Turning Point Brands (TPB) Stock Overview
Manufactures, markets, and distributes branded consumer products in the United States and Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
TPB Community Fair Values
Create NarrativeSee what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Turning Point Brands, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$76.12 |
| 52 Week High | US$146.90 |
| 52 Week Low | US$65.80 |
| Beta | 0.92 |
| 1 Month Change | -10.17% |
| 3 Month Change | -2.75% |
| 1 Year Change | -2.77% |
| 3 Year Change | 220.91% |
| 5 Year Change | 43.57% |
| Change since IPO | 652.17% |
Recent News & Updates
Seeking Alpha • Jun 23
Turning Point Brands: White Pouch Nicotine Is Driving Revenue Growth
Summary Turning Point Brands reported strong Q1-2026 financial results with increasing revenue and gross profit. The company's white pouch nicotine products, ALP and FRE, are driving growth. The company's stock price has gained 10% over the last year and is recovering from a sell-off from last February. The stock price is overvalued, but investor sentiment remains strong on the company and sector. I continue my rating of a Hold. Read the full article on Seeking Alpha
Narrative Update • Jun 15
TPB: Modern Oral Guidance And Q1 Execution Will Support Bullish ReRating
Analysts now keep their fair value target for Turning Point Brands steady at $130. The latest tweaks to discount rate and P/E inputs reflect a mixed set of recent research, where one firm cut its target by $5 while another grew more constructive on the stock.Recent updates
Seeking Alpha • Jun 23
Turning Point Brands: White Pouch Nicotine Is Driving Revenue Growth
Summary Turning Point Brands reported strong Q1-2026 financial results with increasing revenue and gross profit. The company's white pouch nicotine products, ALP and FRE, are driving growth. The company's stock price has gained 10% over the last year and is recovering from a sell-off from last February. The stock price is overvalued, but investor sentiment remains strong on the company and sector. I continue my rating of a Hold. Read the full article on Seeking AlphaNarrative Update • Jun 15
TPB: Modern Oral Guidance And Q1 Execution Will Support Bullish ReRating
Analysts now keep their fair value target for Turning Point Brands steady at $130. The latest tweaks to discount rate and P/E inputs reflect a mixed set of recent research, where one firm cut its target by $5 while another grew more constructive on the stock.Narrative Update • Jun 01
TPB: Raised 2026 Modern Oral Guidance Will Support Constructive ReRating
Analysts have adjusted their price target on Turning Point Brands to $130.00 from $132.50. This reflects updated views on revenue growth, profit margins and future P/E assumptions following recent Street research, including a more constructive stance from some firms and a trimmed target from others.Analysis Article • May 15
Turning Point Brands' (NYSE:TPB) Shareholders May Want To Dig Deeper Than Statutory Profit
Turning Point Brands, Inc.'s ( NYSE:TPB ) healthy profit numbers didn't contain any surprises for investors. We think...Narrative Update • Apr 23
TPB: Modern Oral Execution And 2026 Guidance Will Drive Future Upside
Narrative Update on Turning Point Brands The analyst price target for Turning Point Brands was adjusted by $5 in recent research. Analysts cited three key factors behind the move: increased trade spend, a conservative stance in net sales guidance, and expectations surrounding the modern oral pouch category.Narrative Update • Apr 08
TPB: Modern Oral Momentum And 2026 Outlook Will Support Higher Returns
Analysts have lifted their price target on Turning Point Brands to $135, up from $110, citing expectations for healthy 2026 sales growth and confidence that the company can gain share in the modern oral pouch category, despite some uncertainty around increased trade spending. Analyst Commentary Recent research updates highlight a mix of optimism about Turning Point Brands' growth prospects and caution around execution, especially on trade spending and guidance.Narrative Update • Mar 25
TPB: Modern Oral Leadership And 2026 Outlook Will Support Higher Margins
Narrative Update on Turning Point Brands The analyst price target for Turning Point Brands has shifted to $135, up $25 from $110, as analysts point to a potentially conservative sales outlook and see the company as a likely winner in the modern oral pouch category, with healthier growth expected in 2026. Analyst Commentary Recent research updates around Turning Point Brands focus on how realistic current sales guidance is and what that could mean for valuation as the company builds out its position in modern oral pouches.Narrative Update • Mar 11
TPB: Modern Oral Pouch Momentum Will Support Higher Margins Despite Trade Spend Uncertainty
Analysts have lifted their price target on Turning Point Brands to $132.50 from $121.25, citing updated assumptions around net sales expectations, higher projected profit margins, and confidence in the company’s positioning within the modern oral pouch category. Analyst Commentary Analysts are reacting to the latest Q4 report and refreshed guidance by revisiting their assumptions on Turning Point Brands, with several highlighting both upside potential and areas where execution risk could affect how the story plays out.Narrative Update • Feb 24
