TOYO Co., Ltd. (TOYO)

NASDAQ: TOYO · Real-Time Price · USD
10.82
-0.46 (-4.08%)
At close: Apr 28, 2026, 4:00 PM EDT
10.78
-0.04 (-0.37%)
After-hours: Apr 28, 2026, 6:44 PM EDT
-4.08%
Market Cap 397.96M
Revenue (ttm) 427.38M
Net Income (ttm) 34.23M
Shares Out 36.71M
EPS (ttm) 1.13
PE Ratio 9.59
Forward PE 4.57
Dividend n/a
Ex-Dividend Date n/a
Volume 370,009
Open 10.84
Previous Close 11.28
Day's Range 10.62 - 11.14
52-Week Range 2.58 - 14.33
Beta 0.82
Analysts Strong Buy
Price Target 16.50 (+52.5%)
Earnings Date Mar 31, 2026

About TOYO

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. It designs, manufactures, and sells solar cells, modules, and related products. TOYO Co., Ltd. was founded in 2022 and is headquartered in Tokyo, Japan. [Read more]

Industry Solar
Sector Technology
Founded 2022
Employees 528
Stock Exchange NASDAQ
Ticker Symbol TOYO
Full Company Profile

Financial Performance

In 2025, TOYO Co., Ltd.'s revenue was $427.38 million, an increase of 141.52% compared to the previous year's $176.96 million. Earnings were $34.23 million, an increase of 2.10%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for TOYO stock is "Strong Buy." The 12-month stock price target is $16.5, which is an increase of 52.50% from the latest price.

Price Target
$16.5
(52.50% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

First Enterprise Quantum Computer Purchase in Japan: IQM to Deploy System to TOYO Corporation

TOKYO & ESPOO, Finland--(BUSINESS WIRE)--IQM Quantum Computers, the global leader in superconducting quantum computers, today announced the purchase of its full-stack 20-qubit quantum computer by TOYO...

1 day ago - Business Wire

Nihon Global Growth Partners Proposes Share Repurchase to Achieve Toyo Suisan's Own 15% ROE Target Ahead of Schedule

NEW YORK & TOKYO--(BUSINESS WIRE)--Today, an investor group (the “Investor Group” or “we”) led by Nihon Global Growth Partners Management, Inc. (“NHGGP”) announced that it has submitted a shareholder ...

7 days ago - Business Wire

TOYO Co., Ltd. Earnings Call Transcript: H2 2025

Record 2025 revenue and margin expansion driven by Ethiopia and U.S. growth, with 2026 guidance targeting further shipment and income increases. Strategic acquisitions and capacity expansions position the company for continued leadership in a favorable U.S. policy environment.

4 weeks ago - Transcripts

TOYO Co., Ltd Announces Second Half and Full Year 2025 Financial Results

TOKYO, March 31, 2026 /PRNewswire/ --  TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a solar solution company,  today announced its financial results for the second half and f...

4 weeks ago - PRNewsWire

Solar Industry Veteran Mr. Rhone Resch Joins TOYO as Chief Strategy Officer

TOKYO, March 31, 2026 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a global solar solution company, today announced the appointment of Rhone Resch as Chief St...

4 weeks ago - PRNewsWire

TOYO Co., Ltd Schedules Second Half and Fiscal Year 2025 Earnings Release and Conference Call Date

TOKYO, March 25, 2026 /PRNewswire/ -- TOYO Co., Ltd (NASDAQ: TOYO) (OTC: TOYWF), a solar solutions company, today announced that it will host a conference call to discuss its second half and fiscal ye...

4 weeks ago - PRNewsWire

TOYO Provides Preliminary, Unaudited and Unreviewed FY2025 Financial Results

TOKYO, March 18, 2026 /PRNewswire/ --  TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced preliminary, unaudited and unreviewed FY 2025 re...

5 weeks ago - PRNewsWire

TOYO Co., Ltd Announces Leadership Transition

TOKYO, March 18, 2026 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced a planned leadership transition and the strengthe...

5 weeks ago - PRNewsWire

TOYO to Participate in the 38th Annual ROTH Investor Conference

TOKYO, March 16, 2026 /PRNewswire/ --  TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced that it will participate in the 38th Annual ROTH...

6 weeks ago - PRNewsWire

TOYO Secures Strategic Polysilicon Supply with a U.S. Polysilicon Manufacturer

TOKYO, Jan. 7, 2026 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced that it has signed a sales contract with a U.S. pol...

3 months ago - PRNewsWire

TOYO Co., Ltd. Acquires Remaining 24.99% Interest in TOYO Solar LLC

TOKYO , Dec. 8, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced that it has acquired the remaining 24.99% membersh...

