Market Cap 274.24M
Revenue (ttm) 427.38M
Net Income (ttm) 39.66M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE 3.11
Profit Margin 9.28%
Debt to Equity Ratio 0.22
Volume 2,284,300
Avg Vol 592,816
Day's Range N/A - N/A
Shares Out 37.77M
Stochastic %K 4%
Beta 1.31
Analysts Strong Sell
Price Target $16.50

Company Profile

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
Phone: 81 3 6433 2789
Address:
Tennoz First Tower, 16F 2-2-4 Higashi-shinagawa Shinagawa-ku, Tokyo, Japan
HTNY
HTNY Jun. 28 at 11:16 PM
$TOYO Had a very constructive call with their IR on friday afternoon. Blocking that guy who is spreading rubbish on the board. No freebies for boneheads. Notes from IR call. 1. He was shocked that the price had fallen this far. Agreed that it is Wainwright clients screwing with it. 2. This facility is a key piece in aligning them with the administration. They've had 3 meetings with Commerce and they've been very constructive 3. They remain confident in the non-FEOC status and see the petition as a 'nonsense complaint' 4. 232 decision expected by end of August. They believe they are in excellent shape 5. They expect $42M in 45x incentives this year and $60M next that are NOT factored into their stated guidance. 6. Between cash on hand, the placement, the 30-40m a quarter they are doing in net income, incentives and potentially some debt as needed the project is now funded. The price is a joke. The business is fine.
3 · Reply
yahoomenzz
yahoomenzz Jun. 28 at 6:57 PM
$TOYO the stock furus and DD experts have surfaced🤡🤡🤡
0 · Reply
mithus
mithus Jun. 28 at 11:07 AM
$TOYO No… I'm saying that the worst may still be yet to come. In a hot market like the one we're in right now, why is TOYO so depressed relative to other solar firms? Based on this alone TOYO could do 5X in a couple of years. I started my DD because I was interested in buying the stock. I shared what I found and pointed you to where you can verify the information. At this point, I don't really care, do your own thing. I'm not here to convince anyone. I'm not in the stock, neither shorting it. If or when they solve the issue and the DoC removes the overhang, I might get in, depending on whether they have to pay retroactive taxes or not. Good luck to all.
2 · Reply
Stockslothh
Stockslothh Jun. 28 at 7:58 AM
$TOYO going to be a multi billion dollar company in next few years. Regulation certainty, patent derisking and supply chain visibility will all come to prove up the thesis. Q2 not too far away. Should be a huge catalyst if management articulate key points on above investor concerns. In the meantime we are generating about 50 million in cash each quarter. That combined with the recent cap raise we should have enough to go the distance. That’s with very little debt. Pretty impressive the pace at which Toyo moves. The Vsun products are also amazing quality and a pillar in the US with amazing reviews. Ignore the noise. Focus on fundamentals and actual risks. I think it’s oversold but I am a long term holder. Look forward to the rest of the year. Very exciting.
0 · Reply
Stockholda02
Stockholda02 Jun. 28 at 2:01 AM
$TOYO lol this Mithus dude constantly posting and replying to himself, for a minute there I thought it was a few people. I wonder how much he is on the hook for shorting the stock? Lastly, this was a capital raise/dilution-based sell-off and he’s trying to make it about something that hasn’t even barely progressed into being an issue for the company. What a skeeze.
2 · Reply
Mr_Maniacal
Mr_Maniacal Jun. 28 at 12:45 AM
$TOYO While there is some merit to your point, especially for 2025 shipments before TOYO’s 2026 switch to non Chinese wafers. If Commerce finds circumvention, duties could MAY reach back to earlier imports. Where your framing goes too far is treating a worst case 250 percent retroactive hit as a near certainty and ignoring policy context The administration’s tariffs and industrial policy are meant to rehome production and jobs to the US. TOYO is doing EXACTLY that, building cells outside China, ramping a 1.5 GW HJT plant in Texas, and lining up with domestic content incentives. A huge retroactive penalty that cripples TOYO would not just punish past routing, it would also endanger the US manufacturing ramp these policies were meant to inspire. Absolutely antithetical to to the admin's intent amd would be the government shooting itself in the foot. So this is a meaningful but uncertain overhang, not an inevitable 250 percent death blow.
1 · Reply
mithus
mithus Jun. 28 at 12:38 AM
$TOYO Spreading fear...
0 · Reply
mithus
mithus Jun. 28 at 12:30 AM
$TOYO LOL spreading fear? "In its comments on the anti-circumvention inquiry request, TOYO informed Commerce that, since the beginning of 2026, TOYO has relied on 100 percent non-Chinese wafers for its U.S. shipments. " READ IT: "SINCE beginning of 2026"... SO before... they used china wafers... The alliance is talking about 2025! That's where the problem is. And that were the danger is... retroactive 250% taxes!
0 · Reply
Mr_Maniacal
Mr_Maniacal Jun. 27 at 11:52 PM
$TOYO Mithus spreading fear whem TOYO has vehemently disputed claims in the filing. But hey... I wouldn't mind a lower entry point to... do your worst. https://www.marketscreener.com/news/toyo-rejects-us-solar-tariff-circumvention-claims-tied-to-ethiopia-ce7f5adbda8ff020 "Resch denied the claim, saying TOYO is a “fully Foreign Entity of Concern-compliant partner” and that all solar cells manufactured in Ethiopia use polysilicon supplied exclusively from the United States and Malaysia, with wafers processed in non-China countries."
1 · Reply
mithus
mithus Jun. 27 at 11:08 PM
$TOYO Those that don't believe me go to https://access.trade.gov/ DOC Case Nos. A-570-979; C-570-980 Can't invest. Risk too great.
1 · Reply
Latest News on TOYO
Toyo announces $50M registered direct offering

