TriplePoint Venture Growth (TPVG) AI Stock Analysis

• Market Cap: $268.66M
• Dividend Yield: 17.28%
• Average Volume (3M): 418.00K
• Price to Earnings (P/E): 7.9
• Beta (1Y): 0.80
• Revenue Growth: 206.13%
• EPS Growth: 298.86%
• Country: US
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.26
• Shares Outstanding: 40,399,796
• 10 Day Avg. Volume: 388,627
• 30 Day Avg. Volume: 417,996
• PEG Ratio: -0.05
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 4.05
• P/FCF Ratio: 1.89
• Enterprise Value/Market Cap: 2.50
• Enterprise Value/Revenue: 10.13
• Enterprise Value/Gross Profit: 15.26
• Enterprise Value/Ebitda: 19.84
• 1Y Price Target: $6.25
• Price Target Upside: -6.02% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: $7.00 ▲(5.26% Upside)

The score is driven mainly by improving but still volatile financial performance (rebound profitability and positive cash flow offset by uneven history and declining revenue) and a constructive technical setup. Valuation is notably favorable (low P/E and high dividend yield), while earnings-call risks—declining portfolio yield, higher nonaccruals, and the 2026 note maturity—temper the overall rating.

Positive Factors

Strong Liquidity and Reduced Leverage

Improved liquidity and reduced leverage enhance financial flexibility, allowing TPVG to capitalize on growth opportunities and manage risks effectively.

Increased Investment Activity

The surge in investment activity, particularly in AI, indicates strong market demand and potential for future revenue growth, reinforcing TPVG's strategic positioning.

Portfolio Diversification and Sector Rotation

Diversification into high-growth sectors reduces risk and positions TPVG to benefit from structural industry trends, enhancing long-term stability and growth.

Negative Factors

Unrealized Losses and NAV Pressure

Unrealized losses can impact net asset value and investor confidence, posing a challenge to maintaining financial health and capital raising capabilities.

Non-Accrual and Watch List Companies

Non-accrual status and watch-listed companies highlight credit risk, potentially affecting income stability and necessitating tighter risk management.

Decrease in Total Investment Income

A decline in investment income signals challenges in maintaining revenue growth, impacting profitability and necessitating strategic adjustments.

TriplePoint Venture Growth Business Overview & Revenue Model

Company Description

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.

How the Company Makes Money

TPVG generates revenue primarily through interest income from its debt investments and financing solutions provided to venture growth stage companies. The company earns money by charging interest on the loans and credit facilities it provides, as well as through origination and other fees associated with its financing activities. TPVG's earnings are also influenced by its ability to maintain strong relationships with venture capital firms, which often refer high-quality investment opportunities, and by managing the credit risk of its portfolio effectively.

TriplePoint Venture Growth Financial Statement Overview

Summary

TriplePoint Venture Growth shows mixed financial health. Positive cash flow and reduced leverage are strong indicators of improved operational efficiency and debt management. However, persistent net losses and fluctuating revenue growth highlight challenges in profitability. Continued focus on stabilizing revenue and managing costs is essential.

Income Statement

The revenue growth fluctuated significantly, with a sharp decline in 2024 after a spike in 2023. EBIT margin shows moderate profitability but net income has been negative for recent years, indicating potential challenges in managing operating costs.

Balance Sheet

The company shows a strong equity position with a low debt-to-equity ratio in 2024, indicating reduced leverage. However, the equity ratio is declining, suggesting increased liabilities relative to assets, which could be a potential risk if not managed.

Cash Flow

The operating cash flow has improved significantly, turning positive in 2024, which is a strong indicator of improved operational efficiency. Free cash flow is also positive, indicating good cash generation, although past fluctuations indicate a need for consistent cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	66.41M	71.19M	5.97M	13.39M	100.74M	57.50M
Gross Profit	44.08M	45.53M	-27.07M	-9.51M	87.35M	44.77M
EBITDA	33.91M	32.05M	-39.82M	-20.07M	76.56M	35.31M
Net Income	33.91M	32.05M	-39.82M	-20.07M	76.56M	35.31M
Balance Sheet
Total Assets	835.51M	763.04M	978.83M	1.01B	927.67M	683.51M
Cash, Cash Equivalents and Short-Term Investments	20.03M	45.90M	153.33M	51.49M	51.27M	38.22M
Total Debt	0.00	398.83M	607.90M	566.98M	467.50M	261.11M
Total Liabilities	480.46M	417.35M	632.52M	594.59M	493.18M	283.07M
Stockholders Equity	355.05M	345.69M	346.31M	419.94M	434.49M	400.44M
Cash Flow
Free Cash Flow	52.61M	152.92M	49.23M	-100.89M	-144.68M	30.42M
Operating Cash Flow	52.61M	152.92M	49.23M	-100.89M	-144.68M	30.42M
Investing Cash Flow	-93.63M	0.00	56.92M	-421.00M	-417.37M	30.16M
Financing Cash Flow	21.06M	-245.78M	6.17M	101.00M	159.15M	-42.35M

TriplePoint Venture Growth Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TPVG, the sentiment is Positive. The current price of 6.65 is above the 20-day moving average (MA) of 6.43, above the 50-day MA of 6.15, and above the 200-day MA of 5.99, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 62.38 is Neutral, neither overbought nor oversold. The STOCH value of 67.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TPVG.

TriplePoint Venture Growth Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRIN	77 Outperform	$1.22B	7.37	16.18%	13.53%	33.44%	25.22%
TPVG	69 Neutral	$268.66M	7.90	9.43%	17.28%	206.13%	298.86%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SSSS	67 Neutral	$241.14M	3.95	35.45%	5.39%	―	―
LIEN	64 Neutral	$246.23M	7.46	17.13%	13.03%	315.14%	116.85%
SCM	60 Neutral	$384.13M	12.18	8.20%	12.83%	90.34%	-44.25%
PNNT	57 Neutral	$402.22M	12.29	6.83%	16.61%	-3.09%	200.66%

TriplePoint Venture Growth Corporate Events

TriplePoint Venture Growth Amends Credit Facility Terms

On November 25, 2025, TriplePoint Venture Growth BDC Corp. amended its revolving credit facility, extending the revolving period to November 30, 2027, and the maturity date to May 30, 2029. The amendment also includes favorable terms such as reduced interest rates and increased advance rates, enhancing the company’s financial flexibility. This move reflects the confidence of its banking partners in TPVG’s long-term strategy and supports its operations amidst strong demand from high-quality venture growth stage companies in sectors like AI and software.

The most recent analyst rating on (TPVG) stock is a Sell with a $5.50 price target. To see the full list of analyst forecasts on TriplePoint Venture Growth stock, see the TPVG Stock Forecast page.

TriplePoint Venture Growth Reports Strong Q3 2025 Results

In its third quarter 2025 financial results, TriplePoint Venture Growth BDC Corp. reported a significant increase in signed term sheets, commitments, and fundings, marking the highest levels since 2022. The company achieved a net increase in net assets from operations of $0.38 per share and declared a fourth quarter regular distribution of $0.23 per share along with a supplemental distribution of $0.02 per share. The company’s strategic focus on scaling and diversifying its portfolio has resulted in the addition of 19 new portfolio companies in 2025, positioning it for long-term growth and stability.

The most recent analyst rating on (TPVG) stock is a Hold with a $7.25 price target. To see the full list of analyst forecasts on TriplePoint Venture Growth stock, see the TPVG Stock Forecast page.