TPI Composites (TPIC) Stock Price

TPI Composites Price

Delisted·Jun 8, 2026
0.13USD+0.00 (+0.00 %)
Last traded price

Over the last 12 years TPI Composites grew revenue by 19.6% annually, reaching 1.33 B USD. Earnings per share have declined at 12.8% per year over the last 5 years. For TPI Composites, the net margin of -18.1% is down versus -1.1% a few years ago. The consensus 12-month price target for TPI Composites is 2.04 USD, about 1,505.0% above where the stock trades today. Of 8 analysts, 6 rate the stock a buy — an overall Buy consensus.

TPI Composites stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of TPI Composites over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how TPI Composites stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing TPI Composites's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

TPI Composites Stock Price History
DateTPI Composites Price
6/8/20260.13 USD
4/6/20260.13 USD
8/18/20250.13 USD
8/15/20250.13 USD
8/14/20250.16 USD
8/13/20250.08 USD
8/12/20250.10 USD
8/11/20250.10 USD
Access this data via the Eulerpool API

TPI Composites Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
1.73 B USD
-97.70 M USD
-159.55 M USD
Jan 1, 2022
1.52 B USD
-20.91 M USD
-55.55 M USD
Jan 1, 2023
1.46 B USD
-166.78 M USD
-201.78 M USD
Jan 1, 2024
1.33 B USD
-105.15 M USD
-240.71 M USD
Jan 1, 2025 (e)
1.43 B USD
-86.58 M USD
-139.86 M USD
Jan 1, 2026 (e)
1.42 B USD
-85.51 M USD
-120.36 M USD
Jan 1, 2027 (e)
1.66 B USD
-100.26 M USD
36.83 M USD
Jan 1, 2028 (e)
1.70 B USD
-102.67 M USD
0.00 USD

TPI Composites Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 8, 2026, 10:20 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2013201420152016201720182019202020212022202320242025e2026e2027e2028e
0.220.320.590.750.931.031.441.671.731.521.461.331.431.421.661.70
37.8248.8482.8128.8923.3410.6539.5516.303.71-12.12-4.40-8.527.66-1.2617.312.35
3.724.387.0110.2112.047.005.363.83-1.790.92-5.98-3.91-3.91-3.91-3.91-3.91
8.0014.0041.0077.00112.0072.0077.0064.00-31.0014.00-87.00-52.00-55.98-55.28-64.85-66.38
5.0027.0043.0072.0024.0015.002.00-97.00-20.00-166.00-105.00-86.00-85.00-100.00-102.00
1.564.625.707.742.331.040.12-5.60-1.31-11.41-7.89-6.00-6.01-6.02-6.00
1.00-6.007.0013.0043.005.00-15.00-19.00-159.00-55.00-201.00-240.00-139.00-120.0036.00
-105.00-700.00-216.6785.71230.77-88.37-400.0026.67736.84-65.41265.4519.40-42.08-13.67-130.00
4.244.2426.5633.7435.2034.6135.1738.1039.1041.9843.4247.5847.5847.5847.5847.58
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales TPI Composites generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue TPI Composites retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare TPI Composites's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares TPI Composites has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against TPI Composites's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

TPI Composites stock margins

The TPI Composites margin analysis displays the gross margin, EBIT margin, as well as the profit margin of TPI Composites. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for TPI Composites.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
3.84 %
0.16 %
-1.14 %
Jan 1, 2021
-1.82 %
-5.64 %
-9.21 %
Jan 1, 2022
0.96 %
-1.37 %
-3.65 %
Jan 1, 2023
-6.02 %
-11.46 %
-13.87 %
Jan 1, 2024
-3.98 %
-7.90 %
-18.08 %
Jan 1, 2025 (e)
-3.98 %
-6.04 %
-9.76 %
Jan 1, 2026 (e)
-3.98 %
-6.04 %
-8.50 %
Jan 1, 2027 (e)
-3.98 %
-6.04 %
2.22 %

