NASDAQ:TYGO

Tigo Energy (TYGO) Stock Forecast, Price & News

$12.01

-9.29 (-43.62%)

(As of 08/9/2023 ET)

Compare

Today's Range: $11.10
▼
$13.50
50-Day Range: $12.01
▼
$26.26
52-Week Range: $7.65
▼
$27.00

Volume: 984,918 shs
Average Volume: 72,836 shs
Market Capitalization: $68.58 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $24.67

Profile Analyst Ratings Chart Competitors Financials Institutional Ownership Headlines SEC Filings Social Media

Tigo Energy MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 94.3% Upside
$23.33 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.92
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 41.03%
From $0.78 to $1.10 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Oils/Energy Sector

81st out of 250 stocks

Semiconductors & Related Devices Industry

32nd out of 87 stocks

3.5

Analyst's Opinion

Consensus Rating
Tigo Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.33, Tigo Energy has a forecasted upside of 94.3% from its current price of $12.01.
Amount of Analyst Coverage
Tigo Energy has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TYGO.

0.0

Dividend Strength

Dividend Yield
Tigo Energy does not currently pay a dividend.
Dividend Growth
Tigo Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TYGO.

3.3

News and Social Media Coverage

News Sentiment
Tigo Energy has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Tigo Energy this week, compared to 2 articles on an average week.
Search Interest
5 people have searched for TYGO on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tigo Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
29.60% of the stock of Tigo Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Tigo Energy are expected to grow by 41.03% in the coming year, from $0.78 to $1.10 per share.

See Top Rated MarketRank™ Stocks Here

About Tigo Energy (NASDAQ:TYGO) Stock

Tigo Energy, Inc. develops, manufactures, and sells smart hardware and software solutions for residential, commercial, and utility-scale solar systems in the United States, Europe, the Middle East, and Africa. The company develops Module Level Power Electronics (MLPE) which provides solar panel power optimization, rapid shutdown, and monitoring capabilities; and Energy Intelligence solution (EI solution) provides solar energy storage management capabilities. It also offers inverters, batteries, and automatic transfer switches. The company was founded in 2007 and is based in Campbell, California.

TYGO Price History

30 days | 90 days | 365 days | Advanced Chart

TYGO Stock News Headlines

August 9, 2023 | seekingalpha.com

Tigo Energy GAAP EPS of -$0.84, revenue of $68.82M misses by $3.08M

August 9, 2023 | finance.yahoo.com

Tigo Energy, Inc. Announces Redemption of Warrants

August 10, 2023 | Behind the Markets (Ad)

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August 9, 2023 | benzinga.com

Tigo Energy Stock (NASDAQ:TYGO), Earnings Estimates, EPS, and Revenue

August 9, 2023 | finance.yahoo.com

Tigo Energy Reports Record Revenues and Gross Profit For Second Quarter 2023

August 7, 2023 | finance.yahoo.com

Tigo Energy Solar Safety Technology Protects Belectric-Installed 19 MW Floating Solar System

August 3, 2023 | markets.businessinsider.com

Craig-Hallum Reaffirms Their Buy Rating on Tigo Energy (TYGO)

July 26, 2023 | finance.yahoo.com

Northland Capital Markets Institutional Investor Conference

August 10, 2023 | Behind the Markets (Ad)

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July 26, 2023 | finance.yahoo.com

Private equity firms who hold 64% of Tigo Energy, Inc. (NASDAQ:TYGO) gained 5.0%, institutions profited as well

July 26, 2023 | finance.yahoo.com

Tigo Energy Inc. to Report Second Quarter 2023 Financial Results on Tuesday, August 8, 2023 at 4:30 p.m. ET

July 6, 2023 | markets.businessinsider.com

Where Tigo Energy Stands With Analysts

June 29, 2023 | finance.yahoo.com

Investors Will Want Tigo Energy's (NASDAQ:TYGO) Growth In ROCE To Persist

June 29, 2023 | fool.com

Tigo Energy (NASDAQ: TYGO)

June 28, 2023 | barrons.com

Tigo Energy Inc.

June 27, 2023 | seekingalpha.com

TYGO Tigo Energy, Inc.

