Trinity Capital Inc has a consensus price target of $14.16 based on the ratings of 8 analysts. The high is $16.5 issued by UBS on March 18, 2024. The low is $11 issued by Keefe, Bruyette & Woods on March 13, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, B. Riley Securities, and UBS on October 29, 2024, May 2, 2024, and March 18, 2024, respectively. With an average price target of $15.17 between Wells Fargo, B. Riley Securities, and UBS, there's an implied 6.66% upside for Trinity Capital Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Trinity Cap (NASDAQ:TRIN) was reported by Wells Fargo on October 29, 2024. The analyst firm set a price target for $13.00 expecting TRIN to fall to within 12 months (a possible -8.58% downside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Trinity Cap (NASDAQ:TRIN) was provided by Wells Fargo, and Trinity Cap maintained their equal-weight rating.
The last upgrade for Trinity Capital Inc happened on August 22, 2023 when Compass Point raised their price target to $15.5. Compass Point previously had a neutral for Trinity Capital Inc.
The last downgrade for Trinity Capital Inc happened on March 13, 2023 when Keefe, Bruyette & Woods changed their price target from $13.5 to $11 for Trinity Capital Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Trinity Cap, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Trinity Cap was filed on October 29, 2024 so you should expect the next rating to be made available sometime around October 29, 2025.
While ratings are subjective and will change, the latest Trinity Cap (TRIN) rating was a maintained with a price target of $14.00 to $13.00. The current price Trinity Cap (TRIN) is trading at is $14.22, which is out of the analyst’s predicted range.
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