TPI Composites, Inc. (TPIC)
NASDAQ: TPIC · Real-Time Price · USD
2.020
+0.070 (3.59%)
At close: Nov 22, 2024, 4:00 PM
2.030
+0.010 (0.50%)
After-hours: Nov 22, 2024, 7:19 PM EST
TPI Composites Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for TPI Composites stock have an average target of 4.49, with a low estimate of 2.00 and a high estimate of 9.00. The average target predicts an increase of 122.28% from the current stock price of 2.02.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for TPI Composites stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 8 | 6 | 4 | 4 | 4 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 8 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $4 → $2 | Hold → Sell | Downgrades | $4 → $2 | -0.99% | Nov 15, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $7 → $4 | Strong Buy | Maintains | $7 → $4 | +98.02% | Nov 7, 2024 |
| Jefferies | Jefferies | Hold Initiates $5 | Hold | Initiates | $5 | +147.52% | Oct 17, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $3.5 → $3.7 | Hold | Maintains | $3.5 → $3.7 | +83.17% | Aug 12, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $3 → $3.5 | Hold | Maintains | $3 → $3.5 | +73.27% | Jul 22, 2024 |
Financial Forecast
Revenue This Year
1.37B
from 1.46B
Decreased by -5.99%
Revenue Next Year
1.68B
from 1.37B
Increased by 23.03%
EPS This Year
-3.24
from -4.16
EPS Next Year
-0.34
from -3.24
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.4B | 2.0B | 2.1B |
| Avg | 1.4B | 1.7B | 1.8B |
| Low | 1.3B | 1.4B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.4% | 43.9% | 26.7% |
| Avg | -6.0% | 23.0% | 8.8% |
| Low | -11.4% | 4.5% | -14.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.38 | 0.74 | 1.20 |
| Avg | -3.24 | -0.34 | 0.13 |
| Low | -3.62 | -1.23 | -0.82 |
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.