TPI Composites, Inc. Announces First Quarter 2024 Earnings Results – Results In-line with Company Expectations; Reiterate Full Year 2024 Financial Guidance

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Go back to TPI Composites, Inc. Announces First Quarter 2024 Earnings Results – Results In-line with Company Expectations; Reiterate Full Year 2024 Financial Guidance

TPI Composites (TPIC) PT Raised to $3.75 at Roth/MKM

May 6, 2024 5:01 AM EDT

Roth/MKM analyst Philip Shen raised the price target on TPI Composites (NASDAQ: TPIC) to $3.75 (from $3.30) while maintaining a Neutral rating.

The analyst comments "TPIC delivered a Q1 miss as GMs were impacted by start-up and transition costs, a change in estimate for... More

Evercore ISI Comments on TPI Composites (TPIC)

May 3, 2024 6:19 AM EDT

Evercore ISI analyst James West reiterated an Outperform rating and $8.00 price target on TPI Composites (NASDAQ: TPIC).

The analyst comments "First Half Will be Impacted by Transitions, as Previously Expected. No surprises: 2024 is a transition year with profitability expected to improve significantly in the second half (return to mid-single digit adjusted EBITDA margins and positive FCF) and volumes expected to... More