TPI Composites, Inc. (TPIC)

NASDAQ: TPIC · Real-Time Price · USD
1.775
-0.175 (-8.96%)
Dec 30, 2024, 12:08 PM EST - Market open
-8.96%
Market Cap 84.42M
Revenue (ttm) 1.30B
Net Income (ttm) -179.26M
Shares Out 47.56M
EPS (ttm) -3.86
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 687,653
Open 1.900
Previous Close 1.950
Day's Range 1.770 - 1.919
52-Week Range 1.100 - 5.750
Beta 1.82
Analysts Hold
Price Target 3.36 (+89.3%)
Earnings Date Feb 20, 2025

About TPIC

TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs) in the United States, Mexico, Europe, the Middle East, Africa, and India. It also provides composite solutions for the automotive industry; and field service inspection and repair services comprising diagnostic, repair, and maintenance services for wind blades to OEM customers, and wind farm owners and operators. The company was formerly known as LCSI Holding, Inc. and changed its name ... [Read more]

Sector Industrials
IPO Date Jul 22, 2016
Employees 12,300
Stock Exchange NASDAQ
Ticker Symbol TPIC
Full Company Profile

Financial Performance

In 2023, TPI Composites's revenue was $1.46 billion, a decrease of -4.44% compared to the previous year's $1.52 billion. Losses were -$177.61 million, 43.0% more than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for TPIC stock is "Hold." The 12-month stock price forecast is $3.36, which is an increase of 89.30% from the latest price.

Price Target
$3.36
(89.30% upside)
Analyst Consensus: Hold
Stock Forecasts

News

TPI Composites, Inc. (TPIC) Q3 2024 Earnings Call Transcript

TPI Composites, Inc. (NASDAQ:TPIC) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Jason Wegmann - Investor Relations Bill Siwek - President & Chief Executive Office...

7 weeks ago - Seeking Alpha

TPI Composites, Inc. Announces Third Quarter 2024 Earnings Results – Operational Execution and Strategic Initiatives Drive Improved Profitability

SCOTTSDALE, Ariz., Nov. 07, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the third quarter ended September 30, 2024.

7 weeks ago - GlobeNewsWire

Jennifer Lowry to Join the Board of Directors of TPI Composites, Inc.

SCOTTSDALE, Ariz., Nov. 07, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (TPI) (Nasdaq: TPIC) announced today that Jennifer Lowry will be appointed to its board of directors, effective as of November...

7 weeks ago - GlobeNewsWire

TPI Composites, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call

SCOTTSDALE, Ariz., Oct. 17, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its third quarter 2024 results after the market close on ...

2 months ago - GlobeNewsWire

TPI Composites Participates in Cure Optimization for Wind Blade Fabrication with University of Texas at Dallas

SCOTTSDALE, Ariz., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Today TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced its participation with the University of Texas at Dallas to apply physics-informed machi...

4 months ago - GlobeNewsWire

TPI Composites, Inc. (TPIC) Q2 2024 Earnings Call Transcript

TPI Composites, Inc. (NASDAQ:TPIC) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Jason Wegmann - IR Bill Siwek - President & CEO Ryan Miller - CFO Conference Call Pa...

5 months ago - Seeking Alpha

TPI Composites, Inc. Announces Second Quarter 2024 Earnings Results – Remains Well Positioned for a Recovery in the Second Half of 2024

SCOTTSDALE, Ariz., Aug. 08, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the second quarter ended June 30, 2024.

5 months ago - GlobeNewsWire

TPI Composites, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call

SCOTTSDALE, Ariz., July 18, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its second quarter 2024 results after the market close on...

5 months ago - GlobeNewsWire

3 Under-the-Radar Clean Energy Stocks With Upside Potential, Regardless Of Who's In The White House

As we move into the second half of 2024, the clean energy sector is ripe with opportunities despite the current volatility. According to insights from JPMorgan analyst Patrick Jones, the sector is pos...

Other symbols: HASI
5 months ago - Benzinga

TPI Composites Announces Agreement to Divest Automotive Business Unit as a Part of Continued Focus on Wind

SCOTTSDALE, Ariz., June 17, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced it has entered into a definitive agreement to divest its automotive business to Clear Creek In...

