Broadwind Energy (BWEN) AI Stock Analysis

• Market Cap: $91.30M
• Dividend Yield: N/A
• Average Volume (3M): 226.80K
• Price to Earnings (P/E): 18.2
• Beta (1Y): 0.97
• Revenue Growth: -1.47%
• EPS Growth: 52.65%
• Country: US
• Employees: 411
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 0.32
• Shares Outstanding: 23,200,989
• 10 Day Avg. Volume: 226,881
• 30 Day Avg. Volume: 226,802
• PEG Ratio: -0.42
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.29
• P/FCF Ratio: 4.04
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 0.54
• Enterprise Value/Gross Profit: 5.07
• Enterprise Value/Ebitda: 5.55
• 1Y Price Target: $4.50
• Price Target Upside: 14.21% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: $4.00 ▲(1.52% Upside)

The score is primarily weighed down by mixed financial performance (negative net margin and negative TTM operating/free cash flow) despite manageable leverage. Offsetting this, technicals are constructive with price trading above key moving averages and positive momentum indicators. The latest earnings call was supportive due to sharp order growth, record backlog, and raised revenue guidance, while valuation (P/E 16.659) is reasonable but lacks dividend support.

Positive Factors

Robust Order Growth

A 90% YoY jump in orders materially increases forward revenue visibility and supports higher plant utilization. Durable demand across segments implies multi-quarter project pipelines, enabling steadier production planning, scale benefits, and potential margin recovery over 2–6 months.

Record Industrial Solutions Backlog

A record ~$36M backlog provides concrete near-term revenue and utilization support, reducing sales volatility. Backlog converts to contracted work that sustains throughput, amortizes fixed costs, and underpins operational improvements and revenue realization into the medium term.

Strategic Asset Sale Strengthened Balance Sheet

The $8.2M gain from the Manitowoc sale materially bolstered liquidity and improved equity metrics. This non-core monetization provides funding for capex, debt reduction, or strategic investments, enhancing financial flexibility and supporting long-term operational restructuring.

Negative Factors

Negative Operating and Free Cash Flow

Sustained negative operating and free cash flows constrain internal funding for capex, working capital, and deleveraging. Over time this increases reliance on external financing or asset sales, limiting strategic optionality and raising execution risk for growth initiatives.

Negative Net Margin and ROE

Persistent negative net margin and ROE signal the company is not yet generating acceptable returns on capital. Without sustained margin improvement, reinvested earnings cannot compound value, which undermines long-term shareholder return potential and investment capacity.

Manufacturing Inefficiencies and Segment Weakness

Operational inefficiencies and soft demand in Gearing and PRS reduce throughput and depress gross margins. These structural execution issues can persist across quarters, limiting margin recovery and delaying realization of backlog into profitable revenue absent targeted CAPEX, process fixes, or repricing.

Broadwind Energy Business Overview & Revenue Model

Company Description

Broadwind, Inc. manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets. It offers steel towers and adapters primarily to wind turbine manufacturers. The Gearing segment provides gearing, and gearboxes and systems for onshore and offshore oil and gas fracking and drilling, surface and underground mining, wind energy, steel, material handling, and other infrastructure markets. This segment also offers heat treat services for aftermarket and original equipment manufacturer applications. The Industrial Solutions segment provides supply chain solutions for offering instrumentation and controls, valve assemblies, sensor devices, fuel system components, electrical junction boxes and wiring, energy storage services, and electromechanical devices; light fabrication, inventory management, and kitting and assembly services; packaging solutions; and fabricating services for panels and sub-assemblies to combined cycle natural gas turbine market. The company sells its products to the energy, mining, and infrastructure sector customers through its direct sales force and independent sales agents. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. in May 2020. Broadwind, Inc. is headquartered in Cicero, Illinois.

How the Company Makes Money

Broadwind Energy generates revenue through multiple streams, primarily by manufacturing and selling wind turbine components, such as towers and gearboxes, to wind farm developers and operators. The company also earns revenue from its logistics services, which facilitate the transportation and installation of large turbine components. Additionally, Broadwind may benefit from service contracts that provide ongoing maintenance and support for wind projects. Significant partnerships with major wind turbine manufacturers and developers enhance its market position, allowing Broadwind to secure long-term contracts and increase its earnings potential.

