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TPI Composites Sells Turkish Subsidiaries to XCS Composites

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TPI Composites Sells Turkish Subsidiaries to XCS Composites

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The latest announcement is out from TPI Composites ( (TPICQ) ).

On September 10, 2025, TPI Composites completed the sale of its ownership interests in two subsidiaries in Türkiye, which included wind blade manufacturing facilities and a field service business, to XCS Composites L.L.C-FZ. This transaction, which was approved by the U.S. Bankruptcy Court, involved the transfer of assets, operations, and liabilities, significantly impacting TPI’s EMEA segment and affecting approximately 2,700 employees.

The most recent analyst rating on (TPICQ) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on TPI Composites stock, see the TPICQ Stock Forecast page.

Spark’s Take on TPICQ Stock

According to Spark, TipRanks’ AI Analyst, TPICQ is a Underperform.

TPI Composites’ overall stock score is low due to significant financial challenges, bearish technical indicators, unattractive valuation, and negative corporate events. The company’s financial instability, coupled with weak market momentum and strategic uncertainties, contribute to a cautious outlook.

To see Spark’s full report on TPICQ stock, click here.

More about TPI Composites

TPI Composites, Inc. operates in the renewable energy sector, primarily focusing on the manufacturing of wind blades and providing field service inspection and repair services.

Average Trading Volume: 15,398,372

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.41M

Learn more about TPICQ stock on TipRanks’ Stock Analysis page.

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