What is HC Wainwright’s Estimate for TOYO Q2 Earnings?

TOYO Co., Ltd. (NASDAQ:TOYO) – Investment analysts at HC Wainwright issued their Q2 2026 earnings per share estimates for shares of TOYO in a report issued on Monday, June 29th. HC Wainwright analyst A. Dayal forecasts that the company will post earnings per share of $0.45 for the quarter. The consensus estimate for TOYO’s current full-year earnings is $2.23 per share. HC Wainwright also issued estimates for TOYO’s Q3 2026 earnings at $0.45 EPS, Q4 2026 earnings at $0.54 EPS and FY2026 earnings at $2.20 EPS.

Several other research firms have also commented on TOYO. Weiss Ratings raised shares of TOYO from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Roth Mkm initiated coverage on shares of TOYO in a research report on Thursday, April 2nd. They issued a “buy” rating and a $15.00 price objective on the stock. Finally, Wall Street Zen upgraded shares of TOYO from a “hold” rating to a “strong-buy” rating in a research note on Saturday, April 4th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, TOYO currently has a consensus rating of “Moderate Buy” and an average target price of $16.50.

TOYO Price Performance

Shares of TOYO stock opened at $6.95 on Wednesday. The stock’s 50-day moving average is $12.67 and its 200 day moving average is $9.55. TOYO has a 1-year low of $3.39 and a 1-year high of $17.43. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.68 and a quick ratio of 0.31. The company has a market cap of $262.50 million, a P/E ratio of 9.27 and a beta of 1.31.

TOYO (NASDAQ:TOYO) last released its quarterly earnings results on Monday, May 18th. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.72 by $0.03. The company had revenue of $142.77 million during the quarter, compared to the consensus estimate of $202.90 million.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TOYO stock. Bank of America Corp DE purchased a new stake in shares of TOYO Co., Ltd. (NASDAQ:TOYO) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 18,366 shares of the company’s stock, valued at approximately $135,000. 84.61% of the stock is owned by institutional investors.

TOYO Company Profile

TOYO Co Ltd. engages in the design, manufacture, and sale of solar cells and modules. It is involved in integrating the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and potentially other stages of the solar power supply chain. The company was founded on November 8, 2022 and is headquartered in Tokyo, Japan.