Tigo Energy (NASDAQ:TYGO) Stock Rating Upgraded by Roth Capital

Tigo Energy (NASDAQ:TYGOGet Free Report) was upgraded by analysts at Roth Capital from a “neutral” rating to a “buy” rating in a report released on Thursday, Marketbeat Ratings reports. The brokerage presently has a $3.00 target price on the stock. Roth Capital’s price target would suggest a potential upside of 129.01% from the stock’s previous close. Roth Capital also issued estimates for Tigo Energy’s Q1 2027 earnings at ($0.07) EPS and Q2 2027 earnings at ($0.04) EPS.

Separately, HC Wainwright lifted their price target on shares of Tigo Energy from $3.00 to $6.00 and gave the stock a “buy” rating in a report on Wednesday.

View Our Latest Stock Analysis on TYGO

Tigo Energy Stock Performance

Tigo Energy stock opened at $1.31 on Thursday. Tigo Energy has a fifty-two week low of $0.58 and a fifty-two week high of $1.80. The company has a market capitalization of $81.25 million, a price-to-earnings ratio of -1.56 and a beta of 0.99. The stock has a fifty day moving average of $1.24 and a two-hundred day moving average of $1.02.

Tigo Energy (NASDAQ:TYGOGet Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported ($0.07) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.02. Tigo Energy had a negative return on equity of 337.61% and a negative net margin of 69.01%. The firm had revenue of $24.06 million during the quarter, compared to analysts’ expectations of $21.48 million. On average, analysts forecast that Tigo Energy will post -0.43 EPS for the current fiscal year.

Tigo Energy Company Profile

(Get Free Report)

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.

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