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TPI Composites ( (TPIC) ) has provided an update.
On August 11, 2025, TPI Composites, Inc. and its subsidiaries filed for Chapter 11 bankruptcy to restructure financially and operationally. The restructuring is supported by a $82.5 million DIP Facility from Oaktree Capital Management, with the company continuing operations as debtor-in-possession. The bankruptcy filing triggered defaults on existing debts, including $471.8 million under the Existing Credit Agreement and $135.3 million in Convertible Notes. Additionally, TPI Composites received a delisting notice from Nasdaq, with trading suspension set for August 19, 2025, and plans to move to the OTC market.
The most recent analyst rating on (TPIC) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on TPI Composites stock, see the TPIC Stock Forecast page.
Spark’s Take on TPIC Stock
According to Spark, TipRanks’ AI Analyst, TPIC is a Underperform.
The most significant factor influencing the score is the company’s poor financial performance, marked by declining revenues and negative profitability. The Chapter 11 bankruptcy filing further exacerbates the situation, indicating severe financial distress. Technical analysis and valuation metrics also reflect a challenging environment, with bearish momentum and unattractive valuation. While the earnings call provided some positive insights, such as revenue growth, the overall outlook remains bleak due to ongoing market uncertainties and operational challenges.
To see Spark’s full report on TPIC stock, click here.
More about TPI Composites
TPI Composites, Inc. operates in the renewable energy industry, primarily focusing on the manufacturing of composite wind blades for wind turbines. The company is involved in the production and supply of these components to wind turbine manufacturers globally, contributing to the renewable energy sector.
Average Trading Volume: 13,296,311
Technical Sentiment Signal: Strong Sell
Current Market Cap: $14.44M
For a thorough assessment of TPIC stock, go to TipRanks’ Stock Analysis page.