Analyst Price Target is $11.75
▲ +7.90% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for TriplePoint Venture Growth BDC in the last 3 months. The average price target is $11.75, with a high forecast of $13.50 and a low forecast of $10.00. The average price target represents a 7.90% upside from the last price of $10.89.
Current Consensus is
The current consensus among 5 investment analysts is to hold stock in TriplePoint Venture Growth BDC. This rating has held steady since June 2021, when it changed from a Buy consensus rating.
TriplePoint Venture Growth BDC Corp. (the “Company“) is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. It was formed to expand the venture growth stage business segment of its sponsor, TriplePoint Capital LLC (“TriplePoint Capital“). The Company's 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 primarily lending with warrants to venture growth stage companies focused in technology, life sciences and other high growth industries backed by a select group of leading venture capital investors.