Tetra Technologies

TTI · NYSE

$5.36+$0.12 (+2.29%)TodayMarket closed · Oct 20, 7:59 PM ET

Prev close $5.24

TTI analyst rating

BuyConsensus of 5 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy5
Hold0
Underperform0
Sell0

12-month price target · 6 analysts

Average $11.32 (+111.2% upside)

Low: $10.10
Now: $5.36
High: $12.60

Upgrades and downgrades

The latest rating actions, newest first

TTI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Clear Street	Oct 6, 2026	Upgrade	Hold → Buy	$11.00	40%
Stifel	Sep 23, 2026	Maintains	Buy	$13.00 → $12.00	51%
Northland Capital Markets	Jun 30, 2026	Maintains	Outperform	$11.50 → $14.00	63%
Clear Street	Jan 21, 2026	Downgrade	Buy → Hold	$10.00 → $11.00	40%
Stifel	Jan 12, 2026	Maintains	Buy	$9.00 → $13.00	51%
Northland Capital Markets	Dec 31, 2025	Maintains	Outperform	$8.50 → $11.50	28%
CJS Securities	Dec 11, 2025	Initiates	Outperform	$11.50	25%

The case for and against

Updated Jan 19, 2026

Bull case

Tetra Technologies Inc. is projected to experience robust growth, with management guiding for 2030 revenue to reach between $430 million and $460 million, representing a compound annual growth rate (CAGR) of over 25% from $138 million as of Q2 2025. The company anticipates adjusted EBITDA to increase by 180%, reaching $325 million at the midpoint of its forecast range, signaling strong operational efficiency and profitability potential. Additionally, improvements in their net leverage ratio from 1.5x to 1.2x reflect enhanced financial stability, while future contributions from the EOS battery revenue and the water desalination business are expected to drive further growth and margin expansion through 2030 and beyond.

Bear case

Tetra Technologies Inc. faces challenges that contribute to a negative outlook on its stock, primarily stemming from its reliance on the oil and gas sector, where a potential decline in natural gas or oil prices could significantly reduce demand for the company's services. Additionally, the company risks facing increased competition and new technologies in essential areas such as water desalination, which may further erode its market position. Despite a slight upward adjustment in FY25 EBITDA guidance to $107 million, concerns about demand fluctuations and delivery timelines highlight underlying vulnerabilities in the company's operations.

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.