Tigo Energy (NASDAQ:TYGO) Price Target Raised to $6.00 at HC Wainwright

Key Points

• HC Wainwright has raised the price target for Tigo Energy (NASDAQ:TYGO) from $3.00 to $6.00, indicating a potential upside of 387.80% from the previous close.
• Tigo Energy reported a quarterly earnings loss of ($0.11) EPS, exceeding analysts' expectations, with revenues of $18.84 million, higher than the estimated $17.56 million.
• The stock opened at $1.23 on Wednesday, with a market capitalization of approximately $76.28 million and a 12-month price range between $0.58 and $1.80.

Tigo Energy (NASDAQ:TYGO - Free Report) had its price target boosted by HC Wainwright from $3.00 to $6.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have a buy rating on the stock. HC Wainwright also issued estimates for Tigo Energy's Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.29) EPS, FY2026 earnings at ($0.05) EPS, FY2027 earnings at $0.04 EPS, FY2028 earnings at $0.12 EPS and FY2029 earnings at $0.21 EPS.

Tigo Energy Price Performance

NASDAQ TYGO traded down $0.01 on Wednesday, hitting $1.31. 791,146 shares of the company's stock were exchanged, compared to its average volume of 2,548,339. The firm's 50-day moving average price is $1.24 and its two-hundred day moving average price is $1.02. Tigo Energy has a fifty-two week low of $0.58 and a fifty-two week high of $1.80. The firm has a market cap of $81.25 million, a price-to-earnings ratio of -1.56 and a beta of 0.99.

Tigo Energy (NASDAQ:TYGO - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported ($0.07) earnings per share for the quarter, topping analysts' consensus estimates of ($0.09) by $0.02. The business had revenue of $24.06 million for the quarter, compared to analysts' expectations of $21.48 million. Tigo Energy had a negative return on equity of 337.61% and a negative net margin of 69.01%. On average, research analysts predict that Tigo Energy will post -0.43 earnings per share for the current fiscal year.

Tigo Energy Company Profile

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.