Tigo Energy (NASDAQ:TYGO – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.04, FiscalAI reports. Tigo Energy had a negative return on equity of 1.74% and a net margin of 8.97%. The company had revenue of $24.04 million for the quarter, compared to analysts’ expectations of $25.33 million.
Tigo Energy Price Performance
TYGO stock traded up $0.08 during trading hours on Wednesday, hitting $1.00. 1,181,720 shares of the stock traded hands, compared to its average volume of 921,811. The stock has a 50-day simple moving average of $0.95 and a 200 day simple moving average of $2.60. The company has a market cap of $75.66 million, a P/E ratio of 7.12 and a beta of 1.32. Tigo Energy has a one year low of $0.79 and a one year high of $5.33. The company has a current ratio of 3.04, a quick ratio of 1.90 and a debt-to-equity ratio of 0.09.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the company. HC Wainwright decreased their price target on Tigo Energy from $6.00 to $3.50 and set a “buy” rating for the company in a research note on Wednesday, August 5th. Roth Capital lowered shares of Tigo Energy from a “buy” rating to a “neutral” rating and set a $1.30 price target for the company. in a research note on Wednesday, August 12th. Weiss Ratings cut shares of Tigo Energy from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 9th. Finally, Wall Street Zen lowered shares of Tigo Energy from a “hold” rating to a “sell” rating in a research note on Sunday, October 4th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Tigo Energy has a consensus rating of “Hold” and a consensus target price of $3.73.
Read Our Latest Research Report on TYGO
More Tigo Energy News
Here are the key news stories impacting Tigo Energy this week:
- Positive Sentiment: Tigo reported EPS of $0.02, topping the consensus estimate of a $0.02 loss. Tigo Energy Reports Third Quarter 2026 Financial Results
- Neutral Sentiment: The company also announced fourth-quarter guidance and updated its 2026 outlook, though the provided report does not specify the figures. Investors may look to those details for clues about demand and the earnings trajectory. Tigo Energy Reports Third Quarter 2026 Financial Results
- Negative Sentiment: Revenue was $24.0 million, below analysts’ $25.33 million estimate and down 21.5% year over year. The sales shortfall and decline may temper the positive signal from the EPS beat. Tigo Energy Reports Third Quarter 2026 Financial Results
- Negative Sentiment: Several law firms publicized a securities class action concerning investors who bought shares between February 24 and August 4, 2026. The complaint alleges Tigo misled investors; the allegations are not established facts. The lead-plaintiff deadline is November 23, 2026. The litigation may add uncertainty and reputational risk. Class action announcement
About Tigo Energy
Tigo Energy, Inc (NASDAQ: TYGO) develops smart solar and energy-storage solutions for residential, commercial, and utility-scale installations. Its products are designed to improve the safety, monitoring, optimization, and overall performance of photovoltaic systems.
The company’s product portfolio includes module-level power electronics, rapid-shutdown devices, communication and monitoring equipment, and software platforms. Its TS4 product line provides functions such as module-level optimization, system monitoring, and enhanced safety, while its Energy Intelligence offering supports solar-plus-storage applications and energy management.
Founded in 2007, Tigo Energy serves solar equipment manufacturers, distributors, installers, and system owners in markets around the world.
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