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
Target Low Average Median High
Price $3.00 $11.3 $11 $22
Change +34.53% +406.73% +393.27% +886.55%
* 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 '23Jul '23Aug '23Sep '23Oct '23Nov '23
Strong Buy 322222
Buy 444322
Hold 477788
Sell 000000
Strong Sell 000000
Total 111313121212

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
Hold
Downgrades
n/a
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
Full Analyst Rating History

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
Year 201820192020202120222023202420252026
Revenue
1.03B1.44B1.14B1.47B1.52B1.58B1.76B2.04B2.06B
Revenue Growth
7.79%
39.52%
-20.43%
28.81%
3.42%
3.69%
11.34%
15.87%
1.03%
EPS
0.15-0.45-0.54-4.43-2.96-3.79-0.990.49-
EPS Growth
-86.49%
--------
No. Analysts -----181893
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2023202420252026
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 2023202420252026
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 202320242025
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 202320242025
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.