TPI Composites, Inc. (TPICQ) Stock Analysis
DELISTED 2026
What happened to TPI Composites, Inc. (TPICQ) stock?
TPI Composites, Inc. (TPICQ) no longer trades on public markets. It was delisted in July 2026. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
TPI Composites, Inc. (TPICQ) trades at $0.007. TPI Composites, Inc. manufactures and sells composite wind blades and related precision molding and assembly systems to original equipment manufacturers (OEMs). The company also provides composite solutions for the transportation industry. Sector: Industrials.
Last analyzed: Mar 17, 2026Analyst Coverage for TPICQ: TPICQ does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TPICQ against Industrials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
TPICQ: 1/2 scored disciplines lean bearish. Dominant signal: Ken Griffin bullish.
How is this calculated? →TPI Composites, Inc. (TPICQ) Industrial Operations Profile
TPI Composites, Inc. is a manufacturer of composite wind blades and related systems, serving original equipment manufacturers globally. With operations spanning multiple continents, the company also provides composite solutions for the transportation industry, navigating a competitive landscape with a focus on innovation and efficiency.
What Is the Investment Thesis for TPICQ?
TPI Composites operates in the growing wind energy sector. Key value drivers include increasing global demand for renewable energy and technological advancements in composite materials. The company's ability to secure long-term contracts with major OEMs is a positive indicator. However, investors may want to evaluate the company's negative profit and gross margins (-24.5% and -7.8% respectively), which raise concerns about profitability. The high beta of 1.97 suggests significant volatility relative to the market. Growth catalysts include expansion into new geographic markets and diversification of composite solutions for the transportation industry. The company's success hinges on improving operational efficiency and cost management to achieve profitability.
Based on FMP financials and quantitative analysis
TPICQ Key Highlights
TPI Composites operates in the wind energy sector, manufacturing composite wind blades and related systems.
- The company serves original equipment manufacturers (OEMs) globally, with a presence in the United States, Asia, Mexico, Europe, the Middle East, Africa, and India.
- TPI Composites provides composite solutions for the transportation industry, diversifying its revenue streams.
- The company's negative profit margin of -24.5% and gross margin of -7.8% indicate significant challenges in achieving profitability.
- TPI Composites has a high beta of 1.97, suggesting significant volatility compared to the broader market.
Who Are TPICQ's Competitors?
TPICQ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| NXHSF Next Hydrogen Solutions Inc. | $0.32 | +0.00% | $8.01M | 59 |
| XCH XCHG Limited American Depositary Share | $0.23 | +0.00% | $12.5M | 56 |
| GTEC Greenland Technologies Holding Corporation | $0.96 | +8.13% | $25.5M | 82 |
| DYFSF dynaCERT Inc. | $0.08 | +0.00% | $40.7M | 59 |
| CHHGF Chen Hsong Holdings Limited | $0.23 | +0.00% | $146M | 55 |
| AMROF Amaero International Ltd | $0.23 | +11.90% | $149M | 56 |
| TAYD Taylor Devices, Inc. | $55.79 | -3.31% | $180M | 60 |
| TWIN Twin Disc, Incorporated | $24.47 | +3.34% | $353M | 65 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TPICQ's Key Strengths?
Global manufacturing footprint
- Expertise in composite materials
- Long-term relationships with OEMs
What Are TPICQ's Weaknesses?
Negative profit margin
- High beta
- Dependence on the wind energy sector
What Could Drive TPICQ Stock Higher?
Increasing global demand for renewable energy driving demand for wind blades.
- Potential expansion into new geographic markets in Asia and Latin America.
- Diversification into composite solutions for the transportation industry.
- Development of advanced composite materials with improved performance.
- Strategic partnerships and acquisitions to expand product portfolio and market reach.
What Are the Key Risks for TPICQ?
Financial-distress signal — its Altman Z-Score of -5.03 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Negative profit and gross margins raise concerns about profitability.
- High beta indicates significant volatility relative to the market.
- Dependence on the wind energy sector exposes the company to industry-specific risks.
- Fluctuations in raw material costs can impact profitability.
- Limited financial disclosure due to OTC listing increases investment risk.
What Are the Growth Opportunities for TPICQ?
