TPI Composites Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 1 sell rating, 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TPI Composites stock.
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TPI Composites is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for TPI Composites.

TPI Composites, Inc. (NASDAQ:TPIC) issued its quarterly earnings data on Thursday, August, 5th. The industrial products company reported ($1.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.76) by $0.32. The industrial products company had revenue of $458.84 million for the quarter, compared to analyst estimates of $458.79 million. TPI Composites had a net margin of 0.33% and a trailing twelve-month return on equity of 2.42%.
View TPI Composites' earnings history.

TPI Composites' stock was trading at $17.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TPIC stock has increased by 106.6% and is now trading at $35.25.
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TPI Composites issued an update on its FY 2021 earnings guidance on Thursday, September, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.75 billion-$1.80 billion, compared to the consensus revenue estimate of $1.80 billion.

15 brokers have issued 12-month target prices for TPI Composites' stock. Their forecasts range from $22.00 to $78.00. On average, they expect TPI Composites' stock price to reach $55.55 in the next twelve months. This suggests a possible upside of 57.6% from the stock's current price.
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4 employees have rated TPI Composites CEO William E. Siwek on Glassdoor.com. William E. Siwek has an approval rating of 100% among TPI Composites' employees. This puts William E. Siwek in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to TPI Composites include Public Joint Stock Company Mosenergo (AOMOY), China Yuchai International (CYD), Westport Fuel Systems (WPRT), Power Solutions International (PSIX), Capstone Green Energy (CGRN), Unrivaled Brands (UNRV), Unrivaled Brands (TRTC), Novo Integrated Sciences (NVOS), Briggs & Stratton (BGGSQ), REGI U.S. (RGUS), American Power Group (APGI) and Coates International (COTE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other TPI Composites investors own include NVIDIA (NVDA), Baidu (BIDU), Cisco Systems (CSCO), JD.com (JD), Inseego (INSG), BioXcel Therapeutics (BTAI), Baozun (BZUN), Alibaba Group (BABA), The Boeing (BA) and Bilibili (BILI).

(TPIC) raised $72 million in an IPO on Friday, July 22nd 2016. The company issued 6,300,000 shares at a price of $11.00-$12.00 per share. J.P. Morgan and Morgan Stanley served as the underwriters for the IPO and Cowen and Company, Raymond James and Canaccord Genuity were co-managers.

TPI Composites trades on the NASDAQ under the ticker symbol "TPIC."

TPI Composites' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.99%), Vanguard Group Inc. (4.72%), Morgan Stanley (4.40%), Morgan Stanley (4.40%), Invesco Ltd. (3.48%) and State Street Corp (2.38%). Company insiders that own TPI Composites stock include Bryan Robert Schumaker, Daniel G Weiss, James Alton Hughes, Jayshree S Desai, Mark Nunneley, Paul G Giovacchini, Ramesh Gopalakrishnan, Steven C Lockard, Steven G Fishbach, Thomas J Castle and William E Siwek.
View institutional ownership trends for TPI Composites.

TPIC stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., JPMorgan Chase & Co., Ziegler Capital Management LLC, Wasatch Advisors Inc., Millennium Management LLC, Carmignac Gestion, Dimensional Fund Advisors LP, and American Century Companies Inc.. Company insiders that have sold TPI Composites company stock in the last year include Bryan Robert Schumaker, Daniel G Weiss, James Alton Hughes, Mark Nunneley, Paul G Giovacchini, Ramesh Gopalakrishnan, Steven C Lockard, Steven G Fishbach, Thomas J Castle, and William E Siwek.
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TPIC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Morgan Stanley, M Holdings Securities Inc., Handelsbanken Fonder AB, Deutsche Bank AG, Allianz Asset Management GmbH, and Credit Suisse AG. Company insiders that have bought TPI Composites stock in the last two years include Jayshree S Desai, Steven C Lockard, and William E Siwek.
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Shares of TPIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TPIC stock can currently be purchased for approximately $35.25.

TPI Composites has a market capitalization of $1.31 billion and generates $1.67 billion in revenue each year. The industrial products company earns $-19,030,000.00 in net income (profit) each year or $0.68 on an earnings per share basis.

TPI Composites employs 14,900 workers across the globe.

The official website for TPI Composites is www.tpicomposites.com.

TPI Composites is headquartered at 8501 N. SCOTTSDALE ROAD GAINEY CENTER II SUITE 100, SCOTTSDALE AZ, 85253.

TPI Composites' mailing address is 8501 N. SCOTTSDALE ROAD GAINEY CENTER II SUITE 100, SCOTTSDALE AZ, 85253. The industrial products company can be reached via phone at (480) 305-8910 or via email at [email protected]