BWEN Chart
About

Broadwind, Inc. manufactures and sells structures, equipment, and components for clean technology and other specialized applications in the United States. The company operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to customers in a range of industrial markets. It offers steel towers and adapters primarily to wind turbine manufacturers. The Gearing segment provides gearing, gearboxes, and precision machined components to a range of customers in diverse markets, including surface and underground mining, wind energy, steel, material handling, infrastructure, onshore and offshore oil and gas fracking and drilling, marine, defense, and other industrial 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, and electromechanical devices; and light fabrication, inventory management, and kitting and assembly services for combined cycle natural gas turbine market, as well as packaging solutions and fabricated panels and sub-assemblies. It sells its products to the energy, mining, and infrastructure sectors 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.

Fundamentals
Scroll to Statements
Sector Industrials Industry Specialty Industrial Mac Market Cap 58.47M
Enterprise Value 89.16M Income 5.19M Sales 153.88M
Book/sh 2.88 Cash/sh 0.04 Dividend Yield —
Payout 0.00% Employees 411 IPO —
P/E 10.96 Forward P/E 252.00 PEG —
P/S 0.38 P/B 0.87 P/C —
EV/EBITDA 13.21 EV/Sales 0.58 Quick Ratio 0.58
Current Ratio 1.97 Debt/Eq 58.28 LT Debt/Eq —
EPS (ttm) 0.23 EPS next Y 0.01 EPS Growth —
Revenue Growth -35.50% Earnings 2026-03-11 ROA 0.12%
ROE 8.20% ROIC — Gross Margin 10.79%
Oper. Margin -15.28% Profit Margin 3.37% Shs Outstand 23.20M
Shs Float 20.10M Short Float 0.21% Short Ratio 0.17
Short Interest — 52W High 4.15 52W Low 1.41
Beta 1.43 Avg Volume 270.64K Volume 149.51K
Target Price $4.33 Recom None Prev Close $2.38
Price $2.52 Change 5.88%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.33
Mean price target
2. Current target
$2.52
Latest analyst target
3. DCF / Fair value
$-2.04
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.52
Low
$3.00
High
$6.00
Mean
$4.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-10 reit HC Wainwright & Co. Buy → Buy $6
2025-03-06 main HC Wainwright & Co. Buy → Buy $6
2024-08-14 main Roth MKM Buy → Buy $4
2024-08-14 main Craig-Hallum Buy → Buy $4
2024-08-14 reit HC Wainwright & Co. Buy → Buy $8
2024-05-17 reit HC Wainwright & Co. Buy → Buy $8
2024-05-15 main Roth MKM Buy → Buy $4
2024-03-06 main Craig-Hallum Buy → Buy $5
2024-03-06 reit HC Wainwright & Co. Buy → Buy $8
2024-03-06 main Roth MKM Buy → Buy $4
2023-11-14 main HC Wainwright & Co. Buy → Buy $8
2023-08-16 reit Roth MKM Buy → Buy $6
2023-08-15 reit HC Wainwright & Co. Buy → Buy $12
2023-05-12 reit HC Wainwright & Co. Buy → Buy $12
2023-04-21 reit HC Wainwright & Co. — → Buy $12
2023-01-17 up HC Wainwright & Co. Neutral → Buy $12
2023-01-12 main Craig-Hallum — → Buy $9
