Key Highlights

  • Shares rose 5.43% pre-market to $4.98 from a $4.72 close.
  • Company will attend RE+ from Nov. 16 to 19 and ROTH meetings on Nov. 17.
  • Fiscal 2025 Revenue rose 142% to $427.4 million.

TOYO (NASDAQ:TOYO) shares rose 5.43% in pre-market trading on Tuesday to $4.98, from a Monday close of $4.72. The stock had gained 4.19% in the prior session.

TOYO is a Tokyo-headquartered solar manufacturer founded in 2022. It aims to be a vertically integrated provider across wafers and silicon, solar cells and photovoltaic modules.

RE+ Booth and ROTH Symposium Meetings

The company plans to attend RE+ from Nov. 16 to 19 at Booth N3136 and to hold meetings at the ROTH symposium on Nov. 17. These events give management a venue to meet customers and investors.

Vertically Integrated Manufacturing Outside China

The company has built production outside China to serve tariff-sensitive U.S. demand. It runs 2 GW of cell capacity in Vietnam, and a 4 GW cell Facility in Ethiopia reached nameplate capacity in October 2025. A 1 GW U.S. module plant began commercial production in the same month.

In fiscal 2025, revenue rose 142% to $427.4 million, driven by 4.5 GW of cell shipments. Gross Margin improved to 32.5% in the first half of 2026.

Valuation Data for a Sub-$5 Share Price

At $4.98, the shares sit about 71% below the 52-week high of $17.43 and about 34% above the 52-week low of $3.71. Market Capitalization is about $201.63 million. Trailing EPS is $2.25 and the trailing price-to-earnings ratio is 2.00. The sub-$5 price keeps the stock in Penny Stock territory, where percentage swings can be wide.

November Events Mark the Near-Term Calendar

RE+ and the ROTH symposium are the next scheduled public appearances. Investors will watch for commentary on U.S. module production and cell shipments. The company's filings carry the full risk factors.