TPI Composites, Inc. (TPIC)
NASDAQ: TPIC · IEX Real-Time Price · USD
2.23
-0.12 (-5.11%)
At close: Nov 27, 2023, 4:00 PM
2.21
-0.02 (-0.90%)
After-hours: Nov 27, 2023, 5:55 PM EST
TPI Composites Stock Forecast
TPIC's stock price has decreased by -80.27% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
According to 10 stock analysts, the average 12-month stock price forecast for TPI Composites stock is $11.3, which predicts an increase of 406.73%. The lowest target is $3.00 and the highest is $22. On average, analysts rate TPI Composites stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on Oct 19, 2023.
Analyst Ratings
The average analyst rating for TPI Composites stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '23 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 4 | 3 | 2 | 2 |
| Hold | 4 | 7 | 7 | 7 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 13 | 13 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $12 → $9 | Buy | Maintains | $12 → $9 | +303.59% | Oct 19, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $7 → $4 | Hold | Maintains | $7 → $4 | +79.37% | Oct 17, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $7 → $3 | Hold | Maintains | $7 → $3 | +34.53% | Oct 6, 2023 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 3, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $16 → $7 | Hold | Maintains | $16 → $7 | +213.90% | Sep 6, 2023 |
Financial Forecast
Revenue This Year
1.58B
from 1.52B
Increased by 3.69%
Revenue Next Year
1.76B
from 1.58B
Increased by 11.34%
EPS This Year
-3.79
from -2.96
EPS Next Year
-0.99
from -3.79
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 1.6B | 2.0B | 2.2B | 2.1B |
| Avg | 1.6B | 1.8B | 2.0B | 2.1B |
| Low | 1.5B | 1.5B | 1.7B | 2.0B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 8.0% | 28.9% | 27.6% | 4.0% |
| Avg | 3.7% | 11.3% | 15.9% | 1.0% |
| Low | -1.8% | -4.1% | -1.6% | -2.9% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -3.66 | 0.36 | 1.66 |
| Avg | -3.79 | -0.99 | 0.49 |
| Low | -3.89 | -1.66 | -0.74 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| 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.