Broadwind Energy’s Strategic Shift and Financial Growth Justify Buy Rating

Analyst Amit Dayal from H.C. Wainwright maintained a Buy rating on Broadwind Energy (BWEN – Research Report) and keeping the price target at $6.00.

Amit Dayal has given his Buy rating due to a combination of factors that highlight Broadwind Energy’s strategic initiatives and financial projections. The company’s decision to sell its Manitowoc industrial operations for $13 million is seen as a move to focus more on the power generation and infrastructure sectors, which are expected to provide more stable and diversified revenue streams. This strategic shift is intended to reduce the company’s reliance on the volatile wind energy market and make it more appealing to investors.
Furthermore, Amit Dayal projects an increase in revenues from $158 million in 2025 to $171 million in 2026, with improved gross margins and operational leverage. The anticipated growth in adjusted EBITDA from $14.5 million in 2025 to $19.4 million in 2026 supports the positive outlook. The current stock valuation, when compared to projected EV/revenue and EV/adjusted EBITDA multiples, suggests potential upside, justifying the Buy rating with a price target of $6.00.

According to TipRanks, Dayal is an analyst with an average return of -16.4% and a 30.61% success rate. Dayal covers the Industrials sector, focusing on stocks such as Joby Aviation, Plug Power, and Vertical Aerospace.