Tigo Energy, Inc. (NASDAQ:TYGO) Short Interest Update

Tigo Energy, Inc. (NASDAQ:TYGO) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 252,600 shares, a growth of 37.4% from the August 15th total of 183,800 shares. Based on an average trading volume of 936,100 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.8% of the company’s shares are short sold. Approximately 0.8% of the company’s shares are short sold. Based on an average trading volume of 936,100 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

Several equities research analysts have issued reports on TYGO shares. Wall Street Zen upgraded Tigo Energy to a “hold” rating in a report on Saturday. Roth Capital upgraded Tigo Energy from a “neutral” rating to a “buy” rating and set a $3.00 price target for the company in a report on Thursday, July 31st. Finally, HC Wainwright upped their price objective on Tigo Energy from $3.00 to $6.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $4.50.

Tigo Energy Stock Performance

Tigo Energy stock opened at $1.62 on Tuesday. Tigo Energy has a 52 week low of $0.58 and a 52 week high of $1.80. The stock has a market capitalization of $106.50 million, a P/E ratio of -1.93 and a beta of 1.00. The stock has a fifty day moving average of $1.36 and a 200-day moving average of $1.10.

Tigo Energy (NASDAQ:TYGO) last posted its quarterly earnings results 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 434.06% and a negative net margin of 69.01%.The company had revenue of $24.06 million during the quarter, compared to analysts’ expectations of $21.48 million. Tigo Energy has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Tigo Energy will post -0.43 earnings per share for the current year.

About Tigo Energy

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.