Northland Securities Weighs in on Tecogen Q1 Earnings

Tecogen Inc. (OTCMKTS:TGEN) – Equities researchers at Northland Securities issued their Q1 2026 EPS estimates for shares of Tecogen in a research note issued to investors on Thursday, April 2nd. Northland Securities analyst B. Brooks forecasts that the company will earn ($0.10) per share for the quarter. Northland Securities also issued estimates for Tecogen’s Q2 2026 earnings at ($0.09) EPS, Q3 2026 earnings at ($0.05) EPS, Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($0.29) EPS, Q1 2027 earnings at $0.00 EPS, Q2 2027 earnings at $0.01 EPS, Q3 2027 earnings at $0.02 EPS, Q4 2027 earnings at $0.08 EPS and FY2027 earnings at $0.11 EPS.

Tecogen Price Performance

Shares of OTCMKTS:TGEN opened at $2.62 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 1.53 and a debt-to-equity ratio of 0.03. Tecogen has a fifty-two week low of $1.82 and a fifty-two week high of $12.07. The firm has a 50-day simple moving average of $3.21 and a 200 day simple moving average of $5.66. The company has a market cap of $78.22 million, a PE ratio of -12.48 and a beta of 1.46.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TGEN. Geode Capital Management LLC bought a new position in Tecogen in the 2nd quarter worth about $971,000. Gamco Investors INC. ET AL bought a new position in Tecogen in the 2nd quarter worth about $286,000. Gendell Jeffrey L bought a new position in Tecogen in the 2nd quarter worth about $284,000. ARS Investment Partners LLC bought a new position in Tecogen in the 3rd quarter worth about $380,000. Finally, Harbor Capital Advisors Inc. bought a new position in Tecogen in the 3rd quarter worth about $242,000.

More Tecogen News

Here are the key news stories impacting Tecogen this week:

• Positive Sentiment: Northland projects a return to profitability in FY2027 with EPS of $0.11 and a modeled quarter‑by‑quarter improvement that reaches breakeven in Q1 2027 and modestly positive quarters thereafter — a multi‑quarter recovery path that could be viewed as bullish for longer‑term upside. Northland FY2027 Estimate
• Neutral Sentiment: Northland published detailed quarterly estimates for 2026–2027 (Q1 2026: -$0.10; Q2 2026: -$0.09; Q3 2026: -$0.05; Q4 2026: -$0.04; FY2026: -$0.29; Q1 2027: $0.00; Q2 2027: $0.01; Q3 2027: $0.02; Q4 2027: $0.08), giving investors a clear model to compare against company results and guide near‑term expectations. Quarterly Estimates
• Negative Sentiment: Near‑term outlook remains weak: Northland expects Tecogen to report a FY2026 loss of about $0.29 per share and several negative quarters in 2026, which supports cautious sentiment and could pressure the stock until evidence of revenue/earnings inflection appears. FY2026 Loss Forecast

About Tecogen

Tecogen Inc designs, manufactures and sells on‐site power generation and combined heat and power (CHP) systems for commercial, industrial and institutional markets. The company’s natural gas–fueled cogeneration units produce electricity while capturing and reusing waste heat for space and water heating, providing enhanced energy efficiency over traditional utility‐supplied electrical systems. Tecogen’s portfolio also includes ultra‐low NOx emission technologies, absorption chillers and ancillary equipment tailored to meet the specific demands of manufacturing facilities, hospitals, universities and other energy‐intensive customers.

Central to Tecogen’s product lineup is its InVerde e+ series of cogeneration modules, which integrate internally developed low‐emission combustion systems with advanced controls to optimize performance and reliability.