Texas Pacific Land Corp saw a price increase of 7.42%, crossing above its 5-day SMA, amid a generally weak market with the Nasdaq-100 down 0.82% and the S&P 500 down 0.41%.
This surge is attributed to Texas Pacific Land Corporation's strategic partnership with Bolt to develop large-scale data centers, involving a $50 million investment from TPL as part of a $150 million capital raise by Bolt. This collaboration highlights both companies' confidence in the future market opportunities, particularly in enhancing AI infrastructure in West Texas.
The implications of this partnership are significant, as TPL's vast land holdings in the Permian Basin provide essential resources for Bolt's ambitious plans, potentially positioning Texas as a leader in AI compute infrastructure.
Wall Street analysts forecast TPL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TPL is 1050 USD with a low forecast of 1050 USD and a high forecast of 1050 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast TPL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TPL is 1050 USD with a low forecast of 1050 USD and a high forecast of 1050 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 341.740
Low
1050
Averages
1050
High
1050
Current: 341.740
Low
1050
Averages
1050
High
1050
KeyBanc
Overweight
initiated
$1,050
2025-12-02
Reason
KeyBanc
Price Target
$1,050
AI Analysis
2025-12-02
initiated
Overweight
Reason
KeyBanc last night initiated coverage of Texas Pacific Land with an Overweight rating and $1,050 price target. Texas Pacific is a large owner of land and royalty interests in Texas, the analyst tells investors in a research note. The firm believes the company is emerging from its "multi-decade run as a sleepy public entity." KeyBanc says growing appreciation for the optionality and organic growth potential embedded in the "vast" west Texas market has driven the stock's rally.
Texas Capital
Hold
to
Buy
upgrade
2025-06-26
Reason
Texas Capital
Price Target
2025-06-26
upgrade
Hold
to
Buy
Reason
Texas Capital upgraded Texas Pacific Land to Buy from Hold with a price target of $1,280, up from $1,240, after meeting with management. The firm believes the company will "commercially de-risk" its desalination project and advance one of its power generation and data center opportunities by year end. Further, Texas Pacific is the natural consolidator of some of the larger ranches in the Permian that are expected to come to market over the next three to five years, the analyst tells investors in a research note.
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About TPL
Texas Pacific Land Corporation is the landowner in the State of Texas with approximately 882,000 surface acres of land, principally concentrated in the Permian Basin. Its segments include Land and Resource Management and Water Services and Operations. The Land and Resource Management segment focuses on managing Company’s oil and gas royalty interest and surface acres located in 19 different countries. The Land and Resource Management segment encompasses the business of managing its approximately 882,000 surface acres of land and its approximately 207,000 NRA of oil and gas royalty interests, principally concentrated in the Permian Basin. This segment consists of royalties from oil and gas, revenues from easements, commercial leases and renewables, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin. Its services include water sourcing and produced water disposal.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
