| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 29 | — | 17.4x | Bottom tier | |
Growth | 89 | 427.0% | 7.1% | Top tier | |
Quality | 8 | -19.4% | 4.5% | Bottom tier | |
Safety | 21 | — | 2.6x | Bottom tier | |
Capital Return | 23 | 0.00% | 0.18% | Bottom tier | |
Momentum | 31 | 106.4% | 1.3% | Bottom tier | |
Sentiment | 23 | 1 | 3 | Bottom tier |
10-year US Treasury yield 5.31% as of 2026-10-05. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
T1 Energy Inc is a solar energy company building a vertically integrated, silicon-based U.S. supply chain. Its core business generates revenue from manufacturing solar modules at G1_Dallas, which has a capacity of 5 gigawatts, and selling them under supply contracts that include cost-plus-fixed-margin arrangements; 3 gigawatts of fiscal year 2026 volumes were covered by these contractual formulas. The company is building the 2.1-gigawatt first phase of the G2_Austin cell plant to integrate domestic cells with G1_Dallas modules, while the acquisition of KORE Power, renamed T1 NRI, added services, control systems, and engineering solutions for data center, industrial, and government customers.
In the second quarter of fiscal year 2026, T1 Energy reported revenue of $250.1 million and gross profit of $49.1 million, equivalent to a gross margin of 19.5%, compared with revenue of $177.6 million and gross profit of $29.1 million in the first quarter of fiscal year 2026. G1_Dallas produced approximately 935 megawatts of modules, the facility's second-highest quarterly output, but the company remained unprofitable, with a net loss of $43.5 million and negative earnings per share of $0.16. Adjusted earnings before interest, taxes, depreciation, and amortization were $10.7 million, including a nonrecurring tariff refund of $24 million, indicating that the quality of underlying operating profitability remains limited.
On a trailing-twelve-month basis in fiscal year 2026, revenue was $996.9 million and gross profit was $83.2 million, while the net loss reached $383.6 million and earnings per share were approximately negative $1.37. This combination shows that T1 Energy achieved clear growth in production and revenue, but its financial model remains in a capital-intensive investment phase in which higher earnings and cash flows depend on financing, completing, and beginning domestic cell production at G2_Austin. The provided data did not include a numerical revenue breakdown between module manufacturing and T1 NRI services, so G1_Dallas remains the clearest quantifiable operating driver for the quarter.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is "Buy," with an average price target of $11.33 and a wide target range of $9 to $16; the average is close to the 52-week high of $12.49, while the highest target exceeds that peak. There is no positive price-to-earnings ratio because the trailing-twelve-month net loss was $383.6 million, so the valuation rests on successfully financing G2_Austin, beginning production in the first quarter of fiscal year 2027, and improving margins, rather than on currently realized earnings. The wide 52-week range of $1.59 to $12.49 also reflects the stock's high sensitivity to financing, execution, and contract news.
Figures in the text are as of 2026-09-02; the live price is shown at the top of the page.
The company produced 935 megawatts of solar modules in the second quarter of fiscal year 2026, the second-highest quarterly output in G1_Dallas history. Revenue increased to $250.1 million from $177.6 million in the first quarter of fiscal year 2026, and gross margin improved by approximately 300 basis points to 19.5%. Based on higher production and steady demand, management expects fiscal year 2026 production and sales to approach the upper end of the 3.1 to 4.2 gigawatt range.
The first phase of G2_Austin is a 2.1-gigawatt U.S. solar cell plant designed to supply G1_Dallas modules with domestic cells. As of August 12, 2026, the building was ready for mechanical, electrical, and plumbing installations, and the main production-line equipment was either in the United States or en route to it. The company is targeting the start of cell production in the first quarter of fiscal year 2027 and a production ramp during the first half of fiscal year 2027, but this requires completing financing and the remaining capital expenditures of between $200 million and $250 million.
T1 Energy had contractual coverage of 3 gigawatts for fiscal year 2026, according to the August 12, 2026 call. It also signed an agreement with Clearway Energy Group to supply 641 megawatts of G1_Dallas modules using domestic G2_Austin cells, in addition to the 900-megawatt Treaty Oak contract. The company did not disclose the timing, pricing, or margin structure of the Clearway contract, but explained that its fiscal year 2026 contracts use a mix of cost-plus-fixed-margin and cost-plus formulas.
The company reported gross profit of $49.1 million and a gross margin of 19.5% in the second quarter of fiscal year 2026, but incurred a net loss of $43.5 million. Adjusted earnings before interest, taxes, depreciation, and amortization were $10.7 million and included a nonrecurring tariff refund of $24 million. On a trailing-twelve-month basis in fiscal year 2026, the net loss was $383.6 million, so a sustainable transition to profitability has not yet been achieved.
T1 Energy acquired the core intellectual property for TOPCon technology from Evervolt Green Energy after previously using it under a license. Management said on August 12, 2026 that the transaction eliminates expected licensing fees and produces a positive net present value compared with the previous agreement, which was due to expire in 2029. The company can explore licensing the technology to third parties, but as of that date it had not announced a licensing contract or any resulting revenue amount.
The company raised $120 million through convertible notes due in 2031 to serve as a bridge toward a comprehensive financing solution for the first phase of G2_Austin. Management acknowledged on the August 12, 2026 call that closing the financing had taken longer than expected, despite reaffirming its confidence in the ongoing discussions. With $200 million to $250 million of project capital expenditures remaining and a trailing-twelve-month loss of $383.6 million, any further delay could increase the debt burden or create a need for equity-linked financing.
