Tigo Energy (NASDAQ:TYGO) Price Target Raised to $6.00

Tigo Energy (NASDAQ:TYGO) had its price objective lifted by HC Wainwright from $3.00 to $6.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the stock. HC Wainwright also issued estimates for Tigo Energy’s Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.29) EPS, FY2026 earnings at ($0.05) EPS, FY2027 earnings at $0.04 EPS, FY2028 earnings at $0.12 EPS and FY2029 earnings at $0.21 EPS.

Tigo Energy Price Performance

Shares of TYGO opened at $1.31 on Wednesday. Tigo Energy has a 12 month low of $0.58 and a 12 month high of $1.80. The stock has a fifty day moving average price of $1.24 and a 200 day moving average price of $1.02. The company has a market cap of $81.25 million, a P/E ratio of -1.56 and a beta of 0.99.

Tigo Energy (NASDAQ:TYGO) last announced its quarterly earnings results on Tuesday, July 29th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.02. The company had revenue of $24.06 million during the quarter, compared to the consensus estimate of $21.48 million. Tigo Energy had a negative net margin of 69.01% and a negative return on equity of 337.61%. As a group, research analysts anticipate that Tigo Energy will post -0.43 earnings per share for the current year.

Tigo Energy Company Profile

Tigo Energy, Inc provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities.