Northland Securities Forecasts Tigo Energy FY2027 Earnings

Tigo Energy, Inc. (NASDAQ:TYGO) – Stock analysts at Northland Securities issued their FY2027 earnings estimates for shares of Tigo Energy in a research note issued to investors on Wednesday, February 25th. Northland Securities analyst G. Richard anticipates that the company will post earnings of $0.17 per share for the year. The consensus estimate for Tigo Energy’s current full-year earnings is ($0.43) per share.

Tigo Energy (NASDAQ:TYGO) last issued its earnings results on Tuesday, February 24th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.20. Tigo Energy had a negative net margin of 1.82% and a negative return on equity of 263.41%. The business had revenue of $30.03 million for the quarter, compared to the consensus estimate of $30.02 million.

Tigo Energy Stock Up 6.3%

NASDAQ TYGO opened at $4.25 on Thursday. The stock has a market capitalization of $298.99 million, a P/E ratio of -84.98 and a beta of 1.23. Tigo Energy has a 52-week low of $0.58 and a 52-week high of $4.50. The firm has a 50-day moving average price of $2.70 and a 200 day moving average price of $2.18.

Institutional Investors Weigh In On Tigo Energy

Several institutional investors have recently made changes to their positions in TYGO. JPMorgan Chase & Co. acquired a new position in shares of Tigo Energy during the 3rd quarter worth $31,000. Scientech Research LLC purchased a new stake in Tigo Energy during the third quarter worth about $33,000. Virtu Financial LLC acquired a new position in Tigo Energy during the third quarter worth about $34,000. Potomac Capital Management Inc. acquired a new position in Tigo Energy during the fourth quarter worth about $38,000. Finally, Centiva Capital LP purchased a new position in Tigo Energy in the third quarter valued at about $59,000. 15.72% of the stock is currently owned by hedge funds and other institutional investors.

Tigo Energy Company Profile

Tigo Energy, Inc (NASDAQ: TYGO) is a U.S.-based provider of module-level power electronics (MLPE) solutions designed to optimize the performance and safety of solar photovoltaic systems. Founded in 2007 and headquartered in Campbell, California, Tigo Energy develops hardware and software tools that enhance energy yield, improve system reliability, and streamline compliance with electrical codes. The company’s technology platform is used by solar installers, project developers, and module manufacturers to deliver higher returns on investment and bolster the safety profile of PV arrays.

At the core of Tigo’s offerings is its TS4 platform, a modular MLPE solution that enables real-time monitoring, rapid shutdown functionality, and maximum power point tracking at the panel level.