T1 Energy (TE) AI Stock Analysis

• Market Cap: $1.74B
• Dividend Yield: N/A
• Average Volume (3M): 21.74M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.79
• Revenue Growth: N/A
• EPS Growth: -394.37%
• Country: US
• Employees: 328
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.22
• Shares Outstanding: 270,572,800
• 10 Day Avg. Volume: 19,151,801
• 30 Day Avg. Volume: 21,744,260
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.53
• Price to Sales (P/S): 123.25
• P/FCF Ratio: -2.36
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 7.40
• Enterprise Value/Gross Profit: 20.76
• Enterprise Value/Ebitda: -13.67
• 1Y Price Target: $9.83
• Price Target Upside: 52.17% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): -0.19
• Revenue Forecast (FY): $1.07B

• Rating: 56 Neutral
• Price Target: $9.50 ▲(47.06% Upside)

The score is held back primarily by weak financial quality—very large losses, high leverage, and negative free cash flow—despite strong revenue growth. Technicals are a clear positive with a strong uptrend and positive momentum. Earnings/corporate updates are constructive due to reaffirmed EBITDA guidance, capital raising, and steps to protect tax-credit eligibility, but execution and sourcing risks remain.

Positive Factors

Robust revenue growth & solid gross margin

Sustained top-line expansion and a healthy gross margin indicate improving scale and product mix. Over the next 2–6 months this supports absorption of fixed costs, gives management room to focus on operating leverage, and underpins the path toward positive operating cash flow if costs stabilize.

Production ramp at G1 facility

A verified production record at G1 signals operational learning and scale benefits that reduce unit costs over time. Durable ramp capacity supports contractual deliveries, strengthens customer credibility, and materially increases near-term revenue run rate as new fab phases come online.

Material capital formation and liquidity improvements

A large financing package materially eases near-term liquidity pressure and funds critical capex (G2_Austin) and FEOC compliance actions. This reduces execution risk on construction and supply-chain transitions and provides a runway to execute the business plan over the coming 6–12 months.

Negative Factors

Severe losses, high leverage, negative free cash flow

Very large net losses, elevated leverage and persistent negative free cash flow materially limit financial flexibility. Over the medium term this raises refinancing and covenant risks, constrains strategic optionality, and requires continued external funding if operating profits and cash conversion do not improve.

Large contract-dispute impairment

A >$50M impairment from a contract dispute highlights execution and counterparty risks that can quickly erode capital and trust with customers and suppliers. Such disputes can cause recurring write-downs, delay revenue recognition, and complicate project economics for future offtake agreements.

Regulatory and governance exposure

Active DOJ/SEC inquiries plus major governance and ownership amendments signal legal and regulatory vulnerability. Needing to restructure ownership and supply agreements to preserve Section 45X credits increases complexity, execution risk, and potential future policy exposure that could affect long-term competitiveness.

T1 Energy Business Overview & Revenue Model

Company Description

T1 Energy Inc engages in the production and sale of battery cells for stationary energy storage, electric mobility, and marine applications in Europe and internationally. The company designs and manufactures lithium-ion based battery cell facilities. The company was founded in 2018 and is based in Luxembourg.

How the Company Makes Money

T1 Energy (TE) generates revenue through multiple streams. Its primary revenue comes from the sale of electricity generated from its solar and wind energy farms to utility companies and large-scale industrial customers. Additionally, TE offers energy storage solutions, allowing customers to manage and store energy efficiently, which is billed as a service fee. The company also earns income through consulting services, providing expertise in energy efficiency and renewable energy integration. Strategic partnerships with government entities and private sectors further enhance its revenue by facilitating large-scale renewable energy projects and securing long-term power purchase agreements.

T1 Energy Financial Statement Overview

Summary

Revenue growth is strong (+67.4% TTM) with a solid gross margin (~35.6%), but operating performance is severely weak (deeply negative EBITDA/EBIT and extremely large net losses, ~-243% net margin). Leverage is high (debt-to-equity ~4.28x) and free cash flow remains negative (~-$54.7M), keeping financial risk elevated despite modestly positive operating cash flow (~$22.2M).

