BlackRock TCP Capital (TCPC) Stock Forecast, Price Target & Predictions
TCPC Stock Forecast
BlackRock TCP Capital stock forecast is as follows: an average price target of $8.00 (represents a -10.81% downside from TCPC’s last price of $8.97) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
TCPC Price Target
The average price target for BlackRock TCP Capital (TCPC) is $8.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $8.00. This represents a potential -10.81% downside from TCPC's last price of $8.97.
TCPC Analyst Ratings
According to 2 Wall Street analysts, BlackRock TCP Capital's rating consensus is 'Hold'. The analyst rating breakdown for TCPC stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (50.00%), 1 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).
BlackRock TCP Capital Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 26, 2024 | Finian O'Shea | Wells Fargo | $8.00 | $9.35 | -14.44% | -10.81% |
| Aug 12, 2024 | Finian O'Shea | Wells Fargo | $8.50 | $9.01 | -5.66% | -5.24% |
The latest BlackRock TCP Capital stock forecast, released on Aug 26, 2024 by Finian O'Shea from Wells Fargo, set a price target of $8.00, which represents a -14.44% decrease from the stock price at the time of the forecast ($9.35), and a -10.81% decrease from TCPC last price ($8.97).
BlackRock TCP Capital Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 2 |
| Avg Price Target | $8.00 | $8.25 | $8.25 |
| Last Closing Price | $8.97 | $8.97 | $8.97 |
| Upside/Downside | -10.81% | -8.03% | -8.03% |
In the current month, the average price target of BlackRock TCP Capital stock is $8.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -10.81% decrease as opposed to BlackRock TCP Capital's last price of $8.97. This month's average price target is down -3.03% compared to last quarter, and down -3.03% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 26, 2024 | Wells Fargo | Equal-Weight | Underweight | Downgrade |
| Aug 12, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 25, 2022 | Zacks Investment Research | - | Hold | Upgrade |
BlackRock TCP Capital's last stock rating was published by Wells Fargo on Aug 26, 2024. The company Downgrade its TCPC rating from "Equal-Weight" to "Underweight".
BlackRock TCP Capital Financial Forecast
BlackRock TCP Capital Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.21M | $53.96M | $25.76M | $136.21M | $28.08M | - | $14.64M | $35.82M | $19.10M | $57.02M | $38.77M | $51.13M | $51.02M | $48.72M | $41.25M | $2.33M | $20.62M |
| Avg Forecast | $56.60M | $57.69M | $58.78M | $60.97M | $63.30M | $64.16M | $64.47M | $64.57M | $65.46M | $66.49M | $68.95M | $52.95M | $52.37M | $52.65M | $49.48M | $47.14M | $46.68M | $43.88M | $41.43M | $41.41M | $41.38M | $42.78M | $42.99M | $41.10M | $40.99M | $40.41M | $38.35M | $46.24M | $47.67M | $47.84M |
| High Forecast | $59.38M | $60.53M | $61.68M | $63.97M | $66.42M | $67.32M | $67.65M | $67.75M | $68.69M | $67.57M | $72.34M | $55.56M | $52.53M | $55.24M | $51.91M | $49.46M | $48.98M | $46.04M | $41.43M | $48.72M | $48.70M | $50.33M | $50.59M | $48.36M | $48.23M | $47.55M | $45.13M | $54.41M | $56.08M | $56.29M |
| Low Forecast | $51.77M | $52.77M | $53.77M | $55.77M | $57.90M | $58.70M | $58.98M | $59.06M | $59.88M | $65.41M | $63.07M | $48.44M | $52.20M | $48.16M | $45.26M | $43.12M | $42.70M | $40.14M | $41.43M | $34.91M | $34.89M | $36.06M | $36.24M | $34.65M | $34.55M | $34.07M | $32.33M | $38.99M | $40.18M | $40.33M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.09% | 0.55% | 2.92% | 0.64% | - | 0.35% | 0.87% | 0.45% | 1.33% | 0.94% | 1.25% | 1.26% | 1.27% | 0.89% | 0.05% | 0.43% |
BlackRock TCP Capital's average Quarter revenue forecast for Dec 23 based on 4 analysts is $52.37M, with a low forecast of $52.20M, and a high forecast of $52.53M. TCPC's average Quarter revenue forecast represents a -3.40% decrease compared to the company's last Quarter revenue of $54.21M (Sep 23).
