Roth Capital Begins Coverage of Tennant with a Buy Rating and Sets Price Target at $102
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2025
0mins
Should l Buy TNC?
Source: Benzinga
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Analyst Views on TNC
Wall Street analysts forecast TNC stock price to rise
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 80.780
Low
107.00
Averages
111.00
High
115.00
Current: 80.780
Low
107.00
Averages
111.00
High
115.00
About TNC
Tennant Company is engaged in designing, manufacturing, and marketing solutions. It offers products and solutions consisting of manual and autonomous mechanized cleaning equipment for both industrial and commercial uses, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and business solutions, such as financing, rental and leasing programs, and machine-to-machine asset management solutions. Its products are used in various environments, including retail establishments, distribution centers, factories and warehouses, public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals, and clinics, and more. It markets its offerings under the brands: Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei and Rongen brands, as well as private-label brands. It has a portfolio of differentiated technology solutions that includes IRIS, ec-H2O NanoClean, and ReadySpace.
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.
Tennant Company Under Investigation for Securities Fraud
- Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the rollout of its new enterprise resource planning (ERP) system, which may involve misleading statements to investors.
- Stock Price Plunge: On February 24, 2026, Tennant's stock dropped from $82.30 to $63.02, a decline of over 23%, due to severe operational disruptions caused by the ERP system launch in North America, resulting in approximately $30 million in lost sales.
- Increased Remediation Costs: Tennant anticipates spending over $20 million in 2026 to address the issues caused by the ERP rollout, significantly higher than the $5 million originally budgeted, which could adversely affect the company's financial health.
- Legal Options for Investors: Investors are encouraged to contact BFA Law to explore their legal rights, with all representation on a contingency fee basis, meaning shareholders will not incur any litigation costs, providing a potential avenue for affected investors to seek redress.
See More
Tennant Company Under Investigation for Securities Fraud
- Investigation Context: Bleichmar Fonti & Auld LLP is investigating Tennant Company for potential securities fraud related to the rollout of its new enterprise resource planning (ERP) system, which may undermine investor confidence.
- Stock Price Plunge: On February 24, 2026, Tennant's stock dropped from $82.30 to $63.02, a decline of over 23%, primarily due to severe operational disruptions caused by the ERP system's implementation in North America, resulting in approximately $30 million in lost sales.
- Financial Impact: The company anticipates needing to spend over $20 million in 2026 to remediate the ERP issues, significantly higher than the planned $5 million, which will exert considerable pressure on its financial health.
- Legal Options: Investors are encouraged to contact BFA Law to understand their legal rights, with the firm offering representation on a contingency fee basis, thereby minimizing the legal risk for investors.
See More
Tennant Company Under Investigation for Securities Fraud
- Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the implementation of its new enterprise resource planning (ERP) system, focusing on possible misleading statements made to investors.
- Stock Price Plunge: On February 24, 2026, Tennant's stock plummeted over 23%, dropping from $82.30 to $63.02 per share due to severe operational disruptions caused by the ERP rollout in North America, resulting in approximately $30 million in lost sales.
- Financial Impact: Tennant anticipates spending over $20 million in 2026 to remediate the issues caused by the ERP system, significantly higher than the $5 million originally budgeted, which will exert considerable pressure on the company's financial health.
- Legal Options: Investors are encouraged to contact BFA Law to explore their legal rights, with all representation on a contingency fee basis, meaning shareholders will not incur any litigation costs, providing a potential avenue for affected investors to seek redress.
See More
Investigation into Tennant Company for Securities Fraud
- Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the implementation of its new enterprise resource planning (ERP) system, which may undermine investor confidence.
- Stock Price Plunge: On February 24, 2026, Tennant's stock price dropped from $82.30 to $63.02, a decline of over 23%, significantly reducing the company's market value and reflecting serious concerns about its operational capabilities.
- Sales Losses: The rollout of the ERP system in North America caused severe operational disruptions, leading to an estimated $30 million in lost sales and requiring over $20 million in additional remediation costs, far exceeding the initial $5 million budgeted.
- Legal Options: Investors are encouraged to contact BFA Law to understand their legal rights, indicating that the firm operates on a contingency fee basis, aiming to protect investors' interests without upfront costs.
See More
Tennant Company Faces Shareholder Rights Investigation
- Financial Performance Decline: Tennant reported significant declines in sales, adjusted EBITDA, and adjusted earnings per share in its February 23, 2026 press release, indicating operational disruptions during fiscal year 2025, particularly due to a three-week production halt from the ERP transition in November.
- Sales Loss Estimation: Management estimated that approximately half of the $30 million in lost sales due to the production disruption would be unrecoverable, which not only impacts the company's short-term financial performance but may also harm long-term customer relationships.
- Stock Price Volatility: Following the earnings report, Tennant's stock price fell by $19.28, or 23.43%, closing at $63.02 on February 24, 2026, raising concerns among investors regarding the company's future performance.
- Legal Investigation Initiated: Bragar Eagel & Squire, P.C. is investigating Tennant for potential violations of federal securities laws or other unlawful business practices, indicating that the company may face legal risks that could affect its reputation and market trust.
See More
Tennant Company Under Investigation for Securities Fraud
- Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the implementation of its new enterprise resource planning (ERP) system, indicating possible mismanagement in significant project execution.
