TPIC Stock Summary and Trading Ideas (Tpi Composites | NASDAQ:TPIC)

TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.

Tpi Composites trades on the NASDAQ stock market under the symbol TPIC.

As of March 5, 2025, TPIC stock price declined to $1.09 with 720,309 million shares trading.

TPIC has a beta of 0.77, meaning it tends to be less sensitive to market movements. TPIC has a correlation of 0.01 to the broad based SPY ETF.

TPIC has a market cap of $51.66 million. This is considered a Micro Cap stock.

Last quarter Tpi Composites reported $347 million in Revenue and -$1.01 earnings per share. This fell short of revenue expectation by $-18 million and missed earnings estimates by -$.67.

In the last 3 years, TPIC traded as high as $25.05 and as low as $.98.

The top ETF exchange traded funds that TPIC belongs to (by Net Assets): VTI, IWM, VXF, PBW, PRFZ.

TPIC has underperformed the market in the last year with a price return of -64.2% while the SPY ETF gained +15.2%. TPIC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -40.7% and -20.2%, respectively, while the SPY returned -3.7% and -4.6%, respectively.

TPIC support price is $1.08 and resistance is $1.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TPIC shares will trade within this expected range on the day.