BlackRock TCP Capital EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $28.33M | $27.60M | $25.41M | $130.52M | $36.41M | - | $21.79M | $40.96M | $21.41M | $65.54M | $44.29M | $56.72M | $56.25M | $57.00M | $-59.77M | $9.66M | $30.86M |
| Avg Forecast | $43.82M | $44.67M | $45.51M | $47.21M | $49.01M | $49.68M | $49.92M | $49.99M | $50.69M | $51.49M | $53.38M | $41.00M | $40.55M | $40.76M | $38.31M | $36.50M | $36.15M | $27.09M | $32.08M | $32.06M | $-26.59M | $21.41M | $33.29M | $31.82M | $31.74M | $31.29M | $29.70M | $-10.73B | $-54.91M | $11.72M |
| High Forecast | $45.98M | $46.87M | $47.76M | $49.53M | $51.43M | $52.13M | $52.38M | $52.46M | $53.18M | $52.32M | $56.01M | $43.02M | $40.68M | $42.77M | $40.20M | $38.30M | $37.93M | $32.51M | $32.08M | $37.73M | $-21.27M | $25.70M | $39.17M | $37.44M | $37.34M | $36.82M | $34.94M | $-8.58B | $-43.92M | $14.06M |
| Low Forecast | $40.09M | $40.86M | $41.63M | $43.18M | $44.83M | $45.45M | $45.67M | $45.73M | $46.37M | $50.65M | $48.83M | $37.50M | $40.42M | $37.29M | $35.05M | $33.39M | $33.07M | $21.67M | $32.08M | $27.03M | $-31.90M | $17.13M | $28.06M | $26.83M | $26.75M | $26.38M | $25.04M | $-12.87B | $-65.89M | $9.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | 0.72% | 0.70% | 3.61% | 1.34% | - | 0.68% | -1.54% | 1.00% | 1.97% | 1.39% | 1.79% | 1.80% | 1.92% | 0.01% | -0.18% | 2.63% |
4 analysts predict TCPC's average Quarter EBITDA for Dec 23 to be $40.55M, with a high of $40.68M and a low of $40.42M. This is 43.11% upper than BlackRock TCP Capital's previous annual EBITDA (Sep 23) of $28.33M.
BlackRock TCP Capital Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $28.33M | $27.60M | $22.71M | $-146.42M | $38.25M | - | $12.45M | $32.58M | $10.90M | $54.83M | $35.48M | $47.99M | $46.52M | $46.35M | $-69.48M | $-1.16M | $18.44M |
| Avg Forecast | $27.39M | $28.25M | $29.10M | $29.96M | $31.03M | $31.67M | $31.88M | $31.88M | $32.95M | $33.38M | $36.66M | $54.31M | $40.03M | $39.93M | $36.43M | $42.94M | $33.50M | $13.78M | $19.69M | $39.03M | $33.60M | $10.90M | $58.15M | $35.48M | $46.53M | $47.97M | $38.88M | $-67.60M | $-1.18M | $17.06M |
| High Forecast | $29.14M | $30.05M | $30.96M | $31.87M | $33.01M | $33.70M | $33.92M | $33.92M | $35.06M | $34.19M | $39.01M | $65.18M | $42.59M | $42.48M | $38.76M | $51.52M | $35.65M | $16.54M | $19.69M | $46.84M | $40.32M | $13.08M | $69.78M | $42.58M | $55.84M | $57.56M | $46.65M | $-54.08M | $-947.86K | $20.47M |
| Low Forecast | $24.35M | $25.12M | $25.88M | $26.64M | $27.59M | $28.16M | $28.35M | $28.35M | $29.30M | $31.75M | $32.60M | $43.45M | $35.59M | $35.50M | $32.39M | $34.35M | $29.79M | $11.03M | $19.69M | $31.23M | $26.88M | $8.72M | $46.52M | $28.39M | $37.23M | $38.38M | $31.10M | $-81.12M | $-1.42M | $13.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | 0.76% | 0.53% | -4.37% | 2.78% | - | 0.32% | 0.97% | 1.00% | 0.94% | 1.00% | 1.03% | 0.97% | 1.19% | 1.03% | 0.97% | 1.08% |
BlackRock TCP Capital's average Quarter net income forecast for Dec 23 is $40.03M, with a range of $35.59M to $42.59M. TCPC's average Quarter net income forecast represents a 41.28% increase compared to the company's last Quarter net income of $28.33M (Sep 23).
