Broadwind Energy Sells Manitowoc Operations to IES Holdings

The latest announcement is out from Broadwind Energy ( (BWEN) ).

On June 4, 2025, Broadwind Heavy Fabrications, a subsidiary of Broadwind, Inc., entered into an agreement to sell its industrial fabrication operations in Manitowoc, Wisconsin to Wisconsin Heavy Fabrication, LLC, a subsidiary of IES Holdings, Inc., for up to $13.8 million. This transaction, expected to close in the third quarter of 2025, aims to optimize Broadwind’s asset base, enhance liquidity, and support strategic focus on higher-margin precision manufacturing segments, while reducing operating costs and diversifying into other power generation and infrastructure markets.

The most recent analyst rating on (BWEN) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Broadwind Energy stock, see the BWEN Stock Forecast page.

Spark’s Take on BWEN Stock

According to Spark, TipRanks’ AI Analyst, BWEN is a Neutral.

Broadwind Energy’s overall stock score is driven primarily by financial challenges, with declining revenue and negative cash flow impacting its financial health. Positive earnings call insights and moderate technical momentum provide some support, but valuation concerns further weigh down the score.

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

More about Broadwind Energy

Broadwind (Nasdaq: BWEN) is a precision manufacturer of structures, equipment, and components for clean tech and other specialized applications, serving global markets with facilities throughout the U.S.

Average Trading Volume: 101,975

Technical Sentiment Signal: Sell

Current Market Cap: $39.93M

Find detailed analytics on BWEN stock on TipRanks’ Stock Analysis page.