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TE · Semiconductors · Industrials

T1 Energy Inc.

$1.97−7.5%Close 11/12
Compare TE with another stock
Growing?
Yes: revenue up 88% on a year earlier (quarter ended Jun 2026).
Expensive?
Price-to-sales (P/S) 0.6×. Below the peer median of 3.5x. The market pays less per $1 of revenue than for peers.
Analysts?
67% of 9 say buy; average 12-month target $7.89, 300% above today's price.
Risky?
Much swingier than most large companies: its price swung 122% over the past year (the S&P 500's 14%), and it fell as much as 94% since Nov 2021.
Market cap$590M
Revenue (TTM)$997M
Net income (TTM)−$384M
P/E (trailing)—
52-week closing range$2 – $12
Dividend yieldNo dividend

T1 Energy Inc. (NYSE: TE) is a U.S. solar manufacturing company producing photovoltaic (PV) modules and developing upstream solar cell manufacturing to build a more integrated domestic supply chain.

More about T1 Energy

Revenue is primarily from solar module sales (contracted pricing/volume) and related commercial arrangements, with economics influenced by U.S. manufacturing incentives where applicable.

Market Position

T1 positions itself among the larger U.S. solar module manufacturers via its Texas manufacturing footprint and a strategy centered on increasing domestic content through vertical integration. Differentiators include U.S.-based capacity, supply-chain traceability/compliance, and a roadmap that includes TOPCon-class high-efficiency crystalline silicon architectures.

Key Segments

Current operations are anchored by solar module manufacturing (G1_Dallas), while solar cell manufacturing development (G2_Austin) represents the next major vertical-integration step; the company also evaluates portfolio optimization actions on certain non-core assets.

How has the stock done?

Over the past year TE fell 48.8%; the industrials ETF (XLI) rose 9.7% and the S&P 500 rose 10.8%.

TE −48.8%Industrials ETF (XLI) +9.7%Earnings released
How much it movesRisk
Biggest fall
−94%

From Oct 4, 2022 to Oct 9, 2024, the deepest drop from a high since Nov 2021

Volatility, past year
122%

How much the price swings in a year; the S&P 500's was 14%

Beta, past year
3.65

When the S&P 500 moves 1%, the stock has moved about 3.7% the same way

Show the earnings releases
ReleasedQuarterRevenueEPS vs estimateStock, day after5 days after
Aug 12, 2026ended Jun 2026$250M (+88% vs a year earlier)−$0.10 vs −$0.10 (in line)−12.4%−16.8%
May 12, 2026ended Mar 2026$178M (+232% vs a year earlier)−$0.10 vs −$0.14 (beat)−7.1%+13.9%
Mar 31, 2026ended Dec 2025$359M (+12087% vs a year earlier)−$0.43 vs $0.00 (missed)−20.3%−25.8%
Nov 14, 2025ended Sep 2025$211M—−8.9%−22.1%
Aug 20, 2025ended Jun 2025$133M—+1.4%+8.2%
May 15, 2025ended Mar 2025$53M—−23.9%−37.4%
Mar 17, 2025ended Dec 2024$2.9M—+8.6%+2.0%
Nov 6, 2024ended Sep 2024——+123.8%+100.0%
Aug 9, 2024ended Jun 2024——−10.2%−3.9%
May 8, 2024ended Mar 2024——+17.3%+19.6%
Feb 29, 2024ended Dec 2023——+3.0%0.0%
Nov 9, 2023ended Sep 2023——−55.2%−50.4%
Aug 10, 2023ended Jun 2023——0.0%−17.0%
May 15, 2023ended Mar 2023——−2.2%+2.4%
Feb 27, 2023ended Dec 2022——+9.9%+5.6%
Nov 14, 2022ended Sep 2022——+8.8%−2.2%
Aug 8, 2022ended Jun 2022——+1.2%+8.2%
May 11, 2022ended Mar 2022——−3.9%+12.9%
Feb 28, 2022ended Dec 2021——+1.2%−4.5%
Nov 15, 2021ended Sep 2021——+20.8%+11.9%

Change in closing price from the first day shown, or with Price the closing price itself. Prices: Yahoo Finance, to Nov 12, 2026. Dashed lines: the days the company released earnings (its SEC 8-K filings); EPS estimates: Yahoo Finance. The stock's move after a release runs from the last close before its day to the close the day after (or five days after), so a release before the open counts like one after the close.

