppenheimer | Maintained | Perform | $25.00 |
| Oct 10, 2024 | B. Riley Securities | Maintained | Neutral | $25.00 |
| Oct 10, 2024 | Ladenburg Thalmann | Downgraded | Buy → Neutral | — |
| Jul 11, 2024 | B. Riley Securities | Maintained | Neutral | $25.00 |
| Jul 11, 2024 | Compass Point | Upgraded | Neutral → Buy | $24.75 |
| May 8, 2024 | Oppenheimer | Downgraded | Outperform → Perform | $23.00 |
| Jan 10, 2024 | Compass Point | Downgraded | Buy → Neutral | $24.75 |
| Jan 8, 2024 | B. Riley Securities | Downgraded | Buy → Neutral | $28.00 |
| Jul 12, 2023 | Raymond James | Downgraded | Outperform → Market Perform | — |
| Jun 21, 2023 | B. Riley Securities | Maintained | Buy | $28.00 |
| May 4, 2023 | Raymond James | Maintained | Outperform | $26.00 |

## Frequently Asked Questions

### Is SAR a buy, sell, or hold?

Analysts covering Saratoga Investment currently average a Hold rating: 1 buy, 6 hold and 0 sell, from 7 analysts. Ratings reflect analyst opinion, not investment advice.

### What is the latest analyst rating on SAR?

On Oct 8, 2026, B. Riley Securities maintained Saratoga Investment at Neutral with a price target of $20.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).