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TOYO Co., Ltd. Secures U.S. Polysilicon Supply to Bolster American Solar Expansion

Story Highlights
  • TOYO signed a one-year contract for U.S.-made polysilicon to support its solar manufacturing operations.
  • The deal strengthens TOYO’s diversified, regulation-aligned supply chain and supports its U.S. market expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TOYO Co., Ltd. Secures U.S. Polysilicon Supply to Bolster American Solar Expansion

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TOYO Co Ltd ( (TOYO) ) has shared an announcement.

On January 7, 2026, TOYO Co., Ltd. announced it had signed a one-year sales contract with a leading U.S. polysilicon manufacturer to secure domestically produced polysilicon for its solar manufacturing operations. The agreement, which supplements TOYO’s existing non-FEOC overseas supply, establishes a dual-source, diversified supply chain that supports solar cell production in Ethiopia and module manufacturing in the United States, bolstering the company’s ability to meet growing U.S. solar demand and align with U.S. regulatory expectations while underpinning its expansion and positioning as a key solar supplier in the American market.

The most recent analyst rating on (TOYO) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on TOYO Co Ltd stock, see the TOYO Stock Forecast page.

Spark’s Take on TOYO Stock

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

TOYO Co Ltd’s stock score is primarily driven by strong technical indicators, suggesting bullish momentum. However, financial performance challenges, including declining profit margins and increased leverage, weigh down the score. The valuation is reasonable, supporting the stock’s potential for growth.

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

More about TOYO Co Ltd

TOYO Co., Ltd. is a solar solutions company aiming to become a full-service global provider across the solar value chain, spanning upstream wafer and silicon production, midstream solar cell manufacturing, and downstream photovoltaic module production. The company positions itself to deliver high-quality solar cells at competitive scale and cost, with a particular focus on serving the U.S. solar market and integrating multiple stages of solar power manufacturing.

Average Trading Volume: 37,258

Technical Sentiment Signal: Buy

Current Market Cap: $210.1M

See more data about TOYO stock on TipRanks’ Stock Analysis page.

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