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

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 target price boosted by HC Wainwright from $3.00 to $6.00 in a report published on Wednesday morning,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

Tigo Energy stock traded down $0.01 during trading hours on Wednesday, reaching $1.31. The stock had a trading volume of 791,146 shares, compared to its average volume of 2,508,054. The company has a market cap of $81.25 million, a price-to-earnings ratio of -1.56 and a beta of 0.99. The business's 50 day moving average price is $1.24 and its 200-day moving average price is $1.02. Tigo Energy has a 52 week low of $0.58 and a 52 week high of $1.80.

Tigo Energy (NASDAQ:TYGO - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.09) by $0.02. Tigo Energy had a negative net margin of 69.01% and a negative return on equity of 337.61%. The firm had revenue of $24.06 million for the quarter, compared to the consensus estimate of $21.48 million. On average, sell-side analysts forecast that Tigo Energy will post -0.43 EPS 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.