2026-06-24T12:05:31.000Z - 4 days ago

Toyo announces $50M registered direct offering


TOYO Co., Ltd. Registration statement: Registration filing

Jun 17, 2026, 8:00 AM EDT - 11 days ago

TOYO Co., Ltd. Registration statement: Registration filing


Toyo executes two master supply agreements

2026-06-10T12:35:31.000Z - 18 days ago

Toyo executes two master supply agreements


Toyo to expand U.S. manufacturing platform

2026-06-08T12:35:20.000Z - 20 days ago

Toyo to expand U.S. manufacturing platform


TOYO Co., Ltd. Earnings Call Transcript: Q1 2026

May 18, 2026, 8:30 AM EDT - 5 weeks ago

TOYO Co., Ltd. Earnings Call Transcript: Q1 2026


TOYO Co., Ltd. Earnings release: Q1 2026

May 18, 2026, 8:30 AM EDT - 5 weeks ago

TOYO Co., Ltd. Earnings release: Q1 2026


TOYO Co., Ltd. Slides: Q1 2026

May 18, 2026, 8:30 AM EDT - 5 weeks ago

TOYO Co., Ltd. Slides: Q1 2026


Toyo sees 2026 net income $90M-$100M

2026-05-18T11:26:03.000Z - 5 weeks ago

Toyo sees 2026 net income $90M-$100M


Toyo initiated with a Buy at Roth Capital

2026-04-02T08:30:37.000Z - 3 months ago

Toyo initiated with a Buy at Roth Capital


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

Mar 31, 2026, 8:30 AM EDT - 3 months ago

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


TOYO Co., Ltd. Annual report: H2 2025

Mar 31, 2026, 8:30 AM EDT - 3 months ago

TOYO Co., Ltd. Annual report: H2 2025


TOYO Co., Ltd. Earnings release: H2 2025

Mar 31, 2026, 8:30 AM EDT - 3 months ago

TOYO Co., Ltd. Earnings release: H2 2025


TOYO Co., Ltd. Slides: H2 2025

Mar 31, 2026, 8:30 AM EDT - 3 months ago

TOYO Co., Ltd. Slides: H2 2025


Toyo appoints Rhone Resch as chief strategy officer

2026-03-31T10:53:58.000Z - 3 months ago

Toyo appoints Rhone Resch as chief strategy officer


Toyo announces retirement of CEO Ryu, Onozuka to succeed

2026-03-18T13:12:52.000Z - 3 months ago

Toyo announces retirement of CEO Ryu, Onozuka to succeed


TOYO Co., Ltd Announces Leadership Transition

Mar 18, 2026, 9:00 AM EDT - 3 months ago

TOYO Co., Ltd Announces Leadership Transition


TOYO to Participate in the 38th Annual ROTH Investor Conference

Mar 16, 2026, 8:00 AM EDT - 3 months ago

TOYO to Participate in the 38th Annual ROTH Investor Conference


Toyo initiated with a Buy at H.C. Wainwright

2026-01-15T11:05:11.000Z - 5 months ago

Toyo initiated with a Buy at H.C. Wainwright


Toyo signs sales contract with U.S. polysilicon manufacturer

2026-01-07T13:37:49.000Z - 6 months ago

Toyo signs sales contract with U.S. polysilicon manufacturer


Toyo acquires remaining 24.99% interest in Toyo Solar

2025-12-08T13:35:59.000Z - 7 months ago

Toyo acquires remaining 24.99% interest in Toyo Solar


TOYO Co., Ltd. Registration statement: Registration Filing

Oct 21, 2025, 8:00 AM EDT - 8 months ago

TOYO Co., Ltd. Registration statement: Registration Filing


TOYO Co., Ltd. Registration statement: Registration Filing

Oct 20, 2025, 8:00 AM EDT - 8 months ago

TOYO Co., Ltd. Registration statement: Registration Filing


Toyo files $200M mixed securities shelf

2025-10-20T10:10:42.000Z - 8 months ago

Toyo files $200M mixed securities shelf


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

Sep 8, 2025, 8:30 AM EDT - 10 months ago

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


TOYO Co., Ltd. Earnings release: H1 2025

Sep 8, 2025, 8:30 AM EDT - 10 months ago

TOYO Co., Ltd. Earnings release: H1 2025


TOYO Co., Ltd. Slides: H1 2025

Sep 8, 2025, 8:30 AM EDT - 10 months ago

TOYO Co., Ltd. Slides: H1 2025


