Stifel Maintains ‘Buy’ Rating on TETRA Technologies, Inc. (TTI) Following Strong Q1 Performance

TETRA Technologies, Inc. (NYSE:TTI), a cheaply priced stock popular among hedge funds and offering upside potential, is included in our list of the 10 Cheap Lithium Stocks to Buy According to Hedge Funds.

Stifel Maintains ‘Buy’ Rating on TETRA Technologies, Inc. (TTI) Following Strong Q1 Performance

A vast oil and gas rig silhouetted in the sunset, capturing the power of Swift Energy Company.

On July 16, 2025, Stifel decreased its price target on TETRA Technologies, Inc. (NYSE:TTI) from $6.50 to $6, maintaining a ‘Buy’ rating. The analyst attributed the price revision to ongoing sector underperformance and limited short-term growth catalysts. However, the analyst sees long-term potential in the stock with its bullish rating.

The analyst’s optimism is driven by the company’s strong performance in Q1 2025. The company posted a 41% sequential increase in its adjusted EBITDA, taking it to $32.3 million, the highest Q1 EBITDA. Meanwhile, it reported revenue of $157 million, an increase of 17% from the previous quarter. Its free cash flow reached $15.4 million, thanks to $19 million in proceeds from a stake sale in Kodiak Gas Services. Amid the softness in its U.S. Water & Flowback segment during that period, the company noticed margins improving through cost controls and automation.

With growth expected in the company’s EBITDA in 2025 through opportunities from a deepwater Brazil project and seasonal gains in Europe, TETRA Technologies, Inc. (NYSE:TTI) is well-positioned for steady growth.

With its Completion Fluids & Products and Water & Flowback Services, TETRA Technologies, Inc. (NYSE:TTI) offers energy solutions and services. It is included in our list of cheap lithium stocks.

While we acknowledge the potential of TTI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TTI and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.