Tigo Energy (NASDAQ:TYGO – Get Free Report) issued its earnings results on Wednesday. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.04, FiscalAI reports. Tigo Energy had a net margin of 8.97% and a negative return on equity of 1.74%. The company had revenue of $24.04 million for the quarter, compared to the consensus estimate of $25.33 million.
Tigo Energy Price Performance
Shares of NASDAQ:TYGO traded up $0.08 during midday trading on Wednesday, reaching $1.00. The company’s stock had a trading volume of 1,124,008 shares, compared to its average volume of 921,506. Tigo Energy has a fifty-two week low of $0.79 and a fifty-two week high of $5.33. The company has a market capitalization of $75.66 million, a P/E ratio of 7.12 and a beta of 1.32. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.04 and a quick ratio of 1.90. The business’s fifty day simple moving average is $0.95 and its 200-day simple moving average is $2.60.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on TYGO. Wall Street Zen cut shares of Tigo Energy from a “hold” rating to a “sell” rating in a research report on Sunday, October 4th. Roth Capital lowered shares of Tigo Energy from a “buy” rating to a “neutral” rating and set a $1.30 price objective for the company. in a report on Wednesday, August 12th. HC Wainwright dropped their price objective on shares of Tigo Energy from $6.00 to $3.50 and set a “buy” rating for the company in a report on Wednesday, August 5th. Finally, Weiss Ratings cut shares of Tigo Energy from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, October 9th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $3.73.
Read Our Latest Analysis on TYGO
Trending Headlines about Tigo Energy
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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