5 months ago - PRNewsWire

X-energy, Toyo Tanso Announce Graphite Supply Agreement for Initial Xe-100 Deployment

ROCKVILLE, Md.--(BUSINESS WIRE)--X-energy Reactor Company, LLC (“X-energy” or “the Company”) today announced a Definitive Supply Agreement with Toyo Tanso USA, Inc., a subsidiary of Toyo Tanso Co., Lt...

6 months ago - Business Wire

TOYO and Voltec Solar Forge Strategic Partnership to Deliver Low-Carbon Solar Solutions Across Europe

TOKYO , Nov. 3, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar solution company, today announced it has officially entered into a strategic partners...

6 months ago - PRNewsWire

TOYO's Houston Solar Module Facility Commences Commercial Operations with Secured Customer Demands

TOKYO , Oct. 14, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced that its new solar module manufacturing facility ...

7 months ago - PRNewsWire

TOYO Co., Ltd. Earnings Call Transcript: H1 2025

Solar cell shipments rose to 1.6 GW and revenue edged up to $139M in H1 2025, but margins and net income declined due to higher costs and ramp-up expenses. Full-year guidance was raised to 4.2–4.4 GW shipments and $375–$400M revenue, with growth driven by new facilities and the VSUN brand integration.

8 months ago - Transcripts

TOYO Co., Ltd Announces First Half 2025 Financial Results

Raises outlook for shipments, revenues and net income for 2025 TOKYO , Sept. 8, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced i...

8 months ago - PRNewsWire

TOYO Co., Ltd. Acquires VSUN Brand to Drive Strategic Growth

TOKYO , Sept. 4, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF),  ("TOYO" or the "Company"), a solar solution company, today announced the acquisition of the VSUN brand from its sister...

8 months ago - PRNewsWire

TOYO Co., Ltd to Participate in Upcoming Investment and Clean Energy Events

TOKYO , Sept. 3, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF), a solar solution company, announced today that members of its management team are scheduled to participate in meetings ...

8 months ago - PRNewsWire

TOYO Co., Ltd to Announce First Half 2025 Financial Results on September 8, 2025

TOKYO , Sept. 2, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF), a solar solution company, today announced it will host a conference call to discuss first half 2025 results on Monday, ...

8 months ago - PRNewsWire

IQM and TOYO Corporation Sign Distribution Agreement to Drive Quantum Adoption in Japan

TOKYO--(BUSINESS WIRE)--IQM Quantum Computers, a global leader in full-stack superconducting quantum computers, and TOYO Corporation have signed a distribution agreement to accelerate quantum computin...

9 months ago - Business Wire

Nihon Global Growth Partners Comments on Results of Toyo Suisan's 2025 Annual General Meeting

NEW YORK & TOKYO--(BUSINESS WIRE)--Nihon Global Growth Partners (“NHGGP”), a long-term shareholder of Toyo Suisan Kaisha Ltd. (2875.T) (“Toyo Suisan” or the “Company”), today issued the following stat...

10 months ago - Business Wire

Leading Independent Proxy Advisory Firm ISS Recommends Shareholders Elect Both of NHGGP's Candidates to the Toyo Suisan Board

NEW YORK & TOKYO--(BUSINESS WIRE)--Today, Nihon Global Growth Partners Management Inc. (“NHGGP”) announced that Institutional Shareholder Services, Inc. (“ISS”), a leading independent proxy advisory f...

11 months ago - Business Wire

Europe's Rice Noodles Market to Surpass USD 3.85 Billion by 2030: Thai President Foods, Nongshim Co., and Toyo Suisan Kaisha Dominate

The market offers growth opportunities driven by rising demand for gluten-free and health-conscious options, and the popularity of Asian cuisine. Convenience and innovation in products, like organic a...

11 months ago - GlobeNewsWire

Rice Noodles (Vermicelli, Stick, Wide, Other) Market Insights Report 2025: Thai President Foods, Nongshim Co., Toyo Suisan Kaisha, Nasoya Foods USA, and Nissin Foods Co. Lead the Competition

The rice noodles market is growing due to rising demand for gluten-free, health-conscious foods and the popularity of Asian cuisine. Key opportunities include catering to vegan, vegetarian, and clean-...

11 months ago - GlobeNewsWire

Palliser Capital Publishes Value Enhancement Plan for Toyo Tires

LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”), a significant shareholder in Toyo Tires (“Toyo”) (5105 JT), today published a comprehensive presentation on the opportunities available to unloc...

11 months ago - Business Wire