Toyo reports 1H EPS 10c vs 48c last year

2025-09-08T11:35:36.000Z - 10 months ago

Toyo reports 1H EPS 10c vs 48c last year


TOYO Co., Ltd Announces First Half 2025 Financial Results

Sep 8, 2025, 7:15 AM EDT - 10 months ago

TOYO Co., Ltd Announces First Half 2025 Financial Results


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

Sep 4, 2025, 8:36 AM EDT - 10 months ago

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


TOYO Co., Ltd. Earnings Call Transcript: H2 2024

Apr 28, 2025, 8:30 AM EDT - 1 year ago

TOYO Co., Ltd. Earnings Call Transcript: H2 2024


TOYO Co., Ltd. Annual report: H2 2024

Apr 28, 2025, 8:30 AM EDT - 1 year ago

TOYO Co., Ltd. Annual report: H2 2024


TOYO Co., Ltd. Earnings release: H2 2024

Apr 28, 2025, 8:30 AM EDT - 1 year ago

TOYO Co., Ltd. Earnings release: H2 2024


TOYO Co., Ltd. Slides: H2 2024

Apr 28, 2025, 8:30 AM EDT - 1 year ago

TOYO Co., Ltd. Slides: H2 2024


TOYO Co., Ltd Warrants to Commence Trading on OTC Markets

Feb 24, 2025, 8:00 AM EST - 1 year ago

TOYO Co., Ltd Warrants to Commence Trading on OTC Markets


TOYO Co., Ltd Receives TÜV SÜD and CSA Certifications

Dec 19, 2024, 8:00 AM EST - 1 year ago

TOYO Co., Ltd Receives TÜV SÜD and CSA Certifications


TOYO Co., Ltd. Registration statement: Registration Filing

Dec 5, 2024, 7:00 AM EST - 1 year ago

TOYO Co., Ltd. Registration statement: Registration Filing


Japan's Toyo to produce solar cells in Ethiopia for US plant

Oct 14, 2024, 5:13 PM EDT - 1 year ago

Japan's Toyo to produce solar cells in Ethiopia for US plant


HTNY
HTNY Jun. 28 at 11:16 PM
$TOYO Had a very constructive call with their IR on friday afternoon. Blocking that guy who is spreading rubbish on the board. No freebies for boneheads. Notes from IR call. 1. He was shocked that the price had fallen this far. Agreed that it is Wainwright clients screwing with it. 2. This facility is a key piece in aligning them with the administration. They've had 3 meetings with Commerce and they've been very constructive 3. They remain confident in the non-FEOC status and see the petition as a 'nonsense complaint' 4. 232 decision expected by end of August. They believe they are in excellent shape 5. They expect $42M in 45x incentives this year and $60M next that are NOT factored into their stated guidance. 6. Between cash on hand, the placement, the 30-40m a quarter they are doing in net income, incentives and potentially some debt as needed the project is now funded. The price is a joke. The business is fine.
3 · Reply
yahoomenzz
yahoomenzz Jun. 28 at 6:57 PM
$TOYO the stock furus and DD experts have surfaced🤡🤡🤡
0 · Reply
mithus
mithus Jun. 28 at 11:07 AM
$TOYO No… I'm saying that the worst may still be yet to come. In a hot market like the one we're in right now, why is TOYO so depressed relative to other solar firms? Based on this alone TOYO could do 5X in a couple of years. I started my DD because I was interested in buying the stock. I shared what I found and pointed you to where you can verify the information. At this point, I don't really care, do your own thing. I'm not here to convince anyone. I'm not in the stock, neither shorting it. If or when they solve the issue and the DoC removes the overhang, I might get in, depending on whether they have to pay retroactive taxes or not. Good luck to all.
2 · Reply
Stockslothh
Stockslothh Jun. 28 at 7:58 AM
