TPIC icon

TPI Composites

2.40 USD
+1.18
96.72%
At close Dec 20, 4:00 PM EST
After hours
2.01
-0.39
16.25%
1 day
96.72%
5 days
88.98%
1 month
20.00%
3 months
-45.70%
6 months
-50.52%
Year to date
-42.17%
1 year
-25.00%
5 years
-87.11%
10 years
-82.30%
 

About: TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.

Employees: 12,300

0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

6% more capital invested

Capital invested by funds: $136M [Q2] → $145M (+$8.55M) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 40

4.25% less ownership

Funds ownership: 71.73% [Q2] → 67.48% (-4.25%) [Q3]

4% less funds holding

Funds holding: 139 [Q2] → 133 (-6) [Q3]

25% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 24

87% less call options, than puts

Call options by funds: $733K | Put options by funds: $5.58M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$2
17%
downside
Avg. target
$3.67
53%
upside
High target
$5
108%
upside

3 analyst ratings

positive
33%
neutral
33%
negative
33%
Morgan Stanley
Laura Sanchez
100% 1-year accuracy
1 / 1 met price target
17%downside
$2
Underweight
Downgraded
15 Nov 2024
B of A Securities
Julien Dumoulin-Smith
54% 1-year accuracy
73 / 135 met price target
67%upside
$4
Buy
Maintained
7 Nov 2024
Jefferies
Julien Dumoulin-Smith
54% 1-year accuracy
73 / 135 met price target
108%upside
$5
Hold
Initiated
17 Oct 2024

Financial journalist opinion

Neutral
Seeking Alpha
1 month ago
TPI Composites, Inc. (TPIC) Q3 2024 Earnings Call Transcript
TPI Composites, Inc. (NASDAQ:TPIC ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Jason Wegmann - Investor Relations Bill Siwek - President & Chief Executive Officer Ryan Miller - Chief Financial Officer Conference Call Participants Mark Strouse - JPMorgan Pavel Molchanov - Raymond James Justin Clare - ROTH Capital Partners Eric Stine - Craig-Hallum Operator Good afternoon, and welcome to TPI Composites' Third Quarter 2024 Earnings Conference Call. At this time, I'd like to turn the conference over to Jason Wegmann, Investor Relations for TPI Composites.
TPI Composites, Inc. (TPIC) Q3 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
1 month ago
TPI Composites (TPIC) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for TPI Composites (TPIC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
TPI Composites (TPIC) Reports Q3 Earnings: What Key Metrics Have to Say
Negative
Zacks Investment Research
1 month ago
TPI Composites (TPIC) Reports Q3 Loss, Tops Revenue Estimates
TPI Composites (TPIC) came out with a quarterly loss of $0.65 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $1.71 per share a year ago.
TPI Composites (TPIC) Reports Q3 Loss, Tops Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
TPI Composites, Inc. Announces Third Quarter 2024 Earnings Results – Operational Execution and Strategic Initiatives Drive Improved Profitability
SCOTTSDALE, Ariz., Nov. 07, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the third quarter ended September 30, 2024.
TPI Composites, Inc. Announces Third Quarter 2024 Earnings Results – Operational Execution and Strategic Initiatives Drive Improved Profitability
Neutral
GlobeNewsWire
1 month ago
Jennifer Lowry to Join the Board of Directors of TPI Composites, Inc.
SCOTTSDALE, Ariz., Nov. 07, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (TPI) (Nasdaq: TPIC) announced today that Jennifer Lowry will be appointed to its board of directors, effective as of November 13, 2024. Ms. Lowry also will serve on the Audit Committee of the Board. Ms. Lowry brings many years of broad finance experience in the electric power industry.
Jennifer Lowry to Join the Board of Directors of TPI Composites, Inc.
Negative
Zacks Investment Research
1 month ago
TPI Composites (TPIC) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
TPI Composites (TPIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TPI Composites (TPIC) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Neutral
GlobeNewsWire
2 months ago
TPI Composites, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call
SCOTTSDALE, Ariz., Oct. 17, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its third quarter 2024 results after the market close on Thursday, November 7, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.
TPI Composites, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call
Neutral
GlobeNewsWire
4 months ago
TPI Composites Participates in Cure Optimization for Wind Blade Fabrication with University of Texas at Dallas
SCOTTSDALE, Ariz., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Today TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced its participation with the University of Texas at Dallas to apply physics-informed machine learning (ML) algorithms to simulate and optimize the composite curing process through multi-zone temperature control. This will solve a current technological gap by developing a smart “digital twin” that optimizes the curing process in blade manufacturing. Funded by the Office of Energy Efficiency & Renewable Energy, this project will accelerate the transition of research on ML-based modeling tools in academia to real industrial applications.
TPI Composites Participates in Cure Optimization for Wind Blade Fabrication with University of Texas at Dallas
Neutral
Seeking Alpha
4 months ago
TPI Composites, Inc. (TPIC) Q2 2024 Earnings Call Transcript
TPI Composites, Inc. (NASDAQ:TPIC ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Jason Wegmann - IR Bill Siwek - President & CEO Ryan Miller - CFO Conference Call Participants Eric Stine - Craig-Hallum Drew Chamberlain - JPMorgan Pavel Molchanov - Raymond James Jeff Osborne - TD Cowen Greg Wasikowski - Webber Research Justin Clare - ROTH Capital Partners Operator Good afternoon, everyone, and welcome to the TPI Composites Second Quarter 2024 Earnings Conference Call. [Operator Instructions] And now at this time, I would like to turn things over to Jason Wegmann, Investor Relations for TPI Composites.
TPI Composites, Inc. (TPIC) Q2 2024 Earnings Call Transcript
Negative
Zacks Investment Research
4 months ago
TPI Composites (TPIC) Reports Q2 Loss, Misses Revenue Estimates
TPI Composites (TPIC) came out with a quarterly loss of $1.23 per share versus the Zacks Consensus Estimate of a loss of $0.69. This compares to loss of $1.90 per share a year ago.
TPI Composites (TPIC) Reports Q2 Loss, Misses Revenue Estimates
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