Added to YB: 2026-09-10
Pitch date: 2026-09-07
TPB [bullish]
Turning Point Brands, Inc.
-2.26%
current return
Author Info
No bio for this author
Company Info
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products in the United States and Canada.
Market Cap
$1.5B
Pitch Price
$74.90
Price Target
637.00 (+755%)
Dividend
0.43%
EV/EBITDA
18.66
P/E
32.87
EV/Sales
3.07
Sector
Tobacco
Category
growth
Turning Point Brands: The Nicotine Bet That Could 10x
TPB: Turning Point Brands offers concentrated exposure to nicotine pouches, with Modern Oral reaching 48% of Q2 sales and FRE/ALP sales rising from $22.5M in 2024 to $130M in 2025. A scenario assuming a $10-20B 2030 market, 10% share, 40% EBITDA margins and a 16x multiple yields $318-$637 per share versus roughly $76 today. FDA authorization remains the thesis’s biggest catalyst and risk.
Read full article (23 min)