Income Statement

TTM (Trailing-Twelve-Months) revenue is up sharply (+67.4%) with a solid gross margin (~35.6%), signaling improving scale. However, profitability is very weak: EBIT and EBITDA remain deeply negative and net losses are extremely large (net margin ~-243%), indicating the current cost structure and/or one-time charges are overwhelming gross profit. Overall, strong top-line momentum is outweighed by severe ongoing losses.

Balance Sheet

The balance sheet shows meaningful asset size (~$1.40B TTM), but leverage is elevated with debt well above equity (debt-to-equity ~4.28x TTM). Equity has also declined versus the latest annual period, and returns on equity are deeply negative, reflecting heavy losses and pressure on the capital base. This increases financial risk and reduces flexibility if operating performance doesn’t improve quickly.

Cash Flow

Cash generation has improved versus prior annual periods, with TTM (Trailing-Twelve-Months) operating cash flow turning modestly positive (~$22.2M) after sizable outflows previously. Still, free cash flow remains negative (~-$54.7M) and deteriorated versus the prior period (free cash flow growth ~-61.9%), suggesting continued heavy investment and/or working-capital needs. Operating cash flow covers only a small portion of net losses, so cash burn risk remains.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	224.44M	2.94M	0.00	0.00	0.00	0.00
Gross Profit	79.98M	1.23M	0.00	-478.00K	-120.00K	-15.00K
EBITDA	-121.44M	-63.81M	-62.18M	-98.64M	-93.25M	-8.91M
Net Income	-546.75M	-450.15M	-71.94M	-98.79M	-93.38M	-9.61M
Balance Sheet
Total Assets	1.40B	1.34B	732.90M	828.44M	627.03M	15.93M
Cash, Cash Equivalents and Short-Term Investments	34.15M	72.64M	254.31M	563.04M	563.96M	14.75M
Total Debt	701.84M	713.38M	0.00	14.40M	0.00	7.57M
Total Liabilities	1.24B	1.10B	98.19M	108.31M	81.55M	10.97M
Stockholders Equity	155.66M	237.14M	633.20M	717.46M	545.49M	4.96M
Cash Flow
Free Cash Flow	-54.73M	-153.65M	-275.75M	-270.80M	-76.91M	-7.41M
Operating Cash Flow	22.23M	-102.82M	-87.93M	-90.01M	-63.14M	-7.34M
Investing Cash Flow	-135.40M	-137.73M	-186.98M	-175.03M	-33.79M	-71.00K
Financing Cash Flow	16.45M	45.87M	0.00	250.07M	649.00M	20.46M

T1 Energy Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 6.46
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TE, the sentiment is Neutral. The current price of 6.46 is below the 20-day moving average (MA) of 7.77, below the 50-day MA of 7.22, and above the 200-day MA of 3.44, indicating a neutral trend. The MACD of -0.29 indicates Positive momentum. The RSI at 41.33 is Neutral, neither overbought nor oversold. The STOCH value of 18.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TE.

T1 Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
TE	56 Neutral	$1.74B	-1.71	-55.98%	―	―	-394.37%
FCEL	51 Neutral	$347.52M	-0.95	-26.12%	―	41.05%	-1.02%
SDST	51 Neutral	$33.16M	-0.94	―	―	―	61.78%
TGEN	48 Neutral	$114.91M	―	-29.60%	―	24.01%	5.55%
GWH	43 Neutral	$38.12M	-0.29	-265.36%	―	-3.53%	24.37%
NVX	41 Neutral	$200.47M	-1.79	-45.13%	―	-14.27%	-28.56%

T1 Energy Corporate Events

T1 Energy Files Shelf Registration for Secondary Share Resale

On January 21, 2026, T1 Energy Inc. filed an automatic shelf registration statement with the U.S. Securities and Exchange Commission, followed by a prospectus supplement registering the potential resale of 14,274,704 existing common shares and a warrant to purchase 7,000,000 additional common shares by certain existing investors. The registered securities relate to shares previously issued in private placements to Trina Solar (Schweiz) AG and to a warrant issued to Stellar Hann Investment Ltd., and the company emphasized that it will not issue new securities or receive any proceeds from any resale by these securityholders, with the filing primarily serving to facilitate potential secondary market transactions and provide a legal opinion on the validity of the shares and enforceability of the warrant.