Is the business growing?

Revenue was $250M in the quarter ended Jun 2026, up 88% from a year earlier.

Revenue by quarter
Change from the same quarter a year earlier
Show the data
Quarter endedRevenuevs a year earlier
Mar 2024$0—
Jun 2024$0—
Sep 2024$0—
Dec 2024$2.9M—
Mar 2025$53M—
Jun 2025$133M—
Sep 2025$211M—
Dec 2025$359M+12087%
Mar 2026$178M+232%
Jun 2026$250M+88%
Earnings per shareDiluted, GAAP
EPS, quarter ended Jun 2026
−$0.16

A year earlier −$0.21

EPS, last four quarters
−$1.97

Diluted, from SEC filings

Quarters: T1 Energy Inc.'s SEC filings, named by the month they end. Fiscal years: T1 Energy Inc.'s annual reports to the SEC; FY22: Yahoo Finance.

How it makes money

The company loses $48.7 for every $100 of revenue. Operating expenses exceed all of gross profit.

Where each $1 of revenue goesFiscal year ended 2025-12-31
Revenue
Total sales
$755M100%
Gross profit
Revenue minus direct costs
$56M7.4% of revenue
Cost of revenue
Direct cost of making or buying goods
$700M92.6% of revenue
Operating loss
Expenses above gross profit
−$239M−31.6% of revenue
Net loss
The bottom-line loss
−$368M−48.7% of revenue

Each margin is that line of the income statement divided by revenue. Fiscal year: T1 Energy Inc.'s annual reports to the SEC; FY22: Yahoo Finance, operating income as filed with the SEC where its quarters cover the year.

Customers and suppliers

In its latest annual report T1 Energy buys from Corning, Hemlock Semiconductor, Nextpower and 4 more; sells to RWE Investco EPC MGMT, Trina Group; one customer it does not name accounts for 78% of its revenue. Since then its 8-K filings name Evervolt as a supplier (Jul 28, 2026).

Along the supply chainTwo steps either way, as each company’s latest annual report names the others

Suppliers

TUS 5.0%
Corning GLW
Nextpower NXT
Evervolt
Hemlock Semiconductor
TCZ
Trina Group
TET1 Energy

Customers

Unnamed customer 78%
RWE Investco EPC MGMT
Trina Group
Largest customersShare of revenue by quarter, as each filing labels them

T1 Energy's 10-Q for the quarter to Mar 2026 gives one customer's share of its revenue: Customer One (100%).

Customer One 100%Fiscal year
Show the filings' numbers
PeriodCustomerShare of revenueFiling
Year ended Dec 2024Customer One100%10-K filed Mar 31, 2026
Quarter ended Mar 2025Customer One100%10-Q filed May 12, 2026
Year ended Dec 2025Customer One78%10-K filed Mar 31, 2026
Quarter ended Mar 2026Customer One100%10-Q filed May 12, 2026

From T1 Energy Inc.'s 10-Q and 10-K filings (XBRL): each customer whose share of revenue a filing tags, under the filing's own label, so “Customer A” in one filing can be another company in the next; a later filing's figures for a period replace an earlier one's. Rings are fiscal years: a 10-K gives the year, not its fourth quarter.