6 months ago - GlobeNewsWire

TPI Composites Partners with University of Maine and Oak Ridge National Laboratory to Leverage One of the World's Largest Polymer 3D Printers for Wind Turbine Tooling

SCOTTSDALE, Ariz., May 07, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) today announced a groundbreaking initiative in partnership with the University of Maine Advanced Structur...

8 months ago - GlobeNewsWire

TPI Composites, Inc. (TPIC) Q1 2024 Earnings Call Transcript

TPI Composites, Inc. (NASDAQ:TPIC) Q1 2024 Earnings Conference Call May 3, 2024 5:00 PM ET Company Participants Jason Wegmann - Investor Relations Bill Siwek - President and Chief Executive Officer R...

8 months ago - Seeking Alpha

TPI Composites, Inc. Announces First Quarter 2024 Earnings Results – Results In-line with Company Expectations; Reiterate Full Year 2024 Financial Guidance

SCOTTSDALE, Ariz., May 02, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the first quarter ended March 31, 2024.

8 months ago - GlobeNewsWire

TPI Composites, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call

SCOTTSDALE, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its first quarter 2024 results after the market close on...

9 months ago - GlobeNewsWire

Edward Hall Nominated to Join the Board of Directors of TPI Composites, Inc.

SCOTTSDALE, Ariz., April 09, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (TPI) (Nasdaq: TPIC) announced today that Edward “Ned” Hall has been nominated to join its board of directors, and if elected...

9 months ago - GlobeNewsWire

TPI Composites, Inc. Publishes its Annual Sustainability Report Reaffirming Its Commitments to a Zero-Harm Culture and Carbon Neutrality

SCOTTSDALE, Ariz., March 28, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today published its 2023 sustainability report highlighting its progress on organizational and global impacts...

9 months ago - GlobeNewsWire

TPI Composites: Turnaround Is In Sight (Rating Upgrade)

TPI Composites, Inc.'s actual revenue and EBITDA for the recent quarter were below expectations, even though its Q4 2023 headline earnings benefited from a non-operating gain.

10 months ago - Seeking Alpha

TPI Composites, Inc. (TPIC) Q4 2023 Earnings Call Transcript

TPI Composites, Inc. (TPIC) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

TPI Composites, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Results; Enhanced Liquidity Position and Projects Improved Profitability for the Second Half of 2024

SCOTTSDALE, Ariz., Feb. 22, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the fourth quarter and full year ended December 31, 2023.

11 months ago - GlobeNewsWire

TPI Composites, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

SCOTTSDALE, Ariz., Feb. 01, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its fourth quarter and full year 2023 results after the m...

11 months ago - GlobeNewsWire

TPI and GE Vernova Expand Contract in Mexico

SCOTTSDALE, Ariz., Jan. 11, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), a global company focused on innovative and sustainable solutions to decarbonize and electrify the world...

1 year ago - GlobeNewsWire

TPI Composites, Inc. Announces Refinancing Transaction with Oaktree, Significantly Strengthening Company's Liquidity Position and Enhancing Financial Flexibility

Improves liquidity by approximately $190 million Permanently reduces future obligations by up to $90 million SCOTTSDALE, Ariz., Dec. 14, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC) (“...

1 year ago - GlobeNewsWire

TPI Composites, Inc. Appoints Charles Stroo as Chief Operating Officer, Wind

SCOTTSDALE, Ariz., Nov. 27, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), announced today that it has appointed Charles (Chuck) Stroo as Chief Operating Officer, Wind, effective...

1 year ago - GlobeNewsWire

TPI Composites: Recovery Will Take More Time

The TPI Composites Q3 results miss, FY 2023 guidance revision, and recent management commentary all point to difficult times for the company in the very near term. However, TPI Composites is a play on...

1 year ago - Seeking Alpha

TPI Composites, Inc. (TPIC) Q3 2023 Earnings Call Transcript

TPI Composites, Inc. (NASDAQ:TPIC) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Jason Wegmann - Investor Relations Bill Siwek - President and Chief Executive Offi...

1 year ago - Seeking Alpha