Roth MKM Sticks to Its Hold Rating for TPI Composites (TPIC)
In a report released today, Justin Clare from Roth MKM maintained a Hold rating on TPI Composites (TPIC – Research Report), with a price target of $1.15. The company’s shares closed yesterday at $1.04.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Clare covers the Utilities sector, focusing on stocks such as Ormat Techno, Clearway Energy, and Energy Vault Holdings. According to TipRanks, Clare has an average return of -7.5% and a 47.90% success rate on recommended stocks.
In addition to Roth MKM, TPI Composites also received a Hold from Craig-Hallum’s Eric Stine in a report issued yesterday. However, on May 12, TD Cowen maintained a Buy rating on TPI Composites (NASDAQ: TPIC).
TPIC market cap is currently $48.11M and has a P/E ratio of -0.22.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TPIC in relation to earlier this year. Most recently, in February 2025, Dere Construction Taahhut A.S., a Major Shareholder at TPIC sold 1,999.00 shares for a total of $4,117.94.
Read More on TPIC:
