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TOYO Co., Ltd Expands U.S. Market Presence with VSUN Acquisition and New Facilities

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TOYO Co., Ltd Expands U.S. Market Presence with VSUN Acquisition and New Facilities

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TOYO Co Ltd ( (TOYO) ) has provided an update.

On September 8, 2025, TOYO Co., Ltd announced its unaudited financial results for the first half of 2025, highlighting strategic growth initiatives. The company has expanded its manufacturing capabilities with a new solar cell facility in Ethiopia, which began production in April 2025, and a module assembly plant in Texas. The acquisition of the VSUN brand is set to enhance TOYO’s market presence in the U.S., leveraging VSUN’s established customer base and reputation. This strategic move is expected to strengthen TOYO’s competitive position and revenue potential in the solar energy market.

Spark’s Take on TOYO Stock

According to Spark, TipRanks’ AI Analyst, TOYO is a Neutral.

TOYO Co Ltd’s overall stock score is influenced by strong profitability but hindered by cash flow challenges and recent negative market sentiment following earnings. Technical indicators suggest potential for recovery, though valuation is only moderate. The absence of dividend yield and guidance adds uncertainty, impacting the overall score.

To see Spark’s full report on TOYO stock, click here.

More about TOYO Co Ltd

TOYO Co., Ltd is a NASDAQ-listed solar company, originally a carve-out from Abalance’s subsidiary VSUN, focused on providing high-quality solar solutions. The company operates in the renewable energy sector, with a significant manufacturing presence in Vietnam, Ethiopia, and the USA, aiming to meet the growing demand in the U.S. market.

Average Trading Volume: 24,519

Technical Sentiment Signal: Buy

Current Market Cap: $191.8M

Learn more about TOYO stock on TipRanks’ Stock Analysis page.

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