T1 Energy Inc (NYSE:TE – Get Free Report) was down 10.9% on Friday following a dissappointing earnings announcement. The company traded as low as $1.60 and last traded at $1.7550. Approximately 23,664,429 shares traded hands during trading, a decline of 9% from the average session volume of 26,064,080 shares. The stock had previously closed at $1.97.
The utilities provider reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.02). T1 Energy had a negative return on equity of 149.67% and a negative net margin of 38.49%. The business had revenue of $196.59 million for the quarter.
Trending Headlines about T1 Energy
Here are a few of the latest headlines about TE:
- Positive Sentiment: Management pointed to stronger solar demand, improving module prices and new offtake agreements as support for its U.S. manufacturing plans. The quarterly loss also narrowed from a year earlier, according to Zacks. Article: T1 Energy Q3 Earnings Call Focuses on G2 Funding and Solar Demand
- Neutral Sentiment: BTIG cut its price target to $7 from $9 but kept its Buy rating, signaling continued analyst optimism despite a reduced valuation outlook. Article: BTIG Research ratings
- Negative Sentiment: T1 reported a third-quarter loss of $0.14 per share, missing the cited $0.12 consensus estimate, with revenue of $196.59 million. The earnings call also put a spotlight on securing financing for its G2 project amid delays, leaving execution and funding risks in focus. Article: T1 Energy Reports Third Quarter 2026 Results
Wall Street Analysts Forecast Growth
TE has been the topic of several analyst reports. Needham & Company LLC cut their price target on T1 Energy from $7.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, October 23rd. Weiss Ratings raised T1 Energy from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 16th. Wall Street Zen downgraded T1 Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 22nd. Vertical Research started coverage on T1 Energy in a research note on Thursday, September 17th. They issued a “hold” rating and a $5.00 target price on the stock. Finally, BTIG Research dropped their target price on T1 Energy from $9.00 to $7.00 and set a “buy” rating on the stock in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $7.30.
View Our Latest Research Report on TE
Hedge Funds Weigh In On T1 Energy
Several institutional investors have recently made changes to their positions in the company. Advisors Asset Management Inc. acquired a new position in shares of T1 Energy in the 3rd quarter valued at $109,000. Creek Drive Management Group LLC acquired a new stake in T1 Energy during the third quarter valued at $3,956,000. Landscape Capital Management L.L.C. grew its position in T1 Energy by 45.2% during the third quarter. Landscape Capital Management L.L.C. now owns 52,738 shares of the utilities provider’s stock valued at $204,000 after buying an additional 16,420 shares during the period. Diversified Trust Co purchased a new position in T1 Energy in the third quarter valued at $163,000. Finally, Russell Investments Group Ltd. increased its holdings in T1 Energy by 156.5% in the third quarter. Russell Investments Group Ltd. now owns 320,298 shares of the utilities provider’s stock valued at $1,236,000 after buying an additional 195,428 shares in the last quarter. 52.31% of the stock is owned by hedge funds and other institutional investors.
T1 Energy Stock Down 10.9%
The business’s fifty day simple moving average is $3.35 and its two-hundred day simple moving average is $5.85. The company has a market cap of $516.90 million, a PE ratio of -0.89 and a beta of 2.48. The company has a debt-to-equity ratio of 3.50, a current ratio of 1.30 and a quick ratio of 0.90.
T1 Energy Company Profile
T1 Energy, formerly known as FREYR Battery, is a U.S.-focused solar manufacturing company. After initially pursuing battery production, the company shifted its strategy toward building a domestic solar supply chain. The company is developing solar manufacturing operations in Texas, including facilities intended to produce solar cells and modules. Its products are designed to serve the solar energy market, supporting the deployment of photovoltaic systems. T1 Energy’s strategy centers on expanding U.S.-based solar manufacturing and serving customers seeking domestically produced solar products.
See Also
- Five stocks we like better than T1 Energy
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
- Firefly Aerospace Lights Up a High-Risk Space Opportunity
- Is Buying the NVIDIA Dip a Mistake? 3 Value Stocks Offer a Different Path Forward
- Costco’s Record $30 Dividend Shows Just How Strong Its Cash Machine Is
Receive News & Ratings for T1 Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T1 Energy and related companies with MarketBeat.com's FREE daily email newsletter.