Partners

Encompassinvested in T1 Energy · Purchases common and preferred equity5.0 million Series B-1 preferred shares for $50.0 million; October 31, 2025
TalonT1 Energy invested in it · Future equity investment through SAFE$5.0 million invested in October 2025
Trina Solar (Schweiz)invested in T1 Energy · Equity ownership under commercial cooperation agreement3,000,000 common shares issued December 29, 2025
Stellar Hann Investmentinvested in T1 Energy · Holds warrants under warrant agreement
Treaty OakEstablish an American solar supply chain
TUSSolar module sales agency
Teknovekst Invest ASCooperation agreement
Vanir Invest Holding ASCooperation agreement
Teknovekst ASCooperation agreement

Changes since the previous annual report (10-K filed Mar 31, 2025)

Corning GLWNamed for the first time, as a supplier
EvervoltNamed for the first time, as a supplier
Hemlock SemiconductorNamed for the first time, as a supplier
Nextpower NXTNamed for the first time, as a supplier
RWE Investco EPC MGMTNamed for the first time, as a customer
Stellar Hann InvestmentNamed for the first time, as a partner
TalonNamed for the first time, as a partner$5.0 million invested in October 2025
Treaty OakNamed for the first time, as a partner
Metier OECNo longer named (was a supplier)
Nidec JVNo longer named (was a partner)
NidecNo longer named (was a partner)
Trinaway Investment SecondNo longer named (was a partner)
TCZNo longer a partner, still a supplier
Show the filing's words
CompanyRoleIn the filing's words
Corningsupplier“Our efforts to build a domestic supply chain, including domestic cells to be produced at our G2_Austin facility, domestic polysilicon from Hemlock Semiconductor, domestic wafers from Corning, and domestic steel frames from Nextpower are expected to further bolster our ongoing material assistance compliance efforts.”
Hemlock Semiconductorsupplier“Our efforts to build a domestic supply chain, including domestic cells to be produced at our G2_Austin facility, domestic polysilicon from Hemlock Semiconductor, domestic wafers from Corning, and domestic steel frames from Nextpower are expected to further bolster our ongoing material assistance compliance efforts.”
Nextpowersupplier“Our efforts to build a domestic supply chain, including domestic cells to be produced at our G2_Austin facility, domestic polysilicon from Hemlock Semiconductor, domestic wafers from Corning, and domestic steel frames from Nextpower are expected to further bolster our ongoing material assistance compliance efforts.”
Treaty Oakpartner“T1 is focused on establishing an end-to-end American polysilicon solar supply chain, and we are executing that vision by partnering with great American companies, including Corning, Hemlock Semiconductor, Nextpower, Treaty Oak and others.”
Evervoltsupplier“In connection with the IP Assignment, Evervolt and the Company entered into an amendment to the IP License Agreement, dated as of December 29, 2025 (the “First Amendment to the IP License Agreement” and the IP License Agreement, as amended by the First Amendment to the IP License Agreement, the “Amended IP License Agreement”).”
TUSsupplier“In return for their services, we will pay TUS an annual fee that is 5% of combined adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of G1_Dallas or the combined adjusted EBITDA of G1_Dallas and T1 G2 Austin Solar Cell LLC (f/k/a Trina Solar US Manufacturing Cell 1, LLC) (“G2_Austin”), as applicable, for the relevant year.”
TUSpartner · distribution deal with it“On December 29, 2025, the Company, G1_Dallas, TUS, Trina Solar Energy Development PTE. Ltd., Trina Solar (Viet Nam) Wafer Company Limited and TCZ, entered into a letter agreement (the “Non-IP Commercial Agreements Letter Agreement”), pursuant to which, the parties amended the terms of certain agreements by and among the Company, G1_Dallas, TUS and other affiliates of Trina, including, among others, the Module Operational Support Agreement and the Sales Agency Agreement (collectively, the “Commercial Agreements”).”
TCZsupplier“Under this agreement, TCZ provides product warranty for the PV solar modules sold that are branded with the Trina trademark (the “Covered Product”). TCZ also offers support services to customers in the U.S. who buy the Covered Product.”
One customer (unnamed)customer“For the year ended December 31, 2025, one customer accounted for 78% of our total net sales.”
