TPI Composites, Inc. (TPIC)
NASDAQ: TPIC · IEX Real-Time Price · USD
3.550
-0.190 (-5.08%)
At close: Jul 2, 2024, 4:00 PM
3.510
-0.040 (-1.13%)
After-hours: Jul 2, 2024, 4:38 PM EDT
TPI Composites Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for TPI Composites stock have an average target of 5.95, with a low estimate of 3.00 and a high estimate of 11. The average target predicts an increase of 67.61% from the current stock price of 3.55.
Analyst Consensus: Hold
* Price targets were last updated on May 6, 2024.
Analyst Ratings
The average analyst rating for TPI Composites stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 8 | 8 | 8 | 8 | 8 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 10 | 10 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Hold Maintains $3.3 → $3.75 | Hold | Maintains | $3.3 → $3.75 | +5.63% | May 6, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $4 → $3 | Hold | Reiterates | $4 → $3 | -15.49% | Feb 23, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | -15.49% | Dec 8, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $12 → $9 | Buy | Maintains | $12 → $9 | +153.52% | Oct 19, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $7 → $4 | Hold | Maintains | $7 → $4 | +12.68% | Oct 17, 2023 |
Financial Forecast
Revenue This Year
1.37B
from 1.46B
Decreased by -5.72%
Revenue Next Year
1.74B
from 1.37B
Increased by 26.97%
EPS This Year
-2.20
from -4.16
EPS Next Year
-0.27
from -2.20
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.4B | 2.2B | 1.9B |
| Avg | 1.4B | 1.7B | 1.8B |
| Low | 1.3B | 1.5B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.6% | 58.2% | 11.2% |
| Avg | -5.7% | 27.0% | 1.5% |
| Low | -11.4% | 10.3% | -5.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.41 | 0.76 | 0.43 |
| Avg | -2.20 | -0.27 | 0.26 |
| Low | -2.70 | -1.23 | - |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.