# TOYO Co., Ltd. (TOYO)

> Source: Nexqual · https://nexqual.com/TOYO · data as of 2026-10-23 17:24 UTC · cite as "Nexqual, TOYO Co., Ltd. (TOYO), nexqual.com/TOYO" · informational, not investment advice.

**Price:** USD 3.91 (+1.30% today) · US market open, as of October 23, 2026 at 17:24 UTC; quotes may be delayed. Prev close 3.86 · day 3.81–3.93 · 52w 3.81–17.43 · market cap $167M · NCM

## Key facts
- Analysts: Buy (mean 2.00 on a 1–5 scale) (2 analysts), mean target USD 14 (range 10–18).
- Total return with dividends: 1Y -46.4% vs S&P 500 +14.4%; 5Y -60.4% vs S&P 500 +77.0%.
- Next earnings: 2026-11-16, EPS estimate USD 0.31, revenue estimate $141M.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 2 analysts; mean target USD 14 (low 10, high 18).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-08 | HC Wainwright & Co. | Reiterated | Buy | $18 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2022-03-14) |
|---|---|---|
| Total return | -46.4% | -60.4% |
| S&P 500 (SPY) | +14.4% | +77.0% |
| Per year | -46.5% | -18.2% |
| Volatility (annualized) | 96.0% | 107.4% |
| Max drawdown | -77.3% (Jun 2026→Oct 2026) | -84.7% (May 2024→Jul 2024) |

## Peers (Solar)
JKS (JinkoSolar Holding Company Limi) USD 8.33 +2.33% · ARRY (Array Technologies, Inc.) USD 3.18 -3.79% · CSIQ (Canadian Solar Inc.) USD 9.21 -0.11% · SHLS (Shoals Technologies Group, Inc.) USD 7.59 -1.88% · RUN (Sunrun Inc.) USD 7.54 -2.08% · SEDG (SolarEdge Technologies, Inc.) USD 33.21 +0.82%

## More
Full page: https://nexqual.com/TOYO · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in TOYO's own 20-F filed 2026-04-01 (https://www.sec.gov/Archives/edgar/data/1985273/000121390026037921/ea0283695-20f_toyo.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Solar | "customer satisfaction, we believe we will establish "TOYO Solar" as a recognized global solar solutions provider that can" |
| Customer | Texas | "establish a solar cell plant at our Texas Plant in the U.S. targeting to serve U.S. customers, supported by new advanced" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.31 | $0.49 | -36.7% | $141.1M | 2 |
| Next quarter (ends 2026-12-31) | $0.39 | $0.54 | -28.0% | $166.7M | 2 |
| Current fiscal year (ends 2026-12-31) | $1.90 | $2.29 | -17.2% | $568.8M | 2 |
| Next fiscal year (ends 2027-12-31) | $3.35 | $3.33 | +0.6% | $1.03B | 2 |