TPI Composites, Inc. (TPIC)
NASDAQ: TPIC · IEX Real-Time Price · USD
2.390
-0.080 (-3.24%)
At close: Apr 25, 2024, 4:00 PM
2.410
+0.020 (0.84%)
After-hours: Apr 25, 2024, 6:53 PM EDT
TPI Composites Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for TPI Composites stock have an average target of 9.13, with a low estimate of 3.00 and a high estimate of 15. The average target predicts an increase of 282.01% from the current stock price of 2.39.
Analyst Consensus: Hold
* Price targets were last updated on Feb 23, 2024.
Analyst Ratings
The average analyst rating for TPI Composites stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
Buy | 2 | 2 | 2 | 1 | 1 | 1 |
Hold | 8 | 8 | 8 | 8 | 8 | 8 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 12 | 12 | 12 | 11 | 11 | 10 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Piper Sandler | Piper Sandler | Hold Reiterates $4 → $3 | Hold | Reiterates | $4 → $3 | +25.52% | Feb 23, 2024 |
Morgan Stanley | Morgan Stanley | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | +25.52% | Dec 8, 2023 |
JP Morgan | JP Morgan | Buy Maintains $12 → $9 | Buy | Maintains | $12 → $9 | +276.57% | Oct 19, 2023 |
Morgan Stanley | Morgan Stanley | Hold Maintains $7 → $4 | Hold | Maintains | $7 → $4 | +67.36% | Oct 17, 2023 |
Piper Sandler | Piper Sandler | Hold Maintains $7 → $3 | Hold | Maintains | $7 → $3 | +25.52% | Oct 6, 2023 |
Financial Forecast
Revenue This Year
1.38B
from 1.46B
Decreased by -5.51%
Revenue Next Year
1.70B
from 1.38B
Increased by 23.35%
EPS This Year
-1.61
from -4.16
EPS Next Year
-0.24
from -1.61
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.4B | 1.9B | 2.0B |
Avg | 1.4B | 1.7B | 1.8B |
Low | 1.3B | 1.4B | 1.6B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | -0.6% | 37.4% | 15.9% |
Avg | -5.5% | 23.3% | 4.8% |
Low | -11.8% | 3.4% | -7.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | -0.61 | 0.70 | 0.47 |
Avg | -1.61 | -0.24 | 0.12 |
Low | -2.76 | -0.90 | -0.19 |
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.