Broadwind Energy (NASDAQ:BWEN) Earns Buy Rating from HC Wainwright

Broadwind Energy (NASDAQ:BWEN)‘s stock had its “buy” rating reaffirmed by stock analysts at HC Wainwright in a research note issued to investors on Tuesday,Benzinga reports. They presently have a $6.00 price objective on the industrial products company’s stock. HC Wainwright’s target price would suggest a potential upside of 145.90% from the company’s previous close. HC Wainwright also issued estimates for Broadwind Energy’s Q3 2026 earnings at $0.02 EPS.

Several other equities analysts also recently weighed in on the stock. Wall Street Zen upgraded shares of Broadwind Energy from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Broadwind Energy in a research note on Monday, December 22nd. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Broadwind Energy has an average rating of “Moderate Buy” and an average target price of $4.50.

Broadwind Energy Price Performance

BWEN stock opened at $2.44 on Tuesday. The firm has a 50 day moving average of $3.18 and a 200-day moving average of $2.63. The company has a market cap of $56.61 million, a price-to-earnings ratio of 11.09 and a beta of 1.39. The company has a current ratio of 1.97, a quick ratio of 0.66 and a debt-to-equity ratio of 0.12. Broadwind Energy has a 12-month low of $1.41 and a 12-month high of $4.15.

Broadwind Energy (NASDAQ:BWEN) last released its quarterly earnings results on Thursday, November 13th. The industrial products company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $44.24 million for the quarter, compared to analysts’ expectations of $41.28 million. Broadwind Energy had a negative return on equity of 2.05% and a net margin of 3.37%. As a group, equities analysts expect that Broadwind Energy will post 0.01 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BWEN. XTX Topco Ltd purchased a new stake in shares of Broadwind Energy in the second quarter valued at $25,000. Virtu Financial LLC acquired a new position in shares of Broadwind Energy during the 3rd quarter valued at about $31,000. Corsair Capital Management L.P. purchased a new position in shares of Broadwind Energy during the 2nd quarter worth about $30,000. Goldman Sachs Group Inc. purchased a new position in shares of Broadwind Energy during the 1st quarter worth about $25,000. Finally, LPL Financial LLC boosted its position in shares of Broadwind Energy by 62.0% in the fourth quarter. LPL Financial LLC now owns 31,637 shares of the industrial products company’s stock worth $90,000 after acquiring an additional 12,102 shares during the last quarter. 33.27% of the stock is currently owned by institutional investors and hedge funds.

Broadwind Energy Company Profile

Broadwind Energy, Inc (NASDAQ: BWEN) is an engineering and manufacturing company focused on the design, production and service of heavy industrial equipment for energy infrastructure and related markets. The company’s offerings include custom-engineered gearboxes, couplings, hydrodynamic drives and utility-scale wind turbine towers. In addition to new equipment, Broadwind Energy provides aftermarket repair, refurbishment and testing services to support the long-term operation of energy and industrial assets.

The company operates through two principal segments.