The most recent analyst rating on (TE) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on T1 Energy stock, see the TE Stock Forecast page.

T1 Energy Restructures Agreements to Maintain Tax Credit Eligibility

On December 29–30, 2025, T1 Energy concluded a series of transactions with Trina Solar and related parties to strengthen its compliance with “Foreign Entity of Concern” requirements under the One Big Beautiful Bill Act and preserve eligibility for Section 45X tax credits in 2026. The company repaid and terminated a loan note held by Trina and partially discharged a large production reservation fee through a $274 million cash payment and the issuance of 3 million common shares, leaving $65 million of the fee outstanding, while TUS waived $34 million of 2025 service fees payable by affiliate G1 under a sales agency agreement. T1 also reduced Trina’s effective influence by capping FEOC-related equity ownership in its charter, lowering Trina’s share of its debt below regulatory thresholds, eliminating Trina’s right to appoint covered officers, transitioning key intellectual property licensing from Trina to non-FEOC entity Evervolt, and restructuring its supply chain around certified non-FEOC cell suppliers and U.S. partners for polysilicon, wafers, and steel frames. Together with an amendment to reclassify its chief strategy officer as a consultant, these steps are intended to support T1’s ability to deliver FEOC-compliant, high‑domestic‑content solar modules to customers from 2026 onward and mitigate regulatory and policy risks for the company and its stakeholders.

The most recent analyst rating on (TE) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on T1 Energy stock, see the TE Stock Forecast page.

T1 Energy Completes Major Public Offering

On December 16, 2025, T1 Energy Inc. successfully completed a public offering of $161.0 million in Convertible Senior Notes due 2030 and a public offering of 32,525,254 shares of common stock, raising approximately $304.2 million in net proceeds. The funds will be used to comply with foreign entities of concern provisions, advance infrastructure for the G2_Austin facility, and for general corporate purposes, impacting the company’s financial strategy and operational expansion.

The most recent analyst rating on (TE) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on T1 Energy stock, see the TE Stock Forecast page.

T1 Energy Announces Pricing of Public Offerings

On December 11, 2025, T1 Energy Inc. announced the pricing of its public offerings, which included 28,282,830 shares of common stock and $140 million of 5.25% convertible senior notes due 2030. The offerings, expected to close on December 15 and 16, 2025, respectively, aim to raise approximately $264.3 million to support compliance with foreign entity regulations, infrastructure development, and general corporate purposes.

The most recent analyst rating on (TE) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on T1 Energy stock, see the TE Stock Forecast page.

T1 Energy Approves Key Amendments in Stockholder Meeting

On December 3, 2025, T1 Energy Inc. held a special meeting of stockholders where several amendments to the company’s Certificate of Incorporation were approved. These included establishing limits on foreign ownership to comply with U.S. tax laws, increasing authorized shares from 355 million to 500 million, and removing the ‘only for cause’ clause for director removal. The company also signed a significant 2.0 GW offtake contract for 2026 module deliveries. However, it is currently under investigation by the DOJ and SEC regarding stock sales by a company executive in 2023, with the company cooperating but unable to predict the outcome.

The most recent analyst rating on (TE) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on T1 Energy stock, see the TE Stock Forecast page.

T1 Energy Reports Q3 Results and Strategic Moves

On November 14, 2025, T1 Energy reported its third-quarter financial results, highlighting a significant ramp-up in production and sales expected in the fourth quarter, particularly at its G1_Dallas facility. The company also announced a strategic agreement with Encompass Capital Advisors, receiving $50 million and restructuring its stock purchase agreement. Additionally, T1 is advancing the construction of its G2_Austin solar cell fab, with plans to start in Q4 2025, supported by recent capital formation efforts. The company is also making strategic investments and agreements to strengthen its position in the U.S. solar market, including a multi-year supply agreement with Nextpower and a minority stake in Talon PV LLC.

The most recent analyst rating on (TE) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on T1 Energy stock, see the TE Stock Forecast page.