BlackRock TCP Capital SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $745.98K | $318.78K | $2.08M | $1.95M | $1.84M | - | $2.19M | $1.96M | $1.99M | $2.19M | $1.98M | $1.97M | $2.06M | $2.37M | $2.13M | $2.15M | $2.18M |
| Avg Forecast | $37.53M | $38.25M | $38.98M | $40.42M | $41.97M | $42.54M | $42.75M | $42.81M | $43.41M | $44.09M | $45.71M | $3.03M | $34.72M | $34.91M | $32.81M | $2.40M | $30.95M | $2.52M | $27.47M | $2.18M | $2.02M | $1.99M | $2.32M | $1.98M | $1.91M | $2.13M | $1.99M | $2.07M | $2.20M | $2.02M |
| High Forecast | $39.37M | $40.13M | $40.89M | $42.41M | $44.04M | $44.64M | $44.85M | $44.92M | $45.54M | $44.80M | $47.97M | $3.64M | $34.83M | $36.63M | $34.42M | $2.88M | $32.48M | $3.02M | $27.47M | $2.62M | $2.43M | $2.39M | $2.79M | $2.38M | $2.29M | $2.55M | $2.38M | $2.48M | $2.65M | $2.42M |
| Low Forecast | $34.33M | $34.99M | $35.65M | $36.98M | $38.39M | $38.92M | $39.10M | $39.16M | $39.71M | $43.37M | $41.82M | $2.43M | $34.61M | $31.93M | $30.01M | $1.92M | $28.32M | $2.02M | $27.47M | $1.74M | $1.62M | $1.59M | $1.86M | $1.59M | $1.53M | $1.70M | $1.59M | $1.65M | $1.76M | $1.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.02% | 0.01% | 0.87% | 0.06% | 0.73% | - | 1.01% | 0.97% | 1.00% | 0.94% | 1.00% | 1.03% | 0.97% | 1.19% | 1.03% | 0.98% | 1.08% |
BlackRock TCP Capital's average Quarter SG&A projection for Dec 23 is $34.72M, based on 4 Wall Street analysts, with a range of $34.61M to $34.83M. The forecast indicates a 4554.62% rise compared to TCPC last annual SG&A of $745.98K (Sep 23).
BlackRock TCP Capital EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.49 | $0.48 | $0.39 | $-2.53 | $0.66 | - | $0.22 | $0.56 | $0.19 | $0.95 | $0.61 | $0.83 | $0.81 | $0.80 | $-1.18 | $-0.02 | $0.31 |
| Avg Forecast | $0.32 | $0.33 | $0.34 | $0.35 | $0.36 | $0.37 | $0.37 | $0.37 | $0.39 | $0.39 | $0.43 | $0.44 | $0.47 | $0.47 | $0.43 | $0.41 | $0.39 | $0.35 | $0.32 | $0.32 | $0.32 | $0.32 | $0.33 | $0.32 | $0.33 | $0.32 | $0.31 | $0.37 | $0.39 | $0.40 |
| High Forecast | $0.34 | $0.35 | $0.36 | $0.37 | $0.39 | $0.39 | $0.40 | $0.40 | $0.41 | $0.40 | $0.46 | $0.47 | $0.50 | $0.50 | $0.45 | $0.43 | $0.42 | $0.37 | $0.32 | $0.39 | $0.39 | $0.39 | $0.40 | $0.39 | $0.41 | $0.39 | $0.38 | $0.46 | $0.48 | $0.49 |
| Low Forecast | $0.28 | $0.29 | $0.30 | $0.31 | $0.32 | $0.33 | $0.33 | $0.33 | $0.34 | $0.37 | $0.38 | $0.39 | $0.42 | $0.41 | $0.38 | $0.36 | $0.35 | $0.31 | $0.32 | $0.25 | $0.25 | $0.25 | $0.26 | $0.25 | $0.26 | $0.25 | $0.25 | $0.30 | $0.31 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.13% | 0.96% | -6.46% | 1.90% | - | 0.70% | 1.76% | 0.59% | 2.92% | 1.91% | 2.50% | 2.55% | 2.56% | -3.15% | -0.05% | 0.78% |
According to 4 Wall Street analysts, BlackRock TCP Capital's projected average Quarter EPS for Dec 23 is $0.47, with a low estimate of $0.42 and a high estimate of $0.50. This represents a -4.56% decrease compared to TCPC previous annual EPS of $0.49 (Sep 23).
