TOYOTOYOTechnology · Solar

TOYO Stock Forecast: TOYO Co. Ltd. Price Predictions for 2026-2027

Last close, 12 Oct 2026
$4.31
−1.37% on the day

The 2 Wall Street analysts covering TOYO Co. Ltd. hold a median 12-month price target of $14 — +224.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 74 of 100 as at 12 Oct 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$184.1M
Ticker Nerd rank
74 / 100
Median analyst target
$14
Analysts covering
2
Revenue$118.2M+129.3% y/y
Operating income$22.6M
Net income$17.4M
Free cash flow$4.8M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−1.6%
1M
−2.0%
YTD
−26.5%
1Y
−38.9%
From 52W high
−74.6%
From 52W low
+3.1%
$4
$17
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

TOYO stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores TOYO Co. Ltd. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 12 Oct 2026
74 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
97
Growth
94
Quality
79
Size
69
Issuance
66
Accruals
62
Volatility
34
Momentum
28
Revisions
25

Value (97): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Revisions (25): Analysts have, on balance, been cutting their forecasts.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

TOYO stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on TOYO, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$5$10$15$20Jan 26Apr 26Jul 26Oct 26TOYOHigh $18Median $14Low $10

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says2 analysts
2 Buy0 Hold0 Sell
Low $10Median $14High $18

The green dot is the last close — the median target sits +224.8% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
8 Oct 2026HC Wainwright & Co.ReiteratesBuy$18
2 Apr 2026Roth CapitalInitiatesBuy$15
2 Apr 2026Roth CapitalInitiatesBuy—
15 Jan 2026HC Wainwright & Co.InitiatesBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. TOYO appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

TOYO vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 12 Oct 2026, TOYO Co. Ltd. returned −38.9% against +20.4% for the S&P 500, dividends included.

TOYO vs S&P 500, last 12 monthsTotal return, rebased to 100
50100150200Jan 26Apr 26Jul 26Oct 26TOYOS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

TOYO analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−17.2%
Analysts raising
0
Analysts cutting
1
Fundamentals

TOYO Co. Ltd. (TOYO) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
1.9×

Cheaper than 70% of US stocks

Price / sales
0.3×

Cheaper than 87% of US stocks

Price / book
0.9×

Cheaper than 75% of US stocks

EV / EBITDA
1.3×

Cheaper than 57% of US stocks

Growth & margins
Revenue growth (YoY)
35.0%

Higher than 80% of US stocks

Earnings growth (YoY)
159.1%

Higher than 88% of US stocks

Gross margin
31.3%

Higher than 36% of US stocks

Operating margin
19.1%

Higher than 78% of US stocks

Net margin
14.9%

Higher than 78% of US stocks

Returns & dividend
Return on equity
57.5%

Higher than 94% of US stocks

Return on assets
15.2%

Higher than 97% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

TOYO Co. Ltd. (TOYO) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • TOYO Co. Ltd. has a market value of $184.1M and an enterprise value of $197.8M.

  • Shares outstanding: 42.7M.

  • Trailing P/E: 1.9×; forward P/E: 1.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • TOYO Co. Ltd. employs 2,552 people.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 12 Oct 2026

Data provided by Twelve Data

Peers

TOYO vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSolar
CompanyMarket capTKN rank
TOYOTOYO Co. Ltd.$184.1M
74
SPWRSunPower, Inc.$85.2M
33
TYGOTigo Energy, Inc.$67.1M
53
ARRYArray Technologies, Inc.$551.0M
61
CSIQCanadian Solar, Inc.$748.7M
21
PNPN Smart Energy Ltd.$35.4M
33
FTCIFTC Solar, Inc.$33.4M
26

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own TOYO Co. Ltd. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest TOYO news & analysis

TOYO Targets U.S. Solar Cell Expansion as First-Half Revenue Soars 88%

MarketBeat · 8 Oct 2026positive

At its Solar Analyst Day in Humble, Texas, TOYO outlined U.S. manufacturing expansion, discussed first-half results, and described plans for a proposed HJT solar-cell facility. The headline reports first-half revenue rose 88%.

Why it matters — The event provides updates on TOYO’s U.S. expansion plans and first-half financial performance.