- Stock Price Plunge: On February 24, 2026, Tennant's stock price plummeted from $82.30 to $63.02, a drop of over 23%, resulting in a substantial loss of market value and severely undermining investor confidence.
- Sales Losses: The ERP rollout in North America caused severe operational disruptions, leading to an estimated $30 million in lost sales and requiring over $20 million in additional remediation costs, significantly exceeding the original budget of $5 million.
- Legal Options: Investors who suffered losses are encouraged to contact BFA Law for legal assistance, highlighting the company's potential liability and risks in managing investor rights.
See More
Tennant Company Under Investigation for Securities Fraud
- Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the rollout of its new enterprise resource planning (ERP) system, which may involve misleading statements to investors.
- Stock Price Plunge: On February 24, 2026, Tennant's stock dropped from $82.30 to $63.02, a decline of over 23%, due to severe operational disruptions caused by the ERP system launch in North America, resulting in approximately $30 million in lost sales.
- Increased Remediation Costs: Tennant anticipates spending over $20 million in 2026 to address the issues caused by the ERP rollout, significantly higher than the $5 million originally budgeted, which could adversely affect the company's financial health.
- Legal Options for Investors: Investors are encouraged to contact BFA Law to explore their legal rights, with all representation on a contingency fee basis, meaning shareholders will not incur any litigation costs, providing a potential avenue for affected investors to seek redress.
See More
Tennant Company Under Investigation for Securities Fraud
- Investigation Context: Bleichmar Fonti & Auld LLP is investigating Tennant Company for potential securities fraud related to the rollout of its new enterprise resource planning (ERP) system, which may undermine investor confidence.
- Stock Price Plunge: On February 24, 2026, Tennant's stock dropped from $82.30 to $63.02, a decline of over 23%, primarily due to severe operational disruptions caused by the ERP system's implementation in North America, resulting in approximately $30 million in lost sales.
- Financial Impact: The company anticipates needing to spend over $20 million in 2026 to remediate the ERP issues, significantly higher than the planned $5 million, which will exert considerable pressure on its financial health.
- Legal Options: Investors are encouraged to contact BFA Law to understand their legal rights, with the firm offering representation on a contingency fee basis, thereby minimizing the legal risk for investors.
See More
Tennant Company Under Investigation for Securities Fraud
- Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the implementation of its new enterprise resource planning (ERP) system, focusing on possible misleading statements made to investors.
- Stock Price Plunge: On February 24, 2026, Tennant's stock plummeted over 23%, dropping from $82.30 to $63.02 per share due to severe operational disruptions caused by the ERP rollout in North America, resulting in approximately $30 million in lost sales.
- Financial Impact: Tennant anticipates spending over $20 million in 2026 to remediate the issues caused by the ERP system, significantly higher than the $5 million originally budgeted, which will exert considerable pressure on the company's financial health.
- Legal Options: Investors are encouraged to contact BFA Law to explore their legal rights, with all representation on a contingency fee basis, meaning shareholders will not incur any litigation costs, providing a potential avenue for affected investors to seek redress.
See More
Investigation into Tennant Company for Securities Fraud
- Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the implementation of its new enterprise resource planning (ERP) system, which may undermine investor confidence.
- Stock Price Plunge: On February 24, 2026, Tennant's stock price dropped from $82.30 to $63.02, a decline of over 23%, significantly reducing the company's market value and reflecting serious concerns about its operational capabilities.
- Sales Losses: The rollout of the ERP system in North America caused severe operational disruptions, leading to an estimated $30 million in lost sales and requiring over $20 million in additional remediation costs, far exceeding the initial $5 million budgeted.
- Legal Options: Investors are encouraged to contact BFA Law to understand their legal rights, indicating that the firm operates on a contingency fee basis, aiming to protect investors' interests without upfront costs.
See More
Tennant Company Faces Shareholder Rights Investigation
- Financial Performance Decline: Tennant reported significant declines in sales, adjusted EBITDA, and adjusted earnings per share in its February 23, 2026 press release, indicating operational disruptions during fiscal year 2025, particularly due to a three-week production halt from the ERP transition in November.
- Sales Loss Estimation: Management estimated that approximately half of the $30 million in lost sales due to the production disruption would be unrecoverable, which not only impacts the company's short-term financial performance but may also harm long-term customer relationships.
- Stock Price Volatility: Following the earnings report, Tennant's stock price fell by $19.28, or 23.43%, closing at $63.02 on February 24, 2026, raising concerns among investors regarding the company's future performance.
- Legal Investigation Initiated: Bragar Eagel & Squire, P.C. is investigating Tennant for potential violations of federal securities laws or other unlawful business practices, indicating that the company may face legal risks that could affect its reputation and market trust.
See More
Tennant Company Under Investigation for Securities Fraud
- Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the implementation of its new enterprise resource planning (ERP) system, indicating possible mismanagement in significant project execution.
- Stock Price Plunge: On February 24, 2026, Tennant's stock price plummeted from $82.30 to $63.02, a drop of over 23%, resulting in a substantial loss of market value and severely undermining investor confidence.
- Sales Losses: The ERP rollout in North America caused severe operational disruptions, leading to an estimated $30 million in lost sales and requiring over $20 million in additional remediation costs, significantly exceeding the original budget of $5 million.
- Legal Options: Investors who suffered losses are encouraged to contact BFA Law for legal assistance, highlighting the company's potential liability and risks in managing investor rights.
See More
