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CGBDCarlyle Secured Lending, Inc.Sell6.3·$10.39+0.00%
SellModerate Confidence
Investment thesis

Carlyle Secured Lending screens cheap and is rated an industry growth leader, but the stock sits in a confirmed technical downtrend, has missed earnings in two of its last three reported quarters before a recent beat, and now carries both a reached price target and a negative news-driven downgrade, so the setup needs the recovery signals to firm up before the valuation case can play out.

Thesis pillars

  • Attractive Valuation Growth LeaderStable
  • Confirmed Downtrend Early RecoveryStable
  • Recent Earnings Miss PatternStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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Carlyle Secured Lending, Inc. (CGBD) Stock Analysis

Recovery setup · Inst Constrain edge

SellValueGrowthModerate Confidence

Financial Services · Asset Management

Sell if holding. At $10.39, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 3.4%; Leverage penalty (D/E 1.2): -0.5.

Carlyle Secured Lending, Inc. is a specialty finance business development company that originates secured first- and second-lien loans to U.S. middle-market companies with roughly $25.0 million or greater of EBITDA, externally managed by an adviser affiliated with Carlyle's $211... Read more

$10.39+3.4% A.UpsideScore 6.3/10#38 of 244 Asset Management
QualityF-score6 / 9FCF yield5.66%
IncomeYield14.21%(5y avg 11.03%)Payout228.57%at-risk
Stop $9.84Target $10.75(analyst − 13%)A.R:R 0.6:1
Analyst target$12.36+18.9%7 analysts
$10.75our TP
$10.39price
$12.36mean
$14

Sell if holding. At $10.39, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 3.4%; Leverage penalty (D/E 1.2): -0.5. Chart setup: Death cross but MACD improving, RSI 43. Score 6.3/10, moderate confidence.

Passes 6/9 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 28d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: aggressive.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Aug 4, 202628d to earnings· next earnings call

Thesis

Rewards
Attractive valuation
Strong growth profile
Risks
Thin upside margin: 3.4%
Leverage penalty (D/E 1.2): -0.5
Consecutive earnings misses (2)

Key Metrics

P/E (TTM)15.0
P/E (Fwd)7.5
Mkt Cap$732M
EV/EBITDA
Profit Mgn19.5%
ROE4.4%
Rev Growth16.8%
Beta0.68
Dividend14.21%
Rating analysts14

Quality Signals

Piotroski F6/9MoatNarrow

Options Flow

P/C0.05bullish
IV70%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Obv
1.0
Ma Position
1.0
Volume
4.0
Rsi
4.5
Macd
6.2
Volume distribution (falling OBV)Below 200-MA, MA slope -2.0%/30d — confirmed downtrend

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Surprise Avg
0.5
Earnings History
1.1
Erm
5.0
Earnings Timing
5.0
Dividend Safety
5.5
Earnings concerns: 1B/2MDividend: 14.2%
GatesMomentum 3.3<4.5A.R:R 0.6 < 1.5@spotDeath cross (50MA < 200MA)Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 28d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
43 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $10.14Resistance $11.08

Price Targets

$10
$11
A.Upside+3.5%
A.R:R0.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! NEWS_MOD=-1: HOLD_IF_HOLDING → SELL_IF_HOLDING
! momentum at 3.3 (below the engine's 4.5 threshold)
! asymmetry at 0.6 (below the engine's 1.5 threshold)@spot

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-08-04 (28d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CGBD stock a buy right now?

Sell if holding. At $10.39, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 3.4%; Leverage penalty (D/E 1.2): -0.5. Chart setup: Death cross but MACD improving, RSI 43. Prior stop was $9.84. Score 6.3/10, moderate confidence.

What is the CGBD stock price target?

Take-profit target: $10.75 (+3.4% upside). Prior stop was $9.84. Stop-loss: $9.84.

What are the risks of investing in CGBD?

Thin upside margin: 3.4%; Leverage penalty (D/E 1.2): -0.5; Consecutive earnings misses (2).

Is CGBD overvalued or undervalued?

Carlyle Secured Lending, Inc. trades at a P/E of 15.0 (forward 7.5). TrendMatrix value score: 8.2/10. Verdict: Sell.

What do analysts say about CGBD?

14 analysts cover CGBD with a consensus score of 3.6/5. Average price target: $12.

What does Carlyle Secured Lending, Inc. do?Carlyle Secured Lending, Inc. is a specialty finance business development company that originates secured first- and...

Carlyle Secured Lending, Inc. is a specialty finance business development company that originates secured first- and second-lien loans to U.S. middle-market companies with roughly $25.0 million or greater of EBITDA, externally managed by an adviser affiliated with Carlyle's $211 billion Global Credit platform. The company completed its merger with Carlyle Secured Lending III in March 2025 and, as of December 31, 2025, had $1,543.7 million of outstanding indebtedness, co-investing alongside partners through joint ventures including Credit Fund, Credit Fund II, and the newly formed Structured Cr

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