TSS, Inc. prices 3M shares at $17.00 in underwritten public offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 13 2025
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Public Offering Announcement: TSS has priced its public offering of 3,000,000 shares of common stock at $17.00 per share, with plans to use the proceeds for general corporate purposes, including working and growth capital.
Underwriter Details: Lucid Capital Markets is the sole book-running manager for the offering, which includes a 30-day option for the underwriter to purchase an additional 450,000 shares, expected to close around August 14, 2025.
Analyst Views on TSSI
Wall Street analysts forecast TSSI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSSI is 20.50 USD with a low forecast of 20.50 USD and a high forecast of 20.50 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
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 11.160
Low
20.50
Averages
20.50
High
20.50
Current: 11.160
Low
20.50
Averages
20.50
High
20.50
No data
About TSSI
TSS, Inc. is a data center services company that integrates high-performance computing infrastructure and software. The Company's segments include Procurement, Systems Integration, and Facilities Management. Its Procurement segment assists its customers in procuring third-party hardware, software, and professional services on their behalf that are used in its integration services as it integrates these components to deliver a completed system to its customers. Its Systems integration segment integrates information technology (IT) equipment for original equipment manufacturer vendors and customers to be used inside data center environments, including modular data centers. Its Facilities segment is involved in the design, project management and maintenance of data centers and mission-critical business operations. Its services consist of technology consulting, design and engineering, project management, systems integration, systems installation, facilities management and others.
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.
