HOG

Harley-Davidson, Inc.

Consumer Cyclical · $2.6B market cap

Verdict

Share price

$24.55

close of Oct 3, 2026

Fair value

$21.98

Sticker Price

Payback Price

$8.79

buy price

Overpriced

HOG is Overpriced: at $24.55 it trades 12% above its fair value of $21.98. Its buy price (Payback Price) is $8.79, 64% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Owner Earnings. Earnings have been shrinking, but the business still generates cash, so we value it on its cash flow instead of its earnings.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth-2.6% a year✗
Equity per share growth4.9% a year✗
Sales growth-0.4% a year✗
Free cash flow growth1.1% a year✗
Return on invested capital4.4%✗

Follow HOG

Get notified when it reaches its buy price of $8.79. Free.

Create a free account

Superinvestors

2 of the investors we track hold HOG. In Q1 2026, 1 opened a position. Who we track

Moves in Q1 2026

New position: Third Avenue Management

Insider activity

Since Jul 1, 2026: 3 open-market purchases worth $1.4M, 3 sales worth $119K and 1 other filing (stock awards, tax withholding and similar). Why purchases matter

Purchases

Sales

Other filings

About Harley-Davidson, Inc.

Harley-Davidson, Inc., publicly traded under the symbol HOG, is fundamentally a manufacturer and seller of motorcycles. The company's operations are divided into two primary divisions: Motorcycle Products and Related Offerings, and Financial Services. The Motorcycle Products and Related Offerings segment focuses on the design, production, and worldwide distribution of Harley-Davidson motorcycles, encompassing…

Auto - Manufacturers

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works