BlackRock TCP Capital Peer Comparison by Price Target
TCPC Forecast FAQ
Is BlackRock TCP Capital a good buy?
No, according to 2 Wall Street analysts, BlackRock TCP Capital (TCPC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of TCPC's total ratings.
What is TCPC's price target?
BlackRock TCP Capital (TCPC) average price target is $8 with a range of $8 to $8, implying a -10.81% from its last price of $8.97. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will BlackRock TCP Capital stock go up soon?
According to Wall Street analysts' prediction for TCPC stock, the company can go down by -10.81% (from the last price of $8.97 to the average price target of $8), down by -10.81% based on the highest stock price target, and down by -10.81% based on the lowest stock price target.
Can BlackRock TCP Capital stock reach $13?
TCPC's average twelve months analyst stock price target of $8 does not support the claim that BlackRock TCP Capital can reach $13 in the near future.
What is BlackRock TCP Capital's current price target trend?
1 Wall Street analyst forecast a $8 price target for BlackRock TCP Capital (TCPC) this month, down -10.81% from its last price of $8.97. Compared to the last 3 and 12 months, the average price target decreased by -8.03% and decreased by -8.03%, respectively.
What are BlackRock TCP Capital's analysts' financial forecasts?
BlackRock TCP Capital's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $256.5M (high $269.13M, low $234.64M), average EBITDA is $198.61M (high $208.39M, low $181.68M), average net income is $126.46M (high $134.56M, low $112.45M), average SG&A $170.08M (high $178.45M, low $155.58M), and average EPS is $1.48 (high $1.57, low $1.31). TCPC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $234.03M (high $245.56M, low $214.08M), average EBITDA is $181.21M (high $190.13M, low $165.76M), average net income is $114.69M (high $122.03M, low $101.98M), average SG&A $155.18M (high $162.82M, low $141.95M), and average EPS is $1.34 (high $1.43, low $1.19).
Did the TCPC's actual financial results beat the analysts' financial forecasts?
Based on BlackRock TCP Capital's last annual report (Dec 2023), the company's revenue was $209.33M, beating the average analysts forecast of $201.63M by 3.82%. Apple's EBITDA was $106.8M, missing the average prediction of $156.12M by -31.59%. The company's net income was $106.8M, missing the average estimation of $159.32M by -32.96%. Apple's SG&A was $2.17M, missing the average forecast of $104.84M by -97.93%. Lastly, the company's EPS was $1.85, beating the average prediction of $1.77 by 4.64%. In terms of the last quarterly report (Sep 2023), BlackRock TCP Capital's revenue was $54.21M, beating the average analysts' forecast of $52.65M by 2.97%. The company's EBITDA was $28.33M, missing the average prediction of $40.76M by -30.50%. BlackRock TCP Capital's net income was $28.33M, missing the average estimation of $39.93M by -29.04%. The company's SG&A was $745.98K, missing the average forecast of $34.91M by -97.86%. Lastly, the company's EPS was $0.49, beating the average prediction of $0.466 by 5.04%