▲ +52.65% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Broadwind in the last 3 months. The average price target is $8.17, with a high forecast of $12.50 and a low forecast of $6.00. The average price target represents a 52.65% upside from the last price of $5.35.
The current consensus among 4 polled investment analysts is to buy stock in Broadwind. This rating has held steady since June 2020, when it changed from a Hold consensus rating.
Broadwind, Inc. manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets; and steel towers and adapters primarily to wind turbine manufacturers. The Gearing segment offers gearing, and gearboxes and systems for onshore and offshore oil and gas fracking and drilling, surface and underground mining, wind energy, steel, material handling, and other infrastructure markets. The Industrial Solutions segment provides supply chain solutions, inventory management, and kitting and assembly services to natural gas turbine market. The company sells its products to the energy, mining, and infrastructure sector customers through its direct sales force and independent sales agents. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. in May 2020. Broadwind, Inc. is headquartered in Cicero, Illinois.