HC Wainwright Has Weak Forecast for Tigo Energy Q3 Earnings

Tigo Energy, Inc. (NASDAQ:TYGO) – Equities researchers at HC Wainwright cut their Q3 2026 EPS estimates for shares of Tigo Energy in a report released on Wednesday, August 5th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings per share of ($0.03) for the quarter, down from their previous estimate of $0.02. HC Wainwright has a “Buy” rating and a $3.50 price target on the stock. The consensus estimate for Tigo Energy’s current full-year earnings is $0.02 per share. HC Wainwright also issued estimates for Tigo Energy’s Q4 2026 earnings at ($0.02) EPS, FY2026 earnings at ($0.06) EPS, FY2027 earnings at ($0.14) EPS, FY2028 earnings at $0.02 EPS, FY2029 earnings at $0.17 EPS and FY2030 earnings at $0.30 EPS.

Tigo Energy (NASDAQ:TYGO) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. Tigo Energy had a negative return on equity of 1.74% and a net margin of 8.97%.The company had revenue of $25.41 million for the quarter, compared to analysts’ expectations of $30.82 million.

Other equities analysts have also issued research reports about the company. Wall Street Zen lowered Tigo Energy from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings raised Tigo Energy from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 20th. Northland Securities set a $6.40 price target on shares of Tigo Energy in a research note on Thursday, May 7th. Finally, Roth Capital reissued a “buy” rating and set a $7.00 price target on shares of Tigo Energy in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $5.63.

Tigo Energy Trading Down 0.8%

Shares of NASDAQ TYGO opened at $1.28 on Friday. The company has a current ratio of 3.04, a quick ratio of 1.35 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $97.16 million, a PE ratio of 9.14 and a beta of 1.32. Tigo Energy has a twelve month low of $0.93 and a twelve month high of $5.33. The stock has a fifty day simple moving average of $2.34 and a 200-day simple moving average of $3.33.

Institutional Investors Weigh In On Tigo Energy

Hedge funds have recently bought and sold shares of the stock. AIGH Capital Management LLC acquired a new stake in Tigo Energy in the first quarter valued at approximately $27,374,000. Potomac Capital Management Inc. acquired a new position in Tigo Energy during the 4th quarter worth approximately $38,000. JPMorgan Chase & Co. acquired a new position in Tigo Energy during the 3rd quarter worth approximately $31,000. GSA Capital Partners LLP acquired a new position in Tigo Energy during the 2nd quarter worth approximately $483,000. Finally, Bank of America Corp DE increased its position in shares of Tigo Energy by 24.4% in the 1st quarter. Bank of America Corp DE now owns 471,036 shares of the company’s stock valued at $1,771,000 after purchasing an additional 92,412 shares during the last quarter. Institutional investors and hedge funds own 15.72% of the company’s stock.

Insider Buying and Selling

In related news, CEO Zvi Alon sold 72,057 shares of Tigo Energy stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $3.42, for a total value of $246,434.94. Following the completion of the transaction, the chief executive officer directly owned 1,239,316 shares in the company, valued at approximately $4,238,460.72. This trade represents a 5.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Sagit Manor sold 63,500 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $2.85, for a total value of $180,975.00. Following the transaction, the director directly owned 323,098 shares of the company’s stock, valued at $920,829.30. The trade was a 16.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 463,444 shares of company stock worth $1,631,333 over the last ninety days. Insiders own 26.60% of the company’s stock.

Key Headlines Impacting Tigo Energy

Here are the key news stories impacting Tigo Energy this week:

• Positive Sentiment: Tigo Energy projects 2026 revenue of approximately $100 million to $110 million. Management expects the EG4 business ramp to accelerate in the fourth quarter, which could concentrate growth later in the year. Tigo Energy projects $100M to $110M 2026 revenue as EG4 ramp shifts to Q4
• Positive Sentiment: HC Wainwright maintained a “buy” rating on Tigo Energy, implying substantial upside from recent trading levels despite reducing its price target to $3.50 from $6.00. Benzinga coverage
• Neutral Sentiment: A report highlighted conflicting analyst sentiment toward Tigo Energy, suggesting that expectations remain divided and investor conviction is limited. Analysts Have Conflicting Sentiments on These Technology Companies
• Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $0.04 from $0.10 and cut forecasts for multiple quarters. Estimates now include zero EPS for Q3 2026, $0.01 for Q4 2026, a $0.01 loss for Q1 2027, and reduced Q2 and Q3 2027 forecasts. These revisions point to slower-than-expected earnings growth and are likely the main reason the stock has decreased.
• Negative Sentiment: Although Tigo Energy recently exceeded quarterly EPS expectations, its revenue of $25.41 million was below the $30.82 million consensus estimate, reinforcing concerns about near-term sales execution and the timing of the EG4 ramp.

About Tigo Energy

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.