What is Roth Capital's Forecast for Tigo Energy Q1 Earnings?

Key Points

• Roth Capital projects Tigo Energy will report Q1 2027 earnings of ($0.07) per share, with a "Buy" rating and a price target of $3.00.
• HC Wainwright raises Tigo Energy's target price from $3.00 to $6.00, maintaining a "buy" rating on the stock.
• Despite a 10.2% drop in stock price, Tigo Energy reported revenues of $24.06 million for the last quarter, exceeding expectations of $21.48 million.

Tigo Energy, Inc. (NASDAQ:TYGO - Free Report) - Stock analysts at Roth Capital issued their Q1 2027 earnings per share estimates for Tigo Energy in a report released on Wednesday, July 30th. Roth Capital analyst P. Shen forecasts that the company will post earnings per share of ($0.07) for the quarter. Roth Capital has a "Buy" rating and a $3.00 price target on the stock. The consensus estimate for Tigo Energy's current full-year earnings is ($0.43) per share. Roth Capital also issued estimates for Tigo Energy's Q2 2027 earnings at ($0.04) EPS.

Separately, HC Wainwright lifted their price target on Tigo Energy from $3.00 to $6.00 and gave the company a "buy" rating in a research note on Wednesday, July 30th.

Tigo Energy Price Performance

NASDAQ:TYGO traded up $0.05 during trading hours on Friday, hitting $1.28. The company's stock had a trading volume of 341,857 shares, compared to its average volume of 427,768. The stock has a fifty day simple moving average of $1.24 and a 200-day simple moving average of $1.02. The company has a market capitalization of $79.08 million, a P/E ratio of -1.52 and a beta of 0.99. Tigo Energy has a twelve month low of $0.58 and a twelve month high of $1.80.

Tigo Energy (NASDAQ:TYGO - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.02. The business had revenue of $24.06 million for the quarter, compared to analyst estimates of $21.48 million. Tigo Energy had a negative return on equity of 337.61% and a negative net margin of 69.01%.

About Tigo Energy

Tigo Energy, Inc provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities.