T1 Energy (NYSE:TE – Get Free Report) posted its quarterly earnings data on Wednesday. The utilities provider reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.04, reports. T1 Energy had a negative return on equity of 150.51% and a negative net margin of 42.30%.The business had revenue of $250.13 million for the quarter.
T1 Energy Stock Performance
Shares of TE stock traded up $0.09 during trading hours on Thursday, reaching $4.99. 13,178,530 shares of the company traded hands, compared to its average volume of 28,362,344. The firm has a 50-day moving average price of $7.20 and a 200 day moving average price of $6.94. The company has a market cap of $1.39 billion, a P/E ratio of -2.46 and a beta of 2.23. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.25 and a quick ratio of 0.98. T1 Energy has a 12-month low of $1.20 and a 12-month high of $12.49.
Key Headlines Impacting T1 Energy
Here are the key news stories impacting T1 Energy this week:
- Positive Sentiment: Second-quarter revenue reached $250.1 million, while adjusted EPS of negative $0.09 exceeded the consensus estimate of negative $0.13. The narrower-than-expected loss and higher sales initially supported the shares. T1 Energy Reports Second Quarter 2026 Results
- Positive Sentiment: T1 Energy said its G1 Dallas facility produced approximately 935 megawatts of solar modules during the quarter, described as record production, indicating improving operating scale. T1 Energy Inc Q2 Earnings Call Highlights
- Positive Sentiment: Clearway Energy signed an agreement for 641 MW of solar modules tied to future G2 Austin production. The contract provides evidence of customer demand as T1 works to finance and construct the facility. T1 Energy Q2 Earnings Call Centers on G2 Funding and U.S. Solar Buildout
- Positive Sentiment: BTIG raised its price target from $8 to $9 and maintained a Buy rating, citing potential upside from T1’s U.S. solar manufacturing expansion. BTIG Raises T1 Energy Price Target
- Neutral Sentiment: Management is focused on securing G2 Austin funding, completing construction and beginning solar-cell production, while pursuing additional U.S. solar agreements. These milestones could materially improve the outlook, but timing and financing remain important uncertainties. T1 Energy Q2 Earnings Call Centers on G2 Funding and U.S. Solar Buildout
- Negative Sentiment: T1 Energy still posted a $44.5 million net loss, with a negative net margin of 42.3% and negative return on equity. Persistent costs and the company’s projected full-year loss continue to weigh on the stock despite the revenue beat. T1 Energy Stock and Q2 Results
Insider Buying and Selling
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in TE. Strs Ohio purchased a new position in shares of T1 Energy in the first quarter worth $26,000. Envestnet Asset Management Inc. bought a new position in shares of T1 Energy during the 2nd quarter valued at about $27,000. NBC Securities Inc. purchased a new position in shares of T1 Energy during the fourth quarter valued at about $28,000. Blackhawk Capital Partners LLC purchased a new stake in shares of T1 Energy in the first quarter worth about $44,000. Finally, SteelPeak Wealth LLC purchased a new position in shares of T1 Energy in the 1st quarter worth $46,000. 52.31% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the company. Wall Street Zen lowered T1 Energy from a “hold” rating to a “sell” rating in a research report on Sunday, June 21st. Northland Securities initiated coverage on T1 Energy in a research report on Wednesday, June 3rd. They set an “outperform” rating and a $16.00 price objective for the company. BTIG Research boosted their target price on shares of T1 Energy from $8.00 to $9.00 and gave the company a “buy” rating in a report on Wednesday. Sanford C. Bernstein started coverage on shares of T1 Energy in a research note on Tuesday, June 16th. They issued a “market perform” rating and a $9.00 price target for the company. Finally, Zacks Research raised shares of T1 Energy from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $9.12.
Read Our Latest Research Report on T1 Energy
About T1 Energy
T1 Energy Inc is an energy solutions provider building an integrated supply chain for solar and batteries. T1 Energy Inc , formerly known as FREYR Battery, is based in NEW YORK.
Recommended Stories
- Five stocks we like better than T1 Energy
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
- Lumentum Just Delivered the AI Growth Investors Wanted
- Ryman Checks Into a $1.38B Hospitality Upgrade
- Axos Financial Keeps Proving the Digital Banking Model Works
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.
