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NASDAQ: TPIC
Tpi Composites Inc Stock Forecast, Predictions & Price Target

Analyst price target for TPIC

Based on 3 analysts offering 12 month price targets for Tpi Composites Inc.
Min Forecast
$3.00+5.63%
Avg Forecast
$5.00+76.06%
Max Forecast
$9.00+216.9%

Should I buy or sell TPIC stock?

Based on 3 analysts offering ratings for Tpi Composites Inc.
Buy
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TPIC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-23
lockedlocked$00.00+00.00%2023-12-08
lockedlocked$00.00+00.00%2023-10-19

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Forecast return on equity

Is TPIC forecast to generate an efficient return?
Company
N/A
Industry
7.45%
Market
21.34%

Forecast return on assets

Is TPIC forecast to generate an efficient return on assets?
Company
N/A
Industry
1.61%

TPIC revenue forecast

What is TPIC's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$1.4B-7.2%
Avg 2 year Forecast
$1.7B+13.65%
Avg 3 year Forecast
$1.7B+19.46%
TPIC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TPIC revenue growth forecast

How is TPIC forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
4.96%
Industry
7.38%
Market
9.63%
TPIC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TPIC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TPIC vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
TPIC$2.84$5.00+76.06%Buy
HURC$19.90N/AN/A
TAYD$43.78N/AN/A
BW$1.23$2.75+123.58%Buy
IVAC$3.85N/AN/A

Tpi Composites Stock Forecast FAQ

Is Tpi Composites Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: TPIC) stock is to Buy TPIC stock.

Out of 3 analysts, 1 (33.33%) are recommending TPIC as a Strong Buy, 0 (0%) are recommending TPIC as a Buy, 2 (66.67%) are recommending TPIC as a Hold, 0 (0%) are recommending TPIC as a Sell, and 0 (0%) are recommending TPIC as a Strong Sell.

If you're new to stock investing, here's how to buy Tpi Composites stock.

What is TPIC's revenue growth forecast for 2024-2026?

(NASDAQ: TPIC) Tpi Composites's forecast annual revenue growth rate of 4.96% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 7.38%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.63%.

Tpi Composites's revenue in 2024 is $1,455,183,000.On average, 6 Wall Street analysts forecast TPIC's revenue for 2024 to be $63,790,796,206, with the lowest TPIC revenue forecast at $61,899,330,664, and the highest TPIC revenue forecast at $64,974,692,357. On average, 7 Wall Street analysts forecast TPIC's revenue for 2025 to be $78,124,343,724, with the lowest TPIC revenue forecast at $68,536,632,013, and the highest TPIC revenue forecast at $84,976,353,505.

In 2026, TPIC is forecast to generate $82,119,715,693 in revenue, with the lowest revenue forecast at $75,835,301,469 and the highest revenue forecast at $88,404,129,917.

What is TPIC's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: TPIC) forecast ROA is N/A, which is lower than the forecast US Specialty Industrial Machinery industry average of 1.61%.

What is TPIC's Price Target?

According to 3 Wall Street analysts that have issued a 1 year TPIC price target, the average TPIC price target is $5.00, with the highest TPIC stock price forecast at $9.00 and the lowest TPIC stock price forecast at $3.00.

On average, Wall Street analysts predict that Tpi Composites's share price could reach $5.00 by Feb 23, 2025. The average Tpi Composites stock price prediction forecasts a potential upside of 76.06% from the current TPIC share price of $2.84.

What is TPIC's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: TPIC) forecast ROE is N/A, which is considered weak.
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