TPI Composites Stock Revenue, EBIT, Earnings per Share

The TPI Composites earnings per share therefore indicates how much revenue TPI Composites has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
43.84 USD
0.07 USD
-0.50 USD
Jan 1, 2021
44.31 USD
-2.50 USD
-4.08 USD
Jan 1, 2022
36.27 USD
-0.50 USD
-1.32 USD
Jan 1, 2023
33.51 USD
-3.84 USD
-4.65 USD
Jan 1, 2024
27.98 USD
-2.21 USD
-5.06 USD
Jan 1, 2025 (e)
29.42 USD
-1.82 USD
-2.87 USD
Jan 1, 2026 (e)
29.05 USD
-1.80 USD
-2.47 USD
Jan 1, 2027 (e)
34.07 USD
-2.11 USD
0.76 USD

TPI Composites business model & stock analysis

TPI Composites Inc is a US-American company that was founded in 1968. The company is headquartered in Scottsdale, Arizona, and is a leading manufacturer of composite materials for the wind energy and transportation industries. TPI Composites produces blades for wind turbines, truck body parts, floors and roofs for buses, structures for trams and other commercial vehicles, as well as boats. The business model of TPI Composites is based on the production of composite materials and the development of new technologies to use these materials more effectively and efficiently. The company strives to offer its customers customized and cost-effective solutions to meet their specific requirements. TPI Composites' products and services are offered worldwide and are used in various industries. The company operates three main divisions: wind energy, transportation, and segments. In the wind energy industry, TPI Composites is a leading manufacturer of rotor blades for wind turbines. The blades are produced in various sizes and are suitable for wind turbines with a capacity of up to 5 MW. TPI Composites has one of the largest production capacities worldwide and produces blades for some of the world's largest wind turbine manufacturers. In the transportation industry, TPI Composites produces composite parts for commercial vehicles such as truck body parts, floors and roofs for buses, as well as structures for trams and other commercial vehicles. The company strives to develop innovative solutions to expand its product offering and meet its customers' needs. In the segment division, TPI Composites produces composite skeletons for boats and other marine structures. The company aims to leverage its technological expertise and know-how in composite technology to develop innovative solutions for the maritime sector. TPI Composites is a company that continuously invests in research and development to maintain its leadership position in composite technology. The company has a comprehensive research and development department and works closely with customers and academics to find new applications for its products. TPI Composites has also established partnerships with leading universities and institutions around the world to explore and develop new technologies and materials. Overall, TPI Composites is a reliable partner for customers in various industries, offering innovative solutions for their specific requirements. The company will continue to invest in research and development to expand its product offering and solidify its position as a leading manufacturer of composite materials.

TPI Composites SWOT Analysis

Strengths

TPI Composites Inc (TPI) has several key strengths that contribute to its competitive advantage: - Strong industry reputation: TPI has built a strong reputation as a leading manufacturer of composite wind blades in the renewable energy industry. - Diversified customer base: TPI serves a diverse range of customers, including major wind turbine manufacturers, which reduces dependence on a single client. - Technological expertise: The company possesses advanced technology and engineering capabilities, allowing them to develop innovative and high-quality products. - Global footprint: TPI operates manufacturing facilities in multiple countries, providing it with a global presence and access to different markets. - Cost efficiency: TPI's efficient manufacturing processes and economies of scale enable it to offer competitive prices to customers.

Weaknesses

Despite its strengths, TPI Composites Inc faces certain weaknesses that may hinder its growth: - Dependence on wind energy market: TPI's business heavily relies on the wind energy sector, making it vulnerable to fluctuations in demand and market conditions. - Supply chain risks: The company depends on a complex global supply chain, which can be susceptible to disruptions and delays. - Limited product diversification: TPI primarily focuses on wind blades and has limited product diversification, which exposes it to the cyclical nature of the wind energy industry. - Intense competition: The renewable energy industry is highly competitive, with numerous players vying for market share, putting pressure on pricing and profit margins. - Regulatory uncertainties: Changes in government policies and regulations related to renewable energy could impact TPI's operations and market opportunities.

Opportunities

TPI Composites Inc can leverage the following opportunities to drive its growth: - Growing wind energy market: The increasing global focus on renewable energy and the shift towards wind power present significant growth opportunities for TPI. - Expansion into new markets: TPI has the potential to expand its presence into emerging markets, such as Asia and South America, where wind power development is on the rise. - Technological advancements: Continuous advancements in composite materials and manufacturing techniques can provide TPI with opportunities to develop innovative and more efficient products. - Diversification into related sectors: TPI can explore diversification into related sectors, such as solar energy or other composite-based applications, to reduce dependence on a single industry. - Strategic partnerships and collaborations: Forming strategic partnerships with wind turbine manufacturers and other key players in the renewable energy market can help in accessing new markets and technologies.