2021-05-10 main Roth Capital — → Buy $8
2021-01-26 down HC Wainwright & Co. Buy → Neutral —
2020-11-05 main Roth Capital — → Buy $4
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 3000 5830 — Sale at price 1.94 per share. SCHUELLER DANIEL E Officer — 2025-06-09 00:00:00 D
1 21164 — — Stock Award(Grant) at price 0.00 per share. CHRISTMAN PHILIP J Director — 2025-05-15 00:00:00 D
2 22317 — — Stock Award(Grant) at price 0.00 per share. CICCONE THOMAS A Chief Financial Officer — 2025-05-15 00:00:00 D
3 21164 — — Stock Award(Grant) at price 0.00 per share. SHIVARAM SACHIN M Director — 2025-05-15 00:00:00 D
4 21164 — — Stock Award(Grant) at price 0.00 per share. REILAND DAVID P Director — 2025-05-15 00:00:00 D
5 21164 — — Stock Award(Grant) at price 0.00 per share. WOOD CARY B Director — 2025-05-15 00:00:00 D
6 21164 — — Stock Award(Grant) at price 0.00 per share. PRESS JEANETTE A Director — 2025-05-15 00:00:00 D
7 61875 — — Stock Award(Grant) at price 0.00 per share. BLASHFORD ERIC B Chief Executive Officer — 2025-05-15 00:00:00 D
8 20477 — — Stock Award(Grant) at price 0.00 per share. SCHUELLER DANIEL E Officer — 2025-05-15 00:00:00 D
9 12356 — — Stock Award(Grant) at price 0.00 per share. MAYO GILBERT W JR Officer — 2025-05-15 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.0054.91K
TaxRateForCalcs0.060.030.210.01
NormalizedEBITDA10.99M17.47M-417.00K1.19M
TotalUnusualItems0.009.15M
TotalUnusualItemsExcludingGoodwill0.009.15M
NetIncomeFromContinuingOperationNetMinorityInterest1.15M7.65M-9.73M2.85M
ReconciledDepreciation6.68M6.38M6.06M6.34M
ReconciledCostOfRevenue115.92M165.25M160.71M134.50M
EBITDA10.99M17.47M-417.00K10.34M
EBIT4.30M11.09M-6.48M4.00M
NetInterestIncome-3.08M-3.20M-3.22M-1.13M
InterestExpense3.08M3.20M3.22M1.13M
NormalizedIncome1.15M7.65M-9.73M-6.25M
NetIncomeFromContinuingAndDiscontinuedOperation1.15M7.65M-9.73M2.85M
TotalExpenses138.91M192.34M183.37M158.21M
TotalOperatingIncomeAsReported4.22M11.14M-6.61M-12.59M
DilutedAverageShares21.98M21.49M20.30M19.39M
BasicAverageShares21.90M21.19M20.30M18.73M
DilutedEPS0.050.36-0.480.15
BasicEPS0.050.36-0.480.15
DilutedNIAvailtoComStockholders1.15M7.65M-9.73M2.85M
NetIncomeCommonStockholders1.15M7.65M-9.73M2.85M
NetIncome1.15M7.65M-9.73M2.85M
NetIncomeIncludingNoncontrollingInterests1.15M7.65M-9.73M2.85M
NetIncomeContinuousOperations1.15M7.65M-9.73M2.85M
TaxProvision74.00K241.00K35.00K25.00K
PretaxIncome1.23M7.89M-9.70M2.87M
OtherIncomeExpense79.00K-48.00K130.00K16.59M
OtherNonOperatingIncomeExpenses79.00K-48.00K130.00K7.44M
SpecialIncomeCharges0.009.15M
OtherSpecialCharges-9.15M
NetNonOperatingInterestIncomeExpense-3.08M-3.20M-3.22M-1.13M
InterestExpenseNonOperating3.08M3.20M3.22M1.13M
OperatingIncome4.22M11.14M-6.61M-12.59M
OperatingExpense16.96M21.37M17.32M18.11M
DepreciationAmortizationDepletionIncomeStatement661.00K664.00K725.00K733.00K
DepreciationAndAmortizationInIncomeStatement661.00K664.00K725.00K733.00K
Amortization661.00K664.00K725.00K733.00K
