Trinity Capital

TRIN · NASDAQ

$16.11+$0.00 (+0.00%)TodayMarket closed · Oct 21, 4:01 AM ET

Prev close $16.11

TRIN analyst rating

HoldConsensus of 3 analysts over the last 12 months. 33% rate it a buy.

Strong buy0
Buy1
Hold1
Underperform1
Sell0

12-month price target · 11 analysts

Average $18.87 (+17.1% upside)

Low: $15.15
Now: $16.11
High: $22.05

Upgrades and downgrades

The latest rating actions, newest first

TRIN analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keefe, Bruyette & Woods	Aug 6, 2026	Maintains	Market Perform	$16.00 → $16.50	36%
Keefe, Bruyette & Woods	May 7, 2026	Maintains	Market Perform	$15.00 → $16.00	36%
Wells Fargo	May 7, 2026	Maintains	Underweight	$13.50 → $15.00	50%
Citizens	Dec 8, 2025	Initiates	Market Outperform	$17.50	33%

The case for and against

Updated Oct 23, 2025

Bull case

Trinity Capital Inc. has demonstrated a solid financial position, with total leverage increasing to 1.15x from 1.01x and net leverage rising to 1.14x from 0.99x in the previous quarter, indicating a strategic use of debt to enhance growth. Additionally, the rise in KBW watchlist investments to 3.2% from 2.9% reflects improved confidence in the company’s investment portfolio and its growth potential. The company has also shown significant growth over the years, driven by equity raises and off-balance-sheet investments in its Registered Investment Advisor (RIA) and joint ventures, which may further bolster its financial stability and market position.

Bear case

Trinity Capital Inc. has reported a decline in operating earnings, which fell short of estimates, while core yields continue to decrease, contributing to a weaker financial performance. Additionally, the company's net asset value (NAV) decreased by 2.2%, reflecting a drop from $13.35 to $13.05, indicating potential challenges in asset valuation. Furthermore, as the portfolio yield declines, the company faces increasing difficulty in generating sufficient returns to sustain its dividend, raising concerns about its overall financial health.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.