Blue Owl Technology Finance Corp. (OTF) AI Stock Analysis

Blue Owl Technology Finance Corp. is an externally managed business development company that specializes in upper middle-market investments. The firm makes debt and equity investments, including senior secured or unsecured loans, subordinated or mezzanine debt, and equity-related securities such as common equity, warrants, and preferred equity. Founded in 2018 and based in New York, New York, the company primarily targets investments in technology and software businesses located in the United States.

OTF delivered a five-year revenue compound annual growth rate of 44.5% between FY2020 and FY2025. In FY2025, revenue grew 99.8% to $1.07B, up from $536.9M in FY2024, while net income rose to $720.4M with a net margin of 67.1% and diluted earnings per share of $1.37. Gross margin for FY2025 reached 72.6% alongside an operating margin of 67.9%. For the trailing twelve months ending June 30, 2026, revenue stood at $1.31B with a profit margin of 28.7%. In the latest quarter ending June 30, 2026, quarterly revenue increased 5.8% year-over-year, while quarterly earnings declined 22.8% over the same period.

As of June 30, 2026, the company held $3.2M in cash and short-term investments against $7.16B in total debt, resulting in net debt of $7.15B. Shareholders' equity was $7.54B against total assets of $15.05B, reflecting a debt-to-equity ratio of 0.95. In FY2025, operating cash flow and free cash flow both reached $924.0M. During FY2025, capital allocation included $73.4M in share buybacks and $393.7M in dividends paid to shareholders.

OTF shares closed at $9.13 on October 16, 2026, representing a market capitalization of $4.18B and an enterprise value of $6.41B. The stock trades at a trailing price-to-earnings multiple of 11.4x and a forward price-to-earnings multiple of 7.4x, both lower than the median of its US-listed Financial Services peers at 12.1x and 10.8x, respectively. Its enterprise value-to-EBITDA ratio is 8.8x, compared to the peer median of 11.7x. Over the past year, OTF fell 25.0%, underperforming the S&P 500 return of 16.8%.

OTF pays a quarterly dividend with an annualized forward payout of $1.40 per share, representing a forward dividend yield of 15.33%. The dividend payout ratio stands at 66.1%, and the company has paid dividends for 2 consecutive years. The most recent ex-dividend date was September 30, 2026.

Wall Street coverage consists of 4 Strong Buy, 1 Buy, and 4 Hold recommendations, with no Sell or Strong Sell ratings. The mean analyst price target is $13.61, representing an upside of 49.1% relative to the October 16, 2026 closing price of $9.13. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $1.39B and earnings per share of $1.27. Over the last four quarters, OTF exceeded earnings expectations once. The next earnings date is scheduled for November 4, 2026.

This page is an AI-written research summary of Blue Owl Technology Finance Corp. (OTF). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: OTF income statement, OTF balance sheet, OTF key metrics, OTF analyst forecast, OTF chart. See the OTF stock overview for the latest quote and news.