P10, Inc. Class A (PX)

P10, Inc.'s stock has experienced fluctuations in the past six months, trading at $10.29 as of January 11, 2026. In Q3 2025, P10 Inc. met EPS expectations but missed revenue targets, leading to a slight dip in stock price. The company's fee-paying Assets Under Management (AUM) increased by 17% year-over-year to $29.1 billion, and it successfully launched four new funds and closed a secondary fund at $1.26 billion. P10 also raised its full-year 2025 organic gross fundraising target to $5 billion. The company's name will change to Ridgepost Capital, Inc., effective February 11, 2026, with its stock trading under the new ticker symbol "RPC".

P10's business model suggests a relatively stable revenue stream due to the long-term nature of investment commitments. The company's ability to consistently raise new funds and acquire other fee-generating advisors also contributes to a steady accumulation of fee-paying AUM. However, the broader alternative asset management industry can be influenced by overall economic conditions and investor sentiment towards private markets, which may introduce some cyclicality in fundraising efforts.

P10, Inc. (PX) is a multi-asset class private market solutions provider in the alternative asset management industry, offering private equity, venture capital, impact investing, and private credit solutions. The company generates revenue through management and advisory fees based on committed or invested capital, focusing on middle and lower-middle market investments primarily in North America.

Headquartered in Dallas, Texas, P10, Inc. has offices in New York and Dubai. The company has a global investor base of over 3,800 investors, spanning across 50 states, 60 countries, and six continents.

P10's brand reputation has been influenced by its ability to exploit structural inefficiencies, strategic acquisitions, and focus on recurring revenue streams. However, P10's stock performance has underperformed the US Capital Markets industry and the US Market over the past year. The departures of co-CEOs and co-founders Robert Alpert and Clark Webb in October 2023 may have raised questions among some investors. The upcoming name change to Ridgepost Capital, Inc. in February 2026 aims to symbolize the company's "continuing upward trajectory and unification as one cohesive and integrated enterprise."

P10, Inc. is capitalized by Class A and Class B stock. The 57.4 million publicly traded Class A shares confer economic interest and one vote per share. The 58.4 million privately held Class B shares bestow economic interest, ten votes per share, and are convertible into Class A shares, meaning that slightly more than half of the economic interest in the firm is held by its employees.