TPVG

Triplepoint Venture Growth BDC Corp

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Advanced Chart

6.360

+0.18(2.913%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

6.375

Open

6.200

VWAP

6.31

Vol

308.02K

Mkt Cap

256.46M

Low

6.1752

Amount

1.94M

EV/EBITDA(TTM)

8.83

Total Shares

37.85M

610.40M

EV/OCF(TTM)

14.97

P/S(TTM)

2.69

TriplePoint Venture Growth BDC Corp. is an externally managed, closed-end, non-diversified management investment company that operates as a business development company. It is focused on providing customized debt financing with warrants and direct equity investments to venture growth stage companies in technology and other high-growth industries backed by a select group of venture capital firms. Its investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by lending, typically with warrants, primarily to venture growth stage companies focused on technology and other high-growth industries backed by TriplePoint Capital LLC (TPC) a select group of venture capital investors. TPC is a Sand Hill Road-based global investment platform, which provides customized debt financing, leasing, direct equity investments and other complementary solutions. Its investment adviser is TriplePoint Advisers LLC.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q1

FY2024Q4

23.75M

-12.38%

0.296

-10.23%

24.90M

-14.95%

0.305

-25.59%

26.68M

-19.07%

0.351

-25.35%

Estimates Revision

The market is revising No Change the revenue expectations for TriplePoint Venture Growth BDC Corp. (TPVG) for FY2024, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by -5.78%.

Revenue Estimates for FY2024

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2024

No Change

0.00%

In Past 3 Month

Stock Price

Go Down

-5.78%

In Past 3 Month

3 Analyst Rating

2.20% Upside

Wall Street analysts forecast TPVG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TPVG is 6.50 USD with a low forecast of 5.50 USD and a high forecast of 7.00 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.

0 Buy

2 Hold

1 Sell

Moderate Sell

2.20% Upside

Current: 6.360

Low

5.50

Averages

6.50

High

7.00

2.20% Upside

Current: 6.360

Low

5.50

Averages

6.50

High

7.00

UBS

Neutral

maintain

2025-07-16

Reason

UBS

Price Target

2025-07-16

maintain

Neutral

Reason

UBS raised the firm's price target on TriplePoint Venture to $7 from $6.50 and keeps a Neutral rating on the shares.

UBS

Vilas Abraham

Hold

Maintains

$7.5 → $6

2025-04-17

Reason

UBS

Vilas Abraham

Price Target

$7.5 → $6

2025-04-17

Maintains

Hold

Reason

UBS lowered the firm's price target on TriplePoint Venture to $6 from $7.50 and keeps a Neutral rating on the shares as part of a Q1 earnings preview for the business development companies. The focus for investors during earnings will be on the outlook for credit quality given the increased economic uncertainty, the analyst tells investors in a research note. The firm says that while the pullback in the sector has made valuations more attractive, the overhang from credit quality concerns and earnings drag from lower short-term rates will persist. UBS cut price targets to reflect a lower return on equity outlook from slower loan growth and lower target multiples given increased economic uncertainty.

Keefe, Bruyette & Woods

Paul Johnson

Hold

Maintains

$7.5 → $7

2025-04-08

Reason

Keefe, Bruyette & Woods

Paul Johnson

Price Target

$7.5 → $7

2025-04-08

Maintains

Hold

Reason

Keefe Bruyette analyst Paul Johnson lowered the firm's price target on TriplePoint Venture to $7 from $7.50 and keeps a Market Perform rating on the shares.

Piper Sandler

Crispin Love

Hold

Maintains

$8 → $7

2025-04-08

Reason

Piper Sandler

Crispin Love

Price Target

$8 → $7

2025-04-08

Maintains

Hold

Reason

Piper Sandler lowered the firm's price target on TriplePoint Venture to $7 from $8 and keeps a Neutral rating on the shares. The firm notes asset managers have underperformed financials and the broader market in 2025-to-date, and in recent days, following outperformance in 2024. Sentiment and the outlook have shifted dramatically in what was initially believed to be an environment primed for alternative asset managers for deal activity and realizations following the Trump election to one that is now grappling with tariffs, a potential recession and a capital markets window slamming shut, Piper argues. Unfortunately, given the fluidity of the current environment "we will likely finish 1Q25 earnings season with more questions than answers with uncertainty in current policy and impacts to the macro and asset managers unclear," Piper says.

Compass Point

Casey Alexander

Hold

Maintains

$8 → $7.25

2025-03-18

Reason

Compass Point

Casey Alexander

Price Target

$8 → $7.25

2025-03-18

Maintains

Hold

Reason

Compass Point lowered the firm's price target on TriplePoint Venture to $7.25 from $8 and keeps a Neutral rating on the shares. TriplePoint has "a positive 12-month potential return due to the dividend but a negative price appreciation potential," the analyst tells investors, noting that net asset value has declined by 39% over the last three years.

Wells Fargo

Finian O'Shea

Hold

Sell

Downgrades

$7.5 → $6.5

2025-03-17

Reason

Wells Fargo

Finian O'Shea

Price Target

$7.5 → $6.5

2025-03-17

Downgrades

Hold

Sell

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Triplepoint Venture Growth BDC Corp (TPVG.N) is 3.78, compared to its 5-year average forward P/E of 7.34. For a more detailed relative valuation and DCF analysis to assess Triplepoint Venture Growth BDC Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

7.34

Current PE

3.78

Overvalued PE

9.86

Undervalued PE

4.83

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

3.60

Current PS

2.11

Overvalued PS

4.62

Undervalued PS

2.58