TOYO Co., Ltd. (TOYO)
| Market Cap | 266.53M |
| Revenue (ttm) | 518.61M |
| Net Income (ttm) | 64.99M |
| Shares Out | 36.71M |
| EPS (ttm) | 2.07 |
| PE Ratio | 3.51 |
| Forward PE | 2.58 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,284,375 |
| Open | 7.00 |
| Previous Close | 7.38 |
| Day's Range | 7.00 - 7.45 |
| 52-Week Range | 3.39 - 17.43 |
| Beta | 1.32 |
| Analysts | Strong Buy |
| Price Target | 16.50 (+127.27%) |
| Earnings Date | May 18, 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]
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 StatementsAnalyst 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 127.27% from the latest price.
News
TOYO Co., Ltd. Announces Closing of $50 Million Registered Direct Offering
TOKYO, June 26, 2026 /PRNewswire/ -- TOYO Co., Ltd. (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar manufacturing company, today announced the closing on June 25, 2026 of its previousl...
Toyo announces $50M registered direct offering
Toyo (TOYO) announced that it has entered into definitive agreements for the issuance and sale in a registered direct offering of an aggregate of 4,545,456 its ordinary shares and warrants…
TOYO Co., Ltd. Announces $50 Million Registered Direct Offering
TOKYO, June 24, 2026 /PRNewswire/ -- TOYO Co., Ltd. (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar manufacturing company, today announced that it has entered into definitive agreement...
TOYO Co., Ltd. Registration statement: Registration filing
TOYO Co., Ltd. filed a registration statement on June 17, 2026, providing details about a securities offering with the SEC.
Toyo executes two master supply agreements
Toyo (TOYO) announced that it has officially executed two master supply agreements with two major U.S. solar energy developers, for cumulative purchase orders of approximately $185.6M. Under the terms...
TOYO Co., Ltd. Secures Two Major Supply Agreements Totaling $185.6 Million in Cumulative Purchase Orders for the U.S. Market
New commitments from major U.S. developers validate TOYO's market positioning as a trusted, high-efficiency solar module provider. TOKYO, June 10, 2026 /PRNewswire/ -- TOYO Co., Ltd.
Toyo to expand U.S. manufacturing platform
Toyo (TOYO) announced its strategic decision to expand its U.S. manufacturing platform by building a 1.5 GW heterojunction solar cell manufacturing facility. The state-of-the-art facility will be co-l...
TOYO Co., Ltd. Announces Strategic Expansion into U.S. Cell Manufacturing with Planned 1.5 GW HJT Solar Cell Facility in Houston Metropolitan Area
Co-locating cell production with existing module site secures an integrated domestic footprint, optimizing supply chain insulation and capital efficiency. Projected $357 million investment targets com...
TOYO to Participate in The Bank of America Power, Utilities, and Cleantech Conference
TOKYO, May 22, 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 Bank of America Po...
TOYO Co., Ltd. Earnings Call Transcript: Q1 2026
Record Q1 2026 results with revenue up 177% year-over-year and a swing to profitability. U.S. expansion continues with major capacity increases and strong domestic demand, while guidance for 2026 is reaffirmed.
TOYO Co., Ltd. Earnings release: Q1 2026
TOYO Co., Ltd. released its Q1 2026 earnings on May 18, 2026, summarizing the period's financial results.
TOYO Co., Ltd. Slides: Q1 2026
TOYO Co., Ltd. has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 18, 2026.
Toyo sees 2026 net income $90M-$100M
Toyo (TOYO) CEO Takahiko Onozuka stated, “Following our strong first-quarter performance, we are reaffirming our full-year 2026 outlook, which reflects our confidence in the sustained U.S. demand for ...
TOYO Co., Ltd Announces Unaudited and Unreviewed First Quarter 2026 Financial Results and Reaffirms Guidance
TOKYO, May 18, 2026 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar solution company, today announced its unaudited and unreviewed financial results for t...
TOYO Co., Ltd to Announce First Quarter 2026 Financial Results on May 18, 2026
TOKYO, May 11, 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 first quarter 2026 financia...
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...
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 ...
Toyo initiated with a Buy at Roth Capital
Roth Capital initiated coverage of Toyo (TOYO) with a Buy rating and $15 price target As a non-Chinese solar manufacturer offering scale and technology, Toyo provides a potentially viable alternative…
TOYO Co., Ltd. Earnings Call Transcript: H2 2025
Record 2025 revenue and margin expansion driven by global manufacturing scale-up and strategic U.S. focus. 2026 guidance targets further growth, with major investments in capacity and technology, and continued strong cash generation.
TOYO Co., Ltd. Annual report: H2 2025
TOYO Co., Ltd. has published its H2 2025 annual report on March 31, 2026.
TOYO Co., Ltd. Earnings release: H2 2025
TOYO Co., Ltd. released its H2 2025 earnings on March 31, 2026, summarizing the period's financial results.
TOYO Co., Ltd. Slides: H2 2025
TOYO Co., Ltd. has posted slides in relation to its H2 2025 quarterly earnings report, which was published on March 31, 2026.
Toyo appoints Rhone Resch as chief strategy officer
Toyo (TOYO) announced the appointment of Rhone Resch as chief strategy officer, a newly created role reporting directly to the CEO. Resch will lead key elements of the Company’s global…
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...
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...