AmortizationOfIntangiblesIncomeStatement661.00K664.00K725.00K733.00K
SellingGeneralAndAdministration16.30M20.70M16.59M17.37M
GrossProfit21.19M32.51M10.71M5.51M
CostOfRevenue121.95M170.97M166.05M140.11M
TotalRevenue143.14M203.48M176.76M145.62M
OperatingRevenue143.14M203.48M176.76M145.62M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber273.94K273.94K273.94K273.94K
OrdinarySharesNumber22.32M21.57M20.85M19.86M
ShareIssued22.59M21.84M21.13M20.13M
NetDebt1.48M11.05M5.97M
TotalDebt31.15M35.42M33.12M31.55M
TangibleBookValue58.00M53.95M43.55M50.68M
InvestedCapital68.60M68.17M54.58M60.96M
WorkingCapital23.31M16.13M9.08M9.64M
NetTangibleAssets58.00M53.95M43.55M50.68M
CapitalLeaseObligations21.96M23.26M24.81M24.72M
CommonStockEquity59.40M56.02M46.27M54.13M
TotalCapitalization67.14M62.27M53.41M54.31M
TotalEquityGrossMinorityInterest59.40M56.02M46.27M54.13M
StockholdersEquity59.40M56.02M46.27M54.13M
TreasuryStock1.84M1.84M1.84M1.84M
RetainedEarnings-340.35M-341.50M-349.15M-339.42M
AdditionalPaidInCapital401.56M399.34M397.24M395.37M
CapitalStock23.00K22.00K21.00K20.00K
CommonStock23.00K22.00K21.00K20.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest68.89M79.14M98.27M63.91M
TotalNonCurrentLiabilitiesNetMinorityInterest25.33M25.52M28.09M21.23M
OtherNonCurrentLiabilities15.00K15.00K26.00K167.00K
LongTermDebtAndCapitalLeaseObligation25.32M25.51M28.06M21.06M
LongTermCapitalLeaseObligation17.58M19.26M20.92M20.89M
LongTermDebt7.74M6.25M7.14M177.00K
CurrentLiabilities43.56M53.61M70.18M42.68M
OtherCurrentLiabilities27.00K
CurrentDeferredLiabilities18.04M16.50M34.55M12.08M
CurrentDeferredRevenue18.04M16.50M34.55M12.08M
CurrentDebtAndCapitalLeaseObligation5.83M9.91M5.06M10.48M
CurrentCapitalLeaseObligation4.38M4.00M3.89M3.83M
CurrentDebt1.45M5.90M1.17M6.65M
OtherCurrentBorrowings1.45M5.90M1.17M6.65M
PensionandOtherPostRetirementBenefitPlansCurrent10.00K21.00K649.00K166.00K
PayablesAndAccruedExpenses19.68M27.18M29.92M19.92M
CurrentAccruedExpenses3.45M5.89M3.62M3.46M
Payables16.22M21.29M26.30M16.46M
TotalTaxPayable143.00K564.00K48.00K1.00K
IncomeTaxPayable137.00K254.00K26.00K1.00K
AccountsPayable16.08M20.73M26.25M16.46M
TotalAssets128.29M135.16M144.54M118.05M
TotalNonCurrentAssets61.42M65.41M65.28M65.72M
OtherNonCurrentAssets606.00K630.00K839.00K585.00K
GoodwillAndOtherIntangibleAssets1.40M2.06M2.73M3.45M
OtherIntangibleAssets1.40M2.06M2.73M3.45M
NetPPE59.41M62.72M61.72M61.68M
AccumulatedDepreciation-122.84M-120.07M-114.89M-110.36M
GrossPPE182.25M182.79M176.61M172.05M
Leases9.11M9.07M9.04M8.94M
ConstructionInProgress836.00K3.53M2.36M677.00K
OtherProperties13.84M15.59M16.40M18.03M
MachineryFurnitureEquipment134.32M131.07M126.60M122.20M
BuildingsAndImprovements22.72M22.11M20.79M20.78M
LandAndImprovements1.42M1.42M1.42M1.42M
Properties0.000.000.000.00
CurrentAssets66.87M69.75M79.26M52.33M
OtherCurrentAssets2.37M3.50M3.29M2.66M
PrepaidAssets2.66M
Inventory39.95M37.41M44.26M33.38M
InventoriesAdjustmentsAllowances-2.16M-2.23M-2.14M-2.98M
