T1 Energy Inc. (NYSE:TE) is one of the best energy storage stocks to buy according to hedge funds. On March 31, BTIG analyst Gregory Lewis reiterated a Buy rating on T1 Energy Inc. (NYSE:TE) with a $7 price target. The decision came after T1 Energy shared its Q4 FY2025 earnings.
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Lewis noted that T1 Energy’s Q4 earnings sent its stock down 15% in the week during which it shared the report. The trigger of the selloff, noted Lewis, was a quarterly EBITDA loss of roughly $51 million, which outweighed the $12 million recorded in Q4 FY2024.
On why he reaffirmed his stance on the stock despite the disappointing earnings, Lewis said the losses were not a sign that the business is breaking down. Instead, they were largely the result of one-time costs tied to achieving Foreign Entity of Concern (FEOC) compliance under the One Big Beautiful Bill Act. This is a requirement companies must meet to qualify for IRA solar tax credits. To be compliant, T1 Energy made three costly but deliberate moves during the quarter: it transferred Trina Solar intellectual property to a Singaporean distributor, purchased certified non-FEOC solar cells to cover part of its 2026 module production, and paid down Trina-linked debt through new capital raises, the analyst noted.
The analyst also acknowledged that tariff uncertainty may weigh on interim merchant sales during the construction phase of T1 Energy’s flagship G2 Austin manufacturing facility. Though the analyst is aware that the company is working toward an April close for the remaining $350 million in Phase 1 funding for that project.
T1 Energy Inc. (NYSE:TE) is a renewable energy manufacturing company that provides solar modules and energy storage supply chain solutions. It develops and sales battery energy storage systems designed for utility-scale, commercial, and industrial applications. Its storage business utilizes advanced cell architectures, such as SemiSolid technology, intended to improve the safety and density of long-duration storage products.
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