Analyst Price Target is $53.86
▲ +58.84% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for TPI Composites in the last 3 months. The average price target is $53.86, with a high forecast of $78.00 and a low forecast of $22.00. The average price target represents a 58.84% upside from the last price of $33.91.
Current Consensus is
The current consensus among 16 contributing investment analysts is to buy stock in TPI Composites. This Buy consensus rating has held steady for over two years.
TPI Composites, Inc. is a holding company, which engages in the manufacture of composite wind blades for the wind energy market. It operates through the following segments: United States (US); Asia; Mexico; and Europe, the Middle East, and Africa (EMEA). The US segment includes the production of wind blades in Newton, Iowa plant; and manufacturing of precision molding and assembly systems used for the manufacture of wind blades in Warren, Rhode Island facility, and composite solutions for the transportation industry. The Asia segment produces wind blades in Taicang Port, Dafeng, and Yangzhou, China facilities. The Mexico segment focuses its operation of wind blades in Juárez and Matamoros, Mexico. The EMEAI segment offers wind blades from two facilities in Izmir, Turkey; and also performs wind blade inspection and repair services. The company was founded by Everett Pearson and Neil Tillotson in 1968 and is headquartered in Scottsdale, AZ.