$TOYO going to be a multi billion dollar company in next few years. Regulation certainty, patent derisking and supply chain visibility will all come to prove up the thesis. Q2 not too far away. Should be a huge catalyst if management articulate key points on above investor concerns. In the meantime we are generating about 50 million in cash each quarter. That combined with the recent cap raise we should have enough to go the distance. That’s with very little debt. Pretty impressive the pace at which Toyo moves. The Vsun products are also amazing quality and a pillar in the US with amazing reviews. Ignore the noise. Focus on fundamentals and actual risks. I think it’s oversold but I am a long term holder. Look forward to the rest of the year. Very exciting.
0 · Reply
Stockholda02
Stockholda02 Jun. 28 at 2:01 AM
$TOYO lol this Mithus dude constantly posting and replying to himself, for a minute there I thought it was a few people. I wonder how much he is on the hook for shorting the stock? Lastly, this was a capital raise/dilution-based sell-off and he’s trying to make it about something that hasn’t even barely progressed into being an issue for the company. What a skeeze.
2 · Reply
Mr_Maniacal
Mr_Maniacal Jun. 28 at 12:45 AM
$TOYO While there is some merit to your point, especially for 2025 shipments before TOYO’s 2026 switch to non Chinese wafers. If Commerce finds circumvention, duties could MAY reach back to earlier imports. Where your framing goes too far is treating a worst case 250 percent retroactive hit as a near certainty and ignoring policy context The administration’s tariffs and industrial policy are meant to rehome production and jobs to the US. TOYO is doing EXACTLY that, building cells outside China, ramping a 1.5 GW HJT plant in Texas, and lining up with domestic content incentives. A huge retroactive penalty that cripples TOYO would not just punish past routing, it would also endanger the US manufacturing ramp these policies were meant to inspire. Absolutely antithetical to to the admin's intent amd would be the government shooting itself in the foot. So this is a meaningful but uncertain overhang, not an inevitable 250 percent death blow.
1 · Reply
mithus
mithus Jun. 28 at 12:38 AM
$TOYO Spreading fear...
0 · Reply
mithus
mithus Jun. 28 at 12:30 AM
$TOYO LOL spreading fear? "In its comments on the anti-circumvention inquiry request, TOYO informed Commerce that, since the beginning of 2026, TOYO has relied on 100 percent non-Chinese wafers for its U.S. shipments. " READ IT: "SINCE beginning of 2026"... SO before... they used china wafers... The alliance is talking about 2025! That's where the problem is. And that were the danger is... retroactive 250% taxes!
0 · Reply
Mr_Maniacal
Mr_Maniacal Jun. 27 at 11:52 PM
$TOYO Mithus spreading fear whem TOYO has vehemently disputed claims in the filing. But hey... I wouldn't mind a lower entry point to... do your worst. https://www.marketscreener.com/news/toyo-rejects-us-solar-tariff-circumvention-claims-tied-to-ethiopia-ce7f5adbda8ff020 "Resch denied the claim, saying TOYO is a “fully Foreign Entity of Concern-compliant partner” and that all solar cells manufactured in Ethiopia use polysilicon supplied exclusively from the United States and Malaysia, with wafers processed in non-China countries."
1 · Reply
mithus
mithus Jun. 27 at 11:08 PM
$TOYO Those that don't believe me go to https://access.trade.gov/ DOC Case Nos. A-570-979; C-570-980 Can't invest. Risk too great.
1 · Reply
mithus
mithus Jun. 27 at 11:05 PM
