Happen, Inc. HAPN
Finance: Consumer Services · data as of November 13, 2026
Happen, Inc. (HAPN) is a financial company listed in the US with a market value of about $1.8B. In the twelve months to September 30, 2026 it had revenue of $1.0B and net income of $211M, a net margin of 20.2%.
Its overall Stock Analiz score is 1.8 out of 5 (weak). The strongest part is future growth (3/5); the weakest is financial health (1/5).
Key numbers: a P/E of 8.7, 5-year revenue growth of 26% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 12% below the current price.
Score: 1.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Revenue growth above 10% last year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B | $999M | $787M | $865M | $1.2B | $819M | $318M | $759M | $695M | $575M | $501M |
| Net income | $211M | $136M | $51M | $39M | $290M | $19M | -$188M | -$31M | -$128M | -$154M | -$146M |
| Free cash flow | -$2.9B | -$2.9B | -$2.7B | -$1.2B | $306M | $205M | $387M | -$321M | -$693M | -$618M | -$51M |
| EPS (diluted) | $1.79 | $1.16 | $0.45 | $0.36 | $2.79 | $0.18 | — | $-0.35 | $-1.52 | $-1.88 | $-1.90 |
| Net margin | 20.2% | 13.6% | 6.5% | 4.5% | 24.4% | 2.3% | -59.0% | -4.0% | -18.5% | -26.8% | -29.1% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 8 analysts is $23.88, 54% above the current price; targets range from $20.00 to $29.00; the consensus rating is “Strong buy”; expected EPS is $1.89 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Happen’s P/E ratio?
About 8.7, based on the last twelve months of diluted earnings per share (forward P/E about 7.3).
Is Happen stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 12% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Happen pay a dividend?
Not currently.
Is Happen a good stock to buy?
We do not give buy or sell advice. Happen scores 1.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.