TOYO Co., Ltd. (TOYO)

NASDAQ: TOYO · Real-Time Price · USD
14.79
+0.44 (3.07%)
At close: May 22, 2026, 4:00 PM EDT
15.08
+0.29 (1.96%)
After-hours: May 22, 2026, 6:55 PM EDT
Market Cap542.97M +274.4%
Revenue (ttm)427.38M +141.5%
Net Income34.23M -2.4%
EPS1.13 +3.7%
Shares Out 36.71M
PE Ratio13.09
Forward PE5.26
Dividendn/a
Ex-Dividend Daten/a
Volume385,637
Open14.85
Previous Close14.35
Day's Range14.30 - 15.39
52-Week Range3.24 - 15.39
Beta1.26
AnalystsStrong Buy
Price Target16.50 (+11.56%)
Earnings DateMay 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.

Industry Solar
Sector Technology
Founded 2022
Employees 2,552
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 Summary

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 11.56% from the latest price.

Price Target
$16.5
(11.56% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

18 hours ago - PRNewsWire

TOYO Q1 Earnings Call Highlights

TOYO NASDAQ: TOYO reported a sharply improved first quarter for fiscal 2026, with management describing the period as an “inflection point” as higher solar cell and module shipments drove record reven...

4 days ago - MarketBeat

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.

4 days ago - Transcripts

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.

4 days ago - Filings

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 ...

4 days ago - TheFly

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...

4 days ago - PRNewsWire

Three new option listings on May 15th

New option listings for May 15th include Fervo Energy Co (FRVO), Madison Air Solutions Corp (MAIR), and TOYO Co., Ltd (TOYO).

Other symbols: FRVOMAIR
7 days ago - TheFly

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...

11 days ago - PRNewsWire

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...

26 days 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 ...

4 weeks ago - Business Wire

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…

7 weeks ago - TheFly

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.

7 weeks ago - Transcripts

TOYO Co., Ltd. Annual report: H2 2025

TOYO Co., Ltd. has published its H2 2025 annual report on March 31, 2026.

7 weeks ago - Filings

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.

7 weeks ago - Filings

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.

7 weeks ago - Filings

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…

7 weeks ago - TheFly

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...

7 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...

7 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...

2 months ago - PRNewsWire

Toyo announces retirement of CEO Ryu, Onozuka to succeed

TOYO (TOYO) announced a planned leadership transition and the strengthening of its executive team to support the Company’s next phase of growth. The Company announced that Junsei Ryu retired from…

2 months ago - TheFly

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...

2 months 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...

2 months 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...

2 months ago - PRNewsWire

Toyo initiated with a Buy at H.C. Wainwright

H.C. Wainwright initiated coverage of Toyo (TOYO) with a Buy rating and $18 price target Toyo is a solar technology company with capabilities spanning solar cell manufacturing and integrated value-cha...

4 months ago - TheFly

Toyo signs sales contract with U.S. polysilicon manufacturer

Toyo (TOYO) announced that it has signed a sales contract with a U.S. polysilicon manufacturer to secure domestically sourced critical raw materials for TOYO’s solar manufacturing operations. This agr...

4 months ago - TheFly