Needham & Company LLC Issues Pessimistic Forecast for Turning Point Brands (NYSE:TPB) Stock Price

Turning Point Brands (NYSE:TPB) had its price target cut by equities research analysts at Needham & Company LLC from $125.00 to $95.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Needham & Company LLC‘s price objective would indicate a potential upside of 47.26% from the company’s current price.

Several other research analysts also recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Turning Point Brands in a report on Friday, August 28th. BTIG Research reissued a “buy” rating on shares of Turning Point Brands in a report on Monday, August 10th. Wall Street Zen raised Turning Point Brands from a “strong sell” rating to a “sell” rating in a report on Monday, August 10th. Oppenheimer reduced their price target on shares of Turning Point Brands from $130.00 to $90.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 22nd. Finally, Compass Point set a $116.00 target price on Turning Point Brands in a research note on Monday, August 10th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Turning Point Brands has an average rating of “Hold” and an average target price of $101.00.

Turning Point Brands Stock Performance

Shares of TPB opened at $64.51 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 4.16 and a current ratio of 5.67. Turning Point Brands has a 52 week low of $54.17 and a 52 week high of $146.90. The company’s 50 day moving average price is $65.21 and its 200 day moving average price is $85.49. The company has a market capitalization of $1.25 billion, a PE ratio of 27.75 and a beta of 1.08.

Turning Point Brands (NYSE:TPB) last posted its earnings results on Monday, November 9th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.20 by $0.21. The firm had revenue of $151.10 million for the quarter, compared to the consensus estimate of $146.68 million. Turning Point Brands had a net margin of 8.78% and a return on equity of 11.35%. The business’s quarterly revenue was up 27.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.27 earnings per share. Research analysts expect that Turning Point Brands will post 1.19 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. GatePass Capital LLC lifted its stake in Turning Point Brands by 13.4% in the third quarter. GatePass Capital LLC now owns 26,753 shares of the company’s stock valued at $1,570,000 after buying an additional 3,153 shares during the period. Bessemer Group Inc. grew its holdings in Turning Point Brands by 15.4% during the third quarter. Bessemer Group Inc. now owns 5,076 shares of the company’s stock worth $298,000 after buying an additional 679 shares in the last quarter. Phoenix Financial Ltd. raised its holdings in shares of Turning Point Brands by 23.4% in the third quarter. Phoenix Financial Ltd. now owns 38,000 shares of the company’s stock valued at $2,234,000 after purchasing an additional 7,200 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of Turning Point Brands by 15.8% during the 3rd quarter. Fifth Third Bancorp now owns 2,797 shares of the company’s stock worth $164,000 after buying an additional 382 shares in the last quarter. Finally, King Luther Capital Management Corp boosted its position in Turning Point Brands by 1.8% in the third quarter. King Luther Capital Management Corp now owns 140,842 shares of the company’s stock worth $8,267,000 after purchasing an additional 2,498 shares during the last quarter. 96.12% of the stock is currently owned by institutional investors and hedge funds.

Key Turning Point Brands News

Here are the key news stories impacting Turning Point Brands this week:

• Positive Sentiment: Q3 net sales rose 27% to $151.1 million, exceeding analysts’ expectations, and earnings per share of $0.41 also topped estimates. Turning Point Brands Announces Third Quarter 2026 Results
• Positive Sentiment: Management outlined a 2026 Modern Oral gross-sales target of $330 million–$350 million and aims to grow chain-store count by more than 70%, signaling plans to expand ALP’s retail reach. 2026 Modern Oral sales and distribution targets
• Neutral Sentiment: ALP opened its first branded nicotine-pouch pop-up in New York City, supported by a citywide advertising campaign. The launch could raise brand awareness, though its sales impact is not yet clear. ALP New York City pop-up announcement
• Negative Sentiment: Despite higher revenue and an earnings beat, quarterly earnings were down substantially from a year earlier. Reports attributed profit pressure to heavy marketing investment, raising concerns that growth initiatives may weigh on near-term margins. Marketing investments impact profit

Turning Point Brands Company Profile

Turning Point Brands, Inc is a U.S.-based manufacturer, marketer and distributor of branded consumer products, with a portfolio focused on tobacco and nicotine products and related accessories. Its products are sold primarily in the United States, with distribution in international markets as well.

The company’s Zig-Zag Products business includes rolling papers, wraps, cones and other products associated with the Zig-Zag brand. Its Stoker’s Products business offers products such as loose-leaf chewing tobacco and moist snuff, along with nicotine pouches sold under brands including Stoker’s and FRE.

Turning Point Brands’ portfolio also includes Beech-Nut tobacco products.