RWE Investco EPC MGMTcustomer“RWE Investco EPC MGMT, LLC filed an action, dated December 19, 2025 and served January 7, 2026, against a subsidiary of the Company and TUS, in the Superior Court of the State of California for the County of San Francisco (the “Lawsuit”) alleging breach of contract claims relating to a long-term offtake agreement.”
Trina Solar (Schweiz)partner · invested in T1 Energy“In consideration for the satisfaction, discharge and termination of the Trina Solar AG Note in full and the partial discharge of the Production Reservation Fee pursuant to the Payoff Letter, we (i) made a cash payment of $274.0 million to Trina Solar (Schweiz) AG and TUS and (ii) issued 3,000,000 shares of our common stock to Trina Solar (Schweiz) AG.”
Talonpartner · T1 Energy invested in it“On October 10, 2025, we entered into a Simple Agreement for Future Equity (the “SAFE”) with Talon PV, LLC. Pursuant to the SAFE, and we invested $5.0 million (the “Purchase Amount”) in exchange for the right to certain shares of Talon’s Capital Stock.”
Encompasspartner · invested in T1 Energy“In addition, under the Encompass Stock Purchase Agreement, Encompass purchased 5.0 million shares of the Company’s Series B-1 Convertible Non-Voting Preferred Stock, par value $0.01 per share (the “Series B-1 Preferred Stock”), at a price of $10.00 per share of Series B-1 Preferred Stock and a maturity date of December 23, 2027, for aggregate gross proceeds to the Company of $50.0 million....The closing of the transactions occurred on October 31, 2025.”
Trina Groupcustomer“Module sales of $632.2 million and $2.9 million to the Trina Group are presented as net sales - related party for the years ended December 31, 2025 and 2024, respectively.”
Trina Groupsupplier“The Company has agreements with the Trina Group to supply certain materials and components used in our solar module production, provide operational support and sales agency and aftermarket services. Total purchases from Trina Group under the supply agreements were $474.0 million for the year ended December 31, 2025.”
Stellar Hann Investmentpartner · invested in T1 Energy“Warrant Agreement, dated as of September 10, 2025, by and between T1 Energy Inc. and Stellar Hann Investment Ltd. (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K filed with the SEC on September 11, 2025).”
Teknovekst Invest ASpartner“Cooperation Agreement, dated as of April 18, 2024, by and among Teknovekst Invest AS, Vanir Invest Holding AS, Teknovekst AS, and Tore Ivar Slettemoen, and T1 Energy Inc. (formerly known as FREYR Battery, Inc.), a Delaware corporation (incorporated by reference to Exhibit 10.1 of FREYR Battery’s Current Report on Form 8-K filed with the SEC on April 18, 2024).”
Vanir Invest Holding ASpartner“Cooperation Agreement, dated as of April 18, 2024, by and among Teknovekst Invest AS, Vanir Invest Holding AS, Teknovekst AS, and Tore Ivar Slettemoen, and T1 Energy Inc. (formerly known as FREYR Battery, Inc.), a Delaware corporation (incorporated by reference to Exhibit 10.1 of FREYR Battery’s Current Report on Form 8-K filed with the SEC on April 18, 2024).”
Teknovekst ASpartner“Cooperation Agreement, dated as of April 18, 2024, by and among Teknovekst Invest AS, Vanir Invest Holding AS, Teknovekst AS, and Tore Ivar Slettemoen, and T1 Energy Inc. (formerly known as FREYR Battery, Inc.), a Delaware corporation (incorporated by reference to Exhibit 10.1 of FREYR Battery’s Current Report on Form 8-K filed with the SEC on April 18, 2024).”
Evervolt (8-K filed Jul 28, 2026)supplier“On July 28, 2026 (the “Effective Date”), T1 Energy Inc. (the “Company”) purchased from Evervolt Green Energy Holding Pte, Ltd., a private company limited by shares organized under the laws of Singapore (the “Seller”), all of the Seller’s right, title and interest in and to certain intellectual property and proprietary rights (the “Acquired IP”), and related rights, and certain other assets (together, the “Purchased Assets”) pursuant to an intellectual property purchase agreement (the “IP Purchase Agreement”), dated the Effective Date, between the Company and the Seller, and with respect to the termination of the Existing Licenses (as defined below and in the IP Purchase Agreement), T1 G1 Dallas Solar Module LLC (“G1”)....The aggregate purchase price for the Purchased Assets is US$133,000,000 (the “Purchase Price”), which is in addition to a US$2,000,000 option premium previously paid by the Company in consideration for the grant of the call option.”