June 27, 2023 | finance.yahoo.com

Tigo Energy Delivers Data-Driven Solar Fleet Management for the Energy Intelligence Platform

June 27, 2023 | finance.yahoo.com

Tigo Energy Releases Solar-Plus-Storage for German Market at Intersolar Europe

June 27, 2023 | finance.yahoo.com

Tigo Energy Welcomes GoodWe Technologies as Latest Rapid Shutdown Licensee

See More Headlines

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TYGO Company Calendar

Today: 8/09/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:TYGO
CUSIP: N/A
CIK: 1855447
Web: www.tigoenergy.com
Phone: 949-720-5700
Fax: N/A
Employees: 182
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $23.33
High Stock Price Forecast: $28.00
Low Stock Price Forecast: $21.00
Forecasted Upside/Downside: +105.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-180,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -6,449.52%
Return on Assets: -0.66%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.20
Quick Ratio: 0.20

Sales & Book Value

Annual Sales: $81.32 million
Price / Sales: 0.84
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.10) per share
Price / Book: -120.10

Miscellaneous

Outstanding Shares: 5,710,000
Free Float: 4,020,000
Market Cap: $68.58 million
Optionable: Not Optionable
Beta: 0.60

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Key Executives

Mr. Zvi Alon (Age 71)
Chairman & CEO
Comp: $364.88k

Mr. Bill Roeschlein (Age 53)
CFO & Sec.
Comp: $180.89k

Mr. James Dillon (Age 51)
Chief Marketing Officer
Comp: $274.17k

Dr. Jeffrey Sullivan (Age 51)
Chief Operating Officer

Ms. Anita Chang
Sr. VP of Global Manufacturing Operations

Ms. Jing Tian (Age 59)
Chief Growth Officer

Mr. Derek Noble
Sr. VP of North America Sales

Mr. Mirko Bindi
Sr. VP of Sales for EMEA & MD of Europe

Key Competitors

View All Competitors

Institutional Ownership

Bank of Montreal Can
Bought 87,105 shares on 8/2/2023
Ownership: 1.525%

View All Institutional Transactions

TYGO Stock - Frequently Asked Questions

Should I buy or sell Tigo Energy stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tigo Energy in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TYGO shares.
View TYGO analyst ratings or view top-rated stocks.
What is Tigo Energy's stock price forecast for 2023?: 4 Wall Street analysts have issued 12-month price objectives for Tigo Energy's stock. Their TYGO share price forecasts range from $21.00 to $28.00. On average, they predict the company's stock price to reach $23.33 in the next year. This suggests a possible upside of 94.3% from the stock's current price.
View analysts price targets for TYGO or view top-rated stocks among Wall Street analysts.
How have TYGO shares performed in 2023?: Tigo Energy's stock was trading at $10.76 at the start of the year. Since then, TYGO shares have increased by 11.6% and is now trading at $12.01.
View the best growth stocks for 2023 here.
When is Tigo Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our TYGO earnings forecast.
What guidance has Tigo Energy issued on next quarter's earnings?: Tigo Energy updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $41.00 million-$45.00 million, compared to the consensus revenue estimate of $76.43 million.
What is Tigo Energy's stock symbol?: Tigo Energy trades on the NASDAQ under the ticker symbol "TYGO."

Who are Tigo Energy's major shareholders?: Tigo Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Bank of Montreal Can (1.53%).
How do I buy shares of Tigo Energy?: Shares of TYGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Tigo Energy's stock price today?: One share of TYGO stock can currently be purchased for approximately $12.01.
How much money does Tigo Energy make?: Tigo Energy (NASDAQ:TYGO) has a market capitalization of $68.58 million and generates $81.32 million in revenue each year.
How many employees does Tigo Energy have?: The company employs 182 workers across the globe.
How can I contact Tigo Energy?: Tigo Energy's mailing address is 888 SAN CLEMENTE DRIVE SUITE 400, NEWPORT BEACH CA, 92660. The official website for the company is www.tigoenergy.com. The company can be reached via phone at 949-720-5700.

This page (NASDAQ:TYGO) was last updated on 8/10/2023 by MarketBeat.com Staff

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Tigo Energy (TYGO) Stock Forecast, Price & News

Tigo Energy MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Tigo Energy (NASDAQ:TYGO) Stock

TYGO Price History

TYGO Stock News Headlines

TYGO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

TYGO Stock - Frequently Asked Questions

Overall MarketRank^™