Northland Securities Lifts Earnings Estimates for Tecogen

Key Points

• Northland Securities raised its FY2026 EPS estimate for Tecogen to a loss of $0.23 per share from a previous forecasted loss of $0.25.
• Tecogen shares opened at $3.26, down 3.0%, with a market capitalization of approximately $97.5 million and a 12-month trading range of $1.94 to $12.07.
• Several institutional investors recently initiated or increased positions in Tecogen, including Bank of America, Shikiar Asset Management, Citizens Financial Group, Dimensional Fund Advisors and Gabelli Funds.

Tecogen Inc. (OTCMKTS:TGEN - Free Report) - Stock analysts at Northland Securities boosted their FY2026 earnings per share (EPS) estimates for Tecogen in a research report issued to clients and investors on Wednesday, August 19th. Northland Securities analyst B. Brooks now forecasts that the company will earn ($0.23) per share for the year, up from their prior forecast of ($0.25).

Tecogen Stock Down 3.0%

Shares of OTCMKTS TGEN opened at $3.26 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.70 and a debt-to-equity ratio of 0.03. Tecogen has a 12 month low of $1.94 and a 12 month high of $12.07. The firm has a market capitalization of $97.53 million, a PE ratio of -15.52 and a beta of 2.15. The firm has a fifty day simple moving average of $4.25 and a two-hundred day simple moving average of $4.15.

Hedge Funds Weigh In On Tecogen

A number of institutional investors have recently bought and sold shares of the stock. Citizens Financial Group Inc. RI purchased a new stake in Tecogen in the first quarter worth about $26,000. Dimensional Fund Advisors LP purchased a new position in shares of Tecogen during the 1st quarter worth approximately $29,000. Bank of America Corp DE raised its position in shares of Tecogen by 4,069.0% in the 3rd quarter. Bank of America Corp DE now owns 4,836 shares of the company's stock worth $43,000 after acquiring an additional 4,720 shares in the last quarter. Shikiar Asset Management Inc. raised its position in shares of Tecogen by 32.7% in the 1st quarter. Shikiar Asset Management Inc. now owns 17,650 shares of the company's stock worth $45,000 after acquiring an additional 4,350 shares in the last quarter. Finally, Gabelli Funds LLC purchased a new position in shares of Tecogen in the 1st quarter valued at approximately $51,000.

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.

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