Only the companies T1 Energy names in its 10-K filed Mar 31, 2026 (SEC) and in the 8-Ks it filed since, each with its date. The supply chain joins the latest annual reports of the companies on it and the 8-Ks they filed since: a link shows when either side's report names the other, so it grows as more reports are read. Hover a name for the filing's own words. Customers it does not name are listed as the filing describes them.

Is it expensive?

Currently unprofitable, so P/E does not apply, so we look at price-to-sales instead: 0.6x, below the peer median of 3.5x. Revenue is up 88% from a year ago.

0.6×Price-to-sales (P/S)

Below the peer median of 3.5x. The market pays less per $1 of revenue than for peers.

Vs. peersPrice-to-sales (x)
TEPeersPeer median 3.5x
Show the data
CompanyPrice-to-sales (P/S)
BE · Bloom Energy Corporation15.6×
VRT · Vertiv Holdings Co6.2×
NVT · nVent Electric plc3.5×
HUBB · Hubbell Incorporated3.5×
AYI · Acuity Inc.2.1×
TE · T1 Energy Inc.0.6×

T1 Energy Inc. is currently unprofitable, so P/E does not apply. We use price-to-sales instead: market cap as a multiple of revenue.

What analysts expect

The average analyst price target is $7.89, 300% above the current price; 67% of 9 analysts rate it a buy; earnings beat estimates in 1 of the last 4 quarters.

12-month price targetsCurrent price $1.97
12 mo agoTodayIn 12 mo
High target
$11.00+458%
Average target
$7.89+300%
Low target
$5.00+154%
Ratings9 analysts
Strong Buy 1Buy 5Hold 3Sell 0Strong Sell 0

Buy or Strong Buy: 6 analysts (67%). Sell or Strong Sell: 0.

Targets and ratings over the past year12 changes by 8 firms

Over the past year the average of the analysts' latest price targets went from $6.67 to $9.00 (+35%), while TE went from $3.14 to $1.97 (−37%). In the past three months targets were cut once and never raised. No firm upgraded or downgraded it over the year.

Average target $9.00TEMiddle half of targets
Targets raised, by monthTargets cut
Show every change
DateFirmChangeRatingTarget
Oct 23, 2026NeedhamTarget cutBuy$6.00, was $7.00
Sep 14, 2026JP MorganBegan coverageNeutral$5.00
Aug 12, 2026BTIGTarget raisedBuy$9.00, was $8.00
Jul 28, 2026NeedhamTarget cutBuy$7.00, was $8.00
Jun 17, 2026BernsteinBegan coverageMarket Perform$9.00
Jun 3, 2026Northland Capital MarketsBegan coverageOutperform$16.00
May 12, 2026NeedhamTarget keptBuy$8.00
May 12, 2026BTIGTarget raisedBuy$8.00, was $7.00
Apr 2, 2026NeedhamTarget cutBuy$8.00, was $10.00
Dec 9, 2025Alliance Global PartnersBegan coverageBuy$8.50
Dec 2, 2025Johnson RiceBegan coverageBuy$8.00
Nov 24, 2025Roth CapitalBegan coverageBuy$7.00
Earnings against estimatesLast 4 quarters, per share
Average estimateReported, beatReported, missedReported, in line
Show the data
QuarterEstimateReportedSurprise
Dec ’25$0.00−$0.43—
Mar ’26−$0.14−$0.10+28.6%
Jun ’26−$0.10−$0.100.0%
Sep ’26−$0.12−$0.20−66.7%

The day after each of these reports the stock moved −20.3% (Dec 2025, missed); −7.1% (Mar 2026, beat); −12.4% (Jun 2026, in line).

