TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs). The company also provides composite solutions for the transportation industry; and field service inspection and repair services to OEM customers and wind farm owners and operators. It operates in the United States, Asia, Mexico, Europe, the Middle East, Africa, and India. The company was formerly known as LCSI Holding, Inc. and changed its name to TPI Composites, Inc. in 2008. TPI Composites, Inc. was founded in 1968 and is headquartered in Scottsdale, Arizona.
IPO Year: 2016
Exchange: NASDAQ
Website: tpicomposites.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/18/2025 | $0.50 | Hold → Underperform | Jefferies |
| 12/12/2024 | Overweight → Neutral | Analyst | |
| 11/15/2024 | $4.00 → $2.00 | Equal-Weight → Underweight | Morgan Stanley |
| 10/17/2024 | $5.00 | Hold | Jefferies |
| 10/3/2023 | Outperform → Mkt Perform | Raymond James | |
| 7/27/2023 | $10.00 | Accumulate → Hold | Johnson Rice |
| 7/27/2023 | Buy → Neutral | BTIG Research | |
| 7/27/2023 | $15.00 → $11.00 | Buy → Hold | Craig Hallum |
| 7/27/2023 | $15.00 → $10.00 | Buy → Neutral | ROTH MKM |
| 3/16/2023 | $22.00 | Neutral → Buy | Guggenheim |
Jefferies downgraded TPI Composites from Hold to Underperform and set a new price target of $0.50
Analyst downgraded TPI Composites from Overweight to Neutral
Morgan Stanley downgraded TPI Composites from Equal-Weight to Underweight and set a new price target of $2.00 from $4.00 previously
Jefferies initiated coverage of TPI Composites with a rating of Hold and set a new price target of $5.00
Raymond James downgraded TPI Composites from Outperform to Mkt Perform
Johnson Rice downgraded TPI Composites from Accumulate to Hold and set a new price target of $10.00
BTIG Research downgraded TPI Composites from Buy to Neutral
Craig Hallum downgraded TPI Composites from Buy to Hold and set a new price target of $11.00 from $15.00 previously
ROTH MKM downgraded TPI Composites from Buy to Neutral and set a new price target of $10.00 from $15.00 previously
Guggenheim upgraded TPI Composites from Neutral to Buy and set a new price target of $22.00
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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. "We are excited to have Jen join our board," said Bill Siwek, TPI's President and CEO. "We will greatly benefit from Jen's experience in the electric power industry to help support our long-term strategy." Ms. Lowry currently serves as an independent director of Clearway Energy, Inc. (NYSE:CWEN) since February 2022 and MYR Group Inc.
SCOTTSDALE, Ariz., April 09, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (TPI) (NASDAQ:TPIC) announced today that Edward "Ned" Hall has been nominated to join its board of directors, and if elected, will become a director, effective immediately upon the conclusion of TPI's annual meeting of stockholders on May 29, 2024. TPI also announced that Philip Deutch and Linda Hudson were retiring from TPI's Board of Directors, effective upon the conclusion of TPI's annual meeting of stockholders on May 29, 2024. Mr. Deutch and Ms. Hudson have served as directors since 2007 and 2020, respectively. "We are excited to have Ned join our board," said Bill Siwek, TPI's President and CEO. "We will grea
SCOTTSDALE, Ariz., Nov. 27, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (NASDAQ:TPIC), announced today that it has appointed Charles (Chuck) Stroo as Chief Operating Officer, Wind, effective November 27, 2023. In his role, Chuck will lead TPI's global wind manufacturing operations. Prior to joining TPI, Chuck served in multiple, global operational roles at Collins Aerospace, most recently as Vice President of Power & Controls Operations. Chuck started his career with Collins Aerospace over twenty years ago as an engineer before transitioning to operational roles. Chuck holds a Bachelor of Science Degree in Electrical Engineering from Iowa State University and a Master of Business
SCOTTSDALE, Ariz., July 20, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (NASDAQ:TPIC) announced today that it has hired Neil Jones as its Chief Quality Officer, effective August 1, 2023. In this newly-created position, Neil will oversee all quality processes, systems and controls relating to TPI's wind business and will report directly to TPI's President and Chief Executive Officer, Bill Siwek. Neil brings over 25 years of experience in quality and engineering positions in the wind and automotive industry. Neil spent more than 13 years with Vestas Wind Systems in a variety of quality leadership roles, with the last five years as Senior Vice President - Quality, Health, Safety and
SCOTTSDALE, Ariz., May 23, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (NASDAQ:TPIC), the only independent manufacturer of composite wind blades with a global footprint, announced today that it has appointed Ryan Miller as Chief Financial Officer, effective May 23, 2022. In his role as Chief Financial Officer, Ryan will lead TPI's finance, accounting and investor relations functions. Prior to joining TPI, Ryan served in various financial and investor relations roles at Rockwell Collins and Collins Aerospace from December 2002 to February 2022, most recently as the Vice President & Chief Financial Officer of the Avionics Division of Collins Aerospace, from November 2018 to Februar
TEMPE, Ariz., Oct. 12, 2021 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE:BHE) today announced the appointment of Ramesh Gopalakrishnan as an independent director to the Company's Board of Directors, effective October 11, 2021. Benchmark also announced today the retirement of Bruce Carlson, who has served as a board member since 2017, also effective October 11, 2021. "Bruce has been a valuable member of the Board and we have appreciated his experience and insights," said David W. Scheible, Chairman of the Board. "On behalf of the Board of Directors, I thank Bruce for his
SCOTTSDALE, Ariz., June 30, 2021 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (NASDAQ:TPIC) announced today that it has hired Jerry Lavine as its President, Transportation, effective June 30, 2021. In this position, Jerry will oversee the Company's transportation business. Jerry brings nearly 30 years of experience in the automotive industry in technical, operational and commercial roles. Jerry has recently served as a consultant to new entrant automotive manufacturers and other automotive industry participants. Prior to his role as a consultant, Jerry served as the Chief Technology Officer and President North America of Bordrin New Energy Vehicle Corporation from November 2017 to Janu