Broadwind Energy Financial Statement Overview

Summary

Broadwind Energy's financial performance is mixed. While there is revenue growth and some operational improvements, profitability remains a challenge with negative net margins and cash flow issues. The balance sheet shows manageable leverage but lacks profitability.

Income Statement

Broadwind Energy's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) revenue growth rate of 6.02% indicates a positive trend, but the net profit margin is negative at -1.52%, reflecting profitability challenges. The gross profit margin has decreased from previous years, indicating potential cost management issues. Despite these challenges, the EBIT and EBITDA margins show some improvement, suggesting operational efficiencies.

Balance Sheet

The balance sheet reflects a moderate financial position. The debt-to-equity ratio of 0.61 suggests a manageable level of leverage, although it has increased slightly over the years. The return on equity is negative, indicating a lack of profitability. However, the equity ratio is relatively stable, suggesting a solid asset base.

Cash Flow

Cash flow analysis reveals concerns, with negative operating and free cash flows in the TTM period. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is unfavorable, indicating cash flow challenges. The free cash flow to net income ratio is high, suggesting that despite negative cash flows, the company is generating cash relative to its net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	153.88M	143.14M	203.48M	176.76M	145.62M	198.50M
Gross Profit	16.45M	21.19M	32.51M	10.71M	5.51M	18.00M
EBITDA	15.03M	10.99M	17.47M	-417.00K	10.34M	6.70M
Net Income	5.19M	1.15M	7.65M	-9.73M	2.85M	-1.49M
Balance Sheet
Total Assets	119.65M	128.29M	135.16M	144.54M	118.05M	119.68M
Cash, Cash Equivalents and Short-Term Investments	1.20M	7.72M	1.10M	12.73M	852.00K	3.37M
Total Debt	26.82M	35.53M	35.42M	33.12M	31.55M	35.61M
Total Liabilities	52.76M	68.89M	79.14M	98.27M	63.91M	79.02M
Stockholders Equity	66.89M	59.40M	56.02M	46.27M	54.13M	40.66M
Cash Flow
Free Cash Flow	-4.38M	10.19M	-13.35M	13.54M	-14.53M	3.78M
Operating Cash Flow	-1.45M	13.81M	-6.95M	16.64M	-12.83M	5.33M
Investing Cash Flow	9.60M	-3.46M	-6.38M	-3.10M	-1.67M	-1.55M
Financing Cash Flow	-8.34M	-3.73M	1.70M	-1.67M	11.98M	-2.83M

Broadwind Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.94
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BWEN, the sentiment is Positive. The current price of 3.94 is above the 20-day moving average (MA) of 3.22, above the 50-day MA of 2.90, and above the 200-day MA of 2.22, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 69.59 is Neutral, neither overbought nor oversold. The STOCH value of 90.63 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BWEN.

Broadwind Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BWEN	65 Neutral	$91.30M	18.21	8.20%	―	-1.47%	52.65%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CVV	53 Neutral	$32.40M	-157.56	-0.73%	―	19.84%	95.71%
CETY	41 Neutral	$3.73M	-0.67	-82.18%	―	-57.40%	52.85%
LASE	41 Neutral	$48.70M	-1.69	-109.15%	―	176.99%	-30.97%
XCH	41 Neutral	$65.40M	―	―	―	―	―
BURU	35 Underperform	$85.76M	-0.14	―	―	-98.20%	93.77%

Broadwind Energy Corporate Events

Broadwind Energy Reports Strong Q3 2025 Revenue Growth

Broadwind announced its third quarter 2025 results, highlighting a 25% increase in total revenue to $44.2 million compared to the same period in 2024, driven by strong demand in the power generation and renewables markets. The company reported a significant rise in total orders by 90% year-over-year, with notable growth in orders from power generation customers. The sale of its industrial fabrication operations in September 2025 resulted in an $8.2 million gain, contributing to a net income of $7.5 million. Broadwind is focusing on consolidating operations and enhancing its manufacturing capabilities, with plans to invest in new product innovation and strategic acquisitions. The company raised its full-year 2025 revenue guidance, reflecting confidence in continued growth within power generation and infrastructure markets.

The most recent analyst rating on (BWEN) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Broadwind Energy stock, see the BWEN Stock Forecast page.