Threats

TPI Composites Inc should be aware of the following threats that may pose challenges to its business: - Price pressure: Intense competition and price pressure within the renewable energy industry may impact TPI's profitability and pricing strategies. - Market volatility: The wind energy market is subject to cyclical trends and can be affected by economic uncertainty, government policies, and changes in energy prices. - Supply chain disruptions: Disruptions in the global supply chain can lead to delays, increased costs, and potential loss of customers. - Technological advancements by competitors: Competitors introducing more advanced or cost-effective solutions could erode TPI's market share. - Environmental and regulatory challenges: Compliance with environmental regulations and obtaining necessary permits and approvals for wind energy projects can be complex and time-consuming.

TPI Composites Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

TPI Composites Employees
Details
Date
TPI Composites Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

TPI Composites Segments

TPI Composites Revenue by Segment (1/6)

  • 3 Years

  • 5 Years

  • Max

Automotive
Transportation
Details
Date
Automotive
Transportation
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
29.25 M USD
Jan 1, 2019
0.00 USD
28.87 M USD
Jan 1, 2020
0.00 USD
36.20 M USD
Jan 1, 2021
0.00 USD
37.31 M USD
Jan 1, 2022
44.00 M USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

TPI Composites Revenue by Segment (2/6)

  • 3 Years

  • 5 Years

  • Max

Wind blades
Field services inspection and repair services
Other
Precision molding and assembly systems
Details
Date
Wind blades
Field services inspection and repair services
Other
Precision molding and assembly systems
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
933.27 M USD
0.00 USD
18.25 M USD
48.85 M USD
Jan 1, 2019
1.33 B USD
0.00 USD
30.23 M USD
48.68 M USD
Jan 1, 2020
1.58 B USD
0.00 USD
25.81 M USD
28.07 M USD
Jan 1, 2021
1.61 B USD
35.13 M USD
14.28 M USD
34.92 M USD
Jan 1, 2022
1.40 B USD
54.92 M USD
19.69 M USD
2.94 M USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
869.92 M USD
48.54 M USD
0.00 USD
0.00 USD

TPI Composites Revenue by Segment (3/6)

  • Max

Wind Blades
Field Services Inspection and Repair Services
Details
Date
Wind Blades
Field Services Inspection and Repair Services
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2024
1.30 B USD
32.84 M USD
Jan 1, 2025
0.00 USD
0.00 USD

TPI Composites Revenue by Segment (4/6)

  • 3 Years

  • 5 Years

  • Max

Mexico
Mexico segment
EMEA Segment
Asia segment
EMEA
Europe, Middle East, Africa and India Segment
Europe Middle East and Africa segment
United States segment
India segment
U.S. Segment
Other Segment
Details
Date
Mexico
Mexico segment
EMEA Segment
Asia segment
EMEA
Europe, Middle East, Africa and India Segment
Europe Middle East and Africa segment
United States segment
India segment
U.S. Segment
Other Segment
Jan 1, 2017
0.00 USD
195.96 M USD
0.00 USD
361.70 M USD
0.00 USD
0.00 USD
190.74 M USD
181.89 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
268.76 M USD
0.00 USD
306.26 M USD
0.00 USD
290.90 M USD
0.00 USD
163.72 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
435.61 M USD
0.00 USD
393.81 M USD
0.00 USD
437.77 M USD
0.00 USD
169.32 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
608.10 M USD
0.00 USD
0.00 USD
260.20 M USD
482.22 M USD
0.00 USD
0.00 USD
0.00 USD
200.23 M USD
181.84 M USD
0.00 USD
Jan 1, 2022
0.00 USD
646.62 M USD
568.99 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
89.17 M USD
217.96 M USD
0.00 USD
0.00 USD
Jan 1, 2024
696.76 M USD
0.00 USD
0.00 USD
0.00 USD
447.88 M USD
0.00 USD
0.00 USD
0.00 USD
166.28 M USD
20.20 M USD
0.00 USD
Jan 1, 2025
716.82 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
129.17 M USD
65.78 M USD
6.69 M USD

TPI Composites Revenue by Segment (5/6)

