T1 Energy Inc. (NYSE:TE) shares are trading lower after the company announced its preliminary financial and operating results for the second quarter of 2026. The company also announced the acquisition of solar patents and related assets.

• T1 Energy stock is among today’s weakest performers. Why is TE stock dropping?

Q2 Preliminary Results

T1 Energy expects sales of approximately $245 million-$255 million (versus consensus of $193.5 million), supported by module shipments of around 835 MW.

The company projects a net loss from continuing operations of approximately $34 million to $37 million for the quarter.

Adjusted EBITDA is expected to range of -$14.5 million and -$11.5 million, excluding around $24.4 million in tariff refunds related to the International Emergency Economic Powers Act (IEEPA).

T1 Energy sold its remaining 2025 Section 45X tax credits for $39.1 million at 93 cents per dollar and started discussions to monetize 2026 tax credits.

As of June 30, T1 held $156.4 million in cash, cash equivalents, and restricted cash.

Project Update

The company said the construction at G2_Austin progressed, with steel work 80% complete. T1 raised Phase 1 capex guidance to $510 million from $425 million due to higher labour and material costs, delaying first solar cell production to the first quarter of 2027.

T1 expects 2026 G1_Dallas production to reach the upper end of its 3.1 GW-4.2 GW target range, supported by new international cell supplier qualifications.

Solar Patents Acquisition

In a separate release today, the company disclosed the buyout of foundational solar patents, intellectual property, and related assets for total consideration of $135 million.

The company will acquire the assets from Singapore-based Evervolt Green Energy Holding.

The assets include acquired Tunnel Oxide Passivated Contact (TOPCon) solar cell and module technology, which T1 considers one of the most advanced commercially viable high-efficiency solar technologies.

Under the agreement, T1 initially paid $2 million in cash to secure acquisition rights, with the remaining $133 million payable in four installments: $60 million due shortly after closing on July 28, 2026, followed by $25 million on Sept. 30, $30 million on Oct. 15, and $18 million on Oct. 30.

T1 plans to fund the first tranche through the issuance of common shares, while future payments may be made in cash, stock, or a combination at the company’s discretion.

Read Also: T1 Energy Stock Tests Critical Support: What's Driving the Volatility?

T1 Energy Earnings Preview: What Analysts Expect

Looking further out, the next major catalyst for the stock arrives with the Aug, 19 (estimated) earnings report.

  • EPS Estimate: Loss of 9 cents (Up from loss of 20 cents year-over-year)
  • Revenue Estimate: $185.40 million (Up from $132.77 million YoY)

Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $10.25. Recent analyst moves include:

  • Bernstein: Initiated with Market Perform (Target $9 on June 17)
  • Northland Capital Markets: Initiated with Outperform (Target $16 on June 3)
  • Needham: Buy (Maintains Target to $8 on May 12)

T1 Energy Benzinga Edge Scorecard Overview

Below is the Benzinga Edge scorecard for T1 Energy, highlighting its strengths and weaknesses compared to the broader market:

  • Momentum: Bullish (Score: 96.17) — Despite today’s sell-off, the longer-window momentum factor remains strong versus the broader market.

The Verdict: T1 Energy’s Benzinga Edge signal reveals a momentum-driven story, even as the near-term chart is under heavy pressure. For longer-term traders, the setup is "high risk/high volatility" until the stock can stabilize and start reclaiming key moving-average levels.

TE ETF Exposure: Key Funds Holding T1 Energy

  • First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX): 0.77% Weight
  • First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC): 1.48% Weight
  • State Street SPDR S&P Kensho Clean Power ETF (NYSE:CNRG): 2.99% Weight

Significance: Because TE carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

T1 Energy Stock Price Movement Today

TE Stock Price Activity: T1 Energy shares were down 14.80% at $4.18 at the time of publication on Tuesday, according to Benzinga Pro data.

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