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

Analyst price target for TPIC

Based on 9 analysts offering 12 month price targets for Tpi Composites Inc.
Min Forecast
$7.00+197.24%
Avg Forecast
$12.22+418.98%
Max Forecast
$17.00+621.87%

Should I buy or sell TPIC stock?

Based on 9 analysts offering ratings for Tpi Composites Inc.
Buy
Strong Buy
2 analysts 22.22%
Buy
1 analysts 11.11%
Hold
6 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
Morgan Stanley
Bottom 28%
28
HoldMaintains$7.00+197.24%2023-09-06
JP Morgan
Top 10%
91
Strong BuyMaintains$16.00+579.41%2023-07-27
Craig-Hallum
Bottom 3%
3
HoldDowngrades$11.00+367.09%2023-07-27
Roth MKM
Bottom 11%
11
HoldDowngrades$10.00+324.63%2023-07-27
Raymond James
Bottom 1%
1
BuyMaintains$17.00+621.87%2023-07-12
Bank of America
Top 6%
95
Strong BuyMaintains$15.00+536.94%2023-05-24
Stifel Nicolaus
Top 18%
83
HoldMaintains$13.00+452.02%2023-05-23
Piper Sandler
Bottom 2%
2
HoldMaintains$12.00+409.55%2023-05-22
UBS
Top 22%
79
HoldMaintains$9.00+282.17%2023-05-08

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Forecast return on equity

Is TPIC forecast to generate an efficient return?
Company
-58.67%
Industry
32.55%
Market
48.56%
TPIC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TPIC forecast to generate an efficient return on assets?
Company
4.91%
Industry
9.48%
TPIC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TPIC revenue growth forecast

How is TPIC forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
31.88%
Industry
-0.13%
Market
12.79%
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$2.36$12.22+418.98%Buy
IVAC$3.17N/AN/A
TAYD$21.98N/AN/A
PYR$0.40N/AN/A
CETY$1.83N/AN/A

Tpi Composites Stock Forecast FAQ

Is Tpi Composites Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: TPIC) stock is to Buy TPIC stock.

Out of 9 analysts, 2 (22.22%) are recommending TPIC as a Strong Buy, 1 (11.11%) are recommending TPIC as a Buy, 6 (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 forecast return on equity (ROE) for 2023-2024?

(NASDAQ: TPIC) forecast ROE is -58.67%, which is considered weak.

What is TPIC's Price Target?

According to 9 Wall Street analysts that have issued a 1 year TPIC price target, the average TPIC price target is $12.22, with the highest TPIC stock price forecast at $17.00 and the lowest TPIC stock price forecast at $7.00.

On average, Wall Street analysts predict that Tpi Composites's share price could reach $12.22 by Sep 6, 2024. The average Tpi Composites stock price prediction forecasts a potential upside of 418.98% from the current TPIC share price of $2.36.

What is TPIC's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: TPIC) forecast ROA is 4.91%, which is lower than the forecast US Specialty Industrial Machinery industry average of 9.48%.
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