P10 (PX)

• Market cap: $1.44B
• 1 day: 1.34%
• 5 days: -2.42%
• 1 month: -1.90%
• 3 months: 18.91%
• 6 months: 55.11%
• Year to date: 34.13%
• 1 year: 26.00%
• 5 years: 6.71%
• 10 years: 6.71%
• Sector: Financials
• Industry: Investment Advice

About: P10 Inc is a player in the alternative asset management sector, specializing in multi-asset class private market solutions. It offers a range of investment solutions, including specialized funds, separate accounts, secondary investments, direct investments, and co-investments across various asset classes and geographies. These solutions cater to diverse investor needs within the private markets, aiming to deliver superior risk-adjusted returns. With a focus on middle and lower-middle markets, the company's portfolio includes Private Equity, Venture Capital, Impact Investing, and Private Credit. Revenue primarily comes from recurring management and advisory fees earned on committed capital, typically locked up for ten to fifteen years.

Employees: 252

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2,989% more call options, than puts

Call options by funds: $5M | Put options by funds: $162K

200% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]

180% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 10

54% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 24

51% more capital invested

Capital invested by funds: $277M [Q2] → $418M (+$141M) [Q3]

22% more funds holding

Funds holding: 83 [Q2] → 101 (+18) [Q3]

13.39% more ownership

Funds ownership: 59.83% [Q2] → 73.22% (+13.39%) [Q3]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $12 7% downside
• Avg. target: $14.43 12% upside
• High target: $21 63% upside

7 analyst ratings

• positive: 3 43%
• neutral: 4 57%
• negative: 0 0%

Oppenheimer Chris Kotowski 88% 1-year accuracy 69 / 78 met price target	63% upside $21	Outperform Maintained	12 Dec 2024
Barclays Benjamin Budish 69% 1-year accuracy 72 / 104 met price target	16% upside $15	Overweight Maintained	9 Dec 2024
JP Morgan Kenneth Worthington 71% 1-year accuracy 24 / 34 met price target	9% upside $14	Neutral Maintained	12 Nov 2024
Stephens & Co. John Campbell 77% 1-year accuracy 24 / 31 met price target	1% upside $13	Overweight Maintained	11 Nov 2024
Morgan Stanley Michael Cyprys 65% 1-year accuracy 22 / 34 met price target	1% upside $13	Equal-Weight Maintained	11 Nov 2024