FinishedGoods12.52M4.59M4.92M6.58M
WorkInProcess9.95M10.39M13.84M13.64M
RawMaterials19.65M24.65M27.64M16.15M
Receivables16.82M27.74M18.97M15.44M
OtherReceivables836.00K1.46M1.96M1.63M
TaxesReceivable2.53M7.05M0.00
AccountsReceivable13.45M19.23M17.02M13.80M
AllowanceForDoubtfulAccountsReceivable-94.00K-99.00K-17.00K-47.00K
GrossAccountsReceivable13.55M19.33M17.04M13.85M
CashCashEquivalentsAndShortTermInvestments7.72M1.10M12.73M852.00K
CashAndCashEquivalents7.72M1.10M12.73M852.00K
CashFinancial7.72M1.10M12.73M852.00K
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow10.19M-13.35M13.54M-14.53M
RepurchaseOfCapitalStock-549.00K-1.42M
RepaymentOfDebt-3.04M-3.28M-9.01M-1.83M
IssuanceOfDebt4.11M1.06M8.11M5.92M
IssuanceOfCapitalStock0.00230.00K9.31M
CapitalExpenditure-3.62M-6.41M-3.10M-1.71M
InterestPaidSupplementalData1.55M2.07M1.64M741.00K
IncomeTaxPaidSupplementalData192.00K17.00K23.00K102.00K
EndCashPosition7.72M1.10M12.73M852.00K
BeginningCashPosition1.10M12.73M852.00K3.37M
ChangesInCash6.62M-11.63M11.88M-2.52M
FinancingCashFlow-3.73M1.70M-1.67M11.98M
CashFlowFromContinuingFinancingActivities-3.73M1.70M-1.67M11.98M
NetOtherFinancingCharges-150.00K-783.00K-1.00M
NetCommonStockIssuance0.00230.00K7.89M
CommonStockPayments-549.00K-1.42M
CommonStockIssuance0.00230.00K9.31M
NetIssuancePaymentsOfDebt-3.58M2.48M-894.00K4.09M
NetShortTermDebtIssuance-4.64M4.71M-6.35M5.11M
ShortTermDebtPayments-6.35M-150.90M
ShortTermDebtIssuance5.11M
NetLongTermDebtIssuance1.06M-2.23M-894.00K-1.02M
LongTermDebtPayments-3.04M-3.28M-9.01M-1.83M
LongTermDebtIssuance4.11M1.06M8.11M817.00K
InvestingCashFlow-3.46M-6.38M-3.10M-1.67M
CashFlowFromContinuingInvestingActivities-3.46M-6.38M-3.10M-1.67M
NetPPEPurchaseAndSale-3.46M-6.38M-3.10M-1.67M
SaleOfPPE159.00K21.00K0.0033.00K
PurchaseOfPPE-3.62M-6.41M-3.10M-1.71M
OperatingCashFlow13.81M-6.95M16.64M-12.83M
CashFlowFromContinuingOperatingActivities13.81M-6.95M16.64M-12.83M
ChangeInWorkingCapital3.73M-23.30M18.19M-15.15M
ChangeInOtherWorkingCapital1.49M-17.88M22.60M-6.80M
ChangeInPayablesAndAccruedExpense-7.26M-3.23M10.61M-4.41M
ChangeInAccruedExpense-2.87M2.78M686.00K-2.68M
ChangeInPayable-4.39M-6.01M9.93M-1.74M
ChangeInAccountPayable-4.39M-6.01M9.93M-1.74M
ChangeInPrepaidAssets1.13M-210.00K-629.00K133.00K
ChangeInInventory-2.54M6.86M-10.88M-6.65M
ChangeInReceivables10.92M-8.85M-3.51M2.58M
ChangesInAccountReceivables5.78M-2.29M-2.69M1.46M
StockBasedCompensation2.36M2.21M2.19M2.73M
ProvisionandWriteOffofAssets-5.00K82.00K-30.00K-426.00K
DeferredTax0.00-10.00K-13.00K-2.00K
DeferredIncomeTax0.00-10.00K-13.00K-2.00K
DepreciationAmortizationDepletion6.68M6.38M6.06M6.34M
DepreciationAndAmortization6.68M6.38M6.06M6.34M
OperatingGainsLosses-114.00K42.00K-24.00K-9.16M
GainLossOnInvestmentSecurities-27.00K23.00K
NetIncomeFromContinuingOperations1.15M7.65M-9.73M2.85M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for BWEN
Date User Asset Broker Type Position Size Entry Price Patterns