TruBridge (NASDAQ:TBRG – Free Report) had its price target reduced by Stephens from $20.00 to $18.00 in a report released on Wednesday morning,Benzinga reports. They currently have an equal weight rating on the stock.
Several other research analysts have also weighed in on TBRG. Wall Street Zen raised TruBridge from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 18th. Zacks Research upgraded TruBridge from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TruBridge in a research note on Wednesday, January 28th. Finally, Royal Bank Of Canada started coverage on TruBridge in a report on Friday, January 9th. They issued a “sector perform” rating and a $23.00 target price on the stock. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $20.17.
Read Our Latest Research Report on TBRG
TruBridge Stock Up 6.9%
TruBridge (NASDAQ:TBRG – Get Free Report) last issued its earnings results on Tuesday, March 31st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.38. The business had revenue of $87.79 million for the quarter, compared to analysts’ expectations of $87.60 million. TruBridge had a return on equity of 12.23% and a net margin of 0.85%. Equities research analysts forecast that TruBridge will post 0.07 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Millennium Management LLC raised its stake in shares of TruBridge by 20.9% during the 1st quarter. Millennium Management LLC now owns 226,172 shares of the company’s stock worth $6,224,000 after purchasing an additional 39,090 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of TruBridge in the 1st quarter valued at approximately $221,000. Goldman Sachs Group Inc. grew its stake in shares of TruBridge by 31.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 152,668 shares of the company’s stock valued at $4,201,000 after buying an additional 36,838 shares in the last quarter. Geode Capital Management LLC increased its holdings in TruBridge by 77.6% in the second quarter. Geode Capital Management LLC now owns 268,548 shares of the company’s stock worth $6,291,000 after buying an additional 117,298 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in TruBridge by 128.2% in the second quarter. JPMorgan Chase & Co. now owns 101,107 shares of the company’s stock worth $2,368,000 after buying an additional 56,805 shares during the last quarter. 88.64% of the stock is owned by institutional investors and hedge funds.
Key TruBridge News
Here are the key news stories impacting TruBridge this week:
- Positive Sentiment: Q4 earnings beat — TruBridge reported $0.79 EPS vs. consensus ~$0.41 and revenue roughly in line, demonstrating operating improvement that likely drove positive investor sentiment. TruBridge (TBRG) Beats Q4 Earnings Estimates
- Neutral Sentiment: Company outlook — TruBridge expects modest 2026 revenue growth and anticipates ~200 bps of adjusted EBITDA margin improvement while conducting a strategic review. This signals operational progress but limited near-term top-line upside. TruBridge expects modest 2026 revenue growth while anticipating 200 bps adjusted EBITDA
- Negative Sentiment: Regulatory / litigation risk — Multiple investor-law firms (Kirby McInerney, Rosen) have launched or advertised investigations alleging potentially misleading disclosures; Kirby McInerney highlights TruBridge’s March disclosure that it could not timely file its 2025 Annual Report due to “errors,” which elevates governance and disclosure risk. TBRG INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving TruBridge, Inc.
- Negative Sentiment: Additional legal outreach — Rosen Law Firm is soliciting TruBridge investors for a potential securities class action, adding to litigation uncertainty and potential future liabilities or distractions for management. ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages TruBridge, Inc. Investors to Inquire
- Negative Sentiment: Analyst action — Stephens cut its price target from $20 to $18 and maintained an “equal weight” rating, reducing near-term upside implied by sell‑side guidance. Stephens Lowers Price Target on TruBridge to $18 (TickerReport)
About TruBridge
TruBridge, Inc is a technology solutions provider specializing in digital transformation and managed services for enterprise clients. The company focuses on helping organizations modernize and optimize their IT environments by leveraging cloud technologies, collaboration platforms, and security solutions. TruBridge’s core business activities include consulting, implementation, migration, training and ongoing support for Microsoft 365, Azure and related cloud services.
TruBridge offers a comprehensive suite of services designed to guide clients through every stage of their cloud adoption journey.
Featured Stories
Receive News & Ratings for TruBridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TruBridge and related companies with MarketBeat.com's FREE daily email newsletter.