- Expansion into Emerging Markets: TPI Composites can capitalize on the increasing demand for wind energy in emerging markets, particularly in Asia and Latin America. These regions are experiencing rapid economic growth and increasing energy consumption, creating a significant opportunity for wind energy deployment. By establishing manufacturing facilities and partnerships in these markets, TPI Composites can gain a competitive advantage and secure long-term contracts with local OEMs. This expansion could increase revenue by 15-20% over the next 3-5 years.
- Diversification of Composite Solutions for Transportation: TPI Composites can leverage its expertise in composite materials to develop innovative solutions for the transportation industry. This includes manufacturing lightweight composite components for electric vehicles, buses, and trains, which can improve fuel efficiency and reduce emissions. The market for composite materials in transportation is expected to grow significantly in the coming years, driven by increasing demand for sustainable transportation solutions. This diversification could add 10-15% to the company's revenue within 3-5 years.
- Development of Advanced Composite Materials: Investing in research and development to create advanced composite materials with improved strength, durability, and cost-effectiveness can provide TPI Composites with a competitive edge. These materials can be used to manufacture larger and more efficient wind blades, as well as lighter and stronger components for the transportation industry. The development of advanced composite materials can lead to higher margins and increased market share. This could lead to a 5-10% increase in profitability over the next 3-5 years.
- Strategic Partnerships and Acquisitions: TPI Composites can pursue strategic partnerships and acquisitions to expand its product portfolio, geographic reach, and technological capabilities. Partnering with technology companies can accelerate the development of advanced composite materials and manufacturing processes. Acquiring smaller companies with complementary expertise can provide access to new markets and customers. These partnerships and acquisitions can create synergies and enhance the company's overall competitiveness. This could lead to a 10-15% increase in market share over the next 3-5 years.
- Focus on Service and Maintenance: TPI Composites can expand its service and maintenance offerings for wind turbine blades, providing inspection, repair, and maintenance services to wind farm owners and operators. This can generate recurring revenue and strengthen customer relationships. The market for wind turbine blade maintenance is growing rapidly, driven by the increasing number of wind turbines in operation and the need to ensure their long-term performance. This service expansion could add 5-10% to the company's revenue within 3-5 years.
What Threats Does TPICQ Face?
- Competition from other manufacturers
- Fluctuations in raw material costs
- Changes in government regulations
What Are TPICQ's Competitive Advantages?
- Global manufacturing footprint provides a competitive advantage.
- Expertise in composite materials and manufacturing processes.
- Long-term relationships with major OEMs.
- Diversification into composite solutions for the transportation industry.
What Does TPICQ Do?
Founded in 1968 and headquartered in Scottsdale, Arizona, TPI Composites, Inc. has evolved into a key player in the wind energy and transportation sectors. Originally known as LCSI Holding, Inc., the company rebranded to TPI Composites, Inc. in 2008, marking a strategic shift towards composite solutions. TPI Composites specializes in manufacturing and selling composite wind blades, along with precision molding and assembly systems tailored for original equipment manufacturers (OEMs). Beyond wind energy, TPI Composites extends its expertise to the transportation industry, offering composite solutions designed to enhance performance and durability. The company's global footprint includes operations in the United States, Asia, Mexico, Europe, the Middle East, Africa, and India, reflecting its commitment to serving a diverse and international customer base. TPI Composites also provides field service inspection and repair services to OEM customers and wind farm owners and operators, ensuring the longevity and efficiency of their products.
What Products and Services Does TPICQ Offer?
- Manufactures composite wind blades for wind turbine manufacturers.
- Provides precision molding and assembly systems.
- Offers composite solutions for the transportation industry.
- Supplies field service inspection and repair services.
- Operates in the United States, Asia, Mexico, Europe, the Middle East, Africa, and India.
How Does TPICQ Make Money?
- Sells composite wind blades to original equipment manufacturers (OEMs).
- Provides related precision molding and assembly systems.
- Offers field service inspection and repair services.
- Generates revenue from composite solutions for the transportation industry.
What Industry Does TPICQ Operate In?
TPI Composites operates within the industrial machinery sector, specifically focusing on composite wind blades and related solutions. The wind energy market is driven by increasing global demand for renewable energy sources and government incentives promoting clean energy. The competitive landscape includes companies like ADHC, AMMX, BONL, FUNN and IDGC, which offer similar products or services. TPI Composites differentiates itself through its global manufacturing footprint and its expansion into composite solutions for the transportation industry. The industry faces challenges related to raw material costs, supply chain disruptions, and technological advancements.
Who Are TPICQ's Key Customers?
- Original equipment manufacturers (OEMs) in the wind energy sector.
