T1 Energy (NYSE:TE) Given New $7.00 Price Target at Needham & Company LLC

T1 Energy (NYSE:TEFree Report) had its price objective reduced by Needham & Company LLC from $8.00 to $7.00 in a research note published on Tuesday morning,Benzinga reports. They currently have a buy rating on the utilities provider’s stock.

A number of other research analysts have also recently weighed in on the stock. Zacks Research upgraded shares of T1 Energy from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Wall Street Zen downgraded T1 Energy from a “hold” rating to a “sell” rating in a report on Sunday, June 21st. Sanford C. Bernstein started coverage on T1 Energy in a research report on Tuesday, June 16th. They issued a “market perform” rating and a $9.00 price objective on the stock. Northland Securities initiated coverage on shares of T1 Energy in a report on Wednesday, June 3rd. They issued an “outperform” rating and a $16.00 price target on the stock. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of T1 Energy in a report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, T1 Energy currently has an average rating of “Moderate Buy” and a consensus target price of $9.00.

Read Our Latest Stock Analysis on T1 Energy

T1 Energy Stock Performance

Shares of NYSE:TE opened at $4.13 on Tuesday. The firm has a fifty day simple moving average of $8.30 and a two-hundred day simple moving average of $7.15. T1 Energy has a 52 week low of $1.15 and a 52 week high of $12.49. The company has a quick ratio of 0.98, a current ratio of 1.25 and a debt-to-equity ratio of 2.05. The stock has a market capitalization of $1.15 billion, a P/E ratio of -2.04 and a beta of 2.16.

T1 Energy (NYSE:TEGet Free Report) last announced its earnings results on Wednesday, May 13th. The utilities provider reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.13. The firm had revenue of $177.65 million for the quarter. T1 Energy had a negative net margin of 42.30% and a negative return on equity of 150.51%. During the same quarter in the prior year, the company posted ($0.11) earnings per share. On average, analysts expect that T1 Energy will post -0.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, major shareholder Solar (Schweiz) Ag Trina sold 13,000,000 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $8.69, for a total value of $112,970,000.00. Following the completion of the sale, the insider owned 40,152,664 shares in the company, valued at approximately $348,926,650.16. The trade was a 24.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 22.44% of the company’s stock.

Hedge Funds Weigh In On T1 Energy

A number of large investors have recently bought and sold shares of TE. Strs Ohio purchased a new stake in T1 Energy during the first quarter worth $26,000. Envestnet Asset Management Inc. purchased a new position in shares of T1 Energy in the 2nd quarter valued at $27,000. NBC Securities Inc. bought a new position in shares of T1 Energy in the 4th quarter worth $28,000. First PREMIER Bank bought a new position in shares of T1 Energy in the 4th quarter worth $30,000. Finally, Blackhawk Capital Partners LLC bought a new position in shares of T1 Energy in the 1st quarter worth $44,000. Institutional investors own 52.31% of the company’s stock.

Key T1 Energy News

Here are the key news stories impacting T1 Energy this week:

  • Positive Sentiment: T1 Energy issued second-quarter 2026 revenue guidance of $245 million to $255 million, well above the approximately $185.4 million analyst consensus. The outlook suggests substantially stronger sales than expected and was the primary favorable operating update. T1 Announces Preliminary Results for Second Quarter 2026
  • Positive Sentiment: The company acquired foundational TOPCon solar-cell and module patents, related intellectual property and other assets from Evervolt Green Energy. T1 said the technology is among the most advanced commercially viable solar technologies, potentially strengthening its product competitiveness and long-term manufacturing position. T1 Announces Acquisition of Advanced Solar Intellectual Property Rights from Evervolt
  • Neutral Sentiment: The Evervolt transaction carries total consideration of $135 million. Owning technology that T1 previously licensed could improve control over its roadmap and economics, but investors will assess the acquisition price, funding requirements and the time needed to convert the intellectual property into higher margins and production growth. T1 Energy Acquires Solar Patents and Intellectual Property From Evervolt
  • Negative Sentiment: Law firm Block & Leviton announced an investigation into potential securities-law violations involving T1 Energy. Although the announcement does not establish wrongdoing, the investigation adds legal, reputational and headline risk and may weigh on investor sentiment. T1 Energy Investigation

About T1 Energy

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T1 Energy Inc is an energy solutions provider building an integrated supply chain for solar and batteries. T1 Energy Inc , formerly known as FREYR Battery, is based in NEW YORK.

Further Reading

Analyst Recommendations for T1 Energy (NYSE:TE)

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