Expected nextConsensus of Nov 13, 2026

For the quarter ending Dec 2026, analysts expect an adjusted loss of $0.08 a share, against a loss of $0.43 a year earlier, and revenue of $330M, down 8% on a year earlier. For the fiscal year ending Dec 2027, they expect revenue of $1.4B, up 48% on the year before's estimate.

EPS, quarter ending Dec 2026
−$0.08

Adjusted. Dec 2025: a loss of $0.43; range −$0.10 to −$0.05; 4 analysts

Revenue, quarter ending Dec 2026
$330M−8% on a year earlier

Dec 2025: $359M; range $277M to $453M; 7 analysts

Revenue, year ending Dec 2027
$1.4B+48% on the year before's estimate

The year to Dec 2026: $921M expected; range $1.2B to $1.6B; 8 analysts

Show the data
PeriodFigureExpectedLow to highAnalystsA year earlierChange
Quarter ending Dec 2026EPS (adjusted)−$0.08−$0.10 to −$0.054−$0.43 (Dec 2025)—
Quarter ending Dec 2026Revenue$330M$277M to $453M7$359M (Dec 2025)−8%
Quarter ending Mar 2027EPS (adjusted)−$0.06−$0.10 to −$0.014−$0.10 (Mar 2026)—
Quarter ending Mar 2027Revenue$262M$229M to $306M7$178M (Mar 2026)+47%
Year ending Dec 2026Revenue$921M$921M to $921M1$755M (year to Dec 2025)+22%
Year ending Dec 2027Revenue$1.4B$1.2B to $1.6B8$921M (expected, year to Dec 2026)+48%

Targets, ratings and earnings estimates: Yahoo Finance. Rating and target changes: Yahoo Finance's list of upgrades and downgrades. The average target on each day is the average of every listed firm's latest target set in the 180 days before it, so it counts fewer analysts than the average target above, and the band is the middle half of those targets (a quarter of the firms are above it, a quarter below); a target set before a stock split is divided by the split. Expected figures: the average of the analysts' estimates (Yahoo Finance). Their EPS is adjusted, as analysts estimate it, so it is set against the adjusted EPS Yahoo reports for the same quarters, not the GAAP EPS of the growth and valuation sections; revenue against the SEC filings. No change is given against a quarter whose reported EPS was more than 50% off its own estimate (often a one-off gain or charge), nor against a year that counts one. Each estimate is pinned to its fiscal period by the report date or the period's end, and one that cannot be is left out.

Where the cash goes

Capex of $189M exceeds operating cash flow of $4M, leaving free cash flow of −$185M. The gap has to be covered with cash on hand or borrowing.

Where a year of cash went4 quarters to Jun 2026
Show the data
LineAmount
Op. cash flow$4M
Capex−$189M
Free cash flow−$185M
Dividends—
Buybacks—
Cash retained−$185M
Free cash flow yield
−31.4%

Free cash flow is negative, so the company is burning cash.

Dividend yield
No dividend

No dividend today; cash goes to growth and share buybacks.

By quarter: free cash flow and what went back to shareholdersLast 12 quarters
Free cash flowDividendsBuybacks
Show the data
Quarter endedFree cash flowDividendsBuybacks
Sep 2023−$60M—$0
Dec 2023−$53M——
Mar 2024−$38M——
Jun 2024−$36M——
Sep 2024−$34M——
Dec 2024−$46M——
Mar 2025−$74M——
Jun 2025$11M——
Sep 2025$55M——
Dec 2025$25M——
Mar 2026−$134M——
Jun 2026−$131M——
Diluted sharesUp 79.6% in a year

T1 Energy had 280M diluted shares in the quarter ended Jun 2026, 79.6% more than a year earlier, and 22.1% more each year on average since Sep 2021.