$TOYO The Ethiopia supply chain is facing a 250%+ retroactive tariff. The U.S. clean-energy developers get a surprise multi-million dollar bill from the government for projects they already built. Then U.S. customers will stop paying any outstanding invoices owed to TOYO, cancel every single future order, and hit TOYO with massive corporate lawsuits for breach of contract and legal indemnity
0 · Reply
mithus
mithus Jun. 27 at 10:59 PM
$TOYO Not looking good: June 5, 2026: The DOC throws out TOYO's initial defense paperwork. June 10, 2026: The lobby delivers a crushing blow, exposing TOYO's wafer percentages and the Vietnam shipping loop. June 11, 2026: The DOC designates TOYO's close partner, VSUN, as a mandatory target for the 2024 lookback audit. June 24, 2026: TOYO's management panics and dilutes the stock for $50 million to get emergency cash. June 26, 2026: TOYO's lawyers issue a desperate, last-second plea begging the DOC, "Please don't look at 2025! Look at 2026, we are clean now!" The June 10 document explains why TOYO's lawyers were forced to beg the DOC to focus only on 2026. Wiley Rein completely cornered them on their 2025 operations. The probability of this probe being initiated is overwhelmingly high.
1 · Reply
TheofficialElonMusk
TheofficialElonMusk Jun. 27 at 9:20 PM
$TOYO $TOYO cooking in silence. From tires to tech-adjacent industrial plays, this one’s got real manufacturing muscle and global reach. In a world obsessed with software, don’t sleep on the companies that actually build the physical stuff that moves the world. Undervalued, underfollowed, with serious upside as supply chains reshore and demand ramps. Real businesses. Real margins. Real rocket potential
1 · Reply
bsprelude
bsprelude Jun. 27 at 8:54 PM
$TOYO Attractive P/E and a product that is more necessary than ever as ceasefires are breached and certain countries not on board with the MOU to end the war. The infrastructure buildout in TX, USA is a catalyst! I’m bullish and ready for it to be back above $11 short term and above $15 before October.
0 · Reply
Doozio
Doozio Jun. 26 at 8:36 PM
$FSLR ONTO 🐒🍌🧠⏰♾️. Even limping ENTA da weekend on da $TOYO
0 · Reply
Shawshank256
Shawshank256 Jun. 26 at 8:03 PM
$TOYO 1.07 mil shares market on close order
1 · Reply
tltv32
tltv32 Jun. 26 at 7:38 PM
$TOYO back to a penny stock we go.
0 · Reply
Shawshank256
Shawshank256 Jun. 26 at 3:50 PM
2 · Reply
mithus
mithus Jun. 26 at 3:46 PM
0 · Reply
mithus
mithus Jun. 26 at 3:31 PM
$TOYO It's not about being a shell firm... it's about from where are they sourcing the materials. That's the problem. If the come from china!
1 · Reply
BullJack
BullJack Jun. 26 at 3:21 PM
$TOYO this is actually a terrible thesis given that by the time this financing closed on June 25, the share price was already in the $7S. So it would have to be some complete bozo institution to enter into this type of transaction where they buy for $11, immediately sell shares for a LOSS in the $7 range and then just rely on warrants exercisable at $13.20 (nearly a 100% gain from here) to be only potentially profitable sometime in the future. Talk about locking up a bunch of capital and making it unusable for zero reason whatsoever
2 · Reply
BullJack
BullJack Jun. 26 at 3:08 PM
$TOYO 2/2 At current prices we’re looking at a $270M market cap company trading at 3x forward earnings if 2026 guidance holds ($2.37 2026 estimated EPS) and 2.7x EBITDA ($98M). Revenue is expected to nearly double to $832M in 2026 off a 2025 base where they beat estimates by 25%. My numbers may be slightly off but my point holds. Oh, and tutes just funded $50M into the company at $11 per share with full knowledge of this potential probe.
0 · Reply