Tigo Energy (NASDAQ:TYGO) Cut to Hold at Wall Street Zen

Key Points

• Tigo Energy was downgraded by Wall Street Zen from buy to hold, even as other analysts remained mixed-to-positive on the stock.
• Analyst sentiment is still split: Roth Mkm reaffirmed a buy with a $7.00 target, Northland Securities set a $6.40 target, and MarketBeat shows a consensus rating of hold with an average target price of $6.47.
• The company’s latest earnings were roughly in line with expectations, with Q1 EPS of -$0.02 and revenue of $25.2 million, while management guided for Q2 2026 revenue of $30 million to $32 million.

Tigo Energy (NASDAQ:TYGO - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

Several other equities analysts also recently weighed in on TYGO. Roth Mkm reaffirmed a "buy" rating and issued a $7.00 target price on shares of Tigo Energy in a research report on Wednesday. Northland Securities set a $6.40 target price on Tigo Energy in a research report on Thursday. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $6.47.

Tigo Energy Price Performance

NASDAQ TYGO opened at $4.27 on Friday. The company has a market cap of $324.14 million, a P/E ratio of 106.78 and a beta of 1.32. The stock has a 50-day moving average of $4.05 and a two-hundred day moving average of $2.92. Tigo Energy has a 1-year low of $0.82 and a 1-year high of $5.33.

Tigo Energy (NASDAQ:TYGO - Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). The company had revenue of $25.20 million during the quarter, compared to the consensus estimate of $25.76 million. Tigo Energy had a negative return on equity of 41.48% and a net margin of 3.07%. On average, analysts anticipate that Tigo Energy will post 0.05 EPS for the current fiscal year.

Hedge Funds Weigh In On Tigo Energy

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Hillsdale Investment Management Inc. purchased a new position in shares of Tigo Energy in the 3rd quarter valued at about $443,000. Bridgeway Capital Management LLC purchased a new position in shares of Tigo Energy in the 4th quarter valued at about $97,000. Heron Bay Capital Management purchased a new position in shares of Tigo Energy in the 4th quarter valued at about $76,000. State Street Corp purchased a new position in shares of Tigo Energy in the 4th quarter valued at about $165,000. Finally, NewEdge Advisors LLC boosted its stake in shares of Tigo Energy by 137.7% in the 3rd quarter. NewEdge Advisors LLC now owns 36,162 shares of the company's stock valued at $90,000 after buying an additional 20,950 shares during the period. Hedge funds and other institutional investors own 15.72% of the company's stock.

Tigo Energy News Roundup

Here are the key news stories impacting Tigo Energy this week:

• Positive Sentiment: Zacks upgraded Tigo Energy to Buy (Zacks Rank #2), signaling improving earnings optimism and helping support the stock. Article Title
• Positive Sentiment: HC Wainwright raised several longer-term EPS estimates for Tigo Energy, including FY2027, FY2028, FY2029 and FY2030, which suggests confidence in the company’s future profitability. Article Title
• Positive Sentiment: Management’s outlook for Q2 2026 revenue of $30 million to $32 million and comments about utility-scale growth in 2026 appear to have reinforced bullish sentiment after earnings. Article Title
• Neutral Sentiment: HC Wainwright and Northland Securities made mixed near-term EPS revisions, with some 2026/2027 estimates trimmed while others were lifted, leaving the short-term outlook somewhat uneven.
• Neutral Sentiment: Market reaction also reflects the recent Q1 2026 earnings report and call, where results were broadly in line but not a major upside surprise. Article Title
• Negative Sentiment: Northland Securities cut Q3 2027 and Q4 2027 EPS estimates, and also trimmed FY2027 earnings expectations, which could temper enthusiasm about the pace of profit growth. Article Title

Tigo Energy Company Profile

Tigo Energy, Inc NASDAQ: TYGO is a U.S.-based provider of module-level power electronics (MLPE) solutions designed to optimize the performance and safety of solar photovoltaic systems. Founded in 2007 and headquartered in Campbell, California, Tigo Energy develops hardware and software tools that enhance energy yield, improve system reliability, and streamline compliance with electrical codes. The company's technology platform is used by solar installers, project developers, and module manufacturers to deliver higher returns on investment and bolster the safety profile of PV arrays.

At the core of Tigo's offerings is its TS4 platform, a modular MLPE solution that enables real-time monitoring, rapid shutdown functionality, and maximum power point tracking at the panel level.

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