Show the data
Quarter endedDiluted shares
Sep 2021109M
Mar 2022117M
Jun 2022119M
Sep 2022117M
Mar 2023140M
Jun 2023140M
Sep 2023140M
Mar 2024140M
Jun 2024140M
Sep 2024140M
Mar 2025156M
Jun 2025156M
Sep 2025161M
Mar 2026285M
Jun 2026280M

Free cash flow: operating cash flow minus capital spending on property, plant and equipment, from SEC filings, for the last 4 quarters and by quarter. Shares: each quarter's diluted weighted average as filed with the SEC, since the stock's listing and its latest split.

Financial health

Current ratio 1.4, short-term debt is manageable; debt-to-equity 1.2, debt is moderate.

Current ratio
1.4Fair liquidity

Assets that can be turned into cash soon are 1.4x what is owed within a year. 1.5 or higher is comfortable; below 1 needs watching.

Debt-to-equity
1.2Moderate debt

For every $1 of shareholder funds, there is $1.2 of debt (leases not counted). The higher the number, the more pressure when the economy weakens.

Net debt
$208MMore debt than cash

Cash and short-term investments of $182M against debt of $390M. Lease obligations of $158M are not counted: they are rent owed, not money borrowed.

AssetsTotal ~$1.4B
Cash
$180M13.3%
Receivables
$80M6.2%
Inventory
$120M8.5%
Property & equipment
$450M33.0%
Goodwill
$60M4.2%
Intangibles
$180M13.2%
Other
$300M21.6%
Liabilities & equityTotal ~$1.4B
Current
$460M33.8%
Long-term
$590M42.8%
Equity
$320M23.4%

Latest fiscal year balance sheet. Source: Yahoo Finance.

Who holds it

In the filings of 2 funds whose copy leaves TE out (on the exchange, not in the app yet): Swiss National Bank, Canada Pension Plan Investment Board.

What did the funds Hunch tracks do?

Of the 83 funds whose 13F filings Hunch reads, 5 held TE at the end of their latest quarter (for most, Q2 2026). Over that quarter 1 added shares, 3 cut, 1 bought new and 3 sold all. The largest of them is Situational Awareness, 4.90M shares worth $46.5M at Jun 30, 2026, 51.0% fewer than a quarter earlier.

Funds that added shares
2

1 of them new holders

Funds that cut
6

3 of them sold all

Each fund's change in sharesChange in shares over the latest quarter
Added or newCut or sold all
Show every fund
FundQuarterSharesValueChange in sharesChangeFiled
Situational AwarenessQ2 20264.90M$46.5M−5.10M−51%Aug 14, 2026
Renaissance TechnologiesQ3 2026786,344$3.0M−3.43M−81%Nov 12, 2026
Tudor Investment Corp Et AlQ2 20260—−675,383Sold allAug 14, 2026
Mirae Asset Global InvestmentsQ3 20260—−175,000Sold allNov 3, 2026
Swiss National BankQ3 2026409,100$1.6M+59,200+17%Nov 12, 2026
Soros Fund ManagementQ2 202645,982$436K−42,375−48%Aug 14, 2026
Canada Pension Plan Investment BoardQ2 202614,200$135K+14,200NewAug 14, 2026
Nomura HoldingsQ2 20260—−21,966Sold allAug 14, 2026

From the 13F filings of the 83 funds Hunch tracks, not of every institution: each fund's shares of TE at its latest quarter end against the quarter before, as filed (long positions only, options left out), the quarter before put on the latest quarter's share count across a split. A fund files 45 days after its quarter ends, so some have a newer quarter than others. Value is at the quarter end.

Are insiders buying or selling?

No officer or director bought or sold TE on the open market in the 12 months to Nov 12, 2026.

Sold
None

0 sales

Bought
None

0 purchases

From the Form 4s filed with the SEC about T1 Energy Inc. (41 in the 12 months): purchases (code P) and sales (code S) on the open market by its officers and directors, at the price each filing gives (often an average of the day's trades). A sale is a 10b5-1 sale when its filing says it was made under such a plan, set up in advance. Not counted: 33 other transactions (grants, option exercises, shares withheld for tax and other transfers). Also not counted: 5 trades by holders of more than 10% who are neither officers nor directors.