  • 3 Years

  • 5 Years

  • Max

Mexico segment
Asia segment
Europe, Middle East, Africa and India Segment
United States segment
India segment
Details
Date
Mexico segment
Asia segment
Europe, Middle East, Africa and India Segment
United States segment
India segment
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
495.84 M USD
527.08 M USD
373.55 M USD
181.94 M USD
91.73 M USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

TPI Composites Revenue by Segment (6/6)

  • 3 Years

  • 5 Years

  • Max

Europe Middle East and Africa segment
Details
Date
Europe Middle East and Africa segment
Jan 1, 2017
0.00 USD
Jan 1, 2018
0.00 USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
373.55 M USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

TPI Composites Revenue by Region

  • 3 Years

  • 5 Years

  • Max

MEXICO
EMEA
Turkey and India member
China
TURKEY
INDIA
United States
Automotive
Other Countries
Asia Pacific
Asia
Details
Date
MEXICO
EMEA
Turkey and India member
China
TURKEY
INDIA
United States
Automotive
Other Countries
Asia Pacific
Asia
Jan 1, 2017
195.96 M USD
0.00 USD
0.00 USD
361.70 M USD
190.74 M USD
0.00 USD
181.89 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
268.76 M USD
0.00 USD
0.00 USD
306.26 M USD
290.90 M USD
0.00 USD
163.72 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
435.61 M USD
0.00 USD
437.77 M USD
393.81 M USD
0.00 USD
0.00 USD
169.32 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
495.84 M USD
0.00 USD
0.00 USD
527.08 M USD
373.55 M USD
91.73 M USD
181.94 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
608.10 M USD
0.00 USD
0.00 USD
260.20 M USD
482.22 M USD
200.23 M USD
181.84 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
646.62 M USD
0.00 USD
0.00 USD
0.00 USD
568.99 M USD
217.96 M USD
89.17 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
696.76 M USD
447.88 M USD
0.00 USD
0.00 USD
0.00 USD
166.28 M USD
20.20 M USD
12.29 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
716.82 M USD
0.00 USD
0.00 USD
0.00 USD
137.24 M USD
129.17 M USD
65.78 M USD
0.00 USD
6.69 M USD
0.00 USD
0.00 USD

TPI Composites Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

TPI Composites historical P/E ratio, EBIT multiple, and P/S ratio

TPI Composites annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

TPI Composites shares outstanding

The number of shares of TPI Composites was 47.58 M in 2025. This indicates how many shares TPI Composites is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
38.10 M Stocks
Jan 1, 2021
39.10 M Stocks
Jan 1, 2022
41.98 M Stocks
Jan 1, 2023
43.42 M Stocks
Jan 1, 2024
47.58 M Stocks
Jan 1, 2025 (e)
47.58 M Stocks
Jan 1, 2026 (e)
47.58 M Stocks
Jan 1, 2027 (e)
47.58 M Stocks

Current TPI Composites forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
75.00 % (6)
Hold
25.00 % (2)
Sell
0.00 % (0)
12M Price Target
2.04
Last Price
0.13
Currency
USD
12M Return Potential
1,505.04 %
LTM Return
0 %

TPI Composites Analyst Rating Actions

DateFirmActionRatingReliability
7/8/2025
TD Cowen
TD Cowen
DowngradeBuyHold60
5/29/2025
UBS
UBS
MaintainedNeutral51
3/18/2025
Jefferies
Jefferies
DowngradeHoldUnderperform47
2/25/2025
UBS
UBS
MaintainedNeutral51
2/21/2025
Roth MKM
Roth MKM
MaintainedNeutral
12/12/2024
JP Morgan
JP Morgan
DowngradeOverweightNeutral80
11/15/2024
Morgan Stanley
Morgan Stanley
DowngradeEqual WeightUnderweight60
11/7/2024
B of A Securities
B of A Securities
MaintainedBuy70
8/12/2024
Piper Sandler
Piper Sandler
MaintainedNeutral51
7/22/2024
Piper Sandler
Piper Sandler
MaintainedNeutral51

