B. Riley Securities Names Top Stock Picks After Annual Consumer & TMT Conference

B. Riley Securities has released its top investment ideas following its 9th Annual Consumer & TMT Conference in New York City. Analysts at the firm identified nine public companies they believe offer attractive appreciation potential through the end of 2026.

Conference Yields High-Potential Selections

The selections were made after analysts held discussions with management teams from 45 public companies that attended the event. According to B. Riley, the list represents its analysts' highest-conviction ideas among the conference participants, focusing on specific catalysts and growth narratives expected to unfold over the next two years.

B. Riley's Top Picks

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The firm's choices span a diverse range of industries, from AI infrastructure and aerospace to consumer finance and safety equipment. The investment theses highlight factors such as strong order backlogs, favorable valuations, and exposure to high-growth secular trends.

B. Riley's top picks and their respective price targets (PT) are:

• Angel Studios, Inc. (ANGX): A $8 PT is based on rapid subscriber growth, with Guild membership up over 90% year-over-year, and a faster-than-expected path to profitability.
• Backblaze, Inc. (BLZE): The firm set a $24 PT, citing the company's key role as a cloud storage provider for the growing AI ecosystem outside of traditional hyperscalers.
• Cadre Holdings, Inc. (CDRE): A $62 PT is supported by a record order backlog of $368 million and a valuation that B. Riley notes is at a significant discount to its peer group.
• Genius Sports Limited (GENI): With a $10.50 PT, the firm sees strength in the company's betting data and media model heading into a seasonally strong period.
• Intuitive Machines, Inc. (LUNR): A $43 PT reflects a robust $1.8 billion backlog, over $300 million in recent bookings, and major upcoming NASA contract opportunities.
• PROG Holdings, Inc. (PRG): The $64 PT is driven by growth across all segments, particularly its profitable and rapidly scaling BNPL service, and a large share buyback program.
• Real REMAX Group Inc. (REAX): A $65 PT is based on the potential for significant cost and revenue synergies following its acquisition of RE/MAX, which closed in August.
• Silicon Motion Technology Corp. (SIMO): B. Riley set a $350 PT, highlighting the ramp-up of its MonTitan enterprise product and management's ambition to capture a significant share of a $6 billion to $7 billion market by 2029.
• Tecnoglass Holdings Inc. (TGLS): The $55 PT is supported by the company's ability to offset cost pressures with price increases and automation, while trading at a 35% to 40% discount to peers.