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Investing.com - Stifel has reiterated its Buy rating and $6.50 price target on TETRA Technologies Inc. (NYSE:TTI), following the company’s investor day presentation. The stock, currently trading at $5.64, has delivered impressive returns of nearly 98% over the past year, according to InvestingPro data.
The company’s management team outlined key growth areas and set a 2030 adjusted EBITDA target of $325 million, representing a 213% increase from Stifel’s current 2025 EBITDA estimate of $103.8 million. The company’s current EBITDA stands at $99M, with InvestingPro analysis showing a GREAT financial health score and attractive P/E ratio of 6.1x.
Stifel identified water desalination and electrolyte sales for energy storage as critical growth drivers for TETRA Technologies, including potential sales to Eos Energy (NASDAQ:EOSE).
The research firm maintained its positive outlook on the company, noting that the investor day presentation reinforced its bullish view on the stock.
Stifel also indicated that if TETRA Technologies achieves its $325 million EBITDA target by 2030, the shares could have "significant upside" according to sensitivity analysis included in the firm’s full research note.
In other recent news, TETRA Technologies Inc. reported its Q2 2025 earnings, surpassing Wall Street expectations. The company achieved an earnings per share of $0.09, exceeding the forecasted $0.08. Revenue also outperformed predictions, reaching $174 million compared to the anticipated $173.65 million. Additionally, Stifel has reiterated its Buy rating on TETRA Technologies with a price target of $6.50. The research firm pointed to insights from a visit to EOSE’s manufacturing facility, suggesting strong future sales of PureFlow from TETRA to EOSE in 2026-2027 and beyond. These developments reflect a positive outlook for TETRA Technologies among analysts and investors.
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