Roth Capital Upgrades TALO to Buy with Price Target at $17
Roth Capital's analyst Leo Mariani upgrades TALO to a buy with a new price target of $17, a 31.68% upside from the current price.
Key Points
- Roth Capital's Leo Mariani upgraded TALO, setting a new price target of $17 on July 1, 2026.
- Roth Capital's $17 price target implies 31.68% upside from Talos Energy Inc.'s ($TALO) current $12.91 share price.
- TALO shares traded near $12.91 on Wednesday, with recent insider selling and institutional activity.
- Analysts have mixed views, with Citigroup maintaining a buy and Mizuho holding a neutral stance.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Roth Capital's analyst Leo Mariani has upgraded his rating on TALO, raising it to a "buy" with a new price target of $17. This change was announced on July 1, 2026.
Roth Capital vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Other Institutional Activity in TALO
BlackRock, Inc. slightly reduced its holdings by 64,705 shares, ending with 19,559,728 shares valued at about $308.3 million. Dimensional Fund Advisors LP increased its stake by 501,552 shares, totaling 9,468,553 shares worth roughly $149.2 million, reflecting a 5.6% increase. State Street Corp boosted its position by 1,675,628 shares, now holding 8,006,949 shares valued at $126.2 million, marking a 26.5% rise. In contrast, SourceRock Group LLC cut its holdings by 2,623,930 shares, resulting in 7,949,403 shares valued at about $125.3 million, a 24.8% decrease. Vanguard Capital Management LLC opened a new position with 5,343,393 shares worth approximately $84.2 million.
Talos Energy Inc. Stock Down 22.6%
Shares of TALO traded near $12.91 on Wednesday. The stock has seen varied institutional activity recently, with some funds increasing their stakes while others have reduced them.
$TALO price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Talos Energy Inc.
Control Empresarial de Capitales S.A. de C.V. sold 339,568 shares at $16.80 on May 20, 2026, and 150,000 shares at $16.38 on May 19, 2026. On May 18, 2026, they sold 284,000 shares at $16.38. Earlier in the year, on March 5, 2026, Executive Vice President and Head of Operations John Spath, President and CEO Paul Goodfellow, and CFO Zachary Dailey each purchased shares at no cost.
Analysts Set New Price Targets
On July 1, 2026, Roth Capital upgraded TALO to a "buy" rating with a $17 price target. Previously, Mizuho maintained a "hold" rating with an $18 target on May 27, 2026, while Citigroup kept a "buy" rating with a $20 target on May 26, 2026. JP Morgan also maintained a "hold" with a $17 target on May 13, 2026.
Bottom Line
Roth Capital's upgrade to a "buy" with a $17 target reflects a positive outlook on TALO. Investors should note that institutional and insider activities can provide insights, but they are backward-looking. Analysts have mixed views, with some maintaining bullish positions while others remain neutral.
Get Talos Energy Inc. alerts
New 13F filings, insider trades, and analyst moves on $TALO, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.