TPI Composites, Inc. (TPIC)
NASDAQ: TPIC · Real-Time Price · USD
1.860
+0.050 (2.76%)
At close: Dec 24, 2024, 1:00 PM
1.920
+0.060 (3.23%)
Pre-market: Dec 26, 2024, 5:51 AM EST
TPI Composites Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for TPI Composites stock have an average target of 3.36, with a low estimate of 2.00 and a high estimate of 4.00. The average target predicts an increase of 80.65% from the current stock price of 1.86.
Analyst Consensus: Hold
* Price targets were last updated on Nov 15, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 6 | 4 | 4 | 4 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 6 | 6 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Dec 12, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $4 → $2 | Hold → Sell | Downgrades | $4 → $2 | +7.53% | Nov 15, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $7 → $4 | Strong Buy | Maintains | $7 → $4 | +115.05% | Nov 7, 2024 |
| Jefferies | Jefferies | Hold Initiates $5 | Hold | Initiates | $5 | +168.82% | Oct 17, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $3.5 → $3.7 | Hold | Maintains | $3.5 → $3.7 | +98.92% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
1.38B
from 1.46B
Decreased by -4.96%
Revenue Next Year
1.65B
from 1.38B
Increased by 19.31%
EPS This Year
-4.29
from -4.16
EPS Next Year
-0.78
from -4.29
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.4B | 2.0B | 2.2B | |||
| Avg | 1.4B | 1.7B | 1.8B | |||
| Low | 1.3B | 1.4B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.6% | 42.4% | 30.5% | |||
| Avg | -5.0% | 19.3% | 11.7% | |||
| Low | -10.0% | 0.4% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.83 | 0.74 | 0.72 |
| Avg | -4.29 | -0.78 | -0.30 |
| Low | -4.56 | -1.80 | -1.60 |
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.