tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TPI Composites Sells Turkish Subsidiaries Amid Bankruptcy

Story Highlights
TPI Composites Sells Turkish Subsidiaries Amid Bankruptcy

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from TPI Composites ( (TPICQ) ) is now available.

On September 4, 2025, TPI Composites, Inc. entered into an agreement to sell its entire ownership interest in two Turkish subsidiaries to XCS Composites L.L.C-FZ. The transaction involves the purchaser assuming all liabilities and debts of the subsidiaries, excluding certain claims and intercompany agreements. The sale is contingent upon several conditions, including court approval related to TPI’s Chapter 11 bankruptcy proceedings, and is expected to close by September 19, 2025.

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 heavily impacted by its poor financial performance and technical analysis, both scoring at the lowest end due to significant challenges. The Chapter 11 bankruptcy filing and delisting notice further exacerbate the negative outlook. While the earnings call showed some positive aspects, they are overshadowed by the company’s broader financial and operational issues.

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

More about TPI Composites

Average Trading Volume: 15,383,129

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.07M

For a thorough assessment of TPICQ stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1