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

TPI Composites Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/10/2026-0.62USD-365.36 MUSD-2026 Q2
5/11/2026-0.67USD-330.58 MUSD-2026 Q1
2/18/2026-0.67USD-375.36 MUSD-2025 Q4
5/1/2024-0.61USD-350.42 MUSD-2024 Q1
2/20/2024-0.92USD-350.46 MUSD-2023 Q4
8/1/2023-0.40USD-420.73 MUSD-2023 Q2
5/3/2023-0.45USD-409.89 MUSD-2023 Q1
2/22/2023-0.54USD-458.15 MUSD-2022 Q4
11/3/2022-0.29USD-479.32 MUSD-2022 Q3
8/3/2022-0.40USD-429.53 MUSD-2022 Q2

EESG©

Eulerpool ESG Scorecard© for the TPI Composites stock

65/100
63
Environment
67
Social
64
Governance
E

Environment

20
Scope 1 - Direct Emissions9,610
Scope 2 - Indirect emissions from purchased energy61,685
Scope 3 - Indirect emissions within the value chain1,224,000
Total CO₂ emissions71,295
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees16
Percentage of women in management
Percentage of Asian employees
Share of Asian management6
Percentage of Hispanic/Latino employees
Hispano/Latino Management share6
Percentage of Black employees
Black Management Share3
Percentage of white employees
White Management Share77
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

TPI Composites shareholder structure

% Name
9.46030%
Oaktree Capital Management, L.P.
Oaktree Capital Management, L.P.
4.34765%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
3.56454%
Brightline Capital Management, LLC
Brightline Capital Management, LLC
2.05655%
Millennium Management LLC
Millennium Management LLC
1.75430%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.21588%
Morgan Stanley Smith Barney LLC
Morgan Stanley Smith Barney LLC
...

TPI Composites Beneficial Ownership Filings (SEC 13D/G)

Free Float
70.4%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
25.20%
ZEKI BORA TURAN
ZEKI BORA TURAN
SEC ↗
12.40%
OCM Holdings I, LLC
OCM Holdings I, LLC
SEC ↗
12.40%
Oaktree Fund GP I, L.P.
Oaktree Fund GP I, L.P.
SEC ↗
12.40%
Oaktree Capital I, L.P.
Oaktree Capital I, L.P.
SEC ↗
12.00%
Page 3 of 7
Page 3 of 7
SEC ↗
11.26%
11.26% (2)
11.26% (2)
SEC ↗
11.00%
BNP PARIBAS ASSET MANAGEMENT UK Ltd.
BNP PARIBAS ASSET MANAGEMENT UK Ltd.
SEC ↗
10.50%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
9.90%
Oaktree Capital Group Holdings GP, LLC
Oaktree Capital Group Holdings GP, LLC
SEC ↗
9.73%
Oaktree Capital Group, LLC
Oaktree Capital Group, LLC
SEC ↗

TPI Composites Executives and Management Board

12 members · avg. age 58 · 17 % women

WS

Mr. William Siwek (62)

President, Chief Executive Officer, Director · since 2013

1.62 M USD

Management

RM

Mr. Ryan Miller (50)

Chief Financial Officer

879,198.00 USD
CS

Mr. Charles Stroo (49)

Chief Operating Officer - Wind

679,830.00 USD
SF

Mr. Steven Fishbach (55)

General Counsel, Secretary

614,944.00 USD

Board of Directors

SL

Mr. Steven Lockard (63)

Independent Chairman of the Board · since 2004

280,000.00 USD
PG

Mr. Paul Giovacchini (68)

Lead Independent Director

262,500.00 USD
JD

Ms. Jayshree Desai (53)

Independent Director

247,500.00 USD
BH

Ms. Bavan Holloway (60)

Independent Director

235,000.00 USD
JH

Mr. James Hughes (62)

Independent Director

231,250.00 USD
TJ

Mr. Tyrone Jordan (63)

Independent Director

230,000.00 USD

Frequently asked questions about TPI Composites

The main competitors of TPI Composites Inc in the market include Vestas Wind Systems, General Electric (GE) Renewable Energy, and Siemens Gamesa Renewable Energy.

TPI Composites Inc is a leading manufacturer of composite wind blades for the wind energy industry. Their business model focuses on producing high-quality, cost-effective wind blades, catering to the needs of wind turbine manufacturers worldwide. By leveraging their extensive experience, technological expertise, and global manufacturing footprint, TPI Composites Inc has established itself as a key player in the renewable energy sector. With a commitment to sustainability and innovation, they strive to contribute to a cleaner and greener future by providing reliable and efficient wind energy solutions.