TOYO Celebrates Completed 2 GW Module Expansion at Texas Facility with Ribbon-Cutting Ceremony

PRNewsWire · 7 Oct 2026positive

TOYO held a ribbon-cutting ceremony in Humble, Texas, marking the completion of an expansion that brings the facility’s solar module nameplate capacity to 2 GW. The company also shared plans for an HJT cell line.

Why it matters — The completed expansion and disclosed cell-line plans provide updates on TOYO’s manufacturing footprint and development plans.

TOYO Co., Ltd. (TOYO) Analyst/Investor Day Transcript

Seeking Alpha · 6 Oct 2026neutral

The headline identifies a Seeking Alpha transcript of TOYO Co., Ltd.’s Analyst/Investor Day; no event details are provided in the excerpt.

Why it matters — TOYO watchers are alerted to the availability of an investor-day transcript, but the supplied text contains no substantive company updates.

TOYO Announces Approximately $240 Million in Binding U.S. Solar Module Supply Agreements Through First Half of 2027

PRNewsWire · 28 Sept 2026positive

TOYO Co., Ltd. announced approximately $240 million in binding U.S. solar module supply agreements that are scheduled to run through the first half of 2027. The announcement was made via press release from Tokyo on September 28, 2026.

Why it matters — TOYO watchers would care because these binding U.S. supply agreements provide multi-year visibility into the company's solar module revenue through 2027.

TOYO Co., Ltd. Provides Second Half 2026 Business Outlook

PRNewsWire · 28 Sept 2026neutral

TOYO Co., Ltd. released its business outlook for the second half of 2026, announced from Tokyo. The company issued this forward-looking guidance via a press release dated September 28, 2026.

Why it matters — A TOYO watcher would care because the company's official outlook offers guidance on its expected performance and direction for the remainder of the year.

FAQ

Frequently asked questions about TOYO stock

What is the TOYO stock price forecast for 2026-2027?

The 2 Wall Street analysts covering TOYO Co. Ltd. have a median 12-month price target of $14, with estimates ranging from $10 to $18. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is TOYO stock a buy right now?

Of the 2 analysts covering TOYO Co. Ltd., 2 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks TOYO Co. Ltd. 74 out of 100 across roughly 4,600 US stocks as at 12 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TOYO?

As at 12 Oct 2026, TOYO Co. Ltd. ranks 74 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (97 of 100).

Will TOYO stock go up?

No one can know that. What the data says: the median 12-month target from 2 analysts implies +224.8% from the last close, and Ticker Nerd's factor model ranks TOYO Co. Ltd. 74 out of 100 as at 12 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the TOYO stock forecast for 2030?

No analyst covering TOYO Co. Ltd. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TOYO are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $10 to $18 over the next 12 months.

How has TOYO stock performed over the past year?

TOYO Co. Ltd. returned -38.9% over the 12 months to 12 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does TOYO Co. Ltd. do?

TOYO Co., Ltd. is a solar technology company focused on the production and sale of products across the photovoltaic value chain.

What is the latest news on TOYO?

The most recent item we track (MarketBeat, 8 Oct 2026): "TOYO Targets U.S. Solar Cell Expansion as First-Half Revenue Soars 88%". At its Solar Analyst Day in Humble, Texas, TOYO outlined U.S. manufacturing expansion, discussed first-half results, and described plans for a proposed HJT solar-cell facility. The headline reports first-half revenue rose 88%.

Company

About TOYO Co. Ltd.

TOYO Co., Ltd. is a solar technology company focused on the production and sale of products across the photovoltaic value chain. The company operates in upstream wafer and silicon production, midstream solar cell manufacturing, and downstream photovoltaic module assembly, giving it a vertically integrated role in the solar supply chain. Its business centers on delivering solar cells, modules, and related products for use in renewable energy applications. TOYO Co., Ltd. serves markets in Asia and the United States, where it supports customers involved in solar power development, distribution, and deployment. Headquartered in Tokyo, Japan, the company is positioned as a specialized participant in the global solar industry, combining manufacturing and product development activities to supply core components used in clean energy systems.

CEO Mr. Takahiko Onozuka · 2,552 employees · Japan · https://www.toyo-solar.com