Wells Fargo & Company Lowers Blackrock Tcp Capital (NASDAQ:TCPC) Price Target to $3.50

Blackrock Tcp Capital (NASDAQ:TCPC) had its target price decreased by equities research analysts at Wells Fargo & Company from $5.50 to $3.50 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has an “underweight” rating on the investment management company’s stock. Wells Fargo & Company‘s price objective points to a potential downside of 11.84% from the stock’s current price.

Several other analysts have also commented on the company. Wall Street Zen raised Blackrock Tcp Capital from a “sell” rating to a “hold” rating in a report on Sunday, November 2nd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Blackrock Tcp Capital in a research report on Monday, December 29th. Finally, Zacks Research lowered shares of Blackrock Tcp Capital from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. One analyst has rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Strong Sell” and a consensus target price of $3.50.

Blackrock Tcp Capital Trading Down 3.4%

Shares of Blackrock Tcp Capital stock opened at $3.97 on Monday. The firm has a 50-day simple moving average of $5.16 and a two-hundred day simple moving average of $5.81. The company has a debt-to-equity ratio of 1.42, a quick ratio of 14.55 and a current ratio of 14.55. Blackrock Tcp Capital has a fifty-two week low of $3.83 and a fifty-two week high of $8.36. The company has a market cap of $334.79 million, a P/E ratio of -3.78 and a beta of 0.91.

Blackrock Tcp Capital (NASDAQ:TCPC) last posted its earnings results on Friday, February 27th. The investment management company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.03). The business had revenue of $27.13 million for the quarter, compared to analyst estimates of $46.99 million. Blackrock Tcp Capital had a negative net margin of 44.07% and a positive return on equity of 14.28%. As a group, equities analysts predict that Blackrock Tcp Capital will post 1.65 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Blackrock Tcp Capital

A number of hedge funds have recently modified their holdings of TCPC. North Ground Capital purchased a new stake in Blackrock Tcp Capital in the 3rd quarter valued at $3,100,000. Next Capital Management LLC raised its holdings in shares of Blackrock Tcp Capital by 111.6% during the 3rd quarter. Next Capital Management LLC now owns 2,401,416 shares of the investment management company’s stock worth $14,889,000 after acquiring an additional 1,266,590 shares during the period. Ethos Financial Group LLC acquired a new position in shares of Blackrock Tcp Capital during the 3rd quarter valued at about $589,000. Access Investment Management LLC acquired a new position in shares of Blackrock Tcp Capital during the 2nd quarter valued at about $418,000. Finally, Mission Wealth Management LP purchased a new stake in shares of Blackrock Tcp Capital in the second quarter valued at about $114,000.

Trending Headlines about Blackrock Tcp Capital

Here are the key news stories impacting Blackrock Tcp Capital this week:

• Neutral Sentiment: Q4 2025 earnings call transcript is available for review — may be useful for investors assessing management commentary and financials but not itself new negative news. Earnings Transcript
• Neutral Sentiment: Short-interest postings in the feed show zero/NaN values and inconsistent days-to-cover calculations — data appears unreliable and should not be treated as a clear short-squeeze signal.
• Negative Sentiment: Multiple securities class-action notices and law-firm solicitations have been issued (Rosen, Pomerantz, Bernstein Liebhard, Gross, Faruqi & Faruqi), all pointing to the same alleged class period and the April 6, 2026 lead-plaintiff deadline — escalating perceived litigation risk, potential settlement exposure and legal costs for TCPC shareholders. Links: Rosen (Newsfile) Rosen Release, Pomerantz (GlobeNewswire) Pomerantz Release, Bernstein Liebhard (GlobeNewswire) Bernstein Release, Gross (PR Newswire) Gross Release, Faruqi (Newsfile) Faruqi Release.
• Negative Sentiment: Analyst pressure: Keefe, Bruyette & Woods reaffirmed an “underperform” rating and cut the price target to $3.50 (from $7.00), and Wells Fargo lowered its target to $3.50 and moved to underweight — both imply more downside vs. recent levels and reinforce selling pressure. Read more via Benzinga/Finviz links cited in reports. Analyst Note

About Blackrock Tcp Capital

BlackRock TCP Capital Corp is a publicly traded business development company (BDC) listed on the NASDAQ under the ticker TCPC. Externally managed by BlackRock, the firm provides customized financing solutions to U.S. middle-market companies, with a focus on sponsor-backed transactions. Its core strategy centers on delivering current income and capital appreciation through a diversified portfolio of debt and equity investments across a variety of sectors, including consumer products, healthcare, business services and industrials.

Since its initial public offering in 2013, BlackRock TCP Capital has partnered with private equity sponsors to underwrite and structure senior secured first-lien loans, second-lien loans, mezzanine debt and select equity co-investments.