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

T1 Energy (NYSE:TE) had its target price cut by investment analysts at Needham & Company LLC from $8.00 to $7.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the utilities provider’s stock. Needham & Company LLC’s target price suggests a potential upside of 69.29% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Zacks Research upgraded T1 Energy from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Weiss Ratings reissued a “sell (d-)” rating on shares of T1 Energy in a research note on Wednesday, July 8th. BTIG Research upped their price target on T1 Energy from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Wall Street Zen downgraded T1 Energy from a “hold” rating to a “sell” rating in a report on Sunday, June 21st. Finally, Northland Securities assumed coverage on T1 Energy in a report on Wednesday, June 3rd. They set an “outperform” rating and a $16.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $9.00.

T1 Energy Stock Performance

Shares of TE opened at $4.13 on Tuesday. T1 Energy has a 1 year low of $1.15 and a 1 year high of $12.49. The company’s 50 day simple moving average is $8.30 and its 200 day simple moving average is $7.15. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of -2.04 and a beta of 2.16. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.98 and a current ratio of 1.25.

T1 Energy (NYSE:TE) last released its earnings results on Wednesday, May 13th. The utilities provider reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.13. The firm had revenue of $177.65 million during the quarter. T1 Energy had a negative net margin of 42.30% and a negative return on equity of 150.51%. During the same period in the previous year, the firm posted ($0.11) earnings per share. On average, sell-side analysts predict that T1 Energy will post -0.2 EPS for the current year.

Insider Buying and Selling

In other T1 Energy news, major shareholder Solar (Schweiz) Ag Trina sold 13,000,000 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $8.69, for a total value of $112,970,000.00. Following the transaction, the insider directly owned 40,152,664 shares of the company’s stock, valued at $348,926,650.16. This trade represents a 24.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 22.44% of the stock is owned by company insiders.

Institutional Investors Weigh In On T1 Energy

Several hedge funds have recently modified their holdings of TE. Strs Ohio purchased a new position in T1 Energy in the 1st quarter worth approximately $26,000. Envestnet Asset Management Inc. acquired a new stake in T1 Energy during the 2nd quarter valued at $27,000. Geode Capital Management LLC acquired a new stake in T1 Energy during the 2nd quarter valued at $3,296,000. Cetera Investment Advisers purchased a new stake in T1 Energy during the 2nd quarter worth $162,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of T1 Energy during the second quarter valued at about $71,000. 52.31% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about T1 Energy

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

T1 Energy Company Profile

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.