Northland Securities lowered its third-quarter 2026 earnings per share estimate for T1 Energy Inc. The research firm now expects the utilities provider to post a loss of $0.16 per share. This revision doubles the previous forecast of an $0.08 loss per share.
Northland Securities maintained its Outperform rating on the stock despite the lowered forecast. The firm also kept its $16.00 price target unchanged.
The revision follows an updated outlook on company profitability after the latest quarterly earnings report. Analysts cite potential short-term headwinds as the primary driver for the adjusted estimates.