{
  "id": 8055383,
  "title": "Top Picks from B. Riley Securities Consumer & TMT Conference",
  "url": "https://urgent.news/2026/09/17/top-picks-from-b-riley-securities-consumer-tmt-conference",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T16:13:40.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/top-picks-from-b-riley-securities-consumer--tmt-conference-93CH-4906122"
  },
  "original_language": "en",
  "account": "B. Riley Securities has highlighted its top investment picks following its 9th Annual Consumer & TMT Conference in New York City. The conference featured management discussions with analysts from 45 public companies. Analysts selected stocks from attendees they believe have strong appreciation potential by year-end 2026.\n\nAngel Studios (ANGX) is noted for its growing subscriber base, reaching 3 million as of mid-September, up over 90% year-over-year. The company anticipates reaching profitability earlier than expected, with an AEBITDA loss target of less than $25 million for 2026. With a current price target of $8, the stock offers a 50% return potential.\n\nBackblaze (BLZE) operates as a storage provider in the growing AI ecosystem, with a focus on cloud storage services. The company has raised its full-year forecast and plans to significantly increase performance and capacity. It has also announced a $150 million convertible senior notes offering.\n\nCadre Holdings (CDRE) delivered a strong second-quarter beat-and-raise, with sales, AEBITDA, and earnings per share above estimates. The company's backlog hit a second consecutive record at $368 million. Despite trading at a low multiple of 10x fiscal year 2026E AEBITDA, the stock offers potential with a price target of $62.\n\nGenius Sports (GENI) operates in the betting and media space, with a dual-pillar model. The company anticipates a strong second half, with high prices paid for advertising across its properties. The stock offers a price target of $10.50, reflecting a potential 50% return.\n\nIntuitive Machines (LUNR) has secured over $300 million in bookings for the third quarter, with several potential awards expected by year-end. The company is on track for NASA's CLPS 2.0 IDIQ, a contract with a $10 billion base ceiling. It recently reported Q2 2026 revenue of $206.17 million, missing estimates but reaffirming its full-year revenue guidance.\n\nPROG Holdings (PRG) has growth across all three business segments, with BNPL leading the growth. The company has returned to its targeted leverage level, with a large buyback program remaining. The stock offers a price target of $64.\n\nReal REMAX (REAX) has begun executing on post-merger cost synergies, including monetization of approximately 1 million annual RE/MAX website leads. The stock is trading at 0.4x EV/revenue and 5.2x EV/adjusted EBITDA on fiscal year 2027 estimates.",
  "summary": null,
  "key_points": [
    "Angel Studios (ANGX) reaches 3 million subscribers, up 90% YoY, with $8 price target",
    "Backblaze (BLZE) raises forecast, plans capacity increase, $150M convertible notes",
    "Genius Sports (GENI) anticipates strong second half, $10.50 price target"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}