TPI Composites Inc is primarily active in the renewable energy industry, specifically in the wind energy sector. With its expertise in advanced composite technology, TPI Composites plays a key role in the manufacturing and distribution of wind blades for wind turbines. As a leading global provider of composite products, TPI Composites collaborates with major wind turbine manufacturers to drive the clean energy revolution. Through its dedication to sustainable solutions, TPI Composites is contributing to the growth and development of the renewable energy sector worldwide.

TPI Composites Inc is a renowned company with a rich history and background. Established in 1968, TPI Composites has become a leading global manufacturer of composite wind blades for the wind energy industry. With its headquarters in Scottsdale, Arizona, the company has expanded its operations to various countries, including the United States, Mexico, China, India, and Turkey. TPI Composites specializes in delivering lightweight, reliable, and cost-effective solutions, making significant contributions to the renewable energy sector. Over the years, the company has formed strategic partnerships with prominent wind turbine manufacturers and has a track record of providing innovative, high-quality products. TPI Composites' commitment to sustainability and excellence has made it a trusted name in the industry.

TPI Composites Inc, a renowned company in the stock market, has successfully achieved significant milestones. With expertise in advanced composites, the company has established itself as a key player in the renewable energy industry. TPI Composites Inc has reached milestones such as expanding global manufacturing capabilities, securing long-term supply agreements with leading wind turbine manufacturers, and achieving consistent revenue growth. Additionally, the company has demonstrated innovation by developing advanced composite solutions for transportation and other industries. TPI Composites Inc's commitment to sustainable practices and successful partnerships has contributed to its remarkable success in the market.

TPI Composites Inc is primarily present in several countries and regions worldwide. These include the United States, China, Mexico, Turkey, India, and Europe. With a diverse global presence, TPI Composites Inc strategically operates its manufacturing facilities and serves customers across these key locations, allowing them to effectively meet the growing demand for quality composite products. As a leading provider of composite solutions, TPI Composites Inc continues to expand its reach and strengthen its presence in the international market, catering to a wide range of industries and delivering innovative solutions to its valued clients.

TPI Composites Inc represents a strong commitment to sustainability and innovation in the composites industry. The company is focused on delivering high-quality, cost-effective wind blades, ensuring clean and renewable energy solutions. TPI places great emphasis on integrity, teamwork, and customer satisfaction, reflecting its corporate philosophy. By implementing advanced manufacturing techniques and using cutting-edge materials, TPI continuously strives to exceed customer expectations and drive the industry forward. TPI Composites Inc's dedication to excellence and environmental responsibility makes it a leader in the market.

Analysts currently set an average price target of 2.04 USD for the TPI Composites stock (median: 2.04 USD), implying +1,505.0 % versus the latest price. The consensus is based on 8 analyst ratings.

8 analysts currently rate the TPI Composites stock: 6 recommend buying, 2 holding and 0 selling. For 2026, analysts expect TPI Composites to generate revenue of 1.42 B USD and earnings per share of -2.53 USD.

Converted at the current exchange rate, the TPI Composites share trades at 0.11 EUR (0.13 USD).

The TPI Composites share (TPIC) is listed on 4 stock exchanges, including: NASDAQ (TPIC), Frankfurt (GX6.F), München (GX6.MU), Düsseldorf (GX6.DU).

TPI Composites Inc is a leading manufacturer of composite materials specializing in the production of wind turbine blades. The company is based in the USA but its products are in demand worldwide. The company's focus is on providing solutions that reduce energy costs and protect the environment.

The expected revenue of TPI Composites is 1.42 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of TPI Composites is -120.36 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of TPI Composites is currently -0.05. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the TPI Composites stock.

The price-to-sales ratio (P/S) of TPI Composites is currently 0.00. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the TPI Composites stock.

The Eulerpool Quality Score for TPI Composites is 2/10.

The ISIN of TPI Composites is US87266J1043. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of TPI Composites is A2AMFQ. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of TPI Composites is TPIC. The ticker symbol is used to trade TPI Composites shares on the stock exchange.

TPI Composites paid dividends every year for the past 0 years.

TPI Composites is assigned to the 'Industry' sector.

The dividends of TPI Composites are distributed in USD.

All fundamentals and in-depth analysis of TPI Composites

Our stock analysis for TPI Composites stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TPI Composites. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.