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Added to YB: 2026-04-02

Pitch date: 2026-02-10

HOG [bearish]

Harley-Davidson, Inc.

+1.7%

current return

Author Info

No bio for this author

Company Info

Harley-Davidson, Inc. manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services.

Market Cap

$2.2B

Pitch Price

$20.68

Price Target

11.00 (-46%)

Dividend

3.70%

EV/EBITDA

6.02

P/E

6.98

EV/Sales

0.87

Sector

Automobiles

Category

turnaround

Show full summary:
Harley-Davidson, Inc. - $HOG (short)

HOG (short): Estimates $0.50 2026 EPS vs consensus $2.06, $1.19 2027 base case. HDFS sale to KKR hugely dilutive despite mgmt hype of 'value unlock' - sold $5B loans 11x, cut BV 80%, bought back stock/bonds pre-reveal. Core motorcycle shipments down 60% in 20yrs, aging demographic. Target $11 (10x 2027), -40% downside. Risks: dealer inventory pop, short squeeze, buybacks.

Read full article (10 min)