Broadwind Energy (NASDAQ:BWEN) Announces Earnings Results

Broadwind Energy (NASDAQ:BWEN) announced its quarterly earnings results on Tuesday. The industrial products company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.05, FiscalAI reports. The company had revenue of $34.06 million during the quarter, compared to the consensus estimate of $32.72 million. Broadwind Energy had a negative return on equity of 1.91% and a net margin of 3.32%.

Here are the key takeaways from Broadwind Energy’s conference call:

• Broadwind said Gearing and Industrial Solutions delivered strong momentum in Q1, with revenue up more than 40% and 60% year over year in those segments and backlog reaching record or near-record levels.
• Management reiterated that the company is moving away from wind tower production, with the Abilene facility sale and remaining wind orders expected to be completed by Q3 2026, leaving higher-growth and higher-margin businesses as the core focus.
• Industrial Solutions backlog hit a record $43.3 million and Gearing backlog rose above $30 million, reflecting strong demand from power generation, especially natural gas turbines tied to the AI data center boom and broader electrification trends.
• The company is investing in capacity and technology, including new precision equipment in Gearing and a planned 30% expansion of the North Carolina facility, to support rising demand and improve productivity, quality, and lead times.
• Broadwind withdrew its full-year 2026 guidance after the Abilene sale, and executives said they are evaluating further cost optimization while considering strategic options such as a possible rebrand and future acquisitions.

Broadwind Energy Stock Performance

Shares of Broadwind Energy stock traded up $0.94 on Tuesday, hitting $2.97. The stock had a trading volume of 6,670,628 shares, compared to its average volume of 285,678. Broadwind Energy has a 52-week low of $1.45 and a 52-week high of $4.15. The company has a current ratio of 2.03, a quick ratio of 0.70 and a debt-to-equity ratio of 0.11. The stock has a market cap of $69.59 million, a price-to-earnings ratio of 13.46 and a beta of 1.73. The company’s 50 day moving average price is $2.24 and its 200 day moving average price is $2.64.

Institutional Trading of Broadwind Energy

Several institutional investors and hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in Broadwind Energy by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 239,946 shares of the industrial products company’s stock valued at $679,000 after acquiring an additional 4,332 shares during the last quarter. Bridgeway Capital Management LLC raised its stake in Broadwind Energy by 5.0% during the 2nd quarter. Bridgeway Capital Management LLC now owns 102,221 shares of the industrial products company’s stock valued at $185,000 after acquiring an additional 4,903 shares during the last quarter. Mariner LLC raised its stake in Broadwind Energy by 17.1% during the 4th quarter. Mariner LLC now owns 36,120 shares of the industrial products company’s stock valued at $102,000 after acquiring an additional 5,268 shares during the last quarter. State Street Corp raised its stake in Broadwind Energy by 7.8% during the 4th quarter. State Street Corp now owns 80,265 shares of the industrial products company’s stock valued at $227,000 after acquiring an additional 5,800 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Broadwind Energy by 4.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 226,011 shares of the industrial products company’s stock valued at $475,000 after acquiring an additional 10,142 shares during the last quarter. 33.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on BWEN. Wall Street Zen raised Broadwind Energy from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Weiss Ratings downgraded Broadwind Energy from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, March 25th. Finally, HC Wainwright reissued a “buy” rating and issued a $6.00 target price on shares of Broadwind Energy in a report on Tuesday, February 10th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $6.00.

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.