Added to YB: 2026-05-25
Pitch date: 2026-05-21
TOYO [neutral]
TOYO Co., Ltd.
Author Info
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Company Info
TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain in Asia and the United States.
Market Cap
$543.0M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.27
P/E
7.15
EV/Sales
1.17
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Earnings Edge for Friday: TOYO Co. (TOYO)
TOYO (earnings): Texas module ramp 1→2 GW by YE26; Section 45X $0.07/watt tax credit through 2030 upside to guidance; 4 GW Ethiopian N-type cell line, 75% 2026 rev from U.S. utility customers. FY26 guide $90-100M adj NI on 5.5-5.8 GW cells, 1.0-1.3 GW modules. Risks: going-concern audit flag, up to 271% AD/CVD rates on Vietnam product, negative FCF, concentrated VSUN exposure, 45X policy rollback risk.
Read full article (2 min)