June 29, 2026
Global Value

Matt Fine discusses Harley-Davidson in Value Investor Insight

Key takeaways include:

  • Matthew Fine of Third Avenue believes the market value of Harley Davidson could more than double over the next three to five years.
  • The recent restructuring of Harley's financing business remains underappreciated and has boosted the parent company’s balance sheet to roughly $800 million in net cash.
  • Despite long-running challenges, Fine sees plenty of potential upside if several key strategy changes by new CEO Artie Starrs achieve reasonable expectations.

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