TriplePoint Venture Growth BDC (TPVG) Stock Forecast & Price Target

$7.49

0.00 (0.00%)

(As of 09/6/2024 ET)

TriplePoint Venture Growth BDC - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for TriplePoint Venture Growth BDC in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 6 analysts, 2 have given a sell rating, and 4 have given a hold rating for TPVG.

Consensus Price Target

$8.25
10.15% Upside

High Forecast	$8.75
Average Forecast	$8.25
Low Forecast	$8.00

According to the 6 analysts' twelve-month price targets for TriplePoint Venture Growth BDC, the average price target is $8.25. The highest price target for TPVG is $8.75, while the lowest price target for TPVG is $8.00. The average price target represents a forecasted upside of 10.15% from the current price of $7.49.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Reduce	Reduce	Reduce	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$8.25	$9.15	$9.55	$11.46
Forecasted Upside	10.15% Upside	2.15% Upside	-6.07% Downside	2.46% Upside

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TPVG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TPVG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

TriplePoint Venture Growth BDC Stock vs. The Competition

Type	TriplePoint Venture Growth BDC	Finance Companies	S&P 500
Consensus Rating Score	1.67	2.46	2.51
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	10.15% Upside	35.39% Upside	11.36% Upside
News Sentiment Rating	Very Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/9/2024	Keefe, Bruyette & Woods 4 of 5 stars	P. Johnson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underperform ➝ Underperform	$9.00 ➝ $8.00	+10.80%
8/9/2024	LADENBURG THALM/SH SH 4 of 5 stars	C. Nolan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$8.50 ➝ $8.00	+7.10%
8/8/2024	Piper Sandler 2 of 5 stars		Lower Target	Neutral ➝ Neutral	$9.50 ➝ $8.00	+6.24%
5/29/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Underweight	$9.50 ➝ $8.50	-9.38%
3/22/2024	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Neutral	$8.75	-4.84%
3/7/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Market Perform
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5/4/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Downgrade
12/1/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$13.50	+4.33%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:18 PM ET.

TPVG Forecast - Frequently Asked Questions

What is TriplePoint Venture Growth BDC's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for TriplePoint Venture Growth BDC is $8.25, with a high forecast of $8.75 and a low forecast of $8.00.
Should I buy or sell TriplePoint Venture Growth BDC stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriplePoint Venture Growth BDC in the last twelve months. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" TPVG shares.
Does TriplePoint Venture Growth BDC's stock price have much upside?: According to analysts, TriplePoint Venture Growth BDC's stock has a predicted upside of 1.12% based on their 12-month stock forecasts.
Has TriplePoint Venture Growth BDC been downgraded by Wall Street analysts recently?: Over the previous 90 days, TriplePoint Venture Growth BDC's stock had 1 downgrade by analysts.
What analysts cover TriplePoint Venture Growth BDC?: TriplePoint Venture Growth BDC has been rated by research analysts at Keefe, Bruyette & Woods, LADENBURG THALM/SH SH, and Piper Sandler in the past 90 days.
Do Wall Street analysts like TriplePoint Venture Growth BDC more than its competitors?: Analysts like TriplePoint Venture Growth BDC less than other "finance" companies. The consensus rating for TriplePoint Venture Growth BDC is Reduce while the average consensus rating for "finance" companies is Hold. Learn more on how TPVG compares to other companies.