- Wind farm owners and operators.
- Companies in the transportation industry.
Financial Health
TPI Composites, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -5.03 places it in the distress zone, a signal of elevated financial risk.
Key Financial Metrics
Return on equity for TPI Composites, Inc. stands at 62.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -99.5%, showing how much profit it generates from its asset base. A current ratio of 0.24 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
TPI Composites, Inc. operates in the Industrial - Machinery industry within the Industrials sector. It is headquartered in Scottsdale, US. The company is led by CEO William E. Siwek. TPICQ has traded publicly since 2016.
Forward Outlook
Wall Street analysts project TPI Composites, Inc. revenue of about $1.43B for fiscal 2026, with EPS near $1.03.
TPICQ Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Global manufacturing footprint
- Expertise in composite materials
- Long-term relationships with OEMs
- Ongoing: Increasing global demand for renewable energy driving demand for wind blades.
Bear Case
- Negative profit margin
- High beta
- Dependence on the wind energy sector
- Ongoing: Negative profit and gross margins raise concerns about profitability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
TPICQ Latest News
No recent news available for TPICQ.
Leadership: William E. Siwek
CEO
William E. Siwek serves as the Chief Executive Officer of TPI Composites, Inc. His career spans several decades in the industrial and manufacturing sectors. Prior to joining TPI Composites, Siwek held leadership positions at various companies, focusing on operational efficiency, strategic planning, and market expansion. He brings a wealth of experience in managing large teams and driving growth in complex global organizations. His educational background includes advanced degrees in engineering and business administration.
Track Record: Under William E. Siwek's leadership, TPI Composites has focused on expanding its global manufacturing footprint and diversifying its product offerings. Key achievements include securing long-term contracts with major OEMs and expanding into composite solutions for the transportation industry. Siwek has also emphasized improving operational efficiency and cost management to address profitability challenges. His strategic decisions have aimed at positioning TPI Composites for long-term growth in the renewable energy and transportation sectors.
TPICQ OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, encompassing stocks that may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it difficult for investors to assess their financial health and operational performance. Investing in OTC Other stocks carries a higher degree of risk compared to stocks listed on major exchanges like the NYSE or NASDAQ due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Limited financial disclosure
- Low trading volume and liquidity
- Higher price volatility
- Potential for fraud or manipulation
- Lack of regulatory oversight
- Verify the company's legal status and registration.
- Obtain and review available financial statements.
- Assess the company's business model and competitive landscape.
- Research the background and experience of the company's management team.
- Evaluate the company's risk factors and potential liabilities.
- Consult with a qualified financial advisor.
- Understand the OTC market and its associated risks.
- Company has been in operation for a significant period (founded in 1968).
- Global manufacturing footprint suggests a substantial operation.
- Serves original equipment manufacturers (OEMs), indicating established business relationships.
- Provides composite solutions for the transportation industry, demonstrating diversification.
- CEO has a background in the industrial and manufacturing sectors.
TPI Composites, Inc. Industrials Stock: Key Questions Answered
What happened to TPI Composites, Inc. (TPICQ) stock?
TPI Composites, Inc. (TPICQ) no longer trades on public markets. It was delisted in July 2026. The figures below are historical and are not a current quote.
Can I still buy TPICQ shares?
No. TPICQ stopped trading on public markets in July 2026, so the shares are not available through a broker. Anything you see quoted for TPICQ elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before TPICQ stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to TPI Composites, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does TPI Composites, Inc. do?
TPI Composites, Inc. specializes in the manufacture and sale of composite wind blades, along with related precision molding and assembly systems, primarily serving original equipment manufacturers (OEMs) in the wind energy sector. The company also provides composite solutions for the transportation industry, leveraging its expertise in advanced materials to diversify its revenue streams.
What do analysts say about TPICQ stock?
Given that TPI Composites, Inc. (TPICQ) trades on the OTC market, analyst coverage may be limited compared to companies listed on major exchanges. Key valuation metrics to consider include the company's negative profit and gross margins, which indicate challenges in achieving profitability.
What are the main risks for TPICQ?
The main risks for TPI Composites, Inc. include its negative profit and gross margins, which raise concerns about its ability to generate sustainable profits. The company's high beta indicates significant volatility relative to the market. Dependence on the wind energy sector exposes the company to industry-specific risks, such as changes in government regulations and fluctuations in demand.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- AI analysis is pending and may provide additional insights.