TPB: Higher Execution Hurdles Will Constrain Upside Despite Refined Forecast Assumptions
Analysts have raised their price target on Turning Point Brands by $10 to reflect updated views on the company, citing recent research that supports a higher fair value outlook for the shares. Analyst Commentary Bullish Takeaways Bullish analysts see the new US$10 higher target as better aligned with their assessment of fair value.Narrative Update • Feb 09
TPB: Nicotine Pouch Expansion And Distribution Gains Will Support Balanced Risk Profile
Analysts have lifted their price target on Turning Point Brands by $10 to $120, citing confidence in the company's positioning in the growing nicotine pouch category and expanding distribution for its FRE and ALP brands across retail and e-commerce channels. Analyst Commentary Recent research points to growing confidence in Turning Point Brands' role in the nicotine pouch category, with the higher price target framed around the company’s exposure to a market that some analysts see reaching more than US$10b by 2030, compared with an estimated US$4b to US$5b currently.Narrative Update • Jan 25
TPB: Nicotine Pouch Category Expansion Will Support Balanced Long Term Risk Profile
Narrative Update on Turning Point Brands Analysts have nudged their price target on Turning Point Brands higher to about $121 from $119, citing continued confidence in the nicotine pouch category, expanding retail distribution for the FRE brand, and ongoing e-commerce and retail traction for ALP, along with a slightly higher assumed future P/E multiple. Analyst Commentary Recent price target increases for Turning Point Brands reflect how analysts are weighing growth in nicotine pouches, brand execution in both retail and e-commerce, and the valuation they are willing to assign through a higher assumed P/E multiple.Narrative Update • Jan 11
TPB: Nicotine Pouch Category Execution Will Support Balanced Long Term Risk Profile
Narrative Update: Turning Point Brands Analysts have lifted their price targets on Turning Point Brands to as high as $120, citing confidence in the growing nicotine pouch category, an unchanged fair value estimate of $118.75, and ongoing traction for the FRE and ALP brands across retail and e-commerce channels. Analyst Commentary Recent Street research on Turning Point Brands centers on the nicotine pouch category, brand execution across retail and e-commerce, and the implications for valuation as price targets move higher.Analysis Article • Jan 04
Investors Met With Slowing Returns on Capital At Turning Point Brands (NYSE:TPB)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Narrative Update • Dec 20
TPB: Nicotine Pouch Expansion Will Support Balanced Long Term Risk Reward Profile
Analysts have nudged their price target on Turning Point Brands higher to $120 from $110, citing the company’s strong execution in the fast growing nicotine pouch category and its expanding retail and e commerce presence. Analyst Commentary Recent research notes reflect a generally constructive view on Turning Point Brands, with analysts highlighting strong execution in nicotine pouches and consistent financial performance as key drivers of upside to the stock’s valuation.Narrative Update • Dec 06
TPB: Expanding Nicotine Pouch Distribution Will Drive Long Term Earnings Power
Analysts have raised their price target on Turning Point Brands to $120 from $110, citing sustained double digit growth from the rapidly expanding nicotine pouch category and broader distribution gains across both retail and e commerce channels. Analyst Commentary Bullish analysts point to a strengthening fundamental story, arguing that the higher price target is supported by accelerating pouch adoption, rising profitability, and growing visibility into long term category growth.Narrative Update • Nov 22
TPB: Expanding Retail Distribution Will Drive Nicotine Pouch Category Upside
Turning Point Brands' fair value estimate has been raised to $118.75, up $2.50. Analysts cite accelerating revenue growth and ongoing success in the nicotine pouch category for their more optimistic outlook.Narrative Update • Nov 07
TPB: Pouch Sales Momentum Will Drive New Market Expansion Ahead
The analyst price target for Turning Point Brands has increased from $107.75 to $116.25. Analysts cite continued strong quarterly performance and growth in pouch sales as supportive factors for this upward revision.Analysis Article • Aug 17
Turning Point Brands, Inc.'s (NYSE:TPB) 26% Share Price Surge Not Quite Adding Up
NYSE:TPB 1 Year Share Price vs Fair Value Explore Turning Point Brands's Fair Values from the Community and select...Narrative Update • Aug 07
Modern Oral And Hemp Trends Will Capture Expanding Markets
Despite reduced revenue growth forecasts, a notable increase in net profit margin has driven analysts to raise Turning Point Brands' fair value estimate from $90.50 to $96.50. What's in the News Increased full-year 2025 earnings guidance, with Modern Oral sales now expected at $100 million to $110 million, up from $80 million to $95 million.Analysis Article • Aug 01
Calculating The Intrinsic Value Of Turning Point Brands, Inc. (NYSE:TPB)
Key Insights The projected fair value for Turning Point Brands is US$91.14 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Jul 08
There's Been No Shortage Of Growth Recently For Turning Point Brands' (NYSE:TPB) Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Analysis Article • May 08
Turning Point Brands, Inc. (NYSE:TPB) Stocks Shoot Up 47% But Its P/E Still Looks Reasonable
Turning Point Brands, Inc. ( NYSE:TPB ) shares have had a really impressive month, gaining 47% after a shaky period...Analysis Article • May 01
Shareholders Will Probably Hold Off On Increasing Turning Point Brands, Inc.'s (NYSE:TPB) CEO Compensation For The Time Being
Key Insights Turning Point Brands' Annual General Meeting to take place on 8th of May Salary of US$772.5k is part of...Analysis Article • Apr 05
Under The Bonnet, Turning Point Brands' (NYSE:TPB) Returns Look Impressive
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Seeking Alpha • Mar 01
Turning Point Brands: Little Asymmetrical Upside Left (Rating Downgrade)
Summary Turning Point Brands' preliminary Q4 results show accelerating momentum following the December launch of Alp nicotine pouches. Profitability took a slight hit. TPB is distancing itself from the CDS segment with restructuring, now only holding 49% equity and operating the underperforming segment on an arm's length basis. After TPB's continued rally, little asymmetrical upside remains. I estimate a fair value of $74.7. Read the full article on Seeking AlphaAnalysis Article • Feb 13
Subdued Growth No Barrier To Turning Point Brands, Inc. (NYSE:TPB) With Shares Advancing 25%
Turning Point Brands, Inc. ( NYSE:TPB ) shareholders have had their patience rewarded with a 25% share price jump in...Seeking Alpha • Dec 30
Turning Point Brands: Scaling An Alp With Tucker Carlson
Summary Turning Point Brands has seen a significant turnaround, driven by reduced reliance on vaping products, and entrance into the nicotine pouch category. The company's nicotine pouch brand FRĒ, relaunched in 2023, has shown impressive growth, with further potential for a similar product called Alp sold through a joint venture with Tucker Carlson Media. Zig-Zag's performance has been underwhelming due to increased competition and a shift in demand, but efforts to reposition the brand are paying off. Turning Point Brands could become an acquisition target for major tobacco companies looking to strengthen their US nicotine pouch portfolio, particularly Japan Tobacco or Imperial Brands. Read the full article on Seeking AlphaSeeking Alpha • Dec 18
Turning Point Brands: Alp Is Off To A Fast Start
Summary Turning Point Brands' joint venture with Tucker Carlson for Alp nicotine pouches has launched, with pre-orders shipping during December. Initial web traffic data shows quite strong demand for Alp. TPB also intriguingly filed an at-the-market sales agreement to support nicotine pouch growth investments. TPB's Q3 performance shows solid underlying growth in Zig-Zag and FRE nicotine pouches. TPB's valuation is beginning to reflect the growth prospects, but I still estimate 25% upside to a fair value of around $75.8. Read the full article on Seeking AlphaAnalysis Article • Dec 09
Turning Point Brands, Inc.'s (NYSE:TPB) Intrinsic Value Is Potentially 47% Above Its Share Price
Key Insights The projected fair value for Turning Point Brands is US$94.24 based on 2 Stage Free Cash Flow to Equity...Shareholder Returns
| TPB | US Tobacco | US Market | |
|---|---|---|---|
| 7D | -8.1% | -4.1% | -2.0% |
| 1Y | -2.8% | -16.8% | 15.1% |
Return vs Industry: TPB exceeded the US Tobacco industry which returned -16.8% over the past year.
Return vs Market: TPB underperformed the US Market which returned 15.1% over the past year.
Price Volatility
| TPB volatility | |
|---|---|
| TPB Average Weekly Movement | 7.3% |
| Tobacco Industry Average Movement | 13.7% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: TPB has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: TPB's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | 484 | Graham Purdy | www.turningpointbrands.com |
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products in the United States and Canada. The company operates through two segments, Zig-Zag Products and Stoker’s Products. Its Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products, as well as lighters and other accessories under the Zig-Zag brand.
Turning Point Brands, Inc. Fundamentals Summary
| TPB fundamental statistics | |
|---|---|
| Market cap | US$1.42b |
| Earnings (TTM) | US$55.44m |
| Revenue (TTM) | US$480.90m |
26.6x
P/E Ratio3.1x
P/S RatioIs TPB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TPB income statement (TTM) | |
|---|---|
| Revenue | US$480.90m |
| Cost of Revenue | US$207.91m |
| Gross Profit | US$273.00m |
| Other Expenses | US$217.56m |
| Earnings | US$55.44m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 04, 2026
| Earnings per share (EPS) | 2.86 |
| Gross Margin | 56.77% |
| Net Profit Margin | 11.53% |
| Debt/Equity Ratio | 76.2% |
How did TPB perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield10%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/24 21:57 |
| End of Day Share Price | 2026/07/24 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Turning Point Brands, Inc. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aaron Grey | Alliance Global Partners |
| Gaurav Jain | Barclays |
